The Average U.S Homeowner Gained $56,700 In Equity Growth Over The Past Year (Statistics through 3rd Quarter of 2021 Arizona Home Owners Gained Even More Equity Growth Of $92,000. Only California, Washington, and Hawaii had larger gains. Home Equity Is The Difference Between The Current Value Your Home Minus Your Mortgage(s) Debt. For Example, Your Mortgage Debt is $300,000 and The Home Is … [Read more...]
The New Normal: A Strong Housing Market Expected to Continue into 2021
“2020 will be known for a lot of things, and a record-breaking year for real estate will certainly be one of its more unexpected legacies,” prominent economist Daryl Fairweather said.1 And he’s right: most of us would have expected the housing market to suffer from circumstances like a once-in-a-hundred-years pandemic and historic inventory shortages. But, rather than a slowdown, we are … [Read more...]
5 Steps to Finding Your Next Home
5 Steps to Finding Your Next Home. Whether you’re a first-time buyer or a seasoned homeowner, shopping for a new home can feel daunting. In fact, 56% of buyers said that “finding the right property” was the most difficult step in the home buying process.1 Buying a home is a significant commitment of both time and money. And a home purchase has the power to improve both your current quality of … [Read more...]
The Home Buyer’s Guide to Getting Mortgage Ready
Don’t wait until you’re ready to move to start preparing financially to buy a home. The Home Buyer's Guide to Getting Mortgage Ready gives a starting point for your home buying journey. If you’re like the vast majority of home buyers, you will choose to finance your purchase with a mortgage loan. By preparing in advance, you can avoid the common delays and roadblocks many buyers face when … [Read more...]
Real Estate 2018: What to Expect
Real Estate 2018: What to Expect As we head into a new year, the most common question we receive is, “What’s the outlook for real estate in 2018?” It’s not just potential buyers and sellers who are curious; homeowners also want reassurance their home’s value is going up. The good news is that a strong U.S. economy, coupled with low unemployment rates, is expected to drive continued real estate … [Read more...]
20 Home Gadget Gift Ideas to Fit Any Budget
20 Home Gadget Gift Ideas to Fit Any Budget Looking for the perfect present for a loved one this holiday season? We’ve rounded up 20 of our favorite gift ideas. And since we work in real estate, we focused on items that add enjoyment, comfort and, in some cases, major value to your home. From music lovers to home chefs, we’ve got something for everyone. And we’ve included a range of price … [Read more...]
Real Estate Market Phoenix AZ
The Real Estate Market Phoenix AZ Is good for sellers with low supply of homes for sale and low interest rates. It continues to be more expensive to rent than own a home. This situation is good for homeowners as they see their home values rise and investors who see both their equity and rental income increase. Average Sales Price up 4.3% to $295,800 and Median Prices up 6.6% to $245,000 year … [Read more...]
Real Estate Market Snapshot Greater Phoenix Market Area October 2017
We continue to see a strong seller's market with low supply and low interest rates. Rents continue to increase throughout the valley. It is more expensive to rent than own a home. This situation is good for homeowners as they see their home values rise and investors who see both their equity and rental income increase. Average Sales Price up 4.1% to $291,800 and Median Prices up 5.1% to … [Read more...]
Why Real Estate Investing Makes (Dollars and) Sense
Why Real Estate Investing Makes (Dollars and) Sense INTRODUCTION Turn on the television or scroll through Facebook, and chances are you’ll see at least one advertisement for a group or “guru” who promises to teach you how to “get rich quick” through real estate investing. The truth is, much of what they’re selling are high-risk tactics that aren’t a good fit for the average investor. … [Read more...]
We are in a SELLER’S MARKET! This is a really BIG DEAL!
We are in a SELLER’S MARKET! This is a really BIG DEAL! This means the time it takes to sell a house is shorter and the ability to get top market price is higher. The average market time is less than 68 days from list to close. This is very fast. If you have never sold a house before or it has been quite some time you may not know or remember the discomfort on always having to be ready for … [Read more...]
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