Buy or Sell Homes in South East Valley of Arizona

Living in the home you are selling will have challenges. So make sure you know there are great options out thereto allow you to buy your next home, move into it and THEN sell your current home!! Does that sound awesome to you?  Well then Let's chat!! Otherwise here are tips to sell the home you live in.   1. A Home Sold but Not Bought When you put your home on the market, getting an offer can be easier than finding a house you'd like to purchase. This can put you in the position of nearly having your home sold without a new place for your family to go. One way to avoid this is to research new homes before putting yours on the market. You can get all your research together so when the time comes, you can make informed decisions quickly. If your home is already getting offers, consider accepting one with a longer timeline for closing or making the acceptance contingent upon you finding a new home. In extreme cases, you can even rent your home from the buyer unti...

At one point or another, you’ve probably heard someone say, “Yesterday was the best time to buy a home, but the next best time is today.” That’s because nationally, home values continue to rise. And with mortgage rates still stubbornly high and home prices going up, you may be holding out for prices to fall or trying to time the market for that perfect rate. But here’s the truth: waiting for the right moment could cost you in the long run. Home Prices Are Still Rising – Just at a More Normal Pace The idea that prices will drop dramatically is wishful thinking in most markets. According to the Home Price Expectations Survey from Fannie Mae, industry analysts are saying prices are projected to keep rising through at least 2029. While we’re no longer seeing the steep spikes of previous years, experts project a steady and sustainable increase of around 3-4% per year, nationally. And the good news is, this is a much more normal pace – a welcome sign for hopeful buyers (see graph below) ...

  When you think of a REALTOR, what do you think of? Lately We are hearing overpaid, a rip off-- this saddens us as there is a Very Big Difference from a REALTOR and anyone who is licensed to sell real estate in my eyes. There is so much talk about value and what we do or don't do for the public. It is hard to see the differences or what is the benefits of using a Full Time- Full- Service REALTOR.  WE think of negotiating and building relationship, protection for our clients, working hard, educated to what is happening around a specific area and the pitfalls to know about, helping people every way WE can. We think of helping you get to your Whooo hooo!!!! moment, quickly, efficiently and navigating all the obstacles that can be in your path!  Yes, you can sell your home yourself, use a discount brokerage, or hire a agent/a broker not associated with NAR with the designation of a REALTOR. So why does it matter? What difference does it make? REALTORS have taken an oath and ...

Here's what we're seeing in the market these days:  With buyers and sellers focused on the holidays, the downward trend we are seeing is very common for this time of year. Although the numbers (in terms of inventory) and sales price are not in favor of buyers, hopefully buyers will see some new and rising inventory just around the corner (January/February). On a positive note for buyers, this is still an amazing time for buyers to take advantage of record low interest rates especially with the Federal Reserve acknowledging that they plan to raise rates (more than once) in the upcoming year. 2022 is forecasted to be a seller’s market, albeit a weaker one than we have seen in 2021. Sellers should continue to avoid overpricing their homes because numbers indicate a direct correlation between overpriced listings to higher concessions to buyers and higher days on the market. Overall, Arizona is still seeing record numbers in the real estate market and experts do not see ...

A successful home sale, considered by many owners, is to maximize their proceeds in the shortest time with the least inconveniences.  Just because it is a seller's market doesn't mean that homeowners can shortcut some of the steps that make it happen and they certainly need to avoid commonly made mistakes. Pricing too high Low inventory and high demand have contributed to the rising prices of homes.  NAR reports that the median sales price is up 17.8% in the past year and CoreLogic recently released data that July set new record growth of 18% year over year.  This might give sellers a false sense of security about overpricing their home Pricing a home too high initially can limit activity, attract the wrong buyers and ultimately, cause the home to realize a lower price than optimum.  There is an interesting dynamic that takes place when there is a shortage of homes to show, and a new home hits the market.  Buyers, who have been in the market but not ...

  Although it’s barely spring, summer is right around the corner. And nothing says summer like better outdoor spaces to play and work in! Now is the time to plan and install outdoor structures so you can spend the hottest days of the year taking advantage of the breeze and shade, while still being able to spend time in the great outdoors. A Short List of Outdoor Structures Outdoor structures offer endless possibilities when it comes to sizes, shapes, construction materials, and intended uses. However, there are a few that are hardcore backyard staples, to the point that some might argue a home is completely bare without them. Of course, the outdoor structures you choose will depend greatly on how you use your home, but here’s a short list to get you started. Patio covers. Already have a patio, but the sun’s putting the kibosh on your outdoor plans? It’s time for a patio cover. These very simple structures are essentially a roof for your patio, designed to seamlessly marry with your...

