Preparing To List Your Luxury Home
When you ask a seasoned real estate professional if selling a “luxury” home is different from selling a non-luxury home, a lot of them will tell you that “luxury” means just another zero (or two) to the price tag. The truth is, the luxury home market is very different from the non-luxury market and the […]
Phoenix Is Experiencing A Luxury Housing Boom
This year, the Phoenix real estate market has had plenty of reasons to cool. And in some places, at some price points, it has corrected from a frenzied pace that was becoming difficult to sustain. That being written, the average sale price across the valley has risen by 11.5% since January of this year. In […]
Looking for Luxury: Discover These Six Phoenix Areas
The Phoenix area is vast. It’s home to millions of people, a number of suburbs, and countless individual neighborhoods. As one of the biggest metro areas in the country (both geographically and population-wise), Phoenix has carved out unique luxury real estate enclaves that offer a distinct character for homebuyers in search of a specific look, […]
Understanding Home Price Trends in Phoenix
Numbers, as they usually do, are telling the story of the Phoenix housing market. A booming metropolitan area that has long grabbed housing market headlines for its white-hot activity and growth, Phoenix is apparently cooling. A little. Maybe. Or is it? Buyers and owners wondering if home prices are dropping in Phoenix are coming across […]
Shifting Seller Strategy In An Increasing Inventory Environment
The softening of record-high home prices and inflation at its highest level in 40 years have dominated the summer housing market. Homes that were becoming increasingly out of reach just a few months ago are becoming more attainable as the housing market goes through a dramatic rebalancing. In some dynamic markets like Phoenix, home prices […]
Top 3 Things You Should Know About A Shifting Real Estate Market
Timing is everything! If you’re a buyer looking for a home or an investment property in the Phoenix metro, the pendulum is finally starting to swing in your direction. Over the last few years, the Valley of the Sun has been at the center of one of the hottest housing markets in the country, but […]
What Do I Need To Know About Higher Interest Rates As A Buyer?
Mortgage interest rates have risen dramatically over the last several months. If you’re like many buyers who have hit the pause button waiting for rates to go back down, you may do yourself a disservice as the influx of newly available homes is providing buyers with many more homes from which to choose as well […]
Weathering a Recession with Smart Real Estate Investments
With inflation at a 40-year high, interest rates on the rise, and continued supply chain issues, the economy is struggling to gain resiliency in a post-pandemic world. With all of this pressure on the economy, fears that a recession is impending are becoming the talk of economists, talking heads, and around the water cooler. Here […]
What Rising Mortgage Rates Mean for Phoenix Home Buyers
The rock bottom interest rates that were a welcome reality over the last few years are now gone. As a result of inflation, everything costs more these days, including mortgage loans, which have risen dramatically. For the first time since the financial crisis in 2008, average mortgage rates are higher than 5%. The Fed is […]
Best Places to Find Affordable Homes in Phoenix
Phoenix has long been recognized as the place to go if you want to buy a house at a reasonable price. With year-round sunshine, stunning desert landscapes, vibrant southwestern culture, and cuisine, the Phoenix metroplex is one of the most sought-after cities in America for relocation. Many Phoenix neighborhoods offer inexpensive housing and strong employment […]
Spotlight on the Luxury Housing Market in Phoenix
Luxury homes are selling at incredible prices all over the country. The latest Case-Shiller Home Price Index shows a 19% year-over-year jump in the 20 cities measured (including Phoenix), representing the fourth largest gain on record. Phoenix continues to make real estate headlines, but this time the luxury market in our city is the center […]