Phoenix Area Real Estate News & Market Trends

You’ll find our blog to be a wealth of information, covering everything from local market statistics and home values to community happenings. That’s because we care about the community and want to help you find your place in it. Please reach out if you have any questions at all. We’d love to talk with you!

Dec. 1, 2023

Building Success Together, Thanks To Your Referrals

 

We would be honored and very thankful if you would refer us.

When we're not helping our amazing clients with their real estate goals, we’re on the American Dream Show, where we thrive on bringing you insightful discussions about real estate, lifestyle, and culture. Today, we want to take a moment to express our sincere gratitude for the privilege of serving your real estate needs.

Our passion lies in helping individuals find their dream homes and ensuring a seamless selling process. We recognize that our success is fueled by the support and referrals from amazing clients like you. Your trust in our services has been the cornerstone of our business, and for that, we are truly thankful.

 

"Thank you for your unwavering support."

As we continue on this exciting journey, we extend a special request to you. If you have friends, family members, or colleagues who are considering buying or selling a home, we would be honored to provide them with the same exceptional service you've experienced with us. Referrals are the greatest compliment we can receive, and they play a crucial role in our continued success.

Think of us when someone in your network needs real estate advice. We promise to bring the same passion and expertise to them as we do to our viewers on the American Dream Show. Your referrals are as essential to us as viewership is to a TV show.

If you have any questions about the market or real estate in general, You can reach out to us by replying to this video, giving us a call, sending a text, or shooting us an email. You can also click this link to submit a contact request. Every referral means the world to us, and we assure you that we will take exceptional care of them. We eagerly anticipate the opportunity to assist you and your referrals in finding their perfect homes.

Posted in Team
Nov. 16, 2023

We’re Grateful for You This Thanksgiving!

 

This year and every year, we’re thankful for you in our lives.

As Thanksgiving approaches, we find ourselves reflecting on the countless blessings this year has brought us. It's a time to express gratitude, and today, we're eager to share ours with you, our valued clients, friends, and family.

A Token of Our Gratitude: First and foremost, we are deeply thankful for the health and well-being that we've enjoyed this year. It's a gift that we never take for granted, especially considering the challenges we've all faced recently. Your continuous support, trust, and referrals have been the cornerstone of our success, and for this, we are immensely grateful.

Celebrating New Milestones: An exciting development this year has been our involvement with the "American Dream TV" show. For those who may not know, this national, Emmy-nominated show has been a fantastic platform for us. It has not only heightened our exposure on a national level but has also been instrumental in directly benefiting our clients. Plus, we can't deny—it's been a lot of fun!

A Special Thanksgiving Message from Ben: He extends his Thanksgiving wishes to you all:

"We have so much to be thankful for this year!" Ben says. He's grateful for the wonderful year we've had and is excited about what the future holds. He also mentions a recent positive turn in the market - the lower interest rates, which have been a welcome change."

Our Commitment to You: Your trust in us, in guiding you and your loved ones in your real estate endeavors, means the world to us. We wouldn't be where we are today without your unwavering support. So, once again, thank you! And don't forget, amidst the Thanksgiving festivities, to enjoy the feast (but maybe not too much!).

Stay Connected: If you have any questions about the real estate market or need general advice, don't hesitate to reach out. You can contact us via phone, email, or by clicking this link to submit a contact request. We're always here to assist you and look forward to hearing from you soon.

Conclusion: Wishing you a wonderful Thanksgiving filled with joy and gratitude. Here's to a fantastic end to 2023 and an even more prosperous 2024!

Posted in Team
Oct. 9, 2023

Get Top Dollar for Your Home: Here’s What Not To Fix Before Selling

 

Sharing three projects you shouldn’t take on when preparing to sell.

 

When preparing to sell your house, you need to make sure it’s appealing to potential buyers. Many homeowners rush to fix every little flaw, thinking it will boost their property's value, but not every improvement will yield a significant return on investment. To help you avoid the ones that aren’t worthwhile, here are the top three things you should avoid fixing when getting your house ready to sell:

 

1. Minor HVAC, electrical, and plumbing issues. While well-maintained and fully functional systems are crucial for any home, addressing minor issues in these areas may not be the best use of your resources. Major problems that could significantly impact the home's livability and safety should be fixed, but minor issues are usually better left for the buyer to handle.

