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9 10, 2019

Homeownership is the Top Contributor to Your Net Worth

By |2019-10-09T03:00:04-07:00October 9th, 2019|Jane E Daley, Luxury Valley Homes, Scottsdale real estate Arizona|0 Comments

Recently two U.S. Census Bureau researchers released their findings on the biggest determinants of household wealth. What they found may help shape your view on building your family’s net worth. Many people plan to build their net worth by buying CDs or stocks, or just having a savings account. Recently, however, Economist Jonathan Eggleston and [...]

8 10, 2019

What FICO® Score Do You Need to Qualify for a Mortgage?

By |2019-10-08T03:00:38-07:00October 8th, 2019|Jane E Daley, Luxury Valley Homes, Scottsdale real estate Arizona|0 Comments

It’s common knowledge that your FICO® score plays an important role in the homebuying process. However, many buyers have misconceptions regarding what exactly is required to get the loans they need. While a recent announcement from CNBC shares that the average national FICO® score has reached an all-time high of 706, the good news for [...]

7 10, 2019

62% of Buyers Are Wrong About Down Payment Needs

By |2019-10-07T03:00:55-07:00October 7th, 2019|Jane E Daley, Luxury Valley Homes, Scottsdale real estate Arizona|0 Comments

Contrary to common misconception, a down payment is often much less than many believe. According to the ‘2019 Home Buyer Report’ conducted by Nerdwallet, many first-time buyers still believe they need a 20% down payment to buy a home in today’s market: “More than 6 in 10 (62%) Americans believe you must put at least 20% down in [...]

4 10, 2019

5 Homebuying Acronyms You Need to Know [INFOGRAPHIC]

By |2019-10-04T03:00:40-07:00October 4th, 2019|Jane E Daley, Luxury Valley Homes, Scottsdale real estate Arizona|0 Comments

Some Highlights: Learning the lingo of homebuying is an important part of feeling successful when buying a home. From APR to P&I, you need to know the acronyms that will come up along the way, and what they mean when you hear them. Your local professionals are here to help you feel confident and informed [...]

3 10, 2019

3 Signs the Housing Market Is on the Rebound

By |2019-10-03T03:00:41-07:00October 3rd, 2019|Jane E Daley, Luxury Valley Homes, Scottsdale real estate Arizona|0 Comments

The residential real estate market has been plodding along for most of the year. However, three recent reports show the market may be on the verge of a rebound. The residential real estate market has been plodding along for most of the year. However, three recent reports show the market may be on the verge [...]

2 10, 2019

4 Tips to Improve Your Home and Save on Your Energy Bill

By |2019-10-02T03:00:51-07:00October 2nd, 2019|Jane E Daley, Luxury Valley Homes, Scottsdale real estate Arizona|0 Comments

By making a few key upgrades to your home, you’ll save on your utility bills and improve the energy efficiency of your home. When you’re ready to sell your house, these key features will make it even more attractive to potential buyers. As a homeowner, it’s important to keep your home running efficiently, not only [...]

1 10, 2019

What to Expect from Your Home Inspection

By |2019-10-01T03:00:33-07:00October 1st, 2019|Jane E Daley, Luxury Valley Homes, Scottsdale real estate Arizona|0 Comments

You made an offer and it was accepted. Your next task is to have the home inspected prior to closing. Agents often recommend you make your offer contingent upon a clean home inspection. This contingency allows you to renegotiate the price you offered for the home, ask the sellers to cover repairs, or in some [...]

30 09, 2019

How Does the Supply of Homes for Sale Impact Buyer Demand?

By |2019-09-30T03:00:21-07:00September 30th, 2019|Jane E Daley, Luxury Valley Homes, Scottsdale real estate Arizona|0 Comments

The latest edition of the Realtors Confidence Index from NAR sheds some light on the relationship between seller traffic (supply) and buyer traffic (demand). Until the supply of homes for sale starts to meet buyer demand, prices will continue to rise. The price of any item is determined by supply, as well as the market’s demand for the item. The National [...]