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The Perfect Fall Trip to Strawberry, AZ
Strawberry, Arizona is a popular weekend retreat for desert-dwellers that want to escape the summer heat, see fall leaves changing or enjoy winter weather. Sitting at an elevation of about 6,000 feet, Strawberry offers meadows of springtime wildflowers, cool...
Buyer Mindset Shift: Existing Homes Now Preferred Over New Builds
Where things stand This past April, it was reported that 60% of buyers preferred a new build over an existing home. Not surprisingly, there has since been a major shift in the mindset of buyers to favor existing homes that are relatively turn-key. These...
Where Have All the Houses Gone?
Where Have All the Houses Gone? In today’s housing market, it seems harder than ever to find a home to buy. Before the health crisis hit us a year ago, there was already a shortage of homes for sale. When many homeowners delayed their plans to sell at the same time...
The Reason Mortgage Rates Are Projected to Increase and What It Means for You
The Reason Mortgage Rates Are Projected to Increase and What It Means for You We’re currently experiencing historically low mortgage rates. Over the last fifty years, the average on a Freddie Mac 30-year fixed-rate mortgage has been 7.76%. Today, that rate is 2.81%....
How Much Leverage Do Today’s House Sellers Have?
How Much Leverage Do Today’s House Sellers Have? The housing market has been scorching hot over the last twelve months. Buyers and their high demand have far outnumbered sellers and a short supply of houses. According to the latest Existing Home Sales Report from...
6 Foundational Benefits of Homeownership Today
6 Foundational Benefits of Homeownership Today Over the past year, our homes have become an integral part of our lives more than ever. They’re much more than the houses we live in. They’re our workplaces, virtual schools, and safe havens that provide shelter,...
The Luxury Market Is Attracting Buyers in 2021
The Luxury Market Is Attracting Buyers in 2021 As more people continue to identify their changing needs this year, some are turning to the upscale housing sector for more space or finer features. In their most recent Luxury Market Report, the Institute for Luxury Home...
3 Reasons We’re Definitely Not in a Housing Bubble
3 Reasons We’re Definitely Not in a Housing Bubble Home values appreciated by about ten percent in 2020, and they’re forecast to appreciate by about five percent this year. This has some voicing concern that we may be in another housing bubble like the one we...
47% of New Buyers Surprised by How Affordable Homes Are Today
47% of New Buyers Surprised by How Affordable Homes Are Today Headlines matter. Right now, it’s hard to read about real estate without seeing a headline that suggests homes have become unaffordable for most Americans. In reality, there’s hard evidence that shows how...
Millennials: Is It Time to Buy a Bigger Home?
Millennials: Is It Time to Buy a Bigger Home? In today’s housing market, all eyes are on millennials. Not only are millennials the largest generation, but they’re also currently between 25 and 40 years old. These are often considered prime homebuying years when many...