Verrado Real Estate News & Market Trends

You’ll find our blog to be a wealth of information, covering everything from local market statistics and home values to community happenings. That’s because we care about the community and want to help you find your place in it. Please reach out if you have any questions at all. We’d love to talk with you!

July 12, 2019

HOME Survey: More Say Now Is a Good Time to Sell a Home

A recent survey performed by the National Association of Realtors found that approx. 63% of respondents thought that now is good time to sell a home.  

An increased number of Americans also thought that now is a good time to buy a home with 38% answering that they strongly believed this while 27% said they moderately believe that now is a good time to buy.  The percent that felt that now is not a good time to buy was unchanged from 2019's first quarter.

A link to the full article is below.

https://www.nar.realtor/newsroom/home-survey-more-say-now-is-a-good-time-to-sell-a-home?sfns=mo#.XRugze8LZW8.facebook

 

Posted in Market Updates
July 7, 2019

June 2019 Market Report

Below is a link to the June 2019 Market Report for Maricopa County.  The market remains strong with average home prices continuing to rise while interest rates remain historically low.  Potential sellers would be hard-pressed to find a better time to put their house on the market while home buyers should take advantage of these low interest rates while they last.

 

https://gallery.mailchimp.com/ebf4d24030d4f17ebdfc7b551/files/42fb38a8-3633-437a-87da-744def359379/June_2019.pdf

Posted in Market Updates
July 3, 2019

Selling your home to an iBuyer could cost you thousands!

A June 30, 2019 article from MarketWatch concluded that homeowners that sell their home to an iBuyer (the new real estate companies that buy homes directly from the customer) net, on average, 11% less than homes sold on the open market using traditional methods.  Here is a link to the full article:  

https://www.marketwatch.com/story/selling-your-home-to-an-ibuyer-could-cost-you-thousands-heres-why-2019-06-11.

 

Posted in Market Updates
July 31, 2017

Curious About Local Real Estate?

Receive the Latest Local Market Stats

Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood trends, the median price and square footage of each home sold and so much more. We’d love to invite you to do the same!

Get Local Market Reports Sent Directly to You

You can sign up here to receive your own market report, delivered as often as you like! It contains current information on pending, active and just sold properties so you can see actual homes in your neighborhood. You can review your area on a larger scale, as well, by refining your search to include properties across the city or county. As you notice price and size trends, please contact us for clarification or to have any questions answered.

We can definitely fill you in on details that are not listed on the report and help you determine the best home for you. If you are wondering if now is the time to sell, please try out our INSTANT home value tool. You’ll get an estimate on the value of your property in today’s market. Either way, we hope to hear from you soon as you get to know our neighborhoods and local real estate market better.

Posted in Market Updates