Infographic on the journey to owning a home in Arizona

 

Phoenix Real Estate Blog

 

 

Oct. 7, 2021

Good Money Problems to Have

Good Money Problems to have

Good Money Problems to Have. The financial benefits of buying an Arizona home versus renting an Arizona home are always up for debate. The main benefit that often gets left out is the ability to build wealth as a homeowner, creating various financial opportunities that might not be available in renting.

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Posted in Real Estate Blog
Oct. 6, 2021

Pain Predicted for Home Buyers

Home Buyer Prices Predictions by Real Estate Professionals

More Pain Predicted for Home Buyers Waiting for Price Drops

The current Arizona real estate market shows a well-known economic theory in action. Home prices have been increasing for a few years now. And the law of supply and demand is partly to thank for that.

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Posted in Real Estate Blog
Oct. 5, 2021

Understanding Rates

Understanding Mortgage Rates

The Main Key To Understanding Rates

Freddie Mac releases the mortgage rates every Thursday and is the most reliable source for such information. Freddie Mac provides valuable insight for anyone looking to make decisions with their mortgage.

The U.S. Treasury yield reached its highest point since early June. The rate surpassed 3% for the first time in three months. A press release accompanying the survey announced it.

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Oct. 4, 2021

Snowbirds Are Back!

Snowbirds are Back!

Snowbirds are back to Surprise in force already! We love them, they love to buy winter homes, and we know they are only here until June!

Snowbirds, also known as winter residents or vacationers, come to the Surprise, Arizona area during the coldest season for several months to stay far from the snow.

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Oct. 4, 2021

Tips To Prep for Your Home Sale This Fall

Getting Homes Ready For Sale

5 Tips To Prep for Your Home Sale This Fall

It is essential to make an excellent first impression when selling your home in today's competitive market. Homes sell quickly in these conditions, so it's crucial to set yourself apart from the competition and not let potential buyers walk away feeling disappointed.

By investing time and energy upfront, you're able to see results over the long term. An excellent example of this is preparing your house for sale. Putting in minimal effort can result in a great return on investment.

Whether you're a professional realtor or you're just trying to sell your home, these tips will help ensure you can get the most out of your house sale this fall.

Price It competitively

Price your house appropriately to maximize your chances of selling it. This is one of the first things home buyers will notice when purchasing the home, so be sure to price it accordingly. The goal in pricing your house is to attract multiple competing buyers and crowd the market to push up the final real estate price. When you price your house too high, the home becomes less attractive to buyers and challenging for you to find a buyer. As a seller in this market, If you price your house too high, to begin with, you may find that buyers will decide not to make an offer.

Your trusted real estate advisor can help you find the price for your home that reflects the current home market data values. Lean on your agent to help you with this crucial first step.

Please clean it up

Cleaning your house and making it ready to sell can be one of the most important responsibilities you have as a seller. It may be hard to get it clean because you're too busy doing other important things. But keeping it clean will get the attention it deserves, and make sure that you keep living in peace.

House cleaning can be a task that consumes hours of your time and takes up significant space in your day. It's not just the time that's wasted, but also the money you spend on replacing worn area rugs, welcome mats, shower rugs, cleaning products, and shabby furniture. The good news for sellers is there are ways to make housekeeping less of a hassle.

Before each potential customer visit, you should assess your space and determine what areas need your attention.

A successful room assessment can help you identify areas that may need work before a new customer arrives. It is crucial to look at your space with fresh eyes before you have too many visitors.

It can be frustrating to deal with buyers who are distracted by clutter but taking the time to do these three easy tasks can make the difference between winning a sale and losing it.

Make It welcoming and easy to show.

Giving the potential home buyer the ability to see your house on their schedule can be a real game-changer. The convenience of having appointments lined up for key buyers from afar allows you to get more from them and find that perfect match.

As a buyer, you need to make appointments with key decision-makers. Using a scheduling tool such as showing time can help you achieve that goal since they offer advanced communication to those who might not otherwise be reachable.

