There are many benefits to homeownership. One of the top benefits is being able to protect yourself from rising rents by locking in your housing cost for the life of your mortgage. Don’t Become Trapped Jonathan Smoke, Chief Economist at realtor.com, reported on what he calls a “Rental … [Read more...]
Builder Confidence Hits 11-Year High
In many areas of the country, there are not enough homes for sale to satisfy the number of buyers looking to purchase their dream homes. Experts have long proposed that a ramp-up in new, single-family home construction would be … [Read more...]
Thinking of Selling? Now is the Time, maybe best time in a decade
It is common knowledge that a large number of homes sell during the spring-buying season. In Arizona, this is the busiest time of the year as far as number of closed transactions and buyer demand. For that reason, many homeowners hold off on putting their homes on the market until now. The … [Read more...]
Thinking you should FSBO? Think again
Some Highlights: According to NAR's Profile of Home Buyers & Sellers: 88% of buyers look for their new home online. Using a real estate agent can net you $39,000 more than FSBO'ing. There is a long list of people that you will have to negotiate with when you decide to sell your … [Read more...]
Economic outlook: Short Sales are here to stay
The economy is beginning to show signs of a slow recovery and less shock from external forces. That said, we still have a ways to go before we can see a “full recovery” in the housing market.This is due in large part, to the number of foreclosures being filed. Just last year, there were over a … [Read more...]
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