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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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Monday, January 13, 2020   /   by Kevin Kauffman

Home Sellers: Let Us Help You Make the Best First Impression

What do you need to do in order to create the best possible first impression when you sell your home? Here are our tips and tricks.

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

It’s 2019—almost everyone in this day and age is starting their home search online. That means if you’re planning to sell your home, whatever you put in your online advertising materials for the home needs to make a great first impression. If you can’t get potential buyers to fall in love and imagine themselves living in your home from the moment they see your online advertisement, you might not even be able to get them to walk through the front door.


As part of our consultative selling process here at Group 46:10, we enlist our home stager to help us make your home look its very best. After the transformation is complete, we then hire the best of the best photographers to make sure we capture the right photos of your h ...

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Thursday, January 2, 2020   /   by Kevin Kauffman

Big News Regarding Loan Limits

Today we have some pretty big news for you: Recently, Fannie Mae and Freddie Mac, the largest backers of mortgages in the entire country, have raised their loan limits in Arizona to over $510,000.




This is huge considering that from 2006 to 2016, conventional loan limits hardly even budged. Since 2016, the loan limit we’re referencing has gone up by almost $100,000! What does that mean for you?




Well, for example, if you wanted a $600,000 home, you would need a jumbo mortgage (unless, of course, you had an incredibly large down payment). Now, with the new loan limits, you can receive something called a conforming loan—something that works within Fannie Mae and Freddie Mac guidelines—all the way up to $510,000.




This allows you to have lower down payment options, like 5% down. A common misconception surrounding conventional loans is that they require 20% down. That’s not always the case; there are conventional loan products ...

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Tuesday, December 17, 2019   /   by Kevin Kauffman

Wishing You the Best This Holiday Season

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We wanted to take a moment to say merry Christmas, happy holidays, and a happy New Year to all of you. Thank you for your support this year and in years past. No matter how 2019 has gone for you, we hope that you have an amazing 2020 and spend a lot of time with the people that mean the most to you for the rest of this year. If you ever have any questions about real estate, please feel free to reach out to us by phone or email. We would love to speak with you.
 

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Monday, December 2, 2019   /   by Kevin Kauffman

How to Get a Financial Statement for Your Property

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

What does it mean to have a financial statement for your home? Why should you have one?


Most people will admit that buying or selling a home is the single largest transaction that they’re likely to do in their life. However, the reality is that we don’t always treat it that way. We have bank statements, stock statements, retirement statements, credit card statements, and even a mortgage statement—but there’s no financial statement for our homes in general that allow us to view it as an asset.


On that front, we have good news: We’ve partnered with a great company that will offer you just such a financial statement on your home. This is more than a home valuation, which you can find on your own. Rather, it’s a tool that will help you determine:




1. If you could pay off your property earlier than you planned
2. How much you could ...

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