Now is definitely the time for home buyers to be looking at New Construction homes. I’ve been tracking builders in the Phoenix area, especially in the East Valley, for many years now and I can honestly say, that I’ve never seen home builders offer such deep discounts and incredible incentives on newly built homes. —… Read More
Did you know… all credit scores are not created equal? Your credit score and your credit report are two different things. Credit Reports are a detailed history of your use of credit over many years. A credi score is an aggregate of all that information reduced to a number. A note of caution: The only… Read More
Right off the bat I want to set your mind at ease. The Real Estate market does not appear to be in crash mode, at least not of the 2008 variety with which we are all painfully familiar. This is an adjustment, admittedly an unusual one. I know… I too roll my eyes at the… Read More
Are you planted firmly on the Rent vs Buy fence? That’s where my clients were. The dilemma they found themselves facing is a very common one. They’ve been renting a residence here in the Phoenix valley for several years. As rents were relentlessly increasing, they began to explore the possibility of buying a home. Home… Read More
Who are the Home Buyers? A large percentage are Millennials. What’s motivating the current Millennial home-buying frenzy? First and foremost, interest rates! Rates have remained at historical lows, partly in an effort to maintain the strength of the housing market, but that’s not the only force driving home buyers. As the RIS media post below… Read More
Home Sellers may be reluctant to put their property on the market right now, and that’s understandable maybe, but is it a smart financial move? The current lack of inventory in the Real Estate market, coupled with low mortgage interest rates, and the very simple fact that ‘everyone has to live somewhere’, have created the… Read More
I’ve never seen anything like it… incredibly low, almost ridiculously low mortgage interest rates, in the high 2’s !! If you’ve been putting off that home purchase, now is probably the time to get off the fence. I could be mistaken, but I can’t imagine you’re going to find better (read LOWER) mortgage interest rates… Read More
Homes Are Selling Faster and Prices Are Rising. This isn’t what anyone might have predicted for the Real Estate market during a pandemic. A lingering nationwide lack of inventory, worsened by Covid 19, is clearly responsible behind the scenes. But even though demand experienced the anticipated drop-off at the onset of the quarantine, it proved… Read More
Sales figures for New Construction homes closed in July are not in just yet. But I’ve spoken with several builders in the past few weeks and they’ve told me they are crazy busy, even having difficulty keeping up with the limited number of lots they are permitted to release for sale each week. The timetable… Read More
Along with Coronavirus being a novel occurrence, so too are Mortgage Interest Rates. I know I’ve never seen anything like it, some rates are under 3%. Personally, I would be thrilled if I were in a the market for a home right now. It might seem like a strange time to be buying a home,… Read More
