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June 2015: Phoenix/Scottsdale Real Estate Market Update
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Cromford Report Market Index

June 2015 Market Update
 
JamaicaDid you have a good July 4th? Mine wasn't too American, but that's because I'm in Jamaica, on the island where I was born, to celebrate my brother's wedding. It is GREAT to beat the heat and have a beach view for a week. Since July can be a really hot month in Phoenix, those willing to brave it can cash in on some awesome deals (see Montelucia's Joya Spa).

In real estate: June looks like it will be the best month for closed sales in 2015 and is also the 2nd highest for closed dollar volume (total $ of closed sales) since 2006 and higher than any month before March 2005. It's also the reason I'm sending my update to you in July, not June. I've been working hard!

In a nutshell, the $175K-600K & $3M+ markets are up (read my blog for details). Condo sales are up due to the lack of SFR homes at/under $200K. "Know before you owe", the CFPB (government's) plan to better regulate lending, title/escrow & real estate was pushed back to 10/1/15 to work out more kinks (details here). And finally, interest rates are trending up. Use this summer to finish your real estate transactions before near-perfect conditions (selling or buying) become old news...

If you have questions about any of this info or would like me to share property-specific info with you, please just call, text or email me for the latest info!

Camille Swanson












 


Camille Swanson, Realtor®
(602) 810-1750 Mobile

I LOVE my clients and want more just like you! Please share this email or send me the name & number of anyone you know who would like to sell or buy a home. I will gladly reach out and take GREAT care of them.
 
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Phoenix Metro Market by Price Range

June 2015 Market Phoenix Metro Recap


A lot happened between May and June. It’s 2A and I’m working on this long-overdue blog after a solid month of listing and selling. June is turning out to be another good month for real estate in the Phoenix Metro area. Read more.
ARMLS Active Listing Counts

ARMLS: 16,586 Active Listings in Maricopa County (and Falling?)
 

About 3 years ago, nearly to the day, a few of my blog posts started with something like ARMLS: Active XX,XXX listings in Maricopa County. Today, our market today could warrant a similar title. Read more.
Metro Phoenix Condo Stats

Metro Phoenix Condo Market Sizzles

 
During the recession, condos were hit hard and came back more slowly than it’s single-family cousin. Today, as affordable options become more scarce for the demographic helping to fuel the market recovery, condos are making a comeback! Read more.
If your home is currently listed for sale, this is not a solicitation for your business. If you have a real estate question, I can answer it for you or help you find the answer. If you have a real estate need, I appreciate the opportunity to earn your business.
If your home is currently listed for sale, this is not a solicitation. - See more at: http://www.c21nm.com/blog/winter-2015-real-estate-newsletter/#sthash.91C7cbWE.dpufIf your home is currently listed for sale, this is not a solicitation. - See more at: http://www.c21nm.com/blog/winter-2015-real-estate-newsletter/#sthash.91C7cbWE.dpuf
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Copyright © 2015 Camille Swanson, PC | Realty Executives- Paradise Valley, All rights reserved.


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