Click on the link below to see this beautiful new listing in Sun Lakes. For more information, contact us at www.arizonaexperiencerealty.com or at 480-240-9724 Ext. 1. http://www.propertypanorama.com/instaview/armls/5178261 Continue Reading
Check out this video of our new listing in Sun Lakes!
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New-Home Sizes Show Signs of Leveling Off
Following two years of increasing home sizes, the median size of new-homes appears to be leveling off as entry-level buyers return to the market drawn to more modest homes, The Wall Street Journal reports. The median size of homes that builders started construction on in the second quarter was 2,478 square feet, holding the same as the previous quarter. It remains near the record high of 2,491 Continue Reading
Down Payments for Lower-Priced Homes Double
Buyers looking at lower-priced homes are not only facing major inventory hurdles, they’re also finding that they have to bring more money to the closing table. The median down payment for the cheapest 25 percent of homes was 7.5 percent of the sales price last year, up from a low of 3.1 percent in 2006. That also compares to an average of 4.2 percent from 2001 through 2007, according to Continue Reading
Reality TV Skewing Home Remodeling Picture?
Reality television shows that feature instant home makeovers are popular, but some remodelers say that such shows paint an unrealistic picture of the time and money required to remodel a home. “A lot of these shows tend to glorify the low cost,” says Craig Knott, owner of Houseworks Unlimited in Washington, D.C. “Not just that it can get done in three hours, but that the costs are very Continue Reading
New-home permits up in metro Phoenix, but sales falter
Homebuilding in metro Phoenix ticked up slightly in April, but it's not likely a sign of a long-anticipated market rebound because new-home sales fell. Last month, 1,087 permits to build new houses were issued in the Valley, compared with 996 in March, according to analyst firm RL Brown Reports. New-home sales dipped to 730 in April from 856 in March. The median price of a new house Continue Reading
Are Buyers Too Afraid of Mortgage Rejection?
DAILY REAL ESTATE NEWS | MONDAY, APRIL 28, 2014 Fifty-six percent of all potential home buyers—those who want to buy a home within the next 24 months—say they’re waiting to purchase because they fear being rejected by lenders. What’s more, 30 percent of current home owners say they don’t think they could qualify for another loan, according to a national consumer survey of more than 1,000 Continue Reading
***Sneak Peek****coming this weekend Fabulous Custom Seville home!
Welcome to the County Club setting of Seville. This fabulous custom home offers its own resort lifestyle with a swim up bar, covered sunken BBQ and cooking area overlooking the pool, covered spa area, large grass play area, double gates, room for expansion and separate garage if desired, amazing mountain views and two separate large covered patio areas. Inside you will find side by side Sub Zero Continue Reading
Interest rate hikes slowing housing market
Sales of existing single-family homes slipped by 18 percent during the fourth quarter and by 16.6 percent in January year over year, according to the latest research by Fletcher Wilcox, vice president of business development for Grand Canyon Title Agency Inc. Rising interest rates are one big reason for this, Wilcox said. Interest rates hovered below 4 percent for 19 consecutive months starting Continue Reading
4 Deal-Killing Mistakes Buyers Make
1. They Don’t Consider the Details. You want your clients to toast the memory of you handing them the keys to their home, not rue the day they closed. To keep them from regretting the biggest purchase of their lives, you need to help them think through the details of what they want before you even start looking at properties. So, ask them questions like: Who do they picture living in the house in Continue Reading
