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August 2013 Phoenix Real Estate Market Report
Latest Market Summary from the Cromford Report July behaved according to expectations, in most ways it was similar to July 2012, but is a few ways very different. Here are the basic ARMLS numbers for...
View ArticleSeptember 2013 Phoenix Real Estate Market Report
Market Summary for the Beginning of September from Cromford Report Several writers and commentators in the national media appear to be trying to stoke mass hysteria that the housing recovery is over...
View ArticleOctober 2013 Phoenix Real Estate Market Report
Market Summary for Beginning of October from Cromford Report The market is hurtling towards normality at great speed now. Sellers have had it all their own way for a couple of years but their grip on...
View ArticleDecember 2013 Phoenix Market Report
Market Summary for the Beginning of December from The Cromford Report Things quietened down during November. Demand fell but much more slowly than in October while supply rose far more slowly too. The...
View ArticleJanuary 2014 Phoenix Real Estate Market Report
Market Summary for the Beginning of 2014 from the Cromford Report The market remains in the doldrums with weak demand and low supply. In the last couple of weeks both have been falling but that is only...
View ArticleFebruary 2014 Phoenix Real Estate Market Report
Market Summary for the Beginning of February from The Cromford Report The market stability and balance which prevailed between the end of November and mid January seems to be coming to an end. Both...
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February 2017 Phoenix Real Estate Market Report
Market Summary for the Beginning of February Let us start with the basic ARMLS numbers for February 1, 2017 and compared with February 1, 2016 for all areas & types: Active Listings (excluding...
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March 2017 Phoenix Area Real Estate Market Report
Market Summary for the Beginning of March Let us start with the basic ARMLS numbers for March 1, 2017 and compared with March 1, 2016 for all areas & types: Active Listings (excluding UCB): 19,648...
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July 2017 Phoenix Real Estate Market Report
Starting with the basic ARMLS numbers for July 1, 2017 and comparing them with July 1, 2016 for all areas & types: Active Listings (excluding UCB): 18,087 versus 20,458 last year – down 11.6% –...
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Phoenix Real Estate Market Report August 2017
Market Summary for the Beginning of August Starting with the basic ARMLS numbers for August 1, 2017 and comparing them with August 1, 2016 for all areas & types: Active Listings (excluding UCB):...
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November 2017 Phoenix Real Estate Market Report
4th Quarter is Good for Buyers! Supply up 11% since August, Down 12% from 2016 For Buyers: The 4th quarter is a good time to be a buyer seasonally. After April or May, buyer activity gradually...
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December 2017 Phoenix Real Estate Market Report
23% of Listings Under $200K Sell Over List Price Greater Phoenix Appreciation 6.2% Overall, But Varies For Buyers: There are currently 1,399 normal* single family listings between $100K-$200K in...
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April 2018 Phoenix Real Estate Market Report
MLS Sales Outperform non-MLS Sales in Frenzy Market Supply Under $200K Down 36% Over Last Year For Buyers: Greater Phoenix ended the 1st Quarter 13% lower in supply, which was not helped by a 2%...
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May 2018 Phoenix Real Estate Report
Supply between $175K-$200K dropped 18% in 3 Weeks Summer is a good time to List Luxury Properties over $500K For Buyers: Supply under $200K has continued to drop rapidly, but the $175K-$200K range has...
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June 2018 Phoenix Real Estate Market Report
Is Greater Phoenix “Overvalued”? Mortgage Payments Are Lower Than They Were 13 Years Ago For Buyers: Interest rates have been increasing along with the inflation rate as of late, which has spawned a...
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July 2018 Phoenix Real Estate Market Report
Cost of Waiting to Buy Means Less Closet Space or Higher Payment More New Homes Sell in Low $200’s This Year For Buyers: Hearing cries for more affordable housing supply, developers have sold more new...
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August 2018 Phoenix Real Estate Market Report
Supply between $200K-$250K has Risen 8.1% since May Seller Price Reductions Up 7% in Popular Price Range For Buyers: If your budget lies somewhere between $200,000 and $400,000 for a home, there’s...
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Top 3 Myths About Today’s Real Estate Market
There are many conflicting headlines when it comes to describing today’s real estate market. Some are making comparisons to the market we experienced 10 years ago and are starting to believe that we...
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January 2020 Phoenix Real Estate Market Report
Market Summary for the Beginning of 2020 Courtesy of The Cromford Report The current situation is remarkable. Here are the basics – the ARMLS numbers for January 1, 2020 compared with January 1, 2019...
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March 2020 Phoenix Real Estate Market Report
Officially a Frenzy: 11% More Contracts Than Listings For Sale Contracts Over $1M up 60% Over Last Year Market Summary for the Beginning of March The supply situation is even more extreme than last...
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