Market Report

Market Summary for the Beginning of July from The Cromford Report In last month’s summary we suggested that sales prices were in danger of getting ahead of themselves, and this proved to be a timely comment. In fact average and median prices recorded b

Here’s the latest data for Phoenix Housing brought to us by The Cromford Report. As forecast a month ago, average and median prices are easing up as we head into late June with the average $/SF for monthly sales across all areas and types at the same l

“For people who have been waiting to time their home purchases close to the market bottom, it’s time to start shopping,” said Dr. Stan Humphries, Chief Economist at Zillow on April 25. Realtor.com named Phoenix the #1 top turnaround town for making the

We start off this Spring with some of the largest improvements to home values in the Phoenix metro area in years. A huge inflow of investor purchase activity and attractive ROI rates, record affordability for owner occupant buyers, an improving local e

Robert Shiller, co-creator of the S&P/Case-Shiller index of property values in 20 U.S. cities, talks about the U.S. housing market and seasonal patterns affecting prices. The S&P/Case-Shiller index fell 4 percent in December, more than forecast

I see a light at the end of the tunnel, it’s bright and fast approaching. We are now entering into prime home buying season for Phoenix, and things are looking busier than ever.  The latest data and report from  Mike Orr of ASU’s Center for Real Estate