Real Estate Update with Steve Williams

09/24/2023

August 2023 Real estate update:

The median purchase price for a single family home in the Greater Phoenix area went up 1% since Julu 2023. Sales were up 2.1% compared to July 2023. New monthly listings were 9.1% higher than July 2023. The thirty-year fixed mortgage rate was 7.0% compared tp 6.8% In July. Arizona is still a top destination for relocation. People and companies are bringing net positive tax income to our state. So overall real estate remains stable and positive for the Greater phoenix area. Call me if I can help with your real estate needs 480 329 6007.

04/27/2022

Coming to Glendale in 2023 and bringing 1,800 jobs!

COMING IN LATE SPRING OF 2023 - VAI Resort will be the largest hotel and entertainment destination in Arizona. VAI Resort has transformed into Arizona’s first multi-dimensional entertainment mecca. Featuring over 1,200 luxury hotel suites and rooms (YES, we said 1,200), a large state of the art 360-degree concert stage 🎤, 13 elevated fine dining concepts, flowing white sand beaches 🏖, and pristine Caribbean-blue water 🌊. A 52,000 square foot island will be a center point for this unique 60-acre entertainment resort. Who’s ready to visit VAI RESORT???



For full announcement and details: https://bit.ly/3vHiIkZ


VAI Resort City of Glendale, Arizona - Government

01/12/2022

I-17 closed this weekend between Northern to Peoria for construction of light rail bridge

If you’re traveling to other parts of the Valley this weekend, be sure and plan accordingly. Interstate 17 will be closed for construction. A stretch of Interstate 17 between Northern and Peo…

07/14/2021

West Valley Expolding With Growth!

The West Valley is a growing region with 1.7 million residents and an expected population of 2.1 million by 2030. Here's why it's booming.

07/01/2021

No other county gained more people than Maricopa County in 2020. Maricopa County gained 238 people per day or 86,820 in 2020. Our real estate will remain steady because of the high influx of people and low inventory. Inventory competition will remain high as prices continue to rise. Buckle your sear belts folks!

05/19/2021

Coming soon to Glendale!

A developer planning to build a swimming lagoon and entertainment destination in Glendale closed on the land for the project Friday.

04/07/2021

More industry coming!

Tesla Inc. is building a 30,000 square-foot service center in Glendale’s Westgate Entertainment District, the city announced April 6.

03/24/2021

The first quarter of 2021 is another record breaker for real estate in the greater Phoenix area. The supply of available homes is low while the demand remains high. People are moving here from high tax states in droves! The median purchase price for a single-family resale home is getting close to $400,000 and the demand will continue to remain stronger than the supply. Because of this buyers are waiving appraisals and inspections in order to increase their chances for getting their offers chosen. The real estate industry leadership predicts this will continue to be a strong market for the future.

09/01/2020

The greater Phoenix Residential Market( Maricopa County) is the best performing market in our country! Low mortgage rates are fueling this busy market despite home prices going up. The supply of homes for sale is still low and the demand to find homes is high...I am seeing bidding wars for every sale I have! One of my listings had 33 showings in 24 hours with 22 offers and ended up selling $25K over asking price! The median purchase price for a home in Maricopa County has risen to $350,000.

07/30/2020

More industry coming our way....more jobs and more homes to sell!

An economic observer might give Goodyear an AA rating for July.

07/22/2020

More jobs coming to Arizona...more real estate to sell!

Amazon paid nearly $20 million for 91.5 acres along Loop 303 in Goodyear. The company won't say what's planned for the site.

05/02/2020

Maricopa County has had great personal income growth, job growth and population growth. These factors have led to a big demand in the housing industry with a very limited supply of inventory. This makes this a seller's market with buyers competing for homes. Thus, home prices have continued to increase. Even with the Corona situation we are seeing daily new listings and sales. Even with the temporary job losses we are seeing due to the virus demand has increased by the number of people moving here. The Phoenix market is still strong and we will get through this Corona situation soon hopefully. Stay healthy and keep safe.