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Elite Results Realty Blog

Monday, August 14, 2017   /   by Elite Results Team

Supply is shrinking... but we saved some houses just for you!

The big story in the real estate market this month is the low supply. The number of active listings is down nearly 12 percent from last year, and nearly four percent from last month.* 

That can make finding the right home a huge challenge. Not only are there less homes to choose from, but the homes available are snatched up quickly!

That is why our clients love having access to our off-market properties!

These are homes that you can't find on any of the go-to home search sites, like Trulia and Zillow. 

The map below shows you how many off-market properties we have now or in the works, and where they are located. Many of these will be upgraded beautifully, with new carpet, paint, granite, etc. 

If you would like to learn about any of these off-market properties, then please reach out to us. If you are one of our clients, we would be happy to show you!

*Research from Mike Orr

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Wednesday, July 12, 2017   /   by Elite Results Team

Best and worst energy-efficient upgrades for resale value

This month, there are two things on our mind: the heat, and this hot real estate market. We are here to help you weather both!
Right now, saving money on energy is all the rage. But we have seen clients sink tons of money into energy-efficient upgrades that don't necessarily pay off in resale value. 
That might not matter to you if you are planning on staying in your house for a while. But even it there is a possibility you might sell your home within the next couple of years, it is worth thinking about the numbers. 
Check out our list below for the best and worst energy-efficiency upgrades in terms of resale value.
Best energy-efficiency upgrades for resale value:

landscaping with shade trees
upgraded fixtures with fans in all rooms
energy-efficient appliances

We have sold hundreds of homes in the valley, and based on our experience, these upgrades pay off both in energy savings and increased resale value.
Worst ener ...

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

Monday, June 19, 2017   /   by Elite Results Team

Five hot housing trends for the summer

Have you seen the 10-day forecast for the Phoenix Valley? These blazing temperatures might be driving you indoors to hibernate for the summer. But if you want to spend your indoor days in style, then you might consider these hot housing trends:

These are some great updates to make whether you are in your house to stay or whether you are looking to sell.
The video highlights a few of our recent listings. We have a proven record of being able to help our clients get the most out of their listings, in a time period that is way below the market average. This ranges from updates and renovations to staging and HD photography.
Our stats are being helped by the current market, which is still comfortably in the seller’s favor. According to the Cromford Report, supply is down from last year (18,476 versus 20,979), although we are seeing continued signs that the pendulum is beginning to shift ever so slightly back towards the buyer.
Here at Elite Re ...

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  elite results realty, real estate market, selling a home, housing trends

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