Randy Thompson

05/30/2024

Happy Thursday!👊

05/31/2023

08/07/2022

The Hustle surveyed 3k+ renters and landlords to find out how much rent has gone up in 2022, and what’s driving the surge.

06/04/2022

MARKET UPDATE:
In the last 5 weeks, the market has been cooling quickly. We expected a downward trend but did not anticipate it would be slowing as quick as it has been. We will shortly be entering the third quarter, which is usually the weakest time of year for the Greater Phoenix housing market.
Even in a good year, prices tend to drift lower during the third quarter.
Supply is growing fast
Demand is weakening
Sales volumes overall are in a decline
More asking prices are being lowered
Listing cancellations and expirations are starting to rise
Keep in mind, that we are still in a seller's market as inventory levels are still well below what is considered a balanced market, but with things cooling down at a rapid rate, we very well could be back at a balanced market in the next few months.

Randy Thompson
Thomspon Group
480-244-9003
[email protected]
MHG

11/17/2021

Housing prices globally are rising at their fastest rate since 2006. Here's what one Valley expert says it means.

10/20/2021

"It rattles in the house but not only in the house, but outside it sounds like someone is jackhammering."

10/13/2021

Homebuilding permits are still up nationwide, but here is what's happening in the Valley.

08/30/2021

We are growing and attracting so many great opportunities throughout the Valley!

An Arizona economic development group on Tuesday said it had made a deal with Taiwanese economic development officials aimed at making the U.S. state more attractive to Taiwan's semiconductor industry as the world's biggest chipmaker eyes a $12 billion plant in Phoenix.

08/30/2021

I thought it would be nice to take a trip to the art gallery today! Happy Monday!

Explore the virtual gallery here! The curated selection of local artwork can be viewed at your own pace or by playing the guided tour.

05/25/2021