Phoenix Metro Market Update – 3/8/18

The Phoenix Metro area includes Maricopa County, Pinal County and a small part of Yavapai county.

Our market is doing very well overall. Appreciation is up to 8.7% annually, closed sales are up, and sellers have a higher success rate in selling their home than the previous two years. Challenges remain for a Buyer looking to purchase a home right now. Due to the low inventory of active listings, buyers have fewer homes to choose from and prices continue to rise.

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Home sellers now use spycams to gather intel on prospective buyers

As home security becomes more prevalent, its use by home sellers to record touring buyers raises questions.  As homes become smarter, real estate agents and home buyers are increasingly finding there’s an extra set of eyes and ears on them as they tour properties for sale. In a 21st-century version of the “nanny cam,” Realtors describe everything from old-fashioned security cameras to newer contraptions tracking their conversations and actions. In short, be aware of your discussions while previewing homes. Our advice, take good notes to discuss the home after you are outside of the premises.   FULL ARTICLE – Click Here

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Summer is Coming…Energy Saving Tips

In our eco-conscious (and money-conscious) age, there’s really no excuse for wasting energy at home. There are dozens of extremely easy, small steps you can take right now to minimize your use of energy resources and cut back your bill from the utility company. In 2015, families and businesses who simply switched to more energy-efficient appliances shaved a combined $34 billion off their utility bills.

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6 Things Professional Burglars Don’t Want You To Know

Home burglary generally has a pattern; criminals are looking for an easy target they can rob fast. Learn from the pros. Here are six tips from career burglars you can use to defend your home and prevent break-ins.

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Guide to mortgage closing costs: What average mortgage costs are, and how to keep yours low

Closing costs when you buy or refinance a home

First-timers may be shocked at the amount of mortgage closing costs required to buy a home. And those who refinance get another shock, because when you buy a home, you often split some or all of the closing costs. But when you refinance, they’re all yours. This guide provides a complete list of the most common closing costs, average closing costs by state, and tips on what you can do to minimize them.

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City of Maricopa Market Update & Sales Report for the month ending February 2018

Our city had 97  sales in the month of February.

According to Cromfordreport.com , our median, annual appreciation for the city of Maricopa is 10%. To see the most recent sales  in your neighborhood, click one of the links below.   (Note: These links expire on 4/13/18.)

Sold Homes in Acacia Crossing, Cobblestone Farms, Homestead, The Lakes, Province, Rancho El Dorado, and the Villages

Sold Homes in Alterra, Desert Cedars, Desert Passage (Smith Farms), Glennwilde, Meadows, Palo Brea, Rancho Mirage, Santa Rosa Springs, Senita, Sorrento, and Tortosa

Note: The subdivision is provided by the listing agent of each property.  (Some agents will enter the community name or parcel with the subdivision name). If you have a specific address, please contact me and I will gladly research it for you.

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The True Cost of Home Improvement

Home Improvement Cost – Nationwide Average of 57 Common Projects – Provided by HomeAdvisor.com

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Selling Your Home? 8 Uncomfortable Realizations You’ll Have Before You Succeed

This is a good article written by another REALTOR out in Maryland. Our sellers go through most of the same experiences here in the Phoenix area. Check out the  8 Realizations to expect as a Seller here

 

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9 Powerful Feelings You’ll Probably Have When You Sell

Selling a home has its moments of joy and frustration. Here’s your emotional road map.

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5 Common Reasons Why Property Taxes Go Up, No Matter Where You Live

Homeownership is one of life’s great highlights, but ask homeowners about paying property tax and they’ll tell you it’s one of their least favorite responsibilities. But as much of a downer as they are, property taxes are vital for funding schools, libraries, police departments, fire departments, and public works like roads and parks.

5 Common Reasons Why Property Taxes Go Up, No Matter Where You Live

Do you need to appeal your property taxes for this year?

Pinal County

Maricopa County

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