inception-app-prod/N2I5ZGQ5MzItOTQ5Yi00NmRhLWFiNjAtNTdkNzFkZmZlYTVj/content/2023/08/33e0bd680105b94e8ac7ab49db09c1cb598f5ed8.png
inception-app-prod/N2I5ZGQ5MzItOTQ5Yi00NmRhLWFiNjAtNTdkNzFkZmZlYTVj/content/2023/08/33c740ada56850eb0efec4e26d00ab868bc62788.png
CALL US: (480) 313-4697
inception-app-prod/N2I5ZGQ5MzItOTQ5Yi00NmRhLWFiNjAtNTdkNzFkZmZlYTVj/content/2023/08/33e0bd680105b94e8ac7ab49db09c1cb598f5ed8.png
inception-app-prod/N2I5ZGQ5MzItOTQ5Yi00NmRhLWFiNjAtNTdkNzFkZmZlYTVj/content/2023/08/33c740ada56850eb0efec4e26d00ab868bc62788.png
inception-app-prod/N2I5ZGQ5MzItOTQ5Yi00NmRhLWFiNjAtNTdkNzFkZmZlYTVj/content/2023/08/33e0bd680105b94e8ac7ab49db09c1cb598f5ed8.png
inception-app-prod/N2I5ZGQ5MzItOTQ5Yi00NmRhLWFiNjAtNTdkNzFkZmZlYTVj/content/2023/08/33c740ada56850eb0efec4e26d00ab868bc62788.png
inception-app-prod/N2I5ZGQ5MzItOTQ5Yi00NmRhLWFiNjAtNTdkNzFkZmZlYTVj/content/2023/08/efe19b26c2d7b1b0abcd8a5105739f6c729356e3.jpg

We’ve expanded to Southern Arizona

Gannon Hamilton Real Estate,

Happy March!  Normally we would be getting ready for Client Appreciation Spring Training game at Tempe Diablo Stadium (Go Angels!) but the lockout and late Spring Training start didn’t allow for that this year.  Still a lot going on though!  

  • We are excited to announce that the Gannon Hamilton AZ Real Estate team has expanded our services into the southern Arizona area!  Are you in that market?  Know someone who is?  Even if it’s just a conversation about the current real estate market, we are there for you and your family and friends.  Reach out if you need anything or have questions.

  • Life is stressful. Massages help! As part of our ongoing #SpotsWeLove campaign, Ryan went and visited the Chandler location of Hand and Stone Massage and Facial, and it was amazing!  Big thank you to our friend and client, Matt Dawson, for having me. Extra big thank you to Brittany for the amazing massage!  Check out this 90-second video about my visit and be sure to checkout https://www.handandstonechandler.com/!

  • Finally, here is your Market Update!  It will come as no surprise that we are still seeing the average sales price and price per square foot rise at record rates. With inventory still historically low, there is no indication that prices will begin to level out or reverse anytime soon. What is notable since last month, according to The Cromford Report, is that there are a reported 13% fewer owner-occupied purchased homes compared to last year. This number seems to make sense when considering that Cromford is also reporting a 24% increase in homes purchased for rental use and 20% increase in homes purchased as second homes or flips. These numbers support what most buyers and agents are experiencing – it continues to be a highly competitive market for traditional buyers. 

    On a national level, the conflict in Ukraine could have an effect on current interest rates. Historically, rates go down in the short-term, but later increase due to international sanctions which can cause inflation. The National Association of REALTORS® is reporting a steady month-over-month decline in transactions nationally. The steady decline is due to the continued lack of supply.  

    Although there still seems to be quite a bit of uncertainty with rates and inventory, market experts still hold true to this not being a “bubble” or leading to an imminent crash. Mortgage rates are still very low, which is wonderful for buyers, and sellers remain in the real estate driver’s seat. 

 

As always, let us know how we can help you with your real estate goals!

Print Details