Market Conditions

Dec. 1, 2014

Just Sell Your Home or Fix First and Then Sell?

At the beginning of the year, I wrote a blog about how investing a little money into your home prior to listing would go a long way with attracting buyers and selling it more quickly. Today, I thought I would drive that point home again with some examples of how …

View More
Oct. 7, 2014

A Few Reasons 2015 Will Be a Good Year for Phoenix Real Estate

We're officially in the 4th quarter! Where did the year go?? Despite low demand, low sales volume and a relatively high, but now retreating supply of homes for sale in Phoenix & Scottsdale, 2014 has been a rather unremarkable year. There are still tons of buyers out there kicking …

View More
Sept. 5, 2014

2003-2014: Is the Average Phoenix Mortgage Payment Up Or Down?

That's a good question... How well do you think you know our real estate market? It boomed and went bust... There has been lots of talk about inflation over the last several years... But did the mortgage payment for the average home go up or down?

I love how …

View More
Sept. 2, 2014

Video: How to Know Whether Refinancing Your Mortgage Makes Sense

I'm trying something new. Instead of a written blog, here's a video instead:

I've talked to lots of clients recently about refinancing their homes. Rates are low- in some cases they're as low as they were when they last bought or refinanced, but there's more …

View More
Aug. 7, 2014

A Slowdown for Rentals as Real Estate Recovery Continues?

This morning, ARMLS released it's Rent Check statistics for August 2014 showcasing the Valley's leasing market. Year to date in the Phoenix area, rentals continue to perform very well in comparison to the previous years going back to 2005. Leases did make up a significant portion of my …

View More
June 28, 2014

Are the Tides Turning In Favor of Phoenix & Scottsdale Sellers?

DSC05581These are some insightful statements from the Cromford Reports for today (6/28/14):

"One of the more surprising things about the market this month is the relative scarcity of new listings. Over the last 4 weeks we have seen 5.5% fewer new listings added to the ARMLS database …

View More
May 6, 2014

Phoenix/Scottsdale Market Activity by Price Range

I thought this was a great chart from the Cromford Report published on Saturday, 5/3/14:

"Let us examine the contract ratio by price range to see which sectors are warming up and which are cooling off. This is for single family detached homes and compares May 1, 2014 …

View More
April 24, 2014

Top 10 Reasons Owning Your Home Beats Renting One

OwnVsRent

 

  1. Not having to answer to a landlord.
  2. Paying YOUR mortgage & expenses beats paying someone else’s
  3. Being able to tap into your home equity in case of emergency.
  4. Appreciation (MORE MONEY!) if/when you’re ready to sell.
  5. Not having to move because your landlord booted you.
  6. Being able to …
View More
April 3, 2014

8 Tips to Get Your Home Purchase Offer Accepted

Originally written on 5/23/13 and updated on 4/2/14.

PurchaseContractAre you frustrated that you can't get your offer accepted? Have you made offer after offer with little luck? Are you considering walking away from buying a home?

With the spring market fully underway and the real …

View More
March 24, 2014

Are Mistakes Lurking in Your Home's MLS Listing?

ErrorsIt's officially spring and many optimistic Phoenix & Scottsdale sellers are listing their homes with the homes of moving on to greener pastures before the heat of the summer. In many REALTOR®s haste to get a home into ARMLS, mistakes aren't uncommon. They can be as harmless as …

View More