Cromford Report for August 2018

In July’s Cromford Report, HERSH24k presented continued good news for buyers as there is still good supply for the lower end of the luxury market. However, sellers could expect the typical seasonal summer slowdown consistent for the Greater Phoenix area in July. So,...

Cromford Report for July 2018

In June’s Cromford Report, HERSH24k presented some good news for buyers and so-so news for sellers. If you ended up selling your luxury property at the beginning of the summer and buying another luxury property, home affordability was up. For sellers, the current...

Cromford Report for June 2018

In last month’s Cromford Report, we discussed a seasonal exception and benefit for luxury home sellers as the report stated, “Summer is a good time to list luxury properties over $500K.” Good News for Buyers If you end up selling your luxury property this summer, and...

Cromford Report for May 2018

Selling Your Luxury Property this Summer The Cromford Report has given some great news for our luxury home buyers for March and April. Now the tables have turned favorably toward sellers as the report states, “Summer is a good time to list luxury properties over...

Cromford Report for April 2018

At HERSH24k we rely on The Cromford Report--check out our “Cromford Report for March.” Great News Last Month. This Month… Last month, The Cromford Report revealed, “Cities with the smallest percentage of closing costs were in affluent and retirement areas such as...

Cromford Report for March

We at HERSH24k would like to take a moment to thank our avid Market News readers. We appreciate your continued readership and joint passion for luxury homes. For those who are green to the luxury real estate market--we want to explain just what The Cromford Report is...

Cromford Report, February 23rd, 2018

Click the link below to view the Cromford Report for February 23rd, 2018. Phoenix increased by a very modest 0.21% but this was enough to place us in the middle of the pack. The US national index increased by 0.23%. 2018-02 LHT Market Update  ...

Cromford Report for July 2017

For Buyers: Good news for buyers, listings for sale between $150K and $300K stopped declining over the past 4 weeks. This is good news because as the summer progresses, there are fewer buyers to compete with in the marketplace which offers a seasonal...