The prices of homes in Scottsdale escalated dramatically during 2021. The average sales price in Scottsdale is up 25% from $1,041,645 to $1,304,697. Several areas of Scottsdale increased even more. North Scottsdale had the most significant price increases. The zip codes of 85262 and 85266 were up a stunning 36% during 2021. The inventory of […]
Phoenix Foreclosure Rate Drops to 1.31% in February
In the Phoenix and Scottsdale areas, mortgage delinquencies continue to fall, and the Phoenix foreclosure rate is steadily dropping. Improvements shown in February from the previous year’s rates are evidence that both the Scottsdale real estate market and that of the greater Phoenix area are indeed stabilizing. According to figures from CoreLogic, the Phoenix foreclosure […]