scottsdale real estate arizona: Homeownership is the Top Contributor to Your Net Worth - 10/09/19 10:47 AM
Homeownership is the Top Contributor to Your Net Worth

Many people plan to build their net worth by buying CDs or stocks, or just having a savings account. Recently, however, Economist Jonathan Eggleston and Survey Statistician Donald Hays, both of the U.S. Census Bureau, shared the biggest determinants of wealth,
“The biggest determinants of household wealth [are] owning a home and having a retirement account.” (Shown in the graph below):
This does not come as a surprise, as we often mention that homeownership can help you to increase your family’s wealth. This study reinforces that idea,
 “Net worth is an important indicator of economic well-being and provides insights into a household’s economic health.”
Having … (0 comments)

scottsdale real estate arizona: 4 Tips to Improve Your Home and Save on Your Energy Bill - 10/02/19 10:25 AM
4 Tips to Improve Your Home and Save on Your Energy Bill
As a homeowner, it’s important to keep your home running efficiently, not only to save money, but also to help the environment thrive. October 2nd is Energy Efficiency Day, a perfect time to think about making some key upgrades that will improve the efficiency of your home. If you’re looking to sell your house and increase the pool of potential buyers in your market, the upgrades below are truly a must.
According with Wallet Hub,
“In the U.S., energy costs eat between 5 and 22 percent of families’ total after-tax income.”
What should … (0 comments)

scottsdale real estate arizona: What Is the Cost of Waiting Until Next Year to Buy? - 09/27/19 08:23 AM


Some Highlights: The “cost of waiting to buy” is defined as the additional funds necessary to buy a home if prices and interest rates were to increase over a period of time. Freddie Mac forecasts interest rates will rise to 3.8% by Q4 2020. CoreLogic predicts home prices will appreciate by 5.4% over the next 12 months. If you’re ready and willing to buy your dream home, now is a great time to buy. … (0 comments)

scottsdale real estate arizona: Homeowners Are Happy Renters? Not So Much - 09/26/19 02:05 PM


When people talk about homeownership and the American Dream, much of the conversation revolves around the financial benefits of owning a home. However, two recent studies show that non-financial benefits might be even more valuable.
In a recent survey, Bank of America asked homeowners: “Does owning a home make you happier than renting?” 93% of the respondents answered yes, while only 7% said no. The survey also revealed:
More than 80% said they wouldn’t go back to renting 88% agreed that buying a home is the “best decision they have ever made” 79% believed owning a home has changed them for the better Those surveyed talked … (0 comments)

scottsdale real estate arizona: Are You Ready for the ‘Black Friday’ of Real Estate? - 09/25/19 11:30 AM


Every year, ‘Black Friday’ is a highly anticipated event for eager shoppers. Some people prepare for weeks, crafting and refining a strategic shopping agenda, determining exactly when to arrive at each store, and capturing a wish list of discounted must-have items to purchase. But what about buying a home? Is there a ‘Black Friday’ for the home-buying process? Believe it or not, there is.
According to a new study from realtor.com, the week of September 22 is the best time of year to buy a home, making it ‘Black Friday’ for homebuyers.
After evaluating housing data in 53 metros from 2016 to 2018, realtor.com determined that the … (0 comments)

scottsdale real estate arizona: Should You Fix Your House Up or Sell Now? - 09/24/19 09:26 AM

With the fall season upon us, change is in the air. For many families, children are growing up and moving out of the house, maybe leaving for college or taking a jump into the working world. Parents are finding themselves as empty nesters for the first time. The question inevitably arises: is it finally time to downsize?
If you’re pondering that thought, you may also be wondering if you should fix-up your house before you sell it, or go straight to the market as-is, allowing a potential buyer to do the updates and remodeling. If you’re one of the many homeowners this … (0 comments)

scottsdale real estate arizona: 4 Reasons to Sell This Summer [INFOGRAPHIC] - 06/21/19 03:42 PM
 
