Uncategorized Struggling To Sell Your House? Read This. When you sell your house, ideally, you want it to go something like this: your house sells for top dollar, you get it sold quickly, and it all goes down without a hitch. But what many people don’t realize is that even in today’s market where there are more buyers than homes for sale, there […]
Markets Predictions for 2025, What to Expect in Q1 for sellers and buyers Predictions for 2025, What to Expect in Q1 for sellers and buyers It’s a Buyer’s Market. Will Prices Drop? For Buyers: The buyer’s market in Greater Phoenix is still young at just over 5 weeks old but isn’t getting worse thanks to supply stabilizing over the past two weeks. For some, this scenario brings anticipation of […]
My Monthly Market Summary Phoenix Housing Market Update Dec 2024 Hello to all my readers.  Please feel free to call me for a no-obligation buyer or listing consultation.  Maybe you’re just curious about how much equity you have in your home.   I think you’ll be pleased! Market Summary for the Beginning of November Here are the basics – the ARMLS numbers for December 1, 2024 compared with […]
Mortgage Rates When Will Mortgage Rates Come Down? 12/2024 When Will Mortgage Rates Come Down? One of the biggest questions on everyone’s minds right now is: when will mortgage rates come down? After several years of rising rates and a lot of bouncing around in 2024, we’re all eager for some relief. While no one can project where rates will go with complete accuracy […]
Mortgage Rates What’s Behind Today’s Mortgage Rate Volatility? 11.20.24 What’s Behind Today’s Mortgage Rate Volatility? If you’ve been keeping an eye on mortgage rates lately, you might feel like you’re on a roller coaster ride. One day rates are up; the next they dip down a bit. So, what’s driving this constant change? Let’s dive into just a few of the major reasons why […]
Uncategorized More Homes, Slower Price Growth – What It Means for You as a Buyer More Homes, Slower Price Growth – What It Means for You as a Buyer There are more homes on the market right now than there have been in years – and that could be a game changer for you if you’re ready to buy. Let’s look at two reasons why. You Have More Options To […]
Uncategorized Q & A How Do Presidential Elections Impact The Housing Market
Selling Planning To Sell Your House in 2025? Start Prepping Now Planning To Sell Your House in 2025? Start Prepping Now If your goal is to sell your house in 2025, now’s the time to start prepping. Even though it might seem like there’s plenty of time between now and the new year, you should get a head start on any updates or repairs you want to make […]
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Mortgage Rates What To Expect from Mortgage Rates and Home Prices in 2025 What To Expect from Mortgage Rates and Home Prices in 2025 Curious about where the housing market is headed in 2025? The good news is that experts are offering some promising forecasts, especially when it comes to two key factors that directly affect your decisions: mortgage rates and home prices. Whether you’re thinking of buying or selling, here’s […]
Uncategorized Secrets To Selling Your House Quickly Secrets To Selling Your House Quickly Seeing your house sit on the market without any bites is the ultimate frustration. And unfortunately, some sellers are in that tricky spot today. According to data from the National Association of Realtors (NAR), the average time a house spends on the market has increased over the past few years (see graph below): A recent post from Realtor.com notes […]
Markets Home Values Rise Even as Median Prices Fall Oct 2024 Home Values Rise Even as Median Prices Fall Recent headlines have been buzzing about the median asking price of homes dropping compared to last year, and that’s sparked plenty of confusion. And as a buyer or seller, it’s easy to assume that means prices are coming down. But here’s the catch: those numbers don’t tell the full story. […]
Uncategorized Don’t Fall for These Real Estate Agent Myths Don’t Fall for These Real Estate Agent Myths When it’s time to buy or sell a home, one of the most important decisions you’ll make is who you’ll work with as your agent. That choice will have an impact on your entire experience and how smoothly it goes. As you figure out who you’ll partner with, it’s important to know […]
My Monthly Market Summary Greater Phoenix Housing Market Update from Shawn with Coldwell Banker Realty Good evening, As I stated in my mid-September update, I was seeing buyer traffic pick up, and wow, the September numbers certainly reflect that! What an improvement in under-contract/pending sales, best seen in the last five months! Read below for more info….. Market Summary for the Beginning of October Here are the basics – the ARMLS […]
Mortgage Rates Mortgage Rates Drop to Lowest Level in over a Year and a Half Mortgage Rates Drop to Lowest Level in over a Year and a Half Mortgage rates have hit their lowest point in over a year and a half. And that’s big news if you’ve been sitting on the homebuying sidelines waiting for this moment. Even a small decline in rates could help you get a better monthly […]
Mortgage Rates Falling Mortgage Rates Are Bringing Buyers Back Sept 2024 Falling Mortgage Rates Are Bringing Buyers Back If you’ve been hesitant to list your house because you’re worried no one’s buying, here’s your sign it may be time to talk with an agent. After months of high rates keeping buyers on the sidelines, things are starting to shift. Rates are already coming down due to a number […]
My Monthly Market Summary Market Summary for the Beginning of September 2024 Market Summary for the Beginning of September Here are the basics – the ARMLS numbers for September 1, 2024 compared with September 1, 2023 for all areas & types: Active Listings : 18,430 versus 11,969 last year – up 54% – and up 5.5% from 17,474 last month Under Contract Listings : 6,658 versus 7,111 last […]
Markets Hello from Shawn; where will things be in a year Hello from Shawn; where will things be in a year I would love to hear your thoughts….. You can click below to see what others say about how the 2025 housing market may look like. My thoughts and some statistical facts: As long as the economy can maintain jobs and interest rates continue their downward projection, the housing market should continue to support these levels and likely […]
Markets 2025 Housing Market Forecasts: What To Expect 2025 Housing Market Forecasts: What To Expect Looking ahead to 2025, it’s important to know what experts are projecting for the housing market. And whether you’re thinking of buying or selling a home next year, having a clear picture of what they’re calling for can help you make the best possible decision for your homeownership plans. Here’s an early […]
Markets Are We Heading into a Balanced Market? Are We Heading into a Balanced Market? If you’ve been keeping an eye on the housing market over the past couple of years, you know sellers have had the upper hand. But is that going to shift now that inventory is growing? Here’s a breakdown of what you need to know. What Is a Balanced Market? A […]
Mortgage Rates How the Economy Impacts Mortgage Rates How the Economy Impacts Mortgage Rates As someone who’s thinking about buying or selling a home, you’re probably paying close attention to mortgage rates – and wondering what’s ahead. One thing that can affect mortgage rates is the Federal Funds Rate, which influences how much it costs banks to borrow money from each other. While the Federal Reserve (the Fed) doesn’t directly […]