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Elite Results Realty | Elite Results Realty Blog

Friday, May 19, 2017   /   by Elite Results Team

How to thrive in a seller's market, even as a buyer (with video)

You keep hearing about this seller's market. But what exactly does that mean?

Watch this video from Rob Hale, our broker here at Elite Results Realty to learn more. 

 

Let's first take a look at Maricopa County's May inventory in the lower price ranges*:


77 listings under $100,000, compared to 9,497 in January 2011
70 listings between $100,000 and $125,000, compared to 3,713 in January 2009
155 listings between $125,000 and $150,000, compared to 3,790 in August 2008
441 listings between $150,000 and $175,000 compared to 3,534 in August 2008


So there continues to be a lot of competition over greatly reduced inventory, which means sellers typically wield the power. That is why buyers need an expert by their side to help them get what want. 
 

We have been able to help our buyer clients gain an edge, even in an environment like this. In a recent example, one of our clients was going to have to submit a contingent offer because they h ...

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  buying a home, elite results realty, real estate market, selling a home, cash purchase, seller's market

Friday, April 14, 2017   /   by Elite Results Team

Buying or selling a home? Here's a peek at market trends...

This is one of my favorite times of the year: blossoms are blooming, baby birds are chirping and buyers are searching. In fact, they are having to look a little harder to find what they are looking for this April. Supply is down 12 percent from this time last year, and that can make a big difference when you are trying to find the perfect home.*
 

Home prices are continuing to increase, though by a more modest amount. 


Luckily, with the right team, you can still find some great properties at the right price. And Elite Results Realty is ready to help.





Here is what these market indicators might mean to you:



If you are looking to buy, now is the time. With less supply and prices rising, we are potentially heading deeper into the seller's market. 




If you are planning to sell, reach out to us. We can help you get top dollar for your home. Below are examples of how we will show your house in the best light, from staging to renovations a ...

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  buying a home, elite results realty, real estate market, selling a home