The Greater Phoenix Valley has not quite reached the frenetic pace of Realtor.com’s Top 10 Cities Selling Above Asking Price, but we could be getting close. I rather hope not. I’m not sure activity in our market could be defined as ‘Bidding Wars’ yet. Multiple offers in the East Valley are common in lower price… Read More
First Time Home Buyers
Infographic: Does the Gender Pay-Gap Price Single Females Out of the Home Buying Market?
Infographic: Does the Gender Pay-Gap Price Single Females Out of the Home Buying Market? Of the single home-buyers I’ve dealt with over the past several years, I would estimate that 80% were female. My personal statistics do not square with the national average. On the other hand, Real Estate is still very reasonably priced in… Read More
Infographic: Millennials are Buying Homes Where?
At number 24, Gilbert appears higher on this list than any other Phoenix Valley city. Completely understandable. Gilbert has built their stellar reputation on superior city management and lots of community involvement. Schools are good. Parks, biking and walking trails are plentiful. Entertainment opportunities are unmatched. Housing prices are slightly higher than most Phoenix Valley… Read More
Millennials Investment Plans Include the American Dream – Infographic
Millennials faced a challenging job market when they graduated, but as the economy is looking up, Millennials are looking forward. From a lifestyle perspective, buying a home is still the American Dream. From a practical standpoint, Millennials realize the investment value of owning a home of their own. As in anything worth running after, there… Read More
3 Tips to Keep in Mind as You Search for a Starter Home
3 Tips to Keep in Mind as You Search for a Starter Home. Buying a home is like a puzzle, there are a ton of little pieces that need to be put in place; mortgage pre-approval, your list of wants and needs, finding a Realtor that suits your personality. I often tell my first time… Read More
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
Limited Inventory Blamed for Rise in Starter Home Prices
First-Time Buyers are finding prices for starter-homes rising all over the country but mortgage interest rates are lower than ever, which in some cases, could even the score… maybe not for long. Interest rates on home loans have been low for quite some time now but with the shake-up in the European Union, US financial… Read More
Video: Marketing Your Home to Millennials
The millennial home-buyer market is huge and you can’t go wrong with updates that will appeal to this 24-32 age group, after all, this kind of modernization can only get more valuable in the future and will make your life easier while you’re still living in your home. The video below contains a few tips… Read More
Home Loans Hampered by Regulatory Burden
Eighty-six percent of the typical bank’s mortgage loans made last year were “qualified mortgages,” according to the American Bankers Association’s 23rd annual Real Estate Lending Survey. Despite an increase in non-QM lending, the survey results revealed that 72 percent of respondents expect the Consumer Financial Protection Bureau’s mortgage lending rules will continue to cause a… Read More
Video: Buying Beats Renting in More Than Half of Markets
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