Ahh, cool mornings are upon us in the desert!  This is the time of year when we take a collective sigh and start to spend more time outside.  The season starts to change, albeit slowly.  But the morning temperatures are now in the low 70's.  With low humidity, this is a welcome break from summer heat!  There are also some chores to be done!  Filtering/limiting the sun on south and west facing windows is key to stopping heat gain during hot summer months.  But it's dusty in the desert.   As temperatures drop, our air conditioners don't turn on at night since it's cooler outside at night.  You should see a drop in your electric bill.  But there are some things you can do to further reduce your energy bill.  When the daytime temperatures drop as well, it's time to remove those sunscreens a... 09/23/2023

The housing market for Tempe, Arizona,  85283 feels like a repeat of early 2022!   Sales are quick and there are very few homes for sale in 85283.   The focus of this report will be for homes about 1500 square feet that are priced between $400,000 and $600,000.   The zip code 85283 is south of Arizona State University, with a student population of over 74,000 students in Tempe.   ASU also has campuses in downtown Phoenix,  Glendale, Mesa and a new Innovation Center being built near Mayo Hospital in Phoenix. So the total student population is well over 100,000.  Rental homes are common in the Tempe area and in demand.  The population of the City of Tempe is over 118,000 people not including ASU students.  Tempe is a diverse city with plenty of entertainment options.  These include activi... 09/26/2023

The Phoenix Housing Market is mirroring many housing markets across the country.  With low inventory, fewer sales, and increasing prices..  The main photo for this post clearly illustrates that supply level declines are a real issue in Phoenix.   Inventory dropped 37% year over year in Phoenix as of September 24, 2023. These charts are provided by subscription to the Cromford Report.   The current supply of homes available for sale in Phoenix is fewer than 2019 levels!  Inventory has increased slightly,  coinciding with the rise in interest rates.  Those on the sidelines, thanks to interest rate increases, will be back once rates drop but in competition with many other buyers.  , The number of days it takes to sell a home increased sharply beginning April 2022, but has been on the decli... 09/28/2023

SNOOZE YOU LOSE! Have you been dreaming of a new home and missing opportunities? Would you know it if there was a MOTIVATED SELLER and miss out on the home of your dreams when another buyer beats you to the table with a great offer that is accepted? Well, WHAT are you waiting for when there are MOTIVATED Sellers? It may be a long wait similar to a RIP VAN WINKLE snooze/nap. SNOOZE YOU LOSE in Real Estate! Rip was the man author Washington Irving wrote about that had napped for 20 years in the Catskill Mountains and the world had changed so much after his long snooze. (Photo: Nap in Hammock, by Jeff Masich)Rip Van Winkle snoozing in yard, by Justinthewind, Pixabay. WAKE UP RIP...Make an OFFER to the MOTIVATED SELLER!You may be snoozing also, just dreaming of that special home and the MOT... 09/27/2023