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 […]
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 […]
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