Markets

Markets Market Summary for the Beginning of December 2025ut first…….. As the year comes to a close, I want to extend my deepest gratitude to every client I’ve had the privilege to serve— past, present, and future. Your trust in me is the greatest gift.  Merry Christmas and Happy New Year!  May your home be filled with love, laughter, and unforgettable moments this holiday season. […]
Buying Most Experts Are Not Worried About a Recession Homebuyers are watching the economy closely, and for good reason. Buying a home is one of the biggest purchases most people ever make. And some recession talk in the media has made a lot of would-be buyers second guess their plans. In the latest LendingTree survey, almost 2 in 3 Americans said they think a […]
Buying The Housing Market Is Turning a Corner Going into 2026 After several years of high mortgage rates and hesitation from buyers, momentum is quietly building beneath the surface of the housing market. Sellers are reappearing. Buyers are re-engaging. And for the first time in what feels like forever, there’s movement happening again. No, it’s not a surge. But it is a shift – and it’s […]
Markets Phoenix Mid Nov Market Update from Shawn 2025 As we approach the holiday season, I want to take a moment to express my gratitude to all of my clients—past, present, and future. Your trust and support mean the world to me, and it’s truly a privilege to assist you in making one of the most important decisions of your life. Wishing you and […]
Markets Market Summary for the Beginning of November 2025 Hello to all my fans!  Here we are well into the 4th quarter —where are things going? Here are the basics – the ARMLS numbers for November 1, 2025 compared with November 1, 2024 for all areas & types: Active Listings: 29,052 versus 24,127 last year – up 20% – and up 5.4% compared with 27,567 […]
Markets Market Summary for the Beginning of October 2025 “Downward pricing pressure is likely to persist through the end of the year unless interest rates experience a significant decline. There was a 2-week uptick in buyer traffic and sales in September, as rates came down to the 6% range for conventional loans and 5.5% for VA & FHA loans. Since then, the rates have […]
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 – […]
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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
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 […]
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, […]
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 […]
Markets Mid Jan 2024 Market Update For Buyers and Sellers, the good and the bad: Buyer’s season has begun and new listings for January are the strongest Greater Phoenix has seen since 2020. New listings waned in November and December, so this rebound is a refreshing start for buyers in 2025 as supply is rising and sellers continue to be open […]
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 […]
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. […]
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 […]