I've noticed after numerous listing appointments and talking with people that it's not clear why home improvements help sell a home faster, and for top dollar. In many cases, people feel these improvements are an expense and not an investment. I want to share this food analogy below, as I believe this will help show how … [Read more...] about Understanding Supply, Demand and Condition in Real Estate
Phoenix Real Estate
Tips for First Time Home Buyers
Don't Make any Major Purchases Prior to Buying a Home As we have learned from the book "Rich Dad, Poor Dad" there are good debts and bad debts. When it comes to buying your first home, a mortgage is a good debt. Think about prioritizing purchases on appreciating asset over purchases that are depreciating liabilities. It's a … [Read more...] about Tips for First Time Home Buyers
Real Estate and Vacation Rentals
Investment Homes & AirBnB Are you considering turning your rental into an AirBnB or Vacation rental? In this Arizona market right now, a 6 or 7% cap is considered average/good. 10% CAP is considered excellent for a long-term rental.Did you know that, the earning potential with a vacation rental can be 80% or more than that … [Read more...] about Real Estate and Vacation Rentals
2019 – Q1 Market Update
Home buyers are SHOPPING! Home sales were down the first two months of the year. I believe some of this was contributed to the interest rates towards the end of the year. They reached a five year high. Statistically, January and February sales are low months to begin with. We typically see less activity in December with … [Read more...] about 2019 – Q1 Market Update
Understanding Buyer Pschology
I believe understanding the psychology of consumers is key to obtaining the most money on a home. In today's "I" world (iPhone, iPad, iMac, Selfies), the masses seek instant gratification! Everyone seems to desire the nicest or newest possession. This applies across all platforms. It doesn't matter if it's Ralph Lauren's latest … [Read more...] about Understanding Buyer Pschology
10 Things You Should Know BEFORE Buying a Home
So, you’re ready to buy a home! As you gear up for this exciting time in your life, you have probably been told the basics–things like getting pre-approved for financing or not being too critical over cosmetic issues you can easily fixed. But what about those other things–the ones no one ever tells you about, but you ultimately … [Read more...] about 10 Things You Should Know BEFORE Buying a Home
Tip #2
The last tip was about the importance of having consistency throughout your home. The psychology behind creating consistency is that it can make a home feel finished. Anything that "feels" unfinished, chopped up, disjointed, or "feels like a project" will result in lower demand and in turn lower offers. This week we are … [Read more...] about Tip #2
2019 Real Estate Forecast
We have all heard the scary news in the media recently about the coastal markets slowing down and we're in for a "shift" or downturn in the market. The stock market is crashing; however, before you start making assumptions and believing that's going to happen in our local Phoenix real estate market, watch this video I put … [Read more...] about 2019 Real Estate Forecast
Social Behavior and Real Estate
Many would agree that technology over the years has enhanced the quality of our life. Technological advancements have increased the speed in which we receive information, it has also enhanced our efficiency in which we can accomplish tasks, and communicate with one another. Applications have changed the way we behave. … [Read more...] about Social Behavior and Real Estate
Moon Valley Homes for Sale
Come visit Moon Valley Country Club, see what makes this highly sought after community a diamond of North Phoenix. The homes that surround the course are amazing. You won't find track building here. You'll find these homes were built with the right combination of charm and luxury. … [Read more...] about Moon Valley Homes for Sale
