School’s In, Phoenix Homes are Almost Out

If no more homes were to come on the market, the Phoenix valley would sell out of all existing homes in 1.37 months. 1.37 months! That’s really low for a population our size. A “balanced market” is considered 4-6 months of supply. Please see the latest stats below, and what it may mean for you or a friend looking to buy or sell a home

 

Mortgage Rates Remain Flat

Mortgage rates have essentially stabilized over the last two months, which reflects the recovery and improvement in the economy from the malaise earlier in the year. Going forward, the combination of low mortgage rates, tight labor market and high consumer confidence should set up the housing market for continued improvement in home sales heading into the late summer and early fall. Know anyone looking to buy a new home? Let them know how they can save $5,000 on average with an exclusive loan from Keller Mortgage! Contact me today for details, this is a great way to help them save a lot of money. 

Now for Sale: Beautiful South Mountain Home

This move-in ready home on a PREMIUM LOT is close to everything! Overlooking a beautiful green park, this gorgeous home offers panoramic mountain views and city lights from its 1,100 sq ft wrap-around balcony. Many upgrades include custom hardwood cabinets, French doors throughout, surround-sound wiring, energy-efficient features & gas / electric cooking. Enjoy outdoor dining and entertaining in your private courtyard w/ wood-burning fireplace. An over sized master closet, five large additional closets plus storage in the 3-car tandem garage offer room for everything. Spacious downstairs bedroom is ideal for guests. Cut your commute & enjoy short drives to the airport, downtown, Tempe, and Ahwatukee. Close to hiking and biking trails, shopping, and restaurants. View the full property listing or contact me for a private showing.

 

Client Appreciation Pool Party was a Blast

Thank you to all for coming to our Client Appreciation pool party at the Arizona Biltmore Resort last month! We had fun in the sun and relaxed poolside! Congratulations to Gavin for winning the Margarita Mex prize drawing and to Barbara, Keri, and Benjamin for winning the free night’s stay at the Biltmore. Looking forward to seeing everyone next time!


Phoenix Posts Strong Job Growth

The Phoenix metropolitan area saw some of the strongest job growth during the past year, according to newly released data from the U.S. Bureau of Labor Statistics.  Metro Phoenix saw 3.2% growth in non-farm employment from May 2018 to May 2019, according to BLS data . That marks the biggest percentage growth rate among all major U.S. metro areas with populations of 1 million or more.  Read the full article.