The Top States Americans Moved to Last Year, and Arizona is one of them:
* Americans are on the move, and the most recent Atlas Van Lines Migration Patterns Survey tracked the 2019 traffic flow from state-to-state.
* Idaho held on to the top spot of ‘high inbound' states for the second time since 2017, followed by Washington State.
* New York was the country's outbound move leader in 2019, a designation it most recently held in 2014.

Awni and Chantell Abbas
"AWNTEL"
We share strategies, Real Estate investing advice, Insider news & current market updates.
Love food? Check out our local community food and drink vids, too.
Realtors specializing in Real Estate Investing
Sell • Buy • Invest • Multi-Units
480-788-4118

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

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 first half of the year is minimal. So what you see on the MLS now is almost certainly a larger selection than you will face as a buyer for the next 5 months. This is really good news for home sellers.

🏼With a currently low amount of homes coming to market, anyone thinking of listing is in a prime situation to sell. The supply of homes for sale is at a historic low. Buyer demand is surprisingly strong. Now would be a great time to sell.

Awni and Chantell Abbas
"AWNTEL"
We share strategies, Real Estate investing advice, Insider news & current market updates.
Love food? Check out our local community food and drink vids, too.
Realtors specializing in Real Estate Investing
Sell • Buy • Invest • Multi-Units
480-788-4118
Follow us on INSTAGRAM: @awntelrealestate

⚠️When the number of buyers in the housing market outnumbers the number of homes for sale, it’s called a “seller’s market.” The advantage tips toward the seller as low inventory heats up the competition among those searching for a place to call their own. This can create multiple offer scenarios and bidding wars, making it tough for buyers to land their dream homes – unless they stand out from the crowd. Here are three reasons why pre-approval should be your first step in the homebuying process.
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1.Gain a Competitive Advantage:
Low inventory, like we have today, means homebuyers need every advantage they can get to make a strong impression and close the deal. One of the best ways to get one step ahead of other buyers is to get pre-approved for a mortgage before you make an offer. For one, it shows the sellers you’re serious about buying a home, which is always a plus in your corner.
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2. Accelerate the Homebuying Process:
Pre-approval can also speed up the homebuying process, so you can move faster when you’re ready to make an offer. In a competitive arena like we have today, being ready to put your best foot forward when the time comes may be the leg-up you need to cross the finish line first and land the home of your dreams.
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3. Know What You Can Borrow and Afford:
Here’s the other thing: if you’re pre-approved, you also have a better sense of your budget, what you can afford, and ultimately how much you’re eligible to borrow for your mortgage. This way, you’re less apt to fall in love with a home that may be out of your reach. Getting started with pre-approval is a great way to begin the homebuying journey. Reach out to us at ‪480-788-4118‬ to make sure you’re on the fastest path to homeownership!

Awni and Chantell Abbas
"AWNTEL"
We share strategies, Real Estate investing advice, Insider news & current market updates.
Love food? Check out our local community food and drink vids, too.
Realtors specializing in Real Estate Investing
Sell • Buy • Invest • Multi-Units

Housing Market 2020 in Phoenix Arizona - Here's What to Expect

Housing market in 2020: Here’s what to expect in Phoenix Arizona.
We go over the latest housing market news here in Phoenix, Arizona news regarding interest rates, housing supply and shortage, the impact of technology on the housing market, impact of labor shortage, impact of strong economy, the multi-family market, and millenials...Whether you are a home buyer, home seller, real estate investor, builder, or even a flipper, these videos will help educate and inform you in making intelligent decisions when it comes to real estate investing. Thank you for watching.

WATCH VIDEO HERE: https://youtu.be/Sy-z7CiPaC4
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Awni and Chantell Abbas
"AWNTEL"
We share strategies, Real Estate investing advice, Insider news & current market updates.
Love food? Check out our local community food and drink vids, too.
Realtors specializing in Real Estate Investing
Sell • Buy • Invest • Multi-Units
480-788-4118

#phoenixnews #phoenixrealestatemarketupdate #phoenixrealtor #housing2020 #arizona #phoenixarizona #phoenixhomeprices #housingmarket #housingnews

*5 Reasons Homeowners Throw Better Parties During the Big Game:
* There’s more room to entertain a large crowd.
* The kitchen is big enough to whip up endless appetizers – yum!
* You don’t have to worry about complaints to your landlord when the cheering kicks in!
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Awni and Chantell Abbas
"AWNTEL"
We share strategies, Real Estate investing advice, Insider news & current market updates.
Love food? Check out our local community food and drink vids, too.
Realtors specializing in Real Estate Investing
Sell • Buy • Invest • Multi-Units
480-788-4118
Follow us on INSTAGRAM: @awntelrealestate

If you’re following what’s happening in the current housing market, you’ve seen how the lack of newly constructed homes is a major reason there’s a shortage of housing inventory available to today’s buyers. Another reason is that the inventory of existing homes for sale is shrinking. According to the most recent Existing Home Sales Report from the National Association of Realtors (NAR), sales are up 10.8% from the same time last year. That exceeds expectations and is great news. The troubling news from the report is that the sold inventory is not being replaced.

Why is inventory falling so dramatically?

A year ago, a combination of a government shutdown, stock market slump and mortgage rate spike caused a long anticipated inventory rise. That supposed boom turned out to be a short lived mirage as buyers came back into the market and more than erased the inventory gains. As a natural reaction, the recent slowdown in home values looks like it’s set to reverse back to accelerating growth right as we head into home shopping season with demand outpacing supply.

The supply of homes for sale is at a historic low. Buyer demand is surprisingly strong. Now would be a great time to sell.

Awni and Chantell Abbas

"AWNTEL"

We share strategies, Real Estate investing advice, Insider news & current market updates.

