The Census Bureau released state apportionment data on Monday, April 26. The 2020 Census count for Arizona was 7,151,502, an 11.9 percent increase over the 2010. This ranked Arizona among the 10 fastest-growing states for which Utah posted the largest increase in population at 18.4 percent. Even so, the Arizona population growth was the least […]
Home Price Appreciation Is as Simple as Supply and Demand
Home price appreciation continues to accelerate. Today, prices are driven by the simple concept of supply and demand. Pricing of any item is determined by how many items are available compared to how many people want to buy that item. As a result, the strong year-over-year home price appreciation is simple to explain. The demand for […]
Hot Home Trend: A Color ‘Bomb’ of Yellow
The cheerful color of yellow is lighting up home design ever since paint firm Pantone chose “Illuminating”—a bright, bold yellow—as one of its 2021 Colors of the Year. Yellow commands attention and is often used as an accent color in throw pillows or rugs. It also could make for a great color pop in outdoor […]
Homes Across the Country Are Selling Fast [INFOGRAPHIC]
Some Highlights In today’s whirlwind real estate market, houses are selling at astonishing speed – from sea to shining sea. Four years ago, the average house spent 39 days on the market. Two years ago, homes were on the market for about 24 days. Today, that number has dropped to just 17 short days. If you’re […]
How Misunderstandings About Affordability Could Cost You
There’s a lot of discussion about affordability as home prices continue to appreciate rapidly. Even though the most recent index on affordability from the National Association of Realtors (NAR) shows homes are more affordable today than the historical average, some still have concerns about whether or not it’s truly affordable to buy a home right now. When addressing […]
Should I Move or Refinance?
The level of equity homeowners have is at an all-time high. According to the U.S. Census, over 38% of owner-occupied homes are owned free and clear, meaning they don’t have a mortgage. Those with a mortgage are seeing their equity skyrocket too. Every time real estate values increase, homeowners get a dollar-for-dollar gain in their home equity. According […]
Before & After: Mid-Century Eclectic Living Room & Dining
Envisioning your dream home is the start of something extraordinary. What comes next is renovation and design, which can both be trickier than expected. For this reason, homeowners of a newly renovated house turned to Decorilla for help with their mid-century eclectic living room and dining room. Good thing they did – see the captivating […]
Americans Choose Real Estate as the Best Investment [INFOGRAPHIC]
Some Highlights For the eighth year in a row, real estate maintained its position as the preferred long-term investment among Americans. Real estate has been gaining ground against stocks, gold, and savings accounts over the last 11 years and now stands at its highest rating in survey history. Contact a local professional if you’re ready to make real estate your best […]
Here’s where Phoenix ranks among best places to invest in real estate
As we move deeper into 2021, the U.S. commercial real estate (CRE) market is poised to move beyond its trough of 2020 and enter a new cycle of growth. Thanks to a reported 3.8% increase in GDP and the mass distribution of COVID-19 vaccines, recovery comes with the anticipation of increased transaction velocity—nearly 40% increase […]
9 Inspiring Ways With Wallpaper
Wallpaper is hot. Homeowners are asking about it, designers are ordering it and manufacturers are producing it in ever-growing options of pattern and color. It doesn’t matter if your home is traditional, modern or somewhere in between, wallpaper can add instant style and drama to any interior. Read on to discover my tips on where […]
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