Scottsdale home prices continue to increase. While monthly averages have fluctuated over the past year, ranging between $170 and $210 per square foot, the overall trend in definitely positive. Looking at the annual average, this more tempered measurement shows an average price of $165/SF one year ago, with a steady increase to $190/SF this month. [...]
Sellers
Have a house to sell that you’ll list for less than $500K? In today’s market, you have a property that’s in demand. Over the past two years, the Phoenix real estate market has changed dramatically! Back in August 2010, the Sellers’ Market consisted of homes priced $75,000 and under. Almost a year later, in [...]
Here’s another example of how local real estate is. The news keeps reporting on the recovery of the Phoenix Metro real estate market, and it’s true, we have a very active market. However, from the charts below, you can see that, by city, there are some striking differences, particularly in Scottsdale. In the City of [...]
From Michael Orr at the Cromford Report: The short supply of homes for sale in the Phoenix area is getting more severe. March 29 – The supply shortage is getting increasingly severe as new listings are now being added to ARMLS at the slowest seasonal rate since the current ARMLS database began in 2000. This [...]
Yes, I think the Scottsdale real estate market is insane. And not just Scottsdale, it’s Phoenix, Chandler, Mesa, Gilbert, and all the rest of the Valley of the Sun. I’ve been working like a maniac for the month of March, and have seen so much craziness. I feel for buyers who are totally challenged to [...]
Scottsdale has more than its fair share of beautiful homes. If you’d like to take a quick look at what a million dollars will buy you in Scottsdale real estate, I invite you to my Facebook page for At Home in Scottsdale. If you haven’t “Liked” my Facebook page before, you’ll have that option. Once [...]
Scottsdale has a serious shortage of homes for sale right now. And cash buyers are out in droves. In 2011, 47% of the more 100,000 home purchases in Phoenix were cash transactions. I can talk through the past couple of days with you, just to illustrate the real situations that buyers are encountering. Buyer made [...]
