Kinzie Kotthoff - AZ Realtor

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Kinzie Kotthoff - AZ Realtor Kinzie Kotthoff | Living In State 48
Arizona REALTOR® with Real Broker
People. Real Estate. Adventure.🌵
480.450.4593 | [email protected]

Merry Christmas from the Kotthoffs🎄2023 has been an amazing year filled with fun trips, a successful year in real estate...
26/12/2023

Merry Christmas from the Kotthoffs🎄2023 has been an amazing year filled with fun trips, a successful year in real estate and many great memories with friends and family!

Market Update for March and what you need to know👇🏼We are continuing to see a decrease in inventory, as buyer demand has...
07/03/2023

Market Update for March and what you need to know👇🏼We are continuing to see a decrease in inventory, as buyer demand has increased. (When buyer demand rises, inventory lowers.) Multiple cities in Maricopa County have switched from a slight seller’s market to a strong seller’s market (Gilbert, Chandler, Mesa, Phoenix, Tempe). If this strong Seller’s market trend continues, watch for upward pricing pressure in the near future.

Here is a snapshot of what homeowners and homebuyers should expect:

Sellers 👉🏼 Expect competition with other homes on the market. Listing your home at the correct price is so important, so your home doesn’t sit on the market (median days on market for Feb was 33 days) or have multiple price reductions. Seller concessions are offered to help buyers with closing costs or rate buy downs, and may be a way to set you apart from your competition. Home appreciation is still projected, but at a slower pace than what we have seen in previous years.

Buyers 👉🏼 Inventory has continued to decrease and we are seeing multiple offers on properties. As interest rates have increased in February, we are still seeing seller concessions to buyers, with a median concession of $9K for the month of February. This is usually offered to help buyers with closing costs and/or rate buy downs. For First-Time Home Buyers: Mortgage Insurance Premiums were reduced on FHA loans in February 🎉 (I’d love to help walk you through this)!

If you have any questions, drop me a DM! Don’t be frightened by uneducated headlines - do your research, and make sure you are knowledgeable about what is actually happening in this ever-changing market.

I don’t have a crystal ball, but this is what the numbers are showing from Altos Research, Inc. on March 7, 2023 🤓

Officially closed on this newly renovated 1959 home, perfectly located just outside of Midtown Phoenix! We got under con...
02/03/2023

Officially closed on this newly renovated 1959 home, perfectly located just outside of Midtown Phoenix! We got under contract for $16K below asking and even got a seller credit to help cover some costs for my buyer! No corners were cut with this renovation and I am so excited my buyer fell in love with this property!

Here are some special facts about the home:

• Over 2,300 SqFt of pavers!
• Two master suites with large walk-in closets!
• Brand new plumbing, electrical, roof, appliances, water heater and AC!
• My buyer is the third owner of the property!
• All warranties conveyed to the buyer!
• Buyer got to keep all plans from the renovation!
• Seller graciously took the time to answer questions, explained the irrigation and sprinkler systems, and even gave the buyer a gift!

My buyer and I met at an open house I held in Scottsdale, she interviewed me the following week and fired her previous agent! We had a lot of fun looking at properties in Phoenix and Scottsdale and we always kept coming back to her home - you truly get a feeling when you find the right one! Congratulations to my buyer, I can’t wait to see what she does to the backyard!🥂

The market is hot and there are so many beautiful homes out there! If you (or someone you know) are looking to buy or sell, send me a DM! I would love to connect with you (over coffee, my treat) to talk over your options and next steps! 👋🏻

Market Update for February and what you need to know👇🏼We are continuing to see a decrease in inventory, as buyer demand ...
09/02/2023

Market Update for February and what you need to know👇🏼

We are continuing to see a decrease in inventory, as buyer demand has increased (buyer demand rises, inventory lowers). As interest rates have been doing a little dance, with a bit of a drop in January and then a slight increase again, we have we have seen a jump in mortgage applications since January and buyers are excited to start house hunting again!

Here is a snapshot of what homeowners and homebuyers should expect:

Sellers 👉🏼 Expect to have competition with other homes on the market. Listing your home at the correct price is so important, so your home doesn’t sit stagnant on the market or have to experience multiple price reductions. Seller concessions are still floating around (to help buyers with closing costs or rate buy downs) and may be a way to set you apart from your competition. Appreciation is still projected, but at a slower pace than what we have seen in previous years.

Buyers 👉🏼 As inventory decreases, there are less homes actively on the market to choose from and we are starting to see multiple offers on properties. This is still a great opportunity to shop for a home with less competition with other buyers, especially compared to this time last year. Remember, interest rates have a history of rising quickly and lowering slowly. If interest rates rise, you will have locked in the lower rate. When the rates lower in the future, consult with your loan officer to refinance for a lower rate.

