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...]

Hiring A Stellar Sellers Agent

Real estate is an interesting industry. To be a successful agent you need to be incredibly organized, technologically savvy, quick on your feet to anticipate, recognize and solve problems, entrepreneurial, a marketing genius, a great listener, an influencer, an information junkie, an exceptional communicator, and possess an ability to maintain a degree of equanimity (holding steady despite magnificent swings in the market and in the life of a transaction). Despite that long list of skills and … [Read more...]

Considering Selling Your Home? Don’t Delay!

Every November I spend hours working on my business plan for the coming year. I look at how things went in the current year and plan for growth in the next. I'm pleased to announce that The Sharyn Younger Team had a great 2017, having sold 30 homes and sourcing 90% of our business through referral. A great big thank you to those of you who trusted your family and friends real estate needs to our team. My current business planning turned up the following observation: I have three times as many … [Read more...]

Is Buying Phoenix Rental Properties A Good Investment?

I've always said that the smartest people I know don't know everything. But they know people who have the answers to their questions. One of the things I love about real estate is the constant learning experience. And I'm smart enough to know that I don't have to have every answer to every question; but I better know the people who do. That's how I am helping investors add real estate to their portfolios and build wealth for themselves and their families. My go to real estate investment guru is … [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...]

2017 Predictions For The Real Estate Market

Well here we are again, a brand new year. Time for fresh starts (yay!), resolutions (ugh!), and predictions for the new year (I nailed it last year!). Here are my 2017 predictions for the real estate market: National trends: Nationally the market will slow. Gains will still be made in home values but at a slower rate. Great news for places like San Francisco, Portland OR, and New York City where it's become nearly impossible for middle class buyers to enter the housing market. The … [Read more...]

Campaign Promises can ‘TRUMP” Arizona’s Real Estate Market?

Well, the election is over and many are curious to know if 2016 campaign promises will "trump" Arizona's real estate market. Some of you are elated with the results, and many lie somewhere between anxious and terrified about what the future will bring. As far as campaign promises go, there are three in particular that could have a significant impact on the  housing market according to Tina Tambour of the Cromford Report. Trump promises to deport millions of undocumented immigrants The … [Read more...]

The BREXIT Effect On Real Estate

While the debate rages on about sanity of the British vote to secede from EU, we here across the pond are seeing the effect of the BREXIT on real estate. Proof of the global nature of our economy can be seen in the immediate effect on our stock market, as well as the positive impact on our real estate market. Here in Phoenix we're seeing benefits to both buyers and sellers and here is a simple explanation of why that is. Many have been anticipating a rise in interest rates. The Fed has given … [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...]

The Sellers Dilemma: Update Or Sell For Less?

The sellers dilemma: Sell an outdated home for a lower price, or invest in updating to get more money for your home. So you're thinking that in the next few years it will be time to trade in your current home for something bigger, smaller, located closer to family...or further away from family, depending upon your circumstances. You know that parts of your home are dated, and that getting top dollar for your home will require face lifts that range from minor tweaks to major reconstruction. … [Read more...]