Real Estate Market Report for the Phoenix West Valley- January 2017
Here is the market report for January 2017 covering most the Phoenix west valley cities. I wanted to point out something we have not discussed in previous Market Reports, however worth noting especially for a January Market report. Since the average real estate transaction is 30-45 days escrows, technically the numbers report in the given month, actually reflect business done the previous 4-6 weeks.…
Read MorePhoenix Real Estate Market Report- November 2016
Phoenix west valley cities are holding strong with most cities continuing a good run. Still lots of great investment opportunities as the rental market continues to be very strong with a very low vacancy rate. Let us know if you have questions about the current market, we’d love to help!
Read MoreDifference Between Managed and Non-Managed Properties
People ask us all the time what the difference is between having their property managed verse not having it managed. There are over 40,000 agents that have the ability to list a home for rent on the MLS to get a tenant in, but that’s only the beginning. The typical agent is not legally allowed…
Read MoreFHA Loan Limits to increase, Mortgage Rates Look to go up
As you know there have been lots of news about our economy with the change in the presidency. Housing plays a huge role in the economy such as FHA Loan Limits and higher mortgage rates. We are likely to see lots of changes in 2017. There may be a lot of changes that can indirectly effect housing, this…
Read MorePhoenix West Valley Market Report by City- October 2016
West valley cities are holding strong with home values continuing a slow and steady accent upward. Inventory levels have continued to stay steady where we consider it a sellers market (see absorption rate on the report). The MLS is seeing a year-over-year increase in most categories such as Listings Taken, Contracts Written and overall Closed…
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