With ongoing high inflation pushing up everyday costs, some people are worried that'll create a flood of foreclosures. Here's why that's unlikely. Fewer people are seriously behind on mortgage payments right now. If foreclosures were going to rise a lot, more people would need to be late on their payments. Since most are paying … [Read more...] about Will There Be A Wave Of Foreclosures?
What is happening in the housing market
This is a mistake young people make in real estate. It's because no one teaches this! Waiting for the right time to buy a home can cost you money. Real estate estate prices go up over time, even when they pull back, so waiting can cost you money in the long run. https://youtube.com/shorts/9DjCY14vknU … [Read more...] about Mistake Young People Make
My whole extended family has been involved with horses in some capacity. I have done 4-H and high school rodeo and my kids have carried on the tradition of 4-H, rodeo, cutting, and reining. We've also built three horse properties from scratch and have been able to learn first-hand what works best. I bring this knowledge to my … [Read more...] about Real Estate and Horse Property Knowledge in Arizona
You might be worried we’re heading for a housing crash, but there are many reasons why this housing market isn’t like the one we saw in 2008. One of which is how lending standards are different today. In 2006 the lending index had gone up to over 850. Today, the story is quite different with an index about 100. Since the crash, … [Read more...] about 2008 vs Today In Real Estate
Attempts to commit deed fraud are becoming more pervasive in Arizona. Read below to learn more about how to protect yourself from this ever happening to you. Red Flags: Unencumbered, vacant land; Vacant parcels owned by the same owner for several years; Non-local owners; Low sales price; … [Read more...] about Deed Fraud/Vacant Land Fraud
Sellers: Some good news...home values increased this month as buyers continued their Spring shopping for a new home. However, we are not in a market like early 2022, and the fluctuation in interest rates is causing instability. You MUST price correctly upfront. Price reductions will be common, staging is expected, repairs will … [Read more...] about Maricopa County Market Update