Real Estate News
Stay up to date with Real Estate News, market changes & more...
Top of the market? TIME will tell….
Why Phoenix—of All Places—Has the Fastest Growing Home Prices in the U.S. BY BELINDA LUSCOMBE MAY 3, 2022 1:30 PM EDT For 33 months now, Phoenix,
7/29 Market Update
Real estate continues to normalize and shift from an extreme seller’s market to a less extreme seller’s market. Both the leading and lagging real estate
Hope For Lydia Blood Drive and GoFundMe
This just arrived in my email from Gilbert Public Schools… help us continue to support this local family. ~ ~ ~ ~ ~ ~ ~
Hottest Seller Market. Ever.
…we have learned that real estate is cyclical. Nothing lasts forever – although at times it sure can feel that way! That brings us to the seller’s market we’ve been in since 2015.
2/23 Market Update Low-interest rates keep housing demand high while available supply continues to dwindle. Today’s market is tough on buyers yet it is still
Home Prices in 2030 – Here’s what you can expect
Here’s what you can expect house prices to be in 2030 Yours to Count On, Erika Madsen My Home Group Real Estate Ask Erika
Moving to AZ? Where are people coming from?
Yours to Count On, Erika Madsen My Home Group Real Estate Ask Erika ~ Our Trademark is Communication 602.849.6576 – Direct/Text AskErikaM.com #AskErikaM #20PlusYears #3rdGeneration #OldFashionedCare #HighTechService
Median Sales Price Up 18%, Inventory Down 61%
Median Sales Price Up 18%, Inventory Down 61%: Luxury Sales Over $3M up 140%. For Buyers: Yes, it’s still a good time to buy. Is
Greater Phoenix Market Update
Yours to Count On, Erika Madsen My Home Group Real Estate Ask Erika ~ Our Trademark is Communication 602.849.6576 – Direct/Text AskErikaM.com #AskErikaM #20PlusYears #3rdGeneration #OldFashionedCare #HighTechService
My Home Group Brokerage Stats
Yours to Count On, Erika Madsen My Home Group Real Estate Ask Erika ~ Our Trademark is Communication 602.849.6576 – Direct/Text AskErikaM.com #AskErikaM #20PlusYears #3rdGeneration #OldFashionedCare #HighTechService
Existing home sales see highest level since 2006
Existing home sales rose in December, with home sales in 2020 reaching their highest level since 2006, according to the National Association of Realtors®. Activity
1/26/21 Market Update
Are we going to run out of houses to sell? Are we going to have a foreclosure crisis? What about all of the looming evictions?
Update on Superstition Vistas Parcel
DR Horton Buys First Chunk of Superstition Vistas Parcel for $245.5m The planned Superstition Vistas area is larger than Mesa, Tempe, Gilbert, and most of Chandler
12/18 Market Update
12/18 Market Update Unsurprisingly, the US housing market will finish out the year as the best performing sector in our entire economy. It is good
12/11 Market Update
This week’s update is all about the AZ Market Employment: The national unemployment rate through November is 6.7%. The Arizona unemployment rate through November is
8.9 Million People Relocated Since the Beginning of the Pandemic
2020 will go down in history for a pandemic that changed the world. No one would ever have imagined last year that we would stay
12/4 Market Update
12/4 Market Update Economists, government officials, and health professionals are preparing for a rough winter and then a very promising spring/summer. What does that mean
The AZ Market ~ 11/23 Market Update
11/23 Market Update To say that these are times are weird would be an understatement we have confusing elections, a worldwide pandemic, high unemployment, and
RENT VS. BUY: HOW TO DECIDE WHAT’S BEST FOR YOU
RENT VS. BUY: HOW TO DECIDE WHAT’S BEST FOR YOU According to the U.S. Census Bureau, median rent continues to rise. With today’s low mortgage rates, there’s great opportunity for
WHY THE 2021 FORECAST DOESN’T CALL FOR A FORECLOSURE CRISIS
WHY THE 2021 FORECAST DOESN’T CALL FOR A FORECLOSURE CRISIS As the current forbearance mortgage relief options come to an end, many are wondering if we’ll face
11/11 Market Update: 1,000 Foot View, the AZ market.
