Tag : Arizona Real Estate

For Rent sign in front of a residential home, highlighting rental market dynamics in Arizona.

Update on Arizona’s Fight Against RealPage and 9 Other Landlords

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 […]

2024 election buttons with American flags representing the importance of voting and its impact on the housing market.

How the 2024 Election Will (and Won’t) Impact Arizona’s Housing Market

Every presidential election sparks the same question: ‘Will the election affect the housing market?’ It’s a valid concern, particularly for those buying or selling homes in Arizona. Yet, despite the unpredictability of election years, data shows that the impact on the housing market is minimal. While some buyers might claim they’re waiting for election results, they make up only a small portion of the market and have little influence on overall trends. The numbers back this up, showing that sales […]

Real estate professional signing documents with a scale and a small house model on the table.

Navigating the New NAR Settlement Changes: What You Need to Know Starting August 17, 2024

A note from the Team Leader, Erica… As of today, August 17, 2024, significant changes resulting from the National Association of Realtors (NAR) settlement will officially take effect across the nation, aimed at bringing greater transparency and fairness to the real estate industry. However, if you’re in Arizona, you’re already a few steps ahead. Our local MLS and the Scottsdale Realtor Association have been proactive in implementing these changes since the beginning of August. This early adoption has allowed us […]

For Rent sign in front of a residential home, highlighting rental market dynamics in Arizona.

Arizona AG’s Lawsuit Against RealPage: What It Means for the Real Estate Market

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 […]

Person writing notes on a checklist while sitting on a couch, focusing on home preparation tasks.

Essential Checklist for Snowbirds Preparing Their Arizona Home for the Summer

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 […]

Family Pulling Downward Against Rising Mortgage Interest Rates in Phoenix Metro Area

Navigating Rising Interest Rates: Strategies for Homebuyers in the Phoenix Metro Area

With interest rates on the rise, prospective homebuyers in Maricopa County face new challenges in their quest to secure a home, let alone their dream home. In this article we will discuss the implications of these changes and adopting effective strategies for navigating this evolving landscape successfully. Current Interest Rate Trends: In recent times, the Phoenix area has experienced notable fluctuations in interest rates. Economic factors and the Federal Reserve’s policy decisions have contributed to this volatility. As of the […]

Excited new homeowners with a dog amidst moving boxes, celebrating their first home purchase in Arizona.

Navigating Your First Home Purchase: A Guide for the Aspiring Arizona Homeowner

Stepping into the world of homeownership is an exhilarating journey, especially for first-timers. In the vibrant and diverse Arizona real estate market, becoming a homeowner is a dream come true for many. However, the process can be complex, and a well-informed approach is your key to success. This guide will lead you through the essential steps and tips every first-time homebuyer should know. Get to Know Your Budget Inside and Out Before diving into the housing market, it’s crucial to […]