Is new construction the way to go in this dizzying-paced market? I’ve got the pros and cons you need — and it all comes down to what YOU want: PROS OF NEW CONSTRUCTION Custom-fit: Customizing your new home is the biggest pros of building new construction. It gives you the chance to design almost every inch of space to meet … [Read more...] about Pros And Cons Of New Construction
home prices
Affordability Challenges, Buyers Turn To New Construction
In today’s housing market, there are two main affordability challenges impacting buyers: mortgage rates that are higher than they’ve been the past couple of years, and rising home prices caused by low inventory. To overcome those challenges, many people are working with their agents to find less expensive homes. And with newly … [Read more...] about Affordability Challenges, Buyers Turn To New Construction
Are These Home Prices Normal?
If you’re thinking of buying or selling a home, one of the biggest questions you have right now is probably: what’s happening with home prices? And it’s no surprise you don’t have the clarity you need on that topic. Part of the issue is how headlines are talking about prices. They’re basing their negative news by comparing … [Read more...] about Are These Home Prices Normal?
Sellers: Don’t Wait Until Spring To Make Your Move
As you plan out your goals for the year, moving up to your dream home may top the list. But, how do you know when to make your move? You want to time it just right so you can get the most out of the sale of your current house. You also want to know you’re making a good investment when you buy your new home. What you may not … [Read more...] about Sellers: Don’t Wait Until Spring To Make Your Move
Single Family Homes in Big Demand!
The desire to live in a single family resale home is strong. So strong that purchase prices for single family resale homes are at all-time highs in Greater Phoenix. Additionally, monthly rental rates for single family resale homes. The single family rental market has boomed during the pandemic. Even before the pandemic … [Read more...] about Single Family Homes in Big Demand!
Thinking about Selling? Read this first!
The Phoenix metro area tops the nation in monthly home price gains, according to July data from the latest CoreLogic Home Price Index report. Home prices jumped 9% in July over the previous year due to the strong demand for housing. The market isn’t showing signs of cooling down yet. Many buyers are offering over asking … [Read more...] about Thinking about Selling? Read this first!
Arizona’s Economy Looking Strong for 2020!
Arizona's economy is still growing, but growth likely will be slower in 2020 than in the previous two years, an annual economic forecast from Arizona State University predicted recently. Arizona likely will continue attracting new residents at one of the highest rates in the country next year, though that could be a smaller … [Read more...] about Arizona’s Economy Looking Strong for 2020!
2020 Real Estate Forecast
Product, A group of top economists arrived at a consensus 2020 economic and real estate forecast today at the National Association of Realtors® Real Estate Forecast Summit. This is the first summit of its kind . The economists who gathered at NAR’s Washington, D.C. headquarters expect the U.S. economy to continue expanding … [Read more...] about 2020 Real Estate Forecast
