Luxury Beyond The Price Tag: Elevating Timeless Features
In Arizona, the luxury real estate market is quite competitive, due in part to available inventory lagging behind the current demand. Luxury, however, is a subjective descriptor for properties. While it generally refers to the home’s list price, checking in among the top 5-10% of values across any given market, a buyer is the one […]
Preparing To List Your Luxury Home
When you ask a seasoned real estate professional if selling a “luxury” home is different from selling a non-luxury home, a lot of them will tell you that “luxury” means just another zero (or two) to the price tag. The truth is, the luxury home market is very different from the non-luxury market and the […]
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 […]
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 […]
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, […]
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 […]
Shifting Seller Strategy In An Increasing Inventory Environment
The softening of record-high home prices and inflation at its highest level in 40 years have dominated the summer housing market. Homes that were becoming increasingly out of reach just a few months ago are becoming more attainable as the housing market goes through a dramatic rebalancing. In some dynamic markets like Phoenix, home prices […]
What Do I Need To Know About Higher Interest Rates As A Buyer?
Mortgage interest rates have risen dramatically over the last several months. If you’re like many buyers who have hit the pause button waiting for rates to go back down, you may do yourself a disservice as the influx of newly available homes is providing buyers with many more homes from which to choose as well […]
Weathering a Recession with Smart Real Estate Investments
With inflation at a 40-year high, interest rates on the rise, and continued supply chain issues, the economy is struggling to gain resiliency in a post-pandemic world. With all of this pressure on the economy, fears that a recession is impending are becoming the talk of economists, talking heads, and around the water cooler. Here […]
Investing in Real Estate is one of the Best Hedges Against Inflation
As a result of inflation’s persistence in the economy, the sticker shock for most essential resources we depend on such as electricity, food, and gas make it more difficult for families across the country to afford, well, life. The annual inflation rate accelerated to 8.54% this month, the highest since 1982. Inflation isn’t anything new […]
What Rising Mortgage Rates Mean for Phoenix Home Buyers
The rock bottom interest rates that were a welcome reality over the last few years are now gone. As a result of inflation, everything costs more these days, including mortgage loans, which have risen dramatically. For the first time since the financial crisis in 2008, average mortgage rates are higher than 5%. The Fed is […]
Best Places to Find Affordable Homes in Phoenix
Phoenix has long been recognized as the place to go if you want to buy a house at a reasonable price. With year-round sunshine, stunning desert landscapes, vibrant southwestern culture, and cuisine, the Phoenix metroplex is one of the most sought-after cities in America for relocation. Many Phoenix neighborhoods offer inexpensive housing and strong employment […]