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Now buyers have FOUR good reasons to resume their home search. Market is Balancing - Traditional Buyers are Officially Back in Control! Buckeye and Queen Creek are already in a Buyer’s market Prices Dropping - Median List Price Reduction is $13,000 Interest Rates Dropping – The Fed raised the Federal Funds Rate on Wednesday and BAM! Let’s hope it sticks! Freddie Mac Mortgage Rates from Thursday Seller Concession are Back – Almost 8% of the home sales last week included concessions. ASK ME HOW YOUR BUYERS CAN USE A SELLER CONCESSION TO GET A TEMPORAY OR PERMANENT RATE REDUCTION. … [Read more...]

#Facebook.com/garryoaks.melodyoaks/ #GarryOaksRealEstate/ #GarryOaksArizona/ #GarryOaksRealtor/ #TeamDesertOaks/ … [Read more...]

The median sales price for a single family home in Phoenix rose 27% year over year to $474,500 in first quarter, compared to national average of 15.7% rise to #368,200. … [Read more...]

A D V E R T I S E M E N T Phoenix sees surge of home purchases by real estate investors Nearly $3.8 billion in Phoenix home purchases were made by investors during the fourth quarter of 2021, the second-highest dollar amount of the 40 U.S. metros measured by Redfin. #Facebook.com/garryoaks.melodyoaks/ #GarryOaksRealEstate/ #GarryOaksArizona/ #GarryOaksRealtor/ #TeamDesertOaks/ … [Read more...]