👀Treats in the Rain ☀️For ALL of Your East Valley AZ Real Estate Needs📞Call or 🙋‍♂Text Brian at 480-773-2370📨Email Brian  ~  Search the MLS for FREEThere is always so much to learn in the Rain on a daily basis, very few tricks, but ample treats! The challenge this month is another fun one and in thinking about my entry, it was difficult to choose which two people, and which of their posts I received amazing treats from after reading them. On a daily basis, I learn trivia from Wayne Martin, how to put together amazing market reports from Jeff Dowler, CRS, I gain inspiration from Paul S. Henderson, REALTOR®, CRS, and I get to see the progression of Fall colors from George Souto, just to name a few.  Kathy Streib  is someone that I have treasured for many years in the Rain! Our friendship ... 10/02/2023

The housing market for Tempe, Arizona,  85283 feels like a repeat of early 2022!   Sales are quick and there are very few homes for sale in 85283.   The focus of this report will be for homes about 1500 square feet that are priced between $400,000 and $600,000.   The zip code 85283 is south of Arizona State University, with a student population of over 74,000 students in Tempe.   ASU also has campuses in downtown Phoenix,  Glendale, Mesa and a new Innovation Center being built near Mayo Hospital in Phoenix. So the total student population is well over 100,000.  Rental homes are common in the Tempe area and in demand.  The population of the City of Tempe is over 118,000 people not including ASU students.  Tempe is a diverse city with plenty of entertainment options.  These include activi... 09/26/2023

Another favorite destination of ours is the Nordic Village Flagstaff - cross country skiing experience.This photo was taken in early March 2023, and that's about the time when we see the last snow in the Nordic Village. The nearby downhill skiing place Snowball has snow a little bit later, until April-May. We like to make the trip to the Nordic Village a day trip because it fits well with our work schedules, I can have a 3-hour work day - 1.5 hours before we leave and 1.5 hours after we are back. When we visit during the weekday, the ski-trails have fewer skiers than on week-ends. The drive from the Phoenix metro area takes us about 2.5 hours on Hwy I-17 and then through Flagstaff. We found out that the optimal time is to start about 8-9 a.m. from Tempe, AZ. The Nordic Village offers cr... 09/29/2023

Phoenix metro home prices are on the decline from a median $435K in August to $430K in September. Why? Freddie Mac in their weekly national mortgage survey reported on September 28 that for those with good credit the national mortgage rate has risen and is now 7.31%. (Photo: Dobbins Point Lookout over Phoenix, from Parks and Recreation website)Further, Freddie Mac reported that "the 30-year fixed-rate mortgage has hit the highest level since the year 2000. However, unlike the turn of the millennium, house prices today are rising (nationally) alongside mortgage rates, primarily due to low inventory. These headwinds are causing both buyers and sellers to hold out for better circumstances."The lowering of prices in the Phoenix metro (not nationally) and mortgage rate increases expected to ... 09/29/2023