Phoenix Market Update
Continued Sellers Market
Active listings are down 45% and sold listings are up 23% compared to this period in 2019. With the decrease in Month’s of Supply, the Phoenix metro area continues as a sellers market.
Contact me to find out how much your home’s worth!
Mortgage Rates Reach Another Record Low
Despite persistently low mortgage rates, home sales have reached a limit. While homebuyer appetite remains robust, the scarce inventory has effectively capped the number of home sales. 30 year rates have come down to an average of 2.71% and 15 year rates at 2.26%. Interested in refinancing? Contact us today for a great referral.
Incredible Property Coming Soon
Beautiful home with vaulted ceilings, updated interior, huge kitchen island and a large backyard to create your own oasis! View the Full Listing.
This Holiday Season
To My Friends & Colleagues,
We’re excited and grateful to add Rachel Brown to our team this month! As 2020 draws to a close, my team and I extend to you and yours our very best wishes for the holidays, and wish everyone a happy, healthy New Year!