Why Didn't My House Sell in Phoenix? Did you try selling your home and your home listing ended up expiring? Or maybe your experience was not what you expected and you cancelled your listing contract. Either way, it can be frustrating to start the process and not be able to accomplish your goals due to your home not selling. There are many possible reasons for why your home did not sell. It could be due to marketing, price, the agent. If your agent provided feedback from the potential buyers that saw your home, what did the feedback say? Whether the listing cancelled or expired, once that happened, you probably … [Read more...]
South Phoenix Restaurants
South Phoenix Restaurants The selection of South Phoenix Restaurants has increased over the years. I have lived in South Phoenix since 1981. Even though eating out was not a frequent thing for our family, I do remember being aware that there were just a few places to choose from. I feel like there is still room for so much more here. We have more than enough fast food places, we don't need more of those. And I do wish we had a Pita Jungle or True Food Kitchen here. Or something similar. Nonetheless, there are some pretty fabulous places to choose from if you are looking to go out to eat. Mexican food … [Read more...]
Are You Leaving Money on the Table?
Are you leaving money on the table? There are several investors out there buying properties for cash. They offer a quick close and little to no contingencies. Keep in mind that if the private investor's goal is to buy properties to then turn around and list them for sale, you may be leaving money on the table. Our current real estate market has so many moving parts. A part of it is investors calling homeowners asking if they are interested in selling. I get calls and text messages every single week asking me if I would like to sell my home. I am positive that I am not the only person that finds this practice … [Read more...]
May 2020 Phoenix Market Snapshot
May 2020 Phoenix Market Snapshot Here is the May 2020 Phoenix Market Snapshot. Some of our Phoenix neighborhoods are performing as very strong sellers markets. A sellers market is typically marked by limited inventory, multiple offers on homes, and offers above the list price. It is extremely competitive out there. If you are thinking of buying a home, make sure you are fully prepared before beginning your home search. Compared to last month's number of just over 14,000 active listings, that number has decreased dramatically. Our MLS is just at over 11,000 active listings. Less inventory and high demand will … [Read more...]
Will The Phoenix Real Estate Market Crash?
Will The Phoenix Real Estate Market Crash? The question that we have been asked repeatedly these past few weeks is whether our real estate market will crash like it did during the recession in 2008. We honestly do not see that happening. Who knows what our market will be like in one year. But right now, things are moving along. Prior to the COVID-19 development, we were in a seriously strong sellers market for at least a year or more. Particularly in the lower price brackets. We're talking multiple offers, offers above list price, super strong competition for the little inventory that was available. Even with … [Read more...]
What To Do If You Can’t Pay Your Mortgage
What To Do If You Can't Pay Your Mortgage In Arizona, COVID-19 is having an effect on everything from education to employment, businesses...pretty much our world as we knew it. As a result of our state shut down, many businesses and people have been negatively impacted. I know that there are some people out there that are hurting, struggling. This has not been a good situation and now they may be looking for alternatives to keep from losing their homes. There are options. You could be asking yourself, what can I do if I can't pay my mortgage? First, communication with your mortgage lender is key. If you are not … [Read more...]
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