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Half way into 2019, Life in Prescott Arizona

Half way into 2019, Life in Prescott Arizona Where did half of the year go!? Like they always say, time flies when you’re having fun - and what a fun year it has been! We still have so much to look forward to as we continue through 2019 working with our buyers and sellers. Hope that you are enjoying our posts about Prescott as there’s nothing we love more than sharing our passion for the place we call home. July 4th sparklers replace New Years eve fireworks. Continuing education in 2019 So far this year, we earned our Accredited Buyer’s Representative (ABR®) certification in April.  We enjoy taking classes and … [Read More...]

Four reasons to consider buying a home today instead of waiting

Here are four reasons to consider buying today instead of waiting. 1. Prices Will Continue to Rise CoreLogic’s latest U.S. Home Price Insights reports that home prices have appreciated by 3.7% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 4.8% over the next year. Home values will continue to appreciate. Waiting may no longer makes sense. 2. Mortgage Interest Rates Are Projected to Increase Freddie Mac’s Primary Mortgage Market Survey shows that interest rates for a 30-year fixed rate mortgage have started to level off around 4.3%. Most experts predict that … [Read More...]

Arizona Downs Grand Opening

Arizona Downs Race track will have it's grand opening race day on May 24th. To Dennis and I , it brings back some great memories. "Arizona Downs is a horse racing track in Prescott Valley, Arizona. The track hosts both thoroughbred and quarter horse racing. Formerly known as Yavapai Downs, it last conducted races in 2010, but intends to resume live racing in 2019. We have been watching the progress over the last year or so since the new owners stepped in.  They opened last summer for simulcast racing and have been busy remodeling. We have enjoyed Sunday brunch there and the remodel project is quite … [Read More...]

Buyer Demand Surging as Spring Market Begins

Buyer Demand Surging as Spring Market Begins Last fall, some predicted that the 2019 residential real estate market would be a disaster. There was even belief we might experience a housing crash like the one that occurred during the last decade. However, according to two separate reports*, buyer demand dramatically increased over the last three months, leading into this spring buyers’ market (the March data is not yet available). Both the ShowingTime Showing Index and the National Association of REALTORS Buyer Traffic Index show that buyer demand has increased in each of the last three months. Why the increase … [Read More...]