WATCH VIDEO HERE: https://youtu.be/6qgx-EBNTgE

We are seriously having a challenge with low inventory right now, especially under the $400,000 price point. With low inventory and very low interest rates, the pandemic has not stopped the consistent home price growth we have witnessed recently.

America has faced its share of challenges in 2020. A once in a lifetime pandemic, a financial crisis leaving millions still unemployed, and an upcoming presidential election that may prove to be one of the most contentious in our nation’s history all continue to test this country in unimaginable ways.

Even with all of that uncertainty, the residential real estate market continues to show great resilience. The experts seem to agree that residential real estate is doing remarkably well.

The housing recovery has been nothing short of remarkable. The expectation was that housing would be crushed. It was—for about two months—and then it came roaring back. If you’re thinking of jumping into the housing market (whether buying or selling), this may be the perfect time.

If you’re interested in purchasing a home and need help getting started, reach out to a us today at 480-788-4118 to take advantage of the support available to guide you through each step of the way.

Awni and Chantell
"AWNTEL"
We share strategies, Real Estate investing advice, Insider news & current housing market updates..
Realtors specializing in Real Estate Investing
Sell • Buy • Invest • Multi-Units
480-788-4118
Follow us on INSTAGRAM: @awntelrealestate

VIDEO: https://youtu.be/D8iYswbMTpU

This 1.18 ACRES lot is perfectly nestled in with million dollar homes with superb MOUNTAIN VIEWS! NO HOA! High price area, stable and strong resale values. This lot is waiting for you to build your custom dream home! Horse property is an option! Block fencing wall surrounds the lot. Flat ground, shovel ready. Connect to the city of Peoria sewer system OR you can use a septic system. Enjoy close access to a variety of shopping and entertainment such as; Fry's, Sprouts, Walgreens, Quick Trip, Circle K, McDonald's, Biscuits Cafe, more fine dining and much more. Hiking and walking paths at the Thunderbird Conservation Park. A+ Deer Valley School District with schools nearby. Close to the 101 and 303 and I-17 freeways. Your dream awaits, call today! MLS # is 6106148 Residential lot for sale Parcel Number is 201-13-037-C Lot Size Dimensions: 155X331 Apx SqFt: 51,215 Address is 0 W Mariposa Grande LN Peoria AZ 85383 Cross Streets: 67th Ave and Happy Valley Rd. Directions: 67th Ave and Happy Valley Rd Directions: Go South on Happy Valley Rd, West on Mariposa Grande Call for directions if needed explanation. BRING ALL OFFERS!! Feel free to call with any questions! SELLER FINANCING AVAILABLE CALL FOR INFO 480-788-4118 Awni and Chantell Abbas "AWNTEL" Realtors specializing in Real Estate Investing Sell • Buy • Invest • Multi-Units 480-788-4118 If you are new to our channel, I am a Real Estate Broker / Agent / Investor here in Arizona, serving the valley for over a decade and a half helping investors, builders, traditional home sellers and buyers. I also do real estate consulting services, if you're looking to learn how to actually invest in real estate and gain wealth through real estate, learn creative strategies like rent to owns/lease option contracts, from traditional resale/multi-family investing, flipping homes, wholesaling/assignment contracts, lots/new build development, etc. Real estate investing is our main specialty. It has completely changed our clients lives and even our own personal lives forever, for the better (even if you are not a Realtor which you don't have to be to know how to do this), I can help. Make sure to like this video and Subscribe to learn more winning strategies and stay on top of the real estate housing market. Cheers from sunny beautiful Arizona, Thanks for watching - ⚠️SUBSCRIBE to our Youtube Channel: https://www.youtube.com/buyandrentaz Hit the BELL icon to turn "ON" your notifications for new weekly videos. We share strategies, Real Estate investing advice, Insider news & current market updates. FOLLOW US on Instagram @awntelrealestate Peoria Arizona Land for Sale Tour - Build a New Custom Home!

Phoenix Real Estate Market 2020 - This market is still HOT!

VIDEO HERE: https://youtu.be/lAqt8ZiAF8U 

This market is still HOT! July Phoenix Real Estate Market 2020 - I go over some National and the Phoenix local housing market news. If you are new to our channel, I am a Real Estate Broker / Agent / Investor here in Arizona, serving the valley for over a decade and a half helping investors, builders, traditional home sellers and buyers. I also do real estate consulting services, if you're looking to learn how to actually invest in real estate and gain wealth through real estate, learn creative strategies like rent to owns/lease option contracts, from traditional resale/multi-family investing, flipping homes, wholesaling/assignment contracts, lots/new build development, etc. Real estate investing is our main specialty. It has completely changed our clients lives and even our own personal lives forever, for the better (even if you are not a Realtor which you don't have to be to know how to do this), I can help. Make sure to like this video and Subscribe to learn more winning strategies and stay on top of the real estate housing market. Cheers from sunny beautiful Arizona, Thanks for watching. Awni and Chantell Abbas "AWNTEL" Realtors specializing in Real Estate Investing Sell • Buy • Invest • Multi-Units 480-788-4118 - ⚠️SUBSCRIBE to our Youtube Channel: https://www.youtube.com/buyandrentaz Hit the BELL icon to turn "ON" your notifications for new weekly videos. We share strategies, Real Estate investing advice, Insider news & current market updates. FOLLOW US on Instagram @awntelrealestate

Why the rise in first time homebuying??🧐

The major factor is, arguably, low mortgage rates. As of the week ended July 16, the 30 year fixed mortgage rate dropped to 2.98%. With rates so low that are locked in under a 30 year mortgage, the typical mortgage payment, estimated at $1,036, has fallen below the median rent, at $1,045. For potential home buyers who were thinking of purchasing a home anyway before the pandemic outbreak and who are likely to remain employed, the low mortgage rate may be the clincher. With the average mortgage payment now estimated at a lower monthly cost than renting, it’s a great time for first time homebuyers to enter the market.

