Mixed Market, Scottdale Condo SELL OFF?

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Phoenix Arizona Real Estate

Phoenix Arizona Real Estate

Күн бұрын

National news is saying that buyers are on strike in the real estate market. What is going on in your city in Arizona? Join us for a live Q&A
If you are thinking about locating to the Phoenix area we'd love to help you. We can help you navigate the Phoenix, Arizona area.
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Пікірлер: 13
@timothyyoung4061
@timothyyoung4061 6 күн бұрын
The storms are and will cause interest rates , home insurance and car insurance to go way up . This will make homes even more unaffordable.
@jamesmcnamee529
@jamesmcnamee529 6 күн бұрын
great info guys!
@Rickhelps
@Rickhelps 6 күн бұрын
Thanks for watching!
@2023Red
@2023Red 6 күн бұрын
@Rick. I interviewed a listing agent yesterday. I asked if her suggested list would be below market or at or above market and why. She said below market to get offers quickly. My question to Rick is does that sound like a good idea? I never argue on an interview just take notes to consider what I heard.?!Rick, could you reply with what is a reply to that? Good bad or it depends which is the nonsense reply I get sometimes. Thank you!
@Rickhelps
@Rickhelps 6 күн бұрын
@@2023Red First of all what is your price based on your research? Then you need to to have a pulse for the market. Inventory vs supply varies by area. If the market is shifting to below balanced you have no choice but to price below comps. That does not insure higher offers. That was a 2021 strategy. Today you simply need to know your range and bottom price. It leans towards quality of the listing at a fair price. Any price far below current market will get attention but not necessarily multiple offers today.
@2023Red
@2023Red 5 күн бұрын
@@Rickhelps thank you. I will remember that! Robert
@Rickhelps
@Rickhelps 4 күн бұрын
@@2023Red what part of the valley is your home?
@2023Red
@2023Red 3 күн бұрын
@@Rickhelps We have two in San Antonio and one in Avondale. We plan to exit Texas then buy in chandler to south Scottsdale in a year. We are uncertain though as demographics heavily influence us. I note Phoenix is the nation’s capital in meth users. Seattle is number two. Even worse than Philly per capita. It appears we do not have the will to end it.
@Rickhelps
@Rickhelps 3 күн бұрын
@@2023Red I have not seen the meth use in our suburbs. Perhaps the Phoenix stats differ. Gilbert was recently rated #6 as a place to raise a family.
@youtubecarspottersguide1
@youtubecarspottersguide1 5 күн бұрын
can one buy a nice home for the av sales price?
@Rickhelps
@Rickhelps 5 күн бұрын
that is a very open question. What is a Nice home? Avg sales price is simply the number of homes sold divided by the sales price to get an average.
@timothyyoung4061
@timothyyoung4061 6 күн бұрын
Many companies that own air b n a plane n Florida and Asheville are taking huge loses and need to sale their other locations like Scottsdale to survive a bankruptcy
@Rickhelps
@Rickhelps 6 күн бұрын
@@timothyyoung4061 That remains to be seen since we don’t know the percentage of short term rentals in Scottsdale owned by companies.
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