Ann Espinosa, Author at Greater Phoenix Arizona Real Estate - Shea Preferred Realty Group

3 Things Every Seller Should Know

If you are thinking about putting your home on the market this holiday season, there are a few things you should know.

1. Buyer affordability is the #1 thing capping prices, not just interest rates!

As a seller, you should be prepared to make repairs or pay concessions if you want your house to sell. If your home needs repairs, it is likely to impact how much you get for your home because the amount either adds or subtracts from your best buyer’s affordability.

2. Prices are normalizing.

Rates are now normalizing prices. They aren’t dropping, but they also aren’t shooting up like they used to. Focus on listing your home at a fair price.

3. Buyers that are house shopping now, are serious buyers – be a serious seller.

Most buyers want to be in their home by the new year. If you are putting your home on the market now, the assumption is you are motivated to sell by then.

The Importance of Networking

Watch our Instagram video!

With 3,300 connections on TJ’s phone, each one’s a valuable connection.

From contractors to Christmas light hangers, my network is like a modern Yellow Pages.

Leverage your connections and let’s make things happen together!

Who’s in your power network?

Comment on our Instagram Page here!

Real Estate Investment is Not Just for Big Players

In the ever-evolving world of Real Estate, the idea of investing may seem reserved for large corporations and institutional giants. However, the reality is far more relatable, with many ordinary investors, perhaps even your friends or neighbors, actively participating in the market.

Let’s dive into the data to uncover the truth. According to SFR Investor, out of the eighty-two million single-family homes in the United States, nearly eighty-three percent (68 million) are owner-occupied. This leaves around fourteen million homes categorized as single-family rentals (SFRs). The common assumption that institutional investors own the majority of these homes is debunked when we break down the investor categories:

Mom & Pop Investors (1-9 SFRs): 45.41%
Regional Investors (10-99 SFRs): 33.42%
Smaller National Investors (100-999 SFRs): 16.46%
Institutional Investors (1,000+ SFRs): 4.71%

Contrary to popular belief perpetuated by news and social media, the chart illustrates that institutional investors represent the smallest portion. The majority of rental homes are owned by small-scale investors, the mom and pop variety – individuals much like your friends and neighbors. They are driven by the belief in homeownership, purchasing second homes as investments, either for rental income or simply to retain a property when moving up the housing ladder.

In essence, the narrative that institutional investors dominate the market, making it challenging for ordinary individuals to buy homes, does not align with the actual statistics. While institutional investors play a role, they are not the primary driving force. Instead, it’s the collective actions of everyday people, like you, who view homeownership as an investment opportunity.

If you have questions or seek a deeper understanding of the housing market dynamics and/or explore the possibilities of Real Estate investment, we would love to help you! Connect with us SHEA PREFERRED REALTY, your trusted Real Estate team!

Source: SFR Investor

Favorite Thing in East Valley Arizona

Favorite dinner spot in the East Valley?

The Hidden House in downtown Chandler is the go-to! Book a patio seat for the perfect ambiance. Recently tried their new venture, Elliott Steakhouse—phenomenal!

Current top pick! What’s yours? Share your recommendations!

Encanterra Home for Sale: 1732 E Vesper Trail, Queen Creek, Arizona

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Don’t miss the chance to own this beautiful home in the highly sought-after Encanterra community. This charming 2-bedroom, 2-bathroom home is meticulously maintained and offers an owned solar system for outstanding energy efficiency. The interior of the home has warm and neutral colors, showcasing stunning quartz countertops in the kitchen, along with staggered cabinets and upgraded appliances, making it the perfect space for both cooking and entertaining. Additionally, you’ll find an oversized laundry room with a generous pantry, which can double as a convenient office space. The well-maintained backyard is an entertainer’s dream, featuring a gas fireplace and rolling wall of glass. The garage is spotless and has an epoxy finish with upgraded water softener and R/O.

Interested in viewing this beautiful family home? Connect with us today to schedule a private showing: Shea Preferred Realty Group OR you may go directly to the MLS to view all the details and photos for the home here: 1732 E Vesper Trail, Queen Creek, AZ 85140

HOME SPOTLIGHT: 1732 E VESPER TRAIL, QUEEN CREEK, ARIZONA

HOME SPOTLIGHT: 1732 E Vesper Trail, Queen Creek, AZ 85140

Benefits of Selling in a Low Inventory Market

1. More Demand

Limited supply of homes for sale is a key factor in the current real estate market.
A low supply increases demand, making home more desirable.

2. Inventory Below Normal Levels

3. What this means for Sellers

With limited inventory, buyers have less choices. This gives you a chance to

make your home stand out.

Homes priced appropriately are selling rapidly, presenting an advantage for sellers. This can also help create multiple offer situations.

If you want more selling tips for the holidays, we would love to help you! Reach out to us today @ SHEA PREFERRED REALTY

QC Kick off December Events

As the holiday season approaches, the charming town of Queen Creek undergoes a festive Christmas transformation. Join in the excitement as we delve into the enchanting lineup that Queen Creek has orchestrated for the Christmas Holiday kick-off!

1. Christmas at Schnepf Farm

Event Link: Christmas at Schnepf Farm

In case you missed this, embark on a journey into a winter wonderland at Schnepf Farm, where attendees can revel in seasonal food, family fun, and a host of festivities. From the World of Illumination Express to Santa’s magical workshop, the options are endless. See date schedules on official link.

Highlighted Attractions:

Illumination Express
Ice Skating
Santa’s Reindeer Hayride
The World’s Largest Inflatable Obstacle Course

2. The Nutcracker

Event Link: The Nutcracker

On December 8th & 9th, experience the reimagined Nutcracker presented by INSPIRE Entertainment. Tickets are available for purchase on their official website.

