With the school year coming to an end, many families will be in the market to move while the kiddos are not in the midst of a school year.
Here are four current housing market factors that will likely translate into greater sales this Apr
1. Low mortgage rates:Mortgage rates have moved lower this month and are hovering near the lowest averages in the past three years. Lower mortgage rates help boost home buyers’ purchasing power as well as buyers’ ability to qualify for a mortgage.
2. More urgency:Many buyers were frustrated last year with their inability to buy. This spring, they’re heading to the housing market more determined. Mortgage applications for home purchases are up 20 percent compared to last year.
3. More searching:Realtor.com® reports a record number of people searching and looking at its website for homes. Nevertheless, there are 2 percent fewer homes for sale that they’ll find when compared to last year.
4. Faster sales:The time that listings spend on the market has dropped dramatically. Nationwide, the median days on the market dropped 14 days in the first two weeks of April compared to the first two weeks of March.
The Phoenix Metro does not need to wait for the snow to melt, so the market here has been busy since January. If you are a new or repeat Buyer looking at begging your search or if you are in need to sell your home. Ask a Realtor for a complimentary consultation to discuss the Buying or Selling process and how the market will effect your specific situation.
CLIENT SERVICE GUARANTEE: American Allstar Realty is committed to providing every customer with the highest level of service. As your agent, I promise to always remember that YOU are the most important person in the transaction. At American Allstar Realty, we believe that communication is the cornerstone to a successful transaction. Please feel free to communicate your wants and needs to me as frequently as possible. If I am ever unavailable to receive your call, I promise to return your call as soon as possible; normally in less than one hour.
Buying or selling a home is about much more than just the price you pay for a piece of land. Selecting a property to become your home or place of business is what it is really about, and that's why I enjoy helping my clients buy and sell real estate. My clients come to me because of my knowledge of the industry and my familiarity with the area. I can help you find that "dream" home. Call me today and let's get started!
To navigate the complex decisions involved in today's real estate market requires the guidance of a professional. I am committed to service with an emphasis on accountability, reliability, timeliness and enthusiasm. I provide my clients with all the information necessary to help them make real estate investment decisions throughout the changing market cycles.
A successful real estate transaction is built upon the strength of relationships and the experience of how to get things done. I am well respected by my peers, and have developed invaluable working relationships with other professionals in my industry such as title companies, attorneys, lenders and appraisers.
Today we remember the brave men and women who fought courageously
"We had the very fortunate experience to have Andrea Ortega sell our home. From the initial listing right through closing, Andrea ensured that the entire process went smoothly. She responded immediately to all of our questions, and was dedicated to making sure we had all of the information that was needed. We would recommend Andrea without hesitation---she's the best!"