Buying New Homes vs Used?
In the past, Clients/friends of ours had made it a habit to buy a new home about every 5 years, about the same amount of time many folks would buy a new car. They seemed to always be on the lookout for…
Buying
Listings Fall Off the Table
SHOULD PROSPECTIVE SELLERS LIST NOW OR WAIT? I don’t consider myself an alarmist. But on the other hand, our most recent numbers suggest I should be alarmed. Take a look: Well Mike, this seems pretty good to me. If I’m a seller…
Great Numbers Alarm!
If you’re a part of the Greater Phoenix Metro Chamber of Commerce, a California firm looking to relocate to a business friendly climate, or a local business-person wanting to be a part of a vibrant growing business culture, look no further than…
The Due Diligence Period: Critical Buyer Advice
Last week we began to look at the Due Diligence (Inspection period) section of the Arizona Purchase Contract. We did this from the buyer’s perspective. This week, we’ll look more in depth at strategies a buyer can employ to negotiate required repairs…
The Due Diligence Period: Buyer Strategies
Last week we looked at seller strategies for navigating Arizona’s Due Diligence period to help sellers avoid a transaction falling through. The best advice in this matter is no different than healthy advice for any topic; be prepared. Know the condition of…
The Due Diligence Period: How to Prevent a Deal from Going South!
There are myriad ways that a residential real estate deal can fall through. Some ways are preventable, others, not so much. The main reason why a home deal falls through is not because of a buyer not qualifying for a loan but…
The May Boom – Phoenix Metro Area Real Estate Highs
May 2019 was huge. All-time records were set for sales units and dollar volumes through the Arizona Association of Realtors MLS (ARMLS) and surpassed not only 2018 but the bubble year of 2005! A calendar month record of 10,466 home sales was…
The May Boom!
May 2019 was huge. All-time records were set for sales units and dollar volumes through the Arizona Association of Realtors MLS (ARMLS) and surpassed not only 2018 but the bubble year of 2005! Here are the sales numbers for June 1, 2019…
Residential Lease Rate Hits New High of $1.00 Per Square Foot!
To the surprise of no one in the know, especially those in the current hunt for a home to rent, a new lease high occurred this month of May. The Phoenix Metro communities, for the first time, hit $1.00 per square foot…
Arizona Business Climate Will Spur More Residential Growth
Arizona’s successful business climate continues to demonstrate that whatever the state is doing to achieve more jobs, it’s clearly working, according to a survey published in the Phoenix Business Journal. Latest accolades worth noting is Arizona’s reputation as one of the best…