Altos Research’s Market Action Index is a proprietary calculation that gives you an idea of the real estate market and whether it favor buyers or sellers. In their metric, an index of 30 or more is a seller’s market. North Scottsdale In North Scottsdale, all areas are still tilted in favor of the buyer. For [...]
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market report
The Cromford Report is packed full of excellent real estate data for the Phoenix market. I’ll be incorporating this home sales information from Scottsdale periodically, since it highlights the current condition of our real estate market here in the Valley of the Sun. You can see that the number of Scottsdale home sales have improved a bit recently. In September, [...]
With the weather is cooling off, open house signs are starting to pop up around Scottsdale. Since the price of gas still very high, being smart about where you are home shopping is more critical than ever. Last week, I wrote about south Scottsdale, specifically zip code 85257. Entry level housing in this part of [...]
Okay, I’m going a little chart crazy, but sometimes a picture says it so much better than words. Today, I was curious about how the Scottsdale market was doing in comparison to San Diego and Las Vegas. I’ve added Phoenix in too, since our local markets are in different states of transition. San Diego really [...]
Scottsdale single family homes have been selling faster than new homes were listed for the past three months. We are beginning to see the increased activity that typically comes in the fall season, too. More homes are being listed, yet they are selling at a higher rate than they are coming onto the market. The [...]
It feels like the real estate market has been in a static place for most of the summer, and then several weeks ago, my phone and email started going crazy. Buyers were asking questions and seriously ready to buy homes. Today’s Altos Research reports show that my experience is pretty much in alignment with the [...]
Sometimes it’s challenging to know what’s really going on in the Scottsdale real estate market. The news tends to focus on large areas and general statistics that don’t really give us an understanding for what is going on in our specific town or neighborhood. Chris Butterworth’s post this morning on the Northwest Phoenix Market Statistics [...]
