Monthly Archives: October 2015

Money-Saving Tax Benefits for New & Long-Term Homeowners

Buying and owning a home is not only an important step in life, it’s an area rich with benefits when it comes to filing an annual tax return. Article

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How Do Homeowners Accumulate Wealth

Great article from Chief Economist, Lawrence Yun, National Association of Realtors.  The differences between buying and renting are massive. According to the Federal Reserve, a typical homeowner’s net worth was $195,400, while that of renter’s was $5,400. …Read More

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Top 3 Reasons Why Americans Want to Own

The top reasons Americans say they want to own a home: The opportunity to build equity, the desire for a stable and safe environment, and the freedom to choose their neighborhood. Read More

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Canadians on the move…Can you say Ka-Ching?

Canadian homebuyers are retreating from metro Phoenix. It’s “for sure.” At the recent exchange rates, the loonie is trading at about 77 cents to the U.S. dollar. Canadians are cashing in. Article

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How the mortgage process just changed

New changes to the loan closing process has started as of October 4th. As a precaution, we are adding an extra week to our closing dates while the Lenders and Escrow Officers adjust to these changes Continue reading

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Buyers – Real Estate Scam costs Rhode Island couple $13k

Experts say this scheme is very sophisticated, and anyone who’s in the market for a new home needs to be on alert. Worth the read:

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September 2015 Market Statistics – Single Family Homes – Maricopa AZ

*Annual Median Appreciation = 4.8% (Cromford Report) *Seller’s market due to low inventory. We currently have 2.65 months of inventory available for sale. A balanced market has 4-6 months of inventory. *Average List Price: $172,568;  Average Sold Price: $170,481 (up … Continue reading

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5 Things They Never Told You About Your Home Loan

After the Great Recession, we had hoped the loan industry would have changed a bit…but Lenders are still about selling the Buyer the highest loan they can afford. The good news is our buyers are more educated than ever. Check … Continue reading

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