 

"When selling a house, it's crucial to prioritize your efforts and investments wisely."

 

2. Old appliances and windows. It's not uncommon for homeowners to believe that installing new appliances and windows will make their homes more appealing to buyers. However, this is not always the case. Homebuyers often have specific preferences, plus these pieces can be expensive. If your existing appliances and windows are still in decent condition, buyers may not see the value in replacing them with newer models, especially if they are already energy-efficient.

 

3. Partial room upgrades. Giving a room a partial upgrade can lead to an inconsistent look and feel throughout the house. Plus, it might make buyers question the overall quality of the home and create doubts about the other areas that weren’t improved. For example, replacing the kitchen countertops but not the cabinets can create an imbalanced appearance. Similarly, changing the faucet in a bathroom but not the worn-out tiles can make the space look disjointed. Those small changes will just be a waste of time and money.

 

When selling a house, it's crucial to prioritize your efforts and investments wisely. While preparing a home for sale is essential, fixing certain issues might not offer a significant return on investment or could be better handled by the buyer. If in doubt, feel free to reach out to us by phone call or email. We can offer valuable insights and would be honored to help you!

What's your Arizona home worth?

Are you thinking about selling your home? We can

help you get an accurate home valuation based on

current market trends.

 

Posted in Selling
Sept. 11, 2023

3 Things You Must Absolutely Know Before Selling Your Home

 

Here are three essential tips homeowners need to know before selling.

 

Are you looking to sell your home in the near future? If you are, you need a plan to get the most money possible for your home while ensuring a smooth sale. As real estate agents, we help people buy and sell houses every single day, so we know what it takes to get top dollar for your property. Here are three things you absolutely need to know before you list your home:

 

1. Find the perfect price. Pricing can make or break a deal. It's like finding the perfect balance between attracting potential buyers and maximizing your profits. To find the best price for your home, lean on your agent to find comparable homes that have sold recently, analyze the market, and factor in market trends. Remember, setting an inflated price can turn buyers away, while pricing too low might make you lose out on some well-deserved cash. It's all about finding that sweet spot.

 

2. Master your curb appeal. First impressions matter, and when it comes to selling your house, curb appeal can make a world of difference. Think about it—when you're driving through a neighborhood, don't you gravitate towards homes that catch your eye? You want potential buyers to fall in love with your property from the moment they lay eyes on it. So, invest some time and effort in sprucing up the exterior. A fresh coat of paint, a well-maintained lawn, and some tasteful landscaping can work wonders. Remember, you want your house to stand out for all the right reasons and create a lasting impression.

 

"First impressions matter in real estate."

 

3. Be upfront about potential issues. Honesty is key when selling a house. You must disclose any known issues or defects to potential buyers. It’s tempting to hide certain things to make your house seem more appealing, but this can lead to serious legal troubles down the road. Be transparent about any past or current problems your property may have. It's better to address them upfront rather than dealing with unhappy buyers later on. Remember, a solid foundation of trust and transparency will help you close the deal smoothly and with a clear conscience.

 

Overall, the best course of action is to work with an experienced agent who knows these strategies and more. If you’d like more tips on how to ensure a smooth home sale, just call or email. Make it a great day!

What's your Arizona home worth?

Are you thinking about selling your home? We can

help you get an accurate home valuation based on

current market trends.

 

Posted in Selling
Aug. 28, 2023

3 Secrets To Successful Home Staging: Elevate Your Property's Value

 

Here are three ways you can use staging to unlock your home’s potential.

 

When it comes to selling your home, first impressions matter. Properly staging your home can significantly impact its perceived value and attract potential buyers. By strategically arranging and presenting your space, you can create an inviting atmosphere that resonates with prospective buyers and boosts your home's selling price. To help with this, we're sharing three key tips for staging your home to maximize its appeal and increase its market value:

 

1. Declutter and depersonalize. Remove any excessive personal items, family photographs, and collectibles. Streamline the décor to create a neutral canvas that allows potential buyers to envision themselves living in the space. Minimizing clutter not only helps showcase the home's features but also creates a sense of spaciousness and cleanliness. Consider donating or storing unnecessary items to open up the rooms and make them feel more inviting.

