Two weeks ago we talked about the importance of home buyers having a quality home inspection. This is especially true because of Arizona’s recently updated purchase agreement forms. These amended forms make no requirement of a seller to perform any repairs to…
In last week’s blog, I stated the following: Now, the buyer is buying the home subject to their accepting the condition of the property, which makes the Buyer Due Diligence period crucial. The buyer has 10 Days within which to perform all…
Now More Than Ever, a Good Home Inspection is Crucial A few months back, the Arizona Association of Realtors in conjunction with a cadre of real estate, legal, and title officials changed language in our purchase contracts deleting what was known as…
I have shown 35 homes on a weekend and 19 in one day. And that one day was 112 degrees. This is not a nice desire of the buyer. It’s mandatory from their vantage point. Most often they are being transferred /…
Supply Down. Pending Sales Down. Sales Up. Values Up. Some interesting findings in our August report, though few surprises. The few surprise categories include the continuing trend of lower listing inventory, steady and healthy appreciation rates, and higher sales than one year…
My family has successfully invested in multi-residential properties in the Phoenix area over the years and we’re in process of doing so again. My only regret is that we didn’t buy more before. What types of multi-residential am I speaking of? Well,…
Many assume that real estate is an easy gig which pays big bucks. It can pay big bucks, if you work very hard for a long time and have a good business model, but the reality is for most agents it ends…
Can an agent cherry pick what information he wants to disclose to his client? A case in point: I write up an offer for John and Sally. During our negotiations with the seller, another buyer slips in the back door with a…
July 2017 Market Report Migration Trend is Interesting Supply, and its continued reduction, remains the notable story amidst the Valley’s real estate market. The supply of homes for sale remains significantly lower than last year, and the gap widened slightly compared with…
Cromford Market Index is a value that provides a short term forecast for the balance of the market. It is derived from the trends in pending, active and sold listings compared with historical data over the previous four years. Values below 100…