I want to talk about something I have been watching for several months something that is showing up in my conversations with buyers, in sellers’ behavior, and in the competitive intelligence I get from firms across the Valley. The data is just now confirming what experienced agents have been feeling since early spring. The housing […]
In the coming months, it’s important to watch whether financing conditions improve enough to bring more buyers into the market. Until sales activity strengthens meaningfully, home prices are likely to remain under pressure, with sellers facing increased competition for a limited pool of qualified buyers. The direction of mortgage rates and buyer demand will ultimately […]
The biggest trend to watch is whether inventory remains tight enough to continue supporting home prices as buyer activity remains subdued. Although mortgage rates have eased slightly, financing costs remain high enough to limit affordability and are not yet generating a meaningful increase in sales. If transaction volume continues to lag, sellers may need to […]
When your home is for sale, you want your property to shine both inside and outside. Before you sell your home, you will want to have a landscaper come by to spruce up the outside to make sure that your yard looks tidy, as this will maximize your home’s curb appeal. On the inside, you […]
For 35 years, the Arizona Cardinals called Tempe home. That changed when the franchise broke ground on a $200 million, 217-acre performance center and headquarters at Paradise Ridge, sitting west of Scottsdale Road and just north of the Loop 101, on the doorstep of North Scottsdale’s most prestigious neighborhoods. Owner Michael Bidwill purchased the land […]
The answer is simple: have your finances in order! In a hot real estate market, you have to bring a strong offer to the table when you are ready to buy. When a seller accepts an offer, they are trusting you in good faith that you have the means to complete the sale, and having […]
Kevin Warsh held his first press conference as Federal Reserve Chair this afternoon. Markets did not like what they heard. The Dow dropped over 500 points. The S&P fell more than 1%. Two-year Treasury yields jumped 16 basis points to the highest level in over a year. The dollar surged. Gold cratered. And if you […]
If you’re buying or selling a luxury property in Scottsdale, the most consequential decision you’ll make has little to do with the home itself. It’s the decision about who you trust to represent you through the process. That’s an easy thing for any brokerage to say. Here’s the harder truth: in a market where the […]
Getting the cost of major upgrades at your place is a great starting point when you are looking to sell your home. When you decide to put your home on the market, one of the big decisions you have to make is whether you should complete those major renovation projects you have put off. If […]
Pre-qualification is one step you can take to make your home buying process go a little bit smoother. That is why one of the first items of business to get squared away when you are in the home buying process is: financial pre-qualification. Some people might think this is only relevant if you are planning […]
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