Evaluating Your Real Estate Options? Get Local. Investing? Relocating? Evaluating your financial position? It’s reasonable to assume that Real Estate will be an important factor in your equation. The relationship between our country’s economy and the nationwide real estate market is undeniable- the strength and weakness of each has an effect on the other. A… Read More
No Flip-Flop in Home Prices Expected. Nationwide, unemployment is down and new job creation has been rising at a very promising rate, residential rents are increasing in all major metro areas and mortgage interest rates are still low… the perfect storm for a stable Real Estate market. Due in part to a long-term lack of… Read More
Kudos Gilbert, AZ – Most Prosperous City AND the 15th Best Housing Market! azCentral reports that in a recent study by the Economic Innovation Group, Gilbert, Arizona ranked #1 in the U.S. for Most Prosperous City or Town of its size. Gilbert beat out San Francisco, Seattle and even Austin TX for the coveted distinction…. Read More
Housing Starts Take a Nose-Dive After Months of Promising Development. Activity in the Residential New Construction arena has been disappointing of late. With residential resale inventory down and rental prices up, the real estate industry relies heavily on new construction to fill housing gaps. New construction completions are slow, due in part to a lack… Read More
Why Are Existing Home Sales Tanking? *check in tomorrow, for How to Buy a Home in a Seller’s Market. I wouldn’t exactly call it a plummet, but there’s been a definite, noticeable decrease in existing home sales. This is not to say that home buyers are disappearing, not even close, it’s to replay my mantra… Read More
Western Home Buyers Leading the Nation, Taking Advantage of a Healthy Real Estate Market. I can attest to the fact that this has been a remarkably dynamic home buying season. The Spring market is historically busy but this year’s activity seems to have been given a little extra boost. Hard to say why, although I… Read More
And the Winner is… The Number 1 Influence on 2017’s Real Estate Market The facts of financing are undeniably influential but the nuances are really what shape the Real Estate Market. Mortgage interest rates rise and fall regularly, and though we’ve had several interest rate drops in recent weeks, all the news is about rising… Read More
WooHoo! Homes Values are Rising at a ‘Normal’ Pace Homeowners were thrilled in 2005 and early 2006 when prices skyrocketed and sales were faster than the speed of light. By mid 2006 it was evident that the rapid increase in home prices and the pace of home sales was wickedly unnatural and would most definitely… Read More
Do You Live in an Equity Rich State? Foreclosures are no longer common, short sales are almost non-existent, and in most areas of the country homeowners have regained, if not exceeded, the equity in their homes that they enjoyed before the ‘bust’. In the mainstream market in most American cities and towns, home prices are… Read More
Anticipate a Promising Outlook for Home Sellers in 2017. Home prices continued their climb in September, up 6.3 percent year-over-year and 1.1 percent month-to-month, according to CoreLogic®’s recently released Home Price Index (HPI™) and HPI Forecast. The Forecast projected a 5.2 percent price increase from September 2016 to September 2017, generating $1 trillion in homeowner… Read More
