2014 was one of the most balanced years in the Phoenix Metro residential real estate market according to Michael Orr’s (ASU) Cromford Index. One year ago the Cromford Index was just above “100” which Mr. Orr has determined to be a “balanced…
The Contingency Sale – Consider But Verify Part One For those who follow our weekly blog, you’re well educated that our Phoenix/Scottsdale residential real estate market has been and is still sustaining a healthy balance. For example, the most recent S&P Case…
Well, we had wonderful news last week regarding Barb’s young clients negotiating and getting the home of their dreams. We also had their Dream Home inspection a few days ago. Wish we could say the results were also a dream. Out of…
Barb (one of my team members) called me yesterday as she was going to write an offer for some young clients who found that proverbial “perfect home.” Our football Cardinals had already demolished Detroit earlier in the day, so I was good…
The Small and Large Things Matter Barb (one of my team members) called me yesterday as she was going to write an offer for some young clients who found that proverbial “perfect home.” Our football Cardinals had already demolished Detroit earlier in…
The recent 3rd Quarter downward trajectory of the stock market has been taking a large portion of our nation’s business news lately. After all many homeowners are invested in stocks, bonds, etc. This makes for the always interesting question: Do you see…
Not What You’d Expect I’ve had an upsurge of millennial clients in the last few months. My dad (The famed Mike Bodeen) asked me the other day, “So what’s your generation looking for in a house?” Most of us have watched the…
Price range is important when determining values and trends. If I were to tell you that the Northeast Valley (NE Valley) showed a drop of 6% in listing inventory compared with one year ago, you might say, “Oh, sure, whatever.” Or, I…
STOCKS VERSUS REAL ESTATE? At last glance this Monday morning, the stock market’s DJIA was off 200 points. That’s really good news considering it started the day being negative by 1000 points — something about China’s slowing economy affecting our market. Hmm….
If you recently obtained a new mortgage or refinanced your existing one, there’s a pretty good chance that you got a terrific interest rate but were less than thrilled with the paperwork experience. This would be especially true if you were a…