Fixed mortgage rates remained steady, aiding homebuyer affordability amid a tight supply of for-sale homes in many markets, according to the recently released Freddie Mac Primary Mortgage Market Survey® (PMMS®). Survey results show the 30-year fixed-rate mortgage (FRM) averaged 3.62 percent with an average 0.6 point for the week, down slightly from last week when it averaged… Read More
I totally agree with the tips in this video. In fact I would take the first bit of advice one step further. ‘Scope out the neighborhood’ is something I tell all of my buyers but my opinion is that you should WALK the neighborhood, at least twice, once in the evening and once during the… Read More
Believe it or not, keeping a home warm in Arizona can be almost as much of an issue as keeping it cool. Air Conditioning has gotten so efficient that our scorching summers are not nearly as much of a challenge for A/C units as they used to be. But in spite of the mild winter… Read More
Our next door neighbor Katie was about 5 when we moved in and we watched her grow into a remarkable young lady. Katie’s family has always had good reason to be proud of her, but this week the entire city of Gilbert can be proud as well. Katie has been working with Operation Welcome Home… Read More
Through the economic downturn, appraisers were not considering the worth of many remodeling projects. Updated roofs, structural components and systems still carried weight but improvements in kitchens, bath, flooring and the like were largely ignored. Lately it’s been noticeable that most upgrades including cosmetics, are again being factored in, as was the case before the… Read More
Arizona is a highly desirable vacation spot and second homes are popular here. Of course the weather is the primary factor but golf, baseball spring training, State and National parks, outdoor recreation, Active Adult communities and luxury resorts all play a major roll. Check out the video below for some great thoughts on buying a… Read More
If you’ve been thinking about buying a home in 2016, there may be no better time than right now. Mortgage interest rates are incredibly low, and though our Real Estate Market has certainly recovered, it’s still not out of reach of the average home buyer or first-time buyers. If home buying is not in the… Read More
Homeowners who have invested in energy-efficient upgrades, such as fuel cells, geothermal heat pumps, small wind turbines, solar panels and solar-powered water heaters, may be eligible for the first credit. Homeowners who have invested in energy-efficient improvements like insulated roofing, windows and doors may be eligible for the latter. Did you make your home more… Read More
Real Estate Market Update for Gilbert and Chandler AZ – week ending March 14, 2016 Gilbert AZ – Average price per square foot is $141 this week, up slightly from this same period last month. See the complete Gilbert Real Estate Market Report for week ending 3/14/16 here. Chandler AZ – Average Days-on-Market (90) has… Read More
With the number of retiring homeowners projected to expand seemingly exponentially in the coming years, I went on a quest for more ideas on how to maximize your Real Estate investment to help underwrite retirement expenses. For your consideration: the Home Equity Conversion Mortgage (HECM) – a Federal Housing Administration’s (FHA) reverse mortgage program, which… Read More
