Mike Weeks is your local Real Estate professional working in Phoenix
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We expect another strong month for sales in July, but our market usually cools off during the hottest months of July and August. The result is that the price gains that take place between January and June usually take a break for two or three months[...]
Posted by MikeWeeksRealtor.com - July 15th, 2015
Investors keep going throughout the summer months, but investor buying is at the lowest level that we have seen for several years. We will be watching to see if we experience the usual lull between July and September, or whether the momentum from the spring buying season can be maintained[...]
Posted by MikeWeeksRealtor.com - June 1st, 2015
We believe such an increase will most likely be balanced by more favorable underwriting policies leading to wider availability of loans even if they are a little more expensive. We therefore do not expect a rise in interest rates to deflate the market. Instead we believe we will start to see a small swing back towards home[...]
Posted by MikeWeeksRealtor.com - May 15th, 2015