Phoenix Real Estate and Community News

June 16, 2020

3 Reasons Homebuyers Are Ready to Purchase This Year:

3 Reasons Homebuyers Are Ready to Purchase This Year:

Let’s break down why these are a few of the key factors motivating buyers to actively engage in the home search process, and the corresponding wins for sellers as well.

1. Low Mortgage Rates
The biggest reason potential homebuyers indicated they’re eager to purchase this year is due to current mortgage rates, which are hovering near all-time lows, low 3%, high 2%'s! Today’s low rates are making it more affordable than ever to buy a home, which is a huge incentive for purchasers. In fact, 67% of respondents in the Lending Tree survey want to take advantage of low mortgage rates. This is no surprise when comparing historic mortgage rates by decade.

2. Reduced Spending
Some people have also been able to save a little extra money over the past few months while sheltering in place. One of the upsides of staying home recently is that many have been able to work remotely and minimize extra spending on things like commuting expenses, social events, and more. For those who fall into this category, they may have a bit more saved up for down payments and closing costs, making purchasing a home more feasible today.

3. Re-Evaluating Their Space
Spending time at home has also given buyers a chance to really evaluate their living space, whether renting or as a current homeowner. With time available to craft a wish list of what they really need in their next home, from more square footage to a more spacious neighborhood, they’re ready to make it happen.

If you’re ready to buy or sell – or maybe both – reach out to us at 480-788-4118 or DM us to put your plans in motion. With low mortgage rates leading the way, it’s a great time to take advantage of your position in today’s market.

Awni and Chantell Abbas
"AWNTEL"
Realtors specializing in Real
Estate Investing
Sell • Buy • Invest • Multi-Units
480-788-4118

 

Posted in Buying a Home
June 16, 2020

Real Estate News 2020 - Low Interest Rates | Home Prices | Retail Businesses Begin to Reopen

VIDEO HERE: https://youtu.be/W3mS_nXMNsY

Real Estate News 2020 - Low Interest Rates | Home Prices | Retail Businesses Begin to Reopen – This video is about the current national and Phoenix Arizona 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/assigning 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), notes, 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

Posted in Real Estate News
June 15, 2020

These cities have the highest growth rate, increase of real estate sales, and good investor hot spots to watch.

Posted in Real Estate News
June 12, 2020

Real Estate will lead the economic recovery

With more U.S. states reopening for business this summer, and as people start to return to work, we can expect the economy to begin improving. Most expert forecasts indicate this economic recovery will start to happen in the second half of this year. As we get back to work and the financial landscape of the country begins to turn around, many experts also agree that real estate has the potential to lead the way in the recovery process.

One of the big reasons why housing has the potential to be such a driving force is the significant impact it has on the local economy. This impact is particularly strong when a newly constructed home is built and sold. According to a recent study by the National Association of Realtors (NAR), the average new home sale has a total economic impact of $88,416. As outlined in the image you see, this is a combination of income generated from real estate industries, expenditures, and new home construction.

With so many unknowns today, especially in the wake of a worldwide pandemic, one known factor is the bright spark the housing market can play in local and national recovery. Buying and selling a home goes well beyond personal growth and satisfaction – it supports our economy as a whole. According to experts, the economy will begin to recover in the second half of this year. With real estate as a driver, that recovery may start sooner than we think.
-
Awni and Chantell Abbas "AWNTEL"
Realtors specializing in Real
Estate Investing
Sell • Buy • Invest • Multi-Units
480-788-4118

 

Posted in Real Estate News
June 6, 2020

It's a good day to have a good day. A heartfelt congratulations

It's a good day to have a good day. A heartfelt congratulations  on your new place, good sir! We are incredibly happy for you. We greatly value your trust and confidence in doing business with us. And with your touch, it’s going to look amazing. You have the creativity and determination to do whatever you can dream. Cheers to your next journey! 🥳😎🎉

Thank you once again Stacy Neal - The Neal Team - Wallick & Volk Mortgage for successfully closing on Christian's loan, you and your team never fail us. 🤜🏼🤛🏼🙏🏼
-Awni

Awni and Chantell Abbas
"AWNTEL"
Realtors specializing in Real
Estate Investing
Sell • Buy • Invest • Multi-Units
480-788-4118

 

Posted in Buying a Home
June 4, 2020

Is it time to sell your vacation home?


