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Phoenix, AZ Real Estate News

By Shanna Day Team Leader AZ & UT - Call 480-415-7616, Top 0.33 of 1% of 79,000 AZ Realtors
(Keller Williams Realty EV (AZ) & Keller Williams SLC (UT))
Phoenix Real Estate Agents Are Adapting To iBuyersWhen your area hosts three of the largest iBuyer companies with over 1,000 homes bought monthly by iBuyers, what can you, a real estate agent, do about it? Why not take a page from Phoenix real estate agents- you adapt by becoming an iBuyer expert.Real estate tech expert Mike DelPrete revealed that Phoenix is the largest market for iBuyers with between 5% and 6% of houses in recent months being bought by iBuyers which are then put back up on the market to be resold.Now, a common complaint about iBuyers is that while their  “instant” offer is more convenient in terms of showings, closings and lack of contingencies, they often ask for more repairs to be done resulting in more money spent for the work needed compared to traditional buyers. ...
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By David Alan Baker | Laveen & South Phoenix Realtor, Your local Expert
(Keller Williams Realty Phoenix)
How long to sell a South Phoenix House? November 2019 The answer to the question is that the length of time to sell a house in South Phoenix will vary.  Yet, we can look at some information which can give you a general idea, based on other homes in the South Phoenix area.  Information is gathered from the MLS (multiple listing service) on ALL properties that are currently on market, under contract or recently sold in South Phoenix Az. This will include all property types and price ranges. What is the average time on market for South Phoenix homes at this time?61      days is the current average456    plus days is the longest time on market What is the average time on market for South Phoenix currently under contract?31      days is current average for time to get home under contract352 ...
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By David Alan Baker | Laveen & South Phoenix Realtor, Your local Expert
(Keller Williams Realty Phoenix)
How long to sell a Phoenix House? November 2019 The answer to the question is that the length of time to sell a house in Phoenix will vary.  Yet, we can look at some information which can give you a general idea, based on other homes in the Phoenix area.  Information is gathered from the MLS (multiple listing service) on ALL properties that are currently on market, under contract or recently sold in Phoenix Az. This will include all property types and price ranges. What is the average time on market for Phoenix homes at this time?85      days is the current average1858  plus days is the longest time on market What is the average time on market for Phoenix homes currently under contract?46      days is current average for time to get home under contract863 days is current longest time fo...
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By Shirley Coomer, Realtor, Keller Williams Realty, Phoenix Az
(Keller Williams Realty Sonoran Living)
If you are looking for an updated and affordable home in Ahwatukee, look no further than this Open House 4135 E JICARILLA ST.  Open House TimesFriday 11/22/19   12N - 5 PMSaturday & Sunday 11/123& 11/24 11 AM - 3 PM.Great single level home in Ahwatukee. Also,  Beautiful views of South Mountain!  Nicely updated.  And, this home has 3 bedrooms plus a den.  Additionally, this house has 1272 SF, an open floor plan and feels much bigger!  If you are looking for a move-in ready home this is the place for you!  And, this home is located in the highly-rated Kyrene School District.The elementary school for this home is Kyrene de las Lomas.The Middle school here is Kyrene Centennial Middle School. The High School will be Mountain Pointe High SchoolOpen House 4135 E JICARILLA St.Thinking about a h...
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By David Alan Baker | Laveen & South Phoenix Realtor, Your local Expert
(Keller Williams Realty Phoenix)
Ranchos en Sur Phoenix | Noviembre 2019   ¿Por qué vivir en Sur Phoenix Arizona?Sur Phoenix Az es una comunidad moderna pero se encuentra con un estilo de vida rural.  Sur Phoenix es una de las opciones perfectas que hay en el área metropolitana de Phoenix para vivir. Ofrece una variedad de diferentes casas de estilo incluida la propiedad del caballo , santa fe, barrios privados , casas de diseño sobre lotes de acre, y todos con excelentes vistas a la montaña .  Tambien Sur Phoenix ofrece un ambiente muy rural, todas las comodidades modernas están muy cerca , con fácil acceso a tiendas de abarrotes , farmacias, acceso de alta manera y centros comerciales de la zona. Los entusiastas al aire libre también pueden disfrutar de las 16.000 hectáreas  en South Mountain Aqui se ofrece un poco d...