 

2. Highlight key features. Identify the unique selling points of your property and ensure they are showcased effectively. Whether it's a beautiful fireplace, a spacious kitchen, or a stunning view, draw attention to these standout elements. Arrange furniture and accessories to enhance these features and create focal points within each room. Proper lighting can also play a significant role in highlighting architectural details and creating a warm ambiance. Use a combination of natural and artificial lighting to maximize the appeal of your home's key areas.

 

"Properly staging your home can significantly impact its perceived value."

 

3. Create a warm and inviting atmosphere. Potential buyers should feel welcomed and instantly at ease when they step into your home. Pay attention to the overall ambiance and create a warm and inviting atmosphere. Consider adding fresh flowers or indoor plants to bring life and vibrancy to the space. Utilize soft, neutral-colored furnishings and décor to create a sense of comfort. Avoid scented candles and plug-ins. Thoughtful touches such as fresh linens, or a cozy reading nook can evoke positive emotions and leave a lasting impression on buyers.

 

Staging your home effectively is a proven strategy to increase its selling price and attract potential buyers. Plus, it accelerates the selling process. Invest time and effort in staging and you'll be well on your way to a successful sale.

 

If you have any questions about how to stage your home to boost its price or real estate in general, please don’t hesitate to reach out to us by phone or email. We are happy to serve as your resource for all of your real estate needs.

 

 

 

 

Start your search for investment properties here with Our Direct MLS Listing Feed   

View Now! 

 

 

 

Posted in Selling
July 21, 2023

What Are the Signs of Deed Fraud? Learn How To Safeguard Your Home Today

 

Explaining deed fraud and how homeowners could be in danger.

What is deed fraud and what can you do about it? Deed fraud is also referred to as title fraud. It takes place when a criminal forges the owner's signature for a property and illegally transfers a title without the homeowner's knowledge. In many cases, the criminal quickly sells the home and takes off with the homeowner’s money. Many of the homes targeted are vacant, but some are rentals or homes where someone has passed away.

Once the deed to the house is recorded in the scammer's name, they can do several things, including selling it to a legitimate buyer and then taking off with your money. If you're living in a house that's heavily mortgaged, this is much less likely to happen because a criminal either needs to sell the property or obtain a loan against the property. That is much more difficult to do when the home is occupied and heavily mortgaged.

We’re also here to share three signs that you may be a victim of deed fraud. One is if there are unpaid bills or mortgages that you don't recognize on a property. The second is that there are signs of people living in a vacant property that you own. The third is if utility bills have been changed or transferred.

Then how can you protect your home against deed fraud? First, check the status of your property deed and make sure it's in your name. Secondly, set up free title-alert monitoring. You can also monitor your credit reports for signs of identity theft. Then, make sure you pay attention to incoming bills and monitor the occupancy status of any vacant properties that you have. Finally, be sure to obtain title insurance whenever you buy a home.

"You can have peace of mind with title alert monitoring."

In addition, what can you do if you're a victim of deed fraud? Start by reporting the suspected fraud to the Arizona Attorney General's office. You're going to need to hire an attorney to file the documents to correct it. Also, since it involves identity theft, that will need to be addressed.

Then what about insurance? You can buy insurance, but it's only going to come into play after you're a victim of fraud—it's not insurance that stops fraud from happening. If you decide you're going to get insurance, be aware that it won't likely help when a property is in the name of someone other than yourself, like a parent, a grandparent, a trust, an LLC, or an estate. Check with your insurance broker to be sure.

There's nothing to prevent deed fraud from happening, but with title alert monitoring, you can be notified any time a document is recorded that contains the names you have on file with the recorder's office. Our team leader, Randy Lewis set up a title alert monitoring for himself and his family members. Last week, he received a title alert notification of a recorded document with his name on it. It turned out to be another Randy Lewis, but he did have peace of mind receiving the notification. Now we know the system works.

