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I hope all is well with you. How has your fall been?

Earlier this year, Sotheby’s International Realty announced its second highest sales numbers in 2022 with US$167 billion in global sales volume. 2023 thus far has shown to be hard to translate how macro-economic trends are impacting the value of any specific home.

Have you seen the recent headlines?

• “A Recession Is Coming, But the Housing Market Won’t Trigger It.” – Bloomberg
• “Why isn’t the housing market behaving the way it’s supposed to?” – CNN
• “Housing market inventory is so tight that only one of the nation’s 100 largest markets saw a home price decline in May” – Fortune

As long-standing market leaders, Sotheby’s International Realty has proven success, even through tough markets. You need someone who can succeed no matter the circumstances.

As part of my service to you, I offer the opportunity to review your current real estate portfolio, your most valuable assets.

When you list your home for sale with me, you benefit from the unmatched prestige of Sotheby’s International Realty, gaining exclusive access to highly qualified global clientele. Plus, your home receives unparalleled exposure on sothebysrealty.com, our award-winning website which attracted 48 million visitors in 2022.

You also benefit from our great strength in public relations and social media. Sotheby’s International Realty is the #1 most profiled luxury real estate brand in the news. Plus, we have over one million social media followers and an award-winning YouTube channel.

Wherever you are in the world, our team of specialists in 1,100 offices in 81 countries and territories is at your disposal to provide advice, market insight, and valuations.

If you are considering a move, it would be a privilege to help you discover the current value of your property.

If you have any questions, please give me a call.

OPEN HOUSE 9/16/2023 –

11:00 AM – 2:00 PM

OPEN HOUSE 9/16/2023 –

11:00 AM – 2:00 PM

OPEN HOUSE TODAY –

11:00 AM – 3:00 PM

I just completed the Summer market report with the latest real estate numbers, and I thought I’d share them with you! As always, if you have any questions, please don’t hesitate to reach out and I’d be glad to help! Hope all is well!

Update on Median Days on Market in Our Communities:

As we continue to monitor the local real estate market, we wanted to provide you with an update on the trend we previously discussed. In the past month, most areas in our market have continued to experience a slight increase in the Median Days on Market, although typically by just one or two days.

The Median Days on Market metric remains a critical factor in understanding the pace of home sales. The ongoing increase suggests that homes are taking slightly longer to sell before finding interested buyers in our area.

For sellers, this reinforces the importance of employing strategic pricing strategies, implementing effective marketing techniques, and making their homes stand out in a competitive market. Working with experienced professionals who understand the evolving buyer preferences can significantly enhance the chances of a successful sale.

On the other hand, buyers can still benefit from this increased Median Days on Market. The additional time allows for a more thorough exploration of available properties, increased negotiating leverage, and the opportunity to conduct comprehensive due diligence before committing to a purchase.

At MSIR, we remain committed to staying informed about the local market trends. Our team’s expertise and dedication empower us to guide both buyers and sellers through these changing dynamics, ensuring that their decisions are well-informed and aligned with their goals.

If you have any questions or would like personalized insights into the current market conditions, feel free to reach out to us. We’re here to assist you every step of the way.

#RealEstateUpdate #MarketTrends #MedianDaysOnMarket #BuyersAndSellers #ExpertGuidance #MSIR

For more detailed information on over 60 area communities, take a look at our latest Market Report!

Are you considering a move to the Phoenix or Scottsdale area? As relocation specialists with years of experience in the local real estate market, we can help you find the perfect home for your needs.

With our expertise, you can rest assured that you’re in good hands. Whether you’re looking for a retirement community, a family-friendly neighborhood, or a luxury property, we have the knowledge and resources to help you find what you’re looking for.

Don’t settle for anything less than the best. Contact us today to learn more about our relocation specialist services and how we can help you make the move to Phoenix or Scottsdale.

Contact us today. Discover what’s next.

Even with the current mortgage interest rates hovering somewhere between 4-7%, depending on your financial profile, this is still nothing to complain about. In the early 1900s, homebuyers typically had to pay a 50% down payment with a 5 year amortization period. This meant that those who bought a house or property typically already had a lot of money. If you were buying a $100,000 house, you would have to pay $50,000 and pay off the remaining $50,000 within 5 years.

So let’s go shopping for your new house!!!! Call me.

Read about the history of mortgages with this fine article.