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...
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...
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...
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...
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...