Evidence-based housing market update for the Phoenix, Arizona housing market update Trevor Bragg - Realty One Group 480-245-8166 TrevorBraggRealty@gmail.com Reach out for my FREE moving to Phoenix Guide: TrevorBraggRealty@gmail.com
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@TrevorBragg-1Ай бұрын
Thinking of buying or selling in Phoenix? Call or email me at 480-245-8166 or TrevorBraggRealty@gmail.com
@mirkoelek3 ай бұрын
Finally video done right without fear mongering or blowing things out of proportion. Thank you!
@jamesmccallum86193 ай бұрын
Looking at Mesa , Flagstaff, show low some of those are jobs in the valley are not paying to be able to afford those prices and that’s not to include your utilities home insurance , Tax’s and food prices .
@jamesmccallum86193 ай бұрын
It dose not help when California move here after selling there homes and paying the current asking home prices for cash
@jamesmccallum86193 ай бұрын
Still overpriced by 41 to 61 % compared to your earnings your numbers are Wong and a lot are on the market over 100 days they just take of the market for 30Days or more then put it back on the market so it does not look like it’s been on the market for more than 40 or 50 days
@TrevorBragg-13 ай бұрын
I would say maybe 5% of homes actually do what you are saying with putting it back on the market and resetting the days. The time only resets if they take it off the market for 45 days. This is also dependent on the price of home. My numbers are the average across all homes, but if you are primarily looking at a luxury home, then yes 100 days will be more normal. But a starter home at 400k will easily sell in 1-2 weeks still. The MLS data is the best database for real estate research and it is where every site you find online aggregates its data from. I also never provided any earnings numbers. So I’m not sure where you are getting that info from.
@jamesmccallum86193 ай бұрын
And the way the economy is going this year they will move out as they have in the past and that will cause the house to drop
@justins75856 ай бұрын
Love your video analysis - thank you sir!
@TrevorBragg-16 ай бұрын
Thank you!
@chriswebb47976 ай бұрын
where is the inventory growing? If the 2018 market was split into 8 sequential sections, 1/8 being the lowest and 8/8 being the highest, where is the growth coming from 23 to 24 Jan/Feb inventory? 5/8,6/8, and 7/8?
@TrevorBragg-16 ай бұрын
I’m not sure what you mean by the 8 sequential sections. The inventory is growing. Thats what’s happening. If you are asking why it’s growing, I think it is sellers realizing that rates won’t go down and are going to have to accept if they want to buy it is with a higher rate
@chriswebb47976 ай бұрын
@@TrevorBragg-1 Sure, I do not think I was clear on what I mean. I put together a video on what I would look at using 4 sequential sections (basically quadrants) of the market. I do not have access to the MLS data, so I used Redfin. If I did I would like to see if the listings are on the high end or not. Here is the video, it is longer, but I go into the buyer timeline, statistical medians within a market, and how the sales price looks within these markets. My thought is that sales might drop, but (again) prices will rise. kzbin.info/www/bejne/f4qXcolmYtlgiJo
@mdnahidseo6 ай бұрын
Hi Are you looking for a professionals KZbin thumbnail designar?