When analyzing the real estate market, attention often gravitates toward interest rates, housing inventory, and buyer demand. However, trade policies—particularly the imposition of tariffs—play a pivotal yet understated role in shaping housing costs, inflation, and mortgage rates. The strategic use of tariffs during the Trump administration provides a compelling lens through which to understand their […]
Scottsdale’s real estate market in 2024 offers strong investment potential, with a 12% increase in average sales prices and rising property values, making it a prime opportunity for buyers and investors. While mortgage rates have climbed to 7.04%, creative financing strategies can help buyers navigate affordability challenges. Additionally, a slight increase in inventory provides more […]
If a buyer has the financial liquidity, they may choose to pay for a home in cash and forgo mortgaging the home. The process for paying for a home in cash works a little bit differently. The main thing to note is that: Instead, you can request a letter from your financial institution that states […]
Scottsdale, Arizona, continues to attract attention for its thriving real estate market, particularly in the luxury segment. Known for its picturesque desert landscapes and high quality of life, Scottsdale offers buyers and homeowners comfort, design innovation, and wise investments. While luxury remains a key theme, the market trends emphasize functionality, sustainability, and lifestyle. Here’s a […]
In the coming months, it’s important to watch for Scottsdale’s single-family housing market to cool slightly, influenced by the holiday season, fluctuating interest rates, and a tightening inventory of homes. For buyers waiting on the sidelines, December is an opportune time to negotiate price and terms. By January, inventory is expected to rise, ushering in […]
Scottsdale, Arizona, is the perfect destination to celebrate winter, offering a blend of festive cheer, cultural events, and unique experiences. From holiday light displays to world-class auctions, the city comes alive during December 2024 and January 2025, promising something special for everyone. Here are five standout events to mark on your calendar: 1. Scottsdazzle Holiday […]
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 […]
In the coming months, Scottsdale’s single-family home prices are expected to rise through November and December. Historical trends indicate that inventory may tighten further as the typical holiday slowdown in new listings takes effect, creating a potentially competitive landscape for year-end buyers. – Grant Van Dyke Scottsdale Average Sales Price: September 2024 > $1,562,534 vs […]
Pre-qualification is one step you can take to make your home buying process go a little bit smoother. That is why one of the first items of business to get squared away when you are in the home buying process is: financial pre-qualification. Some people might think this is only relevant if you are planning […]
Despite the Federal Reserve’s recent reduction of the federal funds rate by 50 basis points in September 2024, mortgage rates have unexpectedly risen. Here’s an expanded look at why mortgage rates have increased recently despite a federal funds rate cut. We’ll also delve into how the upcoming 2024 election, with its potential to influence economic […]
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