Everyone wants to know when the housing market is going to crash. Prices have risen sharply in the past two years as buyer demand has increased all across Arizona. The pandemic did affect potential home sellers’ willingness to list homes during much of 2020 and into 2021, as well as increase our buyer demand. The good news is that new listings coming on the market have been rising since February. However, we only have 721 active listings on the market in the Prescott area; in September 2019, we … [Read more...] about Quad Cities Real Estate Market Remains Robust
Prescott real estate
Unique Opportunity to Own a Crown Jewel of Prescott History
In a town as rich with history as Prescott, there are few buildings as iconic as the Bashford-Burmister building where Bashford Courts resides. An atrium mall, Bashford Courts is known for unique specialty shops that are sure to entice locals and visitors alike. Beyond the variety of items, visitors have the opportunity to enjoy the unique architecture and history of the Bashford-Burmister Company, which became Bashford Courts in 1994. L. Bashford established the company in 1864, the same … [Read more...] about Unique Opportunity to Own a Crown Jewel of Prescott History
Understanding Mortgage Disclosure
There is one part of a real estate transaction that is no one’s favorite, whether you’re the buyer, seller or agent. All that paperwork. But it’s important that everyone is literally on the same page when it comes to signing on the line since this is often the single biggest financial transaction of your life. Realty Executives Northern Arizona is here to take the stress out of it. That’s why we’re happy that the Consumer Financial Protection Bureau has just developed new mortgage disclosure … [Read more...] about Understanding Mortgage Disclosure
Crowdfunding for Real Estate
What is an accredited investor? According to the Securities and Exchange Commission (SEC), the exact definition of an accredited investor is rather long, and includes banks, businesses, institutions, organizations and, of course, a “natural person.” A “natural person” is a real human being, as opposed to a corporation or organization. First, if you are “any natural person whose individual net worth, or joint net worth with that person's spouse, exceeds $1,000,000,” you qualify as an … [Read more...] about Crowdfunding for Real Estate