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
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
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
Home Sellers may be reluctant to put their property on the market right now, and that’s understandable maybe, but is it a smart financial move? The current lack of inventory in the Real Estate market, coupled with low mortgage interest rates, and the very simple fact that ‘everyone has to live somewhere’, have created the… Read More
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
Most home owners consider both lifestyle enhancement and the value of their home when deciding which upgrades or improvements to undertake, but few take into account the affect those renovations might have on their homeowners insurance. For instance, installing a home security system does little to increase your home’s value. An appraiser will give limited… Read More
Scientists believe that it takes only 10 seconds for you to develop an impression of another person. I believe the same is true of a property. Home buyers frequently tell me that they’ve driven by a home for sale and “it looks amazing” or “we don’t think it’s for us”. This is even before they… Read More
Real Estate market conditions are in constant flux and your home selling strategy will need to keep up. For instance, your game plan in a market with low inventory like current 2020 first quarter conditions, will be entirely different than a market saturated with listings, and each variation in between will alter your methods in… Read More
When you sign your closing documents as either a home seller or a home buyer, there will be a notation on the Settlement Statement regarding property taxes. There’s always a bit of a kerfuffle over property taxes so it helps to understand how they work. If you’re a homeowner here in Arizona you’ve probably just… Read More
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
