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How Has Our Market Been Doing Recently?


 
It is time to take a look at the latest market conditions. But alongside today’s update, allow me to also share a great, new listing.

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It is time to take a look back at our April real estate market. But before we get into those statistics, I want to tell you about a great new listing. 

Located at 3542 East Hazelwood Street, this 4-bed, 2-bath Phoenix property is one you will certainly want to check out for yourself. To see photos of this 2,000 square-foot, $675,000 home, click here. 



We are still in a strong seller’s market.



Now let’s get back to discussing our market. Currently, we are still in a strong seller’s market. As of April, there were 10% fewer homes on the market than in April of 2017. And there were 4% more sales year over year, as well. 

If you have any other questions, would like more information, or are curious about how market conditions will impact your real estate goals, feel free to give me a call or send me an email. I look forward to hearing from you soon.

What 3 Questions Do You Need to Ask Every Agent?


 
Before hiring a real estate agent, you need to do some vetting. Here are the questions that we recommend you ask.

Buying a Phoenix Home? Search all Homes for Sale
Selling a Phoenix Home? Check out our FREE Home Value Report

Selling or buying a home can be one of the largest transactions of your life. A trusted consultant and Realtor can be an invaluable partner to have. When you interview a Realtor to hire, here are three really good questions to ask them:

1. "How many homes have you sold in the last 12 months?" It’s interesting to find out how long an agent has been in the market, but noting their productivity in the last 12 months is a better indicator of whether or not they are a productive, full-time agent.



You want to get a sense that this agent is somebody you can trust.



2. "Can I have the contact info for your last three deals?" This question may be a surprise to the agent, but it could provide you with an honest, authentic answer to help you feel comfortable with them.

3. "What specific strategies are you going to use to get my home sold?” Some agents specialize in buyer sales. Some agents specialize in listing and selling. A specific, proven plan is essential for any buyer or seller.

To get my answers to these questions and more, feel free to reach out and give me a call or send me an email. I would love to hear from you today.

3 Reasons to Sell Your Phoenix Home This Spring


 
This spring is a great time to sell your Phoenix home. Here are three reasons why.

Buying a Phoenix Home? Search all Homes for Sale
Selling a Phoenix Home? Check out our FREE Home Value Report

Spring is my favorite time to sell real estate. If you are looking to sell your home, there are three reasons why we are in a very strong seller’s market right now: 

1. Demand continues to increase while inventory remains low. The number of homes for sale is down 8% year over year. Why? The job outlook is strong, and more millennials are coming into the market. 

2. Home prices are still surging. We have appreciated 6% year over year, and I don’t see that changing anytime soon.



Our current market is great for both buyers and sellers.


3. Interest rates are rising. Right now, interest rates are at 4.5% for a 30-year fixed mortgage. Although that is a three-year high for interest rates, it is still historically low and very affordable for buyers. I don’t know how much longer this favorable situation will last.

If you are looking to sell your home, now is a great time. Demand is high and prices are high, so our current market is very favorable for sellers. 

If you’re interested in finding out what your home is worth, we would be happy to come by and let you know what we can sell it for, how long it’s going to take, and what we’ll do to make that happen. 

If you have any other real estate questions, please don’t hesitate to give me a call or send me an email. I would be happy to help you!