News Category

Nov. 4, 2017

How the New Tax Plan Will Affect Real Estate

The proposed changes to the US tax code could have a tremendous impact on the real estate market. Here is my analysis of winners and losers with regard to real estate:

 
Winners
  • Renters - High standard deduction reduces the benefit of buying for most families, and effectively allows them ...
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Oct. 21, 2017

Protect Yourself from Hackers and Financial Fraud

Hacking, identity theft, and fraud are completely out of control. The government is way behind in dealing with this, and we have to protect ourselves as best as we can.
Here are some important things to know, and do:
1. Never wire funds based on email instructions without calling to confirm ...
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Feb. 25, 2017

Unlisted Formal Mediterranean Custom Home

This week we have a spectacular off-MLS Mediterranean home. This custom home offers Venetian plaster, Crestron automation, wine cellar, air-conditioned garage and more -- and you won't find it on the MLS. It's over 9,000 square feet and the asking price is just under $3.7 million.
Here ...
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Feb. 18, 2017

Investors Who Called the Last Cycle Make Another Call, Mortgage Interest Deduction, Intel Invests $7 Billion in AZ

In the last real estate downturn when many were wiped out, Peter Wells and Marcel Arsenault were thriving. They had timed the cycle brilliantly, selling 85% of their properties in 2005. With lots of dry powder, their company Real Capital Solutions made tremendous deals acquiring and building from the ...
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Jan. 28, 2017

Housing Supply Hits 17 Year Low and Dow Jones Hits Record 20,000

This newsletter has been reiterating one observation for a few years: the supply of U.S. housing is low. It's low relative to (a) history, (b) current demand, and (c) increasing future demand predicted by the rates of birth, immigration, and the huge percentage of Millennials living with their ...
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Jan. 14, 2017

Home Design Trends for 2017

Without question, the most consistently difficult deals are homes that are either half remodeled or partially remodeled. The seller is focused on the money they've spent on the home, but the buyer is focused on the money they will have to spend after closing.
 

For this reason, it ...

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Nov. 26, 2016

The Pros and Cons of "Slow Season"

The fall and especially holiday season is typically the slowest time of year, and the slower pace of closings in recent weeks confirm that. However, it doesn't mean selling your home is impossible.
This week, one of my listings in Paradise Valley received an all cash offer closing in ...
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Nov. 18, 2016

Mortgage Rates are Up - What to Do Now?

This has been quite a week in global markets, and real estate is feeling the impact.
Mortgage rates are up 50 basis point in just a week, and there is widespread speculation that the Fed will soon be raising rates. 
If you are planning to buy, and will be ...
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Feb. 13, 2016

Notaries Go High Tech

If you've ever been frustrated by the hassle of getting documents notarized, you're going to love this service. You can get documents notarized from the comfort of your computer, it's all done via video.
 
Very clever, and a great timesaver at $25 per document. Also works ...
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Jan. 30, 2016

Important Things to Know When Buying or Selling a Home with the Furnishings

It's quite common in many Paradise Valley luxury home transactions to include some personal property in the transaction. Whether it's a table that perfectly fits the room, or a couch that just wouldn't go as well anywhere else, there's often at least some bit of personal ...
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