Another quake is coming! Shake, rattle, and roll time!
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As we approach the holidays, we are asked this question more and more often: Is now a good time to buy? The answer is unequivocally YES! Why? It’s simple. If a home is listed during the holiday season, you have a motivated seller. They want to sell. Buyer activity also slows down during this time of year. What does that mean? Less competition! You’ll be in a great position to negotiate with both of these working for you. Keep in mind… pricing got worse in the last few days so, if you are looking to buy before the year end, now’s the time to call (or text) us for the best deal on your new home! 480.250.0023
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Sellers are beginning to feel the “holiday slowdown” as we move further and further away from the feeding frenzy of summer. We had fewer sales in September and did experience a spike in new listings. Our inventory has increased just a bit causing more competition for sellers and more selection for buyers. Interest rates remain low allowing for affordable financing. Increased inventory, motivated sellers, and affordable financing? It is the perfect storm for homebuyers.
August achieved its typical cycle with a bit of a slow down compared to the summer rush. We are up a bit in inventory and down a bit in sales but the numbers still suggest a healthy market meaning sellers are selling and buyers are finding homes to buy without having to deal with much competition from other buyers. Since the beginning of September we’ve noticed an increase in showing activity across the board. It seems that September is on track for its typical cycle as well. Mortgage rates will have an effect on this however we aren’t sure what is going to happen with rates come October.