Scottsdale & Phoenix Real Estate Blog

Scottsdale & Phoenix real estate market trends, valuable news about, home prices, short sales, including foreclosure information in the Maricopa county plus much more. 

Feb. 12, 2018

DC Ranch | The #1 Reason to Sell Now Before Spring

DC Ranch | The #1 Reason to Sell Now Before Spring

 

Did you know that in the DC Ranch community you’ll find a variety of architectural home-styles from single family, attached, luxury rentals, custom homes and home sites.    

DC Ranch has slowly transformed over the last few years. DC Ranch is connected by miles of winding paths and trails that take you anywhere on the ranch including the community center, private golf course and country club, retail site, schools and much more. All neighborhoods are connected by a system of paths and trails which allow you to go virtually anywhere in the community without crossing a major street.   

If you are looking just for the right property in DC Ranch today, I would be happy to consult with you and bring you my experience and expertise in the DC Ranch Community to help you make the right the decision    

Today I would like to speak to you about  The #1 Reason to Sell Now Before Spring

 

The price of any item (including residential real estate) is determined by ‘supply and demand.’ If many people are looking to buy an item and the supply of that item is limited, the price of that item increases. 

According to the National Association of Realtors (NAR), the supply of homes for sale dramatically increases every spring. As an example, here is what happened to housing inventory at the beginning of 2017:

 

Putting your home on the market now instead of waiting for increased competition in the spring might make a lot of sense.

 

Bottom Line

Buyers in the market during the winter months are truly motivated purchasers. They want to buy now. With limited inventory currently available in most markets, sellers are in a great position to negotiate.

 

Source.. KCM Ryan Ney Blog

 

See something that interests you around La Strada in DC Ranch? 

How about Ironwood Village, Pima Acres and Sera Brisa. . we can guide you through the area and then find the best properties available for sale. We also have more information about Windgate Ranch.

Need help? Contact Us anytime to schedule a private showing for any property in DC Ranch. Or search our website www.realscottsdalehomes.com to find more information on the community of DC Ranch and all Scottsdale area real estate. 

Ryan Ney Real Estate 

of My Home Group

DC Ranch Specialist 

Ph: (480) 332–5659     

 

 

Feb. 5, 2018

Scottsdale | Whether You Rent or Buy, Either Way You’re Paying a Mortgage!

Scottsdale | Whether You Rent or Buy, Either Way You’re Paying a Mortgage!

 

So, you find yourself looking for a real estate agent as you are ready to buy a home, sell a home or perhaps both…   

When it comes to Scottsdale Real Estate and the vast amount of choices offered from many venues. It is wise to take your time and take your home search seriously     

Did you know that the real estate agent you choose could make or break things for you? Did you also know that the professional that you choose to help you during the process of buying or selling your next home should be done with caution or it could cost you thousands of dollars?     

I offer my services in the Scottsdale Real Estate to the public because I excel in my ability to understand your needs, translate them into reality and to do so with the minimum of angst ...and for that reason, I believe I’m the right person for you.    

Today, I want to address something that may be very important to you, it is about Whether You Rent or Buy, Either Way You’re Paying a Mortgage!

 

There are some people who have not purchased homes because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize, however, that unless you are living with your parents rent-free, you are paying a mortgage – either yours or your landlord’s. 

As Entrepreneur Magazine, a premier source for small business, explained in their article, “12 Practical Steps to Getting Rich”: 

“While renting on a temporary basis isn’t terrible, you should most certainly own the roof over your head if you’re serious about your finances. It won’t make you rich overnight, but by renting, you’re paying someone else’s mortgage. In effect, you’re making someone else rich.” 

Christina Boyle, Senior Vice President and head of the Single-Family Sales & Relationship Management organization at Freddie Mac, explains another benefit of securing a mortgage as opposed to paying rent: 

“With a 30-year fixed rate mortgage, you’ll have the certainty & stability of knowing what your mortgage payment will be for the next 30 years – unlike rents which will continue to rise over the next three decades.” 

As an owner, your mortgage payment is a form of ‘forced savings’ which allows you to build equity in your home that you can tap into later in life. As a renter, you guarantee the landlord is the person building that equity. 

