We’ve all heard the saying, “No news is good news,” right? Well, not necessarily in the real estate process. While not hearing anything could be deemed as everything is moving along smoothly, it could also mean there are critical dates and deadlines being missed. There should be one person at the helm of the entire escrow/transaction process and typically, that person should be your licensed real estate professional. A lot of companies will enlist the help of a licensed transaction … [Read more...] about Why Communication is Essential in the Real Estate Process
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Arizona Leads Nation In Homeownership Growth
Arizona is adding homeowners faster than any state in the nation, a sign of continued growing economic momentum in the state. The state’s quarter-over-quarter homeowner rate change increased by 7.7 percentage points in Q2 2020, according to data from the U.S. Census Bureau, the best in the nation.“The American dream of owning a home is alive and well in Arizona,” said Governor Ducey. “People continue to flock to Arizona for our growing jobs market, unbeatable quality of living, and affordable … [Read more...] about Arizona Leads Nation In Homeownership Growth
Examining the Real Estate Market from the Trenches
This has been a remarkable year in many ways, but a very unusual year for the residential real estate market in Flagstaff. January and February seemed a bit busier than our previous early 2019 reports, but nothing prepared those in the real estate industry for what was to come. After the COVID-19 pandemic changed the way we work and live in Flagstaff, many predicted our real estate market would slow down or even see price reductions, as business owners and their employees were shut down and … [Read more...] about Examining the Real Estate Market from the Trenches
Real Estate – Behind the Scenes
Do you ever wonder what your real estate agent is doing for you while his or her sign is posted in your front yard? Or maybe you ask yourself how much is my realtor helping with the largest purchase I’ll likely make in my lifetime? And what’s that six percent commission really buying me? The answer to each of these questions is: “A lot.” A well-rounded, competent, full-time real estate agent is working around the clock to ensure that the home buying and/or home selling process are running … [Read more...] about Real Estate – Behind the Scenes
Offering Flagstaff Real Estate Advice in a Busy Market
When the world is filled with uncertainty in these unprecedented times, it can be scary to decide what actions to take that will make sense in the future. Luckily, there is a world of experts who can guide us for all matters in real estate in the midst of these choppy waters. The COVID-19 crisis is a massive tragedy and will change the world as we know it. As with all things, however, this too shall pass. We are resilient and hopefully will adjust to our new world the best we can. Our nation, … [Read more...] about Offering Flagstaff Real Estate Advice in a Busy Market
Exploring the Spooky Side of Real Estate
Happy Halloween, and happy house hunting – or so we think. Not all homes are brand new with fresh paint, sparkling countertops and new finishes. Some homes have an uneasy past, or even a creepy former life. It is well known that Flagstaff has many haunted accounts. Google “Haunted Flagstaff” to discover that multiple hotels and locations have disturbing narratives. The Weatherford Hotel, Hotel Monte Vista, Orpheum Theater and the Public Library are on the short list of haunted buildings. That’s … [Read more...] about Exploring the Spooky Side of Real Estate
Exploring Five Real Estate Myths
We have all heard the sage words “buy low, sell high” and as an investment axiom, this one is pretty hard to beat. However, in real estate there are some tightly held beliefs that are almost as widely accepted but in most cases, just not true. Below are a few of the most common of these and the reasons why they should typically be avoided. 1 When listing a home, you should always start “on the high side.” You can always come down. This is one of real estate’s most pervasive fallacies. It … [Read more...] about Exploring Five Real Estate Myths
How to Find your Homebuying Dream Team
Whether you’re preparing to buy your very first home or purchase land and build your dream home, navigating the homebuying process can be complex and challenging. It’s important to have a trusted financial partner on your side throughout the process, one who is equipped to help you from application to closing and beyond. In many ways, finding the right mortgage specialist to work with is just as important as teaming with the best realtor. As a potential homebuyer, you have the power to … [Read more...] about How to Find your Homebuying Dream Team
Preparing Your Home to Sell
Spring is in the air! The real estate market is beginning to warm up. Many home sellers are embarking on the daunting task of prepping their home for a spring/summer sale. Traditionally, these warmer months bring increased energy to the Flagstaff real estate market. According to NAAR’s 2019 Profile of Home Staging, “When staging a home... 39 percent of respondents stated that staging a home increased the dollar value of the home between 1 and 10 percent.” De-Cluttering, … [Read more...] about Preparing Your Home to Sell
Being Kind: A Realtor’s Perspective
One of the touchstones for the Realtor’s Commissioner Standards is the concept of the “Golden Rule.” Treat others as we would like to be treated. Or, more succinctly, be kind. Something our parents told us, and we pass on to our kids. This concept is extremely appropriate when it comes to real estate sales transactions. A real estate contract is a framework of rules to which all parties must adhere, a legally binding process, if you will. The parties involved in a contract, the buyers and … [Read more...] about Being Kind: A Realtor’s Perspective