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%. After running lower than…
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 for real estate? Not all…
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 the residential real estate sector…
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 in 20th! Cromford Market Index…
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. Gov. Doug Ducey announced Wednesday…
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 that feels like “there is…
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 us to get here. We…
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 the same; tight inventory, high…
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 analysts struggle to make sense…
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 3.5 million homeowners in forbearance…