The market is truly shifting as we speak to a much healthier market in Arizona. Inventory is getting bought up quite quickly and well staged homes that are priced right do not stay on the market very long. It is definitely time to make your purchase this year so can potentially take advantage when the market adjusts up again.
Most of the time, all we ever hear on the news is doom and gloom about our economy. Before I talk about real estate, let me personally challenge you as you try to “win” the race for your own family. About a month ago, I made a decision to turn off the news and focus on growth…growth for myself and my own “personal economy.” You see, for many years, I would wake up to the news and go to bed with the news. Unfortunately, most of the news is very negative and down right depressing. About 2 months ago, I made a committment to subscribe to the “golden hour” which is simply an hour that I spend before I go to bed each night with the TV off and my journal open. Wow! What a difference that has made. What do I do during this “golden hour?” Well, I journal about the positive things that happened to me that day and the key “dollar productive” activities that will move my business forward the next day.
In fact, in the last week, I have written 7 offers and 4 of them have been accepted. I have not written an offer all week that wasn’t in a multiple bid situation. That is really good news for our real estate market and most importantly, the beginning of recovery in Arizona. In my humble opinion, we are at the bottom because now we are regularly getting multiple bids on property. 2009 will be the year of inventory absorption where investors and smart buyers jump into the market. If you are sitting on the sidelines waiting for a better opportunity, you may be waiting too long.
Everyone that truly follows real estate is aware of the R.L. Brown Reports. These reports come from a leading real estate statistician and expert in the valley. All serious full time real estate professionals look to these reports for guidance. Please read the excerpt below with a summary from Jan Buchholz of the Phoenix Business Journal. The good news is that new home sales prices have actually gone up over the past few months. Recover is likely to be around the bend.
I want to provide my clients with the latest in Green Technologies. I have partnered with a well known architect in Phoenix named Patrick McGlone. He has been so kind to provide me with “The Top 12 Green Elements to Implement in a House.” Not only is going green going to help with our environment, but it will also save you money as you implement these technologies.
As consumers continue to move toward more clean, contemporary styling, manufacturers are accommodating these desires by presenting many upholstered pieces which focus on the organic form. Some excellent examples of this are presented in the new signature line created for Lazar Furniture by HGTV’s Michael Payne (Designing for the Sexes).
Everyday I run across smart and good people who have been brutally affected by this economy. Even those of us who bought homes at average purchase points are way underwater. If you are not familar with what a “short sale” is, here is a simple definition: It is known as a short pay or short [...]
A buyer’s market should be just that – a buyer’s market. It’s not a fence sitting, waiting, loitering, delaying, postponing, vacillating, hesitating, wavering, faltering, pausing, foot shuffling market. It’s a buyer’s market. By it’s very name it means buyers should be doing one thing and one thing only – buying.
You may be eligible for a tax deduction of up to $1.80 per square foot for improving the energy efficiency of your existing commercial buildings or by designing high efficiency into new buildings.
If you or someone you know is falling behind on their mortgage, you need to read this article. We offer a FREE analysis of your situation with no obligation. Very few real estate agents fully understand the short sale process like we do. These are basic questions and answers for anyone who needs help and advice on their options…
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