In WalletHub’s recent survey, Arizona has 4 of the cities that bounced back the fastest. Gilbert at 11th place, Peoria 18th, Scottsdale 19th and Chandler
7245 E. Forge Cir ~ Now SOLD
Listed for $370,000, Seller’s accepted an offer for $380,000 ~ after inspections and appraisal final sales price was $372,000 is now SOLD! Amazing
Homebuilder to pay $245.5M for state trust land south of Apache Junction
A state land auction near some of the most lucrative residential real estate in the region opened Wednesday with the lowest possible legal price and only
10/29/20 Market Update
During recessions housing always does well, except when the recession is caused by housing. Despite external pressure, Real Estate continues to amaze economists and industry
Arizona Adds $7 Million to Housing and Rental Assistance
TUCSON, Ariz. — Renters and landlords in Arizona now have access to more resources to get them through financial hardships caused by the COVID-19 pandemic.
Warp Speed Market
Talking about the 2020 real estate market causes even seasoned agents who survived 2005 to run up to shake their heads. This is truly a year
10/20/20 Market Update
Residential real estate is outperforming the rest of the economy. The strong market going into the pandemic combined with historic low interest rates enabled to
Inventory Climbing
If you’ve been watching “active” inventory you know what this means. This is a significant (+11%) increase in inventory from the 8,200 homes we’ve been
9722 E. Olla Ave ~ Now SOLD
Listed for $400,000, Seller’s accepted an offer for $420,000 ~ Home Appraised and is now SOLD! Popular Brady floor plan with one of the biggest
10/7/20 Market Update
10/7 Market Update Our economic recovery is complicated and Q4 2020 will be a continuation of the complication. We expect we will see more of
10/1/20 Market Update
As we approach the 4th quarter new and/or updated projections for the coming year are emerging. Politics aside, nothing about 2020 has been predictable; economists and
9/24/20 Market Update
Let’s start with seemingly the most talked about topic right now, forbearance. Forbearance: Mortgages in forbearance dropped to 7.01% last week from 7.16% putting roughly
The Market Frenzy Continues. For Now.
The effect the pandemic has had on the real estate market has been surprising to say the least. Most homeowners are quite shocked when we
9/16/20 Market Update
The intensity of today’s market is somewhat reflective of the 2005 housing market giving many people 2008 PTSD. Although the market may feel similar, in
8/19/20 Market Update
The lens we use to interpret data matters, especially how closely we look at the info. Real estate is national and hyper-local at the same
8/11/20 Market Update
We know a lot more now than we did five months ago but a great deal remains to be seen and so much is still
Crazy Times Continue: Mortgage Rates Trail Lower
A lot has happened this week for mortgage rates, the economy and jobs. Below I have summarized the week hoping to give you a glimpse
Interest Rates
Some Highlights Mortgage rates hit another all-time low, falling below 3% this week. If you’re ready to buy a home, now is a great time to
8/6 Market Update
Realtors, lenders, buyers, and sellers are exhausted. The Spring and Summer home selling season has been crammed into two months. Not to mention the worldwide
7/28/20 – Market Update
There is definitely some irony in the fact that real estate caused the Great Recession and only 10 years later real estate is driving our
A Roadmap for Cashless Spending
When peer-to-peer payment (P2P) apps and mobile wallets make it so easy to spend cash in a flash, it’s good to have a roadmap you
Top 10 States that have moved to the Valley
TOP 10 STATES THAT MOVED TO THE VALLEY California 4,762 Washington 1,722 Colorado 1,292 Illinois 1,167 Minnesota 774 ☃️Oregon 616 Texas 591 🤠Wisconsin 443 Utah 388 🥶Michigan 366 ️ (only included individuals and couples
Join Us in Ellsworth Corridor
[showcaseidx_hotsheet name=”Ellsworth Corridor ~ Search for Homes”]
Ask Erika Madsen ~ How Can We Help You?
