How close are we to the CRAZY price per sq ft values we saw in 2006-2007? Let’s break it down by zip code: For the Southeast Valley, the percentage below the peak in $/SF pricing for single family homes is as follows: Tempe 85282 -15% Chandler 85286 -15% Tempe 85281 -16% Tempe 85283 -16% Chandler 85224 -18% Mesa 85210 -18% …
August 2, 2016 – Market Summary for the Beginning of August
The market has improved for sellers and the lower sales numbers for July are caused by the calendar rather than a real change in the market. This article was originally published on The Cromford Report’s Blog.
How does the Phoenix Real Estate Market today compare to a decade ago?
We looked at the CoreLogic index for the states a few days ago and the Case-Shiller numbers released today have the same story – the hottest parts of the country for housing are the Pacific Northwest and Colorado. Dallas and Florida are also strong and California above average. Phoenix is pretty much average with its 5.4%, given that the national …
July 15, 2015 – Mid Month Pricing Update and Forecast
The usual third quarter price decline is now well under way This article was originally published on The Cromford Report’s Blog.
July 2, 2016 – Market Summary for the Beginning of July
The market has improved for sellers and the lower end of the luxury market is looking much better than the top end. This article was originally published on The Cromford Report’s Blog.
Another Real Estate Bubble in Arizona?
For the past few months I have become more and more concerned with the way pricing has been heading. Sure it is great for the sellers but I know for a fact there are a lot of buyers out there who simply cannot afford to own a home anymore because the inventory just is not there for homes under $200,000. …
June 15, 2015 – Mid Month Pricing Update and Forecast
Sales prices expected to flat for another month This article was originally published on The Cromford Report’s Blog.
June 3, 2016 – Market Summary for the Beginning of June
The supply gap between the top and bottom of the market is widening and the price gap is closing as a result. This article was originally published on The Cromford Report’s Blog.
March 15, 2015 – Mid Month Pricing Update and Forecast
Sales prices edged up 0.6% between mid February and mid March, and are expected to rise more strongly by mid April This article was originally published on The Cromford Report’s Blog.
March 2, 2016 – Market Summary for the Beginning of March
The market has divided into three distinctly different sectors. This article was originally published on The Cromford Report’s Blog.