Episode 16: Holiday Edition, New Listings, Buyer Success & Real Estate Market Update

Hey everyone! Welcome to Episode 16 of The Franco Dinh Show, your go-to source for all things real estate in the Valley. With Christmas just around the corner, I'm reflecting on this year and gearing up for a trip to Washington.

New Listings

I’ve just listed a great property in Glendale— a 3-bedroom, 2-bath home under $400,000. It’s close to Westgate, the 101 Freeway, and so close to great restaurants and shopping. It's the perfect, turn-key property if you are a first-time homebuyer or if you're looking for an investment property.

I also want to share a huge success story! One of my buyers saved $55,000! I’ll be breaking down the negotiation strategies that made this deal work, so if you're in the market, you won’t want to miss this!

Cromford Market Update

The Cromford Report shows that active listings have dropped to 23,000, which a slowdown is typical for this time of year. The days on market have risen slightly to 73. The Greater Phoenix area is still in a Buyer's Market, with the Cromford Market Index being at 87.

$1 Listing Update

I’ve been keeping an eye on the $1 listing I mentioned a previous episode. It looks like the marketing strategy didn’t work out as expected. It’s still listed for $1 with no changes. We’ll see if it eventually sells or if the seller decides to adjust their strategy.

Holiday Wishes & Looking Ahead

As we wrap up this year, I want to thank all of you for your continued support. It’s been an amazing 2024, and I’m looking forward to everything the new year will bring. I hope you all have a wonderful Christmas and a happy New Year! Make sure to tune in next week for more updates, and as always, feel free to reach out if you have any questions or need help navigating the real estate market.

Thanks for joining me on this week’s episode, and I’ll see you in 2025!