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Year End 2017 Stats for Arizona Real Estate and Projection for 2018

I have been watching for this every day and it is finally here. Tons of information and if you plan on doing anything with real estate this year, you will probably want to read it all. Excellent job done by Tom For Arizona Regional Multiple Listing Service. This report is based on facts, the stuff […]

Veterans Affairs Loans by the Numbers

= Veterans Affairs Loans by the Numbers [INFOGRAPHIC] Some Highlights: Since the creation of the VA Home Loans Program, 22 million veterans have been able to achieve the American Dream of homeownership. So far in 2017, $188 billion has been loaned to veterans and their families through the program. VA Purchase Loans are on the […]

Net Worth of Homeowners 44X Greater than Renters

Net Worth of Homeowners 44X Greater than Renters Every three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey data, covering 2013-2016 was released two weeks ago. The study revealed that the 2016 median net worth of homeowners was $231,400 – a 15% increase since 2013. At the […]


BUYER CAN’T “BLACKMAIL” SELLER WITH EARNEST MONEY By Christopher Combs \ Buyer Can’t “Blackmail” Seller With Earnest Money   Question: On the day of the closing of the sale of our Peoria home, the buyer refused without any reason to sign the closing documents, even after we gave the buyer the required three-day cure period notice. We […]

How to Get the Most Money from the Sale of Your Home

How to Get the Most Money from the Sale of Your Home Every homeowner wants to make sure they maximize their financial reward when selling their home. But how do you guarantee that you receive maximum value for your house? Here are two keys to ensure that you get the highest price possible. 1. Price […]

93.9% Of Homes in The US Have Positive Equity

93.9% Of Homes in The US Have Positive Equity CoreLogic’s latest Equity Report revealed that ninety-one thousand residential properties regained positive equity in Q1 2017. The outlook for 2017 remains positive as well, as an additional 600 thousand properties will regain equity if home prices rise another 5% this year. The study also revealed that: Roughly 63% of […]

Buyer Demand Continues Outpacing the Supply of Homes for Sale

Buyer Demand Continues Outpacing the Supply of Homes for Sale The price of any item is determined by the supply of that item, as well as the market demand. Buyer Demand Continues Outpacing the Supply of Homes for Sale The National Association of REALTORS (NAR) surveys “over 50,000 real estate practitioners about their expectations for home sales, prices and […]

RSS Simplifying the Market™

  • Freddie Mac: Rising Mortgage Rates DO NOT Lead to Falling Home Prices
    Recently, Freddie Mac published an Insight Report titled Nowhere to go but up? How increasing mortgage rates could affect housing. The report focused on the impact the projected rise in mortgage rates might have on the housing market this year. Many believe that an increase in mortgage rates will cause a slowdown in purchases which […]
  • Is a Major Home Renovation Worth It in the Long Run?
    Last week, we shared “7 Factors To Consider When Choosing A Home To Retire In.” For some homeowners, these seven factors can be taken into account with a home renovation, but is it worth it to remodel or change floor plans? Let’s look at this example. Let’s say you have a 4-bedroom colonial style home […]
  • Are You Aware of How Much Equity You Have in Your Home? You May Be Surprised!
    CoreLogic’s latest Equity Report revealed that 675,000 US homeowners regained positive equity in their homes in 2017. This is great news for the country, as 95.1% of all mortgaged properties are now in a positive equity situation. “U.S homeowners with mortgages (roughly 63% of all the properties) have seen their equity increase by a total of $908.4 billion […]
  • Dreaming of a Luxury Home? Now’s the Time!
    If your house no longer fits your needs and you are planning on buying a luxury home, now is a great time to do so! Recently, the Institute for Luxury Home Marketing released its Luxury Market Report which showed that in today’s premium home market, buyers are in control. The inventory of homes for sale […]
  • The Cost of Waiting: Interest Rates Edition [INFOGRAPHIC]
    Some Highlights: Interest rates are projected to increase steadily heading into 2019. The higher your interest rate, the more money you end up paying for your home and the higher your monthly payment will be. Rates are still low right now. Don’t wait until rates hit 5% to start searching for your dream home!
  • Moving up Is MORE Affordable Now Than Almost Any Other Time in 40 Years
    If you are considering selling your current home, to either move up to a larger home or into a home in an area that better suits your current family needs, great news was just revealed. Last week, Trulia posted a blog, Not Your Father’s Housing Market, which examined home affordability over the last 40+ years […]
  • 7 Factors to Consider When Choosing A Home to Retire In
    As more and more baby boomers enter retirement age, the question of whether or not to sell their homes and move will become a hot topic. In today’s housing market climate, with low available inventory in the starter and trade-up home categories, it makes sense to evaluate your home’s ability to adapt to your needs […]
  • You Can Save for a Down Payment Faster Than You Think!
    Saving for a down payment is often the biggest hurdle for a first-time homebuyer. Depending on where you live, median income, median rents, and home prices all vary. So, we set out to find out how long it would take to save for a down payment in each state. Using data from the United States […]