 
Highlights:
Buyer demand continues to outpace the supply of homes for sale. This means that buyers are often competing with one another for the few listings that are available. Housing inventory is still under the 6-month supply needed to sustain a normal housing market. Now maybe the time for you and your family to move on and start living the life you desire! … (1 comments)

scottsdale real estate arizona: Dog Park Etiquette - 04/12/19 11:07 AM
Many pet parents enjoy taking their dogs to the dog park for off-leash exercise.Here are a few helpful tips from our professional dog trainers on how to make this the best experience for you and your dog.
Try Dog Playdates (recommended most often by professional trainers)Try and get your own playgroup for your dog. They don’t have to meet every dog in the park.
The dogs should all be fully vaccinated and be naturally social with other dogs.
Each dog should have at least basic obedience skills of sit, down, stay, and coming when called.
Dogs are generally safest when segmented by size. Small and … (0 comments)

scottsdale real estate arizona: Desert K-9 Trials 2019 - 04/08/19 12:31 PM
This weekend we had the privilege of attending the Desert K-9 Trials at the Scottsdale Colosseum. K-9’s and their handlers came from the local and distant places representing law enforcement and the military. The K-9s we saw working were either the Belgian Malinois or the German Shepherd. Desert K-9 Trials K-9 Trials Events Obedience/Obstacles (Judged on control of their K-9 and successful navigation of obstacles)
Handler Protection (Judged on handlers tactics and the K-9 ability to follow direction)
Tactical Challenge (Judged on above but a timed event w/deductions for mistakes)
Area Search (Judged on search, find, and alert on a suspect. … (1 comments)

scottsdale real estate arizona: Simply Increase Family Wealth by Paying for Housing - 12/13/18 01:08 PM

  Simply Increase Family Wealth - Everyone should realize that unless you are living somewhere rent-free, you are paying a mortgage – either yours or your landlord’s. Buying your own home provides you with a form of ‘forced savings’ that allows you to use your monthly housing costs to increase your family’s wealth.  Every month that you pay your mortgage, you are paying off a portion of the debt that you took on to purchase your home. Therefore, you own a little bit more of your home every month in the form of home equity. As your home’s value increases you also … (0 comments)

scottsdale real estate arizona: Scottsdale Real Estate Arizona | Luxury Valley Homes AZ - 11/28/18 11:06 AM
Scottsdale Real Estate Arizona - Current Home Sales - Scottsdale Information 
Scottsdale Real Estate Arizona is nestled in a moderate size city but enjoys the sophistication and amenities of a big city.
The City - Scottsdale AZ Scottsdale real estate Arizona - When it comes to unique experiences is one of the best, with options that include world-class museums, galleries, a renowned botanical garden, a butterfly wonderland, Aquarium, and the nation’s largest wilderness preserve. Scottsdale is also home to Old Town, known as the West’s most Western town and a throwback to the 1880's   Scottsdale’s Sonoran Desert is at your doorstep. Explore … (0 comments)

scottsdale real estate arizona: Existing Home Sales Slowed by a Lack of Listings - 11/27/18 09:54 AM
Existing Home Sales Slowed by a Lack of Listings - Highlights: Existing home sales are currently at an annual pace of 5.22 million, which is up 1.4% over last month. This reverses the six-month trend of dips in sales every month. The inventory of existing homes is still below the 6-month supply needed for a normal market and is now at a 4.3-month supply. NAR’s Chief Economist, Lawrence Yun, had this to say: “After six consecutive months of decline, buyers are finally stepping back into the housing market. As more inventory enters the market and we head into the winter season, … (0 comments)

scottsdale real estate arizona: Females Invest in Real Estate Making It a Priority - 11/24/18 10:11 AM
 Females invest in real estate - Everyone wants a place to call home; a place that gives them a sense of security. We are currently seeing major interest from females who want to achieve this dream, and the numbers are proving it!  In 2018, for the second year in a row, single female buyers accounted for 18% of all buyers. In 2017, 60% of millennial women listed as the primary borrowers on mortgages were single. According to the 2018 Home Buyer and Seller Generational Trends Report by the National Association of Realtors, one in five homebuyers in the U.S. were single females … (1 comments)

scottsdale real estate arizona: 2 Myths Holding Back Home Buyers | Scottsdale Real Estate Arizona Team - 11/14/18 08:32 AM