If you want more information, click these links to find out more information about free title alert monitoring and the Arizona Attorney General's office. If you have any questions about the market or real estate in general, don’t hesitate to reach out by phone call, email, or click this link to submit a contact request. We look forward to hearing from you soon.

 

 

 

 

Looking to Buy a Home?

 

 

Search Arizona homes for sale

 

Use our full MLS search with virtual tours, directions to 

listings, schools, and more all on an interactive map with

detailed listing information.

 

 

Posted in Homeowner Tips
June 30, 2023

This Is How You Win With a Home-Sale Contingency

 

Tips to help you buy your dream home contingent on selling your old house.

 

Do you already own a home but want to buy a new one? Unfortunately, not everyone has the money to keep two homes and pay both mortgages. Most people will have to sell their current property to have the funds to pay for the new house. However, two transactions can sometimes mean double the headache. If you're in this position, what can you do to ensure a successful home purchase?

 

One option that you have is to include a home-sale contingency clause in your offer. This means you will only buy the new home if your current one sells. If it doesn’t, you are free to walk out of the purchase agreement. However, home-sale contingencies can make your offer less attractive to sellers because it introduces uncertainty, may cause delays, and has the potential to make the deal fall through.

 

"Working with an experienced agent can instill confidence in the seller that your home will sell on the market."

 

To make your offer more appealing, consider presenting a competitive purchase price or better terms. You need to work to make your offer worth their while. You could cover some of the seller's closing costs, or provide a larger earnest money deposit. By demonstrating your commitment to the transaction, you can help the seller feel more comfortable waiting for your home to sell.

 

If you're feeling uncertain about how to navigate the process, work with a real estate professional who has a proven track record of quickly selling homes. They can guide you through the complexities of a home-sale contingency and offer valuable advice on how to make a competitive offer. In addition, working with an experienced agent can help instill confidence in the seller that your home will sell on the market.

 

Buying a house contingent on selling yours can be a challenging experience, but with the right strategy and support, it can also be successful. For more tips on how you can confidently navigate this real estate move, call or email us. We’d love to connect with you.

 

 

 

 

 

 

Start your search for investment properties here with Our Direct MLS Listing Feed   

View Now! 

 

 

 

Posted in Buying
June 12, 2023

How To Make Money by Investing in Arizona Real Estate

 

Three avenues you can take to make money with real estate investing.

 

How much do you know about the power of investing in real estate? The truth is that this avenue can be very lucrative and help you build long-term wealth. However, know upfront that this type of investing is much more about the long game, and you’ll need to be patient. The sooner you start, the more you can earn.

 

Over the years, people have gotten their start in real estate investing in various ways. However you begin investing, know that the initial work is worth it.

 

There are a thousand different ways you can fund your investment properties; you just need to get your start. Be educated on the industry, then begin because, as we said, the sooner you start, the better. Once you decide to invest, there are three main ways you can take your investment:

 

1. Buy and hold. This strategy is widely regarded as the traditional and secure approach in real estate investment. By employing this method, investors can enjoy a steady cash flow while benefiting from the long-term appreciation that naturally occurs within the market. As the property's value increases over time, individuals can accumulate equity effortlessly, simply by patiently awaiting its growth.

 

"Throughout our involvement, we have consistently observed appreciative growth in every property we have been associated with over the years."

 

2. Flipping. This method requires more work, but you can buy a fixer-upper property that has high-return potential, then take the time to fix it up. Once it's in better condition, you can sell it for much more than what you bought it for. You just have to know how to get the renovations done and ensure profit.

 

3. Short- or long-term rentals. You can buy a property and have a tenant in it for a year or more or focus on short-term rentals on sites like Airbnb or Vrbo. These are mainly for vacation rentals and are best in tourist destinations. You’ll just need to know the laws of the area and put in the work to be the landlord.

 

"Investing in real estate can be very lucrative; you just need to be patient."

 

Whatever you decide to do, just make sure to be educated and not do it alone. This was just a short crash course, but we would be happy to share our knowledge and help you through the process of building wealth through investing in real estate.

 

Call or email us anytime if you want our help or have any questions. We look forward to helping you start or continue your real estate investment journey.

 

 

 

 

 

Start your search for investment properties here with Our Direct MLS Listing Feed   

View Now! 

