Real Estate News

March 10, 2020

Quick housing update!

 

Quick update: Inventory is extremely low right now. We are at 2 months supply of inventory; Under 6 months supply is not a balanced market. We are still in a seller's market.

 

The Average home price is $298,000 in the Metro Valley. Homebuyers under …

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Posted in Real Estate News
March 9, 2020

New Homes Coming to the Housing Market This Year

The number of building permits issued for single-family homes is the best indicator of how many newly built homes will begin to come to market over the next few months. According to the latest U.S. Census Bureau and U.S. Department of Housing & Urban Development Residential Construction Report, the number …

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Posted in Real Estate News
March 4, 2020

Coronavirus: Will it affect the housing market in Phoenix Arizona?

 

 

 

WATCH VIDEO HERE: https://youtu.be/Xmye5VQf-ys

Posted in Real Estate News
March 3, 2020

How Your Tax Refund Can Move You Toward Homeownership This Year

If you’re looking to buy a home in 2020, have you thought about putting your tax refund toward a down payment? Homeownership may be one step closer than you think if you spend your dollars wisely this year. Based on data released by the Internal Revenue …
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Posted in Real Estate News
Feb. 27, 2020

How Much Housing Wealth Can You Build in a Decade?

Earlier this month, the National Association of Realtors (NAR) released a special study titled Single-Family Home Price Gains by Years of Tenure. The study estimates median home price appreciation over the last 30 years based on the length of homeownership.
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How much have home prices increased?
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One of the first …

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Posted in Real Estate News
Feb. 24, 2020

Phoenix Real Estate Market is Insane Right Now!

WATCH VIDEO HERE: https://youtu.be/b79bnPllyhQ

 

February 2020 - Phoenix Real Estate Market is Insane Right Now! The housing market in 2020 HAS BEEN VERY UNUSUAL. Are we about to bust??? Learn about what's happening currently with the housing market in Phoenix, Arizona. Thanks for watching. _______________________ This …

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Posted in Real Estate News
Feb. 14, 2020

Reasons to Fall in Love with Home Ownership

•There are many benefits to love about homeownership, and they’re not all financial.
•Being a part of a neighborhood, driving academic achievement, and improving mental health are just a few of these advantages.
•Reach out to us today to determine if you’re ready to embrace the rewards of owning …

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Posted in Real Estate News
Feb. 13, 2020

The #1 Reason Why You Should List

The success of the U.S. residential real estate market, like any other market, is determined by supply and demand. This means we need to look at how many potential purchasers are in the market versus the number of houses that are available to buy. With early 2020 housing data now …

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Posted in Real Estate News
Feb. 11, 2020

Homeownership Rate on the Rise to a 6-Year High.

Homeownership Rate on the Rise to a 6-Year High.
Regardless of the lack of inventory on the market, the U.S. homeownership rate has climbed to a 6-year high. The United States Census Bureau reported that it increased to 65.1% in the fourth quarter of 2019, representing the …
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Posted in Real Estate News
Feb. 7, 2020

Phoenix continues to lead the nation for growth at 5.9%, while the national average was 3.5%!

Phoenix continues to lead the nation for growth at 5.9%, while the national average was 3.5%!
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However, what we have learned over the past 20 years is that if active listings do not manage to increase during January then the chance of them increasing during any month in the …

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Posted in Real Estate News