Mesquite and NW Arizona News & Market Trends

The Virgin River Valley

Welcome to my blog, where a treasure trove of information awaits you! I've got you covered with insights ranging from local market stats and home values to all the exciting events in our community. I'm genuinely passionate about our neighborhood, and my goal is to assist you in finding your perfect spot within it. Feel free to get in touch with any questions you may have—I'm here and eager to chat with you!

July 3, 2023

Evaluating Your Wants and Needs as a Homebuyer Matters More Today

When it comes to buying a home, especially with today’s affordability challenges, you’ll want to be strategic. 

View More
Posted in Buyers
June 21, 2023

Why the Median Home Price Is Meaningless in Today’s Market

The National Association of Realtors (NAR) will release its latest Existing Home Sales (EHS) report later this week. This monthly report provides information on the sales volume and price trend for previously owned homes. In the upcoming release, it’ll likely say home prices are down. This may feel a bit confusing, especially if you’ve been following along and seeing the blogs saying that home prices have bottomed out and turned a corner.

View More
Posted in Market Updates
June 13, 2023

This Real Estate Market Is the Strongest of Our Lifetime

When you look at the numbers today, the one thing that stands out is the strength of this housing market. We can see this is one of the most foundationally strong housing markets of our lifetime – if not the strongest housing market of our lifetime. Here are two fundamentals that prove this point. 

View More
Posted in Market Updates, Sellers
June 5, 2023

Reasons To Own Your Home

June is National Homeownership Month, and it’s a perfect time to think about all the benefits that come with owning your home.

Owning a home not only makes you feel proud and accomplished, but it’s also a big step toward having a secure and stable financial future.


          
                                    View More
          
        
      
    
  
Posted in Buyers
June 1, 2023

Today’s Real Estate Market: The ‘Unicorns’ Have Galloped Off

Comparing real estate metrics from one year to another can be challenging in a normal housing market. That’s due to possible variability in the market, making the comparison less meaningful or accurate. Unpredictable events can have a significant impact on the circumstances and outcomes being compared. 

View More
Posted in Market Updates
May 24, 2023

Owning a Home Helps Protect Against Inflation

 

You’re probably feeling the impact of high inflation every day as prices have gone up on groceries, gas, and more. If you’re a renter, you’re likely experiencing it a lot as your rent continues to rise. Between all of those elevated costs and uncertainty about a potential recession, you may be wondering if it still makes sense to buy a home today. The short answer is – it does. Here’s why. 

View More
Posted in Buyers, Market Updates
May 18, 2023

The Worst Home Price Declines Are Behind Us

If you’re following the news today, you may feel a bit unsure about what’s

happening with home prices and fear whether or not the worst is yet to come. That’s because today’s headlines are painting an unnecessarily negative picture. Contrary to those headlines, home prices aren’t in a freefall. The latest data tell a very different and much more positive story. Local home price trends still vary by market, but here’s what the national data tells us.

View More
May 12, 2023

Are the Worst of the Home Price Declines Is Behind Us?

Some Highlights

While home prices vary by local area, they’ve already hit their low point nationally, and now they’re starting to rise again.

Last July, prices started to decline, but around February, they began climbing back up.

If you put your plans to move on hold waiting to see what would happen with home prices, reach out to me to discuss if now’s the right time to jump back in.

View More
Posted in Market Updates, Sellers
May 10, 2023

The Power of Pre-Approval

Home Buying Puzzle

If you’re buying a home this spring, today’s housing market can feel like a challenge. With so few homes on the market right now, plus higher mortgage rates, it’s essential to have a firm grasp on your homebuying budget. You’ll also need a sense of determination to find the right house and act quickly when you go to put in an offer. One thing you can do to help you prepare is to get pre-approved.

View More
Posted in Buyers
July 31, 2017

Curious About Local Real Estate?

Receive the Latest Local Market Stats

Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood trends, the median price and square footage of each home sold and so much more. We’d love to invite you to do the same!

View More
Posted in Market Updates