Category Archives: Buying

October 2017 Phoenix Market Update: High End Sales Over $600k Up 27%

3rd Quarter MLS Sales Up Only 2% Over 2016 High End MLS Sales Over $600K Up 27% For Buyers: The median home size sold through the MLS this year is 1,774 square feet. Interestingly, this measure has not fluctuated more … Continue reading

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September 2017 Market Update: Has the Phoenix Real Estate Market Recovered?

Active Listings Between $150K-$175K rise 17% since June Has the Phoenix Real Estate Market Recovered? For Buyers: Supply between $150K-$200k continued rising in August.  However the $150K-$175K range had a more dramatic rise.  While still 26% below last year, it … Continue reading

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August 2017 Phoenix Market Update: First-Time Home Buyers Get a Boost

Active Listings Between $150K -$200K Rise 10% in 4 Weeks First-Time Home Buyers Get a Boost For Buyers: We have good news for first-time homebuyers!  A 10% rise in active single family homes between $150K-$200K over the last 4 weeks … Continue reading

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July 2017 Phoenix Market Update: Supply Stops Declining Between $150-300k

Metro Phoenix Lease Rates Decline 11% For Certain Types of Rentals Supply Stops Declining Between $150K-$300K For Buyers: Good news for buyers, listings for sale between $150K and $300K stopped declining over the past 4 weeks.  This is good news … Continue reading

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FSBO Sales Up But Sell for Less, New Home Sales Up 26%

For Buyers: More buyers have turned to new homes so far this year.  Overall year-to-date new home sales are up 26% compared to last year as builders continue to add much needed supply to the marketplace.  All price ranges over … Continue reading

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