You may ask, what is the average price of homes these days in Phoenix? We get this question a lot.
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The Average Price means it is the sum of all prices in the market divided by the number of homes in the market. For example, let's say there are 5 homes for sale in a market at prices of $175,000, $200,000, $250,000, $350,000, and $600,000. The average price would be $315,000.
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When selling or buying a home, this is useful info to know. If Average Listing Prices are trending down, it may take longer to sell a home and buyers may have more bargaining power. If Average Listing Price is trending up, the market may be "hot" and homes will likely be selling more quickly. Sellers will have the advantage when prices are going up.
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To sum it up, the median for new homes in the Valley is $355,000, while re-sales are at $285,000 at this time.
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The affidavits of value filed in Maricopa County for November showed an increase of 6% in recorded sales compared with last year. Not bad considering the 5% lower number of working days.
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The new home market did a lot of the heavy lifting - up by 14% since last year, while re-sales were up a more modest 5%.
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If you have any other questions, drop in the comments below, We would love to answer them!😁

VIDEO: https://youtu.be/WTO82F6Kg3Q

Real Estate Market 2020 – BREAKING NEWS - Federal Changes Effective Jan 1st! The Federal Housing Finance Agency (FHFA) recently announced some new federal changes effective January 1st, 2020! We go over these and a quick housing market update. You don’t want to miss this video. Thanks for tuning in. 🥙
Check out Greka Pita located at 1747 E Camelback Rd #103, Phoenix, AZ 85016
A Mediterranean restaurant that also serves Asian food, too!!

Awni and Chantell Abbas
"AWNTEL"
Realtors specializing in Real Estate Investing
Sell • Buy • Invest • Multi-Units
-
Consider Subscribing to our channel 🏼LINK IN BIO 🏻
-
FOLLOW US on Insta @awntelrealestate

Real Estate Market 2020 – BREAKING NEWS - Federal Changes Effective Jan 1st! The Federal Housing Finance Agency (FHFA) recently announced some new federal changes effective January 1st, 2020! We go over these and a quick housing market update. You don’t want to miss this video. Thanks for tuning in. Check out Greka Pita located at 1747 E Camelback Rd #103, Phoenix, AZ 85016 A Mediterranean restaurant that also serves Asian food, too!! _______________________ 🔴 Subscribe for more free tips: https://www.youtube.com/channel/UCpAA... FREE copy of Awni's book "The Ultimate Guide to Central Phoenix Real Estate" here: http://www.cenphxliving.com/book 🏘What’s my home REALLY worth? Get a TRUE home value report at http://cenphxhomevalues.com 📲 🏘Interested in buying a home or multi-family? Free property search at http://awntelsellshomes.com 📲 Connect with AWNTEL on Social Media: Instagram: @awntelrealestate Facebook: https://www.facebook.com/buyandrentaz Linkedin: https://www.linkedin.com/in/awniabbas Twitter: https://twitter.com/BUYANDRENTAZ Pinterest: https://www.pinterest.com/awntelprope... Awni and Chantell Abbas - "AWNTEL" Awntel Property Advisors group Website: http://www.cenphxliving.com Number: 480-788-4118 ___________________________ ⚠️New weekly videos where we share the "How To” strategies and secrets of Real Estate, real estate Tips/Advice, housing news & market updates. Love food? Check out our fun local food and drink reviews, too. Do you know anyone thinking about buying (or selling) a home in central Phoenix? BEFORE you start house-hunting, there's something you should know…I wrote this book, just for YOU! This book is full of insider information that will save you THOUSANDS and THOUSANDS of dollars on your next home purchase or sale. When you read the book, you'll learn… -Why owning real estate in Phoenix is a smart, long-term investment (page 43) -Two questions you should ask a real estate agent BEFORE you sign a contract with them (page 69) -The most COSTLY mistakes made by homebuyers (page 95) -The ONE THING you must do before house-hunting (page 174) And much, much more…There's chapters for buyers, sellers, investors, landlords, for sale by owners, and even a BONUS guest chapter on how to properly "stage" your home to sell! Whether you're looking to buy a home in Phoenix, a home in the Historic Districts, or maybe something walking distance from Downtown Phoenix..read my book, click on the link above to get a free copy of my book. __________________ #loanlimitchanges2020 #fhaloan #valoan #phoenixnews #phoenixrealestatemarketupdate #topphoenixrealtor #realestate #realestateinvesting #arizona #phoenixarizona #phoenixhomeprices #phoenixhomesforsale #phoenixrealestateinvesting #BuyingHomeinPhoenixArizona2020 #realestateinvestor #phoenixaz #phoenixazhomesforsale #realestatetips #phoenixrealtor #realestate #howtosellahouse #realestatecoaching #howtosellahome #phoenixrealtor #grekapita #phoenixasainresaturant #phoenixMediterraneanrestaurant

What is your Home Worth?

