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20 03, 2020

A Recession Does Not Equal a Housing Crisis

By |2020-03-20T03:00:53-07:00March 20th, 2020|Jane E Daley, Luxury Valley Homes, Scottsdale real estate Arizona|0 Comments

Some Highlights The COVID-19 pandemic is causing an economic slowdown. The good news is, home values actually increased in 3 of the last 5 U.S. recessions and decreased by less than 2% in the 4th. All things considered, an economic slowdown does not equal a housing crisis, and this will not be a repeat of [...]

19 03, 2020

Are We About to See a New Wave of Foreclosures?

By |2020-03-19T03:00:00-07:00March 19th, 2020|Jane E Daley, Luxury Valley Homes, Scottsdale real estate Arizona|0 Comments

With all of the havoc being caused by COVID-19, many are concerned we may see a new wave of foreclosures. Restaurants, airlines, hotels, and many other industries are furloughing workers or dramatically cutting their hours. Without a job, many homeowners are wondering how they’ll be able to afford their mortgage payments. In spite of this, [...]

18 03, 2020

Three Reasons Why This Is Not a Housing Crisis

By |2020-03-18T03:00:44-07:00March 18th, 2020|Jane E Daley, Luxury Valley Homes, Scottsdale real estate Arizona|0 Comments

In times of uncertainty, one of the best things we can do to ease our fears is to educate ourselves with research, facts, and data. Digging into past experiences by reviewing historical trends and understanding the peaks and valleys of what’s come before us is one of the many ways we can confidently evaluate any [...]

17 03, 2020

Two Big Myths in the Homebuying Process

By |2020-03-17T03:00:19-07:00March 17th, 2020|Jane E Daley, Luxury Valley Homes, Scottsdale real estate Arizona|0 Comments

The 2020 Millennial Home Buyer Report shows how this generation is not really any different from previous ones when it comes to homeownership goals: “The majority of millennials not only want to own a home, but 84% of millennials in 2019 considered it a major part of the American Dream.” Unfortunately, the myths surrounding the [...]

16 03, 2020

5 Simple Graphs Proving This Is NOT Like the Last Time

By |2020-03-16T03:00:56-07:00March 16th, 2020|Jane E Daley, Luxury Valley Homes, Scottsdale real estate Arizona|0 Comments

With all of the volatility in the stock market and uncertainty about the Coronavirus (COVID-19), some are concerned we may be headed for another housing crash like the one we experienced from 2006-2008. The feeling is understandable. Ali Wolf, Director of Economic Research at the real estate consulting firm Meyers Research, addressed this point in [...]

11 03, 2020

Confidence Is the Key to Success for Young Homebuyers

By |2020-03-11T03:00:41-07:00March 11th, 2020|Jane E Daley, Luxury Valley Homes, Scottsdale real estate Arizona|0 Comments

Buying your first home can seem overwhelming. Thankfully, there’s a lot of great information out there to help you feel more confident as you learn about the process. For those in younger generations who aspire to buy, here are three things to consider sooner rather than later in your journey: 1. Understand What it Takes [...]

10 03, 2020

Equity Gain Growing in Nearly Every State

By |2020-03-10T03:00:16-07:00March 10th, 2020|Jane E Daley, Luxury Valley Homes, Scottsdale real estate Arizona|0 Comments

Rising home prices have been in the news a lot lately, and much of the focus is on whether they’re accelerating too quickly and how sustainable the growth in prices really is. One of the often-overlooked benefits of rising prices, however, is the impact they have on a homeowner’s equity position. Home equity is defined [...]

9 03, 2020

New Homes Coming to the Housing Market This Year

By |2020-03-09T03:00:24-07:00March 9th, 2020|Jane E Daley, Luxury Valley Homes, Scottsdale real estate Arizona|0 Comments

The number of building permits issued for single-family homes is the best indicator of how many newly built homes will begin to come to market over the next few months. According to the latest U.S. Census Bureau and U.S. Department of Housing & Urban Development Residential Construction Report, the number of building permits issued in January was 1,551,000. This is a [...]

7 03, 2020

The Difference an Hour Makes

By |2020-03-07T11:57:08-07:00March 7th, 2020|Buyers, Luxury Valley Homes Scottsdale, Market Trends, Scottsdale Real Estate Arizona|0 Comments

The Difference an Hour Makes [INFOGRAPHIC] Some Highlights: Don’t forget to set your clocks forward this Sunday, March 8 at 2:00 AM EST in observance of Daylight Saving Time, unless you’re a resident of Arizona or Hawaii! Every hour in the United States, 568 homes are sold and median home values rise by $1.92. As [...]