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Caitlin McKeague - Your Phoenix Real Estate Broker
How Much Have Home Prices Changes in 2 Years?
Let me take you back to 2 years ago…it was the start of 2022. We had just had an unexpectedly busy 2021 with soaring demand, increasing prices, and a flurry of activity. As 2022 unfolded, interest rates stood around 3.6%, with the median home price hovering at $435,000. The market was bustling, featuring multiple offers on homes and an overall sense of affordability due to the low-interest rates.
How Much Home Prices Have Changed in 2 Years
We all know home prices have been on the rise the last few years, and have accelerated beyond what we expected in many areas. You might be shocked to see the change in the average price per square foot over the last 2 years. This really puts into perspective how much values have grown, and what areas have seen the most growth.
Pathetic Response to Mortgage Rates | Phoenix Real Estate Market
Can anyone show me proof of life in the Phoenix Housing Market?! The fed recently made some major announcements and mortgage rates responded accordingly. Rate hikes have STOPPED and there are plans to cut rates three more times in 2024! So why are we still seeing a lagging Phoenix Real Estate market? I'm talking all about that in this week's video about the Pathetic Response to Mortgage Rates.
Something Different Is Going On in Phoenix Real Estate
Something different is going on in Phoenix Real Estate! National housing headlines are tempting to believe, but remember that the housing market is hyperlocal and Phoenix is no exception! We have an unfair advantage here that gives us an indication of where we are heading. Although the headlines are saying buyers aren't out there, we are seeing something a little different in Phoenix.
How Home Buyers Can Catch a Break in 2024
Check out how Home Buyers Can Catch a Break in 2024! In the Phoenix Real Estate Market Update, Redfin says there will be some adjustment in prices and rates in 2024. Here's why they believe it will give homebuyers a break, but is Phoenix following the same trend? We're off to a hot start of the year already!
Is This The Calm Before The Storm in the Phoenix Market?
Calm Before The Storm In The Phoenix Market? There are some experts predicting the market is going to take off as we get into the spring and we will have much more activity than 2023. The Redfin homebuyer demand index is going up, and we're starting seeing the same trend in Phoenix. Do you think this is the calm before the storm?
More Bad News for Phoenix Housing Market!
The Phoenix real estate market is moving faster than we've ever seen before. This change is bad news for sellers as we quickly appraoch a balanced market, and possibly, a buyer's market in the next few months. *Source: Cromford Report
Home Prices Coming Down?! | Phoenix Real Estate Market Update
The Phoenix real estate market is continuing to move swiftly towards a balanced market. There are a few cities that will see balance by the end of the month! Throughout Phoenix we are facing rising supply and dwindling demand; making this market change fast and furious! *Source: Cromford Report
A Balanced Real Estate Market by August? Phoenix Real Estate Market Update
The Phoenix real estate market is still heading towards balance faster than we expected! With the rate we are heading, will we be there by Mid August? Watch to get all the details about the Phoenix market and why it seems reasonable we could get to market balance in Phoenix. *Source: Cromford Report
Phoenix Real Estate Market Softening Quickly! Now vs. 2008
The Phoenix real estate market is still experiencing a decline away from a seller's market at a pace never seen before. What's the difference between today and 2008? Watch to find out! *Source: Cromford Report CaitlinMcKeague@gmail.com | 520-631-9047
Phoenix Real Estate Market Changes
The Phoenix Real Estate Market has been seeing a lot of changes of the last few months so let's look back to see where we started in January 2022 and how things have progressed in the phoenix real estate market through May. *Source: Cromford Report CaitlinMcKeague@gmail.com | 520-631-9047
Another Week of Seller Market Decline | Phoenix Real Estate Market Update
The Phoenix real estate market is beginning to see every major city move out of an extreme seller's market and closer to balance. Will we actually get there? Watch to get all the details! *Source: Cromford Report CaitlinMcKeague@gmail.com | 520-631-9047 📞 Want to chat? Schedule a call with Caitlin: <a href="https://bit.ly/chatwithcaitlin">https://bit.ly/chatwithcaitlin</a> 🌟Instant Home Valuation 👉🏼👉🏼<a href="https://bit.ly/phoenixhomevalue">https://bit.ly/phoenixhomevalue</a> 🌟Search the MLS for Phoenix homes for sale: <a href="http://bit.ly/3cg8uNR">http://bit.ly/3cg8uNR</a> ✅ REQUEST YOUR PHOENIX RELOCATION GUIDE HERE: <a href="https://bit.ly/3ctw35a">https://bit.ly/3ctw35a</a> 💥 INSTAGRAM: <a href="https://bit.ly/caitlinIG">https://bit.ly/caitlinIG</a> <a href="https://bit.ly/desertdreamersIG">https://bit.ly/desertdreamersIG</a> 💥 FACEBOOK: <a href="https://bit.ly/caitlinfacebook">https://bit.ly/caitlinfacebook</a> 💥 TIKTOK: <a href="https://bit.ly/caitlintiktok">https://bit.ly/caitlintiktok</a>
Phoenix Housing Market - The Next Domino Falls!
The Phoenix real estate market is continuing on the softening trend, and the next domino is about to fall. The Phoenix Listing Success Rate is heading downard which means fewer homes are selling successfully and sellers are losing leverage. Watch to find out all the details! *Source: Cromford Report
3 Trends to Watch! Phoenix Real Estate Market Update
The Phoenix real estate market continuing on the softening trend, and I'm sharing 3 things you need to watch for in the Phoenix market BEFORE home prices come down. Find out the Contract Ratio in your City!: <a href="https://bit.ly/contractratioinyourcity">https://bit.ly/contractratioinyourcity</a> CaitlinMcKeague@gmail.com | 520-631-9047 📞 Want to chat? Schedule a call with Caitlin: <a href="https://bit.ly/chatwithcaitlin">https://bit.ly/chatwithcaitlin</a> 🌟Instant Home Valuation 👉🏼👉🏼<a href="https://bit.ly/phoenixhomevalue">https://bit.ly/phoenixhomevalue</a> 🌟Search the MLS for Phoenix homes for sale: <a href="http://bit.ly/3cg8uNR">http://bit.ly/3cg8uNR</a> ✅ REQUEST YOUR PHOENIX RELOCATION GUIDE HERE: <a href="https://bit.ly/3ctw35a">https://bit.ly/3ctw35a</a> 💥 INSTAGRAM: <a href="https://bit.ly/caitlinIG">https://bit.ly/caitlinIG</a> <a href="https://bit.ly/desertdreamersIG">https://bit.ly/desertdreamersIG</a> 💥 FACEBOOK: <a href="https://bit.ly/caitlinfacebook">https://bit.ly/caitlinfacebook</a> 💥 TIKTOK: <a href="https://bit.ly/caitlintiktok">https://bit.ly/caitlintiktok</a>
Market Slowdown! Phoenix Real Estate Market Update
The Phoenix real estate market is softening and today I'm sharing the factors impacting the market. Less demand and more supply seems to be the new trend. Interst rate hikes and buyer affordaiblity are a concern on a national level. Is the Phoenix market heading towards balance? Time will tell. *Source: Cromford Report
Caitlin McKeague - Your Phoenix Real Estate Broker
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I am a Phoenix Real Estate Broker giving you weekly insights to what is going on in the Phoenix market! Here you can find weekly updates, stats, and trends about our market, in addition to real time stories about my experiences with clients!
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