How to prepare your home for showings:
First Impressions are Lasting Impressions. The exterior of your home often determines how buyers will view the interior, so: Accentuate the Positive. “How we live in a home and how we sell a home are often two different things.” Try to see your home with a fresh perspective and arrange each room to bring out […]
Listing and Sale prices decreasing
This report below, was posted to the Cromford Report website today July 7th 2022. Big news as the market has come to a complete halt and prices turned the corner in some price points. July 7 – The affidavits from Maricopa County Recorded that were filed in June have now been counted and collated and we […]
Arizona Real Estate Market Update May 24th
Thanks for reading my blog on the updated market report for the Phoenix Metro area, a lot has changed in the last few months with higher interest rates, 25% + in inventory, affordability, and more. Prices will continue to rise in this environment but you will see in the coming months that you have more […]
7310 E Calliandra Court Gold Canyon.
4 BD, 4 BA, 4209 sqft, 2003,
1031 Exchange
What Is a 1031 Exchange? The Basics for Real Estate Investors If you own investment property and are thinking about selling it and buying another property, you should know about the 1031 tax-deferred exchange. This is a procedure that allows the owner of investment property to sell it and buy like-kind property while deferring capital […]
Arizona Real Estate Market Update for February 2022
Median Days on the market to contract = eight days Annual appreciation 27% Year over year. Sales over asking price 42% 4760 Active listings (We Need 16,000-18,000 to be in a stable market) DOM 8 days until contract Cromford Market index is at 460. When this number reaches below 100, only then will the price […]
How much do you really need for a down payment to purchase a home?
There is a common misconception among first-time homebuyers that they need a 20% down payment to purchase a home. This is not true, and a home buyer can purchase a home with as little as 3% down (0% for VA loans). There are also down payment assistance programs that can completely cover a buyer’s down […]
How to find your property’s value?
Click here A Comprehensive Guide to Evaluating a Home’s Value Introduction: Determining the value of a home is a crucial step in the buying or selling process. Whether you are a homeowner looking to sell or a prospective buyer aiming to make an informed decision, accurately evaluating a home’s worth is essential. In this blog […]
How to prepare your home to sell.
Every seller wants their home to sell quickly for a large profit, but it takes more than luck to make this happen. It involves careful planning and knowing how to professionally prepare your home to convince buyers to pull out their checkbooks. Deep Clean Your House – Clean homes are easier to sell, without any shadow of […]
What are closing costs in Arizona when buying a home?
Understanding Closing Costs in Arizona: What to Expect Closing costs are the fees associated with the transfer of property ownership from the seller to the buyer. These costs can vary widely depending on the purchase price, the location of the property, and the specifics of the transaction. In Arizona, these costs typically range from 1.5% […]
Video of Sewer scope with Orangeburg piping that was used in Tempe AZ in the 1960’s 70’s
Video of Sewer scope of Orangeburg piping that was used in Tempe AZ in the 1960’s 70’s Yesterday at 2:33 PM · Here is a sewer scope video of Orangeburg pipe that was used in the 60’s and 70’s. I encountered it in an inspection for my client in Tempe where it appears a lot. To […]
Lifetime Exclusion From Capital Gains Rule for Income tax and sale of property
Lifetime Exclusion From Capital – https://www.irs.gov/taxtopics/tc701 Capital Gains on the Sale of Your Home If you have a capital gain from selling your main home, you may qualify to exclude up to $250,000 of that gain from your income or up to $500,000 of that gain if you file a joint return with your spouse. […]
Renting vs Buying your home to live in.
This is an important question you should be asking yourself, along with your spouse, your parents, and friends before making a decision to buy or rent the home you live in. One of the biggest expenses and investments of your life. I have thought about this topic many times over the course of the past […]
December 2024 Arizona Real Estate Market Update
The Phoenix real estate market is undergoing a notable transformation, offering one of the most favorable environments for buyers in the past decade. Let’s dive into the numbers and trends shaping this market.
Holiday Events in Phoenix: A Seasonal Celebration
Kick off with a festive greeting and introduce your blog’s focus—highlighting the best holiday events in Phoenix. Mention how Phoenix transforms during the holiday season with twinkling lights, cultural celebrations, and family-friendly activities.
November 2024 Arizona Real Estate Market Update
With the elections approaching, now is an excellent time to buy in Arizona. Despite rising interest rates reaching 7%, buyers can benefit from significant builder incentives, including 4% financing and up to $10,000 in concessions. The current market presents unique opportunities, as the contract ratio is low, and there’s ample supply. Sellers are offering concessions, making this a great time to negotiate. Stay informed and seize the moment!
Why home prices are so high in Arizona
https://youtu.be/pOD2lBUtSY0?si=EDn2gPl6lae61Cep Here is a chart for the entire US home building. Arizona has a special problem because of the population increase, their chart is below. We are only at the average annual units completed now. We still have had a decade of underbuilding. As of Sept 18th 2024 Hi there, I hope you had a […]
Realtor Compensation and what I charge for services.
How Realtors Get Paid and What I Charge for My Services Here’s a breakdown of how Realtors get paid, what I charge, why you need a Realtor, and different scenarios of how a purchase or sale can play out. The new compensation rules, effective August 1, 2024, can make things complicated, so I wanted to […]
The AAR Purchase Contract for Arizona and how to get $20,000 off your future home by understanding it
https://youtu.be/D8nBcrMndhU?si=uT4pEcvh96Qpd5kp Making an offer on a house Once you’ve found the home that you want to buy, you and your Realtor will go through some required information to write the contract. Your agent will prepare the documents needed for officially making an offer on a house. You need to review the documents and make sure that they […]
National association of Realtors Lawsuit and change to how commissions are paid.
Here is an explanation of the new laws that will be taking place over the coming years with how realtors work and get paid.
March 2024 Arizona Real Estate Market Update
March 2024 RE Market Update Click here for the latest Charts from the Cromford Report Welcome to my blog on the AZ Real Estate market, thanks for reading, I appreciate all of you. If I was to describe the market in one word, it would be BORING. Here’s why. Prices are level, and not moving […]
Hiring and Managing Contractors Made Easy (Checklist & Tips)
Got a home repair on your hands? Sometimes, it’s better to bring in the experts. Here’s a simple guide to help you pick and manage the right folks for the job.
Arizona Real Estate Market Update – January 2024
In the world of real estate, it’s important to know what’s happening in the market. Let’s take a closer look at the numbers from ARMLS on January 1, 2024, and compare them with those from the same day in 2023. This will help us understand how the real estate scene is changing and make informed decisions whether you’re looking to buy or sell.