Phoenix Metro Real Estate and Community News

You’ll find the Thompson Group blog to be a wealth of information, covering everything from local market statistics and home values to community happenings. That’s because we care about the community and want to help you find your place in it. Please reach out if you have any questions at all. We’d love to talk with you!

Nov. 13, 2020

New Home Sales Continue to Surge

As the housing market surges forward, it’s in an even better spot than it was at this time last year. There are more new homes coming to market, so that means more options for buyers to choose from – win! Call me at 602-753-0177 if you’re interested in learning more about selling your house this fall so you can move into a newly built home designed just for you.

#newconstruction #sellyourhouse #BuilderMagazine #moveuphome #dreamhome #realestate #homeownership #realestategoals #realestatetips #realestatelife #realestateagent #realestateexpert #instarealtor #realestatetipsandadvice 

 

Posted in Home Selling
Nov. 10, 2020

Get More Eyes on Listings with Better Descriptions, Careful Staging

With 25% of buyers making offers without even seeing a home -- a statistic from a recent Redfin survey -- it may be more important than ever to showcase features that are most important to today’s shoppers.

In addition to detailed MLS descriptions, images and videos are crucial in conveying the features, feel, and flow of a property. 

Keep an eye out for new surveys and studies to stay up to date on how the pandemic changes homebuyer preferences and how your listings can accommodate those wishes.

For example, 35% of consumers are changing what they’re looking for in a home. That’s according to data presented by Jessica Lautz during the National Association of REALTORS® 2020 Sustainability Summit in July. Lautz is NAR’s vice president, demographics and behavioral insights,

Right now, home offices top consumers’ wish-lists. Two home offices may be desirable when spouses are both working from home, and others may want a third space to accommodate their kids’ schooling.

Lautz also noted that homes that accommodate multiple generations are getting more attention because kids often return home. Some families want to keep older relatives out of seniors-only settings.

Be sure your stagers up on the latest consumer preferences. They may be able to transform a spare room into a desirable office space, for example, or find a niche that can be staged for kids’ remote learning.

They also could show ways to divide space and provide privacy for everyone living in a multigenerational home.

Videographers and photographers also may need detailed directions from you about where to focus their lenses.

 

Source: https://sres.realtor/blog/blog-home/get-more-eyes-listings-better-descriptions-careful-staging

Posted in Home Selling
Nov. 9, 2020

Why This Fall Is the Season to Sell Your House

Buyers are actively searching for their next home, and your house may be it. If your own needs have changed and you've been considering a move, let's connect to get your house on the market this fall.

 

Posted in Home Selling
Nov. 4, 2020

Are you in the 50%?

As we spend more time at home this year, there’s an even greater focus on what we truly need in our daily lives. If you’re renting and your current house or apartment just doesn’t fit your lifestyle anymore, call me at 602-753-0177 to learn why this is the perfect time to invest in a home of your own.



#rentvsbuy #expertanswers #stayinformed #staycurrent #powerfuldecisions #confidentdecisions #realestate #homeownership #homebuying #realestatemarket #realestateexperts #instarealestate #realestatetipsoftheday #realestatetipsandadvice

Posted in Buying a Home
Oct. 23, 2020

Virtual School is Changing Homebuyer Needs

Are you looking for a new home to create a virtual school space for your children? We can help, give us a call at 602-753-0177 to discuss your needs.

Posted in Buying a Home
Oct. 21, 2020

How to Stay Active When Moving to a New Community

How to Stay Active When Moving to a New Community

So, you’ve decided to move into a new community. You’ve packed the essentials and said hello to your new sanctuary. Once all the hustle and bustle of moving is over, what’s next? An adventure is what’s next. Now is the time to explore your new habitat and find the cool opportunities that your living space has to offer. This is the next and best chapter of your life.

Types of Communities and Amenities

There are numerous communities that are geared towards people of the same age and interests. Active retirement communities (https://www.55places.com) offer various activities and amenities to its residents free of charge. Some of the amenities can include fitness programs, cultural workshops, continuing education programs, and beyond. Many of these associations offer great perks that come along with your residency. If you are part of an active adult community or not, there are still countless options for you to keep your body and mind healthy.

 

Ways to Stay Active

Go for a walk- https://www.asccare.com/walking-beneficial-seniors/

A simple way to keep active and engaged is to stroll through your new neighborhood. Walking is the cheapest and easiest way to get some movement into your day. Start small and work your way up. It offers many health benefits and can add years to your life. According to the American Seniors Community, walking can lower blood sugar, improve heart health, lower pain, and boost mental health. Not only is walking cheap and easy; it allows you to explore your new surroundings. Grab a coffee; explore the scenery and improve your health all at the same time.

Take a Class

There’s no better way to meet people and enjoy your time than taking a class. Many retirement communities and neighborhood organizations offer free/affordable classes to seniors (https://money.usnews.com/money/articles/2009/04/20/forget-tuition-how-retirees-can-attend-college-for-free). Classes can range from exercise to cultural exploration. This is a great way to get the brain working and meet some new people. Programs help seniors move their way to better health and get together with like-minded people who share the same values. Who knows? You may find out you have a love for yoga or writing!

Find Your Passion

This is an exciting time in your life, and you should treat it like that. There are so many fun opportunities lurking and you need to take advantage of them. Now is the time to enroll in that history class you have always wanted to take. The meditation class that once seemed like a dream can now become reality. Now is your time to explore your hobbies and find your passion. The world is yours to explore!