Interest rates are still at historic lows, making it one of the best times to secure a mortgage and make a move into your dream home. Freddie Mac’s latest report shows that rates across the country were at 4.22% last week.

 

Bottom Line

Whether you are looking for a primary residence for the first time or are considering a vacation home on the shore, now may be the time to buy.

 

Source.. KCM Ryan Ney Blog

 

If you are moving to the Scottsdale area, I can assist you in collecting the information you need, and make your transition as smooth as possible. Feel free to contact me for any information. I love to assist people in relocating, and I’ve helped many people move to my area!   

Whether you are new to the market, thinking of moving up, or even an experienced investor, I have the expertise, the energy, the enthusiasm and the access to resources to help you achieve your goals.   

From Golf Course properties, Gated Communities, Homes with pools, Horse properties and new construction, Give me a call and let’s get started    

Call Ryan now at 480–332–5659      

 

 

Jan. 29, 2018

DC Ranch | U.S. Housing Inventory Crunch Continues… List Your House Today!

DC Ranch | U.S. Housing Inventory Crunch Continues… List Your House Today!

 

Did you know that in the DC Ranch community you’ll find a variety of architectural home-styles from single family, attached, luxury rentals, custom homes and home sites.   

DC Ranch has slowly transformed over the last few years. DC Ranch is connected by miles of winding paths and trails that take you anywhere on the ranch including the community center, private golf course and country club, retail site, schools and much more. All neighborhoods are connected by a system of paths and trails which allow you to go virtually anywhere in the community without crossing a major street.  

If you are looking just for the right property in DC Ranch today, I would be happy to consult with you and bring you my experience and expertise in the DC Ranch Community to help you make the right the decision   

Today I would like to speak to you about  U.S. Housing Inventory Crunch Continues… List Your House Today!

 

Every winter, families across the country decide if this will be the year that they sell their current houses and move into their dream homes. 

Mortgage rates hovered around 4% for all of 2017 which forced many buyers off the fence and into the market, resulting in incredibly strong demand RIGHT NOW! 

At the same time, however, inventory levels of homes for sale have dropped dramatically as compared to this time last year. 

Trulia reported that “in Q4 2017, U.S. home inventory decreased by 10.5%. That is the biggest drop we’ve seen since Q2 2013.” 

Here is a chart showing the decrease in inventory levels by category:

 

The largest drop in inventory was in the starter home category which saw a 19% dip in listings.

 

Bottom Line

Demand for your home is very strong right now while your competition (other homes for sale) is at a historically low level. If you are thinking of selling in 2018, now may be the perfect time.

 

Source.. KCM Ryan Ney Blog

 

See something that interests you around La Strada in DC Ranch? 

 

How about Ironwood Village, Pima Acres and Sera Brisa. . we can guide you through the area and then find the best properties available for sale. We also have more information about Windgate Ranch.

Need help? Contact Us anytime to schedule a private showing for any property in DC Ranch. Or search our website www.realscottsdalehomes.com to find more information on the community of DC Ranch and all Scottsdale area real estate. 

Ryan Ney Real Estate 

of My Home Group

DC Ranch Specialist 

Ph: (480) 332–5659    

 

 

Posted in phoenix
Jan. 22, 2018

Scottsdale - New Construction | Buying A Home Is More Affordable Than Renting In 54% Of US Counties

Scottsdale - New Construction | Buying A Home Is More Affordable Than Renting In 54% Of US Counties

 

The process of buying a brand new home in Scottsdale Arizona takes place over a long period of time and in several stages. Whether you are choosing a new house in a Scottsdale neighborhood or prefer a custom home built by a home-builder, the most important step is to make a decision who you want representing you to make an intelligent choice. 

You’ll need guidance to find all the options available in the area from “ALL” available home-builders. You'll need to take some time deciding on your priorities — what you want in a home? where you want to live? and how much you want to spend? 

This is the reason my services consist on exploring what’s currently available among the properties that builders need to sell. I bring you the options of what is currently available from “ALL” the builders (not just one), what will be released and available soon?…what are the best builder incentives..etc.  

Whether you are new to the new construction real estate market in Scottsdale or you are just relocating to this area…I have the expertise, the energy, the enthusiasm and the access to resources to help you achieve your goals. 

