As we say goodbye to 2023 and welcome 2024, it’s the perfect time to look ahead at what the new year holds for the real estate market. This year has been a rollercoaster, with significant trends impacting buyers, sellers, and investors alike. Here’s what you...
We've stepped into the fourth quarter of 2023 – time truly flies! Each year, as we mark our calendars and set our resolutions, it's crucial to remember one thing: the importance of reviewing our real estate portfolio. So, why should you sit down for an...
As you can see in the chart below, list prices peaked in June. We've also seen price reductions double since February. What does this mean for the value of your property? Call me today to chat! 602-329-7782 AVERAGE LIST PRICE PER SQUARE FOOT (Source: Active Listings...
Hello, Friends! I would like to share with everyone the good fortune I had to have been chosen to participate on a panel at the Inman Connect Conference this June! Each year Inman sponsors a national conference where Industry experts from around the world come together to...
Last year, 2020 - the ultimate “June Gloom”. This year, 2021 is bringing us “June Bloom”! See the red demand line in the chart coming down? How about the blue supply line that has just begun to sideways? Historically speaking, summer is a busy season for...
There are different valuations of a home’s worth and you should understand the difference between market value and assessed value. It’s important to understand what your home is worth. Knowing your homes value gives you an idea of how much you could receive if you...
Today, investing in real estate isn’t rocket science. It is pretty simple. Find a home up for sale at an affordable price, buy it, do some renovation works and put it up for sale for a higher price than you bought it when the value...
[caption id="attachment_10938" align="alignright" width="143"] Elise Fay, REALTOR®[/caption] Our last update in December 2015 talked about the strength of the market and we predicted that we would see approximately a 7.5% price appreciation, year over year. So what has happened during this quarter of 2016? So far we...
Another year has come and gone. I hope everyone had a wonderful holiday season and I sincerely wish you and your loved ones a healthy and happy 2016! So what happened in 2015? Here are some market stats: 84,171 homes sold in 2015. 10% increase over 2014 Approx...
Home Prices and the effect of Mortgage Rates Will the recent rise in mortgage interest rates have an effect on the housing market? Well the answer may surprise you. No. There is NO inverse correlation between interest rates and home prices. Historically housing prices have gone up when...