Today’s real estate market is one of the fastest-moving in recent memory. With record-low inventory in many market segments, we’re seeing multiple offers—and sometimes even bidding wars—for homes in the most sought-after neighborhoods. Scottsdale and Greater Phoenix are no exception. Many homes receive multiple offers and many homes are sold at or above asking price. […]
Resources
Should I Wait for Lower Mortgage Interest Rates?
Historically low mortgage rates are a big motivator for homebuyers right now. In 2020 alone, rates hit new record-lows 16 times, and the trend continued into the early part of this year. Many hopeful homebuyers are now wondering if they should put their plans on hold and wait for the lowest rates imaginable. However, the reality is, […]
New Year, New Home? Set Homeownership Goals Whether You’re Buying, Selling, or Staying Put
The start of a new year always compels people to take a fresh look at their goals, from health and career to relationships and finance. But with historically low mortgage rates, increased home sales and price growth, and a tight housing inventory, the time is right to also make some homeownership resolutions for 2021. Home […]
5 Tips for Homebuyers Who Want to Make a Competitive Offer
If you have been looking for a home in Scottsdale or anywhere in the Valley, you know that our inventory is at historical lows. Multiple offers and homes selling for over list price are common scenarios. Our local real estate market has incredibly high buyer interest and very low housing inventory. With so many buyers competing for a […]
Three Ways Low Inventory Is a Win for Scottsdale Sellers
If you have been following the news, you know that the Valley real estate market is incredibly hot right now. We have very low inventory, historically low interest rates and very high buyer demand. We are seeing this everywhere – Scottsdale, Paradise Valley, Peoria, Tempe, Phoenix and pretty much everywhere else! In the United States, […]
