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Thursday, July 7, 2016

Has Your Phoenix Area Home Increased in Value?

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Most homes in the Greater Phoenix area have seen appreciation over the past year. Even if you have made no updates to your home, it is probably worth more money. Here is the appreciation break down from area to area:

  • Phoenix - 6.5% appreciation
  • Peoria - 7.5% appreciation
  • Scottsdale - 2.6% appreciation
  • Gilbert - 6.5% appreciation
  • Tempe - 4.6% appreciation
  • Mesa - 8.4% appreciation

All of these percentages are from the Cromford Report by Mike Orr, who is a genius. You can definitely count on these figures. Here are a few more appreciation rates from secondary cities:

  • Cave Creek - 2.9% appreciation
  • Sun City - 8% appreciation
  • Fountain Hills - 5.4% appreciation
  • Paradise Valley -  1.2% appreciation

"Even if you haven’t made upgrades to your property, it has probably gone up in value."

The only area where home values have decreased is Anthem, where home values are down by 3.1%. Otherwise, even if you haven’t made any updates to your home, your home value has probably gone up.

If you have any question about your specific home’s value in today’s market, give us a call or send us an email. My team and I would be happy to help you!

Friday, July 1, 2016

How We Brought the Right Buyer for Randy and Cindy

Tell me about your experience working with Riddle Realty.

"Our experience was very good with Kodi and her team. We sold our house in Cave Creek in three days. She brought in the right buyer. We were ready and it was great experience. We enjoyed working with Kodi. She was very clear in what was going to happen and gave us a lot of help in that way. We will definitely use her again."
-Randy & Cindy LeSaar

To contact Riddle Realty, call (480) 207-2645 or email