One HUGE Reason House Prices Have Skyrocketed
And Phoenix Weekly Home Sale Data
My Twitter – Highlights
Opendoor reported losing $662 million in 2021. The company also told investors on Tuesday that it has $5.7 billion in unsold real estate inventory.
housingwire.comOpendoor loses more money than Zillow in 2021 - HousingWireOpendoor reported losing $662 million in 2021. The company also told investors on Tuesday that it has $5.7 billion in unsold real estate inventory.
US Mortgage Applications Fall To The Lowest Level Since December 2019: MBA #USRE betterdwelling.com/us-mortgage-ap…
azfamily.comRents reach ‘insane’ levels in Arizona, across US, with no end in sightRents have exploded across the country, causing many to fall behind on payments, dig deep into their savings or downsize to subpar units.
Scottsdale homeowners fed up with short-term rentals during busy tourist season
azfamily.comScottsdale homeowners fed up with short-term rentals during busy tourist seasonHomeowners in Scottsdale say their neighborhoods have drastically changed over recent years with more short term rentals popping up and they hope the new laws that went into effect in
Real U.S. House Prices 12% Above 2006 Peak Real Phoenix house prices match 2006 peak
johnwake.substack.comReal U.S. House Prices 12% Above 2006 PeakReal Phoenix house prices match 2006 peak
Ivy Zelman: "I Think We’re at a Peak" “I think that there's risk that these investors are being misled.”
lnkd.inIvy Zelman: “I Think We’re at a Peak”“I think that there’s risk that these investors are being misled.”
Click on the graphs to go to the full-size, interactive version.
This information can vary a lot in different parts of metro Phoenix. Your real estate agent can find the data for your specific city or zip code at The Cromford Report.
Phoenix Weekly Market Graph (only)