The revised and expanded format of this newsletter has arrived, I hope you like it.
Apologies in advance if there are any glitches. It took a lot of work to retool this newsletter and the website. If you find an error, please let me know and we'll get right on it.
If you have suggestions, or comments, or just want to say hello - please reply. Your feedback is greatly appreciated.
***
Remember when I wrote to expect a big in the real estate market in January?
Well, I was wrong.
The rush has already begun. My phone has been ringing off the hook since Thanksgiving.
The competition is going to be far more intense come January -- after all, many seasonal resident are not in Arizona yet.
Why the rush now, when people would otherwise be busy with the holidays?
Mortgage rates are up about 1/2 percent in recent weeks. There's ample risk of further increases, given the gyrations in the bond market.
Furthermore, many people had postponed decisions because of the election. So there was already pent-up demand.
Bottom line is buyers are pushing aside their usual focus on the holidays to make a deal before their costs rise even higher.
Fencesitters are going to pay the price, literally. If there's a home on your radar that you've been thinking about buying, now is the time to get serious about negotiating.
Delays mean you'll be competing with more buyers, and probably paying more interest every month.
Please let me help you negotiate the best deal on your next property. Just click here or reply to this email to get the ball rolling.
***
Prospective sellers should also be mindful of this "buying panic." If you've been thinking about selling, better to make hay while the sun shines.
If you list months from now, the purchasing power of buyers may be diminished by rising interest rates. That means money out of your pocket, or not selling at all.
Get a pin-point home valuation without any cost or obligation. Just reply to this email or call my direct line at (480) 442-7325.
| 
