
January 2023 – Market Update – Phoenix Buyer Market – Aaaand It’s Gone
Reading Time: 3 minutes January Market Update FOR BUYERS: Last year, traditional buyers took a back seat to an influx of cash investors and speculators who outbid them. Then
Reading Time: 3 minutes January Market Update FOR BUYERS: Last year, traditional buyers took a back seat to an influx of cash investors and speculators who outbid them. Then
Reading Time: 4 minutes December Market Update FOR BUYERS: Buyer demand has been more reactive to mortgage rates than normal, but that’s to be expected at the rate of
Reading Time: 4 minutes November Market Update FOR BUYERS: Greater Phoenix as a whole has been in a balanced market since August, but is expected to glide into a
Reading Time: 3 minutes October Market Update FOR BUYERS: The price reductions keep coming. Last week when mortgage rates hit 7.0%, the Greater Phoenix housing market responded with 4,427
Reading Time: 3 minutes September Market Update FOR BUYERS: The percentage of closings with seller-paid closing costs continues to grow as August and September to date range between 12-13%
Reading Time: 3 minutes August Market Update FOR BUYERS: For Buyers:Good news for buyers, the number of closings with seller-paid closing costs rose 27% in July compared to June
Reading Time: 3 minutes July Market Update FOR BUYERS: For Buyers: Welcome to a balanced market*, how quickly the tables have turned! While seller markets are ideal for the
Reading Time: 3 minutes June Market Update FOR BUYERS: Market conditions continue to get better for buyers undeterred by rising mortgage rates. Over the last 10 weeks, there has
Reading Time: 4 minutes May Market Update FOR BUYERS: It’s the moment you’ve been waiting for, less competition and more supply in Greater Phoenix! Active supply is up 40%
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 Spring is in full effect in the northern hemisphere and as restrictions on some outdoor spaces begin to lift, here are five ways you can
Reading Time: 3 minutes Now that we’ve had a chance to visit museums and see a show or two, let’s take it one step further. Staying home doesn’t mean
Reading Time: 3 minutes There are many famous quotes about home – “home is where the heart is,” “there’s no place like home,” and “home is where your story
Reading Time: 3 minutes By now, many of us have been home and sheltering in place for over a month. We have gone through many different phases while adapting
Reading Time: 3 minutes During the course of a typical day, parents juggle many tasks between home and work. These unprecedented times have parents stretched further than before—adding homeschooling
Reading Time: 3 minutes Free time, something that’s often accounted amongst ideas most luxurious, can become ampler when you find yourself indefinitely working from home. That being said, you
Reading Time: 3 minutes It’s long been known that being sedentary is linked to chronic disease; with many around the world working from home and gyms temporarily closed, it’s
Reading Time: 2 minutes While staying at home and practicing safe social distancing are the best courses of action to combat the COVID-19 pandemic, it doesn’t mean we have
Russ Lyon Sotheby’s International Realty
6900 E. Camelback #110
Scottsdale , AZ 85251
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