Welcome Back, Weekend Warriors! Happy Mother's Day!
This is the Amy Jones Group's weekly newsletter, detailing local events, recent real estate news, and open houses.
This week, we're bringing you these fun-filled events happening around the Valley!
Our Team is Growing
We are hiring!
Real Estate Professionals, Showing Assistant & A Spanish Speaking Bilingual Real Estate Agent
The Amy Jones Group is growing! We are looking for EXPERIENCED agents to join our Southeast Valley team. Known for our excellent client care, exceptional negotiation skills, world class digital marketing, and being trusted advisors in the SE Valley for more than a decade - we are looking for hard working, ethical, creative, real estate professionals who love to learn and thrive in a team environment, where giving back and giving to each other is important to our overall success. For more information on who we are and how to apply, visit:
https://www.amyjonesgroup.com/careers or reply to this post directly!
Email your resumes to - [email protected]
We warned you that with more monsoon winds blowing around we’d see some shifting in our real estate market, and its happening - in fact maybe even a little faster than we’d anticipated. We are repeating in some ways a downward trend that we saw last Summer where owner-occupied demand took a little breather while investors and institutional buyers picked up the slack.
While that temporary cooling of the market led to a return to frenzied conditions once the weather matched the temperature of the market, this downward trend appears to be a little more intense and may not produce the same outcome. Keep in mind, that while we have gained nearly 25% more inventory in the last quarter, we are still only about 1/3 of where we’d need to be for prices to stabilize which means that while we can expect continued price appreciation until we reach that balance, we can also expect sellers to take advantage of declining demand by getting their house listed while inventory levels are low.
Arizona continues to own the top seat in the Case Schiller’s Index for price appreciation for the 33rd month in a row but has been dropping in their ranks consistently since late 2021 in the monthly category further signifying that the cooling trend is here to stay. Permit counts are finally out for March and we’ve finally reached 2006 building levels - but before your market PTSD kicks in, remember that at one point we had more than 20,000 MORE houses on the market than we do today, so building 4,000 a month even with declining demand in a deficit is welcome.
The key takeaways are for our sellers who want something different but are paralyzed by the thought of moving. The market has evolved rapidly but not too fast for our loan partners to devise a plan for struggling sellers who are sitting on a ton of cash, and don’t want to lose it, but are overwhelmed by the thought of entering the market. If they could solve for you how to purchase a home before selling yours AND accessing your equity from the home so you don’t have to dig into your savings or retirement account for the down payment, would that ease the burden of moving?
Our buyers already know the sense of urgency and are hopefully past the idea that prices are going to fall any time soon, in fact in most recessions excluding the one caused by poor lending practices, prices stabilize if not increase and interest rates fall. There will be many more signs of change that come before prices are ever impacted and PRICE is what determines your monthly PAYMENT which is really what FITS or doesn’t FIT into your budget.
Have questions? Give us a call!
Amy Jones Group Events
Local Business Mixer - Chandler
Join the Amy Jones Real Estate Group for our quarterly business mixer!
As one of the top real estate groups in the Valley, we are always looking for new businesses to share with our clients.
Come by Parlay Kitchen to meet our team of fantastic agents, as well as other local businesses!
This event is being sponsored by our friends at Fidelity National Title Agency - Copper Point.
RSVP for this FREE event today!
Women in Leadership Breakfast - Chandler
Save the date for our next Women in Leadership Breakfast Event!
Join us for a rich conversation and engaging experience. Energize your mind and your mission and walk away with tools to sustain your momentum all year long!
We're so excited to have our special guest, Stacie Baird join us for some incredible topics:
4 Lessons that Radically Pivot your Life:
-Everyone talks about gratitude, let's simplify to the GAIN
-Good for Her, Not for me
-Journaling and Meditation are powerful but I just can't seem to do it: Lessons from Atomic Habits
-What color are your eyes? The lessons of self-worth and how to find it
RSVP today to this FREE event!
Mompalooza - Scottsdale
Join Family Fun Arizona for our FREE 2nd Annual MOMPALOOZA Festival on Sunday, May 8th inside The Arizona Boardwalk! The kids can enjoy Live Entertainment and Games on center stage, play on Bounce Houses/Slides and Obstacle Courses, get their Face Painted, and enter the Coloring Contest!! The Moms can enjoy Spring Shopping from dozens of Local Vendors, Chair Massages, win HUGE prizes in the Family Fun AZ Prize Drawing and eating yummy food from a variety of restaurants on property too! Let's get outside and celebrate MOM!
This is a FREE family event. BUT, if you REGISTER below for your free ticket, bring it with you to the festival and you'll be entered into the Family Fun Arizona Giveaway Drawings!! You could win a number of prizes from Local Attraction Tickets, a Family Staycation, Restaurant Gift Cards and more!! 1 ENTRY PER FAMILY! Additional raffle ticket entries can be purchased at the door (10 for $5.00).
COME JOIN THE FUN!
THANK YOU TO OUR SPONSORS!!
- John Doering, Realtor w/ My Home Group
- Nicole Moreau, Lender w/ Caliber Home Loans
*Questions regarding Vendor Booths and/or Sponsorship, please contact Brittany McEnnis ([email protected]).
Mom Market - Mesa
Enjoy 100+ Local Vendors | Food | Live bands | Entertainment and more! 6ft Table Spaces for Vendors Still Available.
Free tote to the first 100 moms!
Some of the vendors will also be giving out free gifts to moms.
Farmer's Market - Chandler
Saturdays, October - June from 9:00 am to 1:00 pm
The Downtown Chandler Farmers Market features dozens of local farmers, gourmet food vendors and artisans. The Market happens every Saturday in Dr. A.J. Chandler Park West and runs from 9 a.m. – 1 p.m.
Come down, shop around and grab a bite to eat at one of the many restaurants in the Downtown. We have something for the whole family!
Safety precautions will be enhanced in coordination with the guidelines set forth by the Center for Disease Control in response to COVID-19. For more information, please visit downtownchandler.org/farmersmarket.
Thank you to our sponsors:
First Credit Union
Lifetime Windows & Doors
🏡 New Listings 🏡
🏡 Know Your Home Value 🏡
😲 In Case You Missed It!
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