Time to Sell Your Phoenix Investment Property?
The number of single-family homes sold in Maricopa County in January was down 12% versus January 2018 but then again the first half of 2018 was a super hot market.Read more
17% Fewer Homes Under Contract!
First 3 Weeks of January. Closed Sales – Down 14%. Number of Homes Going Under Contract – Down 12%. Total Number of Homes Under Contract – Down 17%.Read more
Sales Down 10% – Phoenix Homes
The big story is the number of Phoenix homes sold in December was down 10% from last December!Read more
First Phoenix Real Estate Data for 2019
Phoenix real estate market sees fewer home sales but the same number of new listings during the first 10 days of January.Read more
Phoenix Real Estate Market – Jan 1, 2019
Status of the Phoenix real estate market on January 1, 2019. Monthly Sales Down 9.7%. Active Listings Up 3.8%. Under Contract Listings Down 16.7%.Read more
Prices Up 7% – Phoenix Homes
Phoenix home prices were up 7% but what about 2019?Read more
Should Phoenix Landlords Sell or Hold?
I went to a 3-hour seminar yesterday on property management. Here’s some of the advice the property managers gave to landlords considering selling now or waiting.Read more
Phoenix Real Estate Market – October Demand Down a Bit
I’m removing the “strongly” from my forecast in September, “My conclusion is that home prices will increase strongly in 2019.”Read more
Redfin’s “Sold Above List Price” – Seattle vs Phoenix
Redfin says the number of homes selling above list price is decreasing. But what about in Phoenix? This is, obviously, a very early sign that the real estate market MAY have peaked. Here’s what Redfin says, “In Seattle, the Share of Homes Selling Above List Fell to 30% this Month from 50% a Year Ago”. Among…Read more
Sept 2018 – Phoenix Home Price Outlook
We’re seeing more stories about home prices falling. This is from the Orange County Register; “Thomas’ biweekly report found a stark change in the market for existing homes as of Sept. 20 vs. a year ago: selling time was 26 days longer as listings grew by 22 percent… As summer ended, the four-county region… had…Read more