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

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 being on the market for a little while. It's enough to make sellers crazy! That said, there are a few things you MUST keep in mind and a few things agents do that separate the rookies from the pros, who're worth every penny you pay them.

Here's what you need to know...

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Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood trends, the median price and square footage of each home sold and so much more. We’d love to invite you to do the same!

You remember that pet name on "Seinfeld" right?

It doesn't even MEAN ANYTHING, but we all got it. It's a little too emotional. A little irrational and kind of annoying...

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

Cromford Report: April 2017 Recap

This video is about wire fraud- what it is & how it can affect you.

QUICK NOTE: As I prepared to do this vlog, I received an email from an escrow officer in Las Vegas whose email signature had been swiped and slightly altered so the phone number was off by a digit or 2. They were trying to get me to download something but her email signature contained this:

"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 before they loan it to use for more.

A loan officer at Wells Fargo in Scottsdale forwarded me his mortgage interest rate sheet. I try to stay current and make an effort to look from time to time. For grins, I compared my current mortgage interest rate with the one they quoted on their rate sheet. My current rate (3.625%) is lower the one on this rate sheet.

Here’s a quick video about wire fraud- what it is & how it can affect you.

QUICK NOTE: As I prepared to do this vlog, I received an email from an escrow officer in Las Vegas whose email signature had been swiped and slightly altered so the phone number was off by a digit or 2. They were trying to get me to download something but her email signature contained this:

“**Be aware!  Online banking fraud is on the rise.  If you receive an email containing WIRE TRANSFER INSTRUCTIONS call your escrow officer immediately to verify the information prior to sending funds.**

Section 1 of Chapter 355 prohibits data collectors doing business in the State of Nevada from transmitting any personal information through any electronic, non-voice transmission (except fax) to anyone outside their (the data collector’s) secure system unless encryption is employed”

You JUST CAN’T make this stuff up!!!

Have a great week!!

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:

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...