Zeb Adams Realtor

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June Market Update🏡 by Zeb Adams -
06/28/2024

June Market Update🏡 by Zeb Adams -

It’s feeling a bit like the movie “Groundhog Day” in the Greater Phoenix housing market as we relive the same scenario over and over. The Federal Reserve met this month and once again opted not to reduce the Federal Funds Rate, keeping it steady now for 12 months in a row. On the same day, the...

June Market Update🏡 by Zeb Adams -
06/04/2024

June Market Update🏡 by Zeb Adams -

“So we keep waiting, waiting on the world to change.” ~ John MayerMortgage rates have remained stubbornly high in 2024, continuing to suppress demand. As a result, the spring buying season was a dud this year for sellers. For active buyers, higher mortgage rates have led to less competition, few...

Market Update🏡 by Zeb Adams -
04/30/2024

Market Update🏡 by Zeb Adams -

For Buyers:Inflation is a hot topic today. Talk to any investor about hedging inflation and they may bring up strategies that include gold, commodities, rentals, or even cryptocurrency. For young adults, however, the first step towards hedging inflation is typically moving out of a rental and into h...

Price Reduction on Your Neighbors House + Open House All Weekend! 🏡 -
04/12/2024

Price Reduction on Your Neighbors House + Open House All Weekend! 🏡 -

I am selling your neighbor’s house! It’s likely you know someone eager to be your neighbor in Morrison Ranch. This neighborhood is amazing and this home is ready for its new owners. We even had a MAJOR price reduction!! Check it out below and please respond or forward this message to that lucky ...

Want to pick your neighbor? 🏡 -
04/04/2024

Want to pick your neighbor? 🏡 -

I am selling your neighbor’s house! It’s likely you know someone eager to be your neighbor in Morrison Ranch. This neighborhood is amazing and this home is ready for its new owners. We even had a MAJOR price reduction!! Check it out below and please respond or forward this message to that lucky ...

Market Update🏡 by Zeb Adams -
03/29/2024

Market Update🏡 by Zeb Adams -

Spring is peak home buying season in Greater Phoenix. March is the 2nd most popular month for new listings historically (the most popular is January), and the beginning of a 4-month long closing season that lasts until June. Supply is up 14% over last year, still 31% below normal, but 16,886 active....

Market Update🏡 by Zeb Adams -
02/29/2024

Market Update🏡 by Zeb Adams -

With many existing homeowners comfortably staying put these days, more attention is placed on first-time home buyers, affordability, and supply of homes. The first thing that comes to mind is the choice between renting and buying. According to Real Data, the median cost of a 3 bedroom apartment at a...

Market Update🏡 by Zeb Adams -
02/06/2024

Market Update🏡 by Zeb Adams -

For Buyers:Well the balanced market didn’t last long, 7 weeks to be exact. Last month the Federal Reserve gave the housing industry a much needed gift. Not only did they not raise the Federal Funds Rate, they also announced their intention to drop it three times in 2024. Conventional mortgage rate...

January Newsletter by Zeb Adams -
01/04/2024

January Newsletter by Zeb Adams -

Welcome to the New Year, filled with endless opportunities and new beginnings! As a realtor, I am thrilled to embark on this journey with you, assisting you in finding your dream home and fulfilling your housing needs. Whether you are looking to invest, buy, sell, or simply explore the real estate m...

🍂November Newsletter🏡 by Zeb Adams -
11/01/2023

🍂November Newsletter🏡 by Zeb Adams -

The 4th quarter is here, and this is the best time of year to be a buyer in Greater Phoenix! Inventory continues to rise, up 22% in 10 weeks to be exact, and price reductions typically peak in October and November. Most sellers listing in October are motivated to close on their homes before the end....

🧛‍♂️October Newsletter🏡 by Zeb Adams -
10/01/2023

🧛‍♂️October Newsletter🏡 by Zeb Adams -

When first-time home buyers talk to their parents or grandparents about today’s mortgage rates, they may get a response similar to, “I purchased my first home in the 80’s at [insert range of 10%-18% interest here].” In fact, some carry their high mortgage rate like a badge of honor because i...

September Newsletter🏡 by Zeb Adams -
09/12/2023

September Newsletter🏡 by Zeb Adams -

Not a lot of changes are happening in the housing market right now. It’s as if both buyers and sellers are in a holding pattern awaiting a sign before making a move. Conventional mortgage rates have held steady in the high 6% and low 7%range for nearly 3 months now with little signs of a decline y...

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8360 E Raintree Drive #120
Scottsdale, AZ
85260

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