Posts by Emily Marek

Phoenix shows one of the largest dips in median sales price

MLS data shows that Phoenix’s median sales price reached $450,000 in February 2022. A year later, that price dropped 7.8% to...

Rents continue to creep up in Phoenix, but stall in Scottsdale

Month-over-month increases in rental costs have slowed across the country, but it’s still more expensive to rent a one- or two-bedroom apartment in Phoenix than it was last...

Lessen names new president and CSO: Joshua Swift and Michael Krumwiede

As president, Swift will strategize growth for Lessen’s residential services while Krumwiede, as CSO, will lead scalable business plans and oversee expansion opportunities, as well as capital markets...

Arizona REALTORS®’ Step Up 2023 Conference coming up soon

Arizona Realtors from all over the state are invited to learn, connect and strategize at the event, which is themed “stepping up” to help create a better business for...

Redfin: Seller concessions on the rise again

Increased mortgage rates have sidelined many would-be buyers, allowing inventory levels to increase. As a result, buyers can now “shop around” more than during the peak of the pandemic, putting the burden of concessions back on...

Local inventory continues to rebound, says Phoenix REALTORS®

Closings increased by 31.7% month over month, with 5,341 home sales completed in February. Additionally, the average sales price edged up from $539,617 to...

Andrea Crouch named Phoenix REALTOR® of The Year

Phoenix REALTORS® named Andrea Crouch their 2022 REALTOR® of The Year. Crouch served as the president of the board of directors last...

Multigenerational homebuying and mortgage-readiness fueling Latino homeownership rates

"Latinos are more mortgage ready. Latinos have made strides in income and are more educated in the homebuying process," said Nidia Fromenta Peguero of Century 21 North East in Danvers, Massachusetts. "They don't want to rent...

Arizona lost one ‘million-dollar city’ in the past six months

Arizona had only three million-dollar cities in July of last year. However, that amount has decreased to two in the past six...

Hamilton Zanze rebrands Ironwood at Happy Valley apartments

“We believe Ironwood at Happy Valley will be an asset to the local community for years to come," said Hamilton Zanze Chief Investment Officer, David...

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