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 […]
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 […]
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 4% decrease in the number of sold listings indicates a cooling in transaction volume for Scottsdale’s housing market in our 3rd Quarter. However, the 12% rise in average sales price along with a 15% increase in inventory, suggests that home values continue to grow. Even still, buyers are coming off the sidelines. This dynamic […]
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 […]
Nine Arizona hotels have gained national recognition in 2024, making the “Best in the West and Southwest” list according to Conde Nast Traveler’s Readers’ Choice Awards. These rankings reflect the top travel experiences, as voted on by more than 575,000 global travelers. Arizona’s finest hotels have garnered high praise, from luxurious resorts to stylish urban […]
As the summer heat fades and cooler days settle in, Scottsdale becomes the perfect destination for fall festivities. Whether you’re a local or visiting for the season, the city offers a rich tapestry of events celebrating art, culture, and the outdoors. Here are the top 5 must-attend fall events in Scottsdale for 2024, each offering […]
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 […]
In the coming months, it will be important to watch for continued stabilization of home prices and shifts in buyer activity due to decreasing mortgage rates. In August 2024, Scottsdale’s real estate market saw a 9% decline in both sold listings and the average sales price, which settled at $1,432,827. Inventory increased to 5.4 months’ […]
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