What does an appraiser do in a home purchase?

We've been talking about the "team" you will have at your side when you purchase a home. Your Realtor is your coach and gets you on the field by helping you find the right home and negotiating an accepted purchase contract; then monitors performance to make sure everyone is playing their position to their full potential (and obligation). Your teammates will be the title/escrow officer, your lender (if you're financing), your home inspectors(s), and the appraiser. Many people get the home … [Read more...]

The Sharyn Younger Real Estate Team Just Got Bigger & Better

The Sharyn Younger team is proud to announce the addition of Traci Tartaglio as a referring agent. Traci has been a licensed Realtor® for four years combining her love of real estate with her business acumen derived from decades as the owner of Ahwatukee Carpets. She has helped families all over the valley create homes they love with flooring and remodeling services.  She is great at helping people identify their needs and applying just the right solutions to get them the biggest bang for their … [Read more...]

Before Buying In An HOA Community Ask These Questions

So you've bought a home in an HOA community. Be prepared for LOTS to read and know what to look for to avoid future problems. The most common question I hear about Home Owners Associations is "what are the fees?". You should be asking other essential questions before buying in an HOA community. What do the HOA fees cover? There is considerable variation in monthly association fees. It's important to know what services are provided. Services can range from simple common area maintenance to … [Read more...]

Are we in a housing bubble?

The most frequent question I'm asked lately is "are we in a housing bubble?".  The Phoenix housing market was predicted to be among the hottest in the country in 2017 and now that we're through the first third of the year, I'd say that prediction is on track to being right on the money. With homes appreciating at a nice clip and inventory shortages at some price points resulting in multiple offers, it would be easy to conclude that we're in a housing bubble. Especially those who lived through … [Read more...]

Ahwatukee and the Loop 202 South Mountain Freeway

  There's been so much press about the expansion of the Loop 202 South Mountain Freeway down Pecos Road in Ahwatukee to connect the east valley and the west valley. Opinions vary as to the wisdom of running the freeway through the southern portion of Ahwatukee. Some have been dead-set against it. Some feel that of all the options that have been considered, this is the most practical. Regardless of where you stand on the matter, the fact is, it's becoming a reality. Homes have been … [Read more...]

Housing Affordability in Metro Phoenix

The Housing Affordability Index (HAI) is a measure of housing affordability for a family with a household income typical for a region. A value of 100 means that a family earning the median income for that area has just enough income to purchase a median priced home and handle the monthly mortgage payment. The higher that number goes, the more affordable home ownership is in that area. In an area rated with a 130 HAI, for example, a family earning the median income has 130% of the income … [Read more...]

Maricopa County Rents Spiraling out of control?

How hard is it out there for a renter? It seems like Maricopa County rents are spiraling out of control! I was recently talking to a colleague who's been trying to help a friend get into a rental. Listing after listing was gone before they could even do a quick walk through. So my colleague, being the super agent that she is, decided that she would show up at the next rental listing in which her friend expressed interest, as soon as it hit the MLS. And so she did...along with 10 other interested … [Read more...]

When is the right time to call a Realtor®?

The decision to sell and/or purchase a home is one that typically happens in stages. More often than not the idea germinates for awhile before a home seller or buyer feels "ready" to start the process. Information needs to be gathered, challenges identified, emotions dealt with. Unless there is an immediate need driven by a life circumstance, the decision to leave one home for another usually takes some time. When is the right time to contact a Realtor?  There is a misperception that a Realtor … [Read more...]

Large, Lovely Ahwatukee home for less than $127 per square foot?

Located in the annexed southwest portion of Phoenix known as Ahwatukee is the award winning  master planned community of Mountain Park Ranch. This is a highly sought after community due to it's high quality school system (Kyrene/Tempe Union High School District) and  it's amenities, which include pools, spa's tennis courts, hiking trails, walking paths, parks and the incredible mountain views in every direction. Additionally, the location cannot be beat. Off the beaten path, it is nestled … [Read more...]

3114 E Verbena: Ahwatukee home for sale

  3114 E Verbena is a home that has been well loved and well cared for since it's first days in Mountain Park Ranch, Ahwatukee. Originally purchased as a new build by a lovely couple, it's spaciousness was a key attribute as they planned to have frequent out of town family visitors, and wanted to give those visitors a resort-like experience. The backyard was designed with just that in mind, boasting a large pool complete with water feature, surrounded by comfy lounge chairs, decorative … [Read more...]