Garrett Overhiser - Chase Sr Home Lending Advisor - NMLS ID 625724

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Garrett Overhiser - Chase Sr Home Lending Advisor - NMLS ID 625724 20871 N Scottsdale Road
Scottsdale, AZ 85255 I’ve worked with realtors and homebuyers across the nation for the past 11 years.

http://homeloan.chase.com/garrett.w.overhiser - click this link to visit my page and see how my knowledge and experience can help you. As a Home Lending Advisor, my focus is helping you navigate the loan process. Let’s connect and find out how my experience guiding homebuyers through the mortgage process can help you.

10/07/2026

What does a luxury home cost in different parts of the country? 🏡💰

The answer can vary by millions.

According to Redfin, the median luxury home sale price nationwide was $1.37 million in May 2026.

But the difference between the most and least expensive major markets is striking.

Detroit had the lowest median luxury home sale price at $719,252.

San Francisco had the highest at $6,648,922.

That means the typical luxury home in San Francisco costs more than 9 times as much as one in Detroit.

The 10 least expensive luxury markets were all around $1.1 million or less, while the 10 most expensive started at nearly $2.9 million.

California and Florida dominate the most expensive markets, while several Midwest and Southern markets offer a much lower price of entry into the luxury segment.

💬 How much does luxury cost in your market?

Source: https://www.redfin.com/news/major-metros-luxury-homes-still-under-million-dollars/

Music: Sparks: Evan Jacobson
https://www.instagram.com/reels/audio/879178747518812?igsh=MXRwbGpmZnoyc2RhOQ==

09/23/2026

Where are luxury buyers spending millions on homes? 🏡💰

The 20 most expensive U.S. home sales of 2026 so far show some interesting patterns.

In August alone, the 10 biggest sales ranged from $27.5 million to $70 million.

California accounted for 6 of those sales, Florida had 3, and Hawaii had 1.

The biggest August sale was a $70 million home in Hillsborough, California.

But when you look at the biggest sales across all of 2026 so far, Florida becomes much more prominent - including the $170 million sale of 7 Indian Creek Island Road in March.

So, are luxury buyers changing markets, or are the same established luxury markets continuing to attract the biggest buyers?

💬 Are luxury buyers changing markets?

Source: https://www.redfin.com/news/most-expensive-home-sales-august-2026/
Music: Make It Spectacular: kimo.sounds
https://www.instagram.com/reels/audio/37316320268014909?stkn=dng3c29qYjNiYmly

The Fed just raised rates! But mortgage rates had already moved higher.On September 16, the Federal Reserve raised the f...
09/17/2026

The Fed just raised rates! But mortgage rates had already moved higher.

On September 16, the Federal Reserve raised the federal funds rate by 25 basis points, bringing its target range to 3.75%–4.00%. It was the first increase since July 2023.

But here’s the part that often gets missed:

The Fed doesn’t directly set mortgage rates.

The average 30-year fixed mortgage rate reached 6.97% for the week ending September 16. Mortgage rates are influenced by the bond market, particularly the 10-year Treasury yield, as well as inflation, employment, economic growth and investor expectations about future Fed policy.

That helps explain why mortgage rates moved higher before the Fed actually raised its rate.

Recent inflation data showed continued pressure, including higher fuel costs. That pushed bond yields higher, which contributed to the increase in mortgage rates.

Interestingly, the Fed’s decision could potentially take some pressure off mortgage rates if investors gain confidence that the Fed is taking inflation seriously. But that doesn’t mean rates will automatically fall. If inflation remains elevated, mortgage rates could remain elevated as well.

For anyone considering buying or refinancing, the bigger takeaway is that one Fed meeting doesn’t tell the entire mortgage-rate story.

The question is how the broader economic picture continues to develop.

What are you watching more closely right now—the Fed’s decisions, inflation, or the bond market?

Source: https://www.nerdwallet.com/mortgages/news/rates-high-fed-raises-9-16-26
Source: https://www.nerdwallet.com/mortgages/learn/fed-mortgage-rates
Source: https://www.newsweek.com/how-fed-rate-hike-could-hit-millions-homeowners-12444261
Source: https://www.realtor.com/research/federal-reserve-september-2026-meeting/

09/16/2026

Which states have the most affordable housing—and are also building more homes? 🏠

Housing affordability isn't just about home prices.

It also depends on whether enough homes are being built to meet demand.
According to Realtor.com's 2026 State Housing Report Card, these are the 20 states with the strongest overall performance for housing affordability and homebuilding.

