March 2019 Market Update

This month marks the first full month of our annual, spring buying season.  Every year we build from February into March, with March going full steam ahead.  It is important to note, this “annual buying season” lasts from mid-February through May, with peak activity (listings, under contract) in April, and 2019 is already a highly

Phoenix Real Estate Market Update December 2018

The supply of active listings without a contract rose 3.4% during the month of November, while total active listings increased by 2.0%. These increases are in contrast to this time last year when we saw decreases of 1.2% and 1.7%, respectively. Just like last month, there has been a definite improvement in available supply. Supply

THE MARKETS IN MINUTES

Please enjoy this quick update on what happened this week in the housing and financial markets. Recent comments by Fed Chair Jerome Powell have markets questioning if we’ll see policy rate increases in 2019, which could be good for mortgage rates. Consumer spending increased by the most in 7 months in October. But underlying price