Today, I would like to talk to you about Buying A Home Is More Affordable Than Renting In 54% Of US Counties

 

According to ATTOM Data Solutions’ 2018 Rental Affordability Report, “buying a median-priced home is more affordable than renting a three-bedroom property in 240 of 447 [or 54% of] U.S. counties analyzed for the report.” 

For the report, ATTOM Data Solutions compared recently released fair market rent data from the Department of Housing and Urban Development with reported income amounts from the Department of Labor and Statistics to determine the percentage of income that a family would have to spend on their monthly housing cost (rent or mortgage payments). 

Daren Blomquist, Senior Vice President of ATTOM Data Solutions had this to say: 

“Although buying is still more affordable than renting in the majority of U.S. housing markets, the majority is shrinking as home price appreciation continues to outpace rental growth in most areas.” 

However, the report also shows that the average fair market rent rose faster than average weekly wages in 60% of the counties analyzed in the report (266 of 447 counties). With rents rising, many renters should consider buying a home soon.

 

Bottom Line

Rents will continue to rise, and mortgage interest rates are still at historic lows. Before you sign or renew your next lease, let’s get together to help you determine if you are able to buy a home of your own and lock in your monthly housing expense.

 

Source.. KCM Ryan Ney Blog

 

I am always available to offer you personal, one-on-one help with what some say is the biggest decision you will make in your life. If you have any questions, please don’t hesitate to call Ryan M. Ney @ 480–332–5659 

Start searching for new construction homes in Scottsdale Arizona HERE*         

 

 

Jan. 15, 2018

Scottsdale | Thinking of Selling? Now is the Perfect Time

Scottsdale | Thinking of Selling? Now is the Perfect Time

 

So, you find yourself looking for a real estate agent as you are ready to buy a home, sell a home or perhaps both…  

When it comes to Scottsdale Real Estate and the vast amount of choices offered from many venues. It is wise to take your time and take your home search seriously    

Did you know that the real estate agent you choose could make or break things for you? Did you also know that the professional that you choose to help you during the process of buying or selling your next home should be done with caution or it could cost you thousands of dollars?    

I offer my services in the Scottsdale Real Estate to the public because I excel in my ability to understand your needs, translate them into reality and to do so with the minimum of angst ...and for that reason, I believe I’m the right person for you.   

Today, I want to address something that may be very important to you, it is about Thinking of Selling? Now is the Perfect Time

 

It is common knowledge that a great number of homes sell during the spring-buying season. For that reason, many homeowners hold off on putting their homes on the market until then. The question is whether or not that will be a good strategy this year. 

The other listings that do come out in the spring will represent increased competition to any seller. Do a greater number of homes actually come to the market in the spring as compared to the rest of the year? The National Association of Realtors (NAR) recently revealed the months in which most people listed their homes for sale in 2017. Here is a graphic showing the results:

 

The three months in the second quarter of the year (represented in red) are consistently the most popular months for sellers to list their homes on the market. Last year, the number of homes available for sale in January was 1,680,000.

 

That number spiked to 1,970,000 by May!

What does this mean to you?

With the national job situation improving, and mortgage interest rates projected to rise later in the year, buyers are not waiting until the spring; they are out looking for homes right now. If you are looking to sell this year, waiting until the spring to list your home means you will have the greatest competition amongst buyers.

 

Bottom Line

It may make sense to beat the rush of housing inventory that will enter the market in the spring and list your home today.

 

Source.. KCM Ryan Ney Blog

 

If you are moving to the Scottsdale area, I can assist you in collecting the information you need, and make your transition as smooth as possible. Feel free to contact me for any information. I love to assist people in relocating, and I’ve helped many people move to my area!  

Whether you are new to the market, thinking of moving up, or even an experienced investor, I have the expertise, the energy, the enthusiasm and the access to resources to help you achieve your goals.  

From Golf Course properties, Gated Communities, Homes with pools, Horse properties and new construction, Give me a call and let’s get started   

Call Ryan now at 480–332–5659      

 

 

Jan. 8, 2018

New Construction | 712,000 Homes in the US Regained Equity in the Past 12 Months!

New Construction | 712,000 Homes in the US Regained Equity in the Past 12 Months!

