It isn’t unusual that we get a call that goes something like “We just spent a lot of money getting our house ready for the market, when can you list it?” Believe it or not, this phone call scares me to death!…
NO MORTGAGE PAYMENT WITH 50% DOWN? If you are 62 or Older, or know someone who is, you need to read this! Are you saying if I’m 62 or over, I can buy a $500,000 home (or more) with a 40% to…
Phoenix is rising, but it’s effect is a mixed bag. Temperatures have hit the high 90’s recently and we’ve seen gas prices leap high just in the past month. Mortgage rates have risen as well, though thankfully they’re still in the mid…
I’m currently in the midst of negotiating a property sale for a buyer client in the Southeast Valley. It’s hit a VERY delicate point in the negotiations. At the time of this writing (Monday am) the outcome remains in doubt. These human…
Pun Intended. When it comes to Real Estate, my dad (the illustrious Mike Bodeen) and I don’t always agree on everything. Unfortunately for me, this last week, on two separate occasions, I was forced to realize that my dad, as he too…
I recently met seller Lon at his home in McCormick Ranch. He was referred to me by a former client. Jonathan and I really appreciate the referrals from friends and clients. Referrals and repeat client business has been the foundation of my…
Is Phoenix entering a rent crisis period? This is an important question which needs to be understood. A recent article in the Arizona Republic indicated that Phoenix is the 9th least affordable city for renters in the country. This was quoting a…
26% $/SF Rental Rate Increase in Less Than 4 Years! We spent some time in recent issues looking at the residential real estate sales market prognosis for 2018 and now it’s time to focus on the very important rental market. Most of…
We’re winding down the 2017 Phoenix Metro residential real estate market, which should go down as the 6th consecutive year of a stellar and balanced market, not seen — ever! Well, ‘ever’ is a long time, but not since 1994 when I…
Two months ago, we listed a home in North Scottsdale. A beautiful home. Though it was ten years old, it had been impeccably cared for. The comparable sales in the neighborhood showed the value to be in the $625,000.00 range. We listed…