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Phoenix Real Estate Market Update

WReal Estate Markethat happened in real estate this year?

This year has been like the last couple of years in the Phoenix real estate market, loaded with change.  That’s the only constant.  We need to look at the 2023 Phoenix real estate market update YTD.  In particular, we are dealing with the effects of higher mortgage interest rates.  This has affected both buyers and sellers.  What about the housing crash that some forecasted at the first of the  year.  Did that come to pass? What happened with prices this year?

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2022 Real Estate Market Review

2022 Phoenix Real Estate Market UpdateMortgage rates and applications

The Phoenix real estate market in 2022 was quite a ride! Appreciation in the first half of the year was followed by falling prices in the last 6 months. The result was that prices at the end of the year were roughly where they began at the first of the year.  What happens in 2023 is the speculation that real estate pundits, commentators, and Youtube channels love to embrace.  There is no lack of opinions on this subject.

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2022 Phoenix Market Review for 1st Half

How’s the Phoenix Real Estate Market started off in 2022?

Has the trend of multiple offers within 48 hours waiving appraisals and inspections continued through the first half of 2022? What has the increase in interest rates done to buyer demand in the Phoenix real estate market?  And has this affected home sale prices throughout the valley. To find out the answer to these questions, read this 2022 Phoenix market review.

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2022 Real Estate Forecast & 2021 Review

Phoenix 2022 Outlook & 2021 Real Estate Review

What a year 2021 turned out to be!  And now our focus turns to 2022 and what changes we’ll see in the Phoenix real estate market.  Predictions are always difficult but identifying the underlying driving factors is a good place to start.  Let’s review what happened in 2021 in the Phoenix real estate market and a 2022 market forecast.

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2021 Housing Update and Prediction

2021 Market Review and ForecastHousing Market Review and Predictions

We are now entering the post pandemic real estate market and there is a mountain of speculation what it will look like.  The word “crash” is used frequently as well as “bubble”.   As the economy returns to as normal as it can under the current economic and government policy, buyers and sellers will be anxious to see if there is any balancing in light of what appears to be a severe housing shortage. In this post we’ll review the 2021 housing update and prediction for the rest of the year.

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2020 Market Review & 2021 Forecast

2020 Phoenix Real Estate Market Review & 2021 Forecast

On to another year that will see a change for the better in regards to COVID19!  With herd immunity and vaccinations rolling out,  there is reason for optimism. How did the Phoenix real estate market fare in 2020?  And what can we expect for 2021 with all coronavirus efforts? Let’s do a review of the Phoenix real estate market for 2020.  I’ve prepared a video that reviews 2020 and also points out some fundamental metrics such as negative equity and mortgage delinquencies that have been brought on by COVID19.  Continue reading to learn more.

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2020 Real Estate Market Update Phoenix

Phoenix  Real  Estate  Market  Update  – First  Half  2020

Who could have predicted such a crazy six months as we’ve seen in the first half of 2020.  COVID-19 has made everyone sit back and wonder if there is any normalcy left in the world.  The pandemic and the associated events have left many wondering how the real estate market has fared.  That’s what we’re going to look at in this Phoenix real estate market update for the 1st half of the year.  If you are curious, click to  find out.

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Coronavirus and Phoenix Real Estate

Has the coronavirus or COVID-19 put the real estate market in the ICU?

The coronavirus or COVID-19 has taken everyone by surprise and the effects of this pandemic will not be totally understood for months or years to come. However, we can see the effects of this virus on Phoenix real estate in the past month, and where things will go in the next 30 – 45 days.  To understand the cumulative effects and future path, keep reading.

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2019 Real Estate Market Update

Understanding the 2020 Phoenix Real Estate Market

We’re now entering a new decade and putting behind us another year. Every year there are predictions about what is happening in the Phoenix real estate market. Continuing price increases, inventory trends, cash investors displacing first time home buyers, foreclosures creeping up again. These are just some of the topics that everyone with an interest in understanding Phoenix real estate trends would like to know about.  If you fall into this camp, keep reading.

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2019 First Half Real Estate Market Update

Real Estate Market Update for First Half of 2019

If you are wondering how things in the real estate market have started in 2019, I’d like to share some information with you. Are short sales and bank owned properties coming back? How often do sellers contribute toward buyer closing costs? And what has been happening to residential rental lease rates?

Check out the video below to have these and other questions answered.

Was there something that I missed or didn’t get answered? Please let me know and it may be the subject of my next video,.

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