Homebuyers are less likely to make an offer if it's challenging to plan a tour or they can't easily fit it into their schedule. Not only that, but buyers are more likely to walk away and make offers on other homes available to show on their schedule.

Everyone likes to find a place that they love, and when you reserve your house up until the last minute, it can be very much in demand. Having a lot of time for buyers to fall in love with your home is an opportunity for tremendous success.

Your real estate advisor feels an obligation to keep your health and safety in mind when selling or buying a home. Agents use the latest guidance to stay up to date on any protocols and sanitization recommendations.

Help Buyers Feel at Home

Make Home Buyers Feel At Home and Buyer Demand Chart

Looking for a new home will be challenging enough. Now imagine the time and energy you have to put into it and all the information and scheduling that needs to be gathered before you can even start looking. It's hard, but that's where HomeHunt comes in.

The blank canvas can be intimidating. Let's start with something simple that you can do right now, removing personal items from your space. This will help create a clean, less cluttered workspace to get started on your new project and let buyers imagine their own space.

When you're getting ready, packing up your life and moving to a new place, knowing what should go and what should stay can be challenging. Consult your trusted real estate advisor if you're unsure what should be packed away and what can wait.

5 Be mentally prepared for the no-show!

Home-showing appointments are an integral component of the real estate industry. Sellers rely on home showing appointments to gather information about their properties with feedback, build trust with potential buyers, and ultimately sell their homes. Unfortunately, many sellers struggle with buyers not showing up and not having the courtesy to cancel the appointment.

Believe me, as your listing agent. We hate this as much or more than you do! We do gather information on agents that have this rude behavior and note that when making future appointments. (also call them and let them know how unprofessional that is)

Bottom Line

To make the most of today's sellers' market, avoid the temptation to skip over essential preparation steps. Let's connect asap and discuss all the ways you can maximize your home sale

 

Why It’s Still Safe To Sell Your Home

 

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Sept. 30, 2021

What is Equity, and How Can I make it Grow?

What is Equity, chart of equity by state

Home equity is the value of the home that exceeds the amount owed on it. Homeowners with equity can use it to make a loan or invest in additional assets.

What is Home Equity, and How Can I Use it to Grow My Wealth?

Homeownership for most families is a crucial component of building wealth. When you own your own home, you can use the equity in your home to grow your wealth over time. Let's explore how we can use this equity and increase our wealth.

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Sept. 29, 2021

Why You Should Stop Leasing & Buy An Arizona Home Today!

Why You Should Stop Leasing & Buy An Arizona Home Today!

Many young people are debating whether they should renew the lease on their apartment or become a homeowner. It's a great time to do so because there is a build-up in new-home prices, and the struggle in your current location will likely be worth it in the long run.

Housing Mortgage Cost & building your Net Worth

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Sept. 24, 2021

You May Not Need 20% Down

Home Loans Don't need 20 percent down

 

A common misconception about home buying in the United States is that you need a 20% down payment to buy a home. However, this is not always true.

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Posted in Real Estate Blog
Sept. 22, 2021

How Much Down Do I Need?

How Much down do I need

 

 

With more than 6 million homes purchased in 2021, it's no surprise that many people have questions about what it takes financially to buy property in Arizona.

For most people, buying a home is one of the most significant financial transactions they'll ever make. It's also one of the most complicated. It's easy to get lost in the real estate process, especially when there are so many unknowns at each step along the way.

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Sept. 21, 2021

Good news for First Time Home Buyers!

Good news for First Time Home Buyers!

Good news for First time and entry-level home buyers! They were frustrated with the recent surge in competition for homes. A few months ago, competing against cash offers and multiple offers was over the top frustrating for the first-time and entry-level home buyers. It was forcing home buyers on the sidelines to wait and see if the market cools a bit.

A recent study from realtor.com showed that the inventory of first-time home buyer homes is up by 6.4% during September 2021. This gives you more options and a way to take advantage of record-low mortgage rates still.

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