Steve Zajdzinski's Blog Posts

So you're looking to buy a foreclosure?

Contrary to what some buyers beleive, there are not many foreclosure properties in our market right now and at the rate of inventory coming to market and lack of trustee sales, this is not a.&

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February Listings under contract headed towards normal

Mid February 2023 update from the Cromford ReportThe recovery in listings under contract since the start of January has been spectacular, as can be seen from the chart below.  Of course, this

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There are no solutions, only trade-offs

With rates doubling this past year, it's made it a bit more difficult for buyers, hence the market has stalled for many sellers and buyers.A couple of items to consider.  When the *perfect home

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A look back at the August 2022 numbers for Scottsdale Luxury

Inventory over $1.1 million climbed 105% from August 2021 to August 2022 from 307 to 630 while units sold dropped 12% from the prior year.  174 sold in August 21' versus 153 sold in August of'

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Here are exciting new details about the Paradise Valley Mall redevelopment

Imagine a destination that exists in the heart of one the oldest, most affluent neighborhoods in Greater Phoenix where live, work, play is uniting the community on a whole new level. Imagine this

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Rising mortgage interest rates will have an effect

Over the last month, 16 of the 17 cities have improved for sellers, mostly due to falling supply. The average change in the CMI over the past month is 9.1%, down from 12.1% last week.However the

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It looks like a gentle cooling trend has developed over the last week

February 15 - From the Cromford Market Report:The Cromford® Market Index hit a peak of 474.7 last week and has since faded back to 470.8.This is not due to supply, since that is still

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Why you don't wait to buy real estate. You buy real estate and wait.

You may not agree with what’s going on right now in the real estate market but…Have you realized that the prices of homes may be more of a reflection of currency debasement and

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Zillow - Pauses - then ceases home purchases

Two of my children have worked at Chick-Fil-A, a successfully run company and closed one day out of the week.  Not bad in today's business climate.  They've built a brand and an image, and

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A lesson from history - A nation cannot live beyond their means in perpetuity

This is another excellent post taken from Simon Black, Founder of Sovereign Man.  What steps might you take in order to prepare your family for future austerity measures that will one day come,

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May 1st -2020 -Why Paradise Valley may be the first to see prices stall

If you are wondering about real estate prices, let's have a conversation. Here's a look at an index which tracks supply and demand in 17 valley cities. Real Estate is always local. It's always a

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Active Listings Fall this week - April 30th

We are seeing active listing counts fall in a number of cities now, reversing the trend of the last few weeks. It looks as though, despite the weaker demand under present conditions, there will

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Good news for "normal buyers"

The kickoff of 2020 was developing into a nightmare for normal buyers who just wanted to find a place to live.  Extreme competition for homes between wholesalers, cash buyers, vacation rental

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Why Inflation ultimately is coming

This family from South America stored their money in 8 NY ApartmentsSouth America has seen its fair share of currency devaluations, social unrest, polictical turmoil and shortages in goods so this

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Phoenix Area Market Summary at the start of April 2020

Market Summary for the Beginning of AprilSince last month's summary the world has been turned topsy turvy by the COVID-19 pandemic. However the Greater Phoenix housing market has changed a lot less

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Phoenix Area Market Summary for start of 2020

The current situation is remarkable.Here are the basics - the ARMLS numbers for January 1, 2020 compared with January 1, 2019 for all areas & types:Active Listings (excluding UCB &):

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