Selling a home is a large financial transaction that involves a written contract with legal obligations that must be fulfilled. As a result of this, the terms of a property contract are very black and white and there is rarely room for negotiation. Sellers are subject to penalties under contract law, so make sure you […]
In the coming months, it’s important to watch whether Metro Phoenix inventory continues to build, as sustained supply above six months would keep negotiating leverage tilted toward buyers. It will also be critical to track whether pricing holds or softens as more mid-range homes close, since recent price gains were influenced by higher-end transactions rather […]
When you are in the home buying process, you really want to immerse yourself in the experience. This means: visiting neighborhoods you like, going to open houses, and booking private viewings with your agent to closely look at your favorite homes. Taking all of these steps will expedite the process of elimination for you and […]
The Federal Reserve left interest rates unchanged at its most recent policy meeting, a move markets largely expected but one that revealed deeper tensions both within and beyond the central bank. While the decision reaffirmed policy continuity, the vote itself told a more complicated story. Pressure from the White House to move toward lower borrowing […]
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 […]
The concept of relative decision making ties into the home buying process because prospective homeowners must make a relative decision when choosing what properties they like. At any given moment, you are just working with as much information as you have, and you have to realize new homes constantly go on the market or get […]
If you want a clean way to understand why housing felt like it re-priced in the 2020s, look at two Arizona markets that normally behave very differently: From the end of 2019 through the end of 2025, both moved sharply higher, but Paradise Valley’s move was the most dramatic. And the reason matters for what […]
What’s the #1 thing to protect yourself against during the closing process? The best way to do this is to become very focused on making sure you hit all the critical dates and deadlines. Once a sales contract has been established, then it’s time to hone in on all the little details. If you know […]
Large institutional investors in the single-family housing market have come under increasing scrutiny. During Donald Trump’s presidency, the administration examined whether these firms were gaining too much influence by purchasing homes at scale and potentially making it harder for everyday and first-time homeowners to buy. Why the Issue Surfaced After the 2008 housing crash, private […]
In the coming months, it’s important to watch whether buyer demand remains steady as mortgage rates hover near the mid-6% range, since even small rate changes can quickly impact affordability and activity across Metro Phoenix. It will also be critical to monitor pricing discipline, as homes that align with market reality are selling while overpriced […]
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