Phoenix Area Real Estate News

May 31, 2018

May 2018 Real Estate Market Update

Curious how the Phoenix Metro Residential Real Estate market has evolved over the past 12 months? 

For Buyers:

Supply under $200K has continued to drop rapidly, but the $175K-$200K range has accelerated its decline over the past month far more dramatically than any other price range. After being ...

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May 6, 2018

New Listing - 13522 W Desert Flower Dr.

Charming 3 bedroom 2 bath home in beautiful Palm Valley! Gorgeous French doors leading to covered patio, mosaic tile backsplash in kitchen, master bedroom split floor plan. Home has brand new interior paint, new window trim and sills and a new AC installed in 2015. 

If you're searching ...

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June 8, 2017

Renting vs. Buying

Have you ever thought, "I wonder if now is a good time to rent?". No, I am sorry it is not! It never is a good time to rent! Rents have steadily increased throughout the years, and does not seem to be slowing down. Did you also know that buying ...

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May 23, 2017

Is Your Credit Keeping You From Buying a House?

The three major credit reporting agencies, Equifax, Experian, and TransUnion are revisiting their systems of how they report Tax Liens and Judgments. According to the Wall Street Journal, starting July 1st 2017, the three credit reporting agencies will be removing tax liens as well as civil judgments from the reports ...

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Nov. 15, 2016

How President-Elect Donald Trump is Affecting Mortgage Interest Rates

Now that things have settled a little bit since the election, we have an idea about how Trump’s victory will have an impact economically. 

Current Rates

The estimates below are based on someone with a credit score of 740.

FHA 30 year fixed: 3.75% - 3.875%

Conventional Financing ...

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Nov. 8, 2016

The Time to List is Now!

Recent National Association of Realtors (NAR) reports are indicating that now is a great time to sell! We all know the basics - it is best to sell when supply is low and demand is high - and the recent NAR reports indicate just that. Taking a look at the Pending Home Sales ...

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Oct. 31, 2016

Monthly Market Update

As we close out the month of October and usher in November, it's time to take a look at how the pricing across the valley has been behaving.

Predictions vs Reality

The Cromford Report predicted that we would be seeing a price per square foot ($/sqft) of $139.37 ...

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Oct. 18, 2016

Buyers or Sellers Market?

We have talked a lot in previous posts about the terms buyers and sellers markets, but you may be curious about what exactly that means. If you take a look at the graphic below from Keeping Current Matters, you can get a good summary of how a market is determined ...

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Sept. 27, 2016

Rental Rates Keep Increasing So That Is Turning Renters into Buyers!

According to a national study by Axiometrics and reported by The Arizona Republic, the average rent in the Valley has increased in the last 22 out of 23 months. That means that rental rates have been on steady upward tick for nearly two years! This can be seen based on ...

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Sept. 5, 2016

Phoenix Ranked #2 in Housing Appreciation!

Phoenix has been named the second-best metro area for homeowners! Bankrate.com has released their data that they compile where they took into consideration home affordability, price appreciation, property taxes, homeowners’ insurance, energy and maintenance costs, foreclosures, and how rapidly rent rose for the past six years to determine the ...

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