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By David Alan Baker | Laveen & South Phoenix Realtor, Your local Expert
(Keller Williams Realty Phoenix)
Casas de Venta en Sur Phoenix Arizona | Noviembre 2019   ¿Por qué vivir en Sur Phoenix? Sur Phoenix se considera la area de la carretera I-10 al este hasta Laveen en el oeste, y la carretera I-17 al norte y la montana al lado sur.  Este es la area de sur Phoenix en Arizona.  Basicamente los codigos postales de 85040, 85041, 85042 y Laveen que es el 85339.La mejor razon para vivir en el area, la variedad que ofrece.  Hay casas a varios precios en el area, de casa basicas a precios mas bajos, hasta casas enormes de lujo.  Tambien el area ofrece casas donde uno puede tener caballos tambien, basicamente ranchitos.  Lo mejor, es la localidad, que es muy cerca al centro de Phoenix Arizona.  Toma menos de 20 minutos de manejo por calles llegar al centro de Phoenix de cualquier area en Sur Phoe...
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By Jeff Masich-Scottsdale AZ Associate Broker,MBA,GRI, Arizona Homes and Land Group/ Buy or Sell
(HomeSmart Real Estate)
People are moving from regions and cities around the US to Phoenix Arizona. In fact, Phoenix is the #1 migration destination in the US per Commercial Cafe. With global warming, why is everyone moving to the Sunbelt you may ask? You would think they would be moving to the wintery north. Why? Read on... Phoenix Arizona is the Number 1 Metro Migration Destination in the US                    Exit #1 at the California and Arizona border on the way from LA to Phoenix Metro-to-Metro Migration: Which US Metro Areas Are Winning?  "More than 45 million Americans changed residences between 2017 and 2018, according to U.S. Census Bureau estimates. This means that more than 14% of the total U.S. population moved in the course of a single year. Migration has been a defining characteristic of America...
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By Anna "Banana" Kruchten, 602-380-4886
(HomeSmart Real Estate )
Grateful For Gorgeous Weather in Phoenix! Grateful! Grateful! Grateful!  I am so grateful for our weather being absolutely gorgeous from  the middle of October to May!  This past summer actually wasn't as bad as a few summers have been weather-wise, but it still was HOT outside. Seriously, a few days it wasn't so easy going from the air conditioned car to the main door at Costco! Some days we'd say, let's skip getting groceries until early tomorrow. Even the carts were hot! Now that's HOT!  Not anymore!  I don't think twice about being out and about any time of day now! The above photo was taken yesterday in our backyard. This tree is so full of blooms and it couldn't be any happier!  As are we, to view not only this tree, but all the other trees and plants coming back to life, full of ...
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By Shanna Day Team Leader AZ & UT - Call 480-415-7616, Top 0.33 of 1% of 79,000 AZ Realtors
(Keller Williams Realty EV (AZ) & Keller Williams SLC (UT))
October 2019 Snapshot Of The Greater Phoenix Area Real Estate A new month is in and a new real estate market snapshot is out. Here's a rundown of how the Greater Phoenix Area's real estate market for October 2019 fared in the past month.While October 2018 had better numbers at 18,333 active listings with 60 days spent on average on the market and 2.50 months supply of inventory, October 2019's 14,630 active listings with 58 days and 1.83 months supply is an improvement from the 13,749, 57 days and 1.72 months posted in September 2019.October 2019 reigned supreme though versus the past month and the same time a year ago when it comes to new inventory, number of closings, average closings and listing success rate. October 2019 hits the record books with 9,863 listings added reigned suprem...
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By David Alan Baker | Laveen & South Phoenix Realtor, Your local Expert
(Keller Williams Realty Phoenix)
Phoenix Horse Property November 2019  Phoenix horse property can be found in several areas around the valley.  Phoenix of course would offer horse property as we are located in the good old Southwest.  Believe it or not, you can even find yourself horse property even in Central Phoenix.  The biggest factor when looking for Phoenix horse property is dictated by you, the buyer and your needs.  Are you looking to be located close to work, in the out skirts of town, close to shopping, looking for lower end horse property, or even searching for a luxury horse property with all the bells and whistles?  Also for consideration is what the goal is of owning a horse property.  Is it to have and trail rides close by, or to practice dressage in your arena?  Some places would be better suited than o...
