Every presidential election sparks the same question: ‘Will the election affect the housing market?’ It’s a valid concern, particularly for those buying or selling homes in Arizona. Yet, despite the unpredictability of election years, data shows that the impact on the housing market is minimal. While some buyers might claim they’re waiting for election results, they make up only a small portion of the market and have little influence on overall trends. The numbers back this up, showing that sales […]
If you’ve been waiting for a sign that it’s the right time to buy a home or refinance, here it is! Mortgage rates have just dropped to their lowest levels since Q2 of 2022, and this is an incredible opportunity for buyers and homeowners alike. Whether you’re looking to buy your first home or lower your monthly payments through refinancing, these rates could be the key to unlocking your financial goals. Understanding the Rate Drop After months of fluctuating interest […]
In today’s digital world, while technology has made the real estate process more accessible, it has also created new opportunities for scammers. Protecting yourself from these scams is crucial for a smooth and secure transaction. Here are some of the most common real estate scams to be aware of, along with tips on how to avoid them. Wire Fraud Wire fraud is one of the most serious and widespread scams in real estate today. Scammers often impersonate real estate agents, […]
A note from the Team Leader, Erica… As of today, August 17, 2024, significant changes resulting from the National Association of Realtors (NAR) settlement will officially take effect across the nation, aimed at bringing greater transparency and fairness to the real estate industry. However, if you’re in Arizona, you’re already a few steps ahead. Our local MLS and the Scottsdale Realtor Association have been proactive in implementing these changes since the beginning of August. This early adoption has allowed us […]
Navigating the real estate market can be daunting for both buyers and sellers. A real estate agent can be an invaluable asset, providing expertise, guidance, and support throughout the process. Here’s why you should consider working with a real estate agent, whether you’re buying or selling a property: For Buyers Expert Knowledge of the Market Real estate agents specializing in working with buyers possess in-depth knowledge of local market trends, property values, and neighborhood specifics. They provide information on schools, […]
