There are many important variables when getting ready to list your home. But one of the most critical things to consider is price and pricing it right the first time. Inside the gates of Encanterra, the resale market has entered more of a neutral state. As of today, we have 52 resale homes and that number continues to grow. Homes are sitting on the market Continue Reading
Dual Agency; what is it & what does this mean for you?
Inside the gates of Encanterra, our Shea Preferred team has sold nearly 65% of our listings and closed over 228 sales. Yes, 228 sold Shea Preferred listings. This is a huge win/win for you the seller as it puts us in the driver’s seat for many factors relating to the transaction. If no agent is involved we eliminate an outside agent who perhaps is generally new to the area or has limited Continue Reading
Lot premiums or choosing non-standard lots, is this a good move?
With over 25 years of true full time Real Estate experience in the entire valley and 1700 transactions here is our assessment. Buyers coming from other parts of the country are shocked to see block fences and homes 10’ apart. With land cost continuing to go up builders are forced into squeezing more homes per acre. As long as lot premiums are reasonable, and that’s subjective, then of course the Continue Reading
Phoenix Metro area-Market Snapshot March 2019
Starting with the basic ARMLS numbers for March 1, 2019 and comparing them with March 1, 2018 for all areas & types: Active Listings (excluding UCB): 18,959 versus 16,924 last year - up 12.0% - but down 0.4% from 19,040 last month Active Listings (including UCB): 23,197 versus 21,474 last year - up 8.0% - and up 2.4% compared with 22,655 last month Pending Listings: 6,119 versus Continue Reading
Do you follow us on Instagram yet??
If you haven't started following us on Instagram....you should check us out for your daily dose of beautiful Encanterra sites, Real Estate news, meeting new members, see what our buyers & sellers are saying about us & much much more! Just follow this link: Shea Preferred Instagram Link Continue Reading
Open this, Offer that, and direct buy companies, good deal for you?
Any time the market is on the uptick we see new ideas popping up. Here we go again. The top two listed above are the big ones. They offer you cash, promise the world, close when you want and state no staging, no inspections, etc. In order for these companies to survive, pay for repairs, paint, and other items most need, not a chance they can offer you more than 90% of the current value. If they Continue Reading
Gray’s or Browns, what’s popular and what sells?
Actually some of both but with newly designed floor plans scattered across the Valley, we’re seeing more bright and neutral colors as standard and lighter colors are certainly attractive to a large percentage of buyers today. The older tans and golds are slowly going away but don’t be surprised if they come back around in 10 years. We have general contractors affiliated with our team that can Continue Reading
Real Estate teams or a single agent, which benefits you the most?
Real Estate teams or a single agent, which benefits you the most? Teams have been dominating the industry over the past 10 years. With so many moving parts with contract changes, lending and tax laws, and the nearly 50 pages of documents from contract to closing, when a team of 4-5 full time professionals work together it’s a much smoother process for a buyer or seller. Add home Continue Reading
Why does the same floor plan sell for $30,000-40,000 more or less than another?
Look no further than the design studio where it all starts. Years ago when we first opened at Encanterra® it was common to see buyers spend $100,000 or more on options and upgrades. Today we see buyers cutting back on those options as the builder is no longer offering large incentives. If you just moved here from another region in the country, what was popular and expected back home may have Continue Reading
I need to sell, what does my home need to get top dollar?
In today’s real estate world, one needs to understand one thing, HGTV. Yes, flip this, flop that, it's all we see. In AZ and especially Encanterra®, a home that’s 8-9 years old could appear to be much older. Things change rapidly with color and design expectations. What was popular 10 years ago is now outdated. Buyer’s expectations are off the charts regardless of age and demographics. In Continue Reading
