Most people would not normally begin the home buying process until they felt that they were ready to make a move. In the case of a New Construction home however, it is almost always advisable to initiate your search much sooner than that, even up to a year in advance of your desired moving date…. Read More
Low Interest Rates
Infographic: The Millennial First Time Home Buyer Looks Like This
The closing was earlier this morning. The location is an in-demand community in Chandler, Arizona. The sales price was in the upper $200s, and the first-time home buyers and excited new homeowners, Chris & Tiffany, are Millennials. The above is a common scenario in Arizona’s busy 2018 Spring real estate market, indeed throughout the country… Read More
Rising Interest Rates: Who’s Afraid of the Big Bad Fed? You Probably Shouldn’t Be.
Rising Interest Rates: Who’s Afraid of the Big Bad Fed? You Probably Shouldn’t Be. According to RISMedia, mortgage rates actually dropped this week after several rounds of rises. But even prior to this moderate dip interest rates still stood very firmly in favorable territory for Home Buyers. Read on to see how the Fed’s decisions… Read More
Trulia Report: Homes in the First Time Buyer Range in Short Supply.
Trulia Report: Homes in the First Time Buyer Range in Short Supply. As a rule I’m not impressed with Trulia. Their home values are skewed by incomplete and vague information, and often the availability of a specific property is inaccurate i.e. not corresponding to the MLS data from which it is borrowed. Having said that,… Read More
Price Check: Housing Affordability Still Positive
Price Check: Housing Affordability Still Positive All of the cities on the ‘least affordable list below’ are located in California. This is not news, California as a whole has always lead the pack in rising home prices. The report and complete Index Listings are available here. In Arizona, Siera Vista and Tucson rank fairly high… Read More
Video: News About Credit, It’s Not all Bad – 5 Things That Won’t Ding your Credit
Most of us try to keep tabs on our credit score. Seems we’re always talking about credit, I guess because our credit scores affect practically everything we do from getting a low interest rate when we buy a home, to finding insurance or getting a job. There are a few things however, that you might… Read More
Gen X, the Next Big Wave of Home Buyers
Gen X, the Next Big Wave of Home Buyers Staying above the curve in the home buying market is not easy these days. The curve is firmly balanced on the shoulders of the Baby Boomer generation and has been for some time, ever since they were in their 20’s. That’s a good run! Though Boomers… Read More
Video: How to Buy a House, the k.i.s.s. method
Contrary to popular belief, buying a home should never be complicated, confusing, stressful, or frustrating, and if your Realtor is doing their job, it won’t be. With the proper systems in place your transaction can be smooth, exciting and even fun. There really are lenders who won’t lecture you, home inspectors who won’t alarm you,… Read More
Video: 3 Home Buying Tips for Today’s Market
3 Home Buying Tips To Keep in Mind Interest rates remaining at historical lows is may be one of the few factors still favoring home buyers. With real estate inventory numbers flat and home sellers still in a ‘seller’s market’ mindset, an efficient and well-informed home buying strategy is crucial to your success. It’s important… Read More
Positive Trends in Housing Confidence
Positive Trends in Housing Confidence. Though the Real Estate market is quieter than in recent months, there is still a slight upward trend, though I’m not sure how long this will last. I believe low interest rates will remain but the historic lows we’re seeing right now may soon be a thing of the past…. Read More