By: inman  At the height of the Great Recession, the most Googled job search was for real estate agent. And why not? The job offers flexibility and the opportunity to build a business within a well-defined existing framework. What new agents find, though, once they’re in the industry is that “real e

If you’re thinking about buying a home, be sure to plan for closing costs. Closing costs are typically 2% to 5% of the total purchase price of a home, and they can include things like government recording costs, appraisal fees, and more. Let’s connect so I can answer your questions about the homebuy

While it’s still important to stay on top of the market and be prepared to move quickly, there can be more flexibility today. Lean on the advice of your agent as you explore the options in your market.

By: Bankrate  A state that’s synonymous with year-round sunshine and expansive desert landscapes, Arizona is the 14th most populous state in the country — and growing. Over the past decade, it has attracted more than 860,000 new residents, increasing Arizona’s population by 13.4 percent. Whether you

By: AZ Big Media  Buying your first home can be an exciting, yet expensive process, especially if that home is in Arizona. The median home price in The Grand Canyon state is currently $450,000, according to January 2023 data from real estate brokerage Redfin. For first-time buyers on a budget, that

By: AZ Big Media  Higher mortgage rates dealt massive damage to home buyers’ purchasing power last year, but affordability is trending up as we head into home shopping season, a new Zillow analysis shows. In Phoenix, what a buyer could afford with a $3,000-a-month mortgage has recovered by 287 squar

By: Bankrate If you’re thinking about buying a house in Arizona, your search probably includes Phoenix. The metro area is home to 67 percent of the state’s entire population, and it is growing fast. In fact, Phoenix welcomes around 200 new residents each day. If you want to be part of that crowd, re

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

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

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

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

By: AZ Big Media  The real estate market in Phoenix has been on fire over the last few years but it has recently started to cool and balance due to increasing interest rates. While homebuyers in Phoenix previously lacked control and were constantly stuck in bidding wars, the tides have officially tu

By: AZ Big Media  After all the penny pinching, house hunting and mortgage application paperwork, closing costs can sneak up on you during the home buying process. Closing costs, the fees you pay your lender, are generally 3 to 5 percent of the loan amount and may include title insurance, appraisals

By: Keeping Current Matters  Did the frequency and intensity of bidding wars over the past two years make you put your home search on hold? If so, you should know the hyper competitive market has cooled this year as buyer demand has moderated and housing supply has grown. Those two factors combined

By: AZ Big Media  The housing market is rapidly rebalancing, but buyers and sellers are struggling to keep up with the changes. A new Zillow survey of real estate agents finds the most common misconception among would-be buyers is that home prices will crash, while sellers are holding on to outdated

By: AZ Big Media  One of the hardest things to know when you’re moving to a new city is finding out which neighborhoods are the most affordable. Whether you live in the area or are new to Phoenix, we make it easy for you to get a sense of some of the best neighborhoods — and most affordable areas to

By: AZ Big Media  In retirement, many older adults opt to purchase homes in multiple locations. “Sunbirds” purchase homes to get away from the harsh summer in their state and “snowbirds” purchase homes to get away from intense winter weather. Arizona is home to many “snowbirds” who are retiring in A

By: AZ Big Media  The housing market of the last two years has been unusual in many ways. With constrained supply, intense demand, and record price growth, the market has consistently defied experts’ expectations and typical trends. And one way these aberrations have shown up is in seasonality. So,