Reading Time: 3 minutes NOVEMBER Market Update FOR BUYERS: Buyers who felt they lost out on the buyer’s market last year will be getting another chance this year. The
Reading Time: 4 minutes October Market Update FOR BUYERS: The 4th quarter is here, and this is the best time of year to be a buyer in Greater Phoenix!
Reading Time: 3 minutes Scottsdale Charmer Coming Soon! 3 Bedrooms + Office| 2.5 Bathrooms | 2130 Sq Ft Newly Remodeled Flooring, Paint, Windows, Roof, Plumbing (including underground), Electrical, HVAC,
Reading Time: 4 minutes September Market Update FOR BUYERS: When first-time home buyers talk to their parents or grandparents about today’s mortgage rates, they may get a response similar
Reading Time: 3 minutes August Market Update FOR BUYERS: Not a lot of changes are happening in the housing market right now. It’s as if both buyers and sellers
Reading Time: 4 minutes July Market Update FOR BUYERS: While many professionals tout appreciation as the main benefit of homeownership, higher mortgage rates bring another tool into the equation
Reading Time: 4 minutes June Market Update FOR BUYERS: Last month we reported that the year-over-year supply change will be negative within 6 weeks, and at that time supply
Reading Time: 4 minutes May Market Update FOR BUYERS: The sharp decline in supply for Greater Phoenix is a good reason for buyers to have a sense of urgency
Reading Time: 3 minutes April Market Update FOR BUYERS: It’s been an eventful 4 weeks, again. Conventional rates dropped from their high of 7.1% on March 2nd to 6.1%
Reading Time: 3 minutes March Market Update FOR BUYERS: Rates defied industry predictions once again and rose over a point from 5.99% to 7.1% between February 2nd and March
Reading Time: 4 minutes February Market Update FOR BUYERS: The Spring season is upon Greater Phoenix. February hosts the Waste Management Open and Super Bowl LVII this year, putting
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%
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
