Blog

/Blog/
7 12, 2018

The Tale of Two Markets [INFOGRAPHIC]

By |2018-12-07T04:00:26+00:00December 7th, 2018|Jane E Daley, Luxury Valley Homes, Scottsdale real estate Arizona|0 Comments

Some Highlights: An emerging trend for some time now has been the difference between available inventory and demand in the premium and luxury markets and that in the starter and trade-up markets and what those differences are doing to prices! Inventory continues to rise in the luxury and premium home markets which is causing prices [...]

6 12, 2018

2008 vs. Now: Are Owners Using Their Homes as ATMs Again?

By |2018-12-06T04:00:21+00:00December 6th, 2018|Jane E Daley, Luxury Valley Homes, Scottsdale real estate Arizona|0 Comments

Over the last six years, we have experienced strong price appreciation which has increased home equity levels dramatically. As the number of “cash-out” refinances begins to approach numbers last seen during the crash, some are afraid that we may be repeating last decade’s mistake. However, a closer look at the numbers shows that homeowners are [...]

4 12, 2018

Homeowners Aged 65+ Have 48x More Net Worth Than Renters

By |2018-12-04T04:00:16+00:00December 4th, 2018|Jane E Daley, Luxury Valley Homes, Scottsdale real estate Arizona|0 Comments

Every three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all economic and social groups. Their latest survey data covers responses from 2013-2016. The study revealed that the median net worth of a homeowner was $231,400 – a 15% increase since 2013. At the same time, the median net worth of [...]

3 12, 2018

4 Reasons to Buy A Home This Winter!

By |2018-12-03T04:00:15+00:00December 3rd, 2018|Jane E Daley, Luxury Valley Homes, Scottsdale real estate Arizona|0 Comments

Here are four great reasons to consider buying a home today instead of waiting. 1. Prices Will Continue to Rise CoreLogic’s latest Home Price Insight report revealed that home prices have appreciated by 5.6% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 4.7% over the next year. [...]

30 11, 2018

Home Prices Up 6.34% Across the Country! [INFOGRAPHIC]

By |2018-11-30T04:00:55+00:00November 30th, 2018|Jane E Daley, Luxury Valley Homes, Scottsdale real estate Arizona|0 Comments

Some Highlights: The Federal Housing Finance Agency (FHFA) recently released their latest Quarterly Home Price Index report. In the report, home prices are compared both regionally and by state. Based on the latest numbers, if you plan on relocating to another state, waiting to move may end up costing you more!

29 11, 2018

Further Proof It’s NOT 2008 All Over Again

By |2018-11-29T04:00:21+00:00November 29th, 2018|Jane E Daley, Luxury Valley Homes, Scottsdale real estate Arizona|0 Comments

Home sales numbers are leveling off, the rate of price appreciation has slowed to more historically normal averages, and inventory is finally increasing. We are headed into a more normal housing market. However, some are seeing these adjustments as red flags and are suggesting that we are headed back to the same challenges we experienced [...]

28 11, 2018

24% of Renters Believe Winter is the Best Time to Buy a Home

By |2018-11-28T04:00:49+00:00November 28th, 2018|Jane E Daley, Luxury Valley Homes, Scottsdale real estate Arizona|0 Comments

In real estate, the spring is often seen as the ideal time to buy or sell a house. The term “Spring Buyer’s Season” exists for a reason, as renters and those looking to move on from their current home thaw out from the winter and hit the market ready to buy. According to Bank of [...]

27 11, 2018

The #1 Reason to Not Wait Until Spring to Sell Your House

By |2018-11-27T04:00:42+00:00November 27th, 2018|Jane E Daley, Luxury Valley Homes, Scottsdale real estate Arizona|0 Comments

Many sellers believe that spring is the best time to place their homes on the market because buyer demand traditionally increases at that time of year, but what they don’t realize is that if every homeowner believes the same thing, then that is when they will have the most competition! The #1 Reason to List [...]

26 11, 2018

Buyers: Don’t Be Surprised by Closing Costs!

By |2018-11-26T04:00:12+00:00November 26th, 2018|Jane E Daley, Luxury Valley Homes, Scottsdale real estate Arizona|0 Comments

Many homebuyers think that saving for their down payment is enough to buy the house of their dreams, but what about the closing costs that are required to obtain a mortgage? By law, a homebuyer will receive a loan estimate from their lender 3 days after submitting their loan application and they should receive a [...]