For October 10, 2022 For Sellers: We are coming into our selling season in Oct-May.  The best time to sell is before the holidays because most sellers wait until after the holidays, so there is less competition at this time.  December has always been a good selling month for me. Most sellers don't l

For Sellers: The latest spike in interest rates has resulted in a drastic drop in contract activity, down 14% in the last two weeks. Over the last six months, the housing market has shifted from a frenzy to a more balanced market. Until rates drop, sellers need to be realistic about their list price

Seller Paid Closing Cost Is Back! Sellers are willing to pay for an interest rate buydown or part/all buyer's closing cost.   This is good news for buyers. Buyers have more time to decide and more houses to choose from with the average time on the market of 21-65 days.  Some properties are still clo

Wondering what is going on in the Phoenix Real Estate Market? These stats are using the data from the MLS System and are for the complete valley. If you are wanting stats for a specific area, please let me know and I would be happy to supply them to you for free.