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 […]
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 […]
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. […]
2023 Phoenix Real Estate Predictions from North&Co’s #1 Independent Agent
2022 was still a wild ride when it comes to Phoenix real estate. Coming off of a pandemic-fueled housing market presented its challenges for buyers and sellers alike. Demand was high and interest rates were low, sparking bidding wars between prospective buyers that progressively drove up property prices. But things are drastically different as we […]
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 […]
The Best Neighborhoods in Phoenix for Housing Investments
Author: Trevor H. Halpern, J.D. is the No. 1 independent agent at Phoenix-based North&Co. and the CEO of Halpern Residential. As a Phoenix native, Halpern’s deep knowledge of both people and property has allowed him to create client success in all areas of town. A graduate of ASU’s College of Law, Halpern prides himself on […]
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 […]
Top 3 Things You Should Know About A Shifting Real Estate Market
Timing is everything! If you’re a buyer looking for a home or an investment property in the Phoenix metro, the pendulum is finally starting to swing in your direction. Over the last few years, the Valley of the Sun has been at the center of one of the hottest housing markets in the country, but […]