Reading Time: 4 minutes April Market Update FOR BUYERS: Supply is still the top concern for buyers these days and we continue to look to new construction to add
Reading Time: 3 minutes March Market Update FOR BUYERS: Don’t be fooled by the small increase in supply and decrease in demand compared to last year. The Greater Phoenix
Reading Time: 3 minutes February Market Update FOR BUYERS: For Buyers: Affordability has been dominating the headlines as of late, however few have been documenting the plight of buyers
Reading Time: 3 minutes January Market Update FOR BUYERS: As the cost of purchasing a home increases in Greater Phoenix, the question of whether to rent or buy becomes
Reading Time: 3 minutes November Market Update FOR BUYERS: Does anyone know what a normal, or balanced, housing market looks like anymore? In Greater Phoenix, the supply and demand
Reading Time: 3 minutes November Market Update FOR BUYERS: Tis the season for 2022 projections in the housing market and, as expected, there are conflicting opinions among national housing
Reading Time: 3 minutes September Market Update FOR BUYERS: The housing supply shortage is still in full swing, and there is online speculation that the end of forbearance may
Reading Time: 3 minutes September Market Update FOR BUYERS: Buyer demand has rallied sharply over the past 4 weeks, which is unusual for this time of year. The rally
Reading Time: 3 minutes August Market Update FOR BUYERS: There is a little relief ahead for buyers in Greater Phoenix. Supply continues to rise in price points between $300K-$1.5M
Reading Time: 3 minutes July Market Update FOR BUYERS: Buyers with budgets over $300,000 may be noticing that they have more listings to choose from compared to a few
Reading Time: 3 minutes June Market Update FOR BUYERS: For Buyers: There’s a lot of conflicting advice for buyers online these days, and there’s no shortage of headlines advising
Reading Time: 3 minutes May Market Update FOR BUYERS: Despite all the incredible news about rising real estate prices, a family making the median income of $79,000 in Greater
Reading Time: 3 minutes January Market Update 2020 Broke the Record for Luxury Sales, Slim Pickings in 2021 FOR BUYERS: FOR BUYERS: There were 111,036 new listings added to
Reading Time: 2 minutes November Market Update We now have of inventory across all ARMLS areas and types. This is less than 4 weeks. FOR BUYERS: The Rent vs.
Reading Time: 2 minutes The real estate market in the Greater Phoenix area has definitely been cranking on all cylinders. The low inventory has both buyers and sellers feeling
Reading Time: 2 minutes October Market Update Homes Under Contract Up 36% / Sales Up 23% Median Sale Price Up 18% For Buyers: A common complaint in the resale
Reading Time: 2 minutes September Market Update Wow! 17% Spike in Contracts over $600K in August34% of Homes Closed Over Asking Price For Buyers:The first few weeks of August
Reading Time: 3 minutes July Breaks Records in 2020 65% of Homes Affordable in Greater Phoenix For Buyers: It’s a jungle out there for buyers, but despite recent appreciation
Reading Time: 2 minutes JULY MARKET UPDATE The Competition is Fierce! Sellers are loving the LOW Inventory! For Buyers: Greater Phoenix has a population of approximately 4.8 million people
Reading Time: 3 minutes JUNE MARKET UPDATE Two BIG Headlines! 1. Frenzy Is Back – 23% of Sales Close Over Asking Price 2. Luxury Rebound – Contracts Over $500K
Russ Lyon Sotheby’s International Realty
6900 E. Camelback #110
Scottsdale , AZ 85251
O: (480) 420-3777
M: (480) 330-1554
F: (623) 218-1550
E: Email Us
ADRE #: SA581915000
