The National Association of REALTORS® reports that though the frigid weather has cooled home sales in most of the nation this winter, the luxury housing market has been sizzling. Sales of homes with a million-plus price tag have been rising. "The national median price for homes priced at more than $500,000 has increased to $1,322,653 – a 7% rise compared to February 2013, according to market Continue Reading
The Top 10 wealthiest Phoenix-area ZIP codes for 2014
Phoenix 85045- Median household income: $119,878 Median disposable income: $97,310 Paradise Valley 85253- Median household income: $117,351 Median disposable income: $95,207 Scottsdale 85255- Median household income: $116,265 Median disposable income: $93,602 Tempe 85284- Median household income: Continue Reading
3 bold predictions for the Phoenix real estate sector in 2014
What’s in store for the Phoenix real estate sector in 2014? Experts say the housing market should see less dramatic price gains, higher interest rates and dissipating interest from Wall Street investors. Meanwhile in the commercial sector, a we’re likely a few years away from a healthy recovery. Here’s a closer look at what to expect in 2014: Prediction No. 1: The housing market keeps Continue Reading
February ARMLS Market Summary
Check out the summary of the February market activity. Market Summary - February Continue Reading
Has the Phoenix housing market finally balanced out?
2014 could provide the answer When it comes to home prices, supply and demand, the pendulum has been swinging from one extreme to the other in Phoenix since the housing boom of a decade ago. The metro Phoenix housing market went from a pre-recession sellers’ market to a buyers’ market amid the foreclosure crisis. Then it went back in the sellers’ favor again these past two years when Continue Reading
4 Deal-Killing Mistakes Buyers Make
1. They Don’t Consider the Details. You want your clients to toast the memory of you handing them the keys to their home, not rue the day they closed. To keep them from regretting the biggest purchase of their lives, you need to help them think through the details of what they want before you even start looking at properties. So, ask them questions like: Who do they picture living in the house in Continue Reading
Phoenix-area housing market tilts in favor of buyers
By Catherine Reagor The Republic | azcentral.com Sat Jan 25, 2014 11:52 PM The number of houses for sale in metro Phoenix has climbed almost 40 percent in the past year. With many more properties from which to choose, the market is tilting away from sellers toward people looking to buy. The entire region can’t yet be called a buyer’s market, but certain areas, including the northwest Continue Reading
Great Home for Sale in Gilbert, Arizona
$266,000 4 Bedrooms/2.5 Baths + Loft + Den/Office + Master Bedroom Sitting Room 2,543sf Price/SqFt: $104.60 Year Built: 2004 MLS#5054292 4357 E WINDSOR CT Gilbert, AZ 85296 Corner Lot, North/South Facing Lot, South facing Backyard Beautiful home on desired corner lot with North/South exposure (south facing backyard perfect for winter visitors)! This home has been upgraded by Continue Reading
Arizona foreclosure market ranks among healthiest
For several years the number of homes in foreclosure in Arizona was among the nation’s highest. The state is now among the lowest in foreclosures as a percentage of homes for sale. Wall St. Cheat Sheet reported Arizona was in the top 12 best foreclosure markets with the housing inventory containing 0.8 percent bank-owned properties. The state, which was rocked by the housing collapse, had Continue Reading
6 Things Sellers Need to Know Before Listing Their Home
In a market where home inventory is low and demand is soaring, sellers may think that their home will move in mere minutes–and at a price that defies even the loftiest expectations. When left untethered, these dreams of big prices and warp speed sales can spell disaster–and major disappointment. Here are six simple points sellers need to know before putting it on the market. 1. Staging Continue Reading
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