General Market Updates

Aug. 1, 2019

Phoenix Facing Affordable Housing Crisis?

Is Phoenix facing a potential affordable housing crisis?

PHOENIX (FOX 10)

Many new high-rises have changed the Phoenix skyline over the years, and there are even more in the works.

As developers continue to build up, however, many people are seeing their rent go up as well.

According to a ...

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July 11, 2019

VA Loans: What are they?

Everything America’s military veterans need to know

By Sonny Shrivastava

Homes for veteransThe process of qualifying for a mortgage and buying a house is complicated enough. What's this VA loan thing? If you know the basics and find a lender who’s knowledgeable, it can be the greatest thing since sliced bread ...

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May 24, 2019

Buckeye Real Estate on Fire

Buckeye fastest growing city in U.S.

By City of Buckeye

Buckeye fastest growing city in U.S.Buckeye, Arizona is now listed as the number one fastest growing city in the country according to the U.S. Census Bureau. The list of the 15 fastest growing cities by percentage in the U.S. with populations of ...

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April 11, 2019

FHA Tightens Underwriting Guidelines

FHA's tightened underwriting standards impact banks’ profitability

by Candyd Mendoza

FHA loans tighteningFollowing the news of the Federal Housing Administration subjecting mortgage underwriting to a more intensive manual underwriting process, banks have started to pull back and will continue if yields continue to drop, according to a new study.

A Federal ...

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March 11, 2019

Valley a Seller's Market

Most housing markets shifting in favor of buyers, but Phoenix bucks trend

From KTAR.COM

Pixabay Photo(MARCH 11, 2019) PHOENIX — Conditions for homebuyers are looking up in most of the nation’s housing markets, according to a real estate website, but Phoenix is bucking the trend.

“Nationwide and in most of ...

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Aug. 8, 2018

Will the Housing Market Crash?

By Sonny Shrivastava

Yes, the housing market will crash. Eventually. If I had a nickel for every time someone asked me this question I'd be retired by now. If I had a crystal ball with which to answer that question I'd be the richest man in the world ...

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Aug. 4, 2018

Buckeye 5th Fastest Growing City

By Sonny Shrivastava

Sienna Hills Community in BuckeyeBuckeye, Arizona is now the fifth fastest growing city in the country according to the U.S. Census Bureau. The 2017 list of the 15 fastest growing cities in the U.S. with populations of over 50,000 was released today. 

Buckeye was the only Arizona ...

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March 16, 2018

It's a Seller's Market!

By Sonny Shrivastava

Cromford Associates, publishers of the famed Cromford Report, has released its year-over-year market update. There is much for sellers to celebrate! Here are the key, valley-wide data points versus a year ago:

  • Inventory is down 14.2%
  • Median sales price is up almost 9%
  • Closed sales are ...
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July 31, 2017

Curious About Local Real Estate?

Receive the Latest Local Market Stats

Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood ...

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