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PHX Market Update 05-30-2020

By Matthew Hoedt - May 30, 2020
  A weekly update on what's happening in the Phoenix real estate market. This week: After weeks of steeply declining demand, the trend has reversed and the rebound begins.    

PHX Market Update 05-22-2020

By Matthew Hoedt - May 22, 2020
Monthly Trusted Advisor University update on hot topics in Phoenix real estate. It's one week since Arizona's stay-at-home mandate expired. Showings and accepted contracts have been rising for 6 weeks in a row and we're almost back to pre-COVID levels. If you've been on the fence about buying, now is the time - before we return to the frenzied market once again.    

2020-05 Market Snapshot

By Matthew Hoedt - May 15, 2020
    Pandemic Effect: Closed MLS Sales Down 31% Look Who’s Back: Weekly Contracts Up 40% in 4 Weeks   For Buyers: Greater Phoenix contract activity dropped 39% over the course of 6 weeks  between March and mid-April.  The effects of those declines are now being reported over a month later as a 31% decline in closed sales.  This is not surprising, you can&rs

PHX Market Update 05-08-2020

By Matthew Hoedt - May 08, 2020
  A weekly update on what’s happening in the Phoenix real estate market. This week: 5 weeks into Arizona's "stay at home" mandate we begin the first steps into easing restrictions, and we still aren't seeing signs of home prices declining.  

Friday Field Trip - Scottsdale Civic Center

By Matthew Hoedt - May 01, 2020
  Walking around Downtown Scottsdale’s Civic Center Mall, recently reopened after a multi-million dollar renovation. Normally this is packed with festivals, art fairs, Taste of Scottsdale, live music, and numerous other events. This year, though, the coronavirus put a hold on everything. We can still enjoy the beauty of the area.      

PHX Market Update 04-29-2020

By Matthew Hoedt - April 29, 2020
  A weekly update on what’s happening in the Phoenix real estate market. This week: 4 weeks into Arizona's "stay at home" mandate (and waiting to hear if this will continue), plus a few positive signs in market activity.     

PHX Market Update 04-22-2020

By Matthew Hoedt - April 22, 2020
  Monthly Trusted Advisor University update on hot topics in Phoenix real estate. This month: how COVID-19 is affecting the market and how Valley Realtors are stepping up to the challenge.    

2020-04 Market Snapshot

By Matthew Hoedt - April 17, 2020
  Pandemic Puts Housing in a “Pinch” COVID-19 Aftermath: Good News for Normal Buyers   For Buyers: The kickoff of 2020 was developing into a nightmare for normal buyers who just wanted to find a place to live.  Extreme competition for homes between wholesalers, cash buyers, vacation rental investors and traditional buyers depleted supply and created an environment c

PHX Market Update 04-14-2020

By Matthew Hoedt - April 14, 2020
  A weekly update on what’s happening in the Phoenix real estate market. This week: 2 weeks into Arizona's "stay at home" mandate, and why we don't expect home prices & values to fall anytime soon.  

How I Analyze The Phoenix Real Estate Market

By Matthew Hoedt - April 11, 2020
  This is a brief introduction to the Cromford Report, one of the best proprietary tools available to dig deep into the economic factors driving the Phoenix real estate market. Only 1% of Phoenix Realtors take advantage of these tools.     

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