If you’re thinking about buying a golf course home for sale in Scottsdale or a nearby community but you’re not sure whether it’s the right time, here’s what you need to know. Buying a House Before You Sell Your Current Home Sometimes it makes sense to buy a new home before you sell your current one – but that’s not the case for everyone. While buying first lets you focus on only one transaction at a time, which gives you time to find the perfect place to live, it might not be in the cards for you. If you buy a Continue Reading
What Will a 0% Interest Rate Mean if You’re Buying or Selling a Home in Scottsdale?
If you’ve been keeping up with the news, you know that the Federal Reserve has cut its target interest rate to near zero percent for mortgages – but what does that mean to you, either as a buyer or a seller? Here’s what you need to know. What Will a 0% Interest Rate Mean if You’re Buying or Selling a Home in Scottsdale? The Federal Reserve has done two emergency rate cuts so far, and now the federal funds rate is between 0% and 0.25%. The move is designed to stimulate the economy – and it does that by Continue Reading
Predictions and trends for Arizona real estate in 2017
Predictions and trends for Arizona real estate in 2017 While it's impossible to predict what the year ahead holds for Arizona real estate, we can look to a number of current trends to make a few predictions. Here are three trends that local real estate experts are predicting for 2017: 1) Millennials Take the Lead The largest demographic group that will be making an impact on the real estate market in 2017 will be millennials. Nationally, millenials are expected to be responsible for 33% of home purchases, Continue Reading
Golf Courses Help Boost the Arizona Economy
When thinking about golf, most people think of it as a game. People usually think about the PGA tour, golf legends like Arnold Palmer and of course how expensive it can be to play on world-renowned courses. But it is not often thought of how golf actually contributes to the surrounding communities. Recent studies show that golf communities are contributing to a booming business that few really know about. A Study of Golf Communities In a study conducted at the University of Arizona in Tucson, the main focus Continue Reading
Low mortgage rates continue to help boost real estate sales
The current low mortgage rates are unprecedented, and aren't really moving up just yet. But how low is low, and how long will they stay this low? According to Freddie Mac, the 30-year fixed mortgage, now the most popular mortgage product, is averaging 3.48% (September 22, see chart). When looking back at August of 2015, the rate has dropped from the 3.91% we saw then. For adjustable rate mortgages, the average is 2.8%, really unchanged as compared to the August 2015 rate of 2.74. So what do these Continue Reading
New home permits for the Phoenix area reach peaks not seen since 2007
Incredible news for the Phoenix area real estate market: our friends at the Cromford Report have recently announced that new home permits reached peaks in July that had not been seen since 2007! The news is good for both single family homes and multi-family units. The number of single family permits in Maricopa and Pinal Counties for June totaled 1,946. This is the biggest number we’ve seen since this time in 2007! It represents a 17% increase as compared to July 2015. The new home permits news is Continue Reading
- 1
- 2
- 3
- …
- 5
- Next Page »
