Identity Crisis – Phoenix Real Estate

The shift in the Phoenix Real Estate Market has left some real estate agents with a major identity crisis. After years of rescuing underwater homeowners, dealing the evil banks and constantly changing government regulations, we are left in a fairly normal market. What do we do know!!? I guess, when it gets right down to it, we all have to adjust to this new "normal" market. Once the Post Traumatic Stress Disorder starts to wind down, anyway!! Don't be afraid to reach out for help during these changing times... Kristin LaVanway HereInPhoenix.com 480-282-7464 Special appearance by Jane Fendelmen :) Outro: Feeling Good, Kevin MacLeod … [Read more...]

Phoenix Real Estate Update October 2012

Kristin LaVanway 480-282-7464 Kristin@HereInPhoenix.com How's the Phoenix Real Estate Market doing these days? More "normal" than not...inventory still low, but most likely we will see fewer "speculators", and slightly higher inventory to close out 2012. … [Read more...]

Paging Mr. Spock – How Much is My House Worth, huh?

It's the $64,000,000 questions these days as values have shot up 20% since the beginning of the year. How much is YOUR house worth? Despite the fact that there are many online resources available that can provide an answer to that question - Zillow, bank websites, county tax records, and more - how accurate are those estimates? Because they are estimates, and ballpark ones at that. I am sure you have figured out that the only way to get an accurate market value for your home - one that includes all the intangibles that affect the price a buyer would be willing to pay for your home - is to talk to an experienced real estate agent...like me! … [Read more...]

Phoenix Real Estate Market Update – The Scoop for June 2012

Are you sitting down? Here they are - the numbers for the Phoenix Real Estate Market as of June 2012. Yeah, it's still crazy. Inventory levels for the lower price ranges are practically zero! Equity sales continue to grow in numbers and prices are fast approaching the 2003 price levels. Kristin LaVanway http://www.HereInPhoenix.com Kristin@HereInPhoenix.com 480-282-7464 … [Read more...]

Phoenix Real Estate Investing – It Ain’t Rocket Science!

Fix and flips? Rental properties? Everybody dreams of success in real estate investing, right? But where to start?? It really boils down to three easy steps: 1. Plan your strategy - are you setting long term or short term goals? For long term goals you are looking for buy and hold opportunities - rental properties. For short term plans, you will be buying property then re-selling it right away. You need to know which way you are heading to you can develop a successful strategy. 2. Know your numbers - Depending on your strategy, you can use some simple rules to determine which properties are the best candidates. For fix and flips, yoiu will … [Read more...]

Phoenix Real Estate Market Report – January 2012

For those folks waiting for the bottom of the Phoenix Real Estate market - it has come and gone. Here's a little wake-up call from San Tan Valley that demonstrates what we can expect home prices to do in 2012. Buyers, it's really time to come down off the fence...seriously. P.S. I told you!!!! … [Read more...]

Who Needs Cable When You’ve Got a Real Estate License

Trust me...the entertainment value of real estate is gravely underestimated!! … [Read more...]

Short Sale Buyers – Special Forces

Buying a short sale is not for namby pambies The East Valley Team is taking a stand. When a buyer submits an offer on a short sale - it is hazardous to everyone's health (financially speaking) if they do not intent to execute that contract fully. Gone are the days of putting lots of short sale offers in to see what sticks, Banks are digging and making the process much harder so the message from the East Valley Team is this: You better be serious if you put an offer in on one of our short sale listings. … [Read more...]

Real Estate Negotiation 101

Negotiating real estate deals just ain't the same anymore Is it just me? It just doesn't seem like it's much fun any more to negotiate a real estate transaction. Short sales, REO's and homeowners who have have watched all the equity drain from the homes have taken all the pleasure out of the process. Remember the good old days, sitting around a table, playfully bantering counter offers around until everyone was happy? What do we have now?? Waiting months and months for that 50-50 chance that the short sale will be approved...working with the overworked REO lister, if you are lucky or the REO robot if you are not...or maybe it's an equity … [Read more...]

Short Sales, Fiduciary Duty & Tea Parties

Why Honesty is the Best Policy, Even When the Truth Hurts Dean's latest rant about honesty by buyer's agents when it comes to earnest money deposits on short sales got me thinking...what is our fiduciary duty to short sale buyers? Is to be weaselly and help them cheat the system or is to be brutally honest about whether a short sale is really the right transaction for them? The truth is, short sales with their long lead time and unknown outcome, are just not right for some buyers. And the only way they will know that is if their agent is honest with them about the expectations. Cheerio! … [Read more...]