There’s a bit of a fracas brewing in Arizona’s Real Estate market but that’s nothing unusual for this time of year, in fact Arizona perfectly reflects similar activity throughout the country. Low resale inventory, sluggish turn-times for New Construction homes, low interest rates gradually evaporating, and a steady stream of home buyers entering the market… Read More
When I bought my first home, the fad at the time was to purchase a fixer-upper at a good price then rehab it to death building ‘sweat-equity’ right away and increased value over time. But the fascination with finding a bargain seems to have lost its cache. I’m thinking that homes in need of TLC… Read More
STOP paying someone elses mortgage! Has it ever occurred to you that while you’re renting a home, the mortgage you are paying is someone else’s? The vacation you are funding is your landlords? And all your efforts are going into taking care of a property that will never be yours? That property is building equity,… Read More
When will we see a balanced Real Estate Market? Our market is just beginning to pick up for 2018 after the usual holiday falloff. I haven’t yet seen evidence of increased housing inventory here in Arizona, but I am cautiously optimistic that the experts know what they’re talking about. An extended lack of inventory generally… Read More
Tis the Season to be Selling Your Home- 6 Compelling Reasons Why. We posted a blog a week or two ago, focused on why the holidays just might be a smart time for Home Buyers to jump into the Real Estate market. Is Black Friday Your ‘Secret to Success’ in the Real Estate Market? detailed… Read More
Is Black Friday Your ‘Secret to Success’ in the Real Estate Market? ‘Black Friday’ for home buyers generally ends with the dog days of Summer. After giving it a lot of consideration, I think both home sellers and home buyers might want to reevaluate that strategy. From the day after Thanksgiving until a few weeks… Read More
Here there be Jobs & Salaries in Sync with Rents & Mortgages… namaste. It’s not everywhere that you’ll find salaries that are perfect harmony with rents and mortgages, but several major U.S. cities,including Phoenix AZ, can boast that distinction… especially if your field is in one of the ‘in demand’ arenas like Health Care. Phoenix,… Read More
Fed in No Hurry to Raise Rates Again… for Now. As of today, mortgage rates are running on average 4.25 – 4.35 for 30-year fixed and 15-year fixed are ranging from 4.313 to 4.445, and though higher than a few weeks back, still remarkably reasonable. A few online banking systems are reporting lower rates however… Read More
Consumer Confidence Up: As Goes Arizona, So Goes the Nation. Consumer confidence kept improving in August, posting a 122.9 reading in the latest Consumer Confidence Index® from The Conference Board. The Expectations reading of the Index rose to 104.0, while the Present Situation reading rose to 151.2. July’s reading was 120.0. As of September 1,… Read More
Housing Market Shows Continued Signs of Consumer Confidence The Arizona Real Estate market mirrors the majority of the nation with a record year so far in 2017. azCentral.com reports that barring the boom and bust years, 2005 & 20011, Arizona’s housing market is the best it’s ever been. As a matter of fact, even though… Read More
