Note from Bill: Regulations for buying a home after a financial event; short sale, foreclosure or bankruptcy, could be changing for the better! Call me for the latest information. You might be pleasantly surprised. Video: Buying Beats Renting in More Than Half of Markets This is definitely the case, at least right here, right now…. Read More
Arizona Real Estate
The Importance of the Title Commitment to a Smooth Closing
A document that few people pay attention to, can make or break your home purchase or sale. The Title Company often seems incidental to your real estate transaction but the role they play is critical. Other than that great kitchen or that sparkling pool, do you know exactly what you’re buying? The Title Company does… Read More
Gentrification: How to Identify Promising Markets
We’ve seen this happening in and around some of the older communities in the Phoenix area lately-urban renewal; small businesses incorporated into residential neighborhoods, the tearing down and rebuilding of older homes, new construction popping up on long-vacant lots, entire blocks being renovated. It’s working well in other major cities. There is controversy here however…. Read More
Great Spaces: Hollywood Home Offers Panoramic Views
Wow, what an amazing property! Set into a hillside overlooking LA, this home’s design is as polished as its location. Sadly, this one sold recently. Where might you find a similar home in Arizona? Scottsdale, North Phoenix and Cave Creek all offer rolling terrain where you might discover a bluff-dwelling residence with gorgeous views. Call… Read More
Past Weeks Market Activity Closely Following the 90 Day Average
In both Gilbert and Chandler, Real Estate market activity for the past week is nearly a photocopy of average conditions for the 90 days since the beginning of 2016. Check the graphs for median price, price per square foot, inventory and days on market. Complete Gilbert Real Estate Market Update Report can be found here…. Read More
Thank You Thursday Appreciates the Generosity of Kawasaki and Brandon Jenkins
One week ago today, U.S. Army Veteran Brandon Jenkins was inadvertently caught in the destructive path of a local criminal. The motorcycle he purchased after his recent deployment in Afghanistan, was driven over and destroyed in a senseless act of road rage. Fortunately Mr. Jenkins was not seriously injured, but another victim who’s car was… Read More
Fixed Mortgage Rates Remain Stable… but for how long?
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
Spring Buying Season Starts Early. Check the chart, is your city in the top 20?
Note from Bill: Wondering what the median list price is for homes in your area? Average days on market? Which price ranges are moving fast due to low inventory? If you’re looking for specifics on anywhere in the Greater Phoenix area I’d be happy to get you those numbers. I have complete Real Estate market… Read More
Video: Home Buying and Maintenance Advice
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
Average Time to Close a Loan Increases to 49 Days
This past fall marked the dreaded TRID start date. Promises by lenders that closing schedules would not be affected proved to be, not surprisingly, empty. TRID has indeed had an impact on closing dates. However, home sellers seem to be accepting of the changes and I believe education is the key. Walking through a timeline… Read More