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’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…
Many folks, even other agents, don’t understand the importance of staging, or why it matters. Now it’s important to clarify that when I say staging, I don’t necessarily mean bringing in furniture from an outside source. It can also mean using what…
PHASE ONE! Most folks think of real estate negotiation as a one-time event that occurs when a buyer first makes an offer on a home. Actually, there are several points of negotiation that take place throughout a typical residential transaction. The first…
YES, DEPENDING ON… The conventional wisdom of when it’s the best time to sell a home is in the spring. Local Phoenix Metro statistics show that the most sales, as in closed escrows, occur in the Spring of the year, mainly the…
This information is not the sort of news renters like to hear, but it continues to be our current reality. Rental prices on a per square foot basis have increased 43% since February of 2014. That’s an average of 8.6% per year!…
Days like this past Saturday remind me how much I love my career! Saturday however, did not start out to be very promising. Due to the amount of snow in North Scottsdale’s premier Desert Mountain golf community, one of the key homes…
Usually, sales numbers tend to help homeowners and hurt buyers or vice-versa. January’s sales numbers are in from the ARMLS (Arizona Regional Multiple Listing Service) and they report that if you’re a buyer it’s good news. But also, if you’re a homeowner,…
No. At least not from what we can see at the moment. It’s true last year was slower than some, and it’s also true that so far 2019 has so far gotten off to a slow start. But a slow or stagnant…
Last week we started to look at real estate projections for the Valley (Phoenix Metro) for 2019. We began with sales and home prices, which are re-printed below. Following this we will look at mortgage rates, rentals and new home construction. Mike’s…