Blog - Page 5 of 134 - J.P. Cook - Arizona Real Estate

Owning a home has great financial benefits, yet many continue renting! Today, let’s look at the financial reasons why owning a home of your own has been a part of the American Dream for as long as America has existed. Zillow recently reported that: “With Rents continuing to climb and interest rates staying low, many

Is the Current Pace of Home Sales Maintainable?

May 13, 2017

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

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There are some experts questioning whether the current pace of residential home sales is maintainable. Are too many people buying homes like in 2004-2006? Are we headed for another housing crisis? Actually, if we look closely at the numbers, we can see that we are looking at a very healthy real estate market. Why the

Instant Reaction: April Jobs Report

May 13, 2017

Market Outlook, Mortgage Rates

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The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Bureau of Labor Statistics jobs report for April: “This good jobs report for April should dispel any notion of a potential economic recession. Moreover, the continuing low levels of people filing for unemployment checks, as well as the high numbers of job openings,

The Importance of Lawn Care

May 11, 2017

Around The Home, Homeowner Tips, Yard

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Taking care of a home’s landscape in the summer heat can be a daunting task for many homeowners. However, if a homeowner is looking to sell his or her home in the warmer months, maintaining or creating a beautiful lawn can mean selling a home faster and for more money. According to the National Association

Gallup: Real Estate is Best Long-Term Investment 4 Years Running

May 10, 2017

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

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Every year, Gallup surveys Americans to determine their choice for the best long-term investment. Respondents are given a choice between real estate, stocks/mutual funds, gold, savings accounts/CDs, or bonds. For the fourth year in a row, Real Estate has come out on top as the best long-term investment! This year’s results showed that 34% of

Homes are Selling Fast Across the Country

May 9, 2017

For Sellers, Housing Market Updates, Selling a Home

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Some Highlights: The National Association of REALTORS® surveyed their members for their monthly Confidence Index. The REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners. Practitioners are asked about their expectations for home sales, prices and market conditions. Homes sold in 60

Your Tax Return: Bring it Home

May 8, 2017

Down Payments, First Time Home Buyers, For Buyers

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This time of year, many people eagerly check their mailboxes looking for their tax return check from the IRS. But, what do most people plan to do with the money? GO Banking Rates recently surveyed Americans and asked the question – “What do you plan on doing with your tax refund?” The results of the

Real Estate Mogul: Here’s Why You Should Buy

May 8, 2017

First Time Home Buyers, For Buyers, Investment Properties

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Real Estate mogul, Sean Conlon, host of The Deed: Chicago on CNBC, was recently asked the question, should you buy? Or should you rent a house? Conlon responded: “I am a true believer that you save every penny and you buy your first house… and that is still the fastest path to wealth in this

Looking at Mexican Buyers of U.S. Property on Cindo de Mayo

May 5, 2017

Holiday, Housing Market

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Cinco de Mayo recognizes the Mexican army’s triumph over France at the Battle of Puebla on May 5, 1862. While today gives us a chance to celebrate Mexican culture here in the U.S., many of our Mexican friends own property here. According to NAR’s 2016 Profile of International Activity in U.S. Residential Real Estate, Mexico ranked fifth

3 Charts That Shout, ‘List Your Home Today!’

May 2, 2017

For Sellers, Housing Market Updates, Selling Your Home

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In school, we all learned the theory of supply and demand. When the demand for an item is greater than the supply of that item, the price will surely rise. SUPPLY The National Association of Realtors (NAR) recently reported that the inventory of homes for sale stands at a 3.8-month supply. This is considerably lower than the 6-month supply