Ahhh the good 'ole days of 2021 where you could just stick a for sale sign in the yard and the home would sell. Those days are GONE! It's time to start interviewing your Agent to make sure they know how to sell a home in a normal market. This Is How Your Agent SHOULD Be Marketing Your Listing! Professional Photography: Showcasing your home in the best light with high-quality Continue Reading
I Never Go a Week Without Doing This…
I get a lot of questions about what I do all week. It's A LOT more than just showing homes. Consistency is key to delivering top-notch service! Here’s what I make sure to do every single week: Market Research: Staying up-to-date with the latest market trends and property values. Client Check-ins: Keeping open lines of communication with my buyers and sellers. Property Continue Reading
Should you remodel or sell?
Remodel Or Sell 🏡 Unsure whether to remodel or sell? Let me help you decide! 🛠️🏠 🔍Honestly answer the following questions: 1️⃣ Current Market Conditions: Is it a seller's market? 📈 2️⃣ Home Value: Will renovations significantly boost your home's value? 💰 3️⃣ Cost of Remodeling: Do the projected costs fit your budget? 💸 4️⃣ Emotional Attachment: How much do you love your current home Continue Reading
Seller Concessions
Pricing Flatlined With 2022 – October Market Stats
October Market Highlights Median Sale Price is up approximately $4K Month-over-Month Cromford Index Drops to 121 (Weak Seller's Market) Year-over-Year Median Sale Price is down 0.3% Year-over-Year Avg Sale Price is up 6.1% My Two Cents Overall our market is following our typical seasonal patterns. The weather has FINALLY cooled off, bringing back many Continue Reading
Good News for Renters! – Market Update
We have good news for renters this month! The median rent has dropped over 7% in the last 90 days and rental supply (on the MLS) has increased 22% in the same timeframe. This means renters will find more options and slightly better pricing. Does this mean the market is on the verge of a crash? NO! Over the last couple of years we have seen the rise of a new rental concept; entire Continue Reading
Title Fraud is on The Rise
Recent months have shown an uptick in title fraud. Scammers have started preying on those with vacant land and no loans. They pose as the Seller, providing false identification documents to the real estate agent, title, and notaries. They list the land for sale with a reputable real estate broker, sell the property, take the proceeds, and disappear. Many counties are putting together Continue Reading
The Buyer Blip is Over – Market Update
We've all seen the news headlines, we've heard the Goldman Sachs prediction that the AZ real estate market is headed toward a 2008 level "crash". The stats just don't show that. ARE THEY LYING? A little back-story (bear with me for a moment and it will all make sense). One of my favorite college professors taught my statistics course. He would give the entire class the same set of Continue Reading
2022 Ended Where It Started
The start of the New Year tends to bring change and excitement. Our local real estate market is bucking that tradition this year. Instead, we are looking back. The price gains we saw in early 2022 have now evaporated and we are back to 2021 pricing. Not necessarily a bad thing given that many homeowners had been priced out of the market at this same time last year. Our sales volume is Continue Reading
We Officially Hit a Balanced Market
Stats have finally caught up to the reality of the market. As of August we have officially reached a balanced market. The Cromford Index hit 106; a balanced market is 90-110, so we are now in the upper levels of balanced. This is similar to what we experienced in 2018 and 2019 before the craziness ensued. In August we also saw a stabilizing of the inventory. After a few months of sharp Continue Reading
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