This week's recap! Rates had a pretty decent week, bounced up a little today. Let's focus on the real estate side of the market. Post Covid we saw about 5,000 sales per month. People are saying no one is buying homes, which is factually incorrect. In September there was a 10% increase with nearly 6,000 homes closing. Rates are slowly coming down, and for the first time we are seeing the number of transactions increase. It's just one month, but this may just be the start of that shift with rates improving. Feel free to leave a comment or a question.

Our apologies for the lack of updates in our Phoenix Homebuyer Launchpad community. You'll be hearing more from us soon. Want to hear on a particular topic of homeownership or the processing of buying? Leave a comment or send me a message.

Just got on the phone with a client who's rent is going from $2,285 to $3,000

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It's a buyer's market but that doesn't mean you can throw lowball offers out and expect them to take. As of May the median closed vs asking price is 97.6%. Therefore, the typical home listed for $400,000 actually closed at $390,400.