Your guide to market updates & local events happening in
August 2024!
What is happening in the market… Phoenix median sales price continues to remain steady and inventory is increasing.
Median Sales Price in Phoenix is $440,000 for June 2024 compared to $415,000 in June 2023
Common Seller and Buyer Mistakes and How to Avoid Them
Buying and selling real estate is littered with costly obstacles, but you can steer clear of many of them.
For buyers, it can be difficult to discern what information is true or false, timely or obsolete, relevant to our property or only to someone else’s.
Many of us not only care about our residential property investments, but actively consume and absorb real estate data and trends, whether it be from the media or word-of-mouth from our personal networks.
What to Do if Your Home Is Losing Value
Many factors contribute to your home’s value. Here’s what you can do to reduce the chances your home decreases in value.
Your home’s value matters – it determines what profit you’ll see when you sell and is a major factor in determining your overall wealth. In the last few years, home values have soared, giving homeowners a big boost to their underlying equity.
While values are still rising in most housing markets, some are rebalancing after unprecedented home price growth and buyer demand over the past few years.
According to data company ATTOM, the portion of equity-rich homeowners, those with a total loan balance of no more than half of the home’s market value, is down. In the first quarter of 2024, roughly 45.8% of homeowners were considered rich in equity, marking the third straight quarterly decline.
The idea that your home could be losing value is scary, but the ebbs and flows of the market mean it could be a reality you’ll face at some point in your homeownership journey. Here’s what you need to know about why your home could be losing value, how current market conditionsmay play a role and what to do if the value is falling.
- Factors contributing to your home’s value
- Should I worry about my home losing value now?
- What you can do to improve your home’s value
- Talking to your real estate agent about home value
Hale Theatre presents Rodgers & Hammerstein’s Cinderella
AUG 1ST – AUG 17TH
- HOURS4 PM and 7:30 PM
- ADMISSIONAdult $55 | Youth $39 (ages 5-17) No children under 5 permitted
Tony Award winner! Experience the timeless tale of a young woman, her fairy godmother, and one enchanted morning you’ll never forget! You’ll hear songs including “In My Own Little Corner,” “Impossible,” and “Ten Minutes Ago,” in this hilarious and romantic theatrical experience for anyone who’s ever had a wish, a dream…or a really great pair of shoes.
The Dinner Detective Comedy Mystery Dinner Show – Tempe-Phoenix, AZ
AUG 3RD – AUG 17TH
- ADMISSION$75.95
- TIME6:00 PM to 8:30 PM
America’s largest interactive comedy murder mystery dinner theatre show is now playing! Solve a hilarious mystery while you feast on a fantastic dinner. Just beware! The culprit is hiding in plain sight somewhere in the room, and you may find yourself as a Prime Suspect before you know it!
What’s happening on the Westside?!
New! All the latest Upper West Side news by area
COMING SOON & WHAT’S OPEN
This is where you’ll find all of the latest happenings in our area from what’s coming to what’s open to what we are still hoping to see in our beautiful communities. Find your area of interest and click below to find out more!
