Many buyers from other parts of the country, or world, are surprised to find that Scottsdale doesn’t have all that many two-story homes. By far, the majority of homes sold in 2010 were single level. Single family home were almost exclusively single level until the 1980’s. Since then, a great proportion of two-story homes have [...]
From the category archives:
Buyers
I’m working with a client who would really like to buy a house in Phoenix. However, it’s been a bit more challenging than expected. Short sales. Lender owned. Multiple offers. Backup offers. Many buyers coming here from out of state are shocked by how active our real estate market is. And when you look at [...]
photo credit: TheTruthAbout Fletcher Wilcox from Grand Canyon Title Agency recently emailed me a report for the Phoenix Metro area, “Should You Rent or Buy a Single Family Home?”, where he has analyzes and answers the question: Is it cheaper to pay rent on a single family home or pay a mortgage on a single [...]
The Arizona Association of Realtors just published their monthly magazine, and in addition to the cover story, there’s a sidebar example of how I’m starting to incorporate QR codes into my real estate marketing here in Scottsdale. I do enjoy looking into the future and seeing what kind of tools and advertising are going to [...]
In today’s real estate market, some Scottsdale home buyers assume that they are going to be able to make a low offer on any property and “steal” a house. However, the realities of the situation are different, and actually a bit more complex than they might first appear. The following charts all use data for [...]
I just represented a buyer who used the FHA Streamlined 203(k) loan program to purchase a 3 bedroom, 2 bath ranch in South Scottsdale. The house was over 50 years old, and had been maintained, but the buyer wanted to update the kitchen, remove wall paper, and replace some of the flooring before moving in. [...]
One of the mortgage blogs I read (or listen to) regularly is Tyler Osby’s Mortgage with Wealth. Even though he’s located in Iowa, he shares information that can be helpful for home buyers, regardless of where they live. He recently emailed me this video, where he explains how mortgage lenders get paid. It’s just 5 [...]
