luxury valley homes scottsdale arizona: Winning Plays for Buying a Home in Today’s Market
- 02/09/24 10:45 AM
Winning Plays for Buying a Home in Today’s Market [INFOGRAPHIC] Some Highlights In today's housing market, you can still come out on top if you have the right team and plan. To win when buying a home, you need to build your team, make strategic plays, consider what’s in and out of bounds, and stand out from the crowd. Let’s connect today to make your winning move. … (2 comments)
Nancy Ella, reports on our constantly changing housing prices, and mortgage rates. Several strategies can help potential homebuyers navigate the uncertainty. These strategies include: 1. **Monitor Mortgage Rates**: Keep a close eye on mortgage rates and consider asking your lender about a "float down" option, which can protect you from rate increases while allowing you to benefit from a lower rate[1]. 2. **Diversification**: Diversifying your real estate portfolio across different property types, locations, and investment strategies can help mitigate risk in a volatile market[2]. 3. **Stay Informed and Attend Local Meetings**: Monitor news and … (3 comments)
luxury valley homes scottsdale arizona: Home Prices Forecast To Climb the Next 5 Years
- 01/16/24 12:22 PM
Home Prices Forecast To Climb over the Next 5 Years [INFOGRAPHIC] Some Highlights If you’re worried about what’s next for home prices, know the HPES shows experts are projecting they’ll continue to rise at least through 2028. Based on that forecast, if you bought a $400,000 house this year, experts say it could gain over $72,000 in equity over the next five years. If you're worried about falling home prices, don't be. Many experts forecast they'll keep rising for years to come. If you have questions, let’s connect. … (2 comments)
luxury valley homes scottsdale arizona: What Lower Mortgage Rates Mean for Your Purchasing Power
- 01/15/24 06:53 AM
What Lower Mortgage Rates Mean for Your Purchasing Power If you want to buy a home, it's important to know how mortgage rates impact what you can afford and how much you’ll pay each month. Fortunately, rates for 30-year fixed mortgages have come down significantly since the end of October and are currently under 7%, according to Freddie Mac (see graph below):
This recent trend is great news for buyers. As a recent article from Bankrate says: “The rate cool-off somewhat eases the housing affordability squeeze.”According to Edward Seiler, AVP of Housing Economics and Executive Director of the Research Institute for Housing America at the Mortgage Bankers Association (MBA): “MBA expects that affordability conditions will … (2 comments)
Some Highlights: Hiring a real estate professional to help you buy your dream home or sell your current house is one of the most powerful decisions you can make. A real estate professional has the experience to help you confidently navigate through the entire process. Make sure you work with someone who knows the current market conditions and can simply and effectively explain them to you and your family. … (0 comments)
luxury valley homes scottsdale arizona: New Construction: The Number One Answer to the Housing Shortage
- 05/19/17 12:09 PM
New construction - The biggest challenge to today’s housing market is the shortage of housing inventory for sale. A normal market would see a six-month supply of homes for sale. Currently, that number is below four months. This is the major reason home prices have continued to appreciate at higher levels than historic averages. The good news is that builders are now starting to build more homes in lower price ranges. Builder Confidence is Uphe Housing Market Index from the National Association of Home Builders (NAHB) reveals that builder confidence increased last month. HousingWire quoted NAHB Chief Economist Robert Dietz about the … (0 comments)
luxury valley homes scottsdale arizona: Vietnam’s Iconic HUEY Is Retired After 57 Years Of Service
- 08/23/12 03:53 AM
Vietnam’s Iconic HUEY Is Retired After 57 Years Of Service The UH-1 Iroquois, affectionately known as the "Huey," and the air cavalryman’s steed was retired on August 18, 2012 in Fort Hood, Texas. A ceremonial airlift with the final three UH-1s remaining in the active-duty Army along with some members of the 1st Cav was conducted in front of many Vietnam veterans. The distinctive Whop – Whop sound of the Huey stimulated memories of old, some good and some not so good. That Huey sound was so distinctive it’s still used today in movies as the sound associated with the latest … (1 comments)
Winning Plays for Buying a Home in Today’s Market [INFOGRAPHIC]
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