metro-Phoenix Housing Market Shift

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

Your Home as an Investment

House on Money

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

Rentals – What Next?

Fo Rent Sign Rider

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

Is the metro-Phoenix Housing Market a Bubble?

Market Chart - Sharp Drop

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

72Sold – OpenDoor – Other iBuyers … Scams or Legit?

What to do? You have a job offer in a distant city and need to get youself and your family moved there fast … You are really concerned about COVID-19 being spread throughout your home by “Lookers” … You really do not like the ongoing inconveniences of the typical listing-sale process. Is an iBuyer service the solution?