Arizona Real Estate Notebook

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.

August 23, 2020

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.

August 16, 2020

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.

August 9, 2020

The Unexpected Housing Crisis

July – Single-Family Detached Houses. Highest median sold price ever. Highest number of houses sold ever.

August 2, 2020

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.

July 27, 2020

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.

July 19, 2020

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…

July 15, 2020