Reside Phoenix Blog

July 17, 2023

Low Housing Inventory Is a Sweet Spot for Sellers

Low Housing Inventory Is a Sweet Spot for Sellers

 

 

Some Highlights

Today’s housing inventory is still well below more normal years.

This low inventory is why homes that are priced right are still selling quickly and seeing multiple offers.

If you want to sell your house, now is a great time because inventory is still low. Let’s ...

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March 15, 2023

Deciding Between Condos Vs Single Family Homes

Condo Vs Single Family Home

When it comes to purchasing a home, there are a variety of options available. Two popular choices are condominiums (condos) and single-family homes. Both have their unique characteristics, advantages, and disadvantages. Let's explore the differences between purchasing a condo and a single-family home:

 

Ownership

The primary difference between ...

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March 13, 2023

How To Make Your Dream of Homeownership a Reality

How To Make Your Dream Of Homeownership A Reality

According to a recent Harris Poll survey, 8 in 10 Americans say buying a home is a priority, and 28 million Americans actually plan to buy within the next 12 months. Homeownership provides many financial and nonfinancial benefits, so that interest is understandable.

 

However, it’s unlikely all 28 million ...

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March 13, 2023

Is It Really Better To Rent Than To Own A Home Right Now?

Rent Versus Buying Reside Phoenix

 

You may have seen reports in the news recently saying it’s better to rent right now than it is to own your home. But before you let that impact your decisions, you should understand what these claims are based on.

 

A lot of the time, these reports are ...

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Jan. 8, 2022

Avoid The Rental Trap In 2022

Reside Phoenix Blog

 

Are you one of the many renters thinking about where you’ll live the next time your lease is up? Before you decide whether to look for a new house or another apartment, it’s important to understand the true costs of renting in 2022.

 

As a renter, you should ...

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May 3, 2021

Will the Housing Market Maintain Its Momentum?

Will the Housing Market Maintain Its Momentum?

Last week’s Existing Home Sales Report from the National Association of Realtors (NAR) shows sales have dropped by 3.7% compared to the month before. This is the second consecutive month that sales have slumped. Some see this as evidence that the red-hot real estate market may be cooling. However ...

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Dec. 30, 2020

Why It’s Important to Price Your House Right Today

Pricing Your Home Right

 

Even in today's Sellers' market, setting the right price for your house is one of the most valuable things you can do. According to the U.S. Economic Outlook by the National Association of Realtors (NAR), existing home prices nationwide are forecasted to increase by 4.5% in ...

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Aug. 13, 2020

Current Buyer & Seller Perks In The Housing Market

Buyer & Seller Perks in the Housing Market

Today’s housing market is making a truly impressive turnaround, and it’s also setting up some outstanding opportunities for buyers and sellers. Whether you’re thinking of buying or selling a home this year, there are perks today that are rarely available, and definitely worth looking into. Here are the top two ...

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June 25, 2020

New Index Reveals Impact of COVID-19 on Real Estate

Earlier this month, realtor.com announced the release of their initial Housing Recovery Index, a weekly guide showing how the pandemic has impacted the residential real estate market. The index leverages a weighted average of four key components of the housing industry, tracking each of the following:

1. Housing Demand ...

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May 23, 2020

Will Home Values Appreciate or Depreciate in 2020?

With the housing market staggered to some degree by the health crisis the country is currently facing, some potential purchasers are questioning whether home values will be impacted. The price of any item is determined by supply as well as the market's demand for that item.

Each month the ...

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