   2 myths holding back home buyers - Urban Institute recently released a report entitled, “Barriers to Accessing Homeownership: Down Payment, Credit, and Affordability,” which revealed that, “Consumers often think they need to put more money down to purchase a home than is actually required. In a 2017 survey, 68% of renters cited saving for a down payment as an obstacle to homeownership. Thirty-nine percent of renters believe that more than 20% is needed for a down payment and many renters are unaware of low–down payment programs.” 2 Myths Holding Back Home Buyers Myth #1: “I Need a 20% Down Payment” Buyers often overestimate the … (1 comments)

scottsdale real estate arizona: Taking Fear Out of the Mortgage Process - 10/31/18 03:14 PM
 
  Taking fear out of the mortgage process - A considerable number of potential buyers shy away from jumping into the real estate market due to their uncertainties about the buying process. A specific cause for concern tends to be mortgage qualification.Taking Fear out of the Mortgage Process In order to qualify in today’s market, you’ll need a down payment (the average down payment on all loans last year was 5%, with many buyers putting down 3% or less), a stable income, and good credit history. Throughout the entire home buying process, you will interact with many different professionals who will … (1 comments)

scottsdale real estate arizona: Buying Your Home Can Be Scary… Until You Know the Facts - 10/28/18 11:47 AM
 
Buying Your Home Highlights:Many potential homebuyers believe that they need a 20% down payment and a 780 FICO® score to qualify to buy a home which stops many of them from even trying! Here are some facts: 72% of buyers who purchased homes this year have put down less than 20%. 76.4% of loan applications were approved last month. The average credit score of approved loans was 727 in September. These are national statistics and your local statistics may vary.   Article: Buying Your Home is provided by Jeff Daley  [/fusion_text][/fusion_builder_column][/fusion_builder_row][/fusion_builder_container]
(2 comments)

scottsdale real estate arizona: Is There a Shift Happening in the Real Estate Market? - 10/01/18 03:39 PM
Housing inventory is up year-over-year for the first time in three years which means that home price appreciation will likely begin to slow. If you're looking to buy or sell a home, now is still a great time! Let's get together today to go over what this shift in the market means for you. [September 27, 2018]
 
Watch the short video on the Shift.
 
 
 
We are beginning to see reports that more housing inventory is coming to the market and that buyer demand may not be increasing at the same pace it did earlier this year. The result will be many headlines written … (1 comments)

scottsdale real estate arizona: Is Housing Affordable? | Watch short Video - 09/24/18 11:47 AM
 Is housing affordable? -  As home prices continue to rise due to a lack of inventory, many people are becoming more concerned about housing affordability. Taking a look at NAR's Housing Affordability Index puts that concern to rest. Let's get together to go over your specific market and determine whether or not you are ready to buy today!
 
 
We already know the interest rates are creeping up. They’re up over a half a point and they’ll probably go at least another quarter of a point, maybe even a half a point before the end of the year. And if prices continue to go … (0 comments)

scottsdale real estate arizona: Retirement - Will Your House Fit Your Needs When Your Ready? - 07/25/18 04:55 PM
Retirement - As more and more baby boomers enter retirement age, the question of whether or not to sell their homes and move will become a hot topic. In today’s housing market climate, with low available inventory in the starter and trade-up home categories, it makes sense to evaluate your home’s ability to adapt to your needs in retirement.
RetirementAccording to the National Association of Exclusive Buyers Agents (NAEBA), there are 7 factors that you should consider when choosing your retirement home.1
1. Affordability“It may be easy enough to afford your home today but think long-term about your monthly costs. Account for property … (2 comments)

scottsdale real estate arizona: Get The Best Price | Here is Two Ways When Selling Your Home - 07/24/18 02:07 PM
Get the best price - Every homeowner wants to make sure that they maximize their financial reward when selling their home, but how do you guarantee that you receive the maximum value for your house?
Get The Best PriceHere are two ways to ensure that you get the highest price possible.
1. Price it a Little LowThis may seem counterintuitive, but let’s take a look at this concept for a moment. Many homeowners think that pricing their homes a little OVER market value will leave them with room for negotiation when, in actuality, it just dramatically lessens the demand for their houses (see chart below).
 
Instead of the … (0 comments)

 
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