We are seeing a real estate buying frenzy right now due to low inventory. But a lot of sales are not making it to closing. Here Pam discusses why the highest bidder for a property may not be the best buyer.
Current Information on the National Market
Pam gives some interesting information on what is happening with real estate in the Prescott area. She explains why buyers are struggling to find homes right now and what buyers can expect to pay for housing in the Prescott area market. Interest rates: This is one bright spot for buyers! Interest rates are around 3%.
1815 N Hazelwood Lane, Prescott, AZ 86305 – $650,000
Tour this amazing home with Incredible PANORAMIC VIEWS, A FULL ACRE OF PRIVACY & BOULDERS make the drive up to this custom Sun Pine home totally worth it! Primary residence + an ATTACHED GROUND LEVEL GUEST QUARTERS w/garage. Walk up the entry to SINGLE LEVEL LIVING in the rocks! Enjoy the WRAP AROUND composite DECK and wood casement windows – all providing astounding 360 DEGREE views! Original hardwood and tile floors, gas fireplace. Kitchen has been updated w/granite counter-tops, new cabinetry with LOADS of DRAWERS, cook’s Thermador range, Jenn-Aire fridge. Owner’s suite features huge walk-in closet, walk-in shower, his/her sinks. Has an attached DEN and SUN ROOM. PRIVATE LOFT is a perfect office, play room, OR? GUEST SUITE has kitchenette, LR, 3/4 bath, bedroom and private balcony. NO HOA. HUGE GARAGE SPACE! Call today to see this home! 928-899-2472
Pam offers some words of wisdom when buying or selling a home. This week: Back Up Offers – Should you make one? A house you love just went under contract. You are so disappointed! Your agent suggests a back-up offer. Should you put one in?
Pam goes over some interesting real estate information and shares some thoughts about real estate during the current crisis.
Pam talks about wire fraud and how to make sure it doesn’t happen to you. She also gives a heads up on a popular rental scam.
Pam gives tips on how to Buy in a Seller’s market.