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 […]
How Much House Can I Afford?
Most folks don’t have the luxury of making an all-cash offer on a home, which is why a mortgage is a vital part of buying a home. Without employing vital tools and knowledge from experienced mortgage lenders,, it can be difficult to wrap your head around what you can afford. Handy tools like an online […]
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 […]