Giving Thanks - No Shortage of Reasons to Be Thankful This Holiday SeasonAs we kick off the holiday season, it’s that time of year when people gather together and give thanks for all they have. While the hustle and bustle of the season may have you feeling frazzled—especially if your home is on the market—it’s important to take a step back and remember that there’s still plenty to be thankful Continue Reading
Archives for November 2013
Arizona Real Estate: Supply Building, Demand Falling
The change in market balance accelerated during October reaching a shocking pace we almost never see. Only in the second half of 2005 have we seen demand drop at this exceptional speed. Those who think this is just a seasonal effect are mistaken. Demand has been falling dramatically for the past 3 months and October saw that rate increase rather than moderate. The market is already in the balanced Continue Reading
THANKSGIVING 2013 HOLIDAY FACT!
Long before the Pilgrims, native Hawaiians celebrated the longest thanksgiving in the world—Makahiki,which lasted four months, from November through February. Thanksgiving is an amalgam of different traditions, including ancient harvest festivals and the changing ideological assumptions of Native Americans. Abraham Lincolnwas finally convinced to declare Thanksgiving a Continue Reading
Resurgent Housing Sector’ to Lead 2014 Economic Recovery
'Resurgent Housing Sector' to Lead 2014 Economic RecoveryDAILY REAL ESTATE NEWS | WEDNESDAY, NOVEMBER 20, 2013Mortgage giant Freddie Mac is expecting a good 2014 for housing. Economists predict a much stronger economic recovery will take hold next year, “led by a resurgent housing sector,” according toFreddie Mac’s November U.S. Economic & Housing Market Outlook report. Despite rising interesting Continue Reading
Is Apple Coming to Arizona?
Tech giant Apple Inc. is opening a new manufacturing facility in Mesa that will bring in 700 jobs, according to a statement from Gov. Jan Brewer and the Arizona Commerce Authority.Apple Inc. purchased the former First Solar factory in Mesa with plans to partner with GT Advanced Technologies on manufacturing operations. The move is expected to bring 700 permanent jobs along with 1,300 construction Continue Reading
Choosing the Right Trees for Your Yard
One generation plants a tree in whose shade another generation rests,” says an old proverb. In addition to shade, a lush, healthy tree may add character to your yard and boost your property value. You have plenty of options when choosing a tree, and the following tips can help you make a wise decision that will shade the generations to come. Before heading to the nursery, do your Continue Reading
NAR: Price Gains, Not Sales, to Drive Housing GrowthDaily Real Estate News | Monday, November 11, 2013 The dollar volume of home sales will rise modestly next year, but that growth will stem entirely from increased home prices, NAR Chief Economist Lawrence Yun told a packed forum Friday at the REALTORS® Conference & Expo.Continuing tight underwriting by lenders, low inventories in Continue Reading
Home lending headed for big drop in 2014
A large mortgage industry group is predicting home lending to take a sizable drop in 2014.In a statement this week, the Mortgage Bankers Association projected that the volume of all new mortgages written in 2014 will dive by nearly one-third, from $1.75 trillion this year to $1.19 trillion next year.What will be responsible for the decline are mortgage refinacings, which have already been dropping Continue Reading
Creating a Harmonious and Productive Workplace
The world is full of different personalities. If we were all the same, there would be an enormous deficit of talent and diversity. Of course, it sometimes takes effort for different personality types to understand each other. The following tips may help you and your team find a greater degree of harmony in the workplace. Communicate: Harmonious relationships begin with healthy Continue Reading
Should Home Buyers Wait For Interest Rates To Move Back Down?
As we sit right now, 30 year fixed mortgage rates sit at levels which put them near two year highs. With that perspective, many potential new homeowners are wondering if they should wait for interest rates to come back down, before buying a new home.While no one knows for certain exactly what will happen with interest rates, there is definitely a prevailing opinion for higher rates that is echoed Continue Reading