Phoenix Metro Real Estate Real Estate Annual Changes – Cromford Report 02.07.2019

Here is this month’s market update for the Phoenix Valley. If you would like an update for your neighborhood, please contact us anytime.

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What’s a comfortable monthly mortgage payment?

Whats a good mortgage payment

Ready to speak to a Loan Officer? One of our preferred Lenders shared with us this article.  We highly recommend his services with
Rudy Benitez 
Mortgage Loan Originator | NMLS# 279367
Direct Phone: (520) 494-3139
Mobile: (602) 481-3967
Fax: (877) 245-0700
Email: rbenitez@annie-mac.com
AnnieMac Home Mortgage Corp NMLS # 338923
211 N. Florence Street, Suite 102 and 103 | Casa Grande AZ 85122

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City of Maricopa – Local Market Insight for the month ending January 2019

A few highlights from the Local Market Insight report:

  • The Median Sold Price is $209,900; this is up 13.5% from January 2018.
  • The average days that home was actively listed for sale on the market 86 days before the seller accepted an offer.
  • The average seller received 97.3% of their list price based on closed sales for the month.

***This report includes all homes types in the City of Maricopa (single family, new builder move-in ready, twin homes, and manufactured). For a breakdown of these statistics, please see the Detailed report.

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4 Items Home Inspectors Can’t Evaluate

When a home inspector examines the property your buyer is under contract to purchase, you should know that there are some items the inspector legally can’t determine about its condition. Here are the 4 Items that a Home Inspector Can’t Evaluate

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Credit Score Basics

Credit score is a major factor when you’re shopping for a mortgage. While each credit bureau will calculate your credit score differently, here is some general information about how it is determined.

Have questions? Contact Rudy Benitez, Mortgage Loan Originator
Direct Phone: (520) 494-3139 or Mobile: (602) 481-3967
Email: rbenitez@annie-mac.com

credit score

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3 No-Cost Ways to Stage a Property

You may not have the extra funds to stage a property, but that doesn’t mean there aren’t ways you can still spruce it up. Some of the biggest staging moves can be free. Beyond decluttering and depersonalizing the property, realtor.com® recently highlighted several ideas, including: Click Here to learn more

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Four Influential Factors That Will Impact The Future Of Housing

With a cooling housing market, it’s a good time to look at factors that may influence housing in the future and how these trends could impact residential real estate investors.

Here are four things that real estate investors will want to keep tabs on, with a nod here to John Burns and Chris Porter, authors of “Big Shifts Ahead, Demographic Clarity for Businesses,” who address these four influencers in their book: Full Article Here

  1. Changing governmental policy
  2. Economic growth
  3. New technologies
  4. Shifts in societal acceptability
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Moving or Just De-Cluttering: How To Get Rid Of All Your Stuff — For $$

We tend to forget just how much junk we’ve stashed away in closets and drawers until we start digging into our nearly forgotten boxes of winter gear. Puffy jackets that haven’t seen the light of day in years, an unused hand-me-down Crock-Pot, and extra fluffy scarves, all just wasting space. It’s time to get rid of that clutter — and make some money from it in the process. https://www.refinery29.com/en-us/how-to-sell-things-online

PHOTO: COURTESY AMELIA ALPHAUGH.
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Phoenix Metro Real Estate Real Estate Annual Changes – Cromford Report 01.06.2019

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3 Home Repairs That Can Save a Sale

Sellers whose homes aren’t in tip-top shape may need to spend extra money or put in a little elbow grease to get their properties in market-ready condition. But what are the most important repair or maintenance tasks that support a higher asking price? “Smaller and less expensive updates in combination with good staging will have a great return,”

Here are the 3 home repairs that can save the sale

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