Time for our next Market Update. No secret... we are still in a hardcore Seller's Market. This Month's Market Question: Is it just the lower price points that are seeing multiple offers and considered the "Seller's Market"? Answer: Nope, not all. In fact, the Luxury Home Market has seen a very large surge in recent months. Now "luxury" means different things to different people. Continue Reading
Jan 2021 Market Update
The start of 2021 is continuing in the same path as the previous year. Very low inventory of homes is keeping us in that Seller's Market. Instead of going into the same details, this month I want to answer a question that I have been repeatedly hearing over the last few months: "Why is the Days on Market still in the upper 20's when we are seeing homes go under contract in just a Continue Reading
November 2020 Market Stats & Buyer Trends
As we come into the final month of 2020 our market remains very much as it has all year long. We have less homes available for sale then we did in 2019 yet we are selling more homes. The demand for homes is high and the supply low, which means we sit in that Seller's Market. With our supply remaining low, the prediction is that 2021 will look very much like 2020 as far as the local Continue Reading
Market Update – September 2020
Updated Market Stats for September 2020. Stats are showing us more of the same. We sit at or around a 1-month supply of homes which is extremely low, keeping us in that "Seller's Market". Trends I'm seeing being out and active in the field: Sellers - Pool homes and those with updated interiors are still going the quickest. This doesn't mean you need to remodel Continue Reading
How to Win a Bidding War
Many home buyers in this market are finding themselves smack in the middle of Bidding Wars. Often times Buyers are losing a few (or more) bids before they get the winning bid. So, what type of offers are winning? What can you do to help get the winning offer? Here are just a few tips to making a good offer. 1. Make a Solid Offer! This is not the time to lowball an offer. Continue Reading
June 2020 Market Update
New Look - Same Great Info - It's time for another Market Update! The stats are showing us that our market is remaining healthy. The homes that are being listed for sale, are selling, and quickly. With most main cities having a 1-2 month inventory of homes, I don't foresee this changing in the very near future. The Take-aways: Sellers: If you were on the Continue Reading
May 2020 Market Update
It’s time for another market update! And not a whole lot has changed. We are still sitting with a very low inventory of homes. Now I know what you are thinking. But Stacey, we sold way less homes this year in May vs May 2019. And you would be correct. However, we had way less homes available to be sold this year than we did last year at the same time (yes that would be due to The Continue Reading
Tips to Help You Start Working From Home
Working from home can be a challenge, especially when you’re not used to it. There are a lot of distractions that can interfere with your work, sometimes causing you to get so off track that you end up behind on important tasks. While many consider working from home to be a great perk, if you’ve never worked from home before then you might be surprised at just how stressful it can Continue Reading
Market Update – Jan 2020 Final Numbers
The housing market remains strong here in the East Valley at the start of 2020. We are not quite into home buying/selling season yet but our inventory is still very low (averaging less than 2 months in most areas), keeping us in a "Seller's Market". What does this mean for you? Buyers: It doesn't mean that it's not a good time to buy. But it does mean you need to be prepared Continue Reading
Something You Should Know Before Looking At A New Construction Model Home
Picture yourself out for a drive one weekend. You see a sign that says: New Construction Homes! Models Starting At $XXX,XXX Next Right! Maybe you’re actively looking for a house, or maybe it’s just a spur of the moment urge, but you follow the signs to the model home. You park. You walk into the model home. The builder’s sales rep asks you to please sign in. You sign Continue Reading
