Every Monday afternoon Amber Kovarik and I talk about what happened this week in our local and national real estate market in 15 minutes or less. https://videopress.com/v/tfezCGQ5?posterUrl=https%3A%2F%2Ftheazmarket.com%2Fwp-content%2Fuploads%2F2020%2F06%2Fbite.png&preloadContent=metadata Today’s Takeaways: The AZ Market: Listings under contract are up nearly 20% year over year while active inventory is down 43% year over year. There are roughly 8800ContinueContinue reading “Afternoon Bite 7/13/2020 (Video)”
Tag Archives: #theazmarket
Phoenix Area Real Estate Update 7/10/2020
Maybe the 10 years of growth were the calm before the storm. Even if it was not, the storm is here now. As we adapt to extreme inventory shortages, get comfortable in our masks, and try to stay healthy we now face a new challenge, surviving economic re-closures. Pending sales are up, buyer demand is up, inventory is down.
Phoenix Area Real Estate Update 6/19/2020
The Phoenix Metro area is seeing active inventory drops while demand continues to grow.
Phoenix Area Real Estate Update 6/12/2020
In 1789 Benjamin Franklin wrote, “In this world, nothing can be said to be certain, except death and taxes.” I suppose we should add his quote to his list as another certainty. Recently some experts were discussing whether or not real estate is going through a recovery right now or not. They asked, how can somethingContinueContinue reading “Phoenix Area Real Estate Update 6/12/2020”
Afternoon Bite 6/8/2020 (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. https://videopress.com/v/NNz7WMrJ?posterUrl=https%3A%2F%2Ftheazmarket.com%2Fwp-content%2Fuploads%2F2020%2F06%2Fbite.png&preloadContent=metadata Today’s Big Takeaways: May’s job report was way better than predicted. RatherContinueContinue reading “Afternoon Bite 6/8/2020 (Video)”
Phoenix Area Real Estate Update 6/5/2020
Things truly are better than only a few weeks ago; consumer sentiment is up month over month. Things are definitely better than what the headlines read. As David Childers, with KCM, said, “The media often does more to terrify than clarify.” He is right. With all that said, we cannot diminish everything that is happening in our world today.
Phoenix Area Real Estate Update 5/29/2020
The other day I was talking with Tina Tamboer with the Cromford Report and she said, “Real estate is going gangbusters, I don’t think that it got the memo about the world-wide pandemic.” There continues to be increased optimism and momentum in real estate. Even the national economists are talking about the positive movement inContinueContinue reading “Phoenix Area Real Estate Update 5/29/2020”
Candid Conversations with Jenn Newman (video)
Jenn Newman with the Brokery invited me to be a guest on her video series “Candid Conversations.” In this video interview we discuss the COVID-19 pandemic and it’s implications for the Phoenix metro area real estate market. We cover where we are now, supply and demand, what is happening with prices, and our projections forContinueContinue reading “Candid Conversations with Jenn Newman (video)”
Afternoon Bite 5/11/2020 (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. https://videopress.com/v/GVgms5DS?posterUrl=https%3A%2F%2Ftheazmarket.com%2Fwp-content%2Fuploads%2F2020%2F05%2FAmber-and-Sarah.png&preloadContent=metadata Today’s Big Takeaways: Inventory and demand are increasing, showing that the healthContinueContinue reading “Afternoon Bite 5/11/2020 (Video)”
Afternoon Bite 5/4/2020 (Video)
https://videopress.com/v/jYjbl0Lw?preloadContent=metadata 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%NewContinueContinue reading “Afternoon Bite 5/4/2020 (Video)”