A note from the team leader, Erica… In a significant move for the real estate market, Arizona Attorney General Kris Mayes has filed a lawsuit against RealPage, a prominent real estate technology and analytics company, along with nine other prominent landlords as co-defendants. The lawsuit alleges that RealPage along with the landlords engaged in anti-competitive practices and price-fixing, impacting rental prices and housing affordability in Arizona. This article delves into the details of the lawsuit and my opinion about the […]
As winter retreats and temperatures rise, snowbirds begin their migration from sunny Arizona back to their cooler homes for the summer. Preparing your winter home before you leave is crucial to ensure it remains safe, secure, and well-maintained during your absence. Here’s a comprehensive checklist to help you get your home ready: Secure Your Home Lock all doors and windows: Ensure all entry points, including garage doors, are securely locked. Consider using dowel rods in older windows and sliding doors […]
Opendoor promises a quick and hassle-free sale of your home, which at first glance seems like a modern convenience suited to our fast-paced lives. However, this convenience might come at a greater cost than many homeowners realize. 1. Deceptive Profit Prospects: Opendoor’s service fee might seem standard at 5%, but it’s essential to question the value this fee actually provides. Traditional real estate professionals also operate around a similar commission rate, but they offer comprehensive services backed by fiduciary responsibilities. […]
A note from the team leader, Erica… In the wake of recent headlines surrounding the National Association of Realtors (NAR) settlement, a whirlwind of misinformation and misconceptions has emerged around the real estate industry. As your trusted real estate advisor, I’m here to provide clarity on what this settlement truly means for you, the consumer, moving forward. First and foremost, let’s address and debunk some myths. A prevalent misconception is that this settlement drastically changes the role of realtors and […]
In recent years, the real estate landscape has seen a dramatic shift thanks to technological advancements, especially in Arizona. From Phoenix’s bustling urban core to the serene landscapes of Sedona, technology is reshaping how Arizonans buy and sell homes. In this article, we explore the significant impact of virtual tours, artificial intelligence (AI), and online platforms for the real estate market. Virtual Tours: A New Window into Homes Virtual tours have revolutionized property viewing, offering an immersive experience that allows […]
Owning a home wisely is a blend of strategic planning and continuous engagement. While location remains the top rule in real estate, there’s more to consider. This article delves into the essentials of buying, maintaining, and enhancing your property’s value, with a keen focus on your return on investment (ROI). Even if you’re purchasing what you believe to be your forever home, it’s prudent to consider the need for a quick and profitable sale in unforeseen circumstances. Perhaps you might […]
Introduction The real estate market is currently facing potential shifts due to the recent lawsuit against the National Association of Realtors (NAR). This article aims to demystify these changes and their impact on buyers and sellers. For a detailed understanding of the lawsuit, read more here. Broker Employment Agreements on the Rise The ever evolving housing market is seeing an increase in the use of Broker Employment Agreements. This document is pivotal in defining the relationship between the buyer and […]
5 Quick Home Maintenance Tips Every Homeowner Should Know Homeownership comes with its share of responsibilities, and routine home maintenance is crucial to keeping your investment in top shape. The good news is that it doesn’t have to be complicated or time-consuming. In this quick read, we’ll provide you with five essential home maintenance tips to help you protect your property and maintain its value. Inspect for Leaks: Water leaks can lead to mold, mildew, and structural damage, but it’s […]
Balancing Your Real Estate Wants with Your Budget: A Guide to Precision in Homebuying In the world of real estate, finding the perfect property often involves striking a delicate balance between your wants and your budget. While it’s natural to have a wish list of features and amenities for your dream home, it’s crucial to stay realistic about what you can afford. In this blog post, we’ll explore the importance of getting specific about your real estate wants and how […]
Buying a home is an exciting milestone, but it’s also a significant financial decision that requires careful consideration, especially when it comes to mortgage financing. In 2023, amidst a record-setting year for mixed-message headlines about whether it’s a favorable time to buy or not, the real estate market continues to evolve. Understanding the mortgage landscape remains essential for prospective homebuyers. Here’s what you need to know: Mortgage Rates are Still Historically Low: Given that mortgage rates have recently reached their […]
