When you make the decision to sell your home, you need to be aware you are opening yourself up to a lot of uncertainty. While there are absolutely steps you can take to ensure the process runs smoothly, there are always unforeseen events that may throw your pending sale off course. As a seller the […]
Will Amazon Ever Dominate the Food Business? Six years ago, Amazon shook the retail world with its audacious $13.7 billion acquisition of Whole Foods Market. It was a move that promised to revolutionize the way we think about grocery shopping, merging Amazon’s technological prowess with Whole Foods’ brick-and-mortar presence. At the time, there was widespread […]
The Metro Phoenix market saw a 3% drop in the Average Sales Price, now at $965,455, leading to a $357 Average Price Per Square Foot. Inventory increased slightly to 3.47 month’s worth of properties for sale. When the 30-year fixed mortgage rate stays above 7%, demand for resale homes is so weak that more is […]
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 […]
The rising tide of home prices in the United States has prompted a scramble for answers, and one factor often thrust into the spotlight is the influence of Airbnb short-term rentals. This contentious issue resonates strongly in the housing markets of Scottsdale and Phoenix, Arizona. While these rentals seem the apparent culprit behind housing shortages, […]
Homebuying is an exhilarating journey, but it’s not without its challenges. One pivotal juncture in this process is the home inspection. Unfortunately, this step often gets a bad rap, with misconceptions swirling around it like a cloud of uncertainty. Home inspections aren’t the deal killers they’re made out to be. They’re the truth-tellers, the enlighteners, […]
The Metro-Phoenix housing market for July 2023 indicates a decline in sold listings and average sales prices for the 2nd consecutive month, with an increase in inventory. However, U.S. property values are up in all regions except for the West and Mountain, which serve as lead indicators for market trends. It remains to be seen […]
Dog Fun Festival! This upcoming event is a celebration of dogs and the special bonds they share with us! Get set for thrilling Dog Races, with categories for the big and the small. Prizes await the fastest paws in each race! They’re also honoring the uniqueness of our furry friends with Best Dog Trick and […]
In the ever-changing world of economics, the Federal Reserve, commonly known as “the Fed,” plays a crucial role as the United States central bank. It is responsible for safeguarding financial stability, managing inflation, and promoting maximum employment. But why should real estate enthusiasts care about the Fed’s actions? Let’s explore this integral component of the […]
Brace yourselves, renters! In an astonishing turn of events that has sent shockwaves of relief across households in the United States, the latest report unveils a groundbreaking revelation – median rent prices in the country dipped in May compared to the same month last year. This extraordinary development marks the first time in three years […]
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