“If you are planning to buy a home in the next year, it’s better to do it sooner rather than later,” Frank Nothaft, Freddie Mac’s chief economist, said in a recent video commentary. With 30-year mortgages dipping below 4%, buyers are in a strong position to afford more home than they could 10 years ago. Think of it this way, … [Read more...]
Buy a Home Today and Save $135,000 Towards Retirement!
How to Prevent a Housing Affordability Crisis
The American Enterprise Institute recently reported that the risk of mortgage defaults under stressful economic conditions hit an all-time high in April. Their research indicates that almost 12% of all mortgages could be at risk of default in the event of another economic downturn. When we look at the type of loan issued, 25.12% … [Read more...]
Today’s Market: How To Sell Faster & For More Money
The market has changed and for sale signs are once again popping up all over the place. With housing inventories in the Phoenix market increasing, sellers need to do more to get their property ready for sale. By making a modest investment in the following items, sellers can help their agent sell their home faster and for more … [Read more...]
How Long Will A Short Sale Take For Sellers And Buyers
Short sales remain a major factor in the Phoenix metro real estate market. While there are stark differences between a short sale and a traditional transaction, short sales will continue to provide opportunities for both buyers and sellers in the foreseeable future. One of the biggest differences is the timeframe that it takes … [Read more...]
Why Have A Home Inspection On The New Home You’re About To Buy
Almost without a doubt, every Realtor® in the Phoenix market would recommend that their buying clients hire a professional inspection company to help determine the condition of a property during their inspection period. There are many factors to consider when purchasing a property and a competent inspector can often bridge the … [Read more...]
