Scottsdale Blog

2020 started off with an extremely strong real estate market. The first quarter of 2020 reported the highest gross dollar volume sales in Arizona MLS history. The average sales price was up 11.2% year over year, while inventory was down 21.3%. The small supply of homes on the market was pushing the average sales price higher. It has been several weeks since the Coronavirus public health crisis started and the ...
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Currently, the State of Arizona is under a "Stay Home" order except for essential businesses. Real Estate was declared to be one of those essential businesses. Real estate brokerages, Realtors and title companies are thus still working through the crisis. However, most buyers are following recommendations from the State of Arizona and the CDC to stay home. This is really the wisest course of action during the pandemic. I hope ...
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On March 23rd, 2020, Governor Doug Ducey issued an executive order outlining Essential Services for the State of Arizona. According to the order, real estate is considered an essential service. This includes Realtors, real estate brokerages, mortgage companies, and title companies. The real estate industry is critical in our economy and we take that responsibility seriously. Our team remains committed to working for you during this turmoil. We continue to ...
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Our primary concern during this pandemic is for everyone to stay safe. Please continue to practice safe social distancing so we can end this pandemic. During this turmoil, many clients have reached out to me about how COVID-19 will affect their ability to get a mortgage. This is something that you should discuss directly with your loan officer. Changes are sweeping through the mortgage industry on a daily basis. The ...
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The COVID-19 pandemic has caused turmoil throughout the world. I hope everyone stays home and stays safe during this unprecedented time. Our team is following CDC guidelines and are working remotely for the foreseeable future. We are continuing to help clients while complying with safe social-distancing recommendations. The Scottsdale real estate market has slowed down considerably. Most buyers are waiting to see how this turmoil will affect prices. Many sellers ...
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The influx of new residents from California to Arizona has been increasing in the past few years. Arizona is naturally very attractive to Californians for several reasons. Arizona has much lower taxes, lower cost of living and more affordable homes. Californians moving to Arizona is one of the busiest migration patterns in the USA. Between 2010-2018, over 500,000 people moved from California to Arizona. There were 68,000 people moving that ...
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