Home as an Investment
THINK LONG TERM BUT ENJOY IT NOW! Growing up, I lived in two homes in a 20 year period. We were unusual, most of my friends didn’t move during that time but stayed in their home. Those who chose to stay in…
Year: 2019
New Homes: Where and How Much Are We Talking?
Last week we touched on the comparison of buying a new home versus a used one. We said, “With the current scarcity of existing homes for sale should buyers consider buying a new build? Or is resale still the preferred course? With…
Buying New Homes vs Used?
In the past, Clients/friends of ours had made it a habit to buy a new home about every 5 years, about the same amount of time many folks would buy a new car. They seemed to always be on the lookout for…
Buy New Homes or Used? – Phoenix Metro Area
Clients/friends of ours have made it a habit to buy a new home every 5 years, about the same amount of time many folks would buy a new car. They seemed to always be on the lookout for the next best Northeast…
Listings Fall Off the Table
SHOULD PROSPECTIVE SELLERS LIST NOW OR WAIT? I don’t consider myself an alarmist. But on the other hand, our most recent numbers suggest I should be alarmed. Take a look: Well Mike, this seems pretty good to me. If I’m a seller…
History: How Much Is It Worth?
By Barbara Andersen Have you ever passed an old house or building and noticed a plaque near it saying it is on the National Historic Register? Loving architecture and history as I do, these plaques are always brain teasers for me. Why…
Needed: Out of the Box Solutions
I just finished reading an interesting analysis of the Phoenix Metro residential construction industry and the challenges it’s currently facing. The good news is that Maricopa County, being the fastest growing county in the nation, is creating the need for new employment…
Have We Solved the Mystery of Historically Low Inventory?
PERHAPS, BUT WE HAVEN’T SOLVED THE PROBLEM! It has perplexed local and national real estate experts for several years now. In Arizona it has meant a continued rise of both home values and rental prices – and unfortunately (or fortunately if you’re…
Great Numbers Alarm!
If you’re a part of the Greater Phoenix Metro Chamber of Commerce, a California firm looking to relocate to a business friendly climate, or a local business-person wanting to be a part of a vibrant growing business culture, look no further than…
The Due Diligence Period: Critical Buyer Advice
Last week we began to look at the Due Diligence (Inspection period) section of the Arizona Purchase Contract. We did this from the buyer’s perspective. This week, we’ll look more in depth at strategies a buyer can employ to negotiate required repairs…