Phoenix/Scottdale Market Conditions (June)

Here is the latest analysis  from the Cromford Report on our market area conditions as of mid June. FSBO Sales Up But Sell for Less New Home Sales Up 26% For Buyers: More buyers have turned to new homes so far this year.  Overall year-to-date new home sales are up 26% compared to last year as builders continue to add much needed supply to the marketplace.  All price ranges over $225K have seen large increases in year-to-date sales, with builders focusing heavily on adding inventory … [Read more...]

Cromford Report Market Status Phoenix / Scottsdale and Surrounding Areas

A Great Time to Buy As a subscriber to the Cromford Report I am able to provide up to date information about the current trends we are seeing in our market place.  Unlike the information you read in magazines or newspapers, which is about 3 months old by the time it hits print, this information is real time.   If you are looking for current statistics about your area please contact me for a market analysis at 480-466-2984. According to the Cromford Report regarding supply: April 16 - … [Read more...]

Phoenix / Scottsdale Market Statistics

Phoenix / Scottsdale Market Statistics According to the Cromford Report, as of April 13, 2015, the number of  non-distressed listings under contract currently stands like the chart below: You can see the Uber market has seen tremendous growth followed by the $400,000 - $800,000, which seems to be a preferred purchase point for a lot of snowbirds.   What's really interesting is the market under $150,000 which has only increased 5%.  This marks a reflection of our drop in investment … [Read more...]