Did I Miss the Best Time to Buy a House in Scottsdale?

Oh hey everybody! Excuse us we had a little recess there.

So, I have a question, Jeff. So the median house prices have gone up 34% since last year. Did I miss it? Did I wait too long to buy?

Wait, it went up 34%?

Yes!

In Phoenix?

Yes!

Can you show me a chart?

I don’t do charts, but your gonna have to trust me.

Alright. Okay, so if in 2006 you bought a house for $200,000.00, this stack (of cups) here is going to represent $200,000.00.

Okay? Let’s fast forward to 2009 or 2010, and then now the market’s gone down 65% (takes part of stack of cups away). And now your $200,000 house is worth $70,000.

So Ashley, you said the market went up 30%!

That’s right, 34% as a matter of fact.

So, 34% of that is (ads short stack back to stack of cups) up to there?

Oh, ok so maybe I didn’t miss it, or did I?

But it’s 34% of this number -oh the smaller number.

So when you say 34%…people ask us all the time, when you say 34% uh, that means I missed it? And I can’t buy at the bottom anymore.

So what I have to ask you is, first quarter it goes up a little more…2nd quarter it goes up a little more-still think you missed it?

Did I miss it? Not yet (adds a cup several times) still not yet. What about now? Still haven’t missed it.

(After several more cups are added) I haven’t missed it yet…still haven’t missed it. I’m really procrastinating….

What year are we in now?

We’re in 2016 or 2017…

Oh all right.

The point being, you know we love the cup theories. The point is, with every month that goes by, with 2% appreciation right now. Or 3% or 4%…you are starting to miss it, so you better get on board, because time’s a-wastin’!

Click here to view homes for sale in North Scottsdale.

 

Exact matches only
Search in title
Search in content
Search in posts
Search in pages

Ready to talk? Call us today.

480-500-1738
  • #1 AZ Real Estate Team

  • Best REALTOR® In The Valley 2017

    - Nominee

    Finalists will be announced in October 2016

  • Top Ranked Real Estate Team

    - Phoenix Business Journal

    2015, 2016

  • Top 10 Buyer’s Agent

    - by Sales Volume

    Homes & Land Magazine 2015, 2016

  • Top 10 Producing Agent

    - by Sales Volume

    Homes & Land Magazine 2011, 2012, 2013, 2014, 2015

  • Top 1% of REALTORS®

    - in Maricopa County by Sales Volume

    Arizona Regional MLS 2005, 2006, 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016

  • Real Estate Agent of the Year

    - Finalist

    AZ Business Magazine – 2014

  • #1 Real Estate Team

    - in Arizona

    Ranking Arizona – 2014

  • #1 Agent by Sales Volume

    - in Arizona

    Realty One Group, North Scottsdale Office -2015, 2016 Realty One Group, Scottsdale Office - 2011, 2012, 2013, 2014 Realty One Group, National - April 2014

  • Gold Zone Award

    - in Arizona

    Realty One Group, National - 2014, 2015, 2016

  • Real Trends

    (National REALTOR® Rankings)

    Best Real Estate Agents in America 2014

See More
  • Date: 1/31/2018

    Source: Zillow

    Loved working with Gina!! She was a great help. She worked with our limited crazy schedule and kept us way under budget. Gina is very - Read More

  • Date: 1/28/2018

    Source: Zillow

    Scott is a hard working and good guy...so many agents are, frankly, lazy while Scott never ever hesitated to show up and show us as - Read More

  • Date: 1/25/2018

    Source: Zillow

    Theres not enough characters in this box to describe how wonderful Ilene is at what she does. Ilene was so thorough it - Read More

  • Date: 1/26/2018

    Source: Zillow

    Alex was great. He sold my house quickly, for a great price and took care of all the details. He’s everything you look for in - Read More

  • Date: 1/24/2018

    Source: Zillow

    I highly recommend Brandon, who helped me to find my dream home. He is thoughtful and detail-oriented, and he always made himself available to answer - Read More

See More