Buying History Shows the Housing Market Always Recovers Sept 2025 History Shows the Housing Market Always Recovers Now that the market is slowing down, homeowners who haven’t sold at the price they were hoping for are increasingly pulling their homes off the market. According to the latest data from Realtor.com, the number of homeowners taking their homes off the market is up 38% since the […]
Buying Market Summary for the Beginning of August 2025 Hello to all my fans….. Here are the basics – the ARMLS numbers for September 1, 2025 compared with September 1, 2024 for all areas & types: Active Listings: 23,238 versus 18,430 last year – up 28% – but down 2.2% from 24,091 last month Under Contract Listings (including Pending): 7,260 versus 6,658 last year – […]
Buying Selling and Buying at the Same Time? Here’s What You Need To Know If you’re a homeowner planning to move, you’re probably wondering what the process is going to look like and what you should tackle first: Is it better to start by finding your next home? Or should you sell your current house before you go out looking? Ultimately, what’s right for you depends on a lot […]
Selling The 3 Things You Risk by Pricing Too High 8.2025 The 3 Things You Risk by Pricing Too High When selling your house, the price you choose isn’t just a number, it’s a strategy. And in today’s market, that strategy needs to be sharp. The number of homes for sale is climbing. And that means buyers have more choices and can be more selective. If […]
My Monthly Market Summary Market Summary for the Beginning of August 2025 Here are the basics – the ARMLS numbers for August 1, 2025 compared with August 1, 2024 for all areas & types: Active Listings: 24,091 versus 17,484 last year – up 38% – but down 6.2% from 25,683 last month Under Contract Listings (including Pending) 7,369 versus 7,287 last year – up 1.1% – but down […]
Buying What You Should Know About Getting a Mortgage Today 2025   If you’ve been putting off buying a home because you thought getting approved would be too hard, know this: qualifying for a mortgage is starting to get a bit more achievable, but lending standards are still strong.   Continue Reading
Buying Think No One’s Buying Homes Right Now? Think Again. 2025 July   If you’ve seen headlines saying home sales are down compared to last year, you might be thinking – is it even a good time to sell?   Continue Reading
My Monthly Market Summary July Phoenix Housing Market Update 2025 Market Summary for the Beginning of July Here are the basics – the ARMLS numbers for July 1, 2025 compared with July 1, 2024 for all areas & types: Active Listings: 25,683 versus 18,121 last year – up 42% – but down 3.4% from 26,580 last month Under Contract Listings: 7,702 versus 7,402 last year – […]
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Markets Phoenix Housing Market Report for May 1, 2025 Our markets have taken a downturn, and I expect downward pressure to persist at least through the 4th quarter. This, however, presents a great opportunity for homebuyers who have been waiting for more favorable terms and better pricing. As the economy slows, interest rates should ease, providing further benefits for homebuyers. Now is the time […]
Markets Phoenix Housing Market Update May 1, 2025 Our markets have taken a downturn, and I expect downward pressure to persist at least through the 4th quarter. This, however, presents a great opportunity for homebuyers who have been waiting for more favorable terms and better pricing. As the economy slows, interest rates should ease, providing further benefits for homebuyers. Now is the time […]
My Monthly Market Summary Market Summary for the Beginning of April 2025 Here are the basics – the ARMLS numbers for April 1, 2025 compared with April 1, 2024 for all areas & types: Active Listings: 24,990 versus 17,025 last year – up 47% – and up 4.4% from 23,934 last month Pending Listings: 5,278 versus 5,185 last year – up 1.8% – and up 5% from 5,028 […]
Buying It’s a Buyer’s Market. Why aren’t prices crashing? 3-17-2025 It’s a Buyer’s Market. Why aren’t prices crashing? Could Economic Uncertainty Help the Housing Market? For Buyers Phoenix has been in a buyer’s market for 3 out of the last 4 months, and it’s continuing into March as of this writing. Some buyers may be surprised to see price measures aren’t showing a decline yet, […]
My Monthly Market Summary Market Summary for the Beginning of March 2025 Here are the basics – the ARMLS numbers for March 1, 2025 compared with March 1, 2024 for all areas & types: Active Listings: 23,934 versus 16,568 last year – up 44% – and up 6.7% from 22,432 last month Under Contract Listings: 8,471 versus 8,693 last year – down 2.6% – but up 14% from […]
Uncategorized Is an Accessory Dwelling Unit Right for You? Here’s What To Know Are you having a hard time finding the right home in your budget? Or maybe you already own a home but could use some extra income or a designated space for aging loved ones. Either way, accessory dwelling units (ADUs) could be the smart solution you’ve been looking for in today’s market. What Is an […]
Buying How To Buy a Home Without Waiting for Lower Rates 2025 Feb Many people are hoping mortgage rates will come down before they buy a home. But will that actually happen? According to the latest forecasts, experts say rates will decline, but not by as much as a lot of people want. The good news? Even if they don’t drop substantially, there are still ways to make […]
Selling Are You Asking Yourself These Questions About Selling Your House? Some homeowners hesitate to sell because they’ve got unanswered questions that hold them back. But a lot of times their concerns are based on misconceptions, not facts. And if they’d just talk to an agent about it, they’d see these doubts aren’t necessarily a hurdle at all. If uncertainty is keeping you from making a […]
Markets Feb mid-month market update 2-2025 Fact Check February – Don’t Fall In Love With These 7 Narratives on Housing   There is no online shortage of armchair quarterbacks when it comes to prognostications on the future of home values and affordability. However, there are narratives that some people, and journalists, stubbornly hold to that are simply outdated or incorrect. Many […]
Selling A Record Percent of Buyers Are Planning To Move in 2025 This could be the year to sell your house – and here’s why. According to a recent NerdWallet survey, 15% of people are planning to buy a home this year. That’s actually a record high for this survey (see graph below): Here’s why this is such a big deal. The percentage has been hovering between 9-11% since 2020. This recent […]
My Monthly Market Summary Market Summary for the Beginning of February 2025 Market Summary for the Beginning of February Hello… Here are the basics – the ARMLS numbers for February 1, 2025 compared with February 1, 2024 for all areas & types: Active Listings: 22,432 versus 15,574 last year – up 44% – and up 12.1% from 20,007 last month Under Contract Listings: 7,403 versus 7,423 last year […]
Buying 3 Reasons To Buy a Home Before Spring 3 Reasons To Buy a Home Before Spring Let’s face it — buying a home can feel like a challenge with today’s mortgage rates. You might even be thinking, “Should I just wait until spring when more homes hit the market and rates might be lower?” But here’s the thing, no one knows for sure […]