Market Report

Good news…we are seeing prices moving up rapidly across much of the lower price ranges in our market while mid range prices are seeing a fair amount of stabilization. Bad news…the strong upward moving pricing is due to many months of a declining su

No…that image is not a graph of plummeting home prices, it’s portraying what we’ve seen happen to our supply of homes over the last year, with levels down to shortages not seen since the boom in 2005.  Extreme shortages like this with high levels of

Those latest numbers can’t be right….Phoenix is supposed to be one of the worst real estate markets in the country right now with no end in sight. The average price per square foot is now 1.4% higher than it was 12 months ago for Maricopa County as a

The latest market data for Phoenix from The Cromford Report shows more encouraging news, with inventory down, sales and demand up, foreclosures down, and pricing making the most positive move seen for at least 15 months. average active listing $/SF – u

Phoenix has seen some volatile changes in the local real estate market over the last 10 years.  There are plenty of national media reports floating around about the real estate market continuing it’s decline with no relief in sight.  Real estate can be

The latest data from The Cromford Report just released shows sales volume dropping in September, but still up 17% over last year with a total of 7,832 homes sold this year.  Supply levels are holding steady for the first time since December 2010, up 0.