Hey everyone, welcome back to another episode of the Franco Dinh Show! This week, we’re diving into everything from Valentine’s Day, to spring training, and the latest real estate insights in the Phoenix area. I’m so excited to share all the happenings with you!
Episode 23 of the Franco Dinh Show
Valentine’s Day Recap
This year, I cooked a tomahawk steak for the first time, and it turned out amazing! We also went to a new restaurant in Scottsdale inspired by Anthony Bourdain. The ambiance was great, and the drinks and food were even better.
Spring Training and the Airbnb
My Airbnb is doing great with spring training starting up. In other Airbnb news, I recently switched cleaning crews, saving about $4,000 a year. I did have to purchase some new linens and supplies, which cost me $1,000 upfront, but it’s definitely going to pay off in the long run.
Cromford Report: Real Estate Market Update
The Phoenix real estate market is seeing a shift. Active listings are rising, and days on the market have held steady at 81. The Cromford Market Index has dropped to 85, moving us further into a buyer’s market. Buyers now have more options and sellers are facing increased competition. Areas like Chandler, Scottsdale, and Paradise Valley are still in a seller’s market, while places like Maricopa and Goodyear are in a buyer’s market.
MLS Review: Arcadia Area (85018)
We take a deeper looking into my “coming soon” condo listing in the Arcadia area. This two-bedroom, two-bath condo is listed at $375,000, offering a great opportunity for those looking to enter the desirable Arcadia zip code without breaking the bank. I compare it to other condo communities in the area, like Arcadia Residences and Villa Green and share why this listing stands out. If you are a seller, you have more competition with all the active listings. If you want to sell, you are going to have to price competitively! And that was our strategy with listing this condo.
Looking Ahead
As always, there’s so much more to come! I’ll continue to update you on more real estate opportunities and market trends. Stay tuned for future episodes!
Thank you for listening, and be sure to stay connected with me across social media, especially on YouTube, where I post updates regularly. Don’t forget to check out the blog for more details on this episode!
