Market Updates

May 20, 2020

Housing Market Positioned to Bring Back the Economy

All eyes are on the American economy. As it goes, so does the world economy. With states beginning to reopen, the question becomes: which sectors of the economy will drive its recovery? There seems to be a growing consensus that the housing market is positioned to be that ...

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May 20, 2020

Phoenix Valley Real Estate Market Snapshot | May 2020

Month-over-month Active Listings remained the same and the good news is in the 6.1% increase for the Listings that went under contract this last month. Closed sales decreased by 22.1% but this drop was expected due to the forced unemployment and furloughs which resulted in buyers not qualifying ...

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May 4, 2020

COVID-19 Aftermath: Good News for Normal Buyers

 

For Buyers:

The kickoff of 2020 was developing into a nightmare for normal buyers who just wanted to find a place to live. Extreme competition for homes between wholesalers, cash buyers, vacation rental investors and traditional buyers depleted supply and created an environment consisting of multiple offers, appraisal waivers ...

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April 16, 2020

Arizona Real Estate Update - Effects of COVID-19

Silver Alliance Realty would like to update everyone with what we are seeing in our local real estate market. The information presented is supported by recent industry reports, webinars and our years of experience.

We are implementing the newest tools to help our buyers and sellers with their sales transactions ...

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March 26, 2020

Essential Services in Arizona

GOV DUCEY ANNOUNCED ON MARCH 23rd, 2020

https://azgovernor.gov/governor/news/2020/03/list-essential-services

Here is what the essential services will include:

• Health care and public health operations, including hospitals, public health entities, distributors of personal protective equipment and biotechnology companies;

• Human services operations, including those that ...

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March 26, 2020

A Message About COVID-19

 

Dear Clients, Friends, and Colleagues,

The Platt Team here at Silver Alliance Realty would like to update everyone about our current business practices in light of the COVID-19 pandemic.  We have several transactions that are moving along well towards their scheduled closing dates.  

In a March 23rd press conference ...

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March 24, 2020

Spring 2020 Phoenix Valley Real Estate Market Update

The chart below quickly outlines and compares the general Phoenix valley (Maricopa County) real estate market between 2019 and 2020.  If you have more questions about a specific market, contact Silver Alliance Reatly (602) 615-8470.  We are always available to help our clients. 

Affordability for Buyers has Improved Thanks ...

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Feb. 12, 2020

Glendale, AZ Home Pricing up 6.7% in January 2020

The Median Sales Price in Glendale was $272,000 in January, up 6.7% from $255,000 in Jan’19. Even more impressive is the 38.4% growth over the last 4 years, since $196,500 in Jan’16.

 

- Chris Butterworth

8 Dollar Farming

https://www.8dollarfarming.com/mls-charts-az/glendale-pricing/2020-02 ...

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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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