In the coming months, it will be important to watch whether buyer demand improves or remains constrained by elevated mortgage rates and affordability concerns. With inventory rising to 6.01 months’ supply, buyers have more choices and greater negotiating leverage, increasing competition among sellers. Updated, differentiated, and accurately priced homes can still attract serious interest, but […]
Here comes the fun part: discussing your vision about features you would love for your new home to have! There is an overwhelming amount of possibilities out there, so your realtor should help you to stay focused on making a list of what features are most important to you. Of course it’s important to prioritize […]
If professional staging is not an option for your home, that’s ok too! It’s still possible to stage your home on your own and with your own furniture. Your mantra while in the staging process should become: less is more. Let that be your mindset while you work on staging your home. The first rule […]
After you have decided to buy a new home, your realtor should sit down with you to have a realistic discussion about two important factors: your budget and what type of house that money will get you in your city. The same budget may get you a very different type of house from city to […]
The two most important goals of the staging process? Maximizing the space and flow of your home. When staging a house, it is important to remember that prospective buyers are far less interested in the interior design compared to seeing the attributes of the home. Buyers know that paint colors and curtains can be easily […]
In the coming months, it’s important to watch whether inventory continues to tighten after July’s 10% decline, as this could place renewed upward pressure on home prices. Mortgage rates will remain the biggest factor influencing affordability and buyer activity. If borrowing costs stabilize while inventory remains limited, Metro Phoenix is positioned to continue experiencing a […]
We are so glad you asked! Often people decide they want to buy a home, but they aren’t super clear on the particulars of what they want that home to look like in terms of location, size, features, and price. The outer ring is the first step where you may begin to start looking at […]
Last week’s conversation was about Japan quietly pulling capital out of the US Treasury market and why that, more than anything the Fed does, is what’s really holding up your mortgage rate. I did not expect the story to escalate within days of that conversation. On July 31st, a photographer caught something over Treasury Secretary […]
Every mortgage rate conversation in the Valley sounds the same right now. Buyers are waiting on the Fed. Sellers are waiting on the Fed. Local news is waiting on the Fed. It’s as if one meeting in Washington sets the price of every home from Old Town to Desert Mountain. It doesn’t. And if you […]
When possible, the answer is absolutely yes! When a home is staged well, it really helps a buyer to get a sense of what it would be like to live there, and gives them a vision of what their life could be like at that property. This includes outdoor spaces as well, especially with Arizona […]