  End of January  Pricing Update and Forecast Each month about this time we look back at the previous month, analyze how pricing has behaved and report on how well our forecasting techniques performed. We also give a forecast for how pricing will move over the next month. For the monthly period ending January 15, we are currently recording a sales $/SF of $214.92 averaged for all areas and types across the ARMLS database. This is up 3.0% from the $208.70 we now measure for December 15. Our forecast range mid-point was $212.50, with a 90% confidence range of $208.25 to $216.75. Prices rebounded sharply from the brief lull in early December and came in $2.42 higher than we forecast. However the actual result was well within the 90% confidence interval. On January 15 the pending listings for all areas & types show an average list $/SF of $218.10, up 2.2% from the reading for December 15. Among those pending listings we have 98.8% normal, 0.5% in REOs and 0.7% in short s...

As the monsoon season get started and as spring turns to summer, Most folks think, BBQ's and baseball and all kinds of summer fun! But here in the valley we as homeowners should be thinking of doing a little preventive maintenance in additions to all that fun! Unfortunately, not all of the weather is going to be so wonderful. Depending on where you live in the valley, you may face several severe storms during the summer as well as the usual summer storms and rain. Now is the time to prepare for storm season to make sure that you aren’t taken by surprise when bad weather hits. Trim the Trees Falling limbs and trees are one of the big causes of property damage associated with storms. A lot of this can be prevented with some forethought, however. Trim back or remove heavy or dying limbs that hang over your house, vehicles or power lines. Diseased, damaged or dead trees should also be removed to prevent them from falling as a result of heavy winds. Check your Drainage  Knowing ...

So many times, I have had folks come to Arizona and say, “I would like a home with a pool”.   Before you go that route, please think.   Because after about 2-3 years those same people come to me and ask me to sell their home because they are tired of being a slave to the pool.   When decided to move to Arizona, you will see a lot of homes have a pool out here, but here are a few things to consider when buying a home with a pool.   ·           If the pool is heated, you can have all year enjoyment. But usually it is heated by electrical and that will jump your bill up about $200.0/$400 a month. (depending on how much you heat it)    ·           If the pool is not heated, then you will most likely not use it for only about 6-7 months of the year (typical usage is from May through September), depending on your tolerance of colder water. But wi...

Either Way, You’re Still Paying a Mortgage November 4 2014 There are some people that have not purchased a home because they are uncomfortable taking on the obligation of a mortgage- or perhaps you can't because of a short sale or a foreclosure. Everyone should realize that, unless you are living with your parents rent free, you are paying a mortgage - either your mortgage or your landlord’s. There are programs out there to help get you back on your feet and start reaping the benefits that you deserve! As a paper from the Joint Center for Housing Studies at Harvard University explains:  “Households must consume housing whether they own or rent. Not even accounting for more favorable tax treatment of owning, homeowners pay debt service to pay down their own principal while households that rent pay down the principal of a landlord plus a rate of return. That’s yet another reason owning often does—as Americans intuit—end up making more financial sense than renting.” Also, i...

The pride of ownership shows in this well-appointed highly upgraded 3 bedroom --Much nicer than a new home –it is the complete package! 2 baths, 2 car extended garage. It boasts beautiful 18in tile throughout the home, custom interior paint, with carpeting in all bedrooms & upgraded carpet in the split master bedroom and large walk-in- closet, and a wonderful great room feel with kitchen and living room area wired for surround sound. The kitchen has many upgrades; with pull out shelves, pendant lighting, granite counter tops, under cabinet lighting, Stainless steel appliances (fridge in garage conveys not one in kitchen) double ovens are ready for the holidays. Plantation shutters and faux wood blinds are throughout the home. This backyard is well equipped, too! Pavers extend the patio to lead you to a wonderful sitting area by the gas fire pit, perfect for those winter gatherings, overlooking the mature plants, and trees, grass with nice curbing to finish it off. The covered pati...

It’s important to do as much research when you can when you’re preparing to buy a home. And while it’s necessary to read up on everything you can before you begin searching, it’s also important to have a quick-to-access home buyer’s checklist. I’ve listed all of the key things you will want to look out for and ask about while you are house-hunting, so be sure to print this out or pull it up on your smart phone – to guarantee you cover everything you need to assure you find the perfect home! Step One: The Home Here is everything you will want to look over and ask about for each house that you look at: ·          Square footage ·          Number of bedrooms ·          Number of full baths ·          Number of half-baths ·          Condition of walls (interior) ·  ...

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 ...