Last week I told you the easy market was over. Prices softening, inventory building, and a Fed in no hurry to bail anyone out. I didn’t expect to be back seven days later with something heavier. On July 8, the U.S.-Iran ceasefire the one that had been holding since mid-June and had finally started calming […]
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 […]
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 […]
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 […]
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 […]
In the coming months, it’s important to watch whether mortgage rates continue to rise or begin to stabilize, as this will have a direct impact on buyer activity. Even with higher rates, the number of homes available for sale has remained steady and home prices have continued to hold firm, suggesting buyers are still actively […]
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