Love food? Check out our local community food and drink vids, too.

Realtors specializing in Real Estate Investing

Sell • Buy • Invest • Multi-Units

480-788-4118

Follow us on INSTAGRAM: @awntelrealestate

It may be time for you to move out of that apartment and into your new home!
️🤣
Rents will be rising AGAIN in 2020. Some apartments are costing just as much as a mortgage payment on a house!

We have helped hundreds of families buy a home through Down Payment Assistance Programs. They are available through some government programs and non-profits organizations in Arizona. If you’re a someone missing a down payment or don’t want to wipe out your savings, these programs are designed to assist. There are multiple programs that a person could qualify for to buy a home. It's nearly cheaper than renting! You just need to know and learn about what options are available to you.

A Down Payment is one of the largest factors that prohibit people from buying a home. Upwards of 25% percent of all jobs are tied to the housing market for employment. The government knows that Homeownership builds more stable communities, better employees and provides a stable environment to raise children that do better in school. Our government leaders understand the effects of homeownership and promote these programs as such.

The amount of the down payment assistance grant/gift can vary from county to county in Arizona. The programs give up to 100% of the down payment needed to buy a home. The amount is determined by the price of the home. Check your eligibility today and find out how much you will get.

Send us a private message or go to our website, link is on our About Page & Bio. Drop us a voice DM if you have any questions We can help you with.
•
Awni and Chantell Abbas
"AWNTEL"
We share strategies, Real Estate investing advice, Insider news & current housing market updates.
Love food? Check out our local community food and drink vids, too.
Realtors specializing in Real Estate Investing
Sell • Buy • Invest • Multi-Units
480-788-4118
Follow us on INSTAGRAM: @awntelrealestate

It may be time for you to move out of that apartment and into your new home!
️🤣
Rents will be rising AGAIN in 2020. Some apartments are costing just as much as a mortgage payment on a house!

We have helped hundreds of families buy a home through Down Payment Assistance Programs. They are available through some government programs and non-profits organizations in Arizona. If you’re a someone missing a down payment or don’t want to wipe out your savings, these programs are designed to assist. There are multiple programs that a person could qualify for to buy a home. It's nearly cheaper than renting! You just need to know and learn about what options are available to you.

A Down Payment is one of the largest factors that prohibit people from buying a home. Upwards of 25% percent of all jobs are tied to the housing market for employment. The government knows that Homeownership builds more stable communities, better employees and provides a stable environment to raise children that do better in school. Our government leaders understand the effects of homeownership and promote these programs as such.

The amount of the down payment assistance grant/gift can vary from county to county in Arizona. The programs give up to 100% of the down payment needed to buy a home. The amount is determined by the price of the home. Check your eligibility today and find out how much you will get.

Send us a private message or go to our website, link is on our About Page & Bio. Drop us a voice DM if you have any questions We can help you with.
•
Awni and Chantell Abbas
"AWNTEL"
We share strategies, Real Estate investing advice, Insider news & current housing market updates.
Love food? Check out our local community food and drink vids, too.
Realtors specializing in Real Estate Investing
Sell • Buy • Invest • Multi-Units
480-788-4118
Follow us on INSTAGRAM: @awntelrealestate

Homeowners who purchase a house before age 35 are better prepared for retirement at age 60.
The good news is, our younger generations are strong believers in homeownership!
Those who purchased their first homes when they were younger than 25 had an average of $10,000 left on their mortgage at age 60. The 50% of buyers who purchased in their mid-20s and early-30s had close to $50,000 left, but traditionally purchased more expensive homes.
If you want to buy this year but you’re not sure where to start the process, meet with us. We can help you to understand the best steps to take from here.

If you’re considering buying or selling, reach out to us, so you have the advantage in this competitive market.
•
Awni and Chantell Abbas
"AWNTEL"
We share strategies, Real Estate investing advice, Insider news & current market updates.
Love food? Check out our local community food and drink vids, too.
Realtors specializing in Real Estate Investing
Sell • Buy • Invest • Multi-Units
480-788-4118
Follow us on INSTAGRAM: @awntelrealestate

WHAT YOU NEED TO KNOW ABOUT REAL ESTATE’S INVENTORY SHORTAGE‼️
We may have started a new decade, but last year’s biggest real estate concern is still singing the same tune. Inventory is at a near-historic low, while demand for homes continues to grow.
This can be frustrating for eager buyers and bring hesitancy to those looking to sell soon.
⚠️Here are the The Facts:
A normal market’s inventory sits at 6 months. We’re currently at 3.7 months (nationwide) and that number could drop lower. It's 2.7 in the Greater Metro Phoenix.
🏼What does this mean to you? It means that there aren’t enough homes to keep up with the demand of buyers. This is, in big part, due to millennials finally wanting to become first-time homebuyers.
🏼There’s also been a shift in when people are buying homes. The myth that the spring market is the best seller’s market is busted.
🏼For the past 5 years, buyers have been coming out earlier and earlier because of increased demand. Essentially, there is no such thing as a “buyer’s season” anymore, and those who think so could face a longer and more complicated selling process.
🏼With a currently low amount of homes coming to market, anyone thinking of listing is in a prime situation to sell! Most markets in the country are seeing record lows for days on the market, with many of the homes getting multiple bids and more than asking price.
🏼On the flip side, waiting to sell could mean more competition and losing interested buyers to new construction homes.

If you’re considering buying or selling, reach out to us, so you have the advantage in this competitive market.
•
Awni and Chantell Abbas
"AWNTEL"
We share strategies, Real Estate investing advice, Insider news & current market updates.
Love food? Check out our local community food and drink vids, too.
Realtors specializing in Real Estate Investing
Sell • Buy • Invest • Multi-Units
480-788-4118
Follow us on INSTAGRAM: @awntelrealestate