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Real Estate Market | Elite Results Realty Blog

Thursday, March 8, 2018   /   by Rob Hale

Consider updates: enjoy your home AND your resale value

If selling your house is a possibility anytime soon, then you should be thinking about what to do to prepare. 

Working with sellers is definitely one of our specialties, so we have many clients who reach out when they are ready. When we sit down and talk through the numbers, they are often surprised when they learn how much more money they can get if they do at least a few simple updates. Most of them end up taking some of our advice by changing paint, flooring, landscaping, etc. 

However, it always makes me a little sad to see people go through the work and investment just in time for someone else to enjoy it. But every once in a while, I come across a savvy client who made the updates with enough time to enjoy before selling! 

The lovely Queen Creek home pictured below is a great example. Using some of our advice, the sellers updated the home about two years ago, and it is still in pretty much perfect condition. It shows wonderfully, and looks as though they f ...

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

Tuesday, February 20, 2018   /   by Elite Results Team

Check out the transformation of this Mesa mansion

Today is #TransformationTuesday, and we wanted to give you a break from all the before and after shots of your diligent friends who have been hitting the gym. Just feast your eyes on this 6,000 square-foot Mesa mansion that has undergone some change before recently hitting the market. It's fun to watch, whether or not it's in your price point.  



This home is a great example of how a face lift (guided by your dedicated seller experts... hint...that's us) can do wonders, even when we are in this strong of a seller's market.  

Speaking of the market, here are some current trends to note*:

Total sales for homes over $500,000 was up 25 percent from this time last year.
Supply is still very low, leading to continuously climbing prices.
The monthly median price is $249,900 (a peak not seen since Sept. 2007).
The price per square foot continues to increase as well, especially in the southeast valley.

If you want to capitalize on these peaking prices, reac ...

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  real estate market, elite results realty, seller's market

Thursday, January 11, 2018   /   by Elite Results Team

Home prices likely to increase in 2018

We advised buyers who were on the fence one year ago that if they were planning on buying within the next couple years, they should do it sooner because prices would continue to rise for the foreseeable future. 

At the dawn of 2018, we have the same guidance. In fact, it's even more urgent than one year ago. The market is in an interesting predicament as we start the new year. Supply is extremely low, and this typically means one thing for prices: ↑ ↑ ↑

Here are numbers to give you an idea of what the market is doing: 


Active listings are down by nearly 14 percent from one year ago (and 9 precent from last month)*
Average sales price per square foot is up 8 percent from last year (while general inflation has stayed the same) 




Other factors add to the urgency, including rising interest rates.

So what does this mean for you? 


Buyers: If you are in the market, you should probably put the pedal to ...

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  real estate market, buying a home, selling a home, seller's market, housing trends

Wednesday, December 6, 2017   /   by Taryn Hale

Help us serve children in need this holiday season

As we wrap up 2017, we are grateful for what we get to do every day. We love to help people navigate some of the most momentous decisions in their lives. This is especially the case in the current real estate market, where experienced agents can make a huge difference: listings are down 12 percent from this time last year, which means buyers need full-time agents who are great negotiators and know how to make their offers stand out. Meanwhile, median sales price is up nearly 9 percent, so expert guidance on how to maximize your home's value can get you an even greater return. Just the other day, we were able to help a client sell their home for the full asking price of $325,000 within three days. This experience came after the client had their home unsuccessfully listed with another agent for five months. The agent dropped the listing price of their home several times (from $313,000 to $299,000) and still couldn't get the house sold. 

We love to help people, and ...

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  elite results realty, real estate market

Friday, October 27, 2017   /   by Elite Results Team

Which AZ cities rank among top in nation to buy a family home?

The Phoenix valley is home to three cities that made top 10 on a list of best cities in the nation to buy a family home. 

Chandler is in the #1 spot, with Gilbert at #3, and Scottsdale finishing up at #8, according to data compiled by SmartAsset. The study looks at a number of factors, including changes in home values and rent costs, property taxes, house sizes and median housing costs. 

Use these links to start your search for homes in each of these areas:


search Chandler homes
search Gilbert homes
search Scottsdale homes

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  elite results realty, real estate market, buying a home