How’s The Market?
Real estate affects everyone here in the valley – even those who don’t buy or sell. So being a Realtor, I get to see firsthand the level of interest the subject attracts. The second most common question I get asked is “How’s the market?†(The most common one being “Are you that guy on TV?â€)…
Demand Is Back to Normal (whatever Normal is?)
After a year and a half of the real estate market being in the doldrums – low supply and low demand – demand has fully corrected. In fact, demand is now in a “normal†range. Supply however, has failed to follow. In fact supply is down about 15% from last year. That is great news…
Where Buyer’s can Win
While sellers are gaining the upper hand in the marketplace this spring buying season, they don’t have power in all areas. Let’s evaluate where buyers are winning and losing. Relatively strong supplies (which give buyer’s potentially more bargaining power) currently exist in: Chandler –supplies have been rising since early March and are about at the…
The Frenzy Begins
The early suspicions that 2015 might actually see an increase in demand are finally proving to be fact. In real estate, improvement in a market goes from the bottom up, rather than from the top down. This means that to stimulate a market place (i.e. see price improvement and a high volume of turnover) you…
The Spring Buying Season Has Begun
Spring is here, bringing not only spring breakers but also the real estate spring “buying seasonâ€. Real estate is cyclical – in both long term and short term trends. Annual trends typically follow the same pattern year after year. Demand begins picking up in February, continues to climb to the peak in May then remains…
Zillow is Zawful
Although the market remains very subdued (low volume of home exchanging hands) and pricing remains flat, much like 2014, the public seems to be receiving a very different message. It is easy to look for villains, and frankly we needn’t look that far. (Hint: Zillow). Case in point, in speaking to a cable company technician…
The Early Clues
2015 is now underway and all eyes are searching the horizon for signals foretelling this year’s real estate trends. Will 2015 differ from 2014, or will history repeat itself? Trends by their nature involve time. So attempting in February to predict the market of 2015 is a dicey proposition. But we certainly have a few…
Better is still…well, better!
Happy 2015! However tardy, we had to add our best wishes for a wonderful new year. 2015 has been a year long awaited by the real estate industry – as many speculated in the last few years that real estate would boom in 2015. So will 2015 in fact be the gangbuster year dreamed of? …
Why Buy at All?
The last decade has seen some of the most volatile real estate profits and losses that most people will see in their lifetimes. The sad thing is what this has done to the average consumer’s perception of appreciation. If you have one year (as we did) with 47% increase in values – then the historical…
17th Annual Holiday Lights and Petting Zoo
Christmas lights galore, a snowy Christmas Village filled with 100’s of homes, businesses and 1000’s of people and animals. You will see one of the largest collections of Nativity scenes in the Southwest, ranging from life size to ½ inch tall. And the Main Event…The Animals! Stop by and pet a donkey! We have 5…