A growing share of home buyers and sellers sat on the sidelines last year as the pace of home sales continued its downward trajectory.1 In fact, since the Federal Reserve began its series of interest rate hikes in 2022, the combination of higher borrowing costs and record-high home prices has fostered the steepest real estate […]
Scottsdale Real Estate Market
Quick Video Update of the Scottsdale Real Estate Market – December 2023
– December 2023 Scottsdale Housing Market Video – Here is a less than a minute video overview of the Scottsdale, Arizona single-family home real estate market that covers the month of December. December 2023 – Video Scottsdale Active Listings Inventory was back down at the end of December, closing out at 966 homes for sale, […]
Scottsdale AZ Single Family Home Sales – December 2023
– December 2023 Scottsdale Homes for Sale and Home Sales – December saw declines on all fronts this year. In some previous years, we have seen an uptick in sales as buyers who wanted a new home before the end of the year made it happen. However, we did not see that same trend this […]
Scottsdale AZ Luxury Home Market – November 2023
– Scottsdale Luxury Home Market Performance for November 2023 – November was a mixed bag in terms of sales and sales activities. Some price points saw increased sales and contract activity and others declined. But, as we saw last month, inventory was up or level in all price points. This report takes a look at […]
Why Mortgage Rates Could Continue To Decline
When you read about the housing market, you’ll probably come across some information about inflation or recent decisions made by the Federal Reserve (the Fed). But how do those two things impact you and your homebuying plans? Here’s what you need to know. The Federal Funds Rate Hikes Have Stalled One of the Fed’s primary goals is to lower inflation. […]
Phoenix and Scottsdale AZ Luxury Condo Sales – November 2023
Luxury Condo Sales in Scottsdale and Phoenix – November 2023 Scottsdale and Phoenix’s luxury condo slowed slightly in November, but we did see a nice increase in the number of units for sale and pending sales. To be included in this analysis, the condos need to have an asking price of $1 million or more. […]
Quick Video Update of the Scottsdale Real Estate Market – November 2023
– November 2023 Scottsdale Housing Market Video – Here is a one-minute video overview of the Scottsdale, Arizona real estate market that covers the month of November. November 2023 – Video Scottsdale Active Listings We closed out the month of November with 1,105 active listings. This is more or less level with October’s 1,106 […]
Scottsdale AZ Single Family Home Sales – November 2023
– November 2023 Scottsdale Homes for Sale and Home Sales – November was another quiet month for home sales activity in Scottsdale. Typically, this time of year is quiet and our November numbers were pretty similar to what we saw in December of 2022. SCOTTSDALE HOME SALES ACTIVITY – NOVEMBER 2023 In this report,we track […]