       
 
The travel industry is one of the major sectors that’s been hit extremely hard by the COVID-19 pandemic. Today, it’s hard to know how long it will take for summer travelers to be back in action and for the industry to fully recover. Homeowners who rent their secondary properties on their own or through programs like Airbnb, which has over 660,000 listings in the U.S. alone, have been impacted in this challenging time. Some of these homeowners are considering selling their vacation homes, and understandably so.
-
If you’re considering selling your rental property, know that there are two key factors indicating that selling your vacation home now may be your best move as a homeowner.
-
We don’t know exactly when heightened summer travel will return or what it will look like when it does. If you’re considering selling your vacation home, contact us to Local Realtors at 480-788-4119 to determine your options in the current market.
Awni and Chantell Abbas
"AWNTEL"
Realtors specializing in Real
Estate Investing
Sell • Buy • Invest • Multi-Units

Posted in Selling Your Home
June 1, 2020

Real Estate Market Update May 2020 – BREAKING NEWS - Curfews home prices interest rates

Phoenix Arizona Real Estate Market Update May 2020 – BREAKING NEWS - Curfews, home prices, interest rates.

 

VIDEO HERE: https://youtu.be/p-n4KfwD0Ew

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 (even if you are not a Realtor which you don't have to be to know how to do this), notes, 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. Catch ya later, 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

 

Posted in Real Estate News
May 30, 2020

Looking to Invest in Real Estate? Flipping Homes in Phoenix Arizona

 

VIDEO HERE: https://youtu.be/wgKY_p2ANis

We located the fixer upper and helped re-sell it to the resale market when it was complete for a nice sized profit. Have you ever wanted to invest in real estate but don't know where to start? We can show you how to invest in real estate and earn six to seven figures doing so. We have helped so many clients from beginners to the very experienced build their investment portfolios through real estate investing. And the best part? You do not need a lot of money to start! Don't let those BS "gurus" tell you that. Everybody wants some level of freedom, financial security, funds for vacations, college funding for their kids, and/or just simply having money in the bank to do whatever you want at anytime you please. Why not have your taste in freedom now? You have worked very hard in your life to not see sizeable returns. Why not you??? Stop the rat race and let us help you. This is our main specialty. We have so much fun doing it and helping others win with abundance, too! Look, there is plenty of money to be earned and homes to be sold, trust us. It will never run out. 15,000 homes are being sold daily! We will show you how to invest in real estate step by step. You do not have to be in Arizona to know and understand how to actually flip homes and invest in real estate. We can help anyone, virtually anywhere. There are insider strategies that we know and can show you the ropes. You can also get a copy of my real estate book for Free on our website at www cenphxliving . com 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 (even if you are not a Realtor which you don't have to be to know how to do this), notes, 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. This is a North Central Phoenix fix and flip home we SOLD! Our clients did fantastic on this fix and flip project. Thank you for continuing to be a loyal client and doing business with us for a long period of time. We are grateful and truly appreciate it. Cheers from sunny beautiful Arizona, Thanks for watching. Catch ya later, 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 Looking to Invest in Real Estate? Flipping Homes in Phoenix Arizona

Posted in Real Estate News
May 29, 2020

Top Reasons to Own Your Home

  • June is National Homeownership Month, and it's a great time to consider the benefits of owning your own home.
  • If you're in a position to buy, homeownership might help you find the stability, community, and comfort you've been searching for this year.
  • Reach out to us today at 480-788-4118 to determine if homeownership is the right next step for you and your family!
  • -
  • *Connect with us, learn about resource programs for things like down payments, and get pre-approved today. Call, text or DM us
  • -
  • Awni and Chantell Abbas
  • "AWNTEL"
  • Realtors specializing in Real Estate Investing
  • Sell • Buy • Invest • Multi-Units
  • 480-788-4118

Posted in Real Estate News
May 28, 2020

Economists Forecast Recovery to Begin in the Second Half of 2020:

Economists Forecast Recovery to Begin in the Second Half of 2020:

 

With the U.S. economy on everyone’s minds right now, questions about the country’s financial outlook continue to come up daily. The one that seems to keep rising to the top is: when will the economy begin to recover? While no one knows exactly how a rebound will play out, expert economists around the country are becoming more aligned on when the recovery will begin.

 

According to the latest Wall Street Journal Economic Forecasting Survey, which polls more than 60 economists on a monthly basis, 85.3% believe a recovery will begin in the second half of 2020.

 

In addition, five of the major financial institutions are also forecasting positive GDP in the second half of the year. Today, four of the five expect a recovery to begin in the third quarter of 2020, and all five agree a recovery should start by the fourth quarter.

 

Do you believe we will recover quickly? Let us know your thoughts

 

Posted in Real Estate News