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By Jeff Masich-Scottsdale AZ Associate Broker,MBA,GRI, Arizona Homes and Land Group/ Buy or Sell
(HomeSmart Real Estate)
Downtown Phoenix now has its very first grocery store at least in the modern era. Fry's opened right in the heart of downtown at Central Avenue and Washington today. The store is open from 5am to 11pm is welcome sight for downtown condo and apartment dwellers that had to take Ubers or light rail to uptown or surrounding areas to get their groceries. Fry's Opening Downtown Phoenix                A Food "Desert" no more, Fry's Grocery Store Opens October 23 in Downtown Phoenix Chase Hunter of the Arizona Republic reported on October 23, 2019, "Downtown Phoenix has its first full-service grocery store with the grand opening Wednesday of a new Fry's.                         CBS News reports at 1st St and Jefferson new Frys Location Downtown       Fry's executives predict the opening of the ...
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By Shanna Day Team Leader AZ & UT - Call 480-415-7616, Top 0.33 of 1% of 79,000 AZ Realtors
(Keller Williams Realty EV (AZ) & Keller Williams SLC (UT))
Phoenix, AZ Is 2nd Most Popular Area To Move To For Families w/ ChildrenFinancial research firm MagnifyMoney has recognized Phoenix, AZ as the second top area for families with children under 18 to move to between 2016 and 2017. The New York-based firm arrived at the final rankings by deducting the number of families who moved out of a particular area in the aforementioned timeframe from the number of families that migrated in.While Phoenix has been known as a top migration spot for retirees and snowbirds, the city saw a net inflow of 5,580 families out of 14,589 households moving in and 9,009 moving out. Phoenix was only bested by Riverside, CA with a net mobility of 6,279 families from 15,659 households migrating into the area and 9,380 leaving.Both Phoenix and Riverside are growth ma...
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By David Alan Baker | Laveen & South Phoenix Realtor, Your local Expert
(Keller Williams Realty Phoenix)
Tiempo necesario para vender casa en Phoenix? Octubre 2019 La respuesta es que el tiempe para vender casa en Phoenix varia un poco. Pero, si uno puede revisar informacion que le dara una idea en general, basado de otras casas en la area de Phoenix.La informacion es del MLS (sistema de casas en venta) de todas las propiedades corrientemente en venta en Phoenix, esos bajo contrato y los recientemente vendidos. Cual es el promedio de tiempo de casas en venta en Phoenix? 84      dias al Mercado1830  es el tiempo maximo corrientemente Cual es el promedio de tiempo en venta para casas en Phoenix bajo contrato?(Tiempo que demoro casa en vender) 46      dias es el promedio de casas bajo contrato1250 dias es el tiempo maximo de casas bajo contrato Cual es el tiempo promedio de casas en Phoenix v...
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By Anna "Banana" Kruchten, 602-380-4886
(HomeSmart Real Estate )
 Phoenix Market Update October 17 2019The Phoenix real estate market is a fast moving market in most areas. Our market has been steadily going up at a normal pace for several years. This week the median list price for Phoenix, AZ is $389,000 with the market action index hovering around 49. This is an increase over last month's market action index of 48. Inventory has held steady at or around 2288 listings. So what does this all mean?  Market Action IndexThe chart below answers 'How's the Market' by comparing rate of sales versus inventory.   Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues. And remember, a sellers market doe...
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By Chris Dunham, The Real Estate Guy™
(Brokers Hub Realty)
Home for sale in North Phoenix with Detached Garage/Workshop -Home with Pool Holy Smokes! Listings like this come once in a lifetime. Original Owner that has taken meticulous care for his home. 3 bedrooms, 2 bathrooms, plus a fully enclosed carport which added a ton of square footage to the home. The backyard features a full length, fully enclosed covered patio along with a detached 2 car garage, 2 Car Carport and two (2) RV Gates which give you PLENTY of room to park the cars, trucks, boats, motorcycles, RV etc.or you can use the Detached Garage as a Workshop!!!Solid Slump block and frame wood home that includes the following updates and upgrades: In 2018 new Low E Windows New carpet. Samsung Kitchen Range, vertical blinds, Pool Pump and Motor. Both interior and exterior painted. In 20...
