Arizona Real Estate Notebook -

January 17, 2021

Latest Updates – Where to Find Them

I’m experimenting with a new email-focused website. To see the latest posts, click here when this post is open. I’ll keep the interactive graphs and previous posts here on this website but right now I’m experimenting with sending the updates via the email-focused website… at least for now.

January 3, 2021

Goodbye Crazy 2020 Real Estate Market – Hello Crazy 2021 Real Estate Market

The median single-family house price in metro Phoenix was 15% higher last month compared to December 2019. Here’s why.

December 27, 2020

2021 Phoenix Real Estate Market – Destination Unknown

As we enter the high season in Phoenix real estate, the numbers look like we’ll have the hottest Phoenix housing market since 2005 which was the peak of the Great Real Estate Bubble.

December 21, 2020

Supply of Phoenix Houses for Sale Lowest Since 2004 & 2005

The number of single-family detached houses listed for sale in the metro Phoenix MLS is below 10,000 for the first time since 2004 and 2005

December 13, 2020

Will Home Prices Reach Escape Velocity in 2021 Like in 2005?

The number of single-family houses listed for sale in metro Phoenix is similar to 2004 which was right before house prices left Earth’s orbit in the first half of 2005.

December 6, 2020

Phoenix House Prices Up 17% Since Last November – Danger Zone

When the Fed eventually starts increasing interest rates, the hardest hit sector will be housing.

November 29, 2020

#1 Reason Phoenix Home Prices are Skyrocketing

From Nov. 2018 to Nov. 2020, the median home price in Phoenix increased $75,100 but the principal & interest payment FELL $27 a month.

November 22, 2020

Crazy Phoenix House Price Increases Until Next Summer… at Least

In 2 years, the median house price in Phoenix went up 27% but the monthly P&I payment went DOWN 2%!

November 15, 2020

Okay, I’m scared – Phoenix house prices up 18% in a year

Phoenix single-family detached house sale prices were 18% higher in October 2020 versus October 2019.

November 1, 2020

Real Estate Market Mania Continues in Phoenix into November 2020

The number of closed single-family detached house sales the last 4 weeks have been 20% to 30% higher than during the same weeks in 2019.