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22 05, 2019

Boomerang Buyers: Don’t Be Afraid to Buy a Home Again!

By |2019-05-22T03:00:09-07:00May 22nd, 2019|Jane E Daley, Luxury Valley Homes, Scottsdale real estate Arizona|0 Comments

According to CoreLogic, from 2006 to 2014 “there were 7.3 million housing foreclosures and 1.9 million short sales.” The hesitation some Americans feel after experiencing a foreclosure brings to mind the old saying: “Fool me once- shame on you. Fool me twice- shame on me.” According to the 2019 Home Buyer Report from NerdWallet, “Thirteen [...]

21 05, 2019

Are Older Generations Really Not Selling Their Homes?

By |2019-05-21T03:00:07-07:00May 21st, 2019|Jane E Daley, Luxury Valley Homes, Scottsdale real estate Arizona|0 Comments

Many studies suggest one of the main reasons for the inventory shortage in today’s market of homes for sale is that older generations have chosen to “age in place” over moving. The 2019 Home Buyers & Sellers Generational Trend Report by NAR clarifies this point! NAR’s findings show that Baby Boomers (43%) and the Silent [...]

20 05, 2019

Starting the Search for Your Dream Home? Here Are 5 Tips!

By |2019-05-20T03:00:40-07:00May 20th, 2019|Jane E Daley, Luxury Valley Homes, Scottsdale real estate Arizona|0 Comments

In today’s real estate market, low inventory dominates the conversation in many areas of the country. It can often be frustrating to be a first-time homebuyer if you aren’t prepared. In a realtor.com article entitled, “How to Find Your Dream Home—Without Losing Your Mind,” the author highlights some steps that first-time homebuyers can take to help carry their excitement [...]

16 05, 2019

What is Really Happening with Home Prices?

By |2019-05-16T03:00:04-07:00May 16th, 2019|Jane E Daley, Luxury Valley Homes, Scottsdale real estate Arizona|0 Comments

Home values have softened over the last twelve months. We are no longer seeing 6-7% annual appreciation levels for the national housing market. The current numbers are closer to 4%. Some have suggested that year-over-year appreciation levels could fall to 3% or less this year. However, a stronger-than-expected economy and a good spring housing market [...]

14 05, 2019

New Research Shows Housing Is Affordable For First-Time Buyers

By |2019-05-14T03:00:00-07:00May 14th, 2019|Jane E Daley, Luxury Valley Homes, Scottsdale real estate Arizona|0 Comments

Home prices have been on the rise for the last seven years, leading many housing market analysts to conclude that first-time homebuyers are being shut out of the market due to affordability concerns. The National Association of Realtors (NAR) reports on the percentage of First-Time Home Buyers (FTHB) on a monthly and yearly basis. Their [...]

13 05, 2019

A Lack of Inventory Continues to Impact the Housing Market

By |2019-05-13T03:00:48-07:00May 13th, 2019|Jane E Daley, Luxury Valley Homes, Scottsdale real estate Arizona|0 Comments

The housing crisis is finally in the rear-view mirror as the real estate market moves down the road to a complete recovery. Home values are up and distressed sales (foreclosures and short sales) have fallen to their lowest point in years. The market will continue to strengthen in 2019. However, there is one thing that [...]

10 05, 2019

A Tale of Two Markets [INFOGRAPHIC]

By |2019-05-10T03:00:16-07:00May 10th, 2019|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 [...]

9 05, 2019

Mainstream Concerns about an Economic Slowdown Revisited

By |2019-05-09T03:00:05-07:00May 9th, 2019|Jane E Daley, Luxury Valley Homes, Scottsdale real estate Arizona|0 Comments

Recently, we reported that many believe a recession could happen within the next two years. We explained that 70% of economists and market analysts surveyed last year believe that a recession will occur in 2019 or 2020 and that 42% of consumers currently looking to purchase a home also agree that a recession will occur [...]