How Do Presidential Elections Impact The Real Estate Market
THE DATA ↓ You’ve probably heard a lot of opinions, or even manipulation of facts to support those opinions, about how the election may impact the real estate market. Let’s take a look back at a few recent presidential elections: In 2004, home values surged by 13.4%. This significant rise was largely attributed to the housing bubble rather than any political factors... The market crash in 2008:It was the absolute worst year in decades, with a 12% decrease in prices. At the same time, the global economy was collapsing as the US housing bubble popped. Fast forward to the 2020 election. 2020 saw a 10.43% increase in housing prices, and 2021 saw a record 18.87% increase. This had far more to do with record-low mortgage rates and the pandemic housing boom. If you’ve made it this far in the caption, here’s the summary. There’s nothing new under the sun and I’d take comfort in the fact that for every past presidential election, the housing market has done what it always does: fluctuates. Policies DO impact real estate and the economy. But the event of a presidential election has far less of an impact that the mainstream media (or your relative on Facebook) wants you to think. If you’re trying to evaluate the current market, you’re better off to look to current economic and external circumstances than to the event of the election. I’d be happy to discuss that more. DM me.
4 Reasons to Consider a Brand New Home
Building a new home opens up a world of exciting possibilities. You can tailor your home to fit your lifestyle and preferences, choosing from options like a move-in ready home or a to-be-built home. Each offers unique advantages. For instance, a move-in ready home is almost complete, featuring a pre-selected floorplan and design elements chosen by experts, ideal for those needing a quick move. Alternatively, a to-be-built home allows for customization, enabling you to select your preferred floorplan and homesite. You can also personalize features like garage space or a stylish home office, and work with design experts to select countertops, paint colors, flooring, and cabinets, transforming a new house into your dream home. Let's explore four reasons why a to-be-built home might be the perfect choice for your next move. Customizing Your Floorplan With a to-be-built home, you have the freedom to choose specific structural options, allowing you to customize your floorplan to suit your needs. Whether you need extra space for life changes or a layout perfect for entertaining, our thoughtfully crafted homes offer flexible spaces. Opt for a den instead of a bedroom to create a home office or design a home gym. Consider an extended island for additional seating and counter space, or add base cabinets in the dining room for more storage. These options create a home designed to enhance your daily life. Selecting the Perfect Homesite While a to-be-built home takes longer to complete, it offers the advantage of choosing from a wider range of homesites and locations within a neighborhood. This flexibility allows you to select the ideal floorplan and exterior style. Unlike a move-in ready home, which has a shorter timeline but limited homesite options, a to-be-built home offers more choices. Our team supports you throughout the process, ensuring a seamless experience. Moving into a new neighborhood with various amenities, like community gardens and walking trails, fosters connections with neighbors and enhances your quality of life. Utilize the community site map to explore available homesites and their proximity to neighborhood amenities, helping you find the perfect location for your new home. Designing a Home That Fits Your Lifestyle Purchasing a to-be-built home allows you to create a space that reflects your vision. Modern homes are designed with spacious layouts, stylish exteriors, flexible room options, and privacy. At your design appointment you can personalize your home, selecting fixtures and finishes that match your aesthetic. Upgrade kitchen cabinets and countertops, add unique hardware, and choose flooring that complements your style. This customization makes your new home truly yours. Staying Informed and Covered During the construction of your dream home, we'll keep you updated on the progress. We'll review your floorplan, structural options, design choices, and exterior styling with you, answering any questions and ensuring you're informed about each step. Once your home is framed, a Construction Manager will walk you through to review the interior structure, connecting you to the building process. This transparency keeps you involved in this exciting time. Additionally, a new home warranty provides peace of mind, covering initial repairs and ensuring your new home is in good hands. A to-be-built home offers personalized design options and a space that meets your lifestyle needs, supported by premium-lifestyle programs enhancing functionality, comfort, and convenience. Start your new home journey today and create a memorable and unique living experience, reach out to us today for assistance! As always, be sure to wait for us prior to viewing the model homes!
Is a Spec Home Right For Me?
Imagining your perfect new home can open up a world of possibilities. A popular and practical choice for many homebuyers today is the move-in ready home, sometimes also known as a spec or inventory home. These homes, which are either fully completed or nearly finished, offer a swift and convenient solution without sacrificing quality or style. Here’s why a move-in ready home might be your ideal next step. Understanding Move-In Ready Homes A move-in ready home is a newly constructed house that is either fully built or almost complete, allowing for immediate or near-immediate occupancy. Design professionals have meticulously chosen the floorplan, homesite, fixtures, and features to create a harmonious and stylish living space. This option is perfect for those who need to relocate quickly or prefer not to engage in the lengthy process of building a home from the ground up. Benefits of Choosing a Move-In Ready Home Quick Availability One of the primary advantages of a move-in ready home is the speed with which you can move in. Unlike homes that are still under construction and may take months to complete, move-in ready homes are either fully finished or in the final stages. This allows for a much faster move-in timeline, ideal for those with tight schedules. Expertly Designed Interiors Move-in ready homes benefit from the expertise of professional designers who have selected every detail, from countertops to flooring. Each element is chosen to create a cohesive and attractive aesthetic, removing the burden of decision-making and ensuring a beautifully finished home without the stress. Simplicity and Convenience Buying a move-in ready home simplifies the purchasing process. Since the home is already built, you won’t need to make decisions about floorplans, homesites, or design options. This makes the buying experience more straightforward and efficient, perfect for those seeking a hassle-free home purchase. Community Features Move-in ready homes are often located in new neighborhoods with a range of amenities. From community gardens to walking trails, these features enhance the quality of life and foster a sense of community among residents. When considering a move-in ready home, think about what amenities are important to you and explore the options available in your chosen area. If you are looking to start your journey purchasing a new build or spec home, reach out and our team would be glad to help!
Guide to First-Time Home Buying in Gilbert, AZ
Buying your first home is an exciting milestone. Here’s a guide to help first-time homebuyers in Gilbert, AZ. Why Gilbert, AZ is Great for First-Time Buyers Gilbert offers a variety of housing options, excellent schools, and a high quality of life, making it ideal for first-time buyers. Financial Preparation and Budgeting Save for a down payment, improve your credit score, and get pre-approved for a mortgage. Finding a First-Time Buyer-Friendly Real Estate Agent Work with a real estate agent experienced in helping first-time buyers navigate the market. Understanding Mortgage Options Explore different mortgage options and choose the one that best fits your financial situation. Tips for Navigating the Market Be prepared to act quickly, make competitive offers, and be flexible with your home requirements. Conclusion With the right preparation and guidance, buying your first home in Gilbert, AZ, can be a smooth and rewarding experience.
Categories
Recent Posts
