Arizona Real Estate News & Market Trends

You’ll find our blog to be a wealth of information, covering everything from local market statistics and home values to community happenings. That’s because we care about the community and want to help you find your place in it. Please reach out if you have any questions at all. We’d love to talk with you!

May 30, 2019

Ideas to Enhance Your Yard’s Natural Benefits

Your healthy yard is more than what meets the eyes. Healthy lawn and landscape filter the air of pollutants and prevent unwanted runoff. Simply looking at trees and plants can reduce stress. Inspired? Here are some tips to make your yard look even better.

• Mow Properly:

Raising the deck height of your lawn mower is one simple thing you can do right now to improve your green space. When mowing, the blade should remove no more than a 1/3 inch from the blade of grass.

• Mow at the Right Time:

Professionals recommend to not mow right after it rains. Mowing wet grass will cause clumping and ruts. This also leaves the lawn more susceptible to certain diseases.

 

• Let the Clippings Drop:

“Grass-cycling” your clippings allows nitrogen and other nutrients to return to the soil. Even better, it eliminates the step of hauling around heavy bags of yard waste.

• Invest in Smarter Watering Tools:

An irrigation system saves time on watering chores, but one that uses smart technology and weather-based data will apply water only when your lawn and garden need it.

• Consider Natural Landscaping:

The next time you choose flowers, shrubs, or trees, opt for species native to your region. These plants have adapted to the climate, so they’re more resilient to your region’s weather patterns and require less watering than exotic species.

• Work with a Pro:

If you’re seeking fresh ideas to amp up your landscaping, or you want to maximize its full environmental and enjoyment benefits, consider turning to the expertise of a lawn care or landscape professional. With help from a professional, you can have the outdoor oasis of your dreams.

 

Article by Any Presentations

 

Silver Alliance Realty is here to help you with all your real estate needs.

We make buying and selling your home SIMPLE!

Contact Silver Alliance Realty today.

 

Mary Platt

Designated Broker

(602) 618-6764

Mary@PlattTeamAZ.com

Posted in DIY, Home Decor, Home Owners
May 9, 2019

Looking to Sell? Don’t Make These Three Home Improvement Mistakes

It might seem obvious that home improvements are a good investment and will increase a property’s value. Unfortunately, that’s not always true. Many improvements don’t raise a home’s value enough to repay their costs, leaving you out of pocket. Even worse, some projects can actually lower your home’s value.

If you’re about to improve your home with an eye on raising its value, make sure you avoid these three mistakes.

1. Patchy Improvements

When carrying out improvements, try to do it consistently across your home. A shiny, modern kitchen may be a great selling point, but if your bathroom looks like it’s fallen out of a time warp, most buyers will be put off. It’s much better to have a good-but-not-exceptional standard throughout your home than patchy improvements.

2. Poor Planning

For anything except the most straightforward improvements, hire an architect or remodeling expert who can advise on how the improvement fits into your home. A poorly planned renovation can cause more problems than it solves, and it takes experience to spot many potential issues. Just as importantly, a professional will make sure your improvements stay on the right side of the local building codes. No buyer will want to take on a property that goes against regulations.

3. Over-Improvement

Always keep in mind the average property types and values in your neighborhood. If you improve your home too far above your neighborhood’s level, you’ll have difficulty charging the premium your improvements might deserve.

However luxurious and attractive your home, if it doesn’t fit well into its area, many buyers will be turned off by a price that’s noticeably out of line. They’re more likely to spend the money for a more basic home in a higher-value area and make their own improvements later.

If you’re planning to stay in your home for years to come, then go ahead and make improvements that will increase your quality of life. But if a future move is a possibility, keep in mind that not all improvements will pay for themselves, and some may actually make your home harder to sell.

Article by Any Presentations

 

Silver Alliance Realty is here to help you with all your real estate needs.

We make buying and selling your home SIMPLE!

Contact Silver Alliance Realty today.

 

Mary Platt

Designated Broker

(602) 618-6764

Mary@PlattTeamAZ.com

April 30, 2019

Don't Buy Into These Homebuying Myths

Buying a new home is exciting, but many buyers also find it overwhelming. There are a lot of myths about buying a home that buyers need to be aware of. Here are two common home-buying myths.

You Need a 20 Percent Down Payment

Many potential home buyers cite saving for the down payment as one of their biggest challenges. Thankfully, it’s not true that you must always pay a 20 percent down payment up front. With an FHA loan, the minimum down payment is 3.5 percent, provided your credit score is at least 580. You will need to pay for mortgage insurance if your down payment is less than 20 percent, but you may still be able to buy a home.