 

The process of buying a brand new home in Scottsdale Arizona takes place over a long period of time and in several stages. Whether you are choosing a new house in a Scottsdale neighborhood or prefer a custom home built by a home-builder, the most important step is to make a decision who you want representing you to make an intelligent choice.

You’ll need guidance to find all the options available in the area from “ALL” available home-builders. You'll need to take some time deciding on your priorities — what you want in a home? where you want to live? and how much you want to spend?

This is the reason my services consist on exploring what’s currently available among the properties that builders need to sell. I bring you the options of what is currently available from “ALL” the builders (not just one), what will be released and available soon?…what are the best builder incentives..etc. 

Whether you are new to the new construction real estate market in Scottsdale or you are just relocating to this area…I have the expertise, the energy, the enthusiasm and the access to resources to help you achieve your goals.

Today, I would like to talk to you about 712,000 Homes in the US Regained Equity in the Past 12 Months!

 

CoreLogic’s latest Equity Report revealed that “over the past 12 months, 712,000 borrowers moved into positive equity.” This is great news, as the share of homeowners with negative equity (those who owe more than their home is worth), has dropped more than 20% since the peak in Q4 of 2009 (26%) to 4.9% today. 

The report also revealed: 

* The average homeowner gained approximately $14,900 in equity during the past year.

* Compared to Q3 2016, negative equity decreased 22% from 3.2 million homes, or 6.3% of all mortgaged properties.

* U.S. homeowners with mortgages (roughly 63% of all homeowners) have seen their equity increase by a total of $870.6 billion since Q3 2016,   an increase of 11.8%, year-over-year.

 

The map below shows the percentage of homes by state with a mortgage and positive equity. (The states in gray have insufficient data to report.)

 

 Significant Equity Is on The Rise

 

Frank Nothaft, Chief Economist at CoreLogic, believes this is great news for the “housing market.” He went on to say:

“Homeowner equity increased by almost $871 billion over the last 12 months, the largest increase in more than three years. This increase is primarily a reflection of rising home prices, which drives up home values, leading to an increase in home equity positions and supporting consumer spending.”

Of the 95.1% of homeowners with positive equity in the U.S., 82.9% have significant equity (defined as more than 20%). This means that more than three out of four homeowners with a mortgage could use the equity in their current home to purchase a new home now.

The map below shows the percentage of homes by state with a mortgage and significant equity.

 

Bottom Line

If you are one of the many homeowners who are unsure of how much equity you have in your home and are curious about your ability to move, let’s meet up to evaluate your situation.

 

Source.. KCM Ryan Ney Blog

 

I am always available to offer you personal, one-on-one help with what some say is the biggest decision you will make in your life. If you have any questions, please don’t hesitate to call Ryan M. Ney @ 480–332–5659

Start searching for new construction homes in Scottsdale Arizona HERE*      

 

 

Posted in phoenix
Jan. 5, 2018

DC Ranch | 4 Reasons to Sell This Winter [INFOGRAPHIC]

DC Ranch | 4 Reasons to Sell This Winter [INFOGRAPHIC]

 

Did you know that in the DC Ranch community you’ll find a variety of architectural home-styles from single family, attached, luxury rentals, custom homes and home sites.  

DC Ranch has slowly transformed over the last few years. DC Ranch is connected by miles of winding paths and trails that take you anywhere on the ranch including the community center, private golf course and country club, retail site, schools and much more. All neighborhoods are connected by a system of paths and trails which allow you to go virtually anywhere in the community without crossing a major street. 

If you are looking just for the right property in DC Ranch today, I would be happy to consult with you and bring you my experience and expertise in the DC Ranch Community to help you make the right the decision  

Today I would like to speak to you about  4 Reasons to Sell This Winter

 

Some Highlights:

* Buyer demand continues to outpace the supply of homes for sale which means that buyers are often competing with one another for the few    listings that are available!

* Housing inventory is still under the 6-month supply needed to sustain a normal housing market.

* Perhaps the time has come for you and your family to move on and start living the life you desire.

 

Source.. KCM Ryan Ney Blog

 

See something that interests you around La Strada in DC Ranch? 

How about Ironwood Village, Pima Acres and Sera Brisa. . we can guide you through the area and then find the best properties available for sale. We also have more information about Windgate Ranch.

