(Hint – It’s Not the Appraiser) We often share with our clients that appraisers do not determine a home’s value. Neither do sellers or Realtors for that matter. Sellers, appraisers and Realtors (and yes, your next-door neighbor) can give an opinion of…
Question. Does there come a time when applying a high-pressure sales approach to buying a home is the right approach? Consider: Some home buyers buy quickly. First-time buyers would seem to fall into this category more often than not. Some buyers on…
Just as temperatures are heating up every summer, we usually see a cool down in the market. Less buyers cruise the streets in search of a home and less sellers have a mind to list. Often during this time, prices will remain…
One of the most common questions posed to us from buyers is, “Why is the seller selling?” The buyer is asking the question usually for one purpose, and that is to see if it might help him in his negotiation strategy. Obviously,…
Six Year City Appreciation Rates 2011 was the bottom of our real estate market value-wise. As we near the mid-point of 2017, we’re taking a look at appreciation rates from the same 25th week of 2011, (6 years ago) and offer a…
Let’s face it, not many of us would mind living within a mile of Starbucks, Trader Joes, or Whole Foods, right? And in fact, many of us do. Would you believe that a recent article by Zillow stated that if you do,…
October 2010 was the peak of the horrific mortgage meltdown leading to the worst real estate market in Phoenix Metro history. Foreclosures, where folks lost their homes and had to move out, averaged 164 PER DAY. In June of 2017, foreclosures are…
The Phoenix Metro residential real estate sales market continues strong. It may not be exciting, but it’s healthy! May 2017 Sales increased almost 12% from May of last year. Supply is still significantly lower than last year, but not quite as much…
This Memorial Day weekend I began sifting and sorting through decades of paper files with the goal of continuing to file everything (important) in the cloud, and recycling everything else. I was amazed at some of the stuff I had hung onto….
Nationally, when accounting for population growth, the pace of sales today reflects what economists consider a normal market like that of the early 2000s, when the pace of sales was just under 5 million homes a year. The pace of sales topped…