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
Home Mortgage
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…
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
Take Action to Improve Your Credit
While the Spring market may have been a little slower than normal in Fountain Hills, most experts agree that the housing markets should rebound as state and local restrictions ease and local commerce returns to a more normal pace. So if you have put thoughts of buying a home on hold for the time being, now is a perfect time to … [Read more...] about Take Action to Improve Your Credit
Fountain Hills Market Update – March 2020
As the coronovirus (COVID-19) pandemic makes its way through the US, and the stock market turmoil roils the portfolios and 401(k)s of many Americans, it's not unusual that many people may question the overall health of the real estate market. The 2008 real estate meltdown still burns very brightly the memories of … [Read more...] about Fountain Hills Market Update – March 2020
Can Interest Rates Go Negative?
There has been a lot of interest lately in interest rates, as President Donald Trump has been pushing Fed Chairman Jerome Powell to make deep cuts in the the already low Fed Funds rate. A couple of European countries are already in negative interest rate territory, so it's not unprecedented. However, many homeowners and … [Read more...] about Can Interest Rates Go Negative?
