Cashman Partners New Year Update | January 2016
New Year – New Market – New Outlook
What comes to mind when we are presented with the Tiffany Blue Box®?
This little blue box is synonymous with a promise of something wonderful inside. The coveted packaging represents a treasure of quality, elegance, and craftsmanship. We feel special having received it, and we wonder what it might it contain. Maybe it’s a shimmering diamond ring, or perhaps a simple sterling charm. Whatever the contents, we know it is made with the utmost care and enduring quality, regardless of the cost.
Cashman Partners | Russ Lyon Sotheby’s unwraps the same promise.
We are asked from time to time if we only represent luxury clients. They know our Russ Lyon Sotheby’s International Realty blue and white sign represents quality and a level of sophistication which is brought to market by true professionals. We are known for our luxury properties – that is true. It is also true that OUR blue box delivers properties of all price ranges in all types of markets. Regardless of its value, your property will be marketed using all of the resources available to us. Cashman Partners|Russ Lyon Sotheby’s will list and sell your special property with the utmost attention to detail and deliver a seamless transaction.
As we welcome 2016, we invite you to unwrap the possibilities! Our New Year update highlights a box full of beautiful properties available for the new year along with a brief market update. We will also be posting our newest upcoming listings in our Cashman Partners Real Estate Blog.
Happy New Year from Sally, Karen, Kathleen & Linda
Cashman Partners Selected Listings
Some Interesting Facts as we Move into 2016…
*Resale home pricing has continued to appreciate, and currently stands at 9.6% over last year.
*New home prices are a little softer, down 1.7%.
*AZ unemployment rate is now at 5.8% and we rank 12/50 in job creation through 11/15.
*Phoenix area employment through November is up 2.8% compared to last year.
*Total MLS 2015 residential sales through November = 77,508, up from 69,904 in 2014.
*Current months of supply = 4.69 months, and avg days on market = 73 across all price ranges.
Additional Articles of Interest…
Why November’s Arizona Jobs Report is Encouraging
The Number of Renters is Exploding and it’s Not Because of Millennials
Four Reasons 2016 is the Year to Buy a Home
Millennials Drive the Phoenix New Home Market, but Inventories are Low
Housing Will be Back as Force for Growth in 2016, Arizona Economists Say