Here are the top five, along with their median listing prices:

• Indiana — $295,810 • Iowa — $282,886 • South Carolina — $363,896 • Texas — $364,749 • North Carolina — $413,044

The rest of the top 20 includes Nebraska, Delaware, South Dakota, Arkansas, Oklahoma, Florida, Georgia, Kansas, Minnesota, Virginia, Ohio, Utah, Colorado, Louisiana, and Arizona.
One of the biggest takeaways is the regional divide.

The South and Midwest dominate the top of the rankings, benefiting from a combination of relatively affordable homes and stronger homebuilding activity.

Why does building more homes matter?

When housing demand grows faster than the number of available homes, buyers often face more competition and fewer choices. Building more homes can increase inventory and, over time, help ease some of the affordability pressure caused by limited housing supply.

Of course, home affordability is also influenced by mortgage rates, household income, property taxes, homeowners insurance, home prices, and local market conditions.

I help homebuyers secure mortgage financing in all 50 states. Whether you're buying your first home, relocating, or comparing housing markets, understanding your financing options can help you make a more informed decision.

💬 Do you think housing affordability is primarily driven by building more homes—or are there other factors that deserve more attention?

Music: Soulmate x Amelie x Interstellar: Andreavanzo_composer
https://www.instagram.com/reels/audio/3629624960687524?igsh=MTl6aDh4bnVqMTNq
Source: https://www.realtor.com/research/state-report-cards-2026

09/14/2026

Buying a home? Thinking about refinancing?

A limited-time opportunity from Chase could be worth exploring.

Whether you’re making a move or simply looking at ways to potentially reduce your mortgage costs, timing can matter.

🎥 Watch the video for the details, then click the link to see how much you could potentially save before the offer ends.

For more details on this limited-time purchase and refinance rate discount expiring on October 4, 2026, visit: https://bit.ly/RateDiscount

Contact me at: homeloan.chase.com/garrett.w.overhiser

09/09/2026

Homeowners vs. renters: the wealth difference is much bigger than most people realize. 🏠

According to an analysis of Federal Reserve Survey of Consumer Finances data, the typical homeowner household has about 38× the net worth of the typical renter household.

And the difference shows up across every age group.

Median Net Worth by Age

Homeowners • Under 35 — $151,000 • 35–44 — $294,000 • 45–54 — $433,000 • 55–64 — $500,000 • 65+ — $499,000

Renters • Under 35 — $10,000 • 35–44 — $11,000 • 45–54 — $13,000 • 55–64 — $9,000 • 65+ — $10,000

What really stands out is the trajectory.
Homeowner median net worth rises substantially through middle age, while renter median net worth remains relatively flat.

One factor that can help explain the difference is home equity.

As homeowners make mortgage payments and potentially benefit from home appreciation, they can build equity in an asset they own.

Renters are still building a household and paying for housing—but those payments don't create equity in the property.

Of course, homeownership isn't the only factor behind household wealth. Income, savings, investments, debt, home values, and other financial decisions all matter.

But these numbers highlight why homeownership can be an important part of a long-term wealth-building strategy.

Based in Phoenix, Arizona, I help homebuyers with mortgage financing in all 50 states. Whether you're buying your first home, relocating, or thinking about your long-term financial goals, understanding the relationship between homeownership, mortgage payments, and equity can help you make a more informed decision.

💬 Did you expect the net worth gap between homeowners and renters to be this large?

Source: https://www.investopedia.com/homeowners-hold-much-greater-wealth-than-renters-at-every-age-federal-reserve-finds-12019755

Music: Sparks: Evan Jacobson
https://www.instagram.com/reels/audio/879178747518812?igsh=MXRwbGpmZnoyc2RhOQ==

09/03/2026

When is the best time to buy a home? 🏡

For homebuyers, late summer and early fall can be a great time to negotiate a deal on a home—but the best timing varies by housing market.

A recent analysis of major U.S. metro areas found that discounts from a home’s original asking price typically increase in late summer and peak in early fall. In some cities, the biggest discounts arrive a little earlier or later.

The analysis looked at three seasonal housing market factors:

• New listings — when more homes come onto the market
• Fresh inventory — how much new housing becomes available
• Average discount — how much sellers reduce the original asking price through price cuts or negotiations

Here are five of the 20 metros with a potentially favorable buying window:

• New York, NY — Mid-August
• Anaheim, CA — Late August
• Austin, TX — Late August
• Nassau County, NY — Late August
• Newark, NJ — Late August

The full list also includes Oakland, Portland, Sacramento, San Jose, Atlanta, Denver, Seattle, Baltimore, Dallas, Fort Worth, Jacksonville, Los Angeles, Nashville, San Antonio, and San Diego.

