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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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Monday, April 6, 2020   /   by Ross Novotny

A PSSA for Homeowners and Renters

A lot of homeowners and renters are struggling to make payments right now. Here’s the information you need to help decide what’s next for you.

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


Today we have a PSSA, a public service and safety announcement. Specifically, we’re talking about your financial safety. We want to educate all of you about what’s going on in today’s market because it’s difficult to sort through everything out there. With this information, you can make empowered choices now and in the future.


Here’s an outline of our discussion with timestamps so that you can skip ahead to the topic(s) that interest you the most:


1:25- Why you should pay your mortgage or rent if you have the financial ability to do it, and what to do if you can’t.


2:40- Who is your “loan servicer”?


4:30- What do “Forbearance” and “Deferral& ...

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Friday, March 27, 2020   /   by Ross Novotny

What's Going On In The Arizona Market?

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


Our thoughts and hearts go out to everyone who is impacted by the coronavirus and all the chaos it has sown in the world lately. No industry has gone unaffected by it, and real estate is no exception. Naturally, people who were planning to buy or sell this year are concerned about the fate of their transactions, so today we’ll spend some time talking about what is currently happening in Arizona real estate and what you can expect as time moves forward.

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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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