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Phoenix Homes for sale

Our Last Hurrah before the Summer Slow Down? – Phoenix AZ Housing Update

It’s typical here in Phoenix to see a bit of a slow down just before the dog days kick in.  July and August tend to be less active than the 2nd quarter months.  May saw the highest number of sales so far for 2018 pushing us back under 2 months inventory, Valley-wide.

The entry level market is still a beast.  Anything under $200k is flying off the shelf as quickly as it’s put on the shelf.  In fact, we are seeing low days on market all the way to even $500k as long as it’s appropriately priced.  Historic districts are still seeing some heavy activity too since everyone is gaga over homes with character these days.

Info courtesy of ARMLS.

Info courtesy of ARMLS.

Inventory Levels are up just a Tad in Phoenix, AZ – Phoenix AZ Housing Update

The inventory levels are rising but not as quickly as the temperatures are as we approach summer.  March 2018 inventory levels were the lowest we’ve seen in while and new build contracts have skyrocketed due to the low inventory of resale homes.

Selling a home?  Better get the sign in the yard soon.  As we approach the summer months things tend to slow down a little.  Get your home on the market now so you can vacation in July like everyone else!   Call 480-250-0023 and ask for Katie!

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Guest House and all the Fixins! Home for sale in Phoenix

One of a kind! Many of the cherished historic characteristics were preserved while blending in the modern features desired in today’s world. A french country theme helps bring this home to life with a clean, rich and classy feel. Graced by a large master bedroom and bath not typical for this area, new floors, shaker cabinets, quartz counters, appliances, fans, Schlage hardware, new roof, new HVAC, lights, doors, trim, electrical, plumbing, and more. Guest house with lots of space and available separate access from alley, perfect for the parents or VRBO. The guest house garage is plumbed for HVAC as a temp controlled game room/workshop. Covered parking for 3 cars and more on grounds parking. All work was completed by seasoned professionals and permitted by the city of phoenix.

This home is in the heart of the city minutes from great restaurants, freeways, night life, and airport!

Seller finance is available for the deserving buyer.

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RV Parking and Diving Pool – Home for Sale in Phoenix

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Amazing opportunity! 4 bedroom single level home with pool and 2 car garage! Spacious interior with formal living and dining room plus family room and breakfast nook. Split floor plan offers large bedrooms and cozy fireplace in family room. The fireplace was retrofit with a catalytic converter last year so all days are burn days! 2 car garage offers extra storage space with a covered side storage area. Large yard with pebble tec play pool and spacious covered patio. You’ll find 2 types of tomatoes, 2 jalapeno, 1 pablano and several red onions growing in the garden. Daffodils, freesias and tulips pop up in the spring. There is also 1 ruby red grapefruit tree and 1 plum tree. This home is the perfect set-up for entertaining or a relaxing night at home.  HOME DETAILS AND MORE PHOTOS

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Rates vs Rent

Inventory levels remain low in the Valley of the Sun not only for homes for sale but for homes for rent too.  The lack of homes available for rent is causing rental rates to soar, surpassing what mortgage payments would be for the purchase of a comparable home.  The small increase in mortgage interest rates that we have experienced so far this year isn’t having a huge impact on consumption at the moment.  The market is HOT!

Scared of buying but the rental prices are starting to scare you more?  Call or text Katie at 480.250.0023 to discuss current market conditions and how they affect you.

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