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5 11, 2018

2 Myths Holding Back Home Buyers

By |2018-11-14T09:24:54+00:00November 5th, 2018|Buyers, Jeff Daley, Luxury Valley Homes Scottsdale, Scottsdale real estate Arizona|0 Comments

2 myths holding back home buyers - Urban Institute recently released a report entitled, “Barriers to Accessing Homeownership: Down Payment, Credit, and Affordability,” which revealed that, “Consumers often think they need to put more money down to purchase a home than is actually required. In a 2017 survey, 68% of renters cited saving for a down payment as [...]

31 10, 2018

Taking Fear Out of the Mortgage Process

By |2018-10-31T15:04:55+00:00October 31st, 2018|Buyers, Jeff Daley, Luxury Valley Homes Scottsdale, Scottsdale real estate Arizona|0 Comments

Taking fear out of the mortgage process - A considerable number of potential buyers shy away from jumping into the real estate market due to their uncertainties about the buying process. A specific cause for concern tends to be mortgage qualification. Taking Fear out of the Mortgage Process In order to qualify in today’s [...]

30 10, 2018

Are You Spending TOO Much on Rent?

By |2018-11-02T13:01:51+00:00October 30th, 2018|Buyers, Jeff Daley, Luxury Valley Homes Scottsdale, Scottsdale real estate Arizona|0 Comments

Are you spending too much on rent? - Chances are if you are renting you are spending too much of your income on your monthly housing expense. There is a long-standing ‘rule’ that a household should not pay more than 28% of their income on their rent or mortgage payment. This percentage allows the household [...]

24 10, 2018

Think You Need 15-20% Down to Buy a Home? Think Again!

By |2018-10-28T12:23:26+00:00October 24th, 2018|Buyers, Jeff Daley, Luxury Valley Homes Scottsdale, Scottsdale real estate Arizona|0 Comments

Think You Need 15-20% Down - According to a new study from Urban Institute, there are over 19 million millennials in 31 cities who are not only ready and willing to become homeowners but are able to as well! Now that the largest generation since baby boomers has aged into prime homebuying age, there [...]

23 10, 2018

Housing Is Still Affordable in the United States!

By |2018-10-28T12:16:13+00:00October 23rd, 2018|Buyers, Jeff Daley, Luxury Valley Homes Scottsdale, Scottsdale real estate Arizona|0 Comments

Housing is still affordable - Lately, there have been many headlines circulating about whether or not there is an “affordability issue forming in the housing market.” If you are considering selling your current house and moving up to the home of your dreams, but are unsure whether or not to believe what you’re seeing [...]

22 10, 2018

Will Home Prices Continue to Increase?

By |2018-10-28T12:35:18+00:00October 22nd, 2018|Buyers, Jeff Daley, Luxury Valley Homes Scottsdale, Scottsdale real estate Arizona|0 Comments

Will Home Prices Continue to Increase? Will Home Prices Continue to Increase? - There are many unsubstantiated theories about what is happening with home prices. From those who are worried that prices are falling (data shows this is untrue), to those who are concerned that prices are again approaching boom peaks because of “irrational exuberance” (this is also [...]

26 09, 2018

Cost of NOT Paying PMI

By |2018-10-28T12:51:42+00:00September 26th, 2018|Buyers, Jeff Daley, Luxury Valley Homes Scottsdale, Scottsdale real estate Arizona|0 Comments

Cost of Not paying PMI - Saving for a down payment is often the biggest hurdle for a first-time homebuyer as median incomes, rents, and home prices all vary depending on where you live. There is a common misconception among homebuyers that a 20% down payment is required, and it is this limiting belief [...]

24 09, 2018

Is Housing Affordable? – Watch the short Video

By |2018-09-24T13:50:57+00:00September 24th, 2018|Buyers, Jeff Daley, Luxury Valley Homes, Scottsdale real estate Arizona|0 Comments

Is housing affordable? -  As home prices continue to rise due to a lack of inventory, many people are becoming more concerned about housing affordability. Taking a look at NAR's Housing Affordability Index puts that concern to rest. Let's get together to go over your specific market and determine whether or not you are ready [...]

20 09, 2018

Rising Home Prices Help Build Family Wealth

By |2018-09-20T11:05:29+00:00September 20th, 2018|Buyers, Community Information, Jeff Daley, Luxury Valley Homes, Scottsdale real estate Arizona|0 Comments

Rising home prices - As home prices continue to appreciate, many potential buyers and sellers aren't sure what it really means for them. It's important to understand, however, that rising prices also means rising equity. If you're wondering what home price appreciation means for you, let's get together to discuss building your wealth today! [...]

3 08, 2018

Lending Standards | Are Propping Up Home Prices?

By |2018-08-03T10:56:28+00:00August 3rd, 2018|Buyers, Jane and Jeff Daley, Luxury Valley Homes, Scottsdale Real Estate, Scottsdale real estate Arizona|0 Comments

Lending Standards - Back in 2005, Federal Reserve Chairman Alan Greenspan described the dramatic increases in residential real estate values as a “froth in housing markets.” Greenspan went on to say: “The increase in the prevalence of interest-only loans and the introduction of more-exotic forms of adjustable-rate mortgages are developments of particular concern…some households may [...]