Posts tagged as:

buyers

Shailesh Ghimire over at CTX Mortgage posted yesterday that new home buying assistance funds are available for home buyers in Phoenix, Scottsdale, and …. basically the whole of Maricopa County. This program has some great features and down payment assistance. Income limits will work for purchasing in many Scottsdale neighborhoods, too!  Since Scottsdale is a [...]

Scottsdale Real Estate – What’s a good offer?

by Dru Bloomfield on June 16, 2008

All home buyers seem to be asking this same question in today’s market:  What’s a good offer? In the past, the sale price averaged 3-5% below list price, but in today’s real estate market, one would think that these numbers might have changed.  Recently, I represented a buyer, (we’ll call her Sue), where the home she [...]

Scottsdale Real Estate – Up, Down, or Sideways

by Dru Bloomfield on April 11, 2008

Home listing prices are increasing, decreasing, and holding steady, depending on which Scottsdale zip code you live or are looking to live in.  I’ve put the following chart together (courtesy of Altos Research), so that you can see what’s been going on over the past year. For instance, in far north Scottsdale (85262), the median [...]

I’ve been working with a young couple purchasing their first home.  Like so many buyers today, they started their search on the Internet, and found me through “some social networking site, can’t remember which one”. Bright, educated, and articulate, they know what they want in a home.  Pre-approved for a loan.  Lease up in two months.  [...]

The Bright Side of (Slowly) Falling Home Prices

by Dru Bloomfield on February 22, 2008

Just read this article “Don’t Fear Falling Home Prices“, where Yale Professor Robert Shiller (of the famed Case-Shiller 20-city home price index) has an interesting insight on our current home market. “There’s nothing troubling about a gradual correction of home prices. If we keep our incomes at the current level and home prices go down [...]

Scottsdale Real Estate Assessment – A Subjective Snapshot

by Dru Bloomfield on February 19, 2008

We’ve all been hearing how slow the real estate market is. Yet, here in Scottsdale and northeast Phoenix, my business continues to grow, and I feel very fortunate.  For me, what I’ve been experiencing with my clients continues to confirm what is in print and on-line everywhere. Buyers call the shots.  Offers are low, and many buyers are hanging tough [...]

Buyers – Please Get off the Fence!

by Dru Bloomfield on January 22, 2008

Yesterday, I got a panic call from a Scottsdale agent whose clients had visited at one of my listings twice and really liked the house, but decided to delay making an offer.   The seller I represented had accepted an offer the day before, and this buyer agent’s clients were mad at her because the house was no [...]