We are seeing more and more people paying cash for their homes in Scottsdale. Cash buyers make up a large percentage of all real estate transactions in Maricopa County. The reasons for this vary depending on the price level. At the low end of the market, many investors pay cash for homes as an additional […]
Declining Foreclosures and Short Sales in Scottsdale and Phoenix
Foreclosures and short sales continue to be on the decline in Scottsdale and Phoenix. The number of normal sales is at the highest point in the last 5 years with 61% of all sales. This is a huge shift in the market from just a year and a half ago when foreclosures and short sales […]
Over 20% of Phoenix Residents Moved Last Year
Over 21% of Phoenix residents moved during 2011. Wow – stop and think about that for a moment. One in 5 people in Phoenix are living in a different home in 2012 than they were in 2011. Phoenix has among the lowest residential stability rates among major cities in the US. Only Austin and Las […]
4 “New” Rules When Shopping for Scottsdale Homes
Since the Scottsdale housing market has turned around this year, buyers are finding they are in a whole new game. If you want to be successful in buying a Scottsdale home, these are four new “rules” that you should consider: 1. Lowball offers are usually a waste of time: Lowball offers that are significantly lower […]
Low Ball Offers for Scottsdale Homes a Thing of the Past?
During 2011, low ball offers were fairly common in Scottsdale AZ. Realtors wouldn’t blink when they received a low ball offer. In fact, 10% of Realtors said they received at least one low ball offer on one of their listed homes. A low ball is usually considered an offer that is more than 25% off […]
Home Prices Rise Nationwide As Phoenix Leads The Charge
Rising home prices are an important indicator that the housing market is recovering. Since July, the U.S. has seen home prices rise, mortgage and foreclosure rates fall and increased optimism and confidence in homeowners, home buyers, and home builders. Home prices nationwide rose 1.2 percent in July over the same time period last year. Reports […]
Mortgage Rates Drop Again
As if you needed yet another reason to jump into the Scottsdale real estate market, mortgage rates dropped yet again. The rate for a 30-year fixed mortgage touched its record low this week and the rate on 15-year mortgage hit a new record. The average rate on the 30-year loan declined to 3.49%. The average […]
Scottsdale and Phoenix Leads The U.S. In July Home Price Increase
According to the Standard & Poor’s Case Shiller index, home prices across the nation were up 1.2 percent in July. This study is based on half of the homes in the U.S. It measures home prices compared with those in January 2000 and creates a three-month moving average. The rise in July is the second […]
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Voted in the Top 3 Real Estate Agents in Arizona by the readers of Ranking Arizona Magazine, 2015-2025. Her background as an Attorney gives her special expertise with contracts and negotiations. Carmen has a proven track record of success with buyers and sellers in Scottsdale.
