Still Waiting for that crash?

Still Waiting for that crash? Tick Tock. Where is it? Oh that’s right, it’s behind us!  I am still super surprised at the amount of people waiting for the housing market crash in the Phoenix metro. The crash you were all manifesting already happened. Last year prices fell over 15%...

October 2022 Phoenix Market Update

In spite of many headlines and social media trolls suggesting a massive housing crash, the market is simply correcting for the extreme growth we’ve experienced over the last two years. Let us remind you that the housing market, just like all other financial markets, fluctuates over time. It’s typical and...

Is this the new 2008?

We as humans love to use comparisons.  We examine situations and identify differences and similarities to previous experiences to provide our brains with the data it needs to help us define our next action.  However, often we tend to miss the mark on our current situation by comparing what is...

August 2022 Phoenix Market Watch

It’s been a turbulent summer for the Greater Phoenix housing market. It’s been a while since I’ve shared this chart, but I thought this is a great visual for explaining where we are at in the market cycle. Prices in the housing market are based largely off of the simple...

July Phoenix Metro Market Update

July Phoenix Metro Market Update By LINDSAY FRICKS Ahhh- the noise right now is so loud it’s tough to know if the headlines are real or if it’s just click-bait drama. I’m not going to sugar coat it, things have changed in Arizona real estate and the glory gains of...

Mid -June 2022 Market Update

Mid -June 2022 Market Update By LINDSAY FRICKS As your trusted real estate advisors, it’s important to make sure you have the latest and greatest information possible. We don't typically do a mid-month market update, but I feel that it was imperative to get in front of the rapidly changing...

Humility-The Path to Growth

Humility-The Path to Growth By JASON HILAND Have you ever been humbled?  I am not talking about the subtle shame of asking a millennial to fix your laptop.  Nope!  I am talking about transitioning from a place in your career where you feel confident and comfortable, but unfulfilled, to a...

May 2022 Phoenix Metro Market Watch

May 2022 Phoenix Metro Market Watch By LINDSAY FRICKS Last month I shared the early indications of some major market shifting. This month’s trends support that we are definitely in a new season of real estate for the greater Phoenix metro. The most noticeable change is in the supply of...

Median Home Price

$325,000

Annual Appreciation Rate

+7%

Estimated Population

450k

Median Age

34

East
Valley

why you want to live here

The two largest and most popular cities in the East Valley are Gilbert and Chandler. Once known for agriculture, the area has now been transformed into some of the most well known suburbs. Both cities have experienced tremendous growth in population and along with it now has all the amenities of larger cities. The suburbs are highly focused around families and have lots of parks, recreation and many family events year-round.

Median Home Price

$261,096

Annual Appreciation Rate

+8%

Estimated Population

1.6M

Median Age

33

Central
Phoenix

why you want to live here

Phoenix is the heart of The Valley of the Sun and capital of Arizona. Known for warm temperatures year-round and sprawling urban space surrounded by desert mountains. Phoenix is the 6th largest city in the US and home to nearly 1.6 million people. Phoenix has just about something to offer everyone: numerous golf course, professional sports teams, hiking trails, concerts, festivals and much more. With an affordable cost of living there’s a place for everyone with the Phoenix metro.

Median Home Price

$308,750

Annual Appreciation Rate

+8%

Estimated Population

174k

Median Age

28.5

Tempe

why you want to live here

Tempe is a city just east of Phoenix, in Arizona. Its striking Tempe Center for the Arts hosts concerts, dance and comedy shows. Nearby, Tempe Town Lake is dotted with kayaks, pedal boats and paddleboards. Tempe Beach Park hosts outdoor festivals. Rising above the city, Hayden Butte is a mountain dotted with centuries-old rock art. Sporting events and concerts are held at Wells Fargo Arena.

Median Home Price

$725,000

Annual Appreciation Rate

8%

Estimated Population

36,241

Median Age

39

Scottsdale

why you want to live here

Scottsdale has long had a reputation as one of the most affluent cities in the West most well known for high end golf, spas, resorts, restaurants and shopping. There are over 27 golf courses located within the Scottsdale boundaries. The Southern part of Scottsdale is home to the historic Old Town area. The southwestern charm, numerous restaurants, bars and shopping as well as exciting nightlight make Old Town a hot spot for both young and old. Central Scottsdale is home to many popular golf communities such as McCormick Ranch, Gainey Ranch and Kierland Commons.  North Scottsdale is home to to two of the valleys largest annual events: the Barrett Jackson Auto Auction and the Waste Management Open PGA tournament. These events along with the 5 professional baseball spring training facilities bring millions of visitors into the area throughout the Spring months.

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