Cromford Report – Phoenix Metro Real Estate Update as of October 7, 2018

The Phoenix Valley market is beginning to show signs of a slight slow down going into 4th Quarter.  This month’s median sales price is 7.4% higher than the same time last year.  The median sales price is a bit less than the last previous two months (August (8.6%) and September (8.3%)). We are also seeing a slight change in more listings for sale, less homes going under contract than the previous month. This is normal for the last quarter of the year.

Phoenix Valley Stats 10.2018.jpg

Posted in Market Updates | Leave a comment

5 Issues You May Face When Inheriting a House

Inheriting a property can come as a shock and may feel like an insurmountable obstacle. In the wake of a family tragedy or death, being the executor of an estate can be especially challenging. And the biggest asset in an estate—and the most difficult to resolve—is usually a house.

Here’s a list of important decisions an executor may face when a house is part of an inheritance

sun lake home.JPG

Posted in Homeowner Advice, Inheriting A Home, Seller Advice | Leave a comment

Important Tips in Winning the Loan Game – Loanopoly

To Contact Rudy Benitez, please visit his website: https://rudybenitez.annie-mac.com/

Facebook Rudy

Posted in Buyer Advice | Leave a comment

City of Maricopa Real Estate Market Stats – September 2018

Market Commentary:

  • Median Sale Price Per Square Foot is up 7.9% over last year.
  • Active Listings are DOWN 4.1% and Sold Listings (Closed Sales) are DOWN 7.6% compared to this same time last year.
  • We are beginning to see a decrease in closed sales. This may be due to the upcoming election. In our past experience, there is usually a small slow down during the Fall buying season before a major election.
Interested in another city? Please contact me for statistics valley-wide.
Posted in Buyer Advice, Homeowner Advice, Investor-Landlord, Market Updates, Seller Advice | Leave a comment

Should I Sell My Home Now or Wait Until…?

“Is this a good time to be selling a home?” is a very common question that real estate agents are asked.

For the Phoenix Valley, our busiest buying season starts in January as our winter visitors arrive.  With this in mind, winter visitors begin arriving in September and the market slows again around Thanksgiving through the new year. By mid- January through May, we will have the highest number of buyers shopping for a home. So when is it a good time to sell?  This Full ARTICLE explains how the slower times of the year will also have benefits to a Seller listing their home for sale.

fall_variety_of_gourds__pumpkins_bbre_755.jpg

 

Posted in Homeowner Advice, Seller Advice | Leave a comment

7 Must-Dos on the Day You Show Your House

Don’t risk losing buyers because of little things you overlook. Check these off your list before you open the front door

slide-8

Posted in Seller Advice | Leave a comment

Free Credit Score and Tracking with CreditKarma.com

We have been using this website to track our credit scores for several years now. If you are looking for a free, non-intrusive tool to help you track your scores, we highly recommend this site.

www.CreditKarma.com

th

Posted in Buyer Advice, Homeowner Advice, Investor-Landlord, Seller Advice | Leave a comment

5 Strategic Ways For Millennials to Save Money

Today’s affordability pressures are holding back the most eager would-be home buyers. In a recent study by CoreLogic and RTI Research, young millennial renters under the age of 29 are the most enthusiastic demographic wanting to purchase a home in the next 12 months. However, one-third of millennial renters said they can’t afford the downpayment required to do so.

If the down payment is your potential clients’ biggest hurdle to buying, share some tips with them on how to meet their savings goals. Full Article

th.jpg

 

Posted in Buyer Advice, Homeowner Advice, Retirement | Leave a comment

Cromford Report – Phoenix Metro Real Estate Update as of September 5, 2018

The Phoenix Valley homes continues to increase in value due to the low inventory of homes available for sale (Available homes for sale are down 9.6% from last year). This month’s median sales price is 8.3% higher than the same time last year.

Phoenix Market Infographic 09.18.jpg

Posted in Market Updates | Leave a comment

4 Bumps in the Road that Can Slow Down Your Home Purchase

Helpful video to prepare you for the unexpected.

With #1, they reference seller’s unpaid water bills. In the City of Maricopa, we have seen seller-side issues with unpaid HOA dues, delinquent property taxes, or other unpaid expenses that the seller is responsible to pay at closing. Escrow is responsible for notifying all parties of any unusual/outstanding liens on the premises.

Capture.JPG

Posted in Buyer Advice, Seller Advice | Leave a comment