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 […]
What Are Fiduciary Responsibilities and How Do They Relate to The Home Buying Process? We can explain! When purchasing a new home, it’s typical to hire a real estate agent who can provide representation and counsel with fiduciary responsibility to you throughout the home buying process. Fiduciary responsibility means that your agent acts as a […]
As summer temperatures drop and autumn sets in, Arizona comes alive with a mix of festivals, fairs, and outdoor events perfect for enjoying the cooler weather. Whether you’re a fan of art, food, or outdoor fun, these top five fall events in Arizona offer something for everyone. 1. Arizona State Fair A fall tradition for […]
In the coming months, it will be important to watch how rising inventory and shifting buyer demand affect home prices in Metro Phoenix. In August 2024, sold listings dropped by 17%, signaling a cooling market despite a high-end sale of $32.4 Million in Paradise Valley. North Phoenix saw the average sales price rise to $1,192,529, […]
The Metro Phoenix real estate market experienced a cooling period from June to July 2024. Home prices dropped significantly and had longer days on market which suggests more cautious buyers, and sellers having to settle for offers below the list price. Sold homes decreased; however, the available homes for sale increased significantly, providing a more […]
As the 2024 Presidential election approaches, many prospective homebuyers and sellers are curious about how this major event might impact their decisions. Understanding the historical trends and potential effects of presidential elections on the housing market can provide valuable insights for navigating these uncertain times. We’ll also explore some potential scenarios and their impact on […]
In a significant development for potential homebuyers, mortgage rates have recently seen a downward trend. This shift could bring positive news for the housing market in 2024. Today, the average 30-year fixed mortgage interest rate is 7.00%, marking a slight decrease of 0.02% compared to the previous week. On the other hand, the 15-year fixed […]
In 2024, the residential real estate markets in Paradise Valley/Scottsdale, Arizona, and Southern California offer distinct advantages and challenges for homebuyers, particularly those interested in luxury homes. While both regions boast stunning properties and high-end amenities, they differ significantly in home values, property taxes, and overall cost of living. This article delves into these critical […]
The current real estate market in Metro Phoenix can be succinctly described as “subdued.” Despite low sales volumes and distress levels near historic lows, stability prevails. A notable shift in prices seems unlikely in the near future, dampening hopes of significant price reductions. The trajectory hints at a gradual move towards balanced market conditions, tempering […]
As the sun rises over the picturesque landscapes of Arizona, it illuminates a bustling scene of community and commerce: the farmers market. With tents pitched and vendors ready, these markets offer more than just a place to buy groceries—they provide: Let’s journey through some of Arizona’s finest farmers markets, where sunshine, camaraderie, and locally sourced […]
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