24 Hours that Suddenly Improved the Market

This year started strong for real estate, but then the market began to soften. Home inventory in the starter and move-up categories dwindled to almost nothing, mortgage rates were projected to rise, and home sales had decreased for several months in a row. To many, the outlook heading into 2019 appeared dim… at best. Then,

Why You Should Not For Sale By Owner

In today’s market, as home prices rise and a lack of inventory continues, some homeowners may consider trying to sell their homes on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons why this might not be a good idea for most sellers. Here are the top five reasons:

Change in Population Trends to come?

Change in Population Trends to come? Population growth may be affected by Sperm shortage. The sperm concentration in males in North America, Europe, Australia and New Zealand has declined between 52-59% between 1973 and 2011. The decline appears to be continuing.  The cause is unknown. There is speculation that it may be due to exposure

What will Our Future Cities look like?

What will Our Future Cities look like? Dubai has plans for its city to have a new “sci-fi” look by 2021. It will plans to being a sustainable city by 2020, have 25% of its building built by 3D printing, integrating passenger drones that can carry passengers to their public transportation system, 25% of transportation to

Local Market Update

The Phoenix Metropolitan area has hit a new high as of today of $152.01/SF for all property types in the metropolitan area. This is the first time since March 2008! In the Southeast Valley, Gilbert is leading the way with increased values, decreasing supply and days on market starting to decline again. Contrarily, Mesa has

Your AZ Real Estate Connection Update

LOCAL HOUSING TRENDS Realtor.com ranks housing areas nationwide. Phoenix was ranked #1 and Tuscon #9 in the 2017 housing markets. Market forecasts are based on affordability, affordable rental prices, low unemployment, and population. It is predicting the Phoenix area will see at 5.94% increase and Tuscon a 6.1% increase