Arizona At Home Team

10/29/2024

Wondering how elections impact home sales?

Typically, they bring a short-term slowdown in the housing market as general uncertainty makes buyers and sellers hit pause on their plans. But historical data shows home sales tend to bounce right back after the election. Those sales aren’t lost – they’re just delayed.

And current expert forecasts show the trend should continue as more homes are expected to sell in 2025.

With the market expected to pick up a bit next year, now is a great time to start preparing.

10/28/2024

Why Today’s Foreclosure Numbers Won’t Trigger a Crash

With everything feeling more expensive these days, it’s natural to worry about how rising costs might impact the housing market. Many people are concerned that high prices and tighter budgets could cause more homeowners to fall behind on their mortgage payments, leading to a wave of foreclosures.

But before you start worrying about a housing market crash, here’s a look at what’s really happening. And the good news is: the latest foreclosure data shows there’s no wave on the horizon.

How Today’s Market Is Different from 2008

Let’s ease those fears by looking at the bigger picture. There’s a big difference between what’s happening now, and what happened when the housing market crashed.
As an article from Bankrate explains: “In the years after the housing crash, millions of foreclosures flooded the housing market, depressing prices. That’s not the case now. Most...

With everything feeling more expensive these days, it’s natural to worry about how rising costs might impact the housing market.

10/27/2024

Debunking Scary Myths About Buying a Home

There are a number of scary myths about homebuying in today’s market. Here’s what you need to know. Prices are not expected to crash, it is possible to buy even with student loan debt, and there are programs that can help you save for a down payment. Don’t let scary myths delay your homebuying plans. Let's connect so you have a pro to help you separate the facts from your fears.

There are a number of scary myths about homebuying in today’s market. Here’s what you need to know.

10/26/2024

Debunking Scary Myths About Buying a Home

Don’t let scary myths delay your homebuying dreams. Let's connect so you have a pro to help you separate fact from fiction.

10/25/2024

Homes are still selling faster than they did pre-pandemic, even though the number of days they’re on the market is higher than it was last year.

With the right strategies and the right agent partner, you could sell even faster than today’s norm. DM me to talk through what we can do to make sure your house stands out.

10/23/2024

Planning To Sell Your House in 2025? Start Prepping Now

If your goal is to sell your house in 2025, now’s the time to start prepping. By starting your prep work early, you’ll give yourself plenty of time to get your house market-ready by the end of the year. But be sure to partner with a great agent before you get started, so you have expert insight into what repairs are worth it based on your local market.

Why Starting Early Is Key

To get the best price and sell quickly, it’s important that your home looks its best. And that means it’s up to you to make the necessary repairs, declutter, and even consider updates that could add value as part of getting your house ready to list.

By starting now, you can tackle things one task at a time. Because, if you wait to knock items off your list later on, they could quickly stack up and get overwhelming.

The Importance of Working with a Local Agent

And while that data gives...

If your goal is to sell your house in 2025, now’s the time to start prepping.

10/22/2024

Why Did More People Decide To Sell Their Homes Recently?

This year, mortgage rates came down at the same time the number of homes on the market usually starts to decline. So, what happened? More homeowners decided to sell, so more homes came to the market.

The most recent data from Realtor.com reveals that in September, the number of homes put up for sale increased by 11.6% compared to this time last year.

Ralph McLaughlin, Senior Economist at Realtor.com, explains why there was an unseasonable rise: “This sharp increase is largely due to the decline in mortgage rates in mid-August, enticing homeowners to sell.”

So, as rates came down at the end of the summer, more people jumped into the market and decided to make their move.

What Does This Mean If You’re Looking To Buy a Home?

It means more fresh options to choose from than you’ve had in a while – not the ones that have been sitting around, unsold.

Why Buy Now...

Homeowners typically slow down their moving plans as the summer months wrap up, and as a result, fewer homes are listed for sale in the fall.

10/21/2024

What’s ahead for mortgage rates in 2025?

Expert forecasts show they’re projected to come down over the next year. But it won’t be a straight line – you should expect some volatility.

Even so, the overall trend is great news for your buying power. Want to talk more about what this means for your plans? DM me.

10/20/2024

More homes just hit the market – and that doesn’t usually happen in the fall.

Thanks to a drop in mortgage rates, 11.6% more homes were listed for sale in September than at this time last year. That means you’ve got more options to choose from, so you can finally find the home you’ve been looking for.

Let’s connect and take advantage of what’s out there while it lasts.

10/19/2024

Why Buying Now Is Worth It

Torn between buying now or waiting? Don’t forget to factor in the equity you’ll gain as prices rise. If you bought a $450K house this year, experts say you could gain more than $90,000 in equity over the next 5 years.

10/18/2024

Why Buying Now Is Worth It

You may be torn between buying a home now or waiting. But don’t forget to factor in the equity you’ll gain as prices rise. Experts forecast prices will climb over the next 5 years – and based on those forecasts, you could gain about $90k in equity in that time. So, you could wait, but you’ll miss out on a lot of equity if you do. If you’re ready and able to buy, let’s connect so you can start growing your wealth now.

You may be torn between buying a home now or waiting. But don’t forget to factor in the equity you’ll gain as prices rise.

10/17/2024

Thinking of selling your house and moving? It’s worth considering if you want to put 20% down on your next home.

While that typically isn’t required, putting that much down has clear advantages – and the equity you’ve built up in your current home can help make it possible.

DM me today for a professional equity assessment and to discuss how you can use your equity to fuel your next move.