Recent report from Think Realty suggests that home prices are likely to surge in areas of the South and Southwest.
Census data, for certain cities in the South and Southwest will likely see surging home prices to accompany surging population numbers. The nations fastest growing cities are mostly far ...View More
May 2017 inventory levels have stabilized, with May closings in most areas the highest since 2011.
Valley wide May closings were 8,138. With 15,584 homes currently active, this represents just under a 2 month supply of homes. Considering that in May 2011, sales represented mostly bank owned ...View More
The Scottsdale Area Association of Realtors (SAAR) recently released its monthly Market Data Report, which highlights the key metrics for residential real estate inventory,
Some important factors to consider about the current market conditions are as follows:
1. There is currently 2 months of inventory compared to 4 months ...View More
The June market report consists of 11 pages of graphs and statistics.
When I analyze these charts, there are several factors to which I pay special attention: