The Average Agents Chances of Success.
Many assume that real estate is an easy gig which pays big bucks. It can pay big bucks, if you work very hard for a long time and have a good business model, but the reality is for most agents it ends…
Reading the Market
Prices Up – Inventory Down!
July 2017 Market Report Migration Trend is Interesting Supply, and its continued reduction, remains the notable story amidst the Valley’s real estate market. The supply of homes for sale remains significantly lower than last year, and the gap widened slightly compared with…
Who Determines a Home’s Value?
(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…
The Unusually Hot Market Slow-Down
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…
The Great Climb Back from the Great Recession
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…
What does Starbucks, Trader Joes, and Whole Foods Have in Common?
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,…
May Sales Continue Market Strength
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…
A Real Estate Bust – Not if, But When and Where
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…
Millennials Continue Making the Move
Phoenix Matches Nation’s Growth We knew what would happen when “it” happened, and now “it” is happening. And just what is the “it?” “It” is the millennial generation entering into the national (and local) real estate market in big numbers. And “it”…
So Mike, What Got You Into Real Estate?
I never gave it even one thought that my son Jonathan would follow me into the real estate business. Furthermore, truth be told, I never encouraged him to do so either. He slipped through the back door about 8 years ago, just…