Real Estate Done Right
Median Sales Price up 5.9% to $270,000 in Greater Phoenix Sales Rebound, Up 3.7% Over Last Year For Buyers:The median rent paid on single family rentals through the Arizona Regional MLS is currently $1,625 per month, which is comparable to what the mortgage payment would[…]
Read more
The percentage of home price appreciation on a year-over-year basis has decreased each month for over a year. The question was how far annual appreciation would fall. It seems we may now have the answer. In a recent post on the National Association of Realtors’ Economists’ Outlook[…]
Read more
Interest rates for a 30-year fixed rate mortgage have been on the decline since November, now reaching lows last seen in January 2018. According to Freddie Mac’s latest Primary Mortgage Market Survey, rates came in at 4.12% last week! This is great news for anyone who is planning on[…]
Read more
Roars & Pours May 2, 2019 Swing by for a happy hour with a wild side. Roars & Pours at the Phoenix Zoo! Guests 21 and older can sip and stroll select Zoo trails while enjoying craft brews, wine and food. Plus, animal encounters, yard[…]
Read more
In a strong seller’s market, like the one we have experienced over the past few years, bidding wars are common and expected. This makes sense! A seller’s market is defined as a market in which the inventory of homes for sale cannot satisfy the number of buyers[…]
Read more
Last week, the National Association for Business Economics released their February 2019 Economic Policy Survey. The survey revealed that a majority of the panel believe an economic slowdown is in the near future: “While only 10% of panelists expect a recession in 2019, 42% say a recession will[…]
Read more
Mortgage Payments Drop $50 per Month on a Median Priced HomeListings Under Contract Up 19% in 5 Weeks! For Buyers: Buyers got a break last month as 30-year mortgage rates dropped significantly from an average of 4.41% to 4.08%, which is the lowest they have[…]
Read more
Congratulations! You’ve found a home to buy and have applied for a mortgage! You are undoubtedly excited about the opportunity to decorate your new home! But before you make any big purchases, move any money around, or make any big-time life changes, consult your loan[…]
Read more
There are many misconceptions about the credit score needed to buy a house. Recently, it was reported that 24% of renters believe they need a 780-800 credit score to be considered for a mortgage. The reality is they are misinformed! Only 25% of the Americans have a[…]
Read more
Some Highlights: In the majority of the country, this weekend marks the start of Daylight Savings Time as we set our clocks forward an hour on Sunday at 2:00 AM EST. Whether you plan on buying or selling this spring, these tips could help you[…]
Read more