Finance – East Valley Home Sales

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Millionaire to Millennials: Buy a Home Now!

In a CNBC article, self-made millionaire David Bach explained that “the single biggest mistake millennials are making” is not purchasing a home because buying real estate is “an escalator to wealth.” Bach went on to explain:“If millennials don’t buy a home, their chances of actually having any wealth in this country are little to none. The […]

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Home Equity Playbook

The Home Equity Playbook ​ What is Home Equity? Home equity seems to be a very simple calculation — the total amount of mortgages owed subtracted from the current market value of a home. Here is a simple example: ​ Current Home Market Value $325,000 Existing Mortgage $225,000 Homeowner Equity $100,000 ​ One side of the equation is well defined, and it is found […]

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Is Real Estate Investing For You?

​ A Beginner’s Guide to Real Estate Investing Despite the grim economic outlook for some industries, one sector is gaining viability — real estate. According to the 2016 Emerging Trends in Real Estate, which was released by the Urban Land Institute earlier this year, trends such as “18-hour cities” and millennial parents increasing moving from urban areas […]

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What’s Your Home Buying Power?

​ What’s Your Home Buying Power? If you’re in the market for a new home or investment property, one of the first questions you’ll probably ask is, “What can we afford?” Many buyers become so caught up in how much they can afford that they don’t realize their total buying power—that is, the total amount of purchasing […]

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