Though the luxury housing market nationwide has experienced a resurgence in the past year, an article written by Inman News and re-posted on the WFG Title Company blog describes a recent rise in inventory within the luxury market, which in many cases has resulted in a noticeable slowdown of price increases and a general loss… Read More
Unemployment statistics are promising but it may not be what you think. So far this year, job growth has actually been slower than anticipated, yet employment numbers continue to drop… more on the reason for that below. So what does this mean for our Real Estate market? Higher unemployment was one of the main factors… Read More
How much money will I save buying an ‘energy efficient’ home? Sorry, I don’t think anyone can tell you that with any accuracy. The numbers I’ve seen among my client’s results are all over the map, and energy saving features range from a few appliances to every system in a whole house. Green Homes seem… Read More
Selena Gomez’s Fort Worth, Texas home, admittedly quite an investment, could be yours. At 10,016 square feet it is massive, chic and eclectic, tastefully elegant, and with endless luxury amenities it is undeniably livable… it’s also for sale! We occasionally enjoy featuring luxury properties from other locations throughout the country. Although some of these residences might… Read More
When will we see a balanced Real Estate Market? Our market is just beginning to pick up for 2018 after the usual holiday falloff. I haven’t yet seen evidence of increased housing inventory here in Arizona, but I am cautiously optimistic that the experts know what they’re talking about. An extended lack of inventory generally… Read More
Here there be Jobs & Salaries in Sync with Rents & Mortgages… namaste. It’s not everywhere that you’ll find salaries that are perfect harmony with rents and mortgages, but several major U.S. cities,including Phoenix AZ, can boast that distinction… especially if your field is in one of the ‘in demand’ arenas like Health Care. Phoenix,… Read More
Survey Says: Income, Spending and Housing Confidence on the Rise Consumers are a bit more optimistic about their household finances, expecting not only household incomes to grow, but also their household spending, according to the results of the Federal Reserve Bank of New York’s Center for Microeconomic Data Survey of Consumer Expectations (SCE) for 2017…. Read More
Plan to Wait for New Construction Homes, Where and Why. Residential new build homes are not exactly flying off the shelf lately. It’s not because people aren’t buying brand new homes, quite the opposite. As a matter of fact, Phoenix AZ alone forecasts nearly 30,000 new home permits by the end of 2017. That doesn’t… Read More
Consumer Confidence Up: As Goes Arizona, So Goes the Nation. Consumer confidence kept improving in August, posting a 122.9 reading in the latest Consumer Confidence Index® from The Conference Board. The Expectations reading of the Index rose to 104.0, while the Present Situation reading rose to 151.2. July’s reading was 120.0. As of September 1,… Read More
A Rare Balance: Mortgage Rates Hit a New Low, Home Prices Remain Stable. I realize this isn’t the season that most folks choose to move. Kids are settled into classrooms, ‘bad weather’ season is on its way in most parts of the country, and the holidays are creeping up fast. I get all that, I… Read More
