Not long ago, home sellers were in their heyday, as historically low mortgage rates triggered a real estate buying frenzy. However, the Federal Reserve shut down the party when it began

Not long ago, home sellers were in their heyday, as historically low mortgage rates triggered a real estate buying frenzy. However, the Federal Reserve shut down the party when it began
To avoid buyer's remorse, be sure to consider your future self when shopping for a home. Most new homebuyers don't regret becoming homeowners. In fact, according to a survey by LendingTree,%
Does your current home no longer serve your needs? If so, you may be torn between relocating to a new home or renovating your existing one. This can be a difficult choice, and there is a lot to
National Real Estate Market Update for 2023 There’s an old adage in real estate: location, location, location. But ever since the Federal Reserve began its series of inflation-fighting
It's not easy being a first-time homebuyer right now. At the end of last year, housing affordability hit an all-time low.1 Additionally, mortgage rates have risen significantly since 2021, while
Keeping a clean and orderly home is a challenge for many of us. Between busy work schedules, social obligations, and family commitments, it’s tough to keep up with daily chores—let
When it comes to listing their home, most home sellers want three things: 1) to make a lot of money, 2) to put in minimal time and effort, and 3) to sell quickly. But the reality is, selling a
Over the past few years, many of us have spent extra time at home—and that means we appreciate the personal design touches that make a house cozy and comfortable more than ever. Some of
Last year, one factor drove the real estate market more than any other: rising mortgage rates. In March 2022, the Federal Reserve began a series of interest rate hikes in an effort to
You don't have to break the bank to celebrate the holidays in style—even in this season of inflation. Prices may be higher on everything from food to gifts to decorations, but there are
Deciding whether to jump into the housing market or rent instead is rarely an easy decision – especially if you’re a first-time homebuyer. But in today’s whirlwind market,
Mortgage rates have been on a roller coaster ride this year, rising and falling amid inflationary pressures and economic uncertainty. And even the experts are divided when it comes to
The process of buying a new home can be both exhilarating and exhausting. But the journey doesn’t stop when you close on your property. On the contrary, you still have quite a bit to do
No matter what’s going on in the housing market, the process of selling a home can be challenging. Some sellers have a hard time saying goodbye to a treasured family residence. Others want to
The last two years caught many of us off guard—and not just because of the pandemic. They also ushered in the hottest housing market on record, with home prices rising nationally
Our nation is in the midst of a serious housing crunch. Last year, a lack of inventory and soaring prices left many would-be homebuyers feeling pinched. But now, with interest rates climbing,
We’re still in a seller’s market, but that doesn’t mean your home is guaranteed to easily sell.1 If you want to maximize your sale price, it’s still important to prepare your
There’s a lot to consider when selling your home, from the market and appraisals to where you’ll go next. Don’t forget, however, that design is also a key factor. It’s often
A Return to ‘Normal’? The State of Real Estate in 2022 Last year was one for the real estate history books. The pandemic helped usher in a buying frenzy that caused home prices to
New Build or Existing Home: Which One Is Right for You? Homebuyers today are facing a huge dilemma. There simply aren’t enough homes for sale.1 Nationwide, there were 1.27
Shut Down Home Intruders with These 7 Safety Strategies According to the FBI, more than one million burglaries are committed in the United States each year, with victims suffering an estimated
9 Tips for Buying and Selling Your Home at the Same Time Selling your home when you still need to shop for a new one can feel daunting to even the most seasoned homeowner–&ndash
It’s the old supply-and-demand predicament: Home sales in the U.S. continue at a torrid pace, but the availability of listings remains limited. Buoyed by historically low mortgage rates,
If you’re searching for drama, don’t limit yourself to Netflix. Instead, tune in to the real estate market, where the competition among buyers has never been fiercer. And
Learn how to determine your current net worth and how an investment in real estate can help improve your bottom line. Among its many impacts, COVID-19 has had a pronounced effect on the
Just a few days ago I had a conversation that started me thinking.Uh oh, that means people are going to get statistics and graphics. Sorry for those who find statistics boring, but yes I geeked out
Finding a New Home for Your Next Stage of LifeImagine the first place you lived as a young adult. Now imagine trying to fit your life today into that space. Not pretty, right? For most of us, our
Today’s real estate market is one of the fastest moving in recent memory. With record-low inventory in many market segments, we’re seeing multiple offers—and sometimes even
