Scottsdale’s real estate market in 2024 offers strong investment potential, with a 12% increase in average sales prices and rising property values, making it a prime opportunity for buyers and investors. While mortgage rates have climbed to 7.04%, creative financing strategies can help buyers navigate affordability challenges. Additionally, a slight increase in inventory provides more […]
The Metro Phoenix real estate market in 2024 demonstrated steady growth, with a 5% increase in average sales prices and higher price per square foot, highlighting the area’s long-term investment potential. A 9% rise in inventory levels offers buyers more options, creating opportunities to find the right home in a less competitive environment. Additionally, the […]
While the closing process of a real estate transaction is not the most glamorous part of the process, it’s imperative that you know the role you need to play in the process in order for the deal to go through. Do not rely on your real estate agent or the team of closing professionals to […]
If a buyer has the financial liquidity, they may choose to pay for a home in cash and forgo mortgaging the home. The process for paying for a home in cash works a little bit differently. The main thing to note is that: Instead, you can request a letter from your financial institution that states […]
As 2024 winds down, the U.S. housing market is still grappling with two major obstacles: persistently low inventory and high mortgage rates. Real estate experts across the country are bracing for another year of tight conditions, with no immediate relief in sight as 2025 approaches. With more questions than answers, both buyers and sellers face […]
Scottsdale, Arizona, continues to attract attention for its thriving real estate market, particularly in the luxury segment. Known for its picturesque desert landscapes and high quality of life, Scottsdale offers buyers and homeowners comfort, design innovation, and wise investments. While luxury remains a key theme, the market trends emphasize functionality, sustainability, and lifestyle. Here’s a […]
In the coming months, it’s important to watch for Scottsdale’s single-family housing market to cool slightly, influenced by the holiday season, fluctuating interest rates, and a tightening inventory of homes. For buyers waiting on the sidelines, December is an opportune time to negotiate price and terms. By January, inventory is expected to rise, ushering in […]
In the coming months, it’s important to watch for the Metro-Phoenix single-family housing market to cool slightly, influenced by the holiday season, fluctuating interest rates, and a tightening inventory of homes. For buyers waiting on the sidelines, December is an opportune time to negotiate price and terms. By January, inventory is expected to rise, ushering […]
In a typical home buying transaction, you will go through both the pre-qualification and underwriting process. The pre-qualification process always precedes the full underwriting. When you are applying for a mortgage to buy a home, start by talking to your lender and have them outline all the steps you must take in order to complete […]
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, […]
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