AZ Real Estate Chat

Wednesday Morning Market Update: The number of property visits has dropped a little each week for the last 4 weeks, and dropped more steeply last week. Holiday weekends like Mother's Day often see a decline in showings, as families focus on other activities, so I expect the number will climb back up a bit this week. But the trend remains clear, and is another indication that we are moving out of our "busy season" and into the typically slower summer portion of our sales cycle.

Wednesday Afternoon Market Update: We talked about the need for more affordable housing last week, and some proposed legislation to make it more widely available. Even without those changes, Chandler is rolling out a new affordable apartment complex near the downtown area, and asking interested applicants to sign up for a lottery for available spaces. Every little bit helps! You can learn more about that here:

Villas on McQueen accepting pre-applications, will choose 600 - KTAR.com A new affordable housing waitlist is now open in Chandler for Villas on McQueen, a development near McQueen Road and East Trails End Place.

Wednesday Morning Market Update: The number of homes under contract, and the number of homes sold in the last 90 days, are both up over the last several weeks. But the number of active listings, and the number of coming-soon homes, are both down a bit recently. That may indicate that we are easing out of our busy spring season & shifting towards a slower summer season.