The predicted positive outlook for 2016’s Real Estate Market is already proving accurate. Both resale housing inventory and builder confidence are up, and home-buyer activity is significantly above average for the first month of 2016. A “normal” price increase for the market nationwide has historically been 5-7%. Home prices nationwide, including distressed sales, increased year… Read More
Tis the season. Did you know most homeowners can write off all mortgage interest up to $1.1 million for primary and secondary residences, as well as property taxes? Credits for property taxes and other tax breaks are also offered to in 21 states and the District of Columbia. But mortgage interest and property taxes are… Read More
This past Tuesday was National Pizza Day. Seriously, who was it that saw fit to designate just ONE day to what is arguably the most enlightened culinary development of modern civilization? Do we not owe Pizza more respect than one day? Don’t you agree that a week would be far more appropriate? Since childhood I’ve… Read More
When it comes to home renovation, it’s smart to focus on improving the areas that see the most use, not only for increased functionality and enjoyment, but also to boost the home’s value come resale. Kitchens, living rooms, bedrooms, bathrooms and game rooms top the list of rooms homeowners would most like to remodel, according… Read More
In the Phoenix Valley area rents are skyrocketing as investors are selling off their rental homes, it’s a simple matter of supply and demand. With mortgage interest rates still so low we’re finding that it makes much more sense to buy than to rent if there’s any chance at all that you can quality for… Read More
Anchoring your TV is worth talking about. A Wisconsin mom recently shared her story in hopes that other parents can avoid what she went through. Her 4-year-old daughter nearly lost her life when a TV fell from a bureau and fractured her skull. Kudos to the U.S. Consumer Product Safety Commission for spearheading a campaign… Read More
By Robert Dietz Builder confidence in the market for newly-built single-family homes held steady at 60 in January from a downwardly revised December reading of 60, according to the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). The January HMI reading is in line with NAHB’s forecast of modest growth for housing. NAHB expects… Read More
This Thank You Thursday we’d like to honor Retired Phoenix Police Lieutenant Christopher Gentis. Upon noticing a neighbors home fully engulfed in flames, Mr. Gentis braved the fire and a partially collapsed roof to rescue his 86 year old neighbor who was unable to escape on her own. In an interview with ABC15 in Phoenix,… Read More
For the first time, the U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Veterans Affairs (VA) today awarded $5.9 million in grants to 26 Tribes to offer a permanent home and supportive services to Native American Veterans who are experiencing or at risk of experiencing homelessness. The Tribal HUD-Veterans Affairs… Read More
If you experienced a financial event that dinged your credit such as a short sale or foreclosure, you’d naturally want to know if your credit score has recovered. Be very careful where your credit information comes from, the only truly free online credit report can be obtained at www.annualcreditreport.com. More Resources for Home Sellers… Read More
