This week in Phoenix real estate...it's not exactly news that that there aren't enough houses to go around. What might be surprising is how quickly the lower price ranges are changing. Homes on the market, priced under $400K, are down 47.6% compared to last year. However, homes priced between $400K-$500K are up 109% overall, … [Read more...] about This Week in Phoenix Real Estate – February 14, 2021
Downtown Mesa is Hopping! The arrival of the light rail in 2015 woke up this sleeping urban area that was THE center of the action back in the day. Since then, new restaurants have opened their doors, new housing developments have sprung up and more people have come to appreciate this true downtown experience. It’s not … [Read more...] about Downtown Mesa…Living the Main Street Life
The Phoenix real estate market is in a buyer frenzy early in the season due to low inventory in the most active price ranges. For Buyers: Buyers continue to find themselves in a frenzy of competition for homes as March recorded the highest number of non-distressed sales through the MLS since September 2005. Supply has … [Read more...] about Phoenix Real Estate Market Update – It’s a Buyer Frenzy!
A friend of mine recently asked me about investing in a REIT, which is a Real Estate Investment Trust. There's been a lot of them poppin' up over the last 15 to 20 years - especially online. This particular one that she was looking at had $1,000 minimum. My friend asked, "I don't have the $1,000 now, but if I did is this a good … [Read more...] about What’s the Easiest Way to Invest in Real Estate?
Does it really matter who you choose to do your mortgage? Can't you just go down to any ho-hum bank and get a home loan? Or call that spammy 1-800 number (that is most likely a sex hotline) you got from a quick Google search? Yes, it matters! And it’s a big FLIPPIN’ deal! You might be thinking, “Big Box is the way to go … [Read more...] about Big Box Banks vs. Local Mortgage Banker