Need help? Contact Us anytime to schedule a private showing for any property in DC Ranch. Or search our website www.realscottsdalehomes.com to find more information on the community of DC Ranch and all Scottsdale area real estate. 

Ryan Ney Real Estate 

of My Home Group

DC Ranch Specialist 

Ph: (480) 332–5659      

   

Dec. 29, 2017

Scottsdale | Buying or Selling in 2018? 5 Reasons to Resolve to Hire a Pro [INFOGRAPHIC]

Scottsdale | Buying or Selling in 2018? 5 Reasons to Resolve to Hire a Pro [INFOGRAPHIC]

 

So, you find yourself looking for a real estate agent as you are ready to buy a home, sell a home or perhaps both… 

When it comes to Scottsdale Real Estate and the vast amount of choices offered from many venues. It is wise to take your time and take your home search seriously   

Did you know that the real estate agent you choose could make or break things for you? Did you also know that the professional that you choose to help you during the process of buying or selling your next home should be done with caution or it could cost you thousands of dollars?   

I offer my services in the Scottsdale Real Estate to the public because I excel in my ability to understand your needs, translate them into reality and to do so with the minimum of angst ...and for that reason, I believe I’m the right person for you.  

Today, I want to address something that may be very important to you, it is about Buying or Selling in 2018? 5 Reasons to Resolve to Hire a Pro

 

Some Highlights:

* As we usher in the new year, one thing is for certain… if you plan to buy or sell a house this year, you need a real estate professional on your    team!

* There are many benefits to using a local professional!

* Pick a professional who knows your local market and can help you achieve your dreams!

 

Source.. KCM Ryan Ney Blog

 

If you are moving to the Scottsdale area, I can assist you in collecting the information you need, and make your transition as smooth as possible. Feel free to contact me for any information. I love to assist people in relocating, and I’ve helped many people move to my area!  

Whether you are new to the market, thinking of moving up, or even an experienced investor, I have the expertise, the energy, the enthusiasm and the access to resources to help you achieve your goals.  

From Golf Course properties, Gated Communities, Homes with pools, Horse properties and new construction, Give me a call and let’s get started   

Call Ryan now at 480–332–5659    

 

 

Dec. 18, 2017

Scottsdale | 4 Reasons To Buy A Home This Winter!

Scottsdale | 4 Reasons To Buy A Home This Winter!

 

So, you find yourself looking for a real estate agent as you are ready to buy a home, sell a home or perhaps both… 

When it comes to Scottsdale Real Estate and the vast amount of choices offered from many venues. It is wise to take your time and take your home search seriously  

Did you know that the real estate agent you choose could make or break things for you? Did you also know that the professional that you choose to help you during the process of buying or selling your next home should be done with caution or it could cost you thousands of dollars?  

I offer my services in the Scottsdale Real Estate to the public because I excel in my ability to understand your needs, translate them into reality and to do so with the minimum of angst ...and for that reason, I believe I’m the right person for you. 

Today, I want to address something that may be very important to you, it is about 4 Reasons To Buy A Home This Winter!

 

Here are four great reasons to consider buying a home today instead of waiting.

 

1. Prices Will Continue to Rise

CoreLogic’s latest Home Price Index reports that home prices have appreciated by 7.0% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 4.7% over the next year. 

The bottom in home prices has come and gone. Home values will continue to appreciate for years. Waiting no longer makes sense.

 

2. Mortgage Interest Rates Are Projected to Increase 

Freddie Mac’s Primary Mortgage Market Survey shows that interest rates for a 30-year mortgage have hovered around 4%. Most experts predict that rates will rise over the next 12 months. The Mortgage Bankers Association, Fannie Mae, Freddie Mac and the National Association of Realtors are in unison, projecting that rates will increase by this time next year.

An increase in rates will impact YOUR monthly mortgage payment. A year from now, your housing expense will increase if a mortgage is necessary to buy your next home.

 

3. Either Way, you are Paying a Mortgage

There are some renters who have not yet purchased a home because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that unless you are living with your parents rent-free, you are paying a mortgage – either yours or your landlord’s. 

