After responding to a car burglary call, Phoenix Officers Cosner and Gallagher were dismayed to discover that a 5th grader’s backpack full of school books was among the missing items. One of the officers, noticing the girl’s Diamondbacks t-shirt…
Discounts for Home Sellers
Great News for Home Buyers… The Market is Cooling.
… market activity in general has been moderate. Great news for home buyers? I would say so. Ridiculously low interest rates coupled with lateral or even downward migration of home prices, factor in less competition, and the result is ‘The Perfect Storm’ for Home Buyers!
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Mortgage Rates Hover over Historic Lows but Maybe Not for Long
Mortgage Rates Hover over Historic Lows Average fixed mortgage rates ticked up slightly across the board but remain near historic lows, according to the recently released Freddie Mac Primary Mortgage Market Survey®(PMMS®). “Post-Brexit volatility tapered off over the last few weeks, allowing interest rates to bounce back a bit from their record and near-record lows,”… Read More
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The Importance of Culturally Competent Mortgage Professionals
The Importance of Culturally Competent Mortgage Professionals Home Buyers in Phoenix and surrounding suburbs represent an abundantly diverse population, and I believe there is no business that supports diversity better than the real estate and mortgage industry. According to the statistics in this article, much of the increase in home ownership over the past year,… Read More
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Down Payment Assistance Programs Save Qualifying Homebuyers More Than $17,000 on Average over Life of Loan
Down Payment Assistance Programs Save Qualifying Homebuyers More Than $17,000 on Average over Life of Loan **See below for Down Payment Assistance Programs available in Arizona Analysis of the impact of down payment assistance on the cost of buying a home— including the down payment and monthly house payments for a median-priced home in 513… Read More
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Video: Selling your home? Do you need to hire a Realtor?
Getting a home inspection in advance is something that I often suggest is NOT a good idea for Home Sellers, but there is certainly the rare case or two when it might be helpful. That’s just one of the many situations noted in this video, when a Realtor might be essential to the sale of… Read More
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The Future Is Calling! Homebuilding Innovations to Watch
The Future Is Calling! Homebuilding Innovations to Watch – Green homes and eco-friendly building options are no longer on the fringe. More and more often, Home Buyers are requesting the latest and greatest innovations in their new home. Small but powerful generators, sliding window walls, networked refrigerators are all well on their way to being… Read More
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Future Homebuyers Uneasy about Credit, Survey Says
It’s surprising to me, how many people believe that they can not buy a home. With rents soaring, home prices stable, interest rates low, and tax breaks still in place, you have nothing to loose by looking into purchasing a home. In fact I’ve had several clients who called looking for rentals, and were pleasantly… Read More
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Further Easing of Mortgage Credit Standards on the Horizon, According to Lenders
Home prices are rising slowly and interest rates have remained incredibly buyer-friendly so far in 2016, yet there is still some hesitation in the market. A bit of mortgage credit reform is long overdue. I’m thinking that government over-regulation and a recent history of tight mortgage credit standards is scaring the affordable-price and entry level… Read More
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Gilbert passes Chandler as average home prices inch upward
After remaining fairly stable for several weeks in a row, home prices in Chandler, Arizona saw a slight increase. Not surprising as this is the beginning of our busy season. See the complete Chandler Real Estate Market Update Report for the week ending March 21, 2016. Until this past week, the average home price in… Read More
