Once you’ve decided to buy a home, the very next step is to find a lender and get qualified. You need to know what type of loan you qualify for, and how much you qualify for. After you interview and select your lender, you will need to input your loan application, and most lenders require [...]
From the monthly archives:
September 2011
The monthly median home sales price in Scottsdale has stabilized over the past seven months, staying well within the range of $350,000-380,000. Looking at Scottsdale’s home prices over the past decade, you can see that this puts today’s home prices in the same price range as 2003. From my perspective, this stabilizing trend is one [...]
One of the most common questions that I get once a buyer’s contract is accepted is, “What happens next?” My short answer is that “It’s crazy upfront, quiet in the middle, and then gets busy again before closing.” Basically (in a typical Arizona home sale): Escrow is opened. The buyer’s earnest deposit check is deposited [...]
A quick look at today’s real estate market in Scottsdale. Supply has dropped 30% over the past 2 years. Demand has increased steadily over the past 3 years. Price per square foot is now running about the same as in 2003, just as the market started its run-up. The supply of homes is at pre-boom [...]
After watching the East Valley Team’s Kristin LaVanway video last week, I was inspired me to do a little research on the specifics of the Scottsdale real estate market. (If you haven’t read her blog post and watched her video, Where did the Phoenix and Gilbert area homes go?, I highly recommend it. ) I [...]
I was recently asked to share my experience with a relatively new national home search database provided to real estate agents who are members of the National Association of Realtors. Named Realtors Property Resource, or RPR for short, the database has an incredible amount of current and historical real estate information available. For me, RPR [...]