JOIN US in Ellsworth Corridor & in the Facebook Group Why House Prices Won’t Fall in 2020 Despite the Covid-19 Chaos Dr. Lawrence Yun,
Decide to DECIDE ~ LAUNCH of my Real Estate Career
March 1996 Chapter/LAUNCH of my Real Estate Career Decide to DECIDE What made me want to get into real estate? Good question. Well,
DESIRE Drives Me Forward
Spring 2001 Chapter/GROWTH of my Real Estate Career DESIRE Drives Me Forward Become SYSTEMS Based & Market Consistently Okay, so let’s go through my
Distress Years Require Systems to HELP Homeowners
August 2006 Chapter/Distress Years Require Systems to HELP Homeowners Short Sales ~ Foreclosures ~ REO Okay, so it’s August, 2006 we have a new baby on
DESIRE a Fresh Start, What We Learned From a Cross-Country Move
April 2010 Chapter/DESIRE a Fresh Start Now, I’m making some decisions on what we were going to do as the real estate market here in
DECIDE to Help Other Agents LAUNCH Their Careers
March 2015 Chapter/GROWTH of my Real Estate Career DECIDE to Help Other Agents LAUNCH Their Careers ~ Solutions Real Estate Years Mentoring ~ Helping
85209 ~ State of the Market for March 2020
April 7th, 2020 Even with all of the news about Corona Virus March held strong with closings of homes. We still have limited inventory in some
85212 ~ State of the Market for March 2020
April 7th, 2020 Even with all of the news about Corona Virus March held strong with closings of homes. We still have limited inventory in some
Show us your QB ~ Quarantine Buddies!!
Show us your QB ~ Quarantine Buddies!! We’ll be collecting submissions until Friday, April 10th. Once I close this out I will be providing several
Open. Honest. Answers.
Open. Honest. Answers. ❤🏡💰💳❤📜 Please make good choices for YOUR future! I’m coming from a good place in my 💞 saying this outloud… <if you know me,
How we are helping during COVID-19
Call me when YOU are ready! We will have a “new normal” soon! Life will have to go on, people will have to work and people
Realtors labeled “essential workers”
❤️This message is to my non-realtor friends. ❤️ Based on what you see on TV, you may believe Realtors are concerned because they can’t sell homes
Look for the Helpers!
PLEASE Tell us, SHARE, Tag and Promote the HELPERS in our Community!! I am planning to bring a new update as often as possible of #HappyNews Daily,
Phoenix Metro Sales
For Buyers: Not even the COVID-19 coronavirus can slow down the Greater Phoenix housing market. For every 100 active listings in the Arizona Regional MLS
Property Tax Evaluations
Property Tax Evaluations have recently arrived if you are a homeowner. 📈 🗝 💲 🗝 📈 🗝 💲 🗝 Take time to look at it and make sure your classification is correct.
Who will help you on your #Homeownership journey?
Who will help you on your #Homeownership journey? Are they ready to LISTEN?? Would you like to spend some time strategizing a plan that’s crafted just
Ellsworth Corridor ~ Connecting Neighbors!
JOIN US here!! << Just click the link and JOIN the Group with your neighbors! Share any news or insights you have!! Yours to Count
85209 ~ State of the Market for Feb 2020
March 5th, 2020 I am watching movement closely as we enter the beginning of our Spring market – things are still strong in this pocket
85212 ~ State of the Market for Feb 2020
March 5th, 2020 As we enter the Spring market home sales in 85212 are still strong. Some listings in our East Mesa area are lingering a
NOW is the time ~ not later, NOW.
March 4th, 2020 NOW is the time ~ not later, NOW – interest rates are at an all-time LOW here’s why.. 📈 🗝 📊 🗝 📈 https://www.facebook.com/AskErikaM/videos/525210345039257/ Also
Fed makes emergency rate cut
March 4th, 2020 Federal Reserve makes emergency rate cut amid coronavirus fears See what I shared with our clients today about how this news could
What does the Fed rate cut mean to you?
