The world of mortgage rates is a complex web of economic indicators, policy decisions, and global events. One recent event that has notably impacted mortgage rates is the Israeli-Hamas conflict. This article will explore how this conflict affects mortgage rates and why investors seek safer assets, such as mortgage-backed securities, leading to lower rates for […]
A growing number of sellers are becoming more flexible with their initial asking prices. Recent reports indicate that in September, approximately 9.2% of home listings experienced a reduction in their listed prices. This trend is increasingly creating opportunities for prospective buyers, provided they can overlook the impact of interest rates. The market boasts a higher […]
A growing number of sellers are becoming more flexible with their initial asking prices. Recent reports indicate that in September, approximately 9.2% of home listings experienced a reduction in their listed prices. This trend is increasingly creating opportunities for prospective buyers, provided they can overlook the impact of interest rates. The market boasts a higher […]
The evolving real estate landscape has undergone significant transformation in recent years, driven by the increasing integration of technology into property transactions. As digital platforms gain traction and consumers demand greater transparency and efficiency, the National Association of Realtors (NAR), the largest association in the United States, finds itself at a crossroads, facing mounting pressure […]
Thinking of Buying a Home on Your Own? This is called self-representation, where there is no REALTOR® involved on one side of the transaction. The homebuyer or home seller is choosing to represent themselves throughout the transaction process. There are a few major pain points to self-representation. With self representation, it can be easy for […]
When you make the decision to sell your home, you need to be aware you are opening yourself up to a lot of uncertainty. While there are absolutely steps you can take to ensure the process runs smoothly, there are always unforeseen events that may throw your pending sale off course. As a seller the […]
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%, […]
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