The Cost of Waiting: Interest Rates Edition

by Builder Trade In Program Mar, 19

  • Interest rates are projected to increase steadily heading into 2019.
  • The higher your interest rate, the more money you end up paying for your home and the higher your monthly payment will be.
  • Rates are still low right now. Don’t wait until rates hit 5% to start searching for your dream home!

Mortgage Rates on FIRE! Home Prices Up in Smoke?

by Builder Trade In Program Mar, 14

Mortgage interest rates have already risen by over a quarter of a percentage point in 2018. Many are projecting that rates could increase to 5% by the end of the year.

 

What impact will rising rates have on house values?

Many quickly jump to the conclusion that an increase in mortgage rates will have a detrimental impact on real estate prices as fewer buyers will be able to qualify for a loan. This seems logical; if there is less demand for housing then prices will drop.

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The Difference an Hour Will Make This Spring

by Builder Trade In Program Mar, 12

Every hour in the United States: 614 homes are sold, 81 homes regain equity (meaning they are no longer underwater on their mortgage), and the median home price rises $1.51!

Welcome to your Weekend!

by Builder Trade In Program Mar, 07

Scottsdale Arts Festival

The three-day Scottsdale Arts Festival features 170 awe-inspiring artists from throughout North America who display their work for sale on the beautiful grounds of the Scottsdale Civic Center Mall.

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Competition is Coming, Are You Thinking of Selling Your Home?

by Builder Trade In Program Mar, 06

The number of building permits issued for single-family homes is the best indicator of how many newly built homes will rise over the next few months. According to the latest U.S. Census Bureau and U.S. Department of Housing & Urban Development Residential Sales Report, the number of these permits were up 7.4% over last year.

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What is in store for New Home Construction in 2018

by Builder Trade In Program Mar, 05

 

After several years of skyrocketing home prices and tightening inventories, the dust is finally starting to settle in the housing market, leaving home builders surveying a vastly different real estate landscape than when the recovery began.

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Welcome to your Weekend!

by Builder Trade In Program Feb, 28

Cactus League Spring Training

Cactus League Spring Training, a seasonal rite in Greater Phoenix, roars to life every March with the iconic sounds of cracking bats, snapping mitts and happy fans. For baseball lovers, it doesn’t get much better than this: sunny weather, affordable tickets and unparalleled proximity to the best players in the game.

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It's selling season. Is your home in the best price range, neighborhood to benefit?

by Builder Trade In Program Feb, 27

You might notice a few more sale signs in your neighborhood.

Metro Phoenix’s home buying and selling season is in full swing. And because there aren’t enough houses listed for sale, prices are expected to rise in some Valley neighborhoods, say market watchers.

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The Mortgage Process: What You Need to Know

by Builder Trade In Program Feb, 26

  • Many buyers are purchasing a home with a down payment as little as 3%.
  • You may already qualify for a loan, even if you don’t have perfect credit.
  • Take advantage of the knowledge of your local professionals who are there to help you determine how much you can afford.

 

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