Are Cash Offers Always the Best Option?

 

Is a cash offer always best? Not always. I’ll go over when a cash offer is and isn’t necessarily your best option when selling your home.

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As a seller, is a cash offer always your best option? You may be surprised, but the answer is no.

Cash offers are great if you need a fast close and don’t care about getting the absolute best price the market will bare. However, if you do want top dollar for your home sale, we will take about 90 days from start to finish.

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We know how to find you the right buyer.

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We know how to find you the right buyer in either situation. Whether you have time or need a quick close, we’ll make sure you get everything you want out of your home sale.

If you are looking to buy or sell a home, or if you have any questions, don’t hesitate to give us a call or send us an email. We look forward to hearing from you!

How to Take Advantage of the Hot Spring Selling Season

 

We’re heading into the hottest home selling season of the year here in Maricopa County. This year will be an especially great one for anyone selling their house.

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Selling a Phoenix Home? Check out our FREE Home Value Report

Do you know when the highest number of home sales happen here in Maricopa County? The spring season!

More specifically, the spring real estate season is March through June, meaning the homes selling at this time would have gone under contract sometime between February and May.

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We’re heading into the best selling months of the whole year.

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That means right now, we’re heading into our two best selling months, which is always an exciting time for sellers. In fact, last March, we had a record 9,275 home sales.

This graph provides a little more statistical detail that I’d be happy to answer any questions about:

One of the main reasons for all this good news for homeowners is simple supply and demand. We have a lot of demand from homebuyers even though interest rates have gone up. The supply of inventory levels, however, is extremely low. In fact, it’s lower than it’s been at any point in the last two years.

If you’re thinking about selling your house, I’d love to speak with you about what it could sell for in this market and how we can help you. Just give me a call or send me an email today!

The True Story About the Post-Election Phoenix Market

 

We've started to see that many of the experts were wrong in their predictions about the Phoenix real estate market post-election. Here's the scoop on what our market is actually experiencing.

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Selling a Phoenix Home? Check out our FREE Home Value Report

Much like the election itself, most experts were wrong in their predictions about the real estate market post-election.

We predicted a slower market and less buyer demand due to rising interest rates, but the reality is that we're in a strong, exciting, and dynamic market here in Phoenix. Looking back, 2016 was a better year than 2015 and we're going to have an even better year this year.

A few particular numbers show why our market is so dynamic and strong.

The monthly number of sold homes in January was 7,000, which is a 4% year over year increase. New inventory went up 6% above last year's inventory levels, and total inventory is up to 22,000 homes.

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Home values appreciated by 5.5% in 2016.

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The number of months of supply in Phoenix is at three months, making it a strong seller's market. The average time it takes to sell a house is running at 77 days.

Experts agree that mortgage interest rates will fluctuate between 4% and 5%. Additionally, foreclosure activity in our county has declined for seven straight years since 2009, which is wonderful.

Finally, home prices have appreciated 5.5% in 2016.

If you have any questions about the Phoenix market or you're looking to buy or sell a home, I'm here to serve you. Just give me a call or send me an email. I look forward to hearing from you!