Tag Archives: multiple offers

Phoenix Home Sales Median Price Continues to Increase

http://www.azcentral.com/business/articles/20130503phoenix-home-sales-median-price.html Metro Phoenix median home sales price rose to $175,000 in March, a 3% increase from February marking a 30% increase over the last year.  Prices are expected to continue to increase, at least until June which is our traditional peak buying season in the Valley.  However, prices still haven’t increased enough for many homeowners […]

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Arizona among top states in home-price gains in Feb

With US home prices jumping up by the larges amount in over 7 years, Arizona boasts to be one of the nation’s top “gainers”.  CoreLogic, a Real Estate data provider, stated that most of the larges gains were in the West where Nevada was #1, Arizona #2 & California #3.  Hawaii & Idaho rounded out […]

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Renters: Is it NOW time to BUY?

The combination of incredibly low mortgage rates, rising rental rates, and very low inventory levels, those who have previously been renting their homes realize now is a good time to purchase.  The problem many are finding, however, is that there is stiff competition for the lower price point homes and many are put in the […]

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Are you thinking of selling your home? NOW is the time.

We are presently in a SELLER’S Market in the Phoenix area with just over 13,000 homes for sale….less than a quarter of what was on the market in 2006.  Homes are selling much faster (especially those under $200,000) due to greater buyer demand and fewer homes from which to choose.  Multiple offers are not unusual, […]

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