Arizona March Real Estate Activity-The Real Story

I always like to share my favorite publication on local real estate. This is all facts based on what actually happened and performed by actual licensed real estate agents. I hope you enjoy as much as I do.Arizona March Real Estate Activity-The Real Story | Please feel free to contact me with any questions. COMMENTARY […]

Rent or Buy: Either Way You’re Paying A Mortgage

Rent or Buy: Either Way You’re Paying A Mortgage There are some renters that have not yet purchased a home because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with your parents rent free, you are paying a mortgage – either your mortgage or your […]

Sales Contracts Hit Highest Level in Months

Sales Contracts Hit Highest Level in Months Tuesday March 29th, 2016 First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers SHARE THIS POST: The National Association of Realtors (NAR) just announced that the February Pending Home Sales Index reached its highest reading since July 2015. What is the Pending Home Sales […]

How to get rid of Noisy Neighbors

How to get rid of Noisy Neighbors March 27, 2016 – Arizona Republic Article By: Chris Combs Question: We live in a townhouse community in Scottsdale where there is a common wall between town homes. The problem is that our neighbors are always drinking and partying late at night which keeps us awake. The CC&Rs […]

Change in FIRPTA Withholding from 10% to 15%

Change in FIRPTA Withholding from 10% to 15% March 23, 2016 – CGM Article By: Alexandra Elliott Under the Foreign Investment in Real Property Tax Act (“FIRPTA”) the sale of United States real property owned by a non-resident alien is now subject to 15% withholding (10% for dispositions before February 17, 2016). Why a withholding? […]

The Importance of Using an Agent To Sell Your House

The Importance of Using an Agent To Sell Your House Monday March 21st, 2016 First Time Home Buyers, For Buyers, Move-Up Buyers SHARE THIS POST: When a homeowner decides to sell their house, they obviously want the best possible price with the least amount of hassles. However, for the vast majority of sellers, the most […]

Real Estate: 2016 Will Be the Best Year in a Decade

Wednesday April 6th, 2016 First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers SHARE THIS POST: A few weeks ago, Jonathan Smoke, the Chief Economist at realtor.com, exclaimed: “All indicators point to this spring being the busiest since 2006.” Real Estate: 2016 Will Be the Best Year in a Decade Now, […]

Verbal Agreement to Build a Home is OK

Verbal Agreement to Build a Home is OK March 20, 2016 – Arizona Republic Article By: Chris Combs Question: In a recent column you said that, if the owner of a lot verbally agrees with a homebuilder to have a home built on the lot, this verbal agreement is enforceable. I am a licensed real […]

RSS Simplifying the Market™

  • Housing Inventory Disappearing
    The price of any item is determined by the supply of that item, and the market demand. The National Association of Realtors (NAR) recently released their latest Existing Home Sales Report which gives insight into today’s market conditions.
  • Billionaire: Buy a Home… And if You Can, Buy a Second Home!
    Three years ago, John Paulson gave a keynote address at the CNBC/Institutional Investor Conference. In his speech, he told those in attendance that he believes housing will continue its strong recovery for the next 4 to 7 years, saying that:
  • Investment Home Sales Rebound in 2015 [INFOGRAPHIC]
    Some Highlights: 2015 marks the first year-over-year increase in investment home sales since 2011. 62% of all investment homes purchased were single family homes. The South saw the highest percentage of investment home sales (39%) with the West coming in second (28%).
  • Investors: More Sales and Higher Prices
    The National Association of Realtors recently released their 2016 Investment and Vacation Home Buyers Survey. The survey revealed many characteristics of both vacation home purchasers and investors. Two weeks ago, we posted on the vacation home market. Today, we want to concentrate on the investor real estate market.
  • Homes Continue to Sell Quickly Nationwide
    The National Association of Realtors (NAR) recently released their latest Existing Home Sales Report, which revealed that homes were on the market for an average of 47 days in March. This is a decrease from the 59 days reported in February, as well as the 52 days reported back in March 2015.
  • One More Time… You Do Not Need 20% Down To Buy NOW
    A survey by Ipsos found that the American public is still somewhat confused about what is actually necessary to qualify for a home mortgage loan in today’s housing market. The study pointed out two major misconceptions that we want to address today. 
  • Selling Your Home? Make Sure the Price Is Right!
    In today’s market, where demand is outpacing supply in many regions of the country, pricing a house is one of the biggest challenges real estate professionals face. Sellers often want to price their home higher than recommended, and many agents go along with the idea to keep their clients happy. However, the best agents realize […]
  • New Home Buyers Look For Green Options [INFOGRAPHIC]
    Some Highlights: 11% of new homebuyers stated energy efficient features as the reason for their purchase. The most popular remodeling projects done for energy efficiency were insulation upgrades, HVAC replacements, and vinyl & wood window installations. Research shows that word preference does make a difference when it comes to attracting green buyers.