What’s Going on in the Real Estate Market?

Realtor.com has predicted the Phoenix metro area will be the healthiest and hottest market in 2017!

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According to Realtor.com, in 2017, the Phoenix metro area will be the healthiest and hottest market in the country!

What factors put our market above the rest? For starters, we’ve had a nice steady stream of sales. We also have a tighter inventory, tighter new home sales supplies, and a steady increase in prices. Additionally, our foreclosure rates have dropped to record lows, which is something the Phoenix market has needed for a long time to get back on track.

Many of the homes here in Phoenix are owned by out of state investors, and we do expect to see some of those come on the market in 2017. However, there are a few things you should know if you are a Phoenix resident and want to sell your home.

It’s going to be a great market to jump into.

It’s very important to make sure your home is in tip-top shape. Although we don’t have that much inventory, I’ve found that buyers don’t really have a sense of urgency. They are okay with where they’re at, but of course would move if they found a home that more closely fit their needs. However, they are not afraid to wait out the market to find that perfect home. So, if you are looking to sell, make sure your home is market ready.

Interest rates are still historically low as well, so whether you are looking to buy or sell a home, it’s going to be a great market to jump into.

If you are looking to buy or sell your home, or if you have any questions about our market, feel free to give us a call or send us an email. We would be happy to help!

3 Easy Maintenance Tips for Your Phoenix Home

There are three common home maintenance issues that you should look out for this fall, but lucky for us, Mike is here to tell us how to fix them.

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I’m joined today by Mike from Alliance Contracting, LLC who is here to discuss a few key home maintenance tips. Mike does a lot of work for my team as well many of our homeowners, handling everything from small handyman tasks to major remodels. Today, he’s going to share the three most common home maintenance issues he’s run into so that homeowners know which ones they should be aware of.

1. Make sure your garbage disposal is working properly. A broken garbage disposal can put quite a damper on your holiday activities this season, especially when hosting guests. For this reason, it’s important to take a close look at the garbage disposal, make sure there are no cracks in the housing underneath the sink and check to make sure that it’s not leaking, since leaks can lead to even more problems. Keeping blades clean and free of gunk is crucial as well. Remember that when using the garbage disposal, it’s best to always have the water running and to only add items into it in small increments.
2. Check your smoke detectors, air filters, and HVAC systems. Obviously, we all know to change the batteries in our smoke detectors, but one thing to remember, especially when lighting candles or cooking, is that the sensors in your smoke detectors only have a life of about 10 years. This means that if your home was built 25 years ago, it may be worth thinking about changing out your smoke detector.
3. Add another coat of paint to your home’s exterior. This will help extend the life of your woodwork and trim on the outside of your house. Sun damage and dry rot are problems in the Arizona climate because we are exposed to a lot of UV light, and an extra coat of paint will help protect it from that. The weather right now is perfect for getting outside and painting too!

Remember, a smoke detector’s sensor only lasts about 10 years.

If you have any other home maintenance questions for Mike, give him a call at (602) 359-6300. In the meantime, if you have any other questions related to Phoenix real estate, give me a call or send me an email anytime. I’d be happy to help you!

How We Stayed Supportive and Helped Shawn Quickly Purchase a New Home

“Everything was wonderful. Everything worked smoothly. It couldn’t have gone faster and she just did an amazing job. I would recommend her to anyone. She was always polite and always supportive. She was just wonderful.”