You Need a Perfect Credit Score

While your credit score is an important factor in getting approved for a mortgage, you don't need a perfect score to qualify. It might be possible to apply for an FHA mortgage loan with a credit score as low as 500, although you will need to make a down payment of 10 percent.

Article by Any Presentations

 

Silver Alliance Realty is here to help you with all your real estate needs.

We make buying and selling your home SIMPLE!

Contact Silver Alliance Realty today.

 

Mary Platt

Designated Broker

(602) 618-6764

Mary@PlattTeamAZ.com

April 25, 2019

Positive Signs for the National Housing Market

According to the National Association of Realtors (NAR), sales of existing homes climbed in February; what’s more, month-over-month sales recorded the highest increase since December 2005. According to Lawrence Yun, chief economist for the NAR, several factors led to the impressive rise in sales including “a powerful combination of lower mortgage rates, more inventory, rising income, and higher consumer confidence.”

Buyer Traffic Is Up

One way to measure the number of buyers looking for homes is to measure the opening rate of SentriLock key boxes. These boxes feature a key access to unlock a home, and their software can measure the number of times the boxes are opened. Data from the SentriLock boxes showed more activity in the first two months of 2019 when compared to the second half of 2018. In short, more buyers are viewing homes.

Homeowners Are Building Equity

Buyers who are looking to enter the housing market appear to be making a wise investment. The typical homeowner built roughly $8,700 in equity in their home over the past year; over the past 24 months, their equity climbed to $21,300. While the current boost to inventory will help more buyers purchase a home and start to build equity, more needs to be done in terms of improving new housing numbers. According to Yun, “More construction will help boost local economies, and more home sales will help lessen wealth inequality as more households can enjoy in housing-wealth gains.”

Regional Breakdown

Northeast - Existing-home sales annual rate of 690,000; no change from January, but an increase of 1.5 percent from February 2018.

Midwest - Existing-home sales annual rate of 1.27 million; an increase of 9.5 percent from January, but no change from February 2018.

South - Existing-home sales annual rate of 2.39 million; an increase of 14.9 percent from January, but a decrease of 0.4 percent from February 2018.

West - Existing-home sales annual rate of 1.16 million; an increase of 16 percent from January, but a decrease of 7.9 percent from February 2018.

Article by Any Presentations

 

Silver Alliance Realty is here to help you with all your real estate needs.

We make buying and selling your home SIMPLE!

Contact Silver Alliance Realty today.

 

Mary Platt

Designated Broker

(602) 618-6764

Mary@PlattTeamAZ.com

April 23, 2019

Tiny Touches to Increase Your Home’s Curb Appeal

Painting the Front Door

The front door is the first thing buyers will see as they walk into your home. A dull, drab, weathered front door is likely to give them a negative first impression that can be difficult to shake. On the other hand, a bright, vibrant front door can set the tone for the rest of the house.

 

Moving Your Trash Cans

Most people keep their trash cans toward the side of their house. However, when introducing buyers to your home for the first time, you don’t want to give them anything that might distract them from the structure itself. As such, it is a good idea to move those trash cans to the rear, where they can remain unseen at first glance. This simple technique can make a big difference to how your home is perceived and valued.

 

Updating Your House Numbers

There’s a good chance that you haven’t thought about the numbers on the side of your house since the day you moved in. If this is the case, they may look old and dingy. Take the time to install new numbers or freshen up the old ones with paint. Potential buyers will notice and appreciate the attention to detail.

 

Article by Any Presentations

 

Silver Alliance Realty is here to help you with all your real estate needs.

We make buying and selling your home SIMPLE!

Contact Silver Alliance Realty today.

 

Mary Platt

Designated Broker

(602) 618-6764

Mary@PlattTeamAZ.com

April 19, 2019

Six Ways a Mortgage Preapproval Reduces Homebuyer Heartache

There’s plenty to think about when you’re searching for a new home, and arranging a mortgage might not be at the top of your list. However, it’s important not to leave this task to the last minute.

Receiving a mortgage preapproval before you even begin house hunting has many advantages, including saving you from a lot of stress and anguish. Here’s a few more:

1. Avoids Delays

Getting your mortgage in place early removes one potential delay from the homebuying journey. As soon as you’ve found your dream home, you can make an immediate offer and get things moving. There’s less risk of another buyer jumping in ahead of you while you wait for a financing decision.

2. Avoids Disappointment

With a preapproval already confirmed, there’s no risk of falling for a home only to find out you can’t actually afford it.

3. Narrows Your Search

Once you know exactly what price range you can afford, you’ll narrow your search, making it quicker, easier, and less confusing.

