Now is definitely the time for home buyers to be looking at New Construction homes. I’ve been tracking builders in the Phoenix area, especially in the East Valley, for many years now and I can honestly say, that I’ve never seen home builders offer such deep discounts and incredible incentives on newly built homes. —… Read More
Did you know… all credit scores are not created equal? Your credit score and your credit report are two different things. Credit Reports are a detailed history of your use of credit over many years. A credi score is an aggregate of all that information reduced to a number. A note of caution: The only… Read More
Why Buy a New Construction Home in Arizona? According to the Arizona Republic, Maricopa County, the largest county in Arizona by both area and population and commonly known as ‘The Valley’, led the nation in new home construction in 2024. The article stated that the county added 38,310 new housing units last year, outpacing both… Read More
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
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 markets fluctuate daily but one industry trend has persisted for years- the most common expression is ‘lack of inventory’. It has been the motivation behind most of our ongoing problems with the real estate market. Home prices soared because of low inventory and current home buyers are in limbo for the same reason…. Read More
IT WAS FUN WHILE IT LASTED This is clearly the only way for home sellers to look at it. In the world of Real Estate, change is good. Just imagine what would happen to the market if our recent upsurge in home prices and extreme seller’s market had continued unchecked. Fantastic for home sellers you… Read More
Shopping for a home before you’ve nailed down your price range is not only unwise but can be truly disappointing. You may have a vague idea of what you can afford, but before you’ve talked with a lender, it’s hardly possible to grasp all the costs involved or the options available to you including those… Read More
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
If market conditions are a bit challenging for home buyers right now, the FED’s recent decision to drop interest rates and the resulting decrease in mortgage rates, provide a satisfying counterbalance. The home buying market has been tight and overly competitive for quite some time due in large part to lower-than-normal inventory. Home buyers in… Read More
