Arizona Real Estate Notebook

October 18, 2020

K-Shaped Recovery – Employed People Have More Money Despite High Unemployment

Maybe this really is a K-shaped “recovery.” It would help explain the great mystery of why we’re having a real estate boom at the same time we’re having such high unemployment.

The Shocking Reason House Prices are Increasing So Fast

Despite the recession, total U.S. personal income was $500 billion higher in August than in March due to the $4 trillion in federal Covid relief grants and loans that went to businesses, individuals, and governments.

October 4, 2020

Phoenix House Prices Up 17% in 1 Year!

The median price of single-family houses sold increased from $299,000 in September 2019 to $350,000 in September 2020, a 17% increase in 1 year.

September 27, 2020

We’ve Worked Our Way Through the Backlog of Phoenix Home Sellers Who Delayed Selling Last Spring

Unexpectedly, the Phoenix housing market in September seems to be tighter than August, at least compared to 2019.

September 13, 2020

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?

September 6, 2020

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.

August 30, 2020

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.