Steady Compass Real Estate

Hope everyone's having a good week. Interesting Bloomberg article from today about the housing market:

Why High-Flying U.S. Home Prices Are About to Get Another Jolt The U.S. housing market’s storyline for the last several years has been one of steady demand and limited supply, pushing prices ever higher. Now, a new chapter has opened up for the industry and its customers: soaring costs for building materials.

The Central Phoenix market is HOT! Call me if I can be of any help with your real estate needs.

SOLD! Full-price offer in two days - 3609 E. Piccadilly Rd. Beautifully updated, move-in ready home with 3 beds / 1.75 baths. The kitchen features granite countertops, all stainless-steel appliances including a gas stove, gas wall-oven w/ built-in microwave, plenty of newer cabinet space, and 16” travertine tile. Kitchen openly flows into an inviting living room with plenty of natural lighting. Updated bathrooms feature newer vanities, lighting, and hardware.

SOLD! Full-price offer in one day. - 1822 E. Oregon Ave in Phoenix. Beautiful Madison Park Remodel. 4 beds, 1.75 baths features an open kitchen with quartz countertops, under cabinet lighting, ample storage room, gas oven, high-end GE stainless steel appliances, and hand scraped maple wood floors. MLS #: 5718385.

Here's a good article about the nationwide state of home prices from Diana Olick of CNBC. It's interesting to note that only about 5% of homes in the Phoenix area are back to pre-recession values. Click here for the full article.
http://www.mikegagnonrealestate.com/2017/05/04/new-report-explains-why-home-prices-will-not-recover-fully-until-2025/

New report explains why home prices will not recover fully until 2025 Here's a good article about the nationwide state of home prices from Diana Olick of CNBC. It's interesting to note that only about 5% of homes in the Phoenix area are back to pre-recession values. Click here for the full article.