Newsletter

Here's the news, listings, open houses, events and more!  Reach out if you have any specific questions!  Enjoy! Phoenix-Area Real Estate News  Here is our latest table of Cromford® Market Index values for the single-family markets in the 17 largest cities The market is weakening at a faster rate, with an average decline of 14.5% in the Cromford® Market Index for the 17 cities above. This is...

Hello, Happy Friday!  Here's the news, listings, open houses, events and more!  Reach out if you have any specific questions!  Enjoy! Phoenix-Area Real Estate News  All 17 cities have seen their CMI drop over the last month, meaning that power is quickly slipping away from sellers and moving towards buyers. The average CMI in the table has fallen by 13.4%, well above the 11.2% we measured two...

Hello, Happy Friday, the 13th!   Here's the news, listings, open houses, events and more!  Reach out if you have any specific questions!  Enjoy! Phoenix-Area Real Estate News  Back to the 80’s? Loan Assumptions, Rate Buy Downs, and Incentives More Choice for Buyers: Supply Up 22% in 10 Weeks For Buyers: The 4th quarter is here, and this is the best time of year to be a buyer in Greater...

Hello, Hope your October is going well!  Here's the news, listings, open houses, events and more!  Reach out if you have any specific questions!  Enjoy! Phoenix-Area Real Estate News  Here is our latest table of Cromford® Market Index values for the single-family markets in the 17 largest cities. This is the most dismal table for sellers Cromford has posted since November 10 last year. All...

Hello, Hope your Late September is going well!  Here's the news, listings, open houses, events and more!  Reach out if you have any specific questions!  Enjoy! Phoenix-Area Real Estate News  We still have 2 cities that moved in a direction favorable to sellers over the last month, Cave Creek and Tempe. However these 2 are only just positive and their change over the last 2 weeks is unfavorable...

Hello, Hope your Late September is going well!  Here's the news, listings, open houses, events and more!  Reach out if you have any specific questions!  Enjoy! Phoenix-Area Real Estate News  Here is our latest table of Cromford® Market Index values for the single-family markets in the 17 largest cities.  This week we have only 2 cities that moved in a direction favorable to sellers over the...

Hello, Hope your September is going well!  Here's the news, listings, open houses, events and more!  Reach out if you have any specific questions!  Enjoy! Phoenix Area Real Estate News  Once again this week, the same 4 cities that moved in a favorable to sellers direction, but the other 13 moved in a favorable to buyers direction. The downward trend accelerated since last week. The average CMI...

Here's all the Phoenix-area and Nationwide Real Estate News!  Have any specific questions?  Don't hesitate to reach out! The Phoenix Market This week we have 4 cities that moved in a direction favorable to sellers, up from 2 last week. Paradise Valley and Tempe are the new members of the green team. Even so, the trend downwards is slightly stronger than last week. The average CMI...

Fears of "higher for longer" interest rates helped send average 30-yr mortgage rates to a new, two-decade high of 7.49%. New home sales are holding up, but existing home sales have been fading on both affordability and availability issues. The Phoenix Market We've observed a decrease in the number of cities favoring sellers, with only 2 cities displaying such a trend now, as opposed to 3 last week....

Mortgage rates are about to set a new peak, and that's hitting affordability, inventory, transaction volumes and even builder confidence. This despite a halving of headline inflation over the last 10 months. When will the Fed quit playing 'chicken' with the economy?  Here's my Weekly Newsletter ! THE Phoenix Real Estate Market: Hyper-Local news and info from the Cromford Report.  Want something...