If You Like Numbers…
2018 may be a great year to buy an investment property and enjoy both rising prices and rents.
Jump in Average Sold Price
Homes are selling at a brisk pace, still in less than two months on average, and inventory is down 6% from a year ago.
Higher the Price, Longer the Wait
The most affordable homes are typically going under contract in a month or less, while luxury homes priced over $1 million are taking several months or more to attract serious buyers.
Bump in Average Sales Price
October 2017 saw a nice full 1.0% bump in average sales price, to $297,839.
When is the best time of year to buy or sell a home?
Interest rates are fabulous and so is the weather--it’s a good time of year for serious buyers to successfully make offers.
October Market Update
As usual for Fall, the Phoenix real estate market is cooling down a bit along with the weather.
Summertime Blues? Not in Our Real Estate Market!
End of August numbers are in, and they bring good news for both buyers and sellers.
Are We In A Bubble?
Some buzz and internet headlines suggest that we are in another housing bubble, but the statistics and data trends say otherwise.