4. Avoids Instant Rejection

Jaded sellers who’ve seen sales fall through because of finance issues love to see a pre-approval. They’re much more likely to accept an offer, rather than rejecting it and telling you to come back once you’ve confirmed the finance.

5. Gives You a Competitive Advantage

If you’re one of several potential buyers viewing a home, a mortgage preapproval will give you a competitive advantage over those who don’t have one. Sellers will take your offer much more seriously when they know it’s backed by finance. They’re also more likely to accept a lower offer if they know the sale is likely to close quickly.

6. Provides a Chance to Fix Credit Problems

Before granting a preapproval, a mortgage lender goes through the whole credit-scoring process. If there are any problems, you have the chance to fix them without the pressure of watching your perfect home sell to someone else.

Filling out mortgage forms might not be as inspiring as viewing potential homes, but getting your preapproval in place early is important. It takes a lot of the stress, delay, and uncertainty out of the homebuying process, leaving you free to plan the next exciting stage in your life.

Article by Any Presentations

 

Silver Alliance Realty is here to help you with all your real estate needs.

We make buying and selling your home SIMPLE!

Contact Silver Alliance Realty today.

 

Mary Platt

Designated Broker

(602) 618-6764

Mary@PlattTeamAZ.com

April 19, 2019

Homemade Nontoxic Cleaners for Your Home

Keeping your home clean is a constant challenge, and all those chemical-laden cleansers can be irritating and even dangerous. If you would like to clean your home the natural way, the answer may be as close as your pantry or fridge.

Many common household products can double as excellent cleansers, freeing you from the burden and expense of buying toxic products. Here are six homemade cleaning solutions to keep your home looking and smelling great:

Vinegar may be the most versatile natural cleanser there is, and you can use it in many different ways. Vinegar makes a wonderful glass cleaner, but you can also use it to clean counters, stoves, and other surfaces around the home.

 

Lemons are great for cleaning. Use half a lemon to scrub out your pots and pans, or rub a piece of lemon inside your microwave to clean it.

 

Baking soda is a great all-purpose cleaner and deodorizer, so pour a box down your garbage disposal, sprinkle some in the sink, and keep an open box inside your fridge.

 

Hydrogen peroxide is an effective cleaner and disinfectant, so keep a bottle on hand for those quick cleanups. You can use hydrogen peroxide to clean and disinfect any surface, including cutting boards and kitchen counters.

 

Club soda can spot clean the upholstery in your vehicle and on your living room furniture. Just wet a clean cloth with club soda, apply it to the stain, and blot it dry. You may need several applications to get the fabric clean, but it beats using harsh chemicals.

 

Microfiber is known for its softness, but it is also a powerful cleaning tool. You can use microfiber cloths to clean your windows to a streak-free shine without the use of chemicals or other harmful ingredients. Don’t rely on chemical cleaners; with these few simple ingredients you can make your home sparkle!

 

Article by Any Presentations

 

Silver Alliance Realty is here to help you with all your real estate needs.

We make buying and selling your home SIMPLE!

Contact Silver Alliance Realty today.

 

Mary Platt

Designated Broker

(602) 618-6764

Mary@PlattTeamAZ.com

April 16, 2019

Refresh Your Home for Spring

Spring is here! Now’s the perfect time to get moving on some projects that will prepare your home for the new season. Here are four of the easiest things you can do to get your house in order and freshen it up so you can enjoy the warm sunshine:

Clean, Clean, Clean

Spring is a fresh beginning, which makes it the ideal time to do some deep cleaning. Remember to work from top to bottom in any room—it’s most efficient and ensures you’ll get everything done. Begin by knocking down any cobwebs that have grown over the winter. Next, wash down walls, ceilings, trim work, and doors with a nontoxic cleaner that has a fresh scent. Don’t forget to clean ceiling-fan blades, light fixtures, and air-conditioning and heat vents in each room. Now turn your attention to the floors. Move the furniture; vacuum, sweep, mop, or steam clean the flooring; and wipe off the baseboards.

 

Declutter and Organize

Take a look around your home and consider your organization. Are your possessions getting out of control, taking up more space than they should? Do you spend too much time searching for items in your mess? If so, it’s time to remove unnecessary clutter and organize your belongings so that they’re neatly put away and easy to find. Evaluate every item for its usefulness, whether you should keep it, and where. Unwanted items should be tossed out, donated, or sold as quickly as possible to avoid them being reabsorbed into the house.

