Disneyland announced its closure due to COVID-19 on March 12. Despite being the usual 31 days, March lasted longer than any other month in history. People all over the world were glued to the news; trying to make sense of what was happening. April 19 was the turning point for Arizona real estate. In May the end was in sight. And then it wasn’t. Now it is August, a time when we used to buy school supplies and take the first day of school photos we are, instead, buying laptops for Kindergarteners begging them to hold still for one more minute.
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Phoenix Area Real Estate Update 7/31/2020
Realtors, lenders, buyers, and sellers are exhausted. The Spring and Summer home selling season has been crammed into two months. Not to mention the worldwide pandemic, economic uncertainties, delays in school re-openings, and a heated political climate. To say that there is a lot going would be an understatement. Despite the stress of the unknown, we do know that real estate is driving our economic recovery.
Phoenix Area Real Estate Update 6/26/2020
Phoenix metro is the fastest growing major employment market in the country year to date. That means we have lost the fewest jobs, as a population percentage, in the country. This could have major implications for real estate. A larger employed population could lead to fewer potential issues down the road.
Afternoon Bite 5/18/2020 (Video)
Every Monday Amber Kovarik with Guild Mortgage and I spend 15 minutes (or less) talking about what is currently happening in the real estate market, title, and lending. We give a few key points to share without taking up too much time. Today’s Big Takeaways: Cromford Market Index, the best leading market indicator we have,Continue reading “Afternoon Bite 5/18/2020 (Video)”
Afternoon Bite 5/4/2020 (Video)
Every Monday Amber Kovarik with Guild Mortgage and I spend 15 minutes talking about what is currently happening in the real estate market, title, and lending. We give a few key points to share without taking up too much time. Today’s Big Takeaways: Physical showing requests have increased in Arizona since 4/12/2020 by 40% NewContinue reading “Afternoon Bite 5/4/2020 (Video)”
Halloween & Tight Inventory
Tight inventory continues despite typical seasonal slowing.