Market snapshot Phoenix Metropolitan July 2023

market snapshot phoenix metropolitan area july 2023

Last Year – A Spooked Market According to the Cromford Report comparisons with this time last year are getting easier, as a year ago the market was deteriorating as demand from institutional investors and iBuyers collapsed. A steep rise in … Read more

Phoenix’s West Valley future water supply 

phoenixs west valley ensures future water supply

Phoenix’s West Valley continues to ensure future water supply  During this year’s Economic Development Summit where water was the focus, representatives from Central Arizona Project, Salt River Project, Arizona Department of Water Resources as well as West Valley municipalities discussed … Read more

Phoenix Metro a top travel destination for 2023

Hikers in Phoenix

Forbes Magazine just ranked Phoenix Metro as the number one travel destination in the U.S. for 2023 For those who don’t know the State of Arizona has been one of the fastest growing states in the country with people migrating … Read more

Silver Sky Luxury Community

Silver Sky Luxury Community Scene

The Town of Paradise Valley is recognized as one of the top 20 most affluent communities in the country. The Silver Sky luxury community will be 12-luxury homes with construction anticipated to start in June of 2023.  Paradise Valley Town … Read more

Urban Wine Walk Phoenix

urban wine walk cork puller

Do you love wine? Join in on the fun at Downtown Phoenix’s 11th annual tasing tour, also known as The Urban Wine Walk.  This event commences on Saturday, April 22, 2023, from 1PM to 5PM.  The event starting location is 12:30 PM at … Read more

Phoenix Metro Residential Real Estate March 2023

house with a key

Phoenix Metro buyers update The Cromford Report provided the following March 2023 update for buyers.  Phoenix Metro buyers update The Cromford Report provide the March 2023 update for sellers.  If you are in the market to purchase a home and … Read more

March 2023 mid-month pricing and forecast

Road and mountains Arizona

The Cromford Report which covers the Greater Phoenix resale market provided the following monthly market update and forecast.  “For the monthly period ending March 15, we are currently recording a sales $/SF of $273.22 averaged for all areas and types … Read more

Current Mortgage Rates March 22, 2023

montezumas-castle

Quick update on where today’s current mortgage rates are for each loan program type: (Note: The above rates for Conventional, FHA, VA and USDA are quoted without any points.  Jumbo and Non-QM normally require points.) ARM Loan Options I’m not … Read more

Arizona Bike Week to Westworld of Scottsdale

2023 arizona bike week

Arizona Bike Week 2023 is coming to Westworld of Scottsdale The 26th annual Arizona Bike Week is coming to Westworld of Scottsdale from March 29, 2023, to April 2nd 2023.  This biker/motorcycle rally is considered the biggest in the nation … Read more

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