 

Repair and Refresh

Start with the projects that you are confident you can accomplish on your own and take care of them one at a time. Inspect every room, making a list of things that need to be done and determining which ones are most important. To-dos such as replacing a leaky faucet or repairing a broken door should be higher on the list than, say, repainting the walls because leaving items in disrepair can cause more significant problems later. For repairs that you can’t do yourself, or don’t have time to do, call a professional.

 

Get Your Systems Serviced

Homeowners often forget about their home’s heating and cooling systems until there’s a problem and they have to call a professional. You can easily avoid this issue by changing your furnace filters and having the unit serviced before the end of the season. You should also think about the upcoming months when your air conditioner will be working overtime. By having your a/c unit serviced now, you can rest assured that when the mercury rises you’ll be cool and comfortable. Plus, by being proactive you’ll keep the cost of maintenance and repair low, allowing you to afford other fun things in life.

 

Article by Any Presentations

 

Silver Alliance Realty is here to help you with all your real estate needs.

We make buying and selling your home SIMPLE!

Contact Silver Alliance Realty today.

 

Mary Platt

Designated Broker

(602) 618-6764

Mary@PlattTeamAZ.com

April 9, 2019

No Green Thumb? Try These Houseplants

If you start your greenery collection with these easy-to-care-for houseplants, you’re destined to become a success. Before you know it, you’ll be posting pictures of your favorites on Instagram.

Snake Plant:

With its sturdy, thick leaves pointing skyward, the snake plant is one of the easiest to maintain. It thrives on neglect and does well in low-light situations. It is at the top of NASA’s list of plants that cleanse the air.

 

 

Pothos:

The pothos is another excellent air purifier. This plant grows long, trailing stems that hang lazily over the edges of pots, down bookcases, and along walls. If you forget to water it, it will do just fine. It can live under low or higher lighting. It can even live under fluorescent light, making it perfect for the office. Pothos leaves come in a variety of colors from bright green to darker green to variegated.

 

ZZ Plant:

The ZZ plant is most suitable for the person who has a brown thumb because it thrives on neglect. Not only can it go for long periods without getting water, but it also can survive in extremely low-light situations. Forest-green, oval leaves grow along the length of this plant’s stems.

 

Article by Any Presentations

 

Silver Alliance Realty is here to help you with all your real estate needs.

We make buying and selling your home SIMPLE!

Contact Silver Alliance Realty today.

 

Mary Platt

Designated Broker

(602) 618-6764

Mary@PlattTeamAZ.com

Posted in Home Decor
April 4, 2019

Five Ways to Add Style and Character to Your Kitchen

A welcoming and comfortable kitchen is the heart of a happy home. If you’ve spent time and money on a remodel but still feel something’s missing, a few final touches that add extra character and style can make all the difference. Here are five simple and affordable ways to make your kitchen a room that you’ll love to spend more time in.

Glass Jars and Containers

Open shelves filled with glass jars provide a fantastic-looking storage solution. Fill clear jars with dried beans, grains, or pasta for a rustic effect. Smaller colored-glass jars filled with herbs and spices are an attractive addition that also makes it easier to add zest to your cooking.

 

Hanging Pot Rack

A hanging pot rack is a storage option that also adds style. Hang your best-looking pots and pans above your stove so they’re always within easy reach while also adding a sense of height and drama to the room. Hanging racks are available in a range of styles and finishes, including wrought iron for a rustic look and stainless steel or chrome for a more modern, minimalist kitchen.

 

Under-Cabinet Lighting

Under-cabinet lighting combines style and function. It eliminates glare from overhead lighting in small areas and adds atmosphere and interest. Choose strings of LED lights to provide a welcoming glow around the room, or carefully placed spot lamps to brighten murky work surfaces and gloomy corners.

 

Baker’s Rack

If you have a spare corner or length of a wall without installed cabinets, a baker’s rack is a decorative and practical addition. These impressive pieces of furniture offer a great combination of drawers, shelving, and hooks and can be a useful piece of extra work surface. Use them to display your favorite dishes and pans or your most attractive gadgets and gizmos that you don’t want to hide.

 

Wall Art and Pictures

Lastly, a kitchen might not be the place you immediately think of for hanging your favorite works of art; however, an extra touch of decoration can make a huge difference in the feel of this essential room. Food is perhaps the most obvious subject matter to use, but try painted scenes of nature to send your décor in a rustic direction, or photographs of cityscapes or pieces of abstract art for a more modern slant.

Article by Any Presentations

 

Silver Alliance Realty is here to help you with all your real estate needs.

We make buying and selling your home SIMPLE!

Contact Silver Alliance Realty today.

 

Mary Platt

Designated Broker

(602) 618-6764

Mary@PlattTeamAZ.com

Posted in DIY, Home Decor, Home Owners