Rental markets in the Phoenix Metro Area have exploded in recent months. As a matter of fact this article from AZ Central states that Phoenix ranks 9th for the most unaffordable cities for renters. And Millennials seem to be bearing the greatest rent-to-income liability. Great for investors. Not so much for Renters. Saving for a… Read More
Renting vs buying a home
Renting? You’re Already Paying a Mortgage, Just Not Your Own
STOP paying someone elses mortgage! Has it ever occurred to you that while you’re renting a home, the mortgage you are paying is someone else’s? The vacation you are funding is your landlords? And all your efforts are going into taking care of a property that will never be yours? That property is building equity,… Read More
Homeowners “Ready to Move On” NAR Says
Homeowners “Ready to Move On” NAR Says New property listings have come in fits and starts this home buying season. From late Winter into the beginning of Summer the Real Estate market sprinted ahead at a rapid pace, with homes priced at $220,000 and under flying off the shelf. It wasn’t unusual this past Spring,… 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
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
A 2015 Rent vs Buy Story
Buying Real Estate may not always make sense, but in 2015 the reasons for buying a home rather than renting, are multiplying fast, even faster than rental rates. Lots of people rent a place to live because they think they can’t buy. Maybe a financial event (for example bankruptcy, foreclosure, short sale) has dinged their… Read More
Who are the dominant players among today’s home buyers?
Despite the economic and financial challenges young adults braved since the recession, Millennials want to become homeowners, according to the 2015 National Association of Realtors® Home Buyer and Seller Generational Trends study, which evaluates the generational differences of recent homebuyers and sellers. Rents are rising at an unprecedented rate making home ownership the smarter, more financially… Read More