The housing market has gone through a lot of change recently, and much of that was a result of how quickly mortgage rates rose last year. Now, as we move through 2023, there are signs things are finally going to turn around. Home price appreciation is slowing from the recent frenzy, mortgage rates are coming down, inflation is easing, and […]
Cave Creek Real Estate
What It Means To Be in a Sellers’ Market
All over the United States, we keep hearing that we are in a “seller’s market” right now. This holds very true in Scottsdale and Greater Phoenix as there are just not enough homes for sale and demand is very high. If you’ve given even a casual thought to selling your house in the near future, this is […]
Is the Real Estate Market Going to Crash?
When COVID-related shutdowns began in March, real estate brokers and clients scrambled to respond to the shift. Record-low interest rates caused some lenders to call a halt to new underwriting, and homeowners debated whether or not to put their houses on the market. However, those first days of uncertainty ushered in a period of unprecedented […]
How Much Leverage Do Today’s House Sellers Have?
The housing market has been scorching hot over the last twelve months. Buyers and their high demand have far outnumbered sellers and a short supply of houses. The Scottsdale and Greater Phoenix markets are a perfect example of this. Most homes that come onto the market receive multiple offers and go under contract very quickly. […]
Top 5 Home Design Trends for a New Decade
Home Design Trends for 2020 and Beyond Whether you’re planning a simple refresh or a full-scale renovation, it’s important to stay up-to-date on the latest trends in home design. Sellers who make tasteful updates can generate increased buyer interest and, in some cases, a premium selling price. And buyers should consider which features of a […]