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2023 Real Estate Market Outlook (And What It Means for You)
Last year, one factor drove the real estate market more than any other: rising mortgage rates. In March 2022, the Federal Reserve began a series of interest rate hikes in an effort to pump the brakes on inflation.[1] And while some market sectors have been slow to respond, the housing market has
ASK THE ATTORNEY: Is Now Still A Good Time To Buy?
Lately, I have been getting questions about the real estate market. One of the most frequent questions is this: “is now still a good time to buy?” While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still high, remaining around 8%. This new
November 2022 Arizona Real Estate Market Summary by Connie Colla
Where did all the buyers go and are they coming back? And what’s happening to home prices? Two important questions buyers, sellers, and even homeowners who aren't selling, are asking.This is the current inventory in the MLS for November 1, 2022 compared with November 1, 2021 for all areas & types:
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