While many areas of the economy have contracted, the housing market has stayed remarkably strong. But can the good news last?When COVID-related shutdowns began in March, real estate
We’ve all spent a lot more time at home over the past year. And for many of us, our homes have become our office, our classroom, our gym—and most importantly, our safe haven during times
New Year, New Home? Set Homeownership Goals Whether You’re Buying, Selling, or Staying Put The start of a new year always compels people to take a fresh look at their goals, from
10 Ways to Give Back to Our Local Community This Holiday Season This year has demonstrated, perhaps more than ever, the importance of our family, friends, neighbors, and community. It truly
The New Normal: A Strong Housing Market Expected to Continue into 2021“2020 will be known for a lot of things, and a record-breaking year for real estate will certainly be one of its more
5 Secrets Buyers and Sellers Must Know About Virtual Home Tours For years now, virtual home tours have helped real estate buyers far and wide find the perfect home. From long-distance military
Move-Up vs. Second Home: Which One Is Right for You? The pandemic has changed the way many of us live, work, and attend school—and those changes have impacted our priorities when it
In July, the average 30-year fixed-rate mortgage fell below 3% for the first time in history.1 And while many Americans have rushed to take advantage of this unprecedented opportunity, others
Add Value to Your Home with These 9 DIY Improvements Whether you’re prepping your house to go on the market or looking for ways to maximize its long-term appreciation, these nine
Traditionally, spring is one of the busiest times of the year for real estate. However, the coronavirus outbreak—and subsequent stay-at-home orders—led many buyers and
20 Ways to Save Money and Stretch Your Household Budget These days, it seems like everyone is looking for ways to cut costs and stretch their income further. Fortunately, there are some
#StayHome: How to Create Functional Spaces in Your Home During the Coronavirus Outbreak Since the outbreak of the novel coronavirus (COVID-19), many of us are spending a lot more time at home.
Hello everyone! First I hope everyone is staying home as much as possible and staying as safe as possible. Take precautions and take care of yourself and your family.I am still available to you for
Whether you’re planning a simple refresh or a full-scale renovation, it’s important to stay up to date on the latest trends in home design. Sellers who make tasteful updates can generate
Read my full Blog post on this topic. 2020 Outlook:Real Estate Market
Homeownership offers many advantages over renting, including a stable living environment, predictable monthly payments, and the freedom to make modifications. Neighborhoods with high rates of
Home values in the Prescott Tri-City area continued to increase in 2019 following the trend of the past five years. Home values have averaged 5.4% annual increase over the past five years.
We’re in the midst of the longest economic expansion in U.S. history, and economists think there’s still room to grow. A recent survey by the National Association for Business
Are you searching for new and innovative gift ideas this holiday season? If so, check out our list of the hottest home technology offerings. We’ve selected a few of our favorites for every
5 Steps to Finding Your Next Home Whether you’re a first-time buyer or a seasoned homeowner, shopping for a new home can feel daunting. In fact, 56% of buyers said that “finding the
Everything You Need to Know About iBuyers and the “Instant Cash Offer” Technology is changing the way we do almost everything, and real estate transactions are no exception.
National Snapshot: How’s the Real Estate Market? The U.S. unemployment rate is at a 50-year low, and consumer confidence remains high. In fact, the University of Michigan’s
Watch our short video for all you need to know about home sales in Prescott, Prescott Valley and Chino Valley. Did prices go up again? Watch and learn!Wondering how a specific neighborhood is
In our “bigger is better” culture, there’s an expectation that each home should be larger and grander than the last. But life changes like divorce, kids leaving for college, or
Watch our latest video for the most up to date Real Estate information. Did our prices go up? Are homes selling faster? Get the answers in our video!Want to get our updates delivered? Just click on
Will Your Remodel Pay Off? The Best (and Worst) Ways to Spend Your Budget Most new homeowners have something about their property that they want to change. And as family needs and design
Prescott Market Review June 2019Highpoints:Inventory Levels Still Lower than Buyer DemandSold Prices Holding Steady with Slight DecreasesHomes are Selling Faster Low Interest Rates May
Serious About Selling? 5 Steps to Make Your Home the Best on the Block We all want to be good neighbors. But when it comes to selling your home, it’s not just about “keeping up
Top 6 Home Organization Upgrades that “Spark Joy” for BuyersThanks to Marie Kondo and her hit Netflix series “Tidying Up,” home organization is a hot topic right now.