If you’re among the first time homebuyers who feel the process is complicated, you’re not alone. If you’re not sure where to begin or you simply want help in figuring out how to save for a home, finding a trusted real estate advisor like us (we are licensed Realtors in the state of Arizona) to work with is a critical step toward your success. We can help you understand the process, review your current situation, and guide you with a plan to help you to feel confident when buying a home.

If you’re interested in purchasing a home and need help getting started, reach out to a us today at 480-788-4118 to take advantage of the support available to guide you through each step of the way.

Awni and Chantell
"AWNTEL"
We share strategies, Real Estate investing advice, Insider news & current housing market updates..
Realtors specializing in Real Estate Investing
Sell • Buy • Invest • Multi-Units
480-788-4118
Follow us on INSTAGRAM: @awntelrealestate

Rents have risen AGAIN in 2020. It is now at $1.11 per square foot on average. Some 2 bedroom apartments are costing just as much as a mortgage payment on a house! Interest rates are an Avg. of 3% right now! Very low, really good time to take advantage of it.
🏼🏼🏼
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.

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 or call us at 480-788-4118 if you have any questions We can help you with.
•
Awni and Chantell
"AWNTEL"
We share strategies, Real Estate investing advice, Insider news & current housing market updates..
Realtors specializing in Real Estate Investing
Sell • Buy • Invest • Multi-Units
480-788-4118
Follow us on INSTAGRAM: @awntelrealestate

The health crisis we face as a country has led businesses all over the nation to reduce or discontinue their services altogether. This pause in the economy has greatly impacted the workforce and as a result, many people have been laid off or furloughed. Naturally, that would lead many to believe we might see a rush of foreclosures like we saw in 2008. The market today, however, is very different from 2008. 

The concern of more foreclosures based on those that are out of work is one that we need to understand fully. There are 2 reasons we won’t see a rush of foreclosures this fall: forbearance extension options and strong homeowner equity.

1. Forbearance Extension

Forbearance, according to the Consumer Financial Protection Bureau (CFPB), is “when your mortgage servicer or lender allows you to temporarily pay your mortgage at a lower payment or pause paying your mortgage.” This is an option for those who need immediate relief. In today’s economy, the CFPB has given homeowners a way to extend their forbearance, which will greatly assist those families who need it at this critical time.

Under the CARES Act, the CFPB notes:

 “If you experience financial hardship due to the coronavirus pandemic, you have a right to request and obtain a forbearance for up to 180 days. You also have the right to request and obtain an extension for up to another 180 days (for a total of up to 360 days).”

2. Strong Homeowner Equity

Equity is also working in favor of today’s homeowners. This savings is another reason why we won’t see substantial foreclosures in the near future. Today’s homeowners who are in forbearance actually have more equity in their homes than what the market experienced in 2008. The Mortgage Monitor report from Black Knight indicates that of all active forbearances which are past due on their mortgage payment, 77% have at least 20% equity in their homes. The high level of equity provides options for homeowners, policymakers, mortgage investors and servicers in helping to avoid downstream foreclosure activity and default-related losses.

Today’s real estate market is very different from 2008 when we saw many homeowners walk away when they owed more than their homes were worth. This time, equity is stronger and plans are in place to help those affected weather the storm.

July 2020 Housing Market Update - Phoenix Arizona. I go over some National and the Phoenix local housing market news. If you are new to our channel, I am a Real Estate Broker / Agent / Investor here in Arizona, serving the valley for over a decade and a half helping investors, builders, traditional home sellers and buyers. I also do real estate consulting services, if you're looking to learn how to actually invest in real estate and gain wealth through real estate, learn creative strategies like rent to owns/lease option contracts, from traditional resale/multi-family investing, flipping homes, wholesaling/assignment contracts, lots/new build development, etc. Real estate investing is our main specialty. It has completely changed our clients lives and even our own personal lives forever, for the better (even if you are not a Realtor which you don't have to be to know how to do this), I can help. Make sure to like this video and Subscribe to learn more winning strategies and stay on top of the real estate housing market. Cheers from sunny beautiful Arizona, Thanks for watching. Awni and Chantell Abbas "AWNTEL" Realtors specializing in Real Estate Investing Sell • Buy • Invest • Multi-Units 480-788-4118 - ⚠️SUBSCRIBE to our Youtube Channel: https://www.youtube.com/buyandrentaz Hit the BELL icon to turn "ON" your notifications for new weekly videos. We share strategies, Real Estate investing advice, Insider news & current market updates. FOLLOW US on Instagram @awntelrealestate

VIDEO HERE: https://youtu.be/WndYSrgAQ6E