The home selling process involves getting vulnerable with yourself and acknowledging: 1) why you are selling your house and 2) that you are prepared to undergo the home selling process. The process of buying and selling a home involves a major monetary and emotional commitment, so make sure you are in a place where you […]
It’s every home seller’s dream to end up with multiple offers shortly after listing their home. This scenario is most often achieved through a combination of pricing your home correctly, having a strong online listing, and marketing the home well. These components will lead to 1) excitement and 2) scarcity. You want for there to […]
It’s the moment you’ve been waiting for… You’re ready to submit an offer on a home, which means it’s time to start the negotiations. Watch out for the biggest mistake property buyers make during the negotiation process: not preparing adequately! In order to be an effective negotiator, you must do your research and be knowledgeable […]
The month of April saw demand outpacing supply, shifting focus away from interest rates as the main driver of the market. The balance between supply and demand has shifted in favor of sellers since mid-November, indicating the market correction that caused a major slow down in the fourth quarter of 2022. With all this said, […]
The month of April saw demand outpacing supply, shifting focus away from interest rates as the main driver of the market. The balance between supply and demand has shifted in favor of sellers since mid-November, indicating the market correction that caused a major slow down in the fourth quarter of 2022. With all this said, […]
Overall, the Metro Phoenix real estate market saw some mixed results for March 2023, with a decrease in the number of sold listings and the average sales price. While the increase in inventory may provide more opportunities for buyers, mortgage rates remain in the mid 6’s. In the words of Dave Ramsey, buy the home […]
Relative decisions refers to the way we process information based on the factors available to us at the moment we are making that choice. The concept of relative decision making ties into the home buying process because prospective homeowners must make a relative decision when choosing what properties they like. At any given moment, you […]
Demand weakened, as it always does during the holiday season, which is why our supply took a 24% jump this month. However weak demand does not necessarily make a market crash. Excess supply is what really drives prices down hard, and we’re simply not seeing that. The downward pricing trend is actually weakening. Asking prices […]
Demand weakened, as it always does during the holiday season, which is why our supply took a 24% jump this month. However weak demand does not necessarily make a market crash. Excess supply is what really drives prices down hard, and we’re simply not seeing that. The downward pricing trend is actually weakening. Asking prices […]
According to Flex-MLS, the Marketplace for MetroPhoenix Residential Properties, in Quarter 4, 2022 versus Quarter 4, 2021: The Number of SOLD listings decreased by 28% to 6,545 units, with a top sale of $21,000,000 at 6015 E Cameldale Way, in Paradise Valley. The Average Sales Price increased by 14% to $939,524, moving the Average Price […]
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