Market Updates

Aug. 16, 2019

iBuyers: Is Convenience Worth the Cost?

 

On average, sellers are likely to make 13% - 15% LESS with an iBuyer versus a traditional broker (source: Sklarz & Miller, 2019).  While technology has influenced and in a lot of ways improved the real estate industry, the iBuyer phenomenon (such as Open Door, Zillow Offers, OfferPad, etc.) might need ...

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July 12, 2019

July 2019 Real Estate Review

The seasonality in the Maricopa County real estate market couldn’t be more obvious, or consistent. Lots of sales in April, May and June; not as many in December, January and February.

The highs have risen slightly higher each year, but the lows have gotten lower as well. Overall volume per ...

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July 12, 2019

Housing Inventory Increases as House Prices Moderate

After years of an inventory shortage in the housing market, conditions are finally improving. This all adds up to buyers having more choices when looking for homes. Yet sellers will also have to adapt to the new market conditions, as an increase in inventory often leads to a slowdown in ...

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April 25, 2019

Positive Signs for the National Housing Market

According to the National Association of Realtors (NAR), sales of existing homes climbed in February; what’s more, month-over-month sales recorded the highest increase since December 2005. According to Lawrence Yun, chief economist for the NAR, several factors led to the impressive rise in sales including “a powerful combination of lower ...

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July 31, 2017

Curious About Local Real Estate?

Receive the Latest Local Market Stats

Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood ...

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Posted in Market Updates