A Big Break for Home Buyers In light of current real estate market conditions and FHA’s recent announcement, this is one of those rare occasions when the question is “do you want the good news… or the great news?” I’ll make your choice really easy, the great news first- if you’re considering applying for an… Read More
Home Prices
Now in your price range- A beautiful home, an excellent value!
A significant discount puts this lovely 4 bedroom home in a whole new price range. Is it yours? — — — Listing Details, Video Tour, Photo Gallery — — — Truly the best value in the neighborhood! With 4 bedrooms in a wonderful tri-level floor plan, plus one of the largest lots in this super-convenient… Read More
Real Estate Market is Correcting Itself, So What Can You Do?
Beyond a shadow of a doubt, the Housing Market has begun to shift. Most of us have seen this coming, and I have to say it’s about time. Price increases in an average year sit around 6-7%. Nearly every market in the country has exploded way above average, exceeding that percentage by double, triple, quadruple…… Read More
10 Best and Worst Cities for First-Time Home Buyers – WalletHub Study
Two Arizona cities appear on WalletHub’s list of Best Places for First Time Home Buyers, Gilbert and Peoria. In regard to home prices, there are certainly more affordable cities in the Valley but WalletHub’s study took 21 additional metrics into consideration including Real Estate Market Conditions and Quality of Life. Comprised of Cost of Living,… Read More
The Great Debate- New Construction or Existing Home
Author: Bill Salvatore The debate has always existed among home buyers- are you better off purchasing an existing home or opting for new construction. Unfortunately there is no right answer, the pros and cons of each change over time to align with Real Estate market conditions. The balanced market might present the simplest choice as… Read More
My Home, Gilbert AZ – Affordable and Award Winning
Last week I read an article on AZ Big Media that put Gilbert, Arizona in the top 10 cities to buy an affordable home. As a Realtor and a long time Gilbert resident, this was news to me, until I read the criteria. I was also surprised to learn that our next door neighbor Chandler… Read More
Luxury Home Sales Soar in Arizona, and The Jeters List Tampa Waterfront Estate
The Arizona luxury home market is booming. AZBigMedia recently reported that a 14.5M home in Paradise Valley, a region Northeast of Phoenix and just North of Scottsdale, set a record for the highest per-square-foot expenditure ever in the Phoenix Metro area at $1,566.55 per square foot. According to the post, “the 9,256-square-foot custom home sits… Read More
Home Prices Rising While Interest Rates Fall
I’ve never seen anything like it… incredibly low, almost ridiculously low mortgage interest rates, in the high 2’s !! If you’ve been putting off that home purchase, now is probably the time to get off the fence. I could be mistaken, but I can’t imagine you’re going to find better (read LOWER) mortgage interest rates… Read More
Homes Are Selling Faster and Prices Are Rising
Homes Are Selling Faster and Prices Are Rising. This isn’t what anyone might have predicted for the Real Estate market during a pandemic. A lingering nationwide lack of inventory, worsened by Covid 19, is clearly responsible behind the scenes. But even though demand experienced the anticipated drop-off at the onset of the quarantine, it proved… Read More
CoreLogic: Static Interest Rates Contribute to Rising Home Prices
For the third year running, Maricopa County is the fastest growing county in the U.S. For those of you who are not residents (yet), Maricopa County is commonly referred to as “The Valley of the Sun”. It is essentially Central Arizona and encompasses some of the most recognizable cities in the state: Phoenix for one,… Read More