Rising Interest Rates Doesn’t Mean Falling Home Prices

Anyone scanning the internet will see many claims that home prices fall when interest rates rise. This is sometimes stated as an obvious fact, but actually it is simply an urban myth. Just because many people believe it, does not Continue reading

Attention Lottery Winners!!!

This article is just for lottery winners…big $$ lottery winners.  Ok, lottery winners see this great article about the most expensive properties in each state.  Since I use to spend my Summers on Lake Okoboji in Iowa I kind of like Continue reading

Cyber Criminals Targeting Real Estate Transactions

This is a great article from Pam Zekman of CBS Chicago.  I have not heard of it happening yet in Arizona, but we should never be too cautious. In Arizona the title company/escrow officer will typically include wiring instructions with the Continue reading

Housing Market Update

Sales under $200K represented 46% of all MLS sales in August so the impact of strong price appreciation in this area is significant in overall market measurements. Another 29% of purchases made in August were between $200K and $300K.  The Continue reading

Sellers/Landlords Still Holding Serve!

Any tennis fans out there?  Well the sellers/landlords are playing a lot like Serena and not giving any ground to the buyers/tenants. See some interesting stats below about the current state of the real estate market. There are currently 12,739 Continue reading