Category Archives: Buyers

October/November Market Report

When purchasing a home, the seller should provide you with disclosures of all pertinent facts about the property.  Don’t stop there…..check the CC&R’s, tax records, City ordinances and any other information you need to make an educated purchase. Contact me for help navigating the home buying process…602-739-0095 CLICK ON PHOTO FOR UPDATED DISCLOSURE INFO

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Are we headed for another bubble in the Real Estate Market?  Is Real Estate still a good investment?  Check out the latest information to help you decide if this is a good time to Buy a Home… For the latest Real Estate Information contact me at 602-739-0095

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Rates go Down, but Things are Looking Up

  Fannie Mae and Freddie Mac backed mortgages are hitting a 15-year high, according to the July 2017 Housing Finance at a Glance Monthly Chartbook recently released by Urban Institute. The share from 2007 to 2013 was approximately 40 percent, but Q1 2017 is reflecting an increase to 47.8 percent. This is one of the […]

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Renters are Looking Older these Days

Rental applicants tend to conjure up images of recent college grads looking to start their life in the real world. But Millennials are facing increased competition from people who have already spent decades in adulthood, and may have better credit and higher income. Since 2005, there has been an uptick in renters, with people in […]

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INCREDIBLE NEW LISTING IN CAVE CREEK

This incredible 5863sf estate sits on 4+acres with mountain views and boasts 5 bedrooms & 6 1/2 baths including an attached guest casita with it’s own entrance.  What makes this home unique, aside from the high end finishes and comfortable floorplan, are the multiple garages which can hold up to 12 cars, including a 2 […]

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Another Rate Hike in the Future???

Many in the mortgage industry were anxiously waiting to view the results of the final jobs report of 2015 to see if the Federal Reserve was on track with the timing of its long-awaited December rate hike or if the central bank acted too quickly. The Bureau of Labor Statistics (BLS) reported better-than-expected job gains […]

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Why new slow-it-down mortgage rules may be a good thing…

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Catherine Reagor, The Republic | azcentral.com 1:28 p.m. MST October 8, 2015 If you are looking for a house now, it’s likely going to take a little longer to get a mortgage to buy it. The expected delay is due to a new federal rule that’s supposed to give consumers more protection when they are making one of their […]

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TRID: Into the Great Unknown

Amid all the consternation about the looming TILA-RESPA Integrated Disclosure (TRID) Rule effective date of October 3, one analyst believes that the biggest unknown about TRID is just that—unknown. Until October 3, buyers will use the HUD-1 Settlement Statement containing a good faith estimate for closing the loan that has been in use for 40 years; […]

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Housing Experienced a Supply and Demand Conflict in May

The housing market experience experienced a “conflict” between supply and demand in May as increased home values resulted in sales, which subsequently increased supply – but at the same time, lack of affordability and economic uncertainty reduced demand, according to First American Chief Economist Mark Fleming. The market capacity for existing-home sales increased by 0.3 […]

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Pending Home Sales Rise to Highest Level in Nine Years

The National Association of Realtors (NAR) recently reported in their Pending Home Sales Index (PHSI) that, pending home sales increased in April for the fourth consecutive month and reached their highest peak in nine years. All four major regions saw growth in April, led by the Northeast and Midwest. “The steady gains in contract activity […]

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