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
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
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
We research almost everything from electronics to restaurants before making almost any decision, but I wonder if you’ve thought about doing your research on what is arguably one of the most important financial decisions you’ll ever make? Buying a home is major undertaking and yet we often rely on the advice of family, friends and… Read More
In January, mortgage applications for new home purchases increased by 14 percent relative to the previous month, according to the Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data. By product type, conventional loans composed 67.4 percent of loan applications, FHA loans composed 19.5 percent, RHS/USDA loans composed 0.7 percent and VA loans composed 12.4… Read More
With Tax Day right around the corner, Homeselfe is raising awareness about large tax credits available for those who made energy efficiency upgrades to their homes in the 2015 tax year. Homeselfe wants to ensure American families receive the maximum refund they are eligible for in their tax returns by keeping up to speed on… Read More
This year started off with the average time to close a loan increasing to 50 total days, according to the latest Origination Insight Report released by Ellie Mae®. While the average time to close a refinance increased one day from 47 to 48 days, the average time to close a purchase loan climbed one day to… Read More
Today I found out that I was recommended by someone I don’t even know. Real Estate agents are an odd lot. Among the brood attracted to this profession there doesn’t appear to be a type, unless that type is ‘different’. Lawyers and Engineers seem to have just been born that way. Computer geeks are recognizable… Read More
Gilbert, Arizona – The most expensive home sold in Gilbert this week had a sales price of $2,290,000. See complete Real Estate market stats in our City Overview for Gilbert, AZ. Chandler, Arizona – The median list price in Chandler this past week was $339,950. For complete Real Estate market stats check out our City… Read More
Drum Roll Please… seriously, our Thank You Thursday goes to… I can’t wait any longer to express my appreciation to the individual responsible for declaring National (whatever) Days. I just have to admire the fact that virtually EVERYTHING has a day of it’s own; ‘Brownies’, ‘Turtles’, ‘Curling’, even ‘Quiet’ for pete’s sake! With unique calendar… Read More
