The age-old question looms. What can I expect for the future of the real estate market? The crystal ball would’ve come in handy several times now in making attempts to answer this question; however, what we can rely on best is history and current economic situations. Coming up on almost a decade since the global economy collapse, everyone still gives off a look of cringe and fright when it’s mentioned. Logically, it all made sense. It was a scientific issue: what goes up, must come down. … [Read more...] about When Can We Expect to Trend in the 2017 Real Estate Market?
Monteith
Where Has 2016 Left the Real Estate Market?
After the sun set on 2016, many of us are looking back, reflecting on what the year brought us. Professionally. Personally. Typical hustle and bustle of the holiday season, paired with the reality of winter may leave buying or selling a home way in the back of your mind. Real estate quiets slightly around this time of year, but will be back with a vengeance in 2017. If you’re contemplating a move, this is what you should know going forward. Was 2016 a buyer’s market? A seller’s market? … [Read more...] about Where Has 2016 Left the Real Estate Market?
Can You Sell Your Home Without a Realtor?
The short answer to this question is: of course! The long answer is a bit more challenging. Do you really want to? Are you really well equipped to? Here are some things to consider when choosing the best course for selling your home. First of all, do you truly know the value of your home in the present market? Websites such a Zillow and Trulia offer (at best) a guess of what your home should be worth. These numbers often vary greatly from the reality. The absolute best way to know the value … [Read more...] about Can You Sell Your Home Without a Realtor?
Being Thankful Comes In All Shapes, Sizes
Brisk temperatures, orange and brown leaves, and an impending Thanksgiving holiday are surefire signs that November is well underway. As the bustle of the holiday season begins, remaining thankful for all that we have is usually at the forefront of everyone’s mind. Real estate is no different. It never hurts to take a look around and be thankful for what you have. If you’ve chosen a consummate professional to work with in your real estate endeavors, be thankful for that! A real estate agent … [Read more...] about Being Thankful Comes In All Shapes, Sizes
Does the Change in Temperature Mean a Change in the Way Real Estate is Handled?
Possibly. Probably. Not likely. We don’t really know. There are certainly trends that seem to follow year over year, but when people need to move, they move. Summer has historically been Flagstaff’s selling season. Soaring Phoenix temperatures send folks to the high country, and kids are out of school, so if folks have been contemplating a change, summer is an ideal time to accomplish that. Also, the weather cooperates for a move. Mild temperatures, no snow or ice, etc., make for a smooth … [Read more...] about Does the Change in Temperature Mean a Change in the Way Real Estate is Handled?
Studying Real Estate Market Trends
What is driving the real estate market right now? More than halfway through 2016, we have a good handle on what is driving our market now and what will likely remain throughout the rest of the year. Inventory remains slightly low compared to previous years. This is typical for Flagstaff in the winter months, but we usually enjoy a few more properties to choose from this time of the year. Inventory could be low for a variety of reasons; homeowners could still not be seeing enough equity in … [Read more...] about Studying Real Estate Market Trends
Can You Sell Your Home Without a Realtor?
The short answer to this question is: of course! The long answer is a bit more challenging. Do you really want to? Are you really well equipped to? Here are some things to consider when choosing the best course for selling your home. First of all, do you truly know the value of your home in the present market? Websites such a Zillow and Trulia offer (at best) a guess of what your home should be worth. These numbers often vary greatly from the reality. The absolute best way to know the value … [Read more...] about Can You Sell Your Home Without a Realtor?
What the Appraisal Process Means for You
You’ve been through the ups and downs of looking at numerous properties. You’ve maybe written more than one offer. Perhaps you’ve lost out on several properties due to this explosive Flagstaff real estate market. Well, that’s only the partial battle. Once you’re in escrow and have waded through the inspection period, the next hurdle will be the appraisal. By definition, appraisal is explained as “an expert estimate of the value of something.” This is not only a requirement … [Read more...] about What the Appraisal Process Means for You
