Monthly Archives: September 2024
Impact of Renting or Buying in August 2024
Lately, there’s been a lot of buzz in the media about whether it’s cheaper to rent than to buy. You’ve likely heard claims that renting is the more affordable option, but let’s take a moment to break it down and compare apples to apples. The Scenario Imagine you’re renting a 3-bedroom, 2-bath home with 1,500... Read More
Is Now a Good Time to Buy a House
If you’re in the market to buy a home, you’re probably wondering about current trends and how they might impact your purchase. Here are the key facts you should know before making your decision. 1. Price Reductions Are Happening Currently, 62% of properties listed on the MLS (Multiple Listing Service) are experiencing price reductions. This means home prices... Read More
Is the Phoenix Housing Market Heading for a Crash? Understanding the 57% Increase in Inventory
Over the past year, the Phoenix metro housing market has seen a significant change—home inventory has increased by 57%. This dramatic rise in available homes has many buyers and sellers asking a crucial question: Are we heading for a housing market crash? Let’s take a closer look at the numbers and the reality behind this... Read More