If you have any questions, drop me a DM! Don’t be frightened by uneducated headlines - do your research, and make sure you are knowledgeable about what is actually happening in this ever-changing market.

I don’t have a crystal ball, but this is what the numbers are showing from Altos Research, Inc. on February 8, 2023 🤓

Ringing in 2023 with your January Market Update and what you need to know to prepare for this year👇🏼We are continuing to...
02/01/2023

Ringing in 2023 with your January Market Update and what you need to know to prepare for this year👇🏼

We are continuing to see an increase in inventory, as interest rates keep rising with fewer homes going under contract (demand), bringing us to the more BALANCED market we are experiencing now with a slight Seller’s advantage.

Here is a snapshot of what homeowners and homebuyers should expect:

Sellers 👉🏼 You will have more competition with other homes on the market. Listing your home at the correct price is so important, so your home doesn’t sit stagnant on the market or experience multiple price reductions. Seller concessions are more common (to help buyers with closing costs or rate buy downs). Appreciation is still projected, but at a slower pace than what we have seen previously.

Buyers 👉🏼There are more homes to choose from, less competition with offers and a great opportunity to purchase a home at or under appraised value. Now is a great time to purchase, as you can “win-win” with rising interest rates. Why⁉️ Interest rates have a history of rising quickly and lowering slowly. As interest rates rise, you will have locked in the lower rate. When the rates lower in the future, consult with your loan officer to refinance for a lower rate.

If you have any questions, drop me a DM! Don’t be frightened by uneducated headlines - do your research, and make sure you are knowledgeable about what is actually happening in this ever-changing market.

I don’t have a crystal ball, but this is what the numbers are showing from Altos Research, Inc. on January 1, 2023 🤓

The news is out…and I couldn’t be happier!More to come with the story behind the change and why this is so important - n...
18/11/2022

The news is out…and I couldn’t be happier!

More to come with the story behind the change and why this is so important - not only for me - but for my clients and community!

Reach out with any questions and stay tuned for more info!

These kind and thoughtful words are from my past buyer who trusted me with one of their largest financial purchases in t...
11/11/2022

These kind and thoughtful words are from my past buyer who trusted me with one of their largest financial purchases in their lifetime! I am so blessed to have worked with this family in finding their perfect home in Chandler and I have enjoyed helping their family and friends through the real estate process as well!

Thank you, Duane and Wei, for not only trusting me with finding your Arizona home, but for being my top supporters and encouraging me! THANK YOU!

If you are looking for a realtor who goes not only the extra mile, but makes sure you have a great experience, I’d love to connect and help guide you through where you are currently at to where you dream to be. 👋🏼

📈 Market Update for November…and what you need to know👇🏼• We are continuing to see an increase in inventory, as interest...
07/11/2022

📈 Market Update for November…and what you need to know👇🏼

• We are continuing to see an increase in inventory, as interest rates keep rising with fewer homes going under contract (demand), bringing us to the more BALANCED market we are experiencing now.

• What cities are in a Seller’s or Buyer’s market? 🤔
✔️Slight Seller’s market (Fountain Hills, Scottsdale & Paradise Valley)
✔️Balanced market (Cave Creek & Phoenix)
✔️Mild Buyer’s market (Glendale, Chandler, Tempe & Mesa)
✔️Stronger Buyer’s market (Goodyear, Peoria, Gilbert, Avondale, Surprise)
✔️Strongest Buyer’s market (Maricopa, Queen Creek & Buckeye)

Here is a snapshot of what homeowners and homebuyers should expect:

Sellers: You will have more competition with other homes on the market. Listing your home at the correct price is so important, so your home doesn’t sit stagnant on the market or experience multiple price reductions. Seller concessions are more common (to help buyers with closing costs or rate buy downs) with the average sitting at $9K. Appreciation is still projected, but at a slower pace than what we have seen previously.

Buyers: There are more homes to choose from, less competition with offers and a great opportunity to purchase a home at or under appraised value. Now is a great time to purchase, as you can “win-win” with rising interest rates. Why⁉️ Interest rates have a history of rising quickly and lowering slowly. As interest rates rise, you will have locked in the lower rate. When the rates lower in the future, consult with your loan officer to refinance for a lower rate.

If you have any questions, drop me a DM! Don’t be frightened by uneducated headlines - do your research, and make sure you are knowledgeable about what is actually happening in this ever-changing market.

I don’t have a crystal ball, but this is what the numbers are showing from Altos Research, Inc. on November 7, 2022 🤓

                 

An open house isn’t complete without…🤔🍾 MIMOSASCome visit Gina and I at our new listing on 11231 E ASTER LN, Florence, A...
08/10/2022

An open house isn’t complete without…🤔

🍾 MIMOSAS

Come visit Gina and I at our new listing on 11231 E ASTER LN, Florence, AZ 85132!

