Home Value

Ask about the benefits of homeownership and you’re likely to hear about financial stability and tax advantages. And, for good reason. Home ownership is all of those things. Owning a home builds equity, which can even lead to generational wealth. It’s sometimes even described as a forced savings account. While the financial rewards of homeownership—financial stability, equity and tax...

While not the case with most other parts of the economy, the housing market remained relatively unscathed when it emerged from 2020. In fact, some might characterize it as being stronger than ever. High demand, bolstered by low mortgage rates, has resulted in higher home prices—and that’s a story that’s played out here in Arizona as well as across the country. Despite the strong seller’s...

Saying that the housing market is highly competitive is an understatement. Continued tight inventory means buyers can expect conditions to continue. But if you’re looking to make a move, whether first-time homebuyer or not, don’t let frustration rule the day. As with any challenge, being prepared is often the key to coming out on top. Someone is getting an offer accepted—it may as well be...

There’s nothing new about the competitive real estate market facing buyers. If you’re hoping to buy a new home, you may be feeling some anxiety over what is frequently a multiple offer situation. So, what’s a buyer to do? Here are 12 strategies buyers have successfully used to get their offer accepted, despite competing in a crowded field of buyers.  Offer an escalation clause. This...

The holidays can be one of the busiest times of the year. If you’re thinking about listing your home, you may be wondering whether you want to add to the hectic holidays or simply wait till after the new year. There’s nothing wrong with listing during the holidays. In fact, you might gain an advantage because potential buyers may have taken some time off of work and have fewer job distractions to...