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By Shirley Coomer, Realtor, Keller Williams Realty, Phoenix Az
(Keller Williams Realty Sonoran Living)
Before we get into the Phoenix Real Estate Market Report in October 2019, I have a commentary written by Tina Tamboer. She is the Senior Housing Analyst with the Cromford report. She was nice enough to let us use her summary of the Greater Phoenix Metro area as a backdrop for what is happening in Chandler this month. Here is her commentary…….The Greater Phoenix Metro Summary Analysis Real Estate Market ReportAsking Prices Up 9% Over Last Year, but are Buyers Paying It? These Homes have Appreciated the Most since 2000For Buyers:The news media is filled with short-term predictions regarding the economy and how it will, or will not, affect real estate prices. It’s understandable for buyers to want their home to appreciate in value after they purchase, who doesn’t? However, there is far too...
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By Chris Dunham, The Real Estate Guy™
(Brokers Hub Realty)
How ibuyers steal your equity from underneath your nose - Stay away for iBuyersIts not rocket science. In fact, its all black and white, its simple arithmetic. Its how they play with the  numbers that will cost you thousands of dollars. Now, I'm not talking $5,000 to Six Grand, I am talking TENS of Thousands of Dollars! In fact, I myself am a prime example! I reached out to two ibuying companies,both made me offers, both tried to "spin" the price of the these offers as 'Fair Market Value". Now lets understand this concept, your house is worth what someone is willing to pay for it, and it must, in most cases where the home is financed, appraise at said value. So when an ibuying company, brings an offer to the table, you need to be prepared, IE, you need to know the TRUE value of your hom...
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By Shirley Coomer, Realtor, Keller Williams Realty, Phoenix Az
(Keller Williams Realty Sonoran Living)
 Are you looking for Pumpkin Patches in Phoenix Arizona?  Then look no further for great places to find pumpkins this fall.  Now that we are below 100 degrees, those of us in the Phoenix metro area start to think about fall.  And what better signs of fall than checking out the pumpkin patches around the Phoenix area.  Many stores sell pumpkins and there are pop-up tents on corner lots where we find a variety of pumpkins and fall decor.  Let's find Pumpkin Patches in Phoenix Arizona! 🎃 MacDonald's Ranch  🎃WHAT?           MacDonalds  RanchWHERE?        26540 N Scottsdale Rd, Scottsdale, Az.WHEN?           September 2019 (closed Tuesdays)TIME?              Mornings from 7:30 AM - 10:00 AMEvenings from 5:00 PM- 7:30 PMContact:           www.macdonaldsranch.com 🎃 Agave Farm 🎃WHAT?           ...
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By Shirley Coomer, Realtor, Keller Williams Realty, Phoenix Az
(Keller Williams Realty Sonoran Living)
Welcome Home!   Open house - 16415 S 30TH AVE, Phoenix, AZ 85045 Beautiful Single Level home in the gated community of Summit.  Located in the highly desirable Ahwatukee community (city of Phoenix).  Amazing Kyrene Schools!Priced at $589,999October 11, 12, 13     1 PM - 5 PM    Lovely 4 bedroom home, plus den!  Great open floorplan. Gated communityThe backyard is an entertainer's delight!  Pebbletec pool, built-in grill, and seating area.  Live the Arizona lifestyle!  Enjoy the beautiful mountain view from your back yard.  So much to see in this lovely home!     Large Master bath with separate tub and shower.Huge master closet.     Stop by and check out this great home and plan your holiday entertaining around your pool and back yard BBQ!  Don't miss thisOpen house - 16415 S 30TH AVE, P...
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By Shanna Day Team Leader AZ & UT - Call 480-415-7616, Top 0.33 of 1% of 79,000 AZ Realtors
(Keller Williams Realty EV (AZ) & Keller Williams SLC (UT))
September 2019 Snapshot Of The Greater Phoenix Area Real Estate So how did the Greater Phoenix Area real estate market fare in September 2019? We got the numbers and we're doing a deepdive on them now! Active listings are up with September 2019 posting 13,749 listings compared to the 13,319 recorded in August 2019. While active listings for September 2018 were higher at 16,829, homes spend less time on the market in September 2019 versus the same time last year as well as the past month. New inventory, the number of closings, average sales price, listing success rate and sold to list price ratio all shared the same trend: they were higher in August 2019 versus September 2019, although the past month had better numbers in these areas compared to September 2018. However, the current suppl...
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