In a market where home inventory is low and demand is soaring, sellers may think that their home will move in mere minutes–and at a price that defies even the loftiest expectations. When left untethered, these dreams of big prices and warp speed sales can spell disaster–and major disappointment. Here are six simple points sellers need to know before putting it on the market. 1. Staging Continue Reading
Check out these January ARMLS Stats
As members of the Multiple Listing Service, we are privy to some great local statistics each month and I thought I would share this month's data as it gives a year in review perspective. COMMENTARY by Tom Ruff of The Information Market 2013: Year in Review The end of the year only comes once. That's why we can't pass up the opportunity to focus on how the market fared in 2013. Below you Continue Reading
One of our pending listings made the news….read on for details:
By Maria PollettaThe Republic | azcentral.com Tue Jan 7, 2014 10:20 AM A Valley homebuilder that specializes in turning tricky infill lots into high-end subdivisions plans to make over 6 acres of east-central Mesa land pending city approval. Porchlight Homes, which has communities in Phoenix and Scottsdale, would transform the vacant property on the southwestern corner of East Southern Continue Reading
Job Growth to Drive 2014 Housing Market
Job Growth to Drive 2014 Housing Market DAILY REAL ESTATE NEWS | MONDAY, DECEMBER 23, 2013 The housing recovery is expected to remain strong in the new year, driven by economic growth and an improving employment picture, economists say. In fact, job growth likely will be one key to driving housing growth in the new year. An estimated 2 million or more jobs will be created in 2014, Continue Reading
You can’t take it! …Economic update.
Last week started out with the stock markets doing the happy dance after May’s surprising increase in retail spending. We were out shopping with our government rebate checks at Wal-Mart and Costco. The markets also loved the hawkish remarks from Ben Bernanke, Fed chairman, about the economy and the dollar, sending the stock market on a three day spree. Friday, things got ugly. Stocks took a Continue Reading
It’s good to be…
U. S. Markets were doing the happy dance last week when unexpected strong corporate earnings from Ford (from European sales), American Express (from overseas business), and Goodyear Tires (overseas purchases) steadied the Stock Market. According to the unemployment claims more people are working and the combination contributed to Wall Street’s good mood. Reports in major publications crooned Continue Reading
"Once upon a time…"
Once upon a time (2005) in a peaceful sunny land not too far away (Arizona), Builders came and built homes. Then the Builders got greedy. All of them decided to increase prices. The people of Phoenix became afraid that there would be no homes left for their families, so they bought. Would-be investors traveled to Arizona to buy rental property because they had read it would be a good thing. Continue Reading
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