Tuesday, April 25, 2017

Spring 2017 Greater Phoenix - Home Price Update

 
Spring 2017 Greater Phoenix - Home Price Update
 
Friends and Clients,
 
If you are looking to sell your home; there have been three recent developments making this spring a unique moment to do so quickly and at a top price.
 
First, mortgage rates have stabilized. 
  • From a low of 3.41% last July, the 30-year fixed mortgage rate spiked up after the election and reached a high of 4.31% in December.  However, rates have stabilized over the past few months, and despite the increase, they are still near historical lows.  Lower mortgage rates allow you to afford a more luxurious home.
Second, jobs are up. 
  • The U.S. Bureau of Labor Statistics reports 235,000 new jobs in February and 2.3 million over the past year. This reflects continuing growth in consumer and business confidence over recent months.​
Third, housing inventory is at a record low. 
  • February saw a 17.9% year-over-year drop in the number of homes on the market. This is the 100th consecutive month of year-over-year declines, going back to October 2008. 
So what do these three developments mean for you?

First, if you’re looking to sell your house, that means you will be able to do so quickly: Demand for homes is strong and will continue to get even stronger due to the growth in jobs and the low and stable mortgage rates. The statistics bear this out: homes sold within an average 68 days this February compared to 75 days in February 2016.

Second, it means you can expect to sell your home at a top price: Because of strong demand and low inventory, prices continue to increase. On a national level, home prices rose 6% year-over-year in February. 
 
Curious About Your Home Value:  www.PhoenixHouseValue.com
  
Looking to Buy a Home: Search Local Properties
 
Whether you’re selling or buying this spring, call me 602-413-8195.  I’m here to help, and I can give you more detailed information about the situation on the ground.
 
Have a great day

Monique Walker
RE/MAX Excalibur
Realtor
Phoenix, AZ
Mobile: (602) 413-8195
Monique@MoniqueSells.com

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Monique Walker
8510 E Shea Blvd #100
Scottsdale, Arizona 85260
US

Wednesday, April 12, 2017

The hot (listing) season is almost here

The hot (listing) season is almost here


How to Take Advantage of the Hot
Spring Selling Season


Click here to watch my video!
 

4/12/2017 | Phoenix, AZ

More real estate sales happen in springtime than any other season here in Maricopa County. As of right now, we’re just about to enter the two hottest months of the whole year. This is ordinarily a great time to sell your house, but it’s especially true this year. Why? There are a few unique conditions we’re experiencing. To learn more,
watch my latest video.

Watch on your Mobile Device!

 

Looking to sell your Phoenix Metro Market Home?
Get a FREE Home Value Report

 

Looking to buy a Phoenix Metro Market Home?
Search All Homes

You may also call me at (602) 413-8195 for a FREE home buying or selling consultation to answer any of your real estate questions.
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Tom Ross
Nova Home Loans

(602) 791-5961
tom.ross@novahomeloans.com

Sincerely,

Monique Walker
RE/MAX Excalibur
Phoenix, AZ
Mobile: (602) 413-8195 
Monique@MoniqueSells.com



You subscribed to our newsletter through our website, by emailing us asking for extra information or sales materials, by subscribing to our news through a sister site, by attending one of our events, or perhaps just because you're a friend or connection of us. If you don't wish to receive these updates, please unsubscribe anytime, below:




Click to view this email in a browser

If you no longer wish to receive these emails, please reply to this message with "Unsubscribe" in the subject line or simply click on the following link: Unsubscribe

Monique Walker
8510 E Shea Blvd #100
Scottsdale, Arizona 85260
US