April 2017 wrapped up with stats and momentum that confirm a continued seller’s market. With only 10,247 new listings entering the market in Metro Phoenix in April 2017, down 16% from the previous month and 7.3% from April 2016, supply … Continue reading →
Market summary courtesy Michael Orr of The Cromford Report early July 16, with a few points highlighted in blue: “The market conditions improved a little for sellers during June, with the Cromford® Market Index breaking through the 140 level as … Continue reading →
The performance in the Greater Phoenix real estate market varies significantly across the pricing spectrum. If you are listing a nice 3 bed 2 bath home, priced reasonably well, within the $250,000 range, you can expect to sell quickly, with … Continue reading →
Looking at The Cromford dashboard on my homepage, you see 4 key measures pointing up. Monthly average square price is up, annual average square foot price is up, measured across the Metro area annual appreciation is 6.8%, and so far … Continue reading →
Yesterday’s Wall Street Journal reported on the latest Case-Shiller housing index, which published their monthly update on housing pricing movements for the month of September. According to Case-Shiller, Phoenix area pricing dropped 1.5% from the previous month (August), but 1.9% from August, … Continue reading →