Blog To You!

Today’s Real Estate market has a varied landscape. The valley is so large that the picture is very different from one end of town to the other. Pocket areas within each city show that values are still on the rise, however they are not increasing at the rate we’ve experienced in the last few years. The media is providing a large picture, an overview of how things are taking shape on the real estate front. In order to provide a statistic for the nation, the successful communities are being lumped in with those areas that are experiencing a loss in home values thus creating a blanket ‘doom and gloom’ picture for both buyers and sellers.

The Silver Lining is the wonderful opportunity that has been created for buyers of all types. Homes are staying on the market longer than in recent years creating a difficult situation for some sellers that need to or wish to move from their existing home. Interest rates are also historically low and may even fall again. Buyers have the opportunity to take their time and find the right home while investors are finding that sellers are motivated to move on which may result in a purchase below comps. Starting a dialogue by making an initial offer will help you quickly determine if there is urgency by the seller. Be realistic in your approach as not every seller wants a quick exit strategy. Some are willing to wait.

This is a great time to buy and the opportunities are out there to purchase a wonderful home. We offer so many great services for buyers and sellers and would enjoy the opportunity to help you journey down the path to home ownership. Contact me via e-mail at jen.kelly@azreallink.com or call my office at 480-991-0118 for a no obligation meeting.