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Elite Results Realty Blog

Monday, October 26, 2020   /   by Vyral Marketing

Is It Better to Rent or Buy in Today’s Market?

Here’s a closer look at whether it’s a better time to rent or buy.


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Today we’re going to take a closer look at whether it makes more sense to rent or buy a home in today’s market. At 0:43 in the video above, you can see that back in the early 2000s, rental rates decreased as home prices rose. Under those conditions, renting was a more attractive option because it was cheaper in comparison to what it costs to buy.
"Rent is only going to go up over time."
If you take a look at what’s happening currently, the price per square foot is skyrocketing, making rental rates spike. The expectation is that the price you’d pay for rent today is less than what you’d pay a year or two down the line because that’s the trend. With a home purchase, you are able to lock in a 15- or 30-year rate so your payment stays the same for the duration of the loan ...

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  buying a home

Tuesday, October 13, 2020   /   by Vyral Marketing

What Would It Take for Prices to Drop?

Here’s a look at the market index that may show the future of our real estate market.


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It’s no secret we’re entrenched in a seller’s market, but lately many people have been asking, “What would it take for housing prices to drop?” To answer this question, let's take a look at some of the factors that will play a huge part in determining the future of our Phoenix area real estate market.
At 0:46 in the video above, you’ll see a chart that’s probably the best indicator of what we can expect for future pricing—the “Cromford Market Index as a Predictor of Future Annual Price Appreciation” model. On this chart, the black line represents the leading indicator (the Cromford Market Index itself), while the blue lines represent the actual appreciation rate (i.e., the percentage by which housing prices changed from year to year or m ...

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  real estate market, seller's market, market updates

Monday, October 5, 2020   /   by Vyral Marketing

How Should I Redo My Bathroom?

These five updates will add value to your bathroom when it’s time to sell.


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What are some great improvements to make to your bathroom? The first step is to look at the major issues that buyers will notice immediately. Then you can move on to other projects that add value.
1. Replace carpeted flooring. Carpet stands out—people don’t want carpet to get wet and end up moldy. Builders put carpet in because it’s cheap, but you should install another type of flooring such as tile.

2. Expand shower space. Large showers are very popular, and bathtubs are not as desirable right now. Though some people feel a tub is a must-have, generally you get more value from having a larger shower rather than a shower/tub combo.

3. Change the wall surroundings in the shower. Marble is fairly standard, but putting in tile or another upgraded material is preferred.

4. Shower extr ...

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  selling a home, owning a home

Friday, September 18, 2020   /   by Vyral Marketing

How Can Real Estate Agents Affect Your Home's Value?

Here’s how a real estate agent can affect how much your home sells for.


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Want to Sell Your Home? Receive a Home Value Report

How can a real estate agent actually affect the value of your home?
Well, how an agent presents and markets your home affects how a potential buyer perceives its value. If you were to advertise your for-sale home as For Sale By Owner, buyers would think that they’d get a discount on your home; selling on your own means you typically won’t get top dollar compared to what you could get with a strong agent.
"Buyers are going to choose the listing that gives them a better feel and experience."
Here’s an example to help explain what I mean. Suppose I had two $20 bills—one was crisp and smooth, and the other one was crumpled and dirty looking. Which one would you choose? They’re worth the same amount and you can use them for the same things. But one of them fits in your wallet be ...

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  selling a home

Thursday, September 3, 2020   /   by Vyral Marketing

Why Is Now Such a Great Time to Buy a Home?

Despite rising prices, now is a great time to buy a home; here’s why.


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Want to Sell Your Home? Receive a Home Value Report

Many buyers in today’s market are wondering how they can afford homes when prices are going up so much. One thing to consider is that there is a difference between the price of the home and the actual cost of the purchase.

As you’ll see in the chart at 0:27 in the video above, the cost of owning a home has been going down or staying stagnant because interest rates have been very low. People in today’s market wish they could go back in time to purchase a home at a lower price than what it currently is, but our low interest rates actually provide the opportunity to buy a home for the same cost it would have been just a couple of years ago.

Simply put, our low interest rates have made buying homes more affordable. But why are rates this low?

The government has been printing money, and they ...

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  buying a home

Elite Results Realty
Rob Hale
1744 S. Val Vista Dr Ste 206
Mesa, AZ 85204
480-845-0048

© 2020 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. Real estate listings held by brokerage firms other than Elite Results Realty are marked with the Arizona Regional Multiple Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. October 29, 2020
© 2020 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. Real estate listings held by brokerage firms other than Rob Hale - Elite Results Realty are marked with the Arizona Regional Multiple Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. October 29, 2020
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