Large institutional investors in the single-family housing market have come under increasing scrutiny. During Donald Trump’s presidency, the administration examined whether these firms were gaining too much influence by purchasing homes at scale and potentially making it harder for everyday and first-time homeowners to buy. Why the Issue Surfaced After the 2008 housing crash, private […]
In the coming months, it’s important to watch whether buyer demand continues to hold now that prices remain elevated but mortgage rates have eased, as Scottsdale’s 7% increase in sales suggests buyers are still willing to act when value aligns with pricing. Inventory levels will be critical, as months of supply near 1.8 continue to […]
In the coming months, it’s important to watch whether buyer demand remains steady as mortgage rates hover near the mid-6% range, since even small rate changes can quickly impact affordability and activity across Metro Phoenix. It will also be critical to monitor pricing discipline, as homes that align with market reality are selling while overpriced […]
It’s critical to think about the lifestyle you want to have with your new home, and to evaluate what neighborhoods in your area are most conducive to that lifestyle. In order to get the feel of a neighborhood, you will want to spend time exploring the areas where you could see yourself living. Some great […]
It’s a natural instinct to rush to defend your home when you hear constructive criticism about it, but fight this urge! If you are too quick to defend your home and shut down those conversations, you are missing out on learning valuable knowledge about your property. Ultimately someone is just sharing their opinion with you, […]
We’ve all experienced it before when something looked amazing online and didn’t quite live up to it’s photos in real life. Over the last twenty years, we’ve all come to learn that you can’t believe everything you see on the internet, especially when it comes to the world of real estate. While some photos might […]
To fast track the timeline of selling your home, listen to the feedback you receive from prospective buyers and their agents. This information will be extremely valuable for you as you learn the strengths and weaknesses of your listing. Remember not to take the feedback you hear personally, because even the most stunning homes are […]
After listening to Fed Chair Jerome Powell’s press conference, the explanation became clear: The Fed may be easing, but it remains cautious. Powell acknowledged cooling inflation and a moderating economy, but he repeatedly stressed that progress isn’t yet “secure.” That caution is exactly what keeps long-term borrowing costs, including mortgage rates, from making any meaningful […]
Step one is accepting the universal truth that the perfect property doesn’t exist. That shouldn’t discourage anyone in the home buying process, because you can still find the perfect home for your needs! It’s just highly unlikely that one house will check off everything on your wishlist, which is why we encourage prospective buyers to […]
In the coming months, home sellers should be ready for a market where pricing it right is critical, as rising inventory gives buyers more choices and chips away at a once-strong seller’s advantage. With sales activity slowing sharply, homes that come to market even slightly overpriced are far more likely to sit and require reductions […]
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