Real estate sales typically slow down towards the end of the year here in Phoenix. Buyers are distracted with holidays and take longer to make a decision. Inventory increases, so there are more choices. Advantages the sellers had during the busy season tend to wane as the weather cools off. But what if you NEED to sell your … [Read more...] about Can You Really Sell Your House in November (or December!)
Kristin LaVanway 480-282-7464 Kristin@HereInPhoenix.com A public service announcement for buyers and their agents who are agonizing about whether or not to send in that offer to purchase one of my listings...HINT: You can't win if you don't play! Our Phoenix real estate market has been favoring the sellers over the buyers for … [Read more...] about Some &*!@* Advice for Buyers Agents
If you are shopping for a new home, you need to ask yourself this question...are you serious? Here are three clues: 1. Have you been fully qualified - that is gone through desktop underwriting - with a capable lender? That is a loaded question, but one that is vital to your sucess in a quest to purchase a home. Way too many … [Read more...] about Hey Homebuyers…Are You Serious?
Last year, here in Phoenix, it was a Buyer's market. This year it is a Seller's market. Plain and simple. But that message seems to get lost in all the media hype about foreclosures and short sales, and desperation and reports that the sky is falling. So, without any hype, without any fanfare, here are the facts: Months of … [Read more...] about Attention: This is NOT a Buyer’s Market!
With less than 3 months inventory of homes in Queen Creek, homebuyers are scratching their heads trying to find a home to buy. So it is no wonder that the home builders who had locked up their sales centers for months have opened the doors once again to take advantage of the increased demand in the area. I stopped into one … [Read more...] about Queen Creek New Home Subdivisions Back in Business
As of this morning, there is 4.1 months inventory of homes on the market in the Phoenix Metro area. A balanced market, where the Buyer and Seller have equal advantage, occurs at about 6 months inventory, so we are currently operating under a Seller's advantage. But the price range you are shopping in plays a big role in the … [Read more...] about How Does Price Range Affect Inventory in the Phoenix Housing Market?