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. […]
Scottsdale Real Estate Investment
2021 Housing Forecast [INFOGRAPHIC]
Some Highlights Experts project an optimistic year for the 2021 housing market. With mortgage rates forecasted to remain low, high buyer demand is expected to fuel more home sales and continue to increase home prices. Let’s connect today to determine how to make your best move in the new year.
Are Home Prices Headed Toward Bubble Territory?
Talk of a housing bubble is beginning to crop up as home prices have appreciated at a rapid pace this year. Scottsdale and the Phoenix Valley have certainly experienced this. And this is understandable since the appreciation of residential real estate is well above historic annual averages. According to the Federal Housing Finance Agency (FHFA), annual appreciation since 1991 […]
5 Tips for Homebuyers Who Want to Make a Competitive Offer
If you have been looking for a home in Scottsdale or anywhere in the Valley, you know that our inventory is at historical lows. Multiple offers and homes selling for over list price are common scenarios. Our local real estate market has incredibly high buyer interest and very low housing inventory. With so many buyers competing for a […]
Chances of Another Foreclosure Crisis? “About Zero Percent.”
There seems to be some concern that the 2020 economic downturn will lead to another foreclosure crisis like the one we experienced after the housing crash a little over a decade ago. However, there’s one major difference this time: a robust forbearance program. During the housing crash of 2006-2008, many felt homeowners should be forced to […]