Preliminary Maricopa County closing numbers for February are in and they’re looking pretty good. Total sales are up 12% over February 2016 (similar to the gain in ARMLS sales). However new build closings are up 26% year on year, whereas re-sales are…
But are they the Best for Your Negotiations? I wrote a contract this weekend for clients who will be putting their home on the market shortly. They, like most of us, don’t want to have to move twice, so they elected to…
CHANGE IS IN THE WIND 2017 looms ahead like a huge question mark for many people. Now we’ve never claimed to have a crystal ball, but I’ll fill you in on a few things here that we are actually feeling quite confident…
November Sales Report Market Still Looking Good! We trust your Thanksgiving holidays were rich in family, friends, fun, food, and football, – in that order. Ours was, with Cardinal football being the only exception. There’s no real surprise in November’s sales numbers….
Buyers and Sellers Markets These days, the best buys are as much priced based as geographically based. If we divide the single family luxury home market into 3 price ranges, we can get a good picture of buyers and sellers markets: $500,000…
REALTORS AMASS IN NUMBER AND DECREASE IN AGE IS THIS GOOD OR BAD FOR YOU THE CONSUMER? When I arrived on the real estate scene in 1976 in Truckee, California, I was a mere 22 years old. I knew nothing about real…
Yet There’s Hope! A thought provoking article (at least to me) showed up in the Wall Street Journal today; “Homeownership Elusive for Adults Without Degrees.” Research that was recently released from “Apartment List,” a rental listing website indicated that home ownership rates…
PHOENIX METRO RESIDENTIAL REAL ESTATE CHECKUP Getting Healthier The health of a residential real estate market can be written about in many ways, often to depict (spin) the author’s desire to get their viewpoint across. Certainly as Realtor professionals we’re prone to…
The Complete List: Affordability reigns when it comes to Valley appreciation rates. Mega-appreciation is taking place in Tonopah (Where?), Wittman, and Youngtown, while the luxury end in the Northeast Valley (Above $500,000) of the market grabs 6 out of 7 of the…
Reverse Mortgages. A Risk? A Strategy? Or a Risky Strategy? Well, now that I’ve turned 62, more senior financial options are presenting themselves to me even besides being able to take Social Security payments, though I won’t just presently. Since this is…