– January 2024 Scottsdale Homes for Sale and Home Sales – We are one month into 2024 and things are definitely changing in the Scottsdale real estate market! Inventory is up as are new contract totals. . SCOTTSDALE HOME SALES ACTIVITY – JANUARY 2024 Each month, we look at the following four items: – Single-family homes […]
Scottsdale AZ real estate
Scottsdale AZ Luxury Home Market – December 2023
– Scottsdale Luxury Home Market Performance for December 2023 – The year ended with another set of mixed results. Inventory was down across the board, but we do see this every year as some sellers take their homes off of the market for the holidays and many listing contracts expire at the end of the […]
2 Reasons Why Today’s Mortgage Rate Trend Is Good for Sellers
If you’ve been holding off on selling your house to make a move because you felt mortgage rates were too high, their recent downward trend is exciting news for you. Mortgage rates have descended since last October when they hit 7.79%. In fact, they’ve been below 7% for over a month now (see graph below): And while they’re not […]
Real Estate Market Forecast: Opportunities for Home Buyers and Sellers in 2024
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 […]
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, […]