Why Multi-Generational Housing is Growing
And by the way, that may not be a bad thing… My friends Brice and Sharon (not their real names) asked me a few months ago to come by their home in Scottsdale to chat with them about whether or not (from…
Mike Bodeen
A Home Inspection Deal Killer
Well, we had wonderful news last week regarding Barb’s young clients negotiating and getting the home of their dreams. We also had their Dream Home inspection a few days ago. Wish we could say the results were also a dream. Out of…
Why the Little Things Matter When Writing an Offer
Barb (one of my team members) called me yesterday as she was going to write an offer for some young clients who found that proverbial “perfect home.” Our football Cardinals had already demolished Detroit earlier in the day, so I was good…
The Small and Large Things Matter
The Small and Large Things Matter Barb (one of my team members) called me yesterday as she was going to write an offer for some young clients who found that proverbial “perfect home.” Our football Cardinals had already demolished Detroit earlier in…
Home Sweet Home or Investment?
The recent 3rd Quarter downward trajectory of the stock market has been taking a large portion of our nation’s business news lately. After all many homeowners are invested in stocks, bonds, etc. This makes for the always interesting question: Do you see…
All Real Estate Is Local!!!
ALL REAL ESTATE IS LOCAL!!! What $350,000 Gets You in San Francisco! 765 Square Feet in Need of Work – $458 Per Square Foot This tiny one-story abode is being showcased as a single family home. The listing describes the property as…
All Appreciation is Local
Last week we quoted our local real estate number crunching guru, Michael Orr, (ASU/Cromford Report) who stated that, “Appreciation of around 5% (Phoenix Metro area) seems to be the order of the day. This may not appear to be a big number…
Prices to Rise. Rents to Rise More?
PRICES TO RISE. RENTS TO RISE MORE? September Sales Report “Appreciation of around 5% seems to be the order of the day. This may not appear to be a big number but in a deflationary climate a 5% climb should be interpreted…
Northeast Valley Listings Down! Sales Up!
Price range is important when determining values and trends. If I were to tell you that the Northeast Valley (NE Valley) showed a drop of 6% in listing inventory compared with one year ago, you might say, “Oh, sure, whatever.” Or, I…
Stocks Versus Real Estate?
STOCKS VERSUS REAL ESTATE? At last glance this Monday morning, the stock market’s DJIA was off 200 points. That’s really good news considering it started the day being negative by 1000 points — something about China’s slowing economy affecting our market. Hmm….