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 […]
Scottsdale, Arizona, is the perfect destination to celebrate winter, offering a blend of festive cheer, cultural events, and unique experiences. From holiday light displays to world-class auctions, the city comes alive during December 2024 and January 2025, promising something special for everyone. Here are five standout events to mark on your calendar: 1. Scottsdazzle Holiday […]
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 […]
In the coming months, Metro Phoenix’s single-family home prices are projected to experience a modest increase, with inventory potentially tightening as holiday season listings typically slow. While mortgage rates currently average 6.88%, mortgage bankers expect gradual declines in the months ahead, which could offer some relief for buyers looking to enter the market. – Grant […]
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 […]
Despite the Federal Reserve’s recent reduction of the federal funds rate by 50 basis points in September 2024, mortgage rates have unexpectedly risen. Here’s an expanded look at why mortgage rates have increased recently despite a federal funds rate cut. We’ll also delve into how the upcoming 2024 election, with its potential to influence economic […]
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 […]
Phoenix, Arizona, a city known for its expansive growth, warm desert climate, and vibrant downtown, is facing an escalating challenge that is reverberating across the region—mass homelessness. In 2024, the homeless population has swelled to alarming levels, affecting not only the individuals experiencing homelessness but also the city’s neighborhoods, local businesses, and significant events, particularly […]
Barrett-Jackson, the renowned collector car auction house based in Scottsdale, has long made the Phoenix Valley a hotspot for car enthusiasts with its annual January auction at WestWorld of Scottsdale. Now, the company is introducing a new and unique event to the automotive calendar-the Scottsdale Fall Auction. From October 10-13, the highly anticipated Scottsdale Fall […]
The Metro Phoenix housing market experienced an 8% decline in sold listings in its 3rd Quarter, despite a record-breaking $32 million sale in Paradise Valley. The marginal 1% decrease in average sales price to $998,183, and stabilization of the price per square foot at $362 reflect resilient property values amidst softening demand. A 30% increase […]