What Will Be the Impact of Mortgage Forbearance & Eviction Moratorium on Phoenix Real Estate Market?
What happens to the Phoenix real estate market when the mortgage forbearance and eviction moratoriums end?Read more
Geek Dive into Phoenix Real Estate Market – September 2020
September 2020 update of Phoenix real estate market data. What’s going on behind the headline data.Read more
Covid-19 Mask – Moratoriums Mask Economic Impacts of Covid-19 on Housing Market 2020
To some degree, the moratoriums are masking the economic impact of Covid on the real estate market so we may get a bit of a shock when the true face of the real estate is finally revealed.Read more
Cruel Summer for Phoenix Home Buyers (Apologies to Bananarama)
The number of Phoenix homes listed for sale is now as low as it was in 2004, right before Phoenix house prices skyrocketed in 2005.Read more
Phoenix Real Estate Market – No Big Changes Last Week
No big changes to the Phoenix real estate market last week but a one weird thing did happen.Read more
The Unexpected Housing Crisis
July – Single-Family Detached Houses. Highest median sold price ever. Highest number of houses sold ever.Read more
Phoenix Market Still Crazy Tight
Number of single-family houses hitting the market is now a bit higher than last year. But sales are still high. So, the number of houses listed for sale hasn’t started to increase yet from crazy low levels.Read more
Phase 3 of the COVID-19 Real Estate Market – The Peak
For 2 months (March-April), the market tanked. • For 2 months (May-June), the market soared. • For July, the market peaked and stopped getting crazier but it’s still way crazy tight.Read more
It’s Official. June was Crazy. Prices Up 3%-6% in 1 Month
• Monthly Graph – Now has June data.• Weekly Graph – We now show changes from 2019. Let’s look at the new June stats first and then look at the weekly data. Phoenix Real Estate From May to June, the median price of all homes sold in metro Phoenix went up 3% from $295,000 to…Read more
Past Peak Frenzy? – Phoenix COVID Real Estate Market Update
The Phoenix real estate market is still crazy, insanely tight but it looks like it finally stopped getting worse. We’re probably past Peak Real Estate Frenzy.Read more