How Photo Quality Can Make or Break a Phoenix Real Estate Deal
It should come as no surprise that photos are essential when listing a home. But how critical are they? Statistics released by the National Association of Realtors indicate that potential buyers spend 60% of their time reviewing images of a listing and just 20% reviewing a listing’s property description. An overwhelming majority of potential buyers […]
Purchasing A Luxury Home With Cash Has Its Pros And Cons
Just how common is it to purchase a home with cash? It happens about a third of the time, according to industry statistics released late last year. And those stats indicate that cash purchases are on the rise, reaching their highest level in nearly a decade. As these types of purchases trend, it certainly begs […]
Short-term rental shift could be on the horizon in Phoenix
As the dust settles from a traditionally busy spring in the Phoenix area, made busier by Super Bowl LVII, the beginning of what could be a buzz-worthy shift in the local market is starting to emerge. The short-term rental market is primed for a significant shift as investors who banked on a big payout, thanks […]
Looking for Luxury: Discover These Six Phoenix Areas
The Phoenix area is vast. It’s home to millions of people, a number of suburbs, and countless individual neighborhoods. As one of the biggest metro areas in the country (both geographically and population-wise), Phoenix has carved out unique luxury real estate enclaves that offer a distinct character for homebuyers in search of a specific look, […]
Arizona’s Luxury Home Market Is Heating Up
Arizona has long been a refuge, attracting people from other parts of the country for a variety of reasons. From agreeable weather to tolerable taxes to a lower overall cost of living, the desert is enticing for homebuyers across all income brackets — and lately — more so for some of the country’s highest earners. That […]
Sizing Up ARMs: The Pro’s and Con’s to Adjustable Rate Mortgages
Adjustable-rate mortgages, also known as ARMs, come with pros and cons — like most major decisions in life. While the rate on the loan adjusts with market conditions, meaning it could fluctuate over time, ARMs are a lending option that could offer opportunity for the right buyer at the right time. It’s important to understand […]
Here’s Why Mortgage Rates Increased Recently
Mortgage rates are sensitive to many market forces. And their fluctuations in recent weeks, creeping closer to the 7% mark than the 6% mark, has potential homebuyers wondering why mortgage rates have been increasing lately. There are a number of factors that influence mortgage rates and most, if not all of them, stem from the […]
5 Reasons Why Homeownership Is A Good Investment
Homeownership has always been considered a piece of the American dream. And there are a number of reasons why, beyond the picture-perfect vision of a yard with kids playing and a dog on the front stoop. Homeownership is part of the American dream because the other part of that dream is the idea of success. […]
Reality Check: The Real State of Arizona’s Real Estate Market
When it comes to real estate market conditions, it’s important to remember a few truths: Everything, from demand, to interest rates, to supply, has its own season. Arizona is its own unique market. And, forecasts for Phoenix real estate done by anyone outside of the market should be labeled more as conjecture rather than fact. […]
5 Real Estate Tips Buyers Need To Know
Real estate, like many industries, goes through cycles. As a lengthy seller’s market has shifted to more of a buyer’s market, new tools are available for those looking to purchase. It’s a refreshing change for buyers who had to endure the headache and heartbreak of being outbid on a home — or never even seeing […]
7 Best Affordable Areas to Live in Phoenix
One of the hardest things to know when you’re moving to a new city is finding out which neighborhoods are the most affordable. Whether you live in the area or are new to Phoenix, we make it easy for you to get a sense of some of the best neighborhoods that are growing in demand […]
Understanding Home Price Trends in Phoenix
Numbers, as they usually do, are telling the story of the Phoenix housing market. A booming metropolitan area that has long grabbed housing market headlines for its white-hot activity and growth, Phoenix is apparently cooling. A little. Maybe. Or is it? Buyers and owners wondering if home prices are dropping in Phoenix are coming across […]