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
Award-winning Agent Joins The Pellegrini Group
PRESS RELEASE Fountain Hills, March 28, 2024, – Susan & Tony Pellegrini of Sotheby’s International Realty and owners of www.85268.com proudly announce the addition of a new team member: award-winning agent Denise Dunning Ricketts. Dunning Rickets moved to the Arcadia area of Phoenix at age eleven, which has allowed … [Read more...] about Award-winning Agent Joins The Pellegrini Group
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 – June 2023
June is nearly upon us, and 2023 is almost half over! Where does the time go? As we enter what we laughingly call our "summer hibernation" period, don't forget to venture out and brave the heat for some of our most beloved local events in of the summer, including the FH Sweet Corn Market and Fourth at the Fountain! And, of … [Read more...] about Susan’s Corner – June 2023
Susan’s Corner – October 2022
Here we are again at the start of another holiday season! We are really beginning the countdown to 2023, now! If you are dreaming of a new home for the Holidays, then now is the time to start making plans! There isn’t much time left! Mark your calendars for November 19, as we are hosting another Community Shred-It Day to help … [Read more...] about Susan’s Corner – October 2022
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
Susan’s Corner – August 2022
Is everyone ready for back-to-school? I think I’m hearing collective groans from the kids and cheers from the parents! I particularly like the month of August, because it means the holidays will soon be here! The arrival of August means we are in the home stretch to the end of 2022! We wanted to take a moment to extend our … [Read more...] about Susan’s Corner – August 2022
