Tag Archives: phoenix

Why is our home inventory so low?

The Selling Dilemma by Bay Equity Mortgage Record demand for housing means windfall cash gains for today’s home sellers. Today’s sellers are averaging record returns of $44,000 over what they paid, an increase of 24 percent – and much more … Continue reading

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5 Most Common Home Buyer Regrets

Half of recent home buyers say that if they could repeat the home buying process, they’d do something differently, according to a survey by financial website NerdWallet.com. Respondents indicate that their biggest source of regret when buying a home was not … Continue reading

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Only a Few Bubble Signs Brewing

From our friends at John Burns Consulting, who have been very diligent in their reporting of market conditions over the years: Once again, we have completed our annual housing bubble check-in. Assessing the criteria that 73 industry executives identified in … Continue reading

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Mortgage Rates Hit Lowest Mark of 2017

  MCLEAN, VA–(Marketwired – Apr 13, 2017) – Freddie Mac (FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year mortgage rate dropping for the fourth consecutive week and hitting a new low for 2017. … Continue reading

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In These Markets, You’ll Earn Enough to Cover Rent—and Then Some

Reasonable rent and a solid-paying job? Dream on…right? According to a recent analysis by LinkedIn and Zillow, there are dream markets for renters—if their field of choice is finance, healthcare or technology. The analysis identified markets where renters earn in … Continue reading

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Maricopa AZ Real Estate Market Update for the month ending February 2017

While our inventory of available homes for sale remains at a 2 year low, our buyer activity remains very strong in the area. We have 246 active homes for sale  on the MLS  with 259 homes having an accepted contract … Continue reading

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Advice to all Sellers – Double-check your listing on the MLS for errors!

We were doing a market analysis for a rural property this morning and discovered a very sad fact for a previous owner of the property. The previous owner/seller was unable to sell their home because the listing agent failed at … Continue reading

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Maricopa AZ Real Estate Market Update for the month ending January 2017

We are starting of the year a little slower than this same time last year. We have less listings and fewer pending sales. Buyers continue to be very active, even with fewer homes available for purchase. We have about 3.7 … Continue reading

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Janet Yellen signals March rate hike is possible

Get ready for higher interest rates. Federal Reserve chair Janet Yellen signaled that the next rate hike could come as early as March in her testimony before the U.S. Senate Banking Committee on Tuesday. Video from Money.cnn.com

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What does President Trump mean for housing?

A few of our clients have been asking this question. Yesterday, our local AZCentral.com sent out an article that perfectly covers these answers. Full Article: AZCentral.com What does President Trump mean for housing?  

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