[Live] Monday Market Update – April 10, 2017
What is going in the real estate market this week? This weekly video will give you some insight.
Active listings are down this week compared to last week in the Multiple Listing Service. In most parts of the Phoenix area below $300,000 the market looks to be picking up. The Southeast valley (Gilbert, Chandler,Queen Creek, ect) in particular continues to see some of the most movement and sales.
What is in a Zestimate? While Zillow is the most recognized and easy to use real estate tool available to home owners and home buyers, the accuracy of this site can sometimes be deceiving.
A home that we recently helped sold had a Zestimate of $311,000 (after we added the homes actual features), and sold for $316,000, but listed for $319,990. $5000 that Zillow wanted to leave on the table.
Did you also know that Zillow has the most homes for sale???? Interesting…..
As of today listed in the MLS (Multiple Listing Service used by Realtors) there are 723 homes for sale, Zillow has 1029…..Hmmmmm??? Many of the homes that are listed on Zillow have actually already sold or have accepted purchase contracts. 70% accuracy rate..NOT VERY GOOD!
Our site ==> AZ1MLS.com <== has 777 homes for sale…..A 93% accuracy rate…MUCH BETTER!
Interest rates continue to be steady and there is still FREE money for Down Payment Assistance if you qualify. FREE money for up to 5% of your closing cost costs and down payment…Pretty good deal if you ask me! Need details call me 480-498-3334
Do you have real estate questions? Looking to Sell? Looking to Buy?
Call Gordon Hageman today at 480-498-3334
Just want to look at homes? =====> AZ1MLS.com