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Author Archives: Dita

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Total Sales and Average Sales Prices up from 2016!

Real Estate, Real Estate Tips, scottsdale, UncategorizedBy DitaSeptember 8, 2017Leave a comment

Do You Know How Much Equity You Have in Your Home?

Real Estate, Real Estate TipsBy DitaJune 21, 2017Leave a comment

CoreLogic’s latest Equity Report revealed that 91,000 properties regained equity in the first quarter of 2017. This is great news for the country, as 48.2 million of all mortgaged properties are now in a positive equity situation. Price Appreciation = Good News for Homeowners Frank Nothaft, CoreLogic’s Chief Economist, explains: “One million borrowers achieved positive…

It is STILL a Seller’s Market! Click here to read the full report and Call The Panozzo Team!

Real Estate, Real Estate TipsBy DitaJune 9, 2017Leave a comment

Why Working with a Local Real Estate Professional Makes All the Difference

Real Estate, Real Estate TipsBy DitaJune 1, 2017Leave a comment

If you’ve entered the real estate market, as a buyer or a seller, you’ve inevitably heard the real estate mantra, “location, location, location” in reference to how identical homes can increase or decrease in value due to where they’re located. Well, a new survey shows that when it comes to choosing a real estate agent,…

More Americans Chose to Own a Home Than Rent in Q1

Real Estate, Real Estate TipsBy DitaMay 25, 2017Leave a comment

According to the latest report from the US Census Bureau, more Americans chose purchasing a home over signing a lease to rent in the first quarter of 2017. This marks the first time since 2006 that the number of new homeowner households outpaced the number of new renter households. Of the 1.22 million new households…

#1 Answer to the Housing Shortage: New Construction

Real Estate, Real Estate TipsBy DitaMay 18, 2017Leave a comment

The biggest challenge to today’s housing market is the shortage of housing inventory for sale. A normal market would see a six-month supply of homes for sale. Currently, that number is below four months. This is the major reason home prices have continued to appreciate at higher levels than historic averages. The good news is…

3 Reasons the Housing Market is NOT in a Bubble

Real Estate, Real Estate TipsBy DitaMay 11, 2017Leave a comment

With housing prices appreciating at levels that far exceed historical norms, some are fearful that the market is heading for another bubble. To alleviate that fear, we just need to look back at the reasons that caused the bubble ten years ago. Last decade, demand for housing was artificially propped up because mortgage lending standards…

Housing Market Expected to “Spring Forward”

Real Estate, Real Estate TipsBy DitaMarch 18, 2017Leave a comment

Just like our clocks this weekend in the majority of the country, the housing market will soon “spring forward!” Similar to tension in a spring, the lack of inventory available for sale in the market right now is what is holding back the market. Many potential sellers believe that waiting until Spring is in their…

Thinking of Selling? Do it TODAY!!

Real Estate, Real Estate TipsBy DitaMarch 9, 2017Leave a comment

That headline might be a little aggressive. However, as the data on the 2017 housing market begins to roll in, we can definitely say one thing: If you are considering selling, IT IS TIME TO LIST YOUR HOME! The February numbers are not in yet, but the January numbers were sensational. Lawrence Yun, Chief Economist…

Where Are the Home Prices Heading in the Next 5 Years?

Real Estate, Real Estate TipsBy DitaMarch 3, 2017Leave a comment

Today, many real estate conversations center on housing prices and where they may be headed. That is why we like the Home Price Expectation Survey. Every quarter, Pulsenomics surveys a nationwide panel of over one hundred economists, real estate experts, and investment & market strategists about where they believe prices are headed over the next…

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