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 APRIL MARKET UPDATE 57% OF SALES ARE OVER ASKING PRICE MEDIAN SALE PRICE UP 27% TO $457,000 FOR BUYERS Supply is still the top concern
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
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