3. Cowboy Christmas and National Final Christmas

Event Link: Cowboy Christmas and NFC

The successful inaugural Cowboy Christmas of 2022 returns on December 8th and 9th, featuring over 140 vendors and a vibrant atmosphere. Enjoy shopping, food trucks, and live streaming of the Wrangler National Finals Rodeo from Las Vegas on the Cowboy Channel. Event hours are Fri: 4 pm – 9:30 pm and Sat: 11 am – 9:30 pm. See their official website.

4. OlivePalooza

Event Link: OlivePalooza

Taking place on December 9th-10th, 2023, at Queen Creek Olive Mill, OlivePalooza offers free admission and a range of events, including olive pressing, harvesting, crown making, gourmet vendor alley & tastings, live music & games in the grove, live cooking demos, and more activities! See Queen Creek Olive Mill’s official website.

5. Dave & Buster’s Breakfast with Santa

Event Link: Dave & Buster’s Breakfast with Santa

On December 10, 2023, at Dave and Buster’s – Queen Creek, Santa Claus brings holiday cheer! Skip the mall lines and enjoy an exclusive meet & greet, complete with an All American Breakfast buffet, a $10 Power Card® with Unlimited Video Game Play, kid-friendly crafts, and more. For tickets, please go to their official website or the event link.

6. Holiday Party at Queen Creek Marketplace

Event Registration: Holiday Party at QC Marketplace

Spread the holiday spirit at Queen Creek Marketplace on December 16, 2023, from 3:00 pm-4:30 pm. Festive games, free pictures with Santa, and the chance to win 1 of 4 $50 gift cards make this event a must-attend. Located near Kohl’s, it promises a joyful celebration for all.

From twinkling lights to joyful celebrations, Queen Creek invites everyone to welcome the holiday spirit and create magical memories. Make Queen Creek your destination for a season of joy and celebration! Interested in moving to Queen Creek? We would love to help you! Contact us @ SHEA PREFERRED REALTY

My Trilogy Life Kickoff December Events 2023!

The holiday spirit is alive at Encanterra through #MyTrilogyLife. We’re thrilled to share the festive lineup of My Trilogy Life events to kick off in December. Join us in celebrating the most wonderful time of the year with a range of activities suitable for members and their guests.

1. Les Miserables

Event Registration: Les Miserables

Embark on a theatrical journey with Les Misérables at ASU Gammage on December 5th. Depart Encanterra at 6:00 pm, enjoy the show at 7:30 pm, and return by 11:00 pm. Limited tickets are available, so secure your spot for this unforgettable musical experience.

2. Chocolate Demo | Decadent Chocolate Desserts

Event Registration: Chocolate Demo

Calling all chocolate lovers! Indulge in a Chocolate Demo on December 6th (12:00-1:00 pm) at La Cocina. For $10 plus tax, witness the creation of decadent chocolate desserts, complete with samples and a recipe card. Don’t miss this delectable experience.

3. Bubbles Around the World

Event Registration: Bubbles Around the World

Raise a glass to the season at the Bubbles Around the World Wine Dinner on Patio Montenegro on December 6th at 6:00 pm. Explore a delightful menu paired with exquisite wines for $65 (Barrel Masters) or $75 (Non-Barrel Masters).

4. Ornament Decorating

Event Registration: Ornament Decorating

Join the Christmas Ornament Extravaganza on December 10th (3:00-5:00 pm) at Bodega. Decorate an ornament, enjoy wine, and socialize with neighbors for $5 plus tax.

5. A Christmas Carol | Hale Theater

Event Registration: A Christmas Carol

Experience the holiday classic, A Christmas Carol, at Hale Theater in Downtown Gilbert on December 13th. Depart Encanterra at 3:45 pm, enjoy the show at 5:00 pm, and return by 8:00 pm. Limited tickets are available for $75 plus tax.

6. Holiday Cocktail Mixology Demonstration

Event Registration: Holiday Cocktail Mixology Demo

Shake up your holiday with a Mixology Demo on December 15th (2:00-3:00 pm) at La Cocina. For $30 plus tax, learn from expert bartenders, savor three cocktails, and receive a recipe book.

7. Football Game | Arizona vs. San Francisco

Event Registration: Football Game

Cheer on the Arizona Cardinals as they face the San Francisco 49ers on December 17th. Depart Encanterra at 11:30 am, enjoy the game at 2:05 pm, and return by 8:00 pm. Tickets are $85 plus tax and include transportation, refreshments, and game tickets.

8. The Celebration of Christmas

Event Registration: Celebration of Christmas

Immerse yourself in the Celebration of Christmas on December 17th (5:30 pm-10:30 pm) at Dream City Church. Experience a magical performance featuring singing, a live nativity, and aerial acrobatics. Tickets are $70.00 plus tax. Join us for a December filled with joy, laughter, and unforgettable moments! Tickets available on MTL.

Celebrate the magic of the season and bring along your guests! #MyTrilogyLife December kick-off events at Encanterra are designed to create cherished memories for everyone. Share the joy, laughter, and festive spirit with your loved ones, and let the holiday celebrations at Encanterra be an experience enjoyed by all!

Source: My Trilogy Life

Favorite East Valley Arizona Spot

Favorite dinner spot in the East Valley, Arizona?

The Hidden House in downtown Chandler is the go-to!

Book a patio seat for the perfect ambiance. Recently tried their new venture, Elliott Steakhouse—phenomenal! ????????

Current top pick! What’s yours? Share your recommendations in our youtube video here!

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