The big takeaway? There isn’t one best month to buy a home everywhere. The best time to negotiate can vary based on local inventory, new listings, seller behavior, and seasonal housing trends.

Late summer and early fall may give buyers more negotiating leverage, fresh inventory, and opportunities for discounts before discounts typically plateau or shrink heading into winter.

But timing isn’t everything. Home prices, mortgage rates, down payment, monthly payment, and overall affordability should all be considered when deciding when and where to buy.

I help homebuyers secure mortgage financing in all 50 states. Whether you’re buying your first home, relocating, or moving up, understanding both when to buy and how much home you can comfortably afford can help you make a more informed decision.

Are buyers getting deals in your city?

Source: https://www.redfin.com/news/best-time-to-buy-home-late-summer/
Music: Soulmate x Amelie x Interstellar: Andreavanzo_composer
https://www.instagram.com/reels/audio/3629624960687524?igsh=MTl6aDh4bnVqMTNq

08/26/2026

Which U.S. cities require the least income to afford a starter home? 🏡

For first-time homebuyers, the city you choose can make a big difference in how much income you need to afford a home.

Among the 50 largest U.S. metro areas, these 20 cities have the lowest estimated income requirements for purchasing a starter home:

• Detroit, MI — $30,511
• Pittsburgh, PA — $41,213
• Cleveland, OH — $43,336
• St. Louis, MO — $44,049
• Philadelphia, PA — $49,204

The list also includes Indianapolis, Warren, Cincinnati, Kansas City, San Antonio, Milwaukee, Columbus, Jacksonville, Tampa, Baltimore, Houston, Virginia Beach, West Palm Beach, Charlotte, and Fort Worth.

The biggest takeaway? Housing affordability can vary dramatically from one city to another.

The income needed to buy a starter home depends on more than just the home price. Mortgage rates, property taxes, homeowners insurance, and other housing costs can all affect what a buyer can realistically afford.

If you’re a first-time homebuyer, understanding the income needed to buy a home and comparing housing affordability across different markets can help you make a more informed decision.

I help homebuyers secure mortgage financing in all 50 states. Whether you’re buying your first home, relocating, or looking for a more affordable housing market, understanding your financing options is an important first step.

Music: Sparks: Evan Jacobson
https://www.instagram.com/reels/audio/879178747518812?igsh=MXRwbGpmZnoyc2RhOQ==
Source: https://www.redfin.com/news/starter-home-affordability-improving-2026/

Could you afford a starter home in one of these cities?

08/20/2026

What are the hottest housing markets in the U.S. right now? 🏡

Even though the national housing market has slowed, some cities continue to attract strong homebuyer demand, and homes are still selling quickly.

According to Realtor.com’s latest ranking, these are among the cities with the strongest buyer interest and fastest-moving homes with their median listing prices

• Peabody, MA — $600,000
• Montclair, NJ — $1,050,000
• Sewell, NJ — $426,000
• Fairport, NY — $429,000
• Westfield, MA — $381,000

Why are these housing markets attracting so much attention?

Many offer a combination of desirable suburban living, access to major employment centers, local amenities, and relatively limited housing inventory.

For homebuyers, strong demand can mean more competition and less room to negotiate. Understanding local home prices, housing inventory, and mortgage financing options can make a big difference when you’re ready to buy.

I help homebuyers finance homes in all 50 states. Whether you’re buying your first home, relocating, or moving up, I can help you understand your financing options.

Which of these cities would you consider buying a home in?

Music: Sparks: Evan Jacobson
https://www.instagram.com/reels/audio/879178747518812?igsh=MXRwbGpmZnoyc2RhOQ==

Source: https://www.realtor.com/research/hottest-zip-codes-2026/

07/04/2026

Happy Independence Day! 🇺🇸

From majestic mountains and scenic coastlines to deserts, forests, and wide-open landscapes, the United States is home to some of the most incredible places in the world.

The Fourth of July is a great reminder to appreciate not only our nation's history, but also the communities, traditions, and opportunities that make every state unique.

Wishing you, your family, and your friends a safe, happy, and memorable Fourth of July!

🇺🇸 What’s your favorite place to visit in the United States? Share it in the comments!

Happy 4th of July!

Music: God Bless America: Wendy Vides
https://www.instagram.com/reels/audio/1167228390539081?igsh=bmVkMHRpYWExcTNm

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