Blog | CAARAZ | Payson, AZ

Oct 11, 20212 min read

Builders Seek Alternative Materials for Faster Construction

Builders are up against short supplies of a variety of materials needed to build homes, such as wood paneling, ceiling joists, and pipes....

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Oct 4, 20211 min read

Average Mortgage Amount Rises to $410,000

The dollar value of mortgages home buyers are taking out is soaring as they try to afford higher home prices. The average amount for a...

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Sep 27, 20211 min read

Top 5 Reasons Buyers Call Off Their Home Search

Some house hunters have decided to put their search on hold—at least for now. The pandemic and the competitive, intimidating market are...

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Sep 20, 20212 min read

6 Emerging Home Trends to Watch

With more time spent on activities in the home, flexible design is becoming increasingly important to homeowners. Also, homeowners are...

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Sep 13, 20212 min read

Stronger Housing Conditions in Outlying Counties

One major impact of the coronavirus pandemic is on where people are deciding to live, work, and play. Housing affordability, the desire...

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Aug 30, 20212 min read

Pending Home Sales Wane 1.8% in July

WASHINGTON (August 30, 2021) – Pending home sales dipped modestly in July, noting two consecutive months of declines, according to the...

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Aug 23, 20214 min read

Existing-Home Sales Climb 2.0% in July

WASHINGTON (August 23, 2021) – Existing-home sales rose in July, marking two consecutive months of increases, according to the National...

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Aug 16, 20211 min read

Best Practices For Buyer Love Letters

Buyers competing in a hot real estate market might try to stand out from the crowd by sending a "love letter" to the seller. Real estate...

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Aug 12, 20211 min read

August - Monthly Market Data Report

Summer is coming to a close but the Central Arizona real estate market remains strong. View the full CAAR Monthly Market Data Report by...

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Aug 9, 20211 min read

Bidding War Winners Are Getting Cold Feet

Some home buyers are reportedly backing out of purchase contracts due to second-guessing the contract price. That is prompting some...

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Aug 5, 20211 min read

What are the kitchen features buyers love most?

Side-by-side double sinks and walk-in pantries are the most desirable and among the most essential features in a kitchen, according to...

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Jul 26, 20213 min read

Properly Preparing Your Clients For Appraisal

Take the listing? Check! Sell the home? Check! Inspection completed? Check! Appraisal okay? Things could have gone better! What happened?...

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Jul 26, 20214 min read

Housing Affordability Falls in May as Home Prices Rise Faster than Income

At the national level, housing affordability declined in May compared to a year ago according to NAR's Housing Affordability Index, as...

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Jul 20, 20212 min read

Summer of the Speed Buyer

Remember when it could take years to sell a home? MLSs were flooded with distressed properties. In Miami, it was up to six years,...

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Jul 12, 20213 min read

5 Tips to Help Clients Prepare for Estate Sales

The pandemic ignited a surge in home buying that we haven’t seen since 2006. A rise in remote work opportunities, a desire to relocate to...

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Jul 7, 20212 min read

High Court Says CDC Lacks Authority

In a 5-4 ruling Tuesday evening, the U.S. Supreme Court said the Centers for Disease Control and Prevention (CDC) lacked authority to...

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Jun 25, 20212 min read

Buyers Waive Contingencies, Bring More Money to Close

To win a bidding war, more buyers are waiving appraisal and inspection contingencies, according to the latest REALTORS® Confidence Index...

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Jun 25, 20212 min read

Time to Act: ‘The State of America’s Housing Stock Is Dire’

A “once in a generation” response is needed to address the decades of underinvestment and underbuilding in the housing market, according...

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Jun 14, 20211 min read

Start Smart - Showing Homes

As a new realtor, showing a home is one of the first skills that can make a monumnetal impact in your career. You are trying to present...

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Jun 9, 20211 min read

How To Succeed as a Arizona Realtor®

When deciding on becoming a real estate agent one of the most often asked questions we see is: how long will it take to become successful...

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