Here are some details:
• 4 BEDS
• 2 BATH
• 1,793 SQFT
• 2018 | DR Horton Build in Magma Ranch
• RV Gate

Move-in ready family home, great location, with endless possibilities in the very sought after neighborhood of Magma Ranch. This gem offers an open concept split floor plan, 9+ ft ceilings, and new interior paint and new light fixtures throughout. Open kitchen & great room area with stainless steel appliances, large island, recessed lighting & walk in pantry. RV gate, additional slab parking and so much more!

Custom built entertainment wall in the great room. All new landscaping in the front yard & new sod in the backyard. Custom design features throughout the home that will surely impress!

Magma Ranch offers a variety of community amenities, set against a serene backdrop of the Arizona Desert. Residents can enjoy the swimming pool, splash park, sports court, basketball and volleyball courts, and green belt park spaces. With its prime location in the town of Florence, Magma Ranch provides the beauty of starry nights and a small town feel with easy access to the Phoenix Metropolitan area and nearby Queen Creek marketplace.

👋🏼 Reach out for a private showing or for any information on this property! See you at the open house!

Kinzie Kotthoff | Arizona REALTOR®
480.450.4593
[email protected]

.lady.realtor

✨ New Listing ✨• 4 BEDS• 2 BATH• 1,793 SQFT• 2018 | DR Horton Build in Magma Ranch• RV GateMove-in ready family home, gr...
06/10/2022

✨ New Listing ✨

• 4 BEDS
• 2 BATH
• 1,793 SQFT
• 2018 | DR Horton Build in Magma Ranch
• RV Gate

Move-in ready family home, great location, with endless possibilities in the very sought after neighborhood of Magma Ranch. This gem offers an open concept split floor plan, 9+ ft ceilings, and new interior paint and new light fixtures throughout. Open kitchen & great room area with stainless steel appliances, large island, recessed lighting & walk in pantry. RV gate, additional slab parking and so much more!

Custom built entertainment wall in the great room. All new landscaping in the front yard & new sod in the backyard. Custom design features throughout the home that will surely impress!

Magma Ranch offers a variety of community amenities, set against a serene backdrop of the Arizona Desert. Residents can enjoy the swimming pool, splash park, sports court, basketball and volleyball courts, and green belt park spaces. With its prime location in the town of Florence, Magma Ranch provides the beauty of starry nights and a small town feel with easy access to the Phoenix Metropolitan area and nearby Queen Creek marketplace.

👋🏼 Reach out for a private showing or for any information on this property!

Kinzie Kotthoff | Arizona REALTOR®
480.450.4593
[email protected]

📈 Market Update for October - Have you seen more “For Sale” signs?👇🏼We are continuing to see an increase in inventory as...
04/10/2022

📈 Market Update for October - Have you seen more “For Sale” signs?👇🏼

We are continuing to see an increase in inventory as interest rates keep rising with fewer homes going under contract. This has created the shift from the intense Seller’s market we saw earlier this year, to the more balanced market we are experiencing now. In some cities around the Valley, we are still seeing a strong Seller’s market, but other cities have shifted to a slight Seller’s advantage. Here is a snapshot of what homeowners and homebuyers should expect:

Sellers: You will have more competition with other available homes on the market. However, this is still a great Seller’s market to list your home. Appreciation is still projected, but at a slower pace than what we have seen in previous months. We are still seeing multiple offers on the table, but not at the level earlier this year. Listing your home at the correct price is so important, so that your home doesn’t sit stagnant on the market.

Buyers: You will have more homes to choose from when you are house hunting and you will experience less competition with offers. It is very important to have an experienced agent to help you negotiate an offer with the best terms possible. Now is a great time to purchase, as you will “win-win” with the rising interest rates. Why? Interest rates have a history of rising quickly and lowering slowly. As the interest rates rise, you will have locked in the lower rate. If the interest rates are lower in the future, a refinance for a better rate may be a great option (consult with your loan officer regarding your mortgage).

If you have any questions, drop me a DM! Don’t be frightened by uneducated headlines - do your research, and make sure you are knowledgeable about what is actually happening in this ever-changing market.

I don’t have a crystal ball, but this is what the numbers are showing from Altos Research, Inc. on October 4, 2022 🤓

Words hold a lot of meaning, but these are especially close to my heart. This testimonial is from my very first closing ...
20/09/2022

Words hold a lot of meaning, but these are especially close to my heart. This testimonial is from my very first closing and these two are not only some of the coolest humans I know, but have become like family.

If you are looking for a realtor who goes not only the extra mile, but makes sure you have a great experience, I’d love to connect and help guide you through where you are currently at to where you dream to be. 👋🏼

Thank you, Don & Holly, for not only trusting me with finding your Arizona home, but for being my top supporters and encouraging me! THANK YOU!

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