Even when you are in the early days of your home buying journey, you want to start out by touring neighborhoods before getting attached to specific homes. This is an essential first step as it will guide the rest of your home buying search. It’s critical to think about the lifestyle you want to have […]
In 2023, the real estate market in Arizona delivered unexpected challenges for home-flipping enthusiasts. According to a report by ATTOM, a prominent real estate data analysis authority, there was a 29.3 percent decrease in the flipping of single-family homes and condos compared to the previous year. This downturn represented the most significant annual drop since […]
When possible, the answer is absolutely yes! When a home is staged well, it really helps a buyer to get a sense of what it would be like to live there, and gives them a vision of what their life could be like at that property. This includes outdoor spaces as well, especially with Arizona […]
We’ve all experienced it before when something looked amazing online and didn’t quite live up to it’s photos in real life. Over the last twenty years, we’ve all come to learn that you can’t believe everything you see on the internet, especially when it comes to the world of real estate. While some photos might […]
Today, on March 20, 2024, the Federal Reserve has again opted to maintain the current interest rates, marking the fifth consecutive meeting without any adjustments. This decision arrives amidst a globally anticipated announcement, underscoring the Fed’s deliberate strategy in the face of a multifaceted economic landscape. Understanding the implications of this decision requires a deeper […]
In a recent Scottsdale City Council meeting, a significant shift in urban development and preservation efforts emerged as Old Town’s building height regulations were revised. Past administrations, particularly former Mayor Jim Lane’s, faced criticism for approving tall buildings, sparking debates among current council members. As the council takes steps to reduce the bonus heights granted […]
In February 2024, Scottsdale’s housing market showed a big increase in property values and demand compared to January. The average home sales price rose to $1,465,679, showing strong market activity and higher property prices. Also, the number of available properties for sale decreased from a 7-month supply in January to a 5.55-month supply in February […]
In February 2024, the Metro Phoenix housing market witnessed a significant increase in sold listings compared to January. Despite this uptick in sales, the average sales price experienced a slight decline to $1,032,410, yet the average price per square foot rose to $379. The inventory of available properties for sale decreased from 6.1 months in […]
Staging your home is an easy way to give prospective buyers a vision about how they could turn your property into a beautiful home of their own! Some sellers mistakenly assume all home buyers will be able to see the value of a home right off the bat. When in reality this can be a […]
Federal Reserve Chair Jerome Powell’s testimony before Congress on Wednesday underscored the central bank’s cautious stance on interest rate cuts despite mounting pressure for monetary easing. Powell reiterated the Fed’s commitment to closely monitoring inflation and economic indicators before considering any adjustments to interest rates. In his prepared remarks to the House Financial Services Committee, […]