March 03, 2020 From Ted Canto one of our preferred Lenders: Corona Virus, Feds Cut Rate and You If you or anyone you know
Working with a Local Real Estate Professional Makes ALL the Difference
Working with a Local Real Estate Professional Makes ALL the Difference Yours to Count On, Erika Madsen My Home Group Real Estate Ask Erika ~
Nurse and Chef lose $774,631 in Escrow Scam
Nurse and Chef lose $774,631 in Escrow Scam Author: Richard Allyn (Reporter) Published: 10:08 PM PST February 21, 2020 Updated: 10:56 PM PST February 21, 2020 CARLSBAD,
Home Sellers NEEDED!!
Sellers Needed!! We NEED your house ~ Kindly GET OUT!! The market is on the cusp of the “spring buying season” and early prognostications are
Phoenix average rent registers the largest increase in the U.S.
Phoenix average rent registers the largest increase in the U.S. It’s getting WILD out there! With interest rates soooo low in a lot of cases
Greater Phoenix Supply Outlook
The supply situation is going from dire to horrid from a buyer’s perspective. January 26 – The supply situation is going from dire to horrid from
Wire Fraud ~ Protecting You & Your Money
Wire Fraud ~ Protecting You & Your Money Yours to Count On, Erika Madsen My Home Group Real Estate Ask Erika ~ Our Trademark is
From California to Arizona
Home Sales Outlook The second most popular state-to-state move in the nation is from California to Arizona (California to Texas is No. 1), according to
2020 Market Fast Facts
Yours to Count On, Erika Madsen My Home Group Real Estate Ask Erika ~ Our Trademark is Communication 602.849.6576 – Direct/Text AskErikaM.com #AskErika #20PlusYears #3rdGeneration #OldFashionedCare #HighTechService
Are You Waiting for House Prices to Drop?
It’s unclear when the next recession will come. But a recent report argues that when it does the U.S. housing market is unlikely to adversely affected in
Down Payment Myths Debunked
Yours to Count On, Erika Madsen My Home Group Real Estate Ask Erika ~ Our Trademark is Communication 602.849.6576 – Direct/Text AskErikaM.com #AskErikaM #20PlusYears #3rdGeneration #OldFashionedCare #HighTechService
Where Are People Moving From?
Where Are People Moving From? Yours to Count On, Erika Madsen My Home Group Real Estate Ask Erika ~ Our Trademark is Communication 602.849.6576 – Direct/Text
85212 ~ State of the Market for Jan 2020
I am watching movement closely at we enter the beginning of our Spring market – things are still strong but some listings are lingering a bit
85209 ~ State of the Market for Jan 2020
I am watching movement closely at we enter the beginning of our Spring market – things are still strong in this pocket of Mesa. We
AZ #1 Inbound Moves in the Nation
FYI: in the last 7 days 3600 homes were listed on the MLS, as of today only 1900 of those are still active 🙈🙈 Arizona ranked
JOIN Ellsworth Corridor Facebook Group
JOIN Ellsworth Corridor Facebook Group Promote your OWN Small Business & MORE!! Learn more about SCHOOLS ~ EVENTS ~ SHOPPING ~ RESTAURANTS Promote your OWN
Kicking 2020 Off With A MOVE!
We’ve MOVED to better serve our neighbors in Ellsworth Corridor!! Same great company, just a new location for me to pop in and out of
State of the Real Estate Market Dec 2019/Jan 2020
State of the Real Estate Market Dec 2019/Jan 2020 Graphic below is an overview of the Greater Phoenix Area; With just over 15,000 homes actively
DRJHS PTRO ~ We Need YOU!!
We NEED your HELP, Who do you know? Special election being held this Spring to replace PTRO President and board ~ sadly we ALL move
Small Business of the Month ~ Shelia Maynard, G&S Cleanings
Small Business of the Month ~ Shelia Maynard, G&S Cleanings, Home & More 602-920-1167 … and for my keyboard warriors out there – it’s Shelia,
