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Kevin Kauffman | Blog

Tuesday, May 26, 2020   /   by Kevin Kauffman

Q: How Do I Safely Sell My Home?

Here are some tips to help you sell your home safely during COVID-19.

Looking to buy a home? Search all homes hereLooking to sell your home? Get a free home value report

With today’s climate, many homeowners wonder if they can possibly sell their homes without compromising their family’s safety. And even though much has changed because of the pandemic, real estate is still moving forward for those who need to buy and sell.

In short, yes, you can safely sell your home; you’ll simply need to implement a few safety measures. But how far you’ll need to go does depend on the house itself. For example, if your home is vacant, not a whole lot needs to be done, since you and your family’s safety isn’t in question there.

However, if you occupy the home you’re trying to sell, here are some best practices:

Take great pictures and videos of your property. You don’t want a bunch of looky-loos wandering through your home, so ...

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Thursday, April 23, 2020   /   by Kevin Kauffman

Why Sell to an Investor?

For some Phoenix homeowners, it may be a good idea to sell to an investor.

Looking to buy a home? Search all homes hereLooking to sell your home? Get a free home value report

Should you sell your home to an investor?

Many Phoenix residents have owned their home for five, seven, 10, or even 20 years, and these homes may need some updating that’s been put on hold--- The reality is, we’ve seen a great deal of movement in our market during that period, and these same homeowners may have some equity they’d like to use. There’s also hidden, untapped equity we can help you access as well. 

Many people look to investors to buy homes that aren’t in tiptop shape. Usually, in this case, they give up a portion of the home’s equity because they don’t know how to update, they don’t want to go through the hassle of it, or they don’t have the budget for it. 

The good news is, we’ve partnered with companie ...

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Thursday, March 5, 2020   /   by Kevin Kauffman

What Is Going on in the Phoenix Market?

Looking to buy a home? Search all homes hereLooking to sell your home? Get a free home value report

As we enter March, let’s take a look back at what happened in February in our Phoenix real estate market. February continued to show that we have a very tight inventory. These are actually some of the lowest inventory levels we’ve seen in the last decade. 

There just aren’t enough people who want to sell their homes to meet the demand of those who want to buy them. Builders are building as fast as they can, but more and more buyers are getting priced out of the market and left behind.

Another thing we’re seeing is that iBuyers are struggling to buy homes as well because of this low inventory. 

One interesting thing that we saw last month is what’s happening in the luxury price points. Homes above $800,000 are seeing 50% year-over-year increases in home sales. Apparently, people have more money to spend on homes in early 2020 t ...

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Thursday, February 13, 2020   /   by Kevin Kauffman

Will a Recession Happen in 2020?

Looking to buy a home? Search all homes hereLooking to sell your home? Get a free home value report

Are we heading into a recession?
With the looming presidential election, talk of volatile interest rates, and inventory shortages (or surpluses, depending on which part of the country you live in), we understand why this question is getting bandied about a lot. 
Unfortunately, our crystal ball is broken, but we do know a few facts. Interest rates are really low and, as we just mentioned, so is inventory. These indicate that we’re in the opposite of a recession. Fannie Mae and Freddie Mac both expect interest rates to stay low, and rental prices have increased in the Phoenix area. 
So we don’t appear to be headed for a recession anytime soon, but there are other factors at play, and these conditions won’t last forever. In the meantime, though, our market is healthy, and we need more home sellers. If you’re thinking of sel ...

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Monday, January 27, 2020   /   by Kevin Kauffman

2020 Phoenix Market Predictions

Looking to buy a home? Search all homes hereLooking to sell your home? Get a free home value report

What is in the future for our Phoenix real estate market? This may surprise you, but the Phoenix housing market inventory is down 30% compared to a year ago. This means there are 30% fewer homes for sale today than there were last January. 

We’ve had an excellent run in the last five to seven years in our market. There’s more demand now, but less inventory than we’ve seen since August 2005! Our population has done nothing but increase for the last 15 years. This suggests that we’ll see more multiple offer situations, meaning more buyers competing to purchase houses. Then, this would likely increase home prices in the Phoenix metro market in 2020. 

We’re expecting 2020 to be an outstanding year. Hopefully, we’ll see more sellers come out of the woodwork since we need more supply. Also, get ready for those bidding wars!

If you ...

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