We’ve been teetering on the edge of an uncertain housing market for some time now. The Rent vs Buy decision has become even more debatable than ever. Wondering about the stability of home prices in certain areas has caused buyers to question their choice of locations, and erratic mortgage rates certainly don’t help in determining… Read More
Home prices undoubtedly soared over the past couple years, but as any renter can tell you, rents have absolutely exploded. According to an article in the New York Post, rent increases in 2021 were more than double what they had been in any previous year. A recent decrease in home prices has been old news for a few… Read More
The gradual upward movement of Arizona’s current Real Estate market is very much like most other markets throughout the U.S. The rate of Arizona homeownership has been on an upward trajectory since 2015 when it hit a 20-year low point of 61.7%. 2016 saw a moderate rise to 61.9, and a substantial increase to 64.4%… 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
Renter’s Dilemma… Accept Rising Rents or Save for a Down Payment? I’ve demonstrated to several rental clients recently, that owning a home will likely cost them less each month than renting. As a matter of fact, hundreds less for two new Renters-Turned-Home Buyers. There seems to be a misconception (perpetuated all over the web and… Read More
Rents have gotten way out of hand, in the Phoenix area and it would appear, throughout the country. You might believe you can’t buy a home, but you might be wrong. Watch the video about a couple I recently helped to buy a great home … they thought they couldn’t buy when they came to me to find a rental…
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
Following the housing market’s best year since the recession, existing-home sales are expected to increase in 2016 at a moderate pace; although affordability pressures from inventory shortages and rising mortgage rates could slow the potential for even stronger sales momentum, according to an economic forecast forum held last week at the 2015 REALTORS® Conference &… Read More
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
