Here’s Exactly What Might Happen in 2020

For 15 years, In&Out Magazine has been the definitive source of “Everything that’s going on” in and out of the community. We thank you, our readers, as well as the businesses that support the magazine through advertising, for that opportunity. But with little going on, and many businesses suspending or canceling their ads during the Covid-19 crisis, we are suspending publication of the magazine and web sites for the month of May. 


prickett fence

It’s prediction time! What would the new year be without endless, fearless (and always “bold”)  predictions from “industry experts” in the field of something or other. There’s that, and the list of Celebrities We Lost (RIP Tim Conway), and that’s about it. 

Is this finally the year of flying cars and nuclear-powered vacuum cleaners? Probably, but I’m gonna try to stay in my lane. The standard questions like “Will the real estate market go up or down?” And, “Are we in a real estate bubble?” I’ll answer with “yes” and “nobody knows,” in that order. Speaking personally, I’m not building a bomb shelter any time soon.

To get insight into 2020, let’s look at 2019. I like to keep my stats local, so I’ll use Anthem as my petri dish. Overall, price per square foot was up 4 percent, but units sold increased by only about 2 percent. It’s no secret that inventory is scarce, and it’s even more so for the first-time homebuyers looking for lower-priced homes. 

I don’t see that dynamic changing, barring a nuclear vacuum cleaner incident.

And speaking of nuclear incidents, the market is still down about 15 percent from the height of the boom in 2006. If you bought a home then, I personally feel your pain. We are, however, back to near 2007 prices. If you want more detailed stats, just call the office. We’ve got nerds!

One of the big changes in real estate over the past few years has been “online” buying/selling, and that trend will continue in 2020. As my grandpappy would have said, if he didn’t grow up in New Jersey, “There’s a saddle for every donkey.” I just recommend a thorough pencil session to figure out the actual costs involved and services provided in any quick, ibuyer transaction. Everything costs something, from actual dollars to hairs left on scalp. Ain’t no free rides in flying Ubers.


Help Save Our Community
Small businesses are the lifeblood of our country and even more so this community. Supporting local businesses during this crisis can help keep our community economically viable. Please strongly consider supporting the businesses below, In&Out Magazine's display advertisers, as well as those in the Classifieds section of the magazine (see the full April 9 issue in PDF form). Many of these businesses have been part of the fabric of this community for two decades, not just serving our professional, service and retail needs but stepping up to support local charities, sports teams and so much more. Tip: If you know you’ll need to schedule a service, consider contacting a local business you trust and paying the standard fee for the deferred service. The links below go to their web sites.

Adult & Pediatric Allergy Associates • 602-242-4592
Anthem Senior Living • 602-909-9550
Appliance Pros • 502-501-5501
Business Network of Anthem • 623-455-9630
Carroll Law Firm • 623-551-9366
Century 21 Real Estate - Jeff Huff • 623-223-1221
Creative Home Enhancements • 623-551-5409
Daisy Dream Homes Real Estate • 623-879-3277
Daisy Mountain Dentistry • 623-551-5250
Desert Foothills Air Conditioning • 480-595-0938
Edward Jones • 623-551-0523
Element Dental Centers • 623-551-5555
Hand & Stone Massage • 623-551-6602
Kendallwood Design • 602-252-3844
Kodiak Roofing • 602-501-7717
Luv My PC • 480-703-6609
Merrill Gardens • 623-201-4881
North Valley Water Solutions • 623-551-0515
Preferred Business of Anthem • 623-551-0523 
Prickett Realty • 623-551-8111
ProSkill Services • 623-551-7473
RE/MAX Professionals - Mike Higgins • 623-640-7502
Rise Above Remodeling • 623-551-2013
Soft Water Plus • 623-551-7383
SonoranScapes Landscaping • 602-842-9948
State Farm Insurance - Justin Simons • 623-551-3700
Storage at Anthem • 623-226-8634
Sunset Cabinets • 623-687-6579
Thompson & McGinnis Attorneys at Law • 602-952-2666
Titan Tree Care • 623-444-8448
Titan Pest Control • 623-879-8700
Wyman Plumbing & Mechanical • 623-551-6688

For more local businesses, see In&Out Magazine Classifed Ads >>>  
 
Chris Prickett
Former contractor, former home inspector and funny guy, Chris Prickett is owner and designated broker of Prickett Realty. A New Jersey native, Prickett has been a top-producing REALTOR® in North Phoenix over the past decade. He has been a columnist since 2005. Over the Prickett Fence is published weekly by In&Out Publications.
Chris Prickett on Email

Chris Prickett

Former contractor, former home inspector and funny guy, Chris Prickett is owner and designated broker of Prickett Realty. A New Jersey native, Prickett has been a top-producing REALTOR® in North Phoenix over the past decade. He has been a columnist since 2005. Over the Prickett Fence is published weekly by In&Out Publications.

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