Phoenix real estate market is hot, does that mean another crash? #AskTPREG

Phoenix Real Estate Market

Phoenix real estate market has been hot, does that mean another crash is coming? I have received this question probably a dozen times in the last 5 years. The answer is no. So why does the Phoenix real estate market seem so hot right now? There are a few reasons that are contributing to this. Big speculation is over the boomerang buyers who had foreclosures 7 years ago, and short sales 4 years ago coming into the market. And while that may be a small factor, there are other contributing … [Read more...]

Carino Estates Chandler AZ Market Update

CarinoEstatesMarketUpdate We created a new page for one of our favorite Chandler AZ communities, Carino Estates. Carino Estates is in Chandler's 85286 zip code and stretches for the mile between Arizona Blvd and Alma School Rd just to the north of Queen Creek Road. We are going to work on a monthly market update for Carino Estates starting with this one here. Carino Estates Housing Stats There are currently only 3 active listings in Carino meaning the supply of houses is only … [Read more...]

Luxury Condos may be the best bargain in the Phoenix housing market

Phoenix Luxury Condo

I was recently asked on Periscope (follow me at @DeanOuellette for home tours) about the market and if there are any good deals in the Chandler and Phoenix housing markets. If you were to ask me what the best deals in the market are right now, I would say luxury condos. Typically the luxury market trails the median part of the market by about 12-18 months in Phoenix, and condos trail single family detached homes by about a year, too. So to get a good idea of what the future holds in store … [Read more...]

Open House: 651 E Stottler Place in Stonegate Crossings

Stonegate Crossing Living room

Who is ready for some open house fun on Saturday July 18th from 9am until 2pm at 651 E Stottler Place in Chandler. The home is located in the Stonegate Crossings subdivision in NE Chandler off McQueen and Warner Rd. If you come on by the open house between 11am and 1pm Shane Hollenback from Academy Mortgage will be joining us and grilling up some hot dogs. Give us some feedback on the house and be entered in to win a gift card to Best Buy, Lowes, Red Lobster and more. Here is the … [Read more...]

This week’s social follow of the week is @EastmarkAZ

Eastmark visitors center

Encompassing five square miles in the East Valley, Eastmark will blend together residential, retail, tourism, recreation and employment into one destination. That is the Twitter bio for @EastmarkAZ. We have focused a lot recently on Eastmark Mesa. With good reason. This new community is selling out fast. The three members of Phoenix Real Estate Guy recently received a tour of the facilities, and all three of us were very impressed with the master plan, the homes, the open spaces and the … [Read more...]