August 2023 | Market Trends

July 2023 | Market Trends

There are a lot of buyer and seller “fence Sitters” waiting for interest rates to drop.

The housing market is experiencing a third consecutive month of rising median sales prices, up 2.2% month over month and 3.66% since January. Restricted supply is driving prices higher, while sales volume has declined by 25.1% year over year. Home builders are optimistic, and foreclosure activity remains historically…

Your monthly real estate market update is here!

“The balance between supply and demand has been moving consistently in sellers’ favor since mid-November. This confirms we are in the rebound phase of the correction that dominated the second half of last year and created an atmosphere of fear throughout the market.

Interest Rates are Driving the Market

6 tips for buying a home with your significant other

There’s no doubt that purchasing a home with your significant other is by far one of life’s greatest compromises. House hunting can be stressful in and of itself but adding

Getting back to the basics: BUYAZRE's method to help you prepare your home to be SOLD, not just getting it on the market for sale.

We can finally start enjoying the weather we live in AZ for. The autumn market has begun with a slower demand than years prior. This has created more buyer opportunities to find your new home. Interest rates have increased again with the 30-year fixed conventional hovering around 7%. 

The current housing market explained:

An increase of buyer demand for showings which is leading to offers. Sellers are becoming more understanding that…

Some think that we are in a housing bubble due to rapidly increasing home values over the past few years and now home inventory increasing, similar to the 2008 housing crisis.

BUYAZRE Joins Realty ONE Group

Have you noticed that there are more and more listings hitting the market with very limited showing availability?  While some sellers seem to think this is an advantage to be less inconvenienced, we feel this can be hurting you from getting a better offer.

As the fast paced real estate market continues, many home buyers that were struggling to get an offer accepted have resorted to waiting for the market to crash or correct itself, thinking they can get the same home they missed out on for less money. 

The #1 question we are answering is "How much longer is the market going to be like this?" We predict it will start "normalizing" at the end of this year. We are expecting another interest rate increase soon which means another surge of sales and more listings hitting the market. 

Many homeowners are wanting to sell their homes to buy larger or to downsize BUT they are worried about the next steps. Here are a few questions we are helping clients with on the daily: 

As the Holiday season approaches, one of the frequently asked questions we receive is, "Is it a good time to sell or buy during the Holidays?" Our answer is…