 

 

 

Posted in Investing
May 26, 2023

A Seller's Guide to Home Sale Documentation

 

Selling a home requires a ton of paperwork, so make sure you’re prepared.

 

Are you looking to sell a home? At times, it may seem like you are adrift on an endless sea of paperwork. So many documents are required during the sale of a home that it can be confusing and worrisome. It’s easy to become overwhelmed, which is why we've put together this brief primer to help you navigate the process. This isn’t an exhaustive list of all the documents you might need during a sale, but it should help you get the ball rolling.

 

1. Pre-listing paperwork. Your agent should help you through this to ease the uncertainty. Put simply, this is when you need to gather documentation for your ownership of the property and any changes you’ve made. This might include things like a CLUE report, receipts and other documents for recent improvements, warranties, other information regarding your appliances, and any records relating to an HOA or other agreements. The disclosures and documentation required by a seller can vary widely depending on your specific situation and location, so be sure to connect with trusted, local real estate agents like us to help you with gathering these documents.

 

"The right agent can help you identify, find, generate, or apply for all of the necessary documents."

 

2. Listing paperwork. This one is a lot easier for the homeowner. This will include things like disclosure paperwork, HOA details, and a listing agreement. Much of this paperwork should have been gathered before listing, and much of it will be the responsibility of your real estate agent. Be sure to work closely with your agent to make sure that you have all of the necessary documents.

 

3. The offer and closing paperwork. This is another step in the process that is heavy on documentation. Much of it will be included in the prior steps, but you’ll also need new things like the purchase offer, appraisals, and inspections. You’ll already have some of this paperwork, you’ll receive some of it during the selling process, and other parts will be generated by your real estate agent and the mortgage companies. The most important things you’ll want to have on hand during this process are your identification and the deed to the home.

 

As I said before, this is not a complete list of the paperwork you’ll need. Plus, your specific city, county, and state might have different requirements. If you’re feeling overwhelmed, remember that this is why you need trusted, local real estate agents like us on your side. We’re experts in the buying and selling process, and we can help you identify, find, generate, or apply for all of the necessary documents that you will need for your specific sale.

 

Although you are responsible for providing the information and disclosures, a service-oriented agent or team can help guide you through the process to ease your mind and minimize the risks associated with selling a property in Arizona.

 

If you’re getting ready to sail the sea of paperwork required for a successful home sale, reach out to us. Call or email us anytime, as we are here to help you with all of your real estate needs.

 

 

 

Looking to Sell Your Home?

 

 

What's your Arizona home worth?

 

Are you thinking about selling your home? We can

help you get an accurate home valuation based on

current market trends.

 

 

Posted in Selling
May 5, 2023

The 3 Main Areas Home Inspectors Have To Check

 

The three areas that inspectors typically check during home inspections.

 

Do you know what things a home inspector looks for when they visit a property? Home inspectors will investigate every nook and cranny from the foundation to the roof to find anything that might affect the property’s value. Here are the main things that they will check:

 

1. Roof. Inspectors look for leaks, damaged or missing shingles, and signs of moisture. They also look for any problems with the flashing, gutters, vents, attic ventilation, and skylights, if your home has them. Make sure everything is watertight to avoid any major issues.

 

"Home inspections reveal the current condition of the home."

 

2. Structure. The foundation of the home should be solid and be able to stand the test of time. The inspector will usually check for cracks in the foundation or water damage to the siding or supports, and visible damage or defect in the trusses.

 

3. Systems. The HVAC, filtration, plumbing, and electrical systems will all be thoroughly inspected to make sure they are all working properly and have no safety compromises. If they’re damaged or faulty, you should find out how much it costs to repair or replace them.

 

Depending on the condition of the home, this can be a scary report, but take note of these areas and keep them in working order because the results of the inspection can influence your final price. Your Realtor is also there to help you understand the report and negotiate any repairs. If you have any questions, feel free to reach out to me by phone or email. I look forward to hearing from you!

 

 

Looking to Sell Your Home?

 

 

What's your Arizona home worth?

 

Are you thinking about selling your home? We can

help you get an accurate home valuation based on

current market trends.

 

Posted in Selling