When you know the facts, you make better decisions. Plain & simple. Here are 3 steps that will help you understand your home’s market value:

☝🏼Step 1: Know What “Home Market Value” Really Means.

Believe it or not, your home’s market value is NOT based on the following:

1. Your monthly mortgage payment.

2. Your opinion of how great your home is.

3. Your memories of your home.

Market value is what BUYERS are willing to pay for your home.

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☝🏼Step 2: Use Free Online Tools to Estimate the Value of Your Home. If you search for your address on an online real estate marketplace, you’ll likely find all kinds of facts about your home that are public record.

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☝🏼Step 3: Work With an Expert and List Your Home at the Perfect Price. If you’re interested in selling your home, contact an agent no matter what you find online. Your pro will have even more detailed information to help you make better decisions about selling your home.

That’s because a real estate agent doesn’t pull stale info from the shelf. Unlike online tools, we have access to a multiple listing service (MLS) database of homes for sale in the area that will allow us to run an accurate comparative market analysis (CMA). A good agent will take the time to come and look at your home. They’ll consider the landscaping, the condition of the home, any upgrades you’ve added and all those things that aren’t listed in public records but make a real difference to potential home buyers. We use the power of real world experience to compare your home’s details to recent sales & current listings. Remember, the market value is not based on formulas. It’s based on how much someone is actually willing to pay for your home. Price your home too high and buyers will pass you up without ever stepping through the door. Price it too low and you could lose thousands of dollars. The right price gets you the most money in the least amount of time.

#phoenixrealtor hashtag#realestateexpert hashtag#phoenixaz

You’ve been saving to buy your first home. But timing is important if you want to find the best value for your budget. Certain times of the year are often better for buyers than sellers. Prices tend to drop during these periods, and that can mean sizable savings.

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Autumn and winter are generally the best seasons to buy a house across all regions in the US, especially in Phoenix Arizona. As the holiday season picks up, buyers and sellers are making plans and celebrating with family. In areas affected by the cold weather, this trend maybe more pronounced. As a result, people who are in the market to purchase homes are focused on other things, so there’s often less competition at this time of year.

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Prices may also be lower in winter. In January and February, houses typically cost 8.45% less than they do in June and August.

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Send us a private message or go to our website, link is on our About Page and Bio. Drop us a voice DM if you have any questions We can help you with.

📲📲📲📲

Awni and Chantell Abbas

"AWNTEL"

Realtors specializing in Real Estate Investing

Sell • Buy • Invest • Multi-Units

-

Consider Subscribing to our channel 👉🏼LINK IN BIO 👈🏻

-

FOLLOW US on Insta @awntelrealestate

Down Payment Assistance Programs for 2020 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. 🏡 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 and Bio. Drop us a voice DM if you have any questions We can help you with.💥

hashtag#realestateforsale hashtag#downpaymentassistance hashtag#phoenixaz hashtag#realestatetips

Will the Real Estate Market Crash in 2020?

Will the Real Estate Market Crash in 2020? We go over 2020's housing market outlook & predictions. We are Real Estate Brokers with 15+ years of experience, providing the public with real estate knowledge and insight.

WATCH VIDEO HERE: https://youtu.be/yq_1zlsFW-Y

Vegan tacos???? We tried Mexican Vegan Food at Earth Plant Based Cuisine in Phoenix Arizona! And OMG! Check out out our video. Enjoy!

VIDEO HERE: https://youtu.be/AalL8Ve9UhQ

Thanks for watching!

Awni and Chantell Abbas

"AWNTEL"

Hit the BELL icon to turn on your notifications for new weekly videos on the Youtube - LINK IN BIO). We share "How To” strategies, tips/advice, & housing news.

Love food? So do we. 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

#mexicanveganfood #phoenixveganfood #veganfoodinphoenix #veganrestaurant#phoenixnews #phoenixrealestatemarketupdate #topphoenixrealtor #realestate #realestateinvesting #arizona #phoenixarizona #phoenixhomeprices #phoenixhomesforsale #phoenixrealestateinvesting #BuyingHomeinPhoenixArizona2020 #realestateinvestor #phoenixaz #phoenixazhomesforsale #realestatetips #phoenixrealtor #realestate #howtosellahouse #realestatecoaching #howtosellahome #phoenixrealtor