April 2021: Arizona housing Market Update and how to predict where home values are going.
Phoenix is one of the hottest real estate markets in the U.S. The Greater Phoenix housing market is booming. The buyer demand refuses to die down despite increasing mortgage rates. The median sales price has reached $360,000, which is an increase of $55,000 or +18.1% from the April of last year. There was a good supply of […]
Arizona home prices are not coming down anytime soon. October 2020
Be prepared to be shocked, mass migration is underway and Arizona life is being changed slowly. Real estate prices are not coming down anytime soon and the election will have no impact on home prices, so if you’re waiting don’t. There are not a lot of good options out there because if you rent, rents […]
The rule of 72 combined with the 1% rule in Real Estate investing!!
.The rule of 72 combined with the 1% rule in Real Estate investing!! Today I wanted to introduce you to the rule of 72, a very useful tool not many people know about. It is very simple and allows calculating the number of years that your investment will take to double: just take 72 and […]
Market report for August 2020 for Phoenix Metro
August Phoenix Metro Market Report: 2020-AUGUST-STATRemarkable. This is the word most used to describe the current state of our housing market. Even after our unemployment numbers rose above 12% in April and the U.S. economy contracted nearly 33% in the second quarter, in June buyers returned to our market. We are living in a time […]
Real Estate market update for Arizona in August 2020
Here we are in August and the upward trend continues as buyers still moving here and supply cannot catch up forcing prices to climb and selection to be Scarce. This is now and in real estate, it takes months, quarters, and years for change sometimes but to reverse the market to get the Cromford Report […]
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% […]
Why you should sell your home NOW and how safety is implemented into the sale.
No question the landscape of buying and selling your home has changed dramatically and here are some stats on why you should list your home now and the safety precautions we use to try and allow only qualified buyers into your home for viewings. Firstly, everyone should realize Arizona has an inventory problem out there. […]
V-shaped recovery was the accurate prediction of the economy and home sales months ago.
Here is a deep dive into market stats for pure nerds. The information is mostly from the Wilcox report and some online articles. “To erase the fear, you must get clear” Here is true data and not just a hunch, please read if you think your home value is going to crash, your thinking of buying […]
🏡🏡 Arizona Real Estate market update April 26th 2020
Latest Arizona Real estate market update, April 26th 2020. Hope everyone is keeping sane, I know there’s some of you out there that are not as good as others, and some that are good one day and not at all the other. For me if I can remove the unknowing, it can help alleviate some […]
Everything is going to be ok :) Some helpful links and an Arizona Real Estate Market update.
I am so sorry everyone is going through the social isolation, fear, and the unknown. I haven’t posted much and haven’t made many market updates for awhile because we simply do not know at this time. There is so much misinformation out there spreading fear, its truly hard to even think. Although we don’t know […]