April 2017

Interest rates…you always hear about them. I don’t know about you, but worrying about my interest rate makes me more stressed on top of looking for the home of my dreams. Interest Rates are a necessary evil. I mean, why can’t they just lend us the money for free? Haha, I wish!

The rumor is that the Fed will be hiking interest rates up 3 times this year, which could mean your purchasing power will go way down. We don’t know if it will really happen, but the economy is getting stronger, which usually means rates go up. For example, I had a client purchase last year at a 3.5% interest rate. Now, we are projected at 4.5% for our new home that will close toward the end of the year. That doesn’t seem like much, but when I saw this graphic it really opened my eyes.

Prices and rates are most likely heading upward. Last year we could have purchased a $350,000 home vs. this year where we could purchase up to $310,296. In our hot Phoenix market, that is a big difference in home size and features. It could even be the difference in moving to your preferred area with the higher rated schools and getting that gorgeous backyard oasis you’ve been dreaming of.

This is definitely something to think about! Do you want to pay the same amount for a smaller home? I don’t!

JD aka #NewBuildNinja

[email protected]

We had our pre-construction meeting a few weeks ago! This is where you meet your Project Manager or Superintendent as they call them sometimes. The purpose of that meeting is to learn the expectations of the build process and meet the person who will be overseeing everything. We went over our design selections to verify they had everything we had chosen. He let us know that the tension cables were in and the slab was going in in a few days! Luckily we went over there to see it because just a few days later we were SHOCKED to already see the frame up. It was really surreal, Chris kept looking back as we were driving like “NO WAY, Is that our frame!?”

Sure enough, there it was! At that point was where it started to feel real. Our neighbors homes are starting to sprout up as well. We’ve already met one of our new neighbors through the neighbors Facebook page who has girls around Munch’s age. It really solidified our decision to choose this neighborhood. There is such a sense of community. I’m so excited to do the FREE bootcamp in the park 3 days a week and FREE water aerobics 2 nights a week. Our section is selling out pretty fast as people are seeing the value in such an amazing neighborhood.

Next step will be our pre-drywall inspection where we verify all the electrical is in the right places and check it out before they cover up all that wood frame!

If you’re interested in learning about new builds, let me be your guide! It is in your best interest to be represented by a Realtor in a new build transaction. It does not cost you any money for me to help you, but can save you tons of money! I have some inside information on the new amazing neighborhoods that are popping up, feel free to reach out!

-JD aka #NewBuildNinja

[email protected]

Mortgages Aint Magic, Get the Real Deal Here!

Are you afraid to chat with a Mortgage Lender because of fear of being let down? Think your questions are stupid?

Well, they are NOT! We went live on Facebook with one of the TOP rated Mortgage Lenders in Arizona and he was happy to answer the questions you’ve been dying to ask. He doesn’t bite, promise!

Check out how you can buy with ZERO down! YES, it still exists! 

Isn’t that an awesome thumbnail screen?!

If you would like to have a quick chat with Ryan to get yourself on the right path to home ownership you can check out his page, Finance Questions, on our website or email me at [email protected].

Peace and Love,

JD aka #NewBuildNinja

[email protected]