The face of home design is changing. In 2022, one of the most sought after features for home buyers is office space. While most children have returned to school full time, many families are still dealing with at least one adult working from home, oftentimes two, with the possibility of permanent remote employment. Combine that… Read More
Zillow
Do Renters Now Prefer the Suburbs?
Recent Zillow research confirms there is some validity to the theory that renters are choosing the suburbs over city life. Similar to home prices, rents are rising everywhere, but more so in areas immediately surrounding many major cities. It only stands to reason that communities where rents are increasing are the ones that are most… Read More
Where to Get a Metro Vibe Without Living in the City
So what suburbs provide that coveted Metro vibe without actually living in the big city? Zillow and Yelp‘s ‘Cityness Index’ keeps a running list and their report placed Tempe, Arizona 10th. Not at all a bad showing, but being familiar with several of the other suburbs on this list I am confident that it should… Read More
Homes Are Selling Faster and Prices Are Rising
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
Totally-On-Line Home Buying, New Trend or New Normal?
Buying a home sight unseen is nothing new. I’ve sold several homes in the past, to buyers who completed the transaction entirely on-line, by phone and via courier. But in the world of residential Real Estate, that sort of thing has, up until now, been of the ‘few and far between’ variety. Enter Covid 19…. Read More
Home Sellers: Get the Biggest Bang for Your Upgrade Buck
Setting the appraisal aside (which is something I find difficult to do but I’ll give it a go at for the sake of sticking to the point) home updates can do one of three things for a home seller. They either increase the value of the home, decrease the days on the market, or they… Read More
What Does an Increase in Real Estate Inventory Mean for You?
Following the lead of the nation as a whole, our state saw a slight increase in Real Estate inventory last month. For Arizona at least, this is noteworthy. I suppose logic would suggest that inventory has been so low for so long that a rise was inevitable, but my feeling is that a market jump… Read More
Zillow Real Estate Report: First Quarter 2018 is Outpacing 2017
Already our 2018 Real Estate market is blowing away last year’s stats, and the Phoenix area is not alone in its home shopping free-for-all. Zillow reports that most of the country is feeling the squeeze of the abundance of eager home buyers versus a shortfall of available listings. I tend to accept that the Real… Read More
You Know About Closing Costs, so How Much More Will You Spend?
You Know About Closing Costs, so How Much More Will You Spend? Whether you’re selling or buying a home, there are of course the little things like deposits and connection or disconnect fees for utilities, cable TV and WiFi. But as we all know, the little things add up quickly. Both Home Buyers and Home… Read More
Shrinking Inventory Increases Home Values Beyond Predictions
Home values are appreciating faster than experts expected, rising almost 5 percent over the past year, according to Zillow® Real Estate Market Reports. There are 3.4 percent fewer homes for sale in the U.S. than there were 12 months ago. Zillow forecasted home values would grow 2 percent from April 2015 to April 2016, and outside housing experts… Read More