Blog - Page 4 of 134 - J.P. Cook - Arizona Real Estate

If you are considering moving up to your dream home, it may be better to do it earlier in the year than later. The two components of your monthly mortgage payment (home prices and interest rates) are both projected to increase as the year moves forward, and interest rates may increase rather dramatically. Here are

Your Opportunity to Achieve the American Dream Keeps Getting Better!

July 4, 2017

First Time Home Buyers, For Buyers, Move-Up Buyers

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Forbes.com recently released the latest results of their American Dream Index, in which they measure “the prosperity of the middle class, and…examine which states best support the American Dream.” The monthly index measures several different economic factors, including goods-producing employment, personal and commercial bankruptcies, building permits, startup activity, unemployment insurance claims, labor force participation, and layoffs. The national

5 Reasons to Buy This Summer!

July 3, 2017

Buyers

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Here are four great reasons to consider buying a home today, instead of waiting. 1. Home Ownership has long been considered part of the American Dream. 2. Prices Will Continue to Rise CoreLogic’s latest Home Price Index reports that home prices have appreciated by 7.1% over the last 12 months. The same report predicts that prices will continue to

NAR Data Shows Now Is a Great Time to Sell!

July 3, 2017

For Sellers, Housing Market Updates, Selling a Home

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We all realize that the best time to sell anything is when demand is high and the supply of that item is limited. Two major reports issued by the National Association of Realtors (NAR) revealed information that suggests that now continues to be a great time to sell your house. Let’s look at the data covered in

Mortgage Interest Rates Reverse Course in 2017

June 8, 2017

First Time Home Buyers, For Buyers, For Sellers, Interest Rates, Move-Up Buyers

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To start the year, housing experts all agreed on one thing: 2017 was going to be the year we would see mortgage interest rates begin to rise. After years of historically low rates, and an improving economy, the question wasn’t if they would increase but instead how much they would increase. Some thought we could

5 Reasons to Hire a Real Estate Professional When Buying or Selling!

June 7, 2017

First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers

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Whether you are buying or selling a home it can be quite an adventurous journey, which is why you need an experienced real estate professional to guide you on the path to your ultimate goal. In this world of instant gratification and internet searches, many sellers think that they can For Sale by Owner or

3 Reasons the Housing Market is NOT in a Bubble

June 6, 2017

First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers

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With housing prices appreciating at levels that far exceed historical norms, some are fearful that the market is heading for another bubble. To alleviate that fear, we just need to look back at the reasons that caused the bubble ten years ago. Last decade, demand for housing was artificially propped up because mortgage lending standards

5 Reasons You Should Sell This Summer

June 5, 2017

For Sellers, Selling Your Home

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Here are five reasons listing your home for sale this summer makes sense. 1. Demand Is Strong The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains very strong throughout the vast majority of the country. These buyers are ready, willing and able to purchase… and are in

Why Do Americans Consider Moving to Another State?

May 23, 2017

For Buyers, For Sellers

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Some Highlights: In a recent Harris Poll, Americans listed “change in climate/weather” as their top reason for wanting to relocate. 41% would move for a “better job opportunity.” Being closer to loved ones filled out 3 of the top 6 reasons why Americans move. The Phoenix area is known for having an average of 296 days a year with sun!

Get All the Facts about PMI

May 22, 2017

First Time Home Buyers, For Buyers, Move-Up Buyers

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When it comes to buying a home, whether it is your first time or your fifth, it is always important to know all the facts. With the large number of mortgage programs available that allow buyers to purchase a home with a down payment below 20%, you can never have too much information about Private Mortgage Insurance