Phoenix Real Estate and Community News

July 17, 2018

California homebuilder opening Arizona division, breaking ground on $20M community

Home construction has been booming across the Valley this past year.

 

https://www.bizjournals.com/phoenix/news/2018/07/12/this-california-homebuilder-is-opening-an-arizona.html

 

-Awni & Chantell Abbas

Awntel Property Advisors 

5134 N Central Ave #101

Phoenix, Az 85012

Office: 602-472-3489

Mobile: Call or text 480-788-4118

http://cenphxliving.com

“AWNTELL IT LIKE IT IS” SHOW

7 STAR SERVICE

Posted in Real Estate News
July 17, 2018

4 REAL Reasons Why We Buy A Home!

4 REAL Reasons Why We Buy A Home! | MyKCM

We often talk about why it makes financial sense to buy a home, but more often than not, the emotional reasons are the more powerful or compelling ones.

No matter what shape or size your living space is, the concept and feeling of home can mean different things to different people. Whether it’s a certain scent or a favorite chair, the emotional reasons why we choose to buy our own homes are typically more important to us than the financial ones.

1. Owning your home offers you the stability to start and raise a family

Between the best neighborhoods and the best school districts, even buyers without children at the time of purchase may have these things in mind as major reasons for choosing the locations of the homes that they purchase.

2. There’s no place like home

Owning your own home offers you not only safety and security, but also a comfortable place that allows you to relax after a long day!

3. You have more space for you and your family

Whether your family is expanding, an older family member is moving in, or you need to have a large backyard for your pets, you can take this all into consideration when buying your dream home!

4. You have control over renovations, updates, and style

Looking to actually try one of those complicated wall treatments that you saw on Pinterest? Tired of paying an additional pet deposit in your apartment building? Or maybe you want to finally adopt that puppy or kitten you’ve seen online 100 times? Who’s to say that you can’t do just that in your own home?

Bottom Line

Whether you are a first-time homebuyer or a move-up buyer who wants to start a new chapter in your life, now is a great time to reflect on the intangible factors that make a house a home.

Posted in Buying a Home
July 16, 2018

You Don't Need 20% Down

Saving for a down payment is often the biggest hurdle for homebuyers, but it doesn't have to be! Almost half of all homebuyers are unfamiliar with alternative down payment options (which allow as little at 3% down). Whether you have just started to save for a down payment, or have been saving for years, you may be closer to your dream home than you think! Let’s meet up so I can help you evaluate your ability to buy today.

 

What’s my home worth? 

Get a TRUE home value report at 

www.cenphxhomevalues.com

 

Interested in buying a home or multi-family?

Free property search at www.awntelsellshomes.com

 

For my FREE real estate guide book, go to http://phxrealestateinsider.com

 

-Awni & Chantell Abbas

Awntel Property Advisors 

5134 N Central Ave #101

Phoenix, Az 85012

Office: 602-472-3489

Mobile: Call or text 480-788-4118

http://cenphxliving.com

“AWNTELL IT LIKE IT IS” SHOW

7 STAR SERVICE

 

Posted in Buying a Home
July 16, 2018

Scottsdale real estate brokerage firm expanding national footprint

This residential real estate brokerage is eying Texas and Florida next.

 

https://www.bizjournals.com/phoenix/news/2018/07/11/scottsdale-real-estate-brokerage-firm-expanding.html

 

-Awni & Chantell Abbas

Awntel Property Advisors 

5134 N Central Ave #101

Phoenix, Az 85012

Office: 602-472-3489

Mobile: Call or text 480-788-4118

http://cenphxliving.com

“AWNTELL IT LIKE IT IS” SHOW

7 STAR SERVICE

Posted in Real Estate News
July 16, 2018

Housing Market Update

Housing Market Update
Awni & Chantell Abbas
REALTORS
Awntel Property Advisors
Equal Housing Opportunity
“AWNTELL IT LIKE IT IS” SHOW
7 STAR SERVICE

Posted in Real Estate News
July 16, 2018

First-Time Home Buyers Continue to Put Down Less Than 6%!

First-Time Home Buyers Continue to Put Down Less Than 6%! | MyKCM

According to the Realtors Confidence Index from the National Association of Realtors, 61% of first-time homebuyers purchased their homes with down payments below 6% in 2017.

Many potential homebuyers believe that a 20% down payment is necessary to buy a home and have disqualified themselves without even trying, but in March, 71% of first-time buyers and 54% of all buyers put less than 20% down.

Ralph McLaughlin, Chief Economist and Founder of Veritas Urbis Economicsrecently shed light on why buyer demand has remained strong,

“The fact that we now have four consecutive quarters where owner households increased while renters households fell is a strong sign households are making the switch from renting to buying.

Households under 35 – which represent the largest potential pool of new homeowners in the U.S. – have shown some of the largest gains. While they only make up a third of all homebuyers, the steady uptick in their homeownership rate over the past year suggests their enormous purchasing power may be finally coming to [the] housing market.”

It’s no surprise that with rents rising, more and more first-time buyers are taking advantage of low-down-payment mortgage options to secure their monthly housing costs and finally attain their dream homes.

Bottom Line

If you are one of the many first-time buyers unsure of whether or not they would qualify for a low-down payment mortgage, let’s get together and set you on your path to homeownership!

Posted in Buying a Home
July 13, 2018

Phoenix sees sharp increase in families renting rather than buying homes

The Phoenix metro has seen a 42 percent increase in renter families with children in the past decade, according to RentCafe.

 

https://www.bizjournals.com/phoenix/news/2018/07/10/phoenix-sees-sharp-increase-in-families-renting.html

 

-Awni & Chantell Abbas

Awntel Property Advisors 

5134 N Central Ave #101

Phoenix, Az 85012

Office: 602-472-3489

Mobile: Call or text 480-788-4118

http://cenphxliving.com

“AWNTELL IT LIKE IT IS” SHOW

7 STAR SERVICE

Posted in Buying a Home
July 13, 2018

Want to Sell Your House Faster? Don’t Forget to Stage! [INFOGRAPHIC]

Want to Sell Your House Faster? Don’t Forget to Stage! [INFOGRAPHIC] | MyKCM

Some Highlights:

  • The National Association of Realtors surveyed their members & released the findings of their Profile of Home Staging.
  • 62% of seller’s agents say that staging a home decreases the amount of time a home spends on the market.
  • 50% of staged homes saw a 1-10% increase in dollar-value offers from buyers.
  • 77% of buyer’s agents said staging made it easier for buyers to visualize the home as their own.
  • The top rooms to stage in order to attract more buyers are the living room, master bedroom, kitchen, and dining room.
Posted in Selling Your Home
July 12, 2018

2 Valley cities ahead of the pack for most homes under construction

The growth is spurred by a growing population and strong employment base in the Valley.

 

https://www.bizjournals.com/phoenix/news/2018/07/10/2-valley-cities-ahead-of-the-pack-for-most-homes.html

 

-Awni & Chantell Abbas

Awntel Property Advisors 

5134 N Central Ave #101

Phoenix, Az 85012

Office: 602-472-3489

Mobile: Call or text 480-788-4118

http://cenphxliving.com

“AWNTELL IT LIKE IT IS” SHOW

7 STAR SERVICE

Posted in Real Estate News
July 12, 2018

Housing Market Update

Housing Market Update
Awni & Chantell Abbas
REALTORS
Awntel Property Advisors
Equal Housing Opportunity
“AWNTELL IT LIKE IT IS” SHOW
7 STAR SERVICE

Posted in Real Estate News