As you all know by now, the market has shifted (and likely, is still shifting). Remember – it is all about supply and demand. Inventory in Sun Lakes, for instance, has more than doubled in the last 3 months and is up over 300% from a year ago.
The Kolb Team Newsletter – July 2022
As most of you have probably heard, the real estate market nationwide is finally slowing down. Housing prices in the Phoenix market were up 26.7% in 2021…
The Kolb Team Newsletter – June 2022
Recent Trend in Active Adult Communities To keep up with the times and changing preferences, active adult communities are continuing to evolve. In fact, they are much different now than they were just a few decades ago. Developers of new communities, as well as HOAs and management companies of existing communities, add and incorporate features (such […]
The Kolb Team Newsletter – May 2022
Waiting for a Housing Market Correction? As real estate agents, we at The Kolb Team naturally get asked often about the current market and the crazy rate at which housing prices have been increasing over the past couple of years. We often hear from buyers “I am going to wait until prices come back down”, […]
The Kolb Team Newsletter – April 2022
With the first quarter of 2022 in the books – and it was a wild one at that – I wanted to share some current market conditions as of April 1st, and also share some thoughts from some of our market and industry experts as we head into the 2nd quarter of the year.
The Kolb Team Newsletter – March 2022
Arizona Wants To Reduce Water Use, And Golf Courses Are Not On Board With The State’s Plan A water supply that can be less than plentiful is a given when living in the desert, and for the past few years, Arizona has been trying to find ways to deal with both a shrinking water supply […]
The Kolb Team Newsletter – February 2022
Let’s Write a Winning Offer With housing inventory at an all-time low and demand still remaining very strong, we are starting to see multiple offers on well-priced homes, especially in the new sweet spot range of $400-500K. So how do we make our offer more attractive than the others? Let’s look at some strategies […]
The Kolb Team Newsletter – January 2022
2021 Year in Review As we enter 2022, inventory nationwide remains at an all-time low. There are only 294,000 available single family homes in the entire country, which is a 10% drop since January 1st and a 33% drop from this year’s peak in early September. Here in the greater Phoenix area, there are […]
The Kolb Team Newsletter – December 2021
Happy Holidays! The Kolb Team would like to extend our sincerest wishes for a wonderful holiday season to all of our clients and friends! We are so grateful for all of you and hopeful that this holiday season will be filled with love, abundant generosity to others, and most of all new memories with […]
The Kolb Team Newsletter – November 2021
A Normal Thanksgiving? Well, it’s looking like it very well may be! Last year, Thanksgiving was a shell of itself. Families met in much smaller groups, travel was at a minimum, no Thanksgiving Day parade, and no fans in the stands at the Lions game (not that it had any effect on my team’s […]