New format this month for our Market Review. Please let me know how you feel about the new voiceover vs the old music only version. Don't miss a report, subscribe now and we'll!
If you’re thinking about buying a home, you’ve probably received your share of advice from family and friends. Add to that the constant stream of TV shows, news segments, and social
The numbers are in for March 2019. Take a look at the video and see what took place in Prescott, Prescott Valley and Chino Valley. The Tri-City area of Prescott, Prescott Valley and Chino
What’s Your Home Actually Worth? Discover What Buyers Will Pay in Today’s MarketIt’s easy to look up how much money you have in your savings account or the real-time value of
The list price to sales price ratio dropped back into a normal range. Last month saw a total average for the Tri-City area at greater than 100% which means some homes sold for more than the asking
January 2019 Market ReviewThe number of new listings saw a large increase in January over December, but the number of sold homes was down. The average sold price for the Tri-City area held steady
As we begin another year, everyone wants to know: “Where is the housing market headed in 2019?” It’s not only buyers, sellers, and homeowners who are impacted. The real estate
Happy New Year! Take a look back at 2018!As we begin our journey through 2019 let's look back at 2018. Take time to review how the real estate market performed. By comparing the past two years we
10 Ways to Share the Spirit of the Season - Starting from HomeThe holiday season is upon us, and many of us have already begun to celebrate. From trimming trees to lighting candles, it’s
For the 16th straight month the Tri-City area has less than 4 months worth of residential homes available for sale. Industry standard tells us that anything under 6 months of inventory is considered
It’s a common misconception that you shouldn’t try to buy or sell a home during the fall and winter months.This is generally considered the “offseason” in real estate. Many
Prescott AZ and surrounding towns had a drop in the number of newly listed homes for sale, while the number of sold homes increased in October 2018. The total months’ worth of inventory
“How’s the Market?” What’s Ahead for Real Estate While no one can predict the future with certainty, most experts expect to see modest growth in the U.S. housing market
Prescott AZ and surrounding towns experienced more shifts in September. We saw an increase in the months' worth of inventory available for sale to 3.21 months. This is the highest total inventory
Are You Covered? A Homeowner’s Insurance Guide No one likes to think about disasters. Severe weather, fire, theft—or even a seemingly small issue like a broken pipe—can wreak
The real estate market in Prescott and surrounding towns saw a slight decrease in average sold price and inventory levels for the month of August. Prescott days on market dropped, as well as
Tri-City average sales price decreased by almost $6K from the June average. However, it saw a $33,000 average sold price increase compared to July of 2017.Days on market average increased, as well
How to Avoid the Top 8 Home Inspection Mistakes It’s easy to get swept up in the excitement of buying a home. Once you’ve had an offer accepted on your dream house, you’ll
June 2018 Prescott Real Estate Market ReviewHomes are selling faster and for more money. Watch the above video to see the numbers for our Prescott AZ area. Combined totals for Prescott,
May 2018 proves to be another month of historically low inventory levels keeps our area firmly in a "seller's market", meaning there is higher buyer demand than inventory overall. The average sold
10 Staging Secrets from the Pros for a Quick Home Sale at Top Dollar Source: National Association of Realtors According to the National Association of Realtors, staging a home prior to
April sees a continued strong Seller's market throughout the tri-city area. Total residential inventory level for April was less than three months. Overall the average sold price saw a slight drop
From summer vacations to winter holidays, it seems each season offers the perfect excuse to put off our to-do list. But be careful, homeowners: neglecting your home’s maintenance could put
Home Buyer’s Guide to Getting Mortgage Ready The Home Buyer’s Guide to Getting Mortgage ReadyDon’t wait until you’re ready to move to start preparing financially to buy
The Prescott area residential real estate market saw an overall increase of months worth of inventory. At 3.27 months of inventory it is still well below the median 6 months indicator of a "