If you are considering buying a home with financing, your first question may be regarding the size of the downpayment. We are commonly asked about down payment requirements. Each lender is, of course, different and has different requirements. It is always best to get your information directly from your bank or lender about their particular […]
Arizona Leads the Way As Home Prices Are Up Across the US
Over the past year, home prices have been on the rise. This is the first year that prices have risen nationwide since 2006. Across the US, home prices are up 4.6 percent since last August, which is a good sign for the fledgling economy as a whole. In times past, Arizona has been the hyperbole […]
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 […]
New Hiking Trail Open In Scottsdale
The brand new Tom’s Thumb Trailhead in the McDowell Sonoran Preserve opened this week to great excitement. The trail is 3 miles South of Dynamite on 128th Street. You can now hike to the north reaches of the McDowell Mountain with the 5 new miles of multiuse trails. Scottsdale Mayor Jim Lane held a ribbon […]
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 […]
The Phoenix Real Estate Market is UP! But Up is a Relative Term
Yes, the media has gone gaga, and not just locally, but also nationally about how much the Metro Phoenix (including Scottsdale) market is up year over year. Up is a relative term though. Yes, it’s up 25% roughly at the median and mean price points, but it was also down around 60% so now that […]
Percentage of “Regular” Sales Increase as Foreclosures Decrease
Normal resales of homes, that are not short sales or foreclosures, currently represent 57% of the market. That is the highest percentage for “Normal Sales” in five years! Foreclosures were dominating the Scottsdale real estate market for many years during the crash. That has completely changed. The number of foreclosures on the market has plummeted […]
Number of Scottsdale Homes for Sale Way Down
Check out the newest graph published by the Arizona Regional MLS board. This graph makes it blatantly obvious how few homes are on the market this year compared to the last two years. During the first quarter of 2010 there were 37,530 homes for sale. During the same quarter of 2011 there were 32,657 homes […]
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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.
