Blog Archives

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Arizona Is Hot!

Yes summers can be hot here, but I’m talking about Arizona residential real estate, not the weather. Forbes analyzed over 2,000 cities and then focused on the 200 largest housing markets. Arizona cities ended up taking 8 of the top 25 spots on Forbes list of the hottest U.S. residential real estate markets.

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They’re Moving to Phoenix.

More than a third of people searching Redfin.com for Phoenix homes last quarter were from out-of-town. In the Redfin Migration Report (www.redfin.com/blog/q1-2019-housing-migration-report), Phoenix was named as the top destination in the country, particularly among people from Los Angeles and other expensive and high-tax metropolitan areas.

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Arizona’s Low Energy Costs.

Arizona is the 5th cheapest energy cost state in the U.S. – beating both California and Florida, according to WalletHub.  Save money by moving to the Phoenix metro area!

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Arizona Tourism Up!

Arizona set new tourism and related spending records in 2014.  More than 40 million people stayed overnight in the state of Arizona in 2014, generating nearly $21 billion in direct spending according to the Arizona Office of Tourism on Monday.  Visits by international tourists were also up 6.3% from 2013.

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Sedona is a World’s Best!

Sedona is the 2nd best summer trip in the world, according to National Geographic magazine, and is one of only 2 of the world’s best located in the USA.

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Do You Know Who Dominates Our Trade?

Want to show your smarts? Try asking someone this question: who is the United States’ number one export partner? My guess is they will say China, Japan, Europe and depending on what part of the country you’re in, maybe Mexico. But the answer is in fact Canada. Although it may seem like trivia, the question […]

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Cross Border Banking Makes Owning a Home in Arizona Simple

Typically Canadians or others from other countries owning residential property here in Arizona need banking services. This is especially critical if the home is rented periodically as there will be income and expenses. The ability to deposit funds and write checks from a U.S. bank greatly facilitates property management activities. Using a credit card from […]

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Go To the SimplySOLD Library and Learn About International Buyers

As a Certified International Property Specialist, I have learned a lot about doing business with foreign buyers of Arizona real estate. To increase my knowledge of the Canadian consumer, this summer I became a member of the Canadian Snowbird Association (“CSA”). CSA is a nonprofit advocacy group which represents the interests of Canadians traveling to […]

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Renovation Funds are Available from FHA

Did you know the government will give you the money to renovate a FHA home? One of the most overlooked FHA programs, the 203(k) loan, can help if buying a home that needs work using a FHA loan. 203(k) loans are the Department of Housing and Urban Development’s (HUD’s) primary program for the rehabilitation and […]

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Is Your Agent Disloyal? (Part 5) – A Solution to Dual Agency. √

In my previous blogs, I have shown that dual agency is bad for you as a consumer of real estate services. Exclusive, single agency is in your best interest as a buyer or seller, as then your real estate agent is in fact “yours,” and his or her loyalty is not divided between you and […]

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Dual Agency – Bad for Agents Too? (Part 4)

By popular demand, my three-part article on dual agency entitled “Is Your Agent Disloyal,” has been expanded to deal with two remaining important subjects. This blog will discuss how dual agency is also bad for agents and their brokers, and the last article in the series will offer my solution to the problem. In the […]

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Is Your Agent Disloyal? (Part 3)

This is the third of a three-part article on dual agency, a form of representation by real estate agents. Dual agency involves “your” agent representing your adversary in a real estate transaction, as well as yourself. I have shown that it is good for the agent, as it results in him or her getting paid […]

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Is Your Agent Disloyal? (Part 2)

In part 1 of this series, I revealed that dual agency results in a real estate broker getting paid double for being disloyal. Dual agency occurs when “the agent acts for both of the principals at the same time in the same transaction.” In other words, it occurs when your real estate representative also represents […]

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Is Your Agent Disloyal? (Part 1)

How would you like it if you were in a lawsuit, and your attorney at trial, after arguing on your behalf, got up and moved over to the other side’s table, and then started arguing the case against you? You wouldn’t. Would you choose that over representation of you alone? Of course not. But in […]

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Its Time to Borrow!

Freddie Mac reported that mortgage rates set new record lows the first week of September. Rates on 30-year fixed-rate mortgages averaged 4.12%; the lowest since 1971. That’s down from 4.22% the week before, and from a 2011 high of 5.05% in February of this year. Rates on 15-year fixed-rate mortgages averaged 3.33%, down from the […]

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