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Gilbert, Surprise & Chandler Make the List!

n a study conducted by WalletHub, Gilbert ranked third best real estate market for midsize cities and fourth most affordable real estate market.

WalletHub conducted a study ranking 300 U.S. cities by the best and worst real estate markets. It identified 21 indicators of housing-marking attractiveness including factors such as job growth, home prices as percentage of income, foreclosure rates, median home-price appreciation, and many more.

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Dawn Matesi Voted Best of Ahwatukee – Realtor for 2016!

The votes are in and we are thrilled to make this announcement. Keep reading for more details and information.


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Can Phoenix Live Up To Being Number 1?

Wondering where the housing market will take us this year? expects Phoenix housing to see price gains of 5.9 percent and sales growth of 7.2 percent. The Phoenix market was slow to recover from the recession and prices have no where to go but UP! Click the link below for more details.

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What Will 2017 Bring…..

According to an article by, home buyers will face some challenges as we move in to 2017. From rising mortgage/interest rates, lower inventory availability and an overall increase in median home pricing. For more details and information, click the link below to read the article or contact me today to discuss your real estate needs!


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Looking Back at 2016

We saw an average sale price of $281,931 for 2016. That’s over a 4% increase from 2015. Average days on market is currently 57. We have 23,257 Active listings in the MLS with new inventory slightly up from 2015. Have questions or need more information? Don’t hesitate to reach out and contact me for all of your real estate needs.  Happy 2017!

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December Market Update

The best pricing indicators in any real estate market are supply, demand, and interest rates, along with derivatives of each. In Phoenix and its surrounding areas, the amplitude of supply and demand has been consistently low for the last three years, fostering a slow steady rise in prices of 7-10% equity gain, per year, for average sold price per square foot. One notable stat last month was the number of closed sales, nearly 7000, which was a whopping 29% higher in November 2016 than in November 2015. Measured against only a 3.6% rise in new listings comparing the same two months, this shows a shift in demand that favors sellers. This helps explain why last week, Realtor.comsenior economist Joe Kirchner forecast Phoenix as the country’s #1 metro area for 2017 housing markets.

November 2016 did have the biggest 30 year fixed interest rate jump we’ve seen since June 2013, from 3.47% to 3.77% ( But rates are still very low in the big picture, and lower than last November when they averaged 3.94%. While this jump may deter a few buyers who will either hold their breath for rates to go back down or have lost buying power due to an upward shift in monthly payments, this will likely spur activity from buyers who want to lock in a good rate before they rise more.

Data sources:, ARMLS, and freddiemac.comdecember-infographic

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Phoenix Projected as the Number 1 Housing Market for 2017!

A new report issued by indicates that the Phoenix housing market will see price gains of 5.9 percent and sales growth of 7.2 percent. To see where other cities and metro areas rank and for the full article, click the link below.


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October Market Update for Phoenix Arizona

While Active Listings might be down, the good news is that Listings Under Contract are UP! As a mater of fact they are up 13.2% over this same time last year. So is the overall median home sale price, now at $230,000.  Interesting note, distressed and short sales only account for 4.3% of overall closed sales over the past year.  Don’t forget to search for other news and information on


(Information and data provided by the Cromford Report to Dawn Matesi as a paid subscriber)

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30-year Fixed Interest Rates at Historical Lows!

Thinking about buying a house? Take a look at this chart. Current interest rates are at a historic low for a 30-year fixed mortgage. Rates are even lower if you are considering a 15-year fixed. Contact me today to discuss this and your home buying needs.


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September Market Update for Metro Phoenix

Your September Market Update shows the monthly median home sales on the rise along with listings under contract. Small decline in active listings for sale. Need more information or have questions? Contact me today!


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Dawn Matesi

REALTOR®, Associate Broker

Designations: CNE, GRI, Green

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