As an owner, your mortgage payment is a form of ‘forced savings’ that allows you to have equity in your home that you can tap into later in life. As a renter, you guarantee your landlord is the person with that equity. 

Are you ready to put your housing cost to work for you?

 

4. It’s Time to Move on with Your Life

The ‘cost’ of a home is determined by two major components: the price of the home and the current mortgage rate. It appears that both are on the rise. 

But what if they weren’t? Would you wait? 

Look at the actual reason you are buying and decide if it is worth waiting. Whether you want to have a great place for your children to grow up, you want your family to be safer, or you just want to have control over renovations, maybe now is the time to buy.

 

If the right thing for you and your family is to purchase a home this year, buying sooner rather than later could lead to substantial savings.

 

Source.. KCM Ryan Ney Blog

 

If you are moving to the Scottsdale area, I can assist you in collecting the information you need, and make your transition as smooth as possible. Feel free to contact me for any information. I love to assist people in relocating, and I’ve helped many people move to my area! 

Whether you are new to the market, thinking of moving up, or even an experienced investor, I have the expertise, the energy, the enthusiasm and the access to resources to help you achieve your goals. 

From Golf Course properties, Gated Communities, Homes with pools, Horse properties and new construction, Give me a call and let’s get started  

Call Ryan now at 480–332–5659    

 

 

Dec. 11, 2017

DC Ranch | Why Getting Pre-Approved Should Be Your First Step

DC Ranch | Why Getting Pre-Approved Should Be Your First Step

 

Did you know that in the DC Ranch community you’ll find a variety of architectural home-styles from single family, attached, luxury rentals, custom homes and home sites. 

DC Ranch has slowly transformed over the last few years. DC Ranch is connected by miles of winding paths and trails that take you anywhere on the ranch including the community center, private golf course and country club, retail site, schools and much more. All neighborhoods are connected by a system of paths and trails which allow you to go virtually anywhere in the community without crossing a major street.

If you are looking just for the right property in DC Ranch today, I would be happy to consult with you and bring you my experience and expertise in the DC Ranch Community to help you make the right the decision 

Today I would like to speak to you about  Why Getting Pre-Approved Should Be Your First Step

 

In many markets across the country, the number of buyers searching for their dream homes greatly outnumbers the number of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show you are serious about buying your dream home is to get pre-qualified or pre-approved for a mortgage before starting your search. 

Even if you are in a market that is not as competitive, knowing your budget will give you the confidence of knowing if your dream home is within your reach. 

Freddie Mac lays out the advantages of pre-approval in the ‘My Home’ section of their website: 

“It’s highly recommended that you work with your lender to get pre-approved before you begin house hunting. Pre-approval will tell you how much home you can afford and can help you move faster, and with greater confidence, in competitive markets.”

One of the many advantages of working with a local real estate professional is that many have relationships with lenders who will be able to help you with this process. Once you have selected a lender, you will need to fill out their loan application and provide them with important information regarding “your credit, debt, work history, down payment and residential history.”  

Freddie Mac describes the ‘4 Cs’ that help determine the amount you will be qualified to borrow:

 

1.- Capacity: Your current and future ability to make your payments

2.- Capital or cash reserves: The money, savings, and investments you have that can be sold quickly for cash

3.- Collateral: The home, or type of home, that you would like to purchase

4.- Credit: Your history of paying bills and other debts on time

 

Getting pre-approved is one of many steps that will show home sellers that you are serious about buying, and it often helps speed up the process once your offer has been accepted.

 

Bottom Line 

Many potential home buyers overestimate the down payment and credit scores needed to qualify for a mortgage today. If you are ready and willing to buy, you may be pleasantly surprised at your ability to do so as well.

 

Source.. KCM Ryan Ney Blog

 

See something that interests you around La Strada in DC Ranch? 

How about Ironwood Village, Pima Acres and Sera Brisa. . we can guide you through the area and then find the best properties available for sale. We also have more information about Windgate Ranch.

Need help? Contact Us anytime to schedule a private showing for any property in DC Ranch. Or search our website www.realscottsdalehomes.com to find more information on the community of DC Ranch and all Scottsdale area real estate.

Ryan Ney Real Estate 

of My Home Group

DC Ranch Specialist 

Ph: (480) 332–5659