Invaluable Home Maintenance Checklist
Pay me some now or pay me a lot later seems to be a law in life! And where it’s especially true is in the maintenance of a home. Yes, even a new home requires maintenance. When our clients purchase or sell…
Mike Bodeen
Your City’s Home Appreciation
When it comes to the rates of appreciation for our towns and cities, the Cromford Report periodically publishes a terrific chart for our top 50 cities and towns, which we’ve included below. If you’re an investor type looking for a great rate…
Chronic Listing Shortage Continues!
Our summer heat’s been turned up, and the heat of the real estate sales market has as well. As home values approach the record high numbers of 2005, some folks with longer memories are whispering the “B and B” words, as in…
Here They Come!
We knew it was just a matter of time before our neighbors from California with hugely priced real estate would heed a new relocation mantra, “go east young man (and woman).” According to a recent article in the San Jose Mercury News…
Mortgage Rates – One Man’s Perspective!
Last week, the Wall Street Journal (WSJ) published a story titled “Era of Ultracheap Mortgages Ends as Rates Hit 7 year High.” https://www.wsj.com/articles/the-era-of-low-mortgage-rates-is-over-1526635801 Well this took me back to a bygone era. In 1982, a wonderful friend and fellow Realtor in my…
How Education Effects Real Estate Values
Arizona education is in the news, inside and outside of Arizona. We’re all familiar with the recent #RedforEd movement that took place across the country and successfully in Arizona. Per this effort, Arizona public school teachers will most likely be getting a…
The Market – Seller Strength ~ Buyer Bummer
Well, there’s continued good news for sellers and continued not so good news for buyers. Because all of us on the Bodeen Team are homeowners, we’re personally thrilled with this news. However, because all of us represent buyers as well as sellers,…
Where Home Inventory is Best and Worst
Our local real estate news continues to be positive for sellers and not so much so for buyers. And now, supply is even dropping in the higher price ranges as well. Across the board in Metro Phoenix, active listings for sale are…
Prices Rise! / HomeSmart Soars!
Phoenix is rising, but it’s effect is a mixed bag. Temperatures have hit the high 90’s recently and we’ve seen gas prices leap high just in the past month. Mortgage rates have risen as well, though thankfully they’re still in the mid…
The Human Factor
I’m currently in the midst of negotiating a property sale for a buyer client in the Southeast Valley. It’s hit a VERY delicate point in the negotiations. At the time of this writing (Monday am) the outcome remains in doubt. These human…