We are just a few weeks away from the much-anticipated September Federal Reserve meeting, where many experts believe the Fed Funds rate will be lowered for the first time since the Fed began raising rates to combat inflation. Many potential home buyers eagerly await a lower mortgage rate environment to help with housing … [Read more...] about Lower Mortgage Rates Anticipated for Fall
Home Buying
OPEN HOUSE! – Villas on the Avenue, A First for Fountain Hills!
Have you always dreamed about living close to the action, right on Avenue of the Fountains? Have you wondered what it would be like to walk to our famous Fountain, or the many restaurants and unique shops on The Avenue? Well dream no more, because opportunity is presenting itself! All four units will be available for viewing … [Read more...] about OPEN HOUSE! – Villas on the Avenue, A First for Fountain Hills!
Seller Concessions on the Rise
As the Fountain Hills real estate market gradually rebalances to a less exuberant norm, we are starting to see a small uptick in the number of homes that close with seller concessions. This was almost unheard of in the last few years of aggressive competition between buyers over the limited supply of homes. What Constitutes a … [Read more...] about Seller Concessions on the Rise
Interest Rates Below 6% in 2024? Maybe…
In the midst of market confusion regarding day-to-day fluctuations in mortgage rates, it's crucial to grasp the larger trend: compared to the near 8% peak observed last fall, mortgage rates have generally trended downwards. For those in the market to buy or sell a home, this trend holds significant implications. While rates … [Read more...] about Interest Rates Below 6% in 2024? Maybe…
Susan’s Corner – April 2023
Happy Spring! This is such a great time of year in Fountain Hills! We are winding down our festival and outdoor event season and preparing to hunker down for the hot summer, but there are a few great events coming up that really make Fountain Hills special! And of course, one of my favorite holidays, Easter, is just a few short … [Read more...] about Susan’s Corner – April 2023
Karen’s Corner – September 2022
I don’t know about you, but I’m so ready for the slight dip in temperatures that we call “Fall”. While our seasonal changes in Arizona may not reflect the types of changes experienced in the rest of the country, another turn of the calendar brings us that much closer to the holidays! Speaking of the holidays, have you started … [Read more...] about Karen’s Corner – September 2022
Susans Corner – July 2022
Happy Birthday, America! We just LOVE the 4th of July in Fountain Hills. The fireworks over our world-famous fountain are just spectacular! Mark your calendars, so you don’t forget the 4th at the Fountain on July 1! We are such a patriotic town, and we just love celebrating our country and our freedom! We wanted to take a … [Read more...] about Susans Corner – July 2022
Renewed Interest in Suburban Living
There is an interesting trend that is emerging across the US, as the COVID-19 pandemic sweeps across the country: suddenly, high-density urban living no longer seems like a desirable destination for home seekers. While potential home buyers have been cooped up, staring at the same four walls during state-mandated or local … [Read more...] about Renewed Interest in Suburban Living
