The Phoenix Real Estate Market Has Changed

  Рет қаралды 3,052

Shawn Shackelton

Shawn Shackelton

3 ай бұрын

In this video, I am going to take a dive deep into the changing Phoenix real estate market. We'll talk about the speculation that the Fed funds rate is not going to lower and rates will stay higher longer. We will also explore the recent supply & demand changes.
We will also analyze how these economic factors are reshaping the Phoenix real estate market, making it a unique time for buyers, and sellers. Whether you're looking to purchase a new home or sell your property in the Phoenix Scottsdale market, this video will provide you with the latest insights and data you need to make informed decisions.
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Пікірлер: 20
@dallidvargas916
@dallidvargas916 2 ай бұрын
Excellent video, demand just went back up in Tempe and Scottsdale as of 1st week of June, which is weird considering seasonality, I am hearing some buyers are trying to time a possible rate cut next week. However I agree that a rate cut will happen before elections start towards end of year.
@shawn.shackelton
@shawn.shackelton 2 ай бұрын
Thanks!
@friedrice2912
@friedrice2912 Ай бұрын
So happy to find this channel. NEVER TRUST A FAKE BLONDE!!! THE DARK ROOTS WILL SHOW.. 😂😂😂😂
@darrellgritten4398
@darrellgritten4398 3 ай бұрын
Thanks for your information. You are very knowledgeable and articulate.
@shawn.shackelton
@shawn.shackelton 3 ай бұрын
Glad it was helpful! Thanks for watching
@107productionsllc6
@107productionsllc6 3 ай бұрын
Shawn, Great info and insights, as always. You are really tuned into the macro and micro economics of the RE market in the greater PHX market.
@shawn.shackelton
@shawn.shackelton 3 ай бұрын
I appreciate that! :-)
@shawn.shackelton
@shawn.shackelton 3 ай бұрын
I appreciate that!😊
@flauze
@flauze 3 ай бұрын
nobody cares about interest rates; housing prices are what people care about
@shawn.shackelton
@shawn.shackelton 3 ай бұрын
Agree to disagree. Interest rates eat into your buying power
@flauze
@flauze 3 ай бұрын
@@shawn.shackelton Really ?!?!?! you disagree ?? People would rather buy a 225k home at 8% interest rate vs a 450k home at 4% interest rate
@shawn.shackelton
@shawn.shackelton 3 ай бұрын
@@flauze The thing is that prices aren't going to see 50% price drops... therefore interest rates make a big deal.
@drinks4days
@drinks4days 3 ай бұрын
@@flauze wrong, let me help you understand. Let’s say you want to purchase a $450,000 home with a 5% down payment. If you were to get a mortgage at 4% interest rate your payment would be $2,041 but let’s say you had an 8% interest rate, your payment jumps to $3,137. When people barely qualify from a debt to income ratio standpoint, the interest rate literally kills the deal.
@flauze
@flauze 3 ай бұрын
@@drinks4days Your explanation hasn't accomplished anything. Go back and re-read both my ORIGINAL post and follow up post to Shawn
@23drcharles
@23drcharles 3 ай бұрын
Hello Shawn are we back to "Happy Days are Here Again"? The fantasy analysis makes one wonder why the cheerleading and comfort real estate agents are in denial of reality. The Bubble that Broke the Bank is your future.
@shawn.shackelton
@shawn.shackelton 3 ай бұрын
It's not all puppies and butterflies, but it's not all doom and gloom like many others want to portray either. No denial, just looking at the data which doesn't lie...
@buybullhornamazon
@buybullhornamazon 3 ай бұрын
Wow! She’s smart!
@shawn.shackelton
@shawn.shackelton 3 ай бұрын
Thanks!
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