Navigate The Luxury Real Estate Market in Phoenix With Expert Guidance
The luxury real estate market requires its own level of expertise for a variety of reasons. From lending to marketing to networking and beyond, the luxury real estate market is its own unique ecosystem when compared to more moderately priced homes. It goes without saying that the first — and likely one of the most […]
A Guide To Financing A Home In Phoenix
For most people, the purchase of a home will require a mortgage. In fact, a report released in 2022 by the National Association of Realtors revealed that more than three-quarters of homebuyers financed a home purchase — a ratio that is actually significantly lower than the previous year. All of that is to say, mortgages […]
Understanding Mortgage Buy-down Options
Mortgage rates rarely remain static for long. Like most things, they experience seasons and cycles that climb and plummet, keeping everyone on their toes — from buyers to sellers to realtors and mortgage professionals. Although those seasons of change may seem tumultuous for different reasons, they actually create opportunities for creativity when it comes to […]
The Value of Home Inspections
The home buying process can take time and involve quite a few steps. Finding the perfect property, from size to location to price range, is one major milestone. And once that’s done, initiating a home inspection is quite possibly the most important next step for every buyer. A home inspection, an expense of about $350 […]
The Ups and Downs of Communities With HOAs
In many communities, homes aren’t just part of a neighborhood. They’re part of a homeowner association, a body that regulates certain aspects of homeowner conduct, a home’s appearance and common areas in a neighborhood. In Arizona, more than 30% of homes are in communities that have homeowner associations, which is considerably higher than the national […]
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 […]