Will Amazon Ever Dominate the Food Business? Six years ago, Amazon shook the retail world with its audacious $13.7 billion acquisition of Whole Foods Market. It was a move that promised to revolutionize the way we think about grocery shopping, merging Amazon’s technological prowess with Whole Foods’ brick-and-mortar presence. At the time, there was widespread […]
Did You Know The Same Real Estate Agent Can Represent Both Parties in a Transaction? In Arizona, it’s legal for a real estate broker/agent to act as a dual agent, which means they will represent both the seller and the buyer in the same home transaction. Here’s how a dual agency deal works: both the seller […]
Scottsdale Arts, in collaboration with the City of Scottsdale, is set to mark a significant milestone – the 50th anniversary of the city’s esteemed Permanent Art Collection. This momentous occasion will be celebrated at a special event scheduled for Thursday, October 26th, from 4 to 6 p.m., held at the recently renovated Scottsdale Civic Center. […]
There’s good news in the Scottsdale housing market: the Average Sales Price has risen by 1% to a comfortable $1,362,950, equating to a $451 Average Price Per Square Foot. Additionally, inventory has decreased to 3.83 months’ worth of properties for sale, signaling a move toward a balanced market. While mortgage rates have hovered above 7%, […]
The Metro Phoenix market saw a 3% drop in the Average Sales Price, now at $965,455, leading to a $357 Average Price Per Square Foot. Inventory increased slightly to 3.47 month’s worth of properties for sale. When the 30-year fixed mortgage rate stays above 7%, demand for resale homes is so weak that more is […]
Selling a home is a large financial transaction that involves a written contract with legal obligations that must be fulfilled. As a result of this, the terms of a property contract are very black and white and there is rarely room for negotiation. Sellers are subject to penalties under contract law, so make sure you […]
What Are Fiduciary Responsibilities and How Do They Relate to The Home Buying Process? We can explain! When purchasing a new home, it’s typical to hire a real estate agent who can provide representation and counsel with fiduciary responsibility to you throughout the home buying process. Fiduciary responsibility means that your agent acts as a […]