Buy or Sell Homes in South East Valley of Arizona

Some folks are saying "the lights went out this month".  Now I am and always will be an optimist.  Giving the choice- the cup will always be ½ full.  But I see our market flatting out, ebbing in a way that makes sense.    If we keep seeing the 15-20% equity build as we have in the past 2 years- then I think I would be worried.  As I think you would see the chart explain well- Click on the link to see all of them https://www.dropbox.com/s/b1b8g6jnkh1gs5m/Sept%20stats%202013.pdf    Summary Statistics Sep-13 Sep-12 % Chg 2013 YTD 2012 YTD % Chg Absorption Rate 3 2.69 11.52 2.82 2.54 11.02 Average List Price $377,728 $332,695 13.54 $291,739 $247,968 17.65 Median List Price $219,999 $179,900 22.29 $190,000 $153,900 23.46 Average Sale Price $236,389 $199,251 18....

The National Association of Homebuilders/Wells Fargo Housing Market Index dropped two points to 55 from September’s revised reading of 57. Builder concerns over labor costs and availability and economic uncertainty related to the federal government shutdown were noted as factors contributing to the lower reading for October.  Key Points Noted In October ‘ s HMI included : Builder confidence remains above 50, which indicates that more builders have a positive outlook on housing market conditions than those with negative sentiment. The October HMI cites pent-up buyer demand in markets throughout the US as a positive influence on October’s reading. A spike in mortgage rates lowered builder confidence, but the Federal Reserve’s decision not to change its quantitative easing program eased fears about rapidly rising mortgage rates. The federal government shutdown, along with builder and consumer concerns about the national ...

For the whole report-   http://www.anypresentations.com/enl/view.php?id=6763&sid=2e4c&NID=97   National Home Sales Remain Above Year-Ago Levels When it comes to predicting immediate future sales, economists rely on the Pending Home Sales Index. It tracks the number of contracts in the housing market, not closings. And while July's pending home sales were down a slight 1.3 percent, they were still 6.7 percent above last year's level.  What's more, for the past 27 months the index has stayed above year-ago levels  Rising Mortgage Rates The slight dip in the index can be blamed...  Read More What You Need to Know Before Choosing a Home Mortgage Once you have found the perfect home and it has passed its home inspection, the next step is finding the right home mortgage. There are many different types of mortgages, and each has its benefits and drawbacks. You need to understand the ins and outs of your mortgage agreement before yo...

Check out some tips and tricks for  your home!  http://www.anypresentations.com/enl/view.php?&id=6763&sid=2e4c&NID=96

ARMLS puts together a chart each month that recaps the market...this is helpful as each area is selling for more or less because of demand.  See this chart in the link and it will show you the picture of where we are at. http://www.armls.com/docs/armls-home-sales-2013/hmsalesarmlsaugust2013.pdf?sfvrsn=2 Now, each community will sell for more or less because of demand- so if you need help buying or selling your home, please feel free to give me a call. I can help you narrow down the price for the home in a certain community by the specifics.    I am always happy to help you answer any questions, with no obligation.  I am just a phone call away!

First you get all of your finances in order and start the process of looking for the home you and your family need.  After a while of searching for the perfect home- You find it, this is the one you can see your furniture in, see your daughter come down the stairs for her first date, see your son hanging in the living room with his buddies and all of the other dreams you have for your home.  You are so excited you found it! However, you’re not the only one that loves the home, because there are multiple offers — and one of them is cash. Cash buyers are seen as desirable because they’re almost always a guaranteed quick close. They don’t have to borrow money from a bank therefore won’t have any financing hang-ups, which is where a large portion of offers fall through. Don’t worry; not all hope is lost. Follow the steps below to beef up your offer and get your foot in the door. So to speak; Get Pre-Qualified and Pre-Approved Have your lender do the DU app...

Report overview: This report includes MLS data for the past 36 months in Maricopa County only as provided by the FlexMLS system. Please note that searches fluctuate daily when running these reports; these figures were obtained on 7/4/13 .   A reminder that you need to meet with a real estate professional to see how statistics impact the area where you are considering selling or buying – blended statistics will not be as accurate as a more detailed report that your real estate professional can provide to help you with your decision making. Click HERE to view full market report!