Think Twice Before Waiting for 3% Mortgage Rates

By: Keeping Current Matters Last year, the Federal Reserve took action to try to bring down inflation. In response to those efforts, mortgage rates jumped up rapidly from the record lows we saw in 2021, peaking at just over 7% last October. Hopeful buyers experienced a hit to their purchasing power
Read MorePre-Approval in 2023: What You Need To Know

By: Keeping Current Matters One of the first steps in your homebuying journey is getting pre-approved. To understand why it’s such an important step, you need to understand what pre-approval is and what it does for you. Business Insider explains: “In a preapproval [sic], the lender tells you which
Read MorePhoenix real estate market falls out of the top 10

By: ABC 15 Arizona PHOENIX — For the fifth straight month, the Case Shiller index for the Phoenix market has fallen. Even with the most recent fall, home prices are still higher than at the same time last year. In November the Case Shiller index for Phoenix fell almost 2% from the previous month. Th
Read MoreHow Long Does It Take to Save Up for a Down Payment?

By: The New York Times The biggest barrier to homeownership for many prospective buyers isn’t the monthly mortgage bill, but the steep down payment. The 20 percent required to qualify for a typical mortgage for a median-price home in the United States (roughly $455,000) comes to about $91,000 — a f
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By: TEAM GRAFF AJ's Fine Foods is a gourmet grocery store located in Arizona, United States. It is known for its high-quality products, exceptional customer service, and wide selection of gourmet foods, organic produce, and specialty items. The store offers a unique shopping experience, with a focu
Read More Considerations in buying condo

By: The Manila Times FOR families and individual dwellers, living in a condominium is an excellent option as it offers security, amenities and convenient living. While for investors, condos offer investment with potential for high-value appreciation and provide self-sustaining investment through sh
Read MoreDon't Fall For These 7 Common Misleading Tactics in New Launch Condo Sales

By: Stacked Tighter regulations and bodies like CEA mean that the property market is not longer the wild frontier it used to be, like back in ther 70a and 80s. But however much the government tries to regulate, clever marketing finds a way. The following may not be illegal, but for the first time ho
Read MoreIs It Possible For Green-Thumbed Garden Lovers to Enjoy Living In A Condo?

By: Women Fitness Magazine Is It Possible For Green-Thumbed Garden Lovers to Enjoy Living In A Condo? : Condos are a very unique property type that yield many advantages, but one of the biggest turnoffs for some people – particularly those who love all things green – is not having a garden. This is
Read More11 Useful Tips To Check Out Before Buying An Old Condo: A Comprehensive Checklist

By: Stacked As of 2023, new launches averaging $2,000 psf have priced out a great many home buyers; even HDB upgraders. And although the pandemic seems to be behind us (fingers crossed), the demand for bigger homes has still continued unabated. The eventual conclusion: an older resale condo, where
Read MoreSOLD! 2841 East Killarney Street Gilbert, AZ 85298

PROPERTY HIGHLIGHTS: 4 Bedrooms 2.5 Baths 3 - Car Garage Built in 2015 2,675 sqft Covered Backyard Patio I’m Scott Graff with TEAM GRAFF with Real Broker. Welcome to 2841 East Killarney Street Gilbert, AZ 85298. With absolutely exquisite curb appeal, this home boasts nearly 2,700 square feet
Read MoreHere’s why Metro Phoenix is on the way to becoming a Tier 1 market

By: AZ Big Media After the pain of the Great Recession, Arizona resolved to reinvent and diversify its industrial landscape to create a more resilient economy and put itself on the path to becoming a Tier 1 market. No single person or entity can take sole credit for this shift in priorities; it was
Read MoreCondos Becoming an Alternative Trend for Homebuyers

By: DS News According to a new Point2 study, when the pandemic forced many Americans to settle into remote work, single family homes — preferably with a backyard — became a fast-growing trend for homebuyers. Consequently, homebuyers went into a real house hunting frenzy, jumpstarting a period of bi
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By: AZ Big Media It’s no secret, the housing market can be difficult to navigate in its current state. The average rate for a 30-year fixed mortgage rate is 6.56%, and Phoenicians are experiencing a 12% inflation rate increase from last year. But as expenses have risen, inventory has gone up and ho
Read More 10 hottest neighborhoods for home sales in Arizona

By: AZ Big Media 2022 was a year that saw wild swings in the residential real estate market. People were on the move, but where were they headed and why? Opendoor analyzed its data to determine the top ZIP codes in Arizona and the hottest neighborhoods for home sales in Metro Phoenix. Top ZIP codes
Read MoreThe common responsibilities of a condo owner

By: AZ BIg Media Living in a condo is without a doubt a dream come true, especially if it has all the features and amenities you had in mind for your own. Geographical convenience, fewer maintenance responsibilities, and enhanced security are the key advantages of owning and living in a condominium
Read MorePhoenix condo prices are falling faster than in other parts of the country

By: Axios Phoenix Condo prices in Phoenix's largest suburbs dropped more than single-family home prices last year, bucking the trend seen in most other major metro areas. What's happening: Home prices have cooled off since the Federal Reserve began raising interest rates early last year. New data
Read MoreDave Ramsey Says These Are the Pros and Cons of Condo Ownership. Is He Right?

By: The Ascent Key points Condo ownership means purchasing a unit in a shared building. You own your own condo unit, but the ownership of the rest of the building and grounds is shared. Condos usually cost less than houses, but they also come with a lack of privacy. If you are thinking about buying
Read MoreHere is Arizona’s economic outlook for 2023

By: AZ Big Media Merriam-Webster’s 2022 word of the year was gaslighting — a form of deceit where someone is manipulated into questioning the validity of their own reasoning — but there was a well-known noun burning in the minds of many last year: inflation. Indeed, December’s Consumer Price Index
Read More5 Metro Phoenix zip codes switch from homeowner to renter majority

The American dream of homeownership has been rehashed throughout the past decade, with more households renting than at any point in the last 55 years. Although renting was previously considered an alternative brought on solely by circumstances, one-third of this decade’s renters now say that it’s a
Read More7 real estate trends to watch in 2023

By: AZ Big Media 2022 was still a wild ride when it comes to Phoenix real estate. Coming off of a pandemic-fueled housing market presented its challenges for buyers and sellers alike. Demand was high and interest rates were low, sparking bidding wars between prospective buyers that progressively dr
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