The Arizona luxury home market is booming. AZBigMedia recently reported that a 14.5M home in Paradise Valley, a region Northeast of Phoenix and just North of Scottsdale, set a record for the highest per-square-foot expenditure ever in the Phoenix Metro area at $1,566.55 per square foot. According to the post, “the 9,256-square-foot custom home sits… Read More
The Real Estate market appears to be equalizing in many parts of the country, meaning neither home buyer’s nor home seller’s hold all the cards. In these rare moments of balance, advantages can be gained by either party with smart negotiation, knowledge of strategies to employ and exactly how far you can stretch your advantage…. Read More
I never thought of the word ‘normal’ as comforting before. But as it applies to today’s Real Estate market, ‘normal’ is a virtual security blanket for Realtors, home sellers and buyers alike. The statistics in the article below illustrate a Real Estate market that can easily be called normal, maybe even healthy. For comparison’s sake,… Read More
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
