Today, March 19, 2025, the Federal Reserve announced that it will hold interest rates steady, keeping the benchmark federal funds rate from 4.25% to 4.50%. While this decision aligns with market expectations, what caught many economists’ attention was the Fed’s indication that rate cuts could be on the horizon later this year. This decision has […]
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 […]
The Federal Reserve’s March 18-19, 2025 meeting is approaching, and all eyes are on whether policymakers will hold rates steady, cut, or hike. Given recent economic indicators, the most likely outcome is a rate hold, with potential cuts coming later in the year. For homebuyers, sellers, and real estate professionals, the Fed’s decision significantly affects […]
How do you compare homes when no two properties are exactly the same? It’s true that real estate pricing can be tricky because no two homes are created equal. In other industries, pricing is more standardized because the product is a commodity that is universally the same everywhere you go. In real estate, you’ll quickly […]
The 16% drop in average home prices and 13% increase in sales show buyers are gaining the upper hand in negotiations. Solid property options are still available with inventory tightening by 9%, but motivated sellers may be more willing to negotiate. Plus, with mortgage rates down to 6.84%, buyers can secure a better deal before […]
The 6% decline in average home prices, combined with an inventory level of 5.78 months, indicates that Metro Phoenix is currently exhibiting characteristics of a buyer’s market. Despite a 20% increase in sales activity, the available supply suggests that buyers maintain greater leverage in negotiations. Additionally, with mortgage rates declining to 6.84%, market conditions may […]
Spring in Maricopa County, Arizona, is synonymous with baseball, as the region hosts the annual Cactus League Spring Training. In 2025, this beloved tradition continues, bringing together 15 Major League Baseball (MLB) teams across 10 state-of-the-art stadiums, offering fans an intimate and immersive baseball experience. Cactus League Baseball A Brief Overview of the Cactus League […]
Here comes the fun part: discussing your vision about features you would love for your new home to have! There is an overwhelming amount of possibilities out there, so your realtor should help you to stay focused on making a list of what features are most important to you. Of course it’s important to prioritize […]
Do you know the most important detail to get right when selling your home? It’s the sales price! Setting the right price for your home is the most crucial step in the selling process, and will have a direct impact on how quickly and efficiently you are able to sell your home. If you’re ready […]
The U.S. housing market has undergone significant fluctuations in recent years, driven by pandemic-era low mortgage rates, soaring home prices, and the subsequent affordability crisis as interest rates climbed. With mortgage rates beginning to decline, many are questioning whether this will reignite market activity or if the slowdown will persist. Despite the relief lower rates […]
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