It’s official. The U.S. District Court for the Western District of Missouri granted final approval to the National Association of REALTORS® (NAR) settlement, despite objections from the Department of Justice (DOJ). This article explains how these changes will affect buyers and sellers moving forward and provides clarity to help you confidently navigate the evolving real estate landscape. Key Changes from the NAR Settlement in Real Estate Written Buyer Agreements Buyers are now required to sign written agreements when working with […]
Investing in residential real estate can be lucrative, but common real estate investing mistakes can derail success Many investors, especially those new to the market, make common real estate investing mistakes that can cost them time, money, and even their investment. In this post, we’ll explore some of the most common missteps and offer tips to help you navigate the world of residential real estate with confidence. Skipping Proper Research The Mistake: Failing to research the local market thoroughly can […]
The Cromford® Market Index: A Buyer’s Market Returns The Cromford® Market Index (CMI) for all property types in Maricopa County has dropped to 87.1, marking the lowest level since October 2010. This significant decline signals the return of a buyer’s market after 14 years. For homeowners, particularly those facing financial difficulties or the threat of foreclosure, this shift presents new challenges. Navigating today’s market is critical to protect both equity and credit as inventory grows and supply remains uncertain. Avoiding […]
Maricopa County boasts a rich selection of properties listed on the National Register of Historic Places, which helps preserve the area’s unique architectural and cultural heritage. Registering a property not only adds value for many homeowners but also brings several potential benefits. What Makes a Property Eligible for the National Register? For a home to qualify, it typically needs to be at least 50 years old and maintain its historical character. However, younger properties may qualify if they represent significant […]
A note from the team leader, Erica… As the lawsuit filed by Arizona Attorney General Kris Mayes against RealPage continues to unfold, I’ve grown increasingly skeptical. What began as a case of alleged rent price manipulation now seems to be part of a broader strategy by the current administration to use the guise of “affordable housing” to assert more control over the real estate market, particularly on those building wealth through rental properties. The Case Update: Hearing Still Pending Though […]
