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?
There are some real hot spots in Phoenix this winter. These Hot Spots are fueled by two things: Jobs Lifestyle There's been a lot of job growth recently in the I-10 corridor, the I-17 corridor as well as right around North Tempe and South Scottsdale. So let's use a fun bee analogy, shall we? These … [Read more...] about Hot Spots in Phoenix 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
http://www.youtube.com/watch?v=d9EoBa_ez3Q Spencer Rascoff, the CEO of Zillow, sold his house in Seattle in February for a cool $1,050,000. You might be wondering why I am telling you about this. Who cares if Spencer sold his house..whatever. Well, what makes this story interesting is that Rascoff's website, Zillow, … [Read more...] about About that Zestimate, Spencer….
Are you having trouble finding a rental property in Phoenix right now? Well, you are not alone. Our rental inventory is a fraction of what it was a few years ago. Just to out things in perspective, in 2008,there were roughly 10,000 properties listed for rent in Metro Phoenix. Right now, there are less than 2200 homes or rent, … [Read more...] about No RENTS for the Weary