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Buying a home? There are ways to bring down your mortgage payments
After hitting a rate of nearly 7.5 percent in November, it appears that mortgage rates might be softening as we head into 2023.
Most people...
Realtor: Outdoor amenities add value to homes
This is the perfect time of year to get out and get active right as the summer heat wave is leaving Maricopa — and...
Experts: Tenant needs changing as rental values soar
Rental rates have increased steadily over the past five years, but the pandemic has created a sharper price increase. Tenants are placing greater value...
Realtor: Inventory, mortgage rates drive prices lower
Real estate market inventory in Maricopa continues to climb as home sellers drop prices to attract fewer buyers.
In fact, inventory — the number of...
Non-paying tenants a huge headache — and expense — for investors
Property owners rely on rental income to pay mortgages, maintain properties, and help meet other expenses. When rents are not received, these expenses must...
Morgan: Improving curb appeal can lead to quicker sales
When I take potential buyers to look at a home, they begin making their decision on whether they like the property from the moment...
Walk-in tubs: what you need to know
I recently had a reader ask for information regarding walk-in tubs. My experience with them is limited to a neighbor who purchased one for...
4 actions to enhance the return on your investment property
Owning rental properties should be stress-free, without frustration and sleepless nights. Property Management comes with many responsibilities and when done poorly could lead to...
Morgan: Foreclosures not expected to change the market
Historically speaking, foreclosures have played a role in Maricopa’s housing prices.
A foreclosure, in a nutshell, is when a homeowner falls behind on their payments...
CEO: Profit not purpose of business
Did you hear the news about Zillow? It finally admitted what I’ve been saying for years - its home flip business is a flop.
Zillow’s...
October 2021: Real estate market in Maricopa is still a strong one
Maricopa Real estate market inventory is at the highest number it’s seen in the past year. One year ago in October of 2020, there...
Seasonal sluggishness in home sales par for the course
The housing market is beginning to calm with inventory rising and prices flattening a bit. And with the arrival of the typically slower fall...
Morgan: 4 new-homebuying myths debunked
The real estate market in Maricopa is as hot as it’s been in more than a decade. To land the home you want, you...
Realtor: Home prices expensive, but only by Maricopa standards
The average price-per-square-foot of Maricopa homes sold in the summer of 2021 is more than four times the same period a decade earlier. Yet...
Dayv Morgan: Maricopa’s market tough on renters
Investors are selling their rental properties to cash out their equity in a red-hot seller’s market. Canadian landlords are also benefiting from the local...
Dayv Morgan: Selling with solar? Emphasize your savings
The abundant sunshine in Arizona makes rooftop solar panels an appealing feature for homebuyers considering a resale home.
Market indications show the value of solar...
Dayv Morgan: Read CC&Rs when buying home
A very important part of moving into a neighborhood governed by a homeowners association is the “Declaration of Covenants, Conditions and Restrictions,” or CC&Rs.
This...
Realtor: To build, or not to build? That is the question
The current state of the Maricopa real estate market has more homebuyers considering new construction than since the heyday of 2006.
Yes, new builds are...
Dayv Morgan: Soaring demand has homebuyers whittling down wish lists
Traditionally, prospective homebuyers have a wish list of features and amenities in mind as they conduct their search for a new residence. Perhaps quartz...
Dayv Morgan: To be ready for unexpected costs, consider home warranty
With 75% of the homes in Maricopa at least 10 years old, it is imperative for homebuyers to budget for unexpected home repair costs.
When...
Dayv Morgan: HOA fees can impact purchasing power
When it's time to list their home, many sellers don’t think about the impact high fees will have on resale.
It is important to keep...
Dayv Morgan: Renting your home? Keep these tips in mind
When property values increase in a hot seller’s market, some owners cash in on their equity by selling. Others turn their home into a...
Dayv Morgan: 4 tips for selling your home in December
It’s no secret 2020 has been a seller’s market for most of the year, with low supply and multiple offers. As we head toward...
Realtor: Finally, a bit of good news for homebuyers
The month of October in Maricopa begins the typically quiet time of year for real estate.
The market is still red-hot for home sellers. Many...
Dayv Morgan: Buyers may turn to new builds in seller’s market
By Dayv Morgan
In today’s seller’s market, homebuyers face a real challenge.
They are competing with many others for existing homes, facing higher and higher bids...
Dayv Morgan: Low mortgage rates a refinance opportunity
With interest rates are as low as they have been this year, homeowners are facing a dilemma. Should they purchase a home or just...
Petersheim: ‘Escalation clause’ back in super-tight realty market
With the residential housing market so short on supply in Maricopa, there’s been a resurgence of a purchase offer clause that I haven’t seen...
Petersheim: Does pool affect home’s resale value?
2020 has been an eventful year so far, for many reasons, including the record-breaking heat and the amount of time spent at home due...
Dayv Morgan: Strategies for buyers in a seller’s market
The shortage of homes for sale has created fierce competition amongst buyers, often creating bidding wars. In mid-July I listed a home on Friday...
Realtor: Floodplains always impact homebuying, selling
By Dayv Morgan
One of the overlooked aspects of house-hunting in Maricopa is the floodplain.
Although Maricopa has not had a serious flood in decades, flood...