Over the decades, millions of articles have been written about how to buy a house. Many of these articles are excellent. Many are not. Why would I consider writing another? Fair question. Well for one thing, not all these articles are State…
Arsenic in the well – Did we get the deal done? You may recall that a recent blog discussed a home we have in escrow in the Desert Hills area of North Phoenix and that the VA (buyer’s lender) wanted a passing…
Here’s a new one for you, at least it is for me, a Zombie Property. A Zombie property, is any property that has “started the foreclosure process but never been foreclosed and the homeowner has vacated the property.” Zombie properties serve as…
Multi-Family on the Up Phoenix, Scottsdale and Tempe Have Lion’s Share of New Permits With the sluggish Single Family (SF) market currently in place in the Phoenix Metro area, builders have slowed on SF construction and instead have been focusing on the…
Are Realtor Efficiencies Helping or Hurting Clients? A large local real estate team brought a buyer to one of my listings recently. The negotiations went well, the parties were very amicable, a deal was struck and escrow opened. The 10 day “Due…
Huge Demand for Rentals is Spurring Rent Increases Advice for Would-Be-Renters We’ve shared over the past few weeks how a lack of buyer demand for purchasing a home in the Metro Phoenix area has led to a lethargic (read: S…L…O…W) sales market….
Huge Demand for Rentals is Spurring Rent Increases Advice for Would-Be-Renters We’ve shared over the past few weeks how a lack of buyer demand for purchasing a home in the Metro Phoenix area has led to a lethargic (read: S…L…O…W) sales market….
Non- Buyers Rolling the Dice Or; The Potential Cost of Non-Home Ownership Let’s be honest, many potential and qualified homebuyers are not presently shopping for a single family home. They seem to be content with non-home ownership. Renting, as some of them…
GOOD SIGNS POINTING TO HELP IN THE HOUSING SECTOR, BUT STUDENT LOANS ARE A DRAG Demand for homes continues to stall according to the most recent report on mortgage applications from the Mortgage Bankers Association (MBA). Equity researcher Stephen Kim has released…
Ask Broker Mike… Is There a Best Time to Sell a Home in Phoenix? One of the most asked questions I get in the Phoenix/Scottsdale area is, “When’s the best time to sell my home? In general, if it’s a Seller’s market…