Fears of "higher for longer" interest rates helped send average 30-yr mortgage rates to a new, two-decade high of 7.49%. New home sales are holding up, but existing home sales have been fading on both affordability and availability issues. The Phoenix Market We've observed a decrease in the number of cities favoring sellers, with only 2 cities displaying such a trend now, as opposed to 3 last week....
Ah, the thrill of house hunting in Phoenix, Arizona! Picture yourself strolling through the neighborhoods, envisioning a life in each charming abode. As you do, you're probably on the lookout for those glaring red flags – the kind that give you pause and make you question if that dreamy house is really "the one." But wait, there's another class of signals to consider: the elusive "beige flags." These are...
Hey there, future Phoenix-area (Valley of the Sun) house hunters (or potential house hunters)! If you're embarking or have embarked on the exciting yet sometimes daunting journey of house hunting to buy a home in the Valley of the Sun, you're in for a ride full of ups and downs. But remember, the road to finding your dream home is paved with patience, persistence, and the right agent by your side. So, grab...
In today's ever-changing housing landscape, affordability has become a crucial concern for potential homebuyers in Phoenix, Arizona's Valley of the Sun. The combination of higher mortgage rates and escalating home prices due to limited inventory has presented challenges for many seeking their dream homes. However, the local real estate scene is witnessing an interesting shift as both buyers and builders...
The journey to homeownership is an exciting one, brimming with possibilities and the promise of a place to call your own. Yet, the road to securing your dream home is often paved with doubt, fueled by the ever-persistent "what ifs" that can grip even the most determined of buyers. In this blog post, we'll unravel some of the most common concerns that keep prospective buyers awake at night and shed light on...
Planning a summer move? ☀️📦 Well here in the Valley of the SUN, it's sometimes over 100 degrees from May through September! I've done an August move 4x and want to help! Let's make it a breeze by keeping safety first! Stay hydrated, protect your skin, and schedule moving activities during cooler hours. Your dream home journey should be as sunny as possible – let's keep it cool...
https://www.youtube.com/shorts/_Zv22BUoDrs Ugh, your landlord just raised the rent hundreds of dollars at lease renewal time. You may be asking yourself "maybe I should look into buying". Here's a list of some benefits home ownership offers compared to continuing to rent. Here's some benefits of buying a home instead of continuing to rent: Tax Breaks! You might get to itemize deductions,...
Manufactured and Modular homes are popular here in the Valley of the Sun and can make a wonderful and affordable living situation here, especially if you're 55+! So how can you tell if an Arizona home is manufactured? Ask your REALTOR (raises hand). I'm here to tell you!
When it comes to buying a home, there are a variety of properties you could purchase. And that includes condominiums—more commonly known as condos. Townhomes too. In the right situation, a condo makes a great investment and a great place to call home. But before you purchase an Arizona condo or townhome, there are some things you’ll want to consider to determine if it’s the right purchase for...
When you’re looking at houses it’s important to take a really good look at every inch of the house you’re going to buy. But there are some things you have no business looking at when you’re looking around a seller’s home. You could probably use common sense to figure out what you shouldn’t be snooping around in by thinking about whether you’d be embarrassed if the owner caught you...