Have you heard the grumblings about *EEK* a recession. Don't say it too loud. People get very anxious when they hear that word.

Real estate is hyper-local. Even if other cities start to deteriorate, Phoenix may not be affected or it could be worse. If there is one around ...

"None of the experts are forecasting another big drop in Valley home values anytime soon.

But Tina Tamboer, senior housing analyst with Cromford, expects home prices to appreciate much more slowly and potentially flatten out this year.

She said Phoenix-area home prices could even dip next year, but only slightly.”

Source ...

Over the years, I've had friends, family & colleagues coming to me asking about appraisals.  Usually, it's to say that they just got one and the appraiser "clearly must have been smoking something"...  A lot of folks are looking to take advantage of the low interest ...

In a nutshell, here’s a market recap of how real estate went down in April…

Cromford Report: April 2017 Recap

“Seller Concessions Have Risen Despite Buyer Frenzy

For Buyers:
Buyers continue to find themselves in a frenzy of competition for homes as March recorded the highest number of non-distressed sales through ...

We're in a legit seller's market & have been through 2017 to this point.  This summer, typically our S.L.O.W. season, was so busy that I haven't had a vacation yet... The last 2 homes I've put in escrow sold with multiple offers after ...

In a nutshell, here's a market recap of how real estate went down in April...

Cromford Report: April 2017 Recap

"Seller Concessions Have Risen Despite Buyer Frenzy

For Buyers:
Buyers continue to find themselves in a frenzy of competition for homes as March recorded the highest number of non-distressed sales ...

"Mortgage rates are going up!"

Yeah........ I hear that a lot. But what does that mean and how does it affect you? Is the sky falling?? The short answer is "a little". The Federal Reserve lowered it's interest rate ("Fed Funds Rate") or the money banks pay to borrow money ...

I'll be the 1st to admit, I hate being in front of a camera, but I'm back at it again. Watch this video for a quick run down of what's going in our area, over the next few months:

Here are the links to the events I mentioned ...

There are 2 sides to this story- one for Sellers & one for Buyers. There are pros and a whole lot of cons. Let's take a look...

Sellers:

Frequently, frustrated sellers with homes to sell find themselves with a willing tenant throwing the "lease-option" or "lease-to-own" plan into their ...