A question that comes up periodically from home-buyers of every era I’ve been in residential real estate – yea, like since 1976, is “What about buying or building a new home? Is that a good way to go?” It’s a great question…
Is Phoenix entering a rent crisis period? This is an important question which needs to be understood. A recent article in the Arizona Republic indicated that Phoenix is the 9th least affordable city for renters in the country. This was quoting a…
Or is this Another “Cry Wolf” For so many years, that I’ve lost track, we’ve expected mortgage rates to climb up from the depths of the mid 3% range to the low 4’s. We’ve been encouraging folks to get off the fence…
Chandler and Scottsdale, #1 and #2! Peoria and Gilbert Right Behind! Anytime discussion turns to the future of Arizona’s quality of life, a myriad of considerations are in play. Education plays a large part of this prognostication. In higher education, for example,…
How does it Affect Us? As we’ve blogged for years, “all real estate is local!” We’ve usually written this as it relates to the value of residential real estate, which is where our expertise is. The national appreciation rate (for example, as…
26% $/SF Rental Rate Increase in Less Than 4 Years! We spent some time in recent issues looking at the residential real estate sales market prognosis for 2018 and now it’s time to focus on the very important rental market. Most of…
Five Reasons Why Welcome to 2018! Ready or Not Here We Go!! Back in 2017 (last week’s issue) I wrote that there are 5 Reasons why I believe we’re looking at a continued strong and healthy Phoenix residential real estate market in…
Five Reasons Why 2017 is almost history. For the Phoenix Metro area, it was, by most accounts, another consecutive, solid, and successful year for residential real estate. Can 2018 match 2017? Yes. And more! There are a number of “solid” reasons why…
In most parts of Arizona the FHA loan limit will increase from $279,450 up to $294,515 with exception to Flagstaff being at $362,250. https://www.hud.gov/press/press_releases_media_advisories/2017/HUDNo_17-110…
We’re winding down the 2017 Phoenix Metro residential real estate market, which should go down as the 6th consecutive year of a stellar and balanced market, not seen — ever! Well, ‘ever’ is a long time, but not since 1994 when I…