Home Buyers | Kristin Graziano Group

HomeBuyers Finding Homes Faster This Year

May 18, 2019 By admin

The path to homeownership can be a long one—particularly in 2018 when low inventory and high competition made it increasingly difficult for potential home buyers to successfully find and purchase homes. But according to recent data, it looks like 2019 is shaping up to be a little easier.

According to recent data from Redfin, in early 2019 the time it took the average homebuyer to move from their first home tour to closing on their new property was 73 days—three full days shorter than the same time in 2018 when it took 76 days (and down from a peak of 84 days in winter 2016). Homeowners are also having to tour fewer properties to find their home—an average of 10 in 2019 compared to 11 in 2018.

:: The Takeaway :: It looks like in 2019 it’s easier and faster to purchase property. So if you’ve been thinking about buying a new home, now is a great time to make a move. Give us a call.

Areas Where Owning Is More Affordable Than Renting

April 23, 2019 By admin

Phoenix Metro area ranks 34 among the top cities where owning is more affordable than renting. The difference – $44. Yes that’s right, according to the LendingTree study, it’s a better investment to own a home in the Valley of the Sun.

Most people rent because they think it’s more affordable than owning a home—but in a huge number of metros in the United States, that’s just not true.

In the study, the median mortgage payment is less than the median rent payment in 20 of the 50 largest metros in the US. That means that owning a home in one of these areas will actually save you money over renting. And in another 13 metros, the price difference between owning a home and renting is less than $100 per month—which means that while owning a home in these metros is more expensive, the difference in price isn’t significant, especially when you consider that homeownership is a long-term investment.

Call us today if you are ready to take a step toward home ownership or changing your current home.

Now’s the Time to Buy

April 23, 2019 By admin

The past few years in the US, real estate markets have been marked by historically low inventory, increasing prices, and fierce competition for property—which has made it extremely challenging for potential buyers to successfully find and purchase homes.

But it looks like that’s starting to change. This spring, the housing market in the US is projected to be much more buyer-friendly than it has been in recent years.

In a recent article for Forbes, Lawrence Yun, chief economist at the National Association of REALTORS™, said that the spring season will mark improving conditions for buyers. Yun cites numerous factors for his optimistic spring market projections including improved consumer sentiment about the economy (which is at a near all-time high), falling mortgage rates, and increasing incomes across the country, which will help with housing affordability (according to the article, the recent wage gain of 3.4% is the highest the US has seen in ten years).

Ready to go house hunting? We love it and are ready to take you on the hunt—call us today!

11 House Fails That Could Ruin A Sale

February 26, 2019 By admin

When you’re looking for a home, you probably have a couple of lists in your head: the must-haves, the nice-to-haves, and the absolute deal-breakers. Unfortunately, most of the places on this list fall into that third category, unless, of course, you’re handy or have a big budget for repairs. Check out these strange but hilarious home fails that would definitely have you looking elsewhere.

See a few more here and then comment and share some of your encounters with home hunting fails below!

The New Tax Law at a Glance

February 11, 2019 By admin

The new tax law brings some major changes to the federal tax code that may affect your 2018 returns. Get the details here in our pdf. Things like new deduction rules, and several deductions that are going away may change the way you deduct.

Should you buy or sell in 2019?

January 26, 2019 By admin

Whether you’re thinking of buying, selling or just curious about your home’s value, you may be wondering: What’s in store for the housing market in 2019?

Experts forecast their predictions based on past and current trends in the market. The information we’re sending this month outlines what to expect this year. Will the healthy national housing market continue or will an increase in interest rates throw a wrench in the works? Will houses continue to fly off the market? How will the new tax code impact housing? Our free download addresses these questions and more here.

Regardless of the state of the market, the best time to buy or sell a home is when you’re ready to do so. If you’re considering it, give us a call! Even if you’re not in the market now, give us a call and we can do a free comparative market analysis to find out how much your home is worth.