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 continues to hold now that prices remain elevated but mortgage rates have eased, as Scottsdale’s 7% increase in sales suggests buyers are still willing to act when value aligns with pricing. Inventory levels will be critical, as months of supply near 1.8 continue to […]
It’s critical to think about the lifestyle you want to have with your new home, and to evaluate what neighborhoods in your area are most conducive to that lifestyle. In order to get the feel of a neighborhood, you will want to spend time exploring the areas where you could see yourself living. Some great […]
It’s a natural instinct to rush to defend your home when you hear constructive criticism about it, but fight this urge! If you are too quick to defend your home and shut down those conversations, you are missing out on learning valuable knowledge about your property. Ultimately someone is just sharing their opinion with you, […]
To fast track the timeline of selling your home, listen to the feedback you receive from prospective buyers and their agents. This information will be extremely valuable for you as you learn the strengths and weaknesses of your listing. Remember not to take the feedback you hear personally, because even the most stunning homes are […]
After listening to Fed Chair Jerome Powell’s press conference, the explanation became clear: The Fed may be easing, but it remains cautious. Powell acknowledged cooling inflation and a moderating economy, but he repeatedly stressed that progress isn’t yet “secure.” That caution is exactly what keeps long-term borrowing costs, including mortgage rates, from making any meaningful […]
Step one is accepting the universal truth that the perfect property doesn’t exist. That shouldn’t discourage anyone in the home buying process, because you can still find the perfect home for your needs! It’s just highly unlikely that one house will check off everything on your wishlist, which is why we encourage prospective buyers to […]
In the coming months, home sellers should be ready for a market where pricing it right is critical, as rising inventory gives buyers more choices and chips away at a once-strong seller’s advantage. With sales activity slowing sharply, homes that come to market even slightly overpriced are far more likely to sit and require reductions […]
The process of picking an agent is a bit like dating: you want to ensure you get along with the person, feel comfortable, and can openly communicate with them. If you don’t feel that way about your realtor, keep searching! Having a good relationship will make the whole journey more productive and fun. While we […]
The Federal Reserve is sending one of its most contradictory signals in years, and Greater Phoenix—including Scottsdale, Paradise Valley, the Arcadia/Biltmore corridor, and the East and West Valleys—is feeling the full impact. On the one hand, the Fed continues to warn that inflation remains too high, with residential real estate repeatedly singled out as one […]
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