  • Credit: https://sres.realtor/blog/blog-home/how-stay-active-when-moving-new-community
Posted in Community News
Oct. 18, 2020

Why Selling this Fall May Be Your Best Move

If you’re thinking about moving, selling your house this fall might be the way to go. Here are four highlights in the housing market that may make your decision to sell this fall an easy one.

 

1. Buyers Are Actively in the Market

ShowingTime, a leading real estate showing software and market stat service provider, just reported that buyer traffic jumped 60.7% compared to this time last year. That’s a huge increase.

 

It’s clear that buyers are ready, willing, and able to purchase – and they’re in the market right now. In many regions of the country, multiple buyers are entering bidding wars to compete for the home they want. Take advantage of the buyer activity currently in the market so you can sell your house in the most favorable terms.

 

2. There Are Not Enough Homes for Sale

In the latest Existing Home Sales Report, the National Association of Realtors (NAR) announced that there were only 1.49 million units available for sale. That number was down 18.6% from one year ago. This means in the majority of the country, there aren’t enough homes for sale to satisfy the number of buyers.

 

Due to the health crisis, many homeowners were reluctant to list their homes earlier this year. That will change as the economy continues to recover. The choices buyers have will increase going into the new year. Don’t wait until additional sellers come to market before you decide to make a move.

 

3. The Process Is Going Quickly

Today’s ultra-competitive environment has forced buyers to do all they can to stand out from the crowd, including getting pre-approved for their mortgage financing. This makes the entire selling process much faster and simpler, as buyers know exactly what they can afford before shopping for a home. According to the latest Origination Insights Report from Ellie Mae, the time needed to close a loan is just 49 days.

 

4. There May Never Be a More Important Time to Move

You’ve likely spent much of the last six months in your current home. Perhaps you now realize how small it is, and you need more space. If you’re working from home, your children are doing virtual school, or you just need more space, your current floor plan may not work for your family’s changing needs.

 

Homebuilders are beginning to build houses again, so you can choose the exact floor plan to match what your family needs, and you can make sure the outdoor space is what you want too.

 

Bottom Line

The housing market is prime for sellers right now, so let’s connect to get the process started this fall. If the timing is right for you and your family, the market is calling your name.

 

Posted in Market Updates
Oct. 15, 2020

Buying a home and building equity early

Buying a home and building equity early is one of the best ways to invest in your future. With the current low interest rates, you have a great opportunity to get that process started now. Call me at 602-753-0177 me with your questions so we can put you on the road to your dream home today.

#millennialhomebuyers #firsttimehomebuyer #millennials #opportunity #housingmarket #househunting #buyingahome #housingmarket #starterhome #dreamhome

 

Posted in Buying a Home
Oct. 14, 2020

A Great Marketing Plan

The day is here! You need to sell your home. The next steps are to find a real estate agent familiar with the Phoenix MLS, put your home on the market and negotiate a contract. The number 1 rule in selling your home is to get your home tons of exposure. The more exposure you get for your home, the more potential buyers, the faster the sale and a higher sales price for your home. Seems simple, right? Well, here are a few things to consider when going to market.

Focus Local and Worldwide. Recently, our team got a call from another state about one of our listings. The buyer who happened to have cash for a purchase found one of our listings on the internet. Unable to find a local Phoenix Real Estate agent the buyer called us directly to purchase the home. The buyer said, “your home is beautiful.” While our seller took credit for the beautiful home, we took great pride in showcasing the home with our elite marketing plan.

Focus on the Internet. The internet has huge potential to market our listings, but also is very risky. While allowing agents to showcase a home’s best features, the internet can also make a home look very bad. Dark pictures, pictures of small rooms, pictures of the commode, and even the lack of any pictures will dissuade buyers to look at your home.  The presentation of a home over the internet should entice a buyer’s interest to see more of the home by scheduling a showing.

Focus on the Phoenix MLS. The Phoenix MLS allows home owners and agents to add lots and lots of features. Important upgrades like granite counters, RV gates, energy efficient upgrades, cul-de-sac lots, vaulted ceilings, etc. are very important to buyers. Also, many buyers and buyer’s agents will search for these important upgrades on the internet and the MLS database. Every time a buyer searches for features, and finds your home, the buyer is likely to want to see inside your home.    

Don’t Forget Traditional Advertising. With I-phones, tablets, and many other tech devices, it may be easy to forget the traditional advertising. However, traditional advertising is still very successful for attracting buyers. Newsletters, Just Listed notices, and color flyers are still huge for getting the attention of buyers. While younger buyers under the age of 30 will start their search for a home on the internet, many older buyers will start their search with the newspaper or from items received in the mail. On a daily basis, many Phoenix Homes for Sale can be found in the local paper.

A great marketing plan includes aspects of all these items and many other ways of getting buyers to see your home.  Remember, the name of the game is exposure, exposure, exposure. Do you have more questions? Do you want to learn more about this or other ways to get the most money from the sale of your Phoenix Arizona Homes?  

We can help! Contact us at (602) 753-0177 or info@ThompsonGroupAZ.com  

 

Posted in Selling Your Home
Oct. 12, 2020

Experts Forecast a V-Shaped Economic Recovery

Experts anticipate a V-shaped recovery for our economy, and the housing market is leading the way. Let's connect to make sure you have everything you need to make your best real estate decisions this year. #economicrecovery #housingmarket #expertforecast

Posted in Market Updates