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Tuesday, December 05, 2017   /   by Bret Johnson

5 Tips for Homebuyers in 2018

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What do you need to do now in order to get the best deal when buying a home in 2018? I have five tips for you today.

1. Check your credit score now. It’s important to know your FICO score. Any change in your score can mean thousands of additional dollars in interest or payments over the years. FICO scores run from 300 to 850, so knowing where you’re at will definitely help you prepare for the mortgage application.

2. Do not open new credit cards. I know that it’s super tempting to sign up for a retail card during the holiday season to take advantage of that 15% to 20% off. The issue is that the new trade line will affect you in the mortgage application process and hurt your purchase power down the road.

3. Interview potential real estate agents. Everyone knows a Realtor, whether it’s a family member or friend. Typically, the stress of buying a home can re ...

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Wednesday, November 08, 2017   /   by Bret Johnson

Staging: Get the Most Bang for Your Buck

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Today’s topic is in response to an email from past clients, John and Nancy. I’m going to answer the question, “What do you do to get your home sold for the most money when it comes to staging?”

With that, here are the top five tips I have:

1. Reduce all clutter. There are so many items when you live in a home that just become a part of your day-to-day life—things on your countertops, in the corners of your bedroom, under the bed, etc. Get all of that stuff out of there. Buyers need to have a feel of the house and be able to think of it as their own, without the distraction of your personal items.
2. Use neutral colors. This includes furniture as well. Things that detract from the property only stand to hurt you when it comes to selling.
3. Scrub, clean, and deodorize. There’s nothing worse than when you enter a house and you detect an odor, especi ...

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Monday, October 23, 2017   /   by Emily Adams

What’s the Latest Word From Our Phoenix Market?

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What do the latest numbers say about our Phoenix market?

At this point in October, properties across the Phoenix metro area are averaging $156 per square foot, which is a 1% increase from last month. The number of pending sales, or homes we refer to as “under contract,” have also increased by almost 2% in that same time span. About 95% of that activity comes from regular sellers, and the other 5% is represented by distressed sales, which includes foreclosures and short sales.

It looks like the third quarter slump is behind us, and we should see the same level of appreciation we have been seeing over the next couple months. However, the number of pending sales is low, and we’ve only seen it this low a couple of times in the past decade. This tells me that pricing is putting pressure on demand. This is definitely something we’ll continue to watch.

What&rsquo ...

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Wednesday, October 04, 2017   /   by Emily Adams

What Happens If You’re Not Happy With Your Home Purchase?

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As a homebuyer, how do you protect yourself from making a mistake?

Purchasing a home is a big decision, and it’s one that you’ll literally have to live with. In a low inventory market like ours, many buyers worry that they might be pressured into making the wrong choice.

What happens if you move in and you aren’t happy with the home?

Don’t worry. Our exclusive Realty Protection Plan is an amazing feature. Basically, if you buy a home through us, we guarantee your satisfaction. If you’re not happy with the property, give us a call. We will buy it back from you or sell it for free.

This is not a gimmick. If you are unhappy with the home and it simply isn’t going to work for you, we will come out to buy it back from you. If we cannot come to an agreement on the purchase price, we’ll sell it for you for free.

That way, you can go out ...

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  sacrifices to buy a home

Thursday, September 14, 2017   /   by Bret Johnson

This August Market Update Is Hot off the Presses

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Here are the latest numbers from our August 2017 market.

This year, appreciation during the month of August rose 6% from 2016. Also, the median sales price is up by 1%, sitting at $251,000.

However, the number of sales in our August market varied slightly depending on whether the home was a resale or a new construction. The number of resales sold in August is up 4% year over year, while new home sales are up by 15%.

This is definitely a hot market for new homes. Speaking of new homes, builders are tending to make them smaller. This means that the price per square foot has gone up.

With that said, every market is different. Within our Phoenix area market, some areas are definitely hotter than others.

Right now, Coolidge, El Mirage, and Arizona City are the top three areas in terms of appreciation. In fact, Coolidge has seen a 14% year-over-year increase.

On the other ...

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