Market news

Whoa Nelly!!

by Katie Halle Lambert
February 3, 2016August 20, 2020

What, what, WHAT?!! Up MORE than a month’s inventory since last month? Do not fret, Real Estate buyers and sellers, because that’s what normally happens throughout the holiday season it just came a little late this year. No, you aren’t going to have trouble selling your home this winter / spring but you might feel a little “rushed” if you are planning to buy but you are waiting until this summer. We’re feeling the “buying rush” tremors already.

PS…have you ever moved in the summer in Phoenix? It’s a bit warm. Just a thought…

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Is Now a Good Time to Buy?

by Katie Halle Lambert
November 4, 2015August 20, 2020

As we approach the holidays, we are asked this question more and more often: Is now a good time to buy? The answer is unequivocally YES! Why? It’s simple. If a home is listed during the holiday season, you have a motivated seller. They want to sell. Buyer activity also slows down during this time of year. What does that mean? Less competition! You’ll be in a great position to negotiate with both of these working for you. Keep in mind… pricing got worse in the last few days so, if you are looking to buy before the year end, now’s the time to call (or text) us for the best deal on your new home! 480.250.0023

The “Perfect Storm” for Homebuyers

by Katie Halle Lambert
October 7, 2015August 20, 2020

Sellers are beginning to feel the “holiday slowdown” as we move further and further away from the feeding frenzy of summer. We had fewer sales in September and did experience a spike in new listings. Our inventory has increased just a bit causing more competition for sellers and more selection for buyers. Interest rates remain low allowing for affordable financing. Increased inventory, motivated sellers, and affordable financing? It is the perfect storm for homebuyers.

Is the Phoenix Real Estate Market finally on Summer Break?

by Katie Halle Lambert
August 10, 2015August 20, 2020

It happens every year but usually we see it at the beginning of July vs the end. The market is finally showing signs of the summer slow down. Up from 2.58 months inventory in June to 2.83 in July and down just a tad in sold listings, we are finally seeing the numbers reflect it. For buyers, this might be a good time to find that perfect home…while you have a little breathing room before the market kicks up again. For sellers, it’s still a sellers market but you might want to air on the side of realistic with your pricing and negotiation terms. The more inventory creeps up, the more choices the buyers have.

Did my house increase in value since 2014?

by Katie Halle Lambert
July 4, 2015August 20, 2020

Wondering if your home increased in value since this time last year? Here are the numbers. We are down more than a month in inventory since then. Most homes / areas have realized a nice increase in value. Since different areas of the Valley perform at different rates, text 480.250.0023 for your specific value quote. You can call or email ([email protected]) too. Happy Summer!