The USA has a housing shortage. Metro-Phoenix has a housing crisis. Perhaps there is no stronger indication of the true nature of a situation than the innovation and novelty in the approaches to managing that situation. Consider the following in evaluating the nature of the metro-Phoenix housing market. Ida on McKinley … Six stories … Continued
Intimidating as it may be, looking back decades later, buying your first home will likely be your most-satisfying decision.
An Arizona Republic article July 18 seemed almost giddy in anticipation of soon getting to a “balanced” market. The headline: Good News, homebuyers: Housing market shift is coming Of course, the metro-phoenix housing market is nowhere near “balanced” and the stats are more “hints” than “trends”, but there’s hope. A softening of the local housing … Continued
This post is NOT about Rent verses Buy … it’s about Investment … and the factors that determine how good, or not good, the investment in your home really is. Face it, “home” is an asset that you own – or may buy – for which future value is a very important issue. Plus, taking … Continued
Both rental costs and sale prices in metro-Phoenix have increased shockingly over the last year. From September through February, the median rent increase percent was not as great as for sales prices, but with a super-tight for-sale inventory, the demand for rentals will likely drive that median even more strongly. The California migrants can afford … Continued
Price appreciation over last year was higher than in bubble years 2004 to 2006 … and it’s currently rapidly increasing. Is the metro-Phoenix housing market “real”? Are the trends sustainable? As a base point for the answer, the current metro-Phoenix Housing Market status is clearly illustrated here. Where is the current market compared to its … Continued
What to do? You have a job offer in a distant city and need to get youself and your family moved there fast … or … You are really concerned about COVID being spread throughout your home by “Lookers” … or … You really don’t like the ongoing inconveniences of the typical listing-sale process. Are services of iBuyers worth considering?
Covid-19 is nearly irrelevant – Buyers and Tenants need a place to live and homes availabe are scarce. They mask-up & keep shopping!
Housing market shifts and trends – barge-like normally – speedboat nimbleness lately. Where will it veer with raging return of covid-19?