Information about Buying or Selling your home in Phoenix, Scottsdale, Mesa, Gilbert, Chandler, Apache Junction, Queen Creek, Tempe, San Tan Valley, Apache Junction.
Wednesday, February 5, 2014
February Newsletter- what you need to know this month
National Home Prices Continue to Rise
Median home prices are showing strong year-over-year growth. Annual prices reached the highest rate in the past eight years in November, when the national median existing-home price climbed to $196,300. The median time for a home to stay on the market in November was 56 days—a slight drop from October's median of 54 days but a significant improvement over November 2012's...Read More
7 Mistakes to Avoid When Investing in Real Estate
There is money to be made in real estate, but you need to think about real estate investing as the business it is. Here are some common mistakes that beginning investors should avoid.
1. Getting emotionally involved. This is the biggest and most common mistake beginning investors make. Emotions and business do not mix well. In this case, falling in love with a property will almost always ensure that...Read More
What a Home Inspection Can Do for You
While giving a new $900,000 home a thorough going-over, Salt Lake City home inspector Kurt Salomon found a problem under the deck. The builder had cut corners, using the wrong kind of fasteners to secure the deck to the house. Yet, the municipal building official had approved the work.
"In some cases, a building inspector is not going to crawl underneath the deck looking at the hardware. A good home inspector will," says Salomon...Read More