Our new ‘The Home Series’ covers everything from maintenance tips, repairs, design and decorating, organization, to buying and selling a house, and so much more – but really just about the way we all live in our homes. — — — — — — — — — — — — — — — — Surprising… Read More
Economy
Basics Principles for Buying Investment Property
Investment home buyers have dropped off noticeably compared to years past, due in large part to the perception that home prices are artificially inflated and interest rates are high. But home prices seem to have stabilized at least for the time being, indicating that the surge in home prices may not be ‘artificial’ after all…. Read More
City vs Suburbs – Rent vs Buy – New vs Resale
We’ve been teetering on the edge of an uncertain housing market for some time now. The Rent vs Buy decision has become even more debatable than ever. Wondering about the stability of home prices in certain areas has caused buyers to question their choice of locations, and erratic mortgage rates certainly don’t help in determining… Read More
Real Estate Crash or Simply Gridlock?
Right off the bat I want to set your mind at ease. The Real Estate market does not appear to be in crash mode, at least not of the 2008 variety with which we are all painfully familiar. This is an adjustment, admittedly an unusual one. I know… I too roll my eyes at the… Read More
Home Buying Advantages in Today’s Real Estate Market
Home prices undoubtedly soared over the past couple years, but as any renter can tell you, rents have absolutely exploded. According to an article in the New York Post, rent increases in 2021 were more than double what they had been in any previous year. A recent decrease in home prices has been old news for a few… Read More
New Construction Homes in Short Supply as Resale Inventory Remains Low
The battle over resale properties is still raging among home buyers. Once-upon-a-time the New Construction industry would have easily picked up the slack but that isn’t the case in our current Real Estate market. Contractors are encountering a widespread shortage of construction and utility workers, in addition to the infamous supply chain issues that are… Read More
Pandemic? What Pandemic? The U.S. Luxury Real Estate Market is Determined to Push Ahead
Coast to coast, luxury home sales look to be bouncing back faster and stronger than any other segment of the market. According to Mansion Global, median luxury home prices are up nationwide with 35 of the 49 major metro areas reporting significant gains. The high-end market in the Phoenix Valley Metro region of central Arizona,… Read More
Low Mortgage Interest Rates and Coronavirus – Unprecedented, Unified and Urgent
Along with Coronavirus being a novel occurrence, so too are Mortgage Interest Rates. I know I’ve never seen anything like it, some rates are under 3%. Personally, I would be thrilled if I were in a the market for a home right now. It might seem like a strange time to be buying a home,… Read More
Covid19 vs Real Estate, Who’s Winning?
In spite of businesses reopening and a cautious return to travel, the Covid19 situation is far from over. Its affect on the Real Estate market continues, and I believe we may be well into 2021 before we are fully aware of the influence this disturbance has had. We’re now seeing a slight uptick in activity… Read More
COVID 19: How is it affecting home owners? Home buyers?
At this moment, the Real Estate market is experiencing a reluctance on the part of both home sellers and buyers. The ‘unavoidable’ activity is still taking place, folks for whom moving is a necessity. But where the sale or purchase of a home is nonessential, motion in the Real Estate market has come to a… Read More