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Real Estate Marketing Statistics April 2019

Mortgage Payments Drop $50 per Month on a Median Priced HomeListings Under Contract Up 19% in 5 Weeks! For Buyers: Buyers got a break last month as 30-year mortgage rates dropped significantly from an average of 4.41% to 4.08%, which is the lowest they have…

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Real Estate Marketing Statistics March 2019

Price Reductions up 71% on Listings $200K-$250K Sellers: Get Competitive, It’s “Buyer Season” For Buyers: Good news for buyers over the past few weeks, interest rates came down a few notches. That combined with the increased loan limit for conventional financing gave buyers a little…

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Real Estate Marketing Statistics February 2019

List Price Reductions up 24% in Greater Phoenix, Up 42% in Some Areas Sellers: Stop Trying to Time the Market For Buyers: A weak 4th quarter for sales in 2018 has resulted in 11,874 price reductions in the first 5 weeks of 2019.  That’s 24%…

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Real Estate Marketing Statistics January 2019

Greater Phoenix Buyer Contracts Down 15% It’s Still a Good Time to Sell… For Now For Buyers: The monthly average interest rate rose to 4.64% in December 2018, up 0.69% from the previous December’s 3.95%. For buyers who will purchase at the current median sales…

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Real Estate Market Statistics – March 2018

Median Sale Price up $20,000 over March 2017 17% of Sales are Closing Over Asking Price Phoenix Home Buyers: The percentage of seller concessions awarded to buyers has dropped down to 24% in the first quarter of 2018 after 2.5 years of consistently landing between…

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