Real Estate Professionals
There has been a lot of confussion around the real estate class action legal rulings regarding agency commission. The reasons the charges were brought to bare, the background of agency representation and how the listing contract affects everyone involved. How Real Estate Agency Works It is helpful to understand the basis for the foundations of […]
The VA Home Loan is the most powerful home buying tool on the market. It—and the GI Bill—literally reshaped post-War America, and it’s a big reason why the historic VA Loan Guaranty Program has surged since the housing crash. Despite generations of historic success, though, several myths and misconceptions deter millions of Veterans and Servicemembers […]
Phoenix Valley is a hot commodity (no pun intended!) Buyers are relocating and retiring here from just about everywhere. Corporate HQ relocation, high job growth, dry climate and amazing resources make this America’s go to destination today and in the future. When People Have to Move… Our home inventory continues to be low making good […]
Unusual Housing Market Dynamics Contributing to Stall in Consumer Sentiment HPSI’s Low-Level Plateau Continues as Consumers Remain Frustrated by Lack of Affordability The Fannie Mae Home Purchase Sentiment Index® (HPSI) remained effectively unchanged in August, as consumer confidence toward housing continued along the low-level plateau set earlier this year. Three of the HPSI’s six components increased month over […]
1. Mesa, Arizona Median Home Value: $424,977 Median Home Listing Price YoY Increase: 26.40% State HPI Increase (from Q4 2020 to Q4 2021): 27.99% Population Growth (from 2010 to 2020): 14.85% Mesa’s population growth can be attributed to its sunny weather and booming economy. It has parks, lakes and forests, making it a great home […]
You may see media coverage talking about a drop in homeowner equity. What’s important to understand is that equity is tied closely to home values. So, when home prices appreciate, you can expect equity to grow. And when home prices decline, equity does too. Here’s how this has played out recently. Home prices rose rapidly […]
2-10 Home Warranty explains the freon ban now in place… On January 1, 2020, the Environmental Protection Agency’s (EPA) ban on Freon® went into full effect. This ban forbids the production or import of Freon (also called R-22) throughout the United States. Since many air conditioning units manufactured before 2010 use Freon, your Buyers and […]
Governor Whitmer Eliminates Remaining Real Estate Limitations and Reopens Much of the State. Today, Governor Gretchen Whitmer signed Executive Order 2020-110, rescinding her “Safer at Home” Order, and moving the entire state to phase four of the MI Safe Start Plan. This action removes most of the restrictions that real estate brokerages and clients have been operating […]
5 Nonlazy Reasons to Skip Remodeling Before You Sell Home sellers often hear that if they ever hope to find a buyer, they must whip their house into perfect shape—fix this, paint that, overhaul your horribly outdated kitchen. But just looking at the list of renovations is exhausting! This leads many to wonder: Do I really […]
…and What Sellers Can Do To Prevent It! We’ve talked about surprising home features buyers LOVE, and about why buyers aren’t biting on today’s market, despite it being highly affordable. But we haven’t talked much about the characteristics of sellers, listings and homes that turn buyers all the way off. Well, not until now! Here […]