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June 2018 RE/MAX National Housing Report

by Lisa Bray

June 2018 RE/MAX National Housing Report

We’re already halfway through 2018 and the housing prices are at record highs, while inventory is at record lows and home sales are trailing 2017’s pace, according to the RE/MAX National Housing Report. June sales were 5.5 percent lower than June 2017 in the fifty-four metro areas surveyed, marking the seventh consecutive month of year-over-year declines.

Headed in the opposite direction, the June Median Sales Price of $258,500 was an all-time high in the nine-year history of the report. It was 5.1 percent higher than the $245,000 recorded last June, bringing the consecutive months of year-over-year price increases to 27. In each of the previous five years – going back to June 2013’s $193,750 – June has posted the highest Median Sales Price of the year.

“Year-over-year prices have been climbing for more than two years now, which is great news for homeowners and sellers,” said RE/MAX CEO Adam Contos. “In the hottest markets, demand is especially high because there simply aren’t that many homes for sale. The slower sales figures we’re seeing are tied to inventory more than anything else.”

Forty-two of the fifty-four metro areas reported a year-over-year drop in inventory. That years-long trend is reflected in Months Supply of Inventory dropping to 2.7 – down 8.8 percent year-over-year and the smallest figure ever recorded for June. Fewer houses for sale generally results in a faster process: Homes sold in June averaged just forty-two Days on Market – five days less than June 2017 and three days under the previous nine-year low of forty-five days.

“Lack of inventory has become a theme for the year,” Contos said. “Having fewer homes to choose from poses a challenge for buyers, who need to be ready to act decisively and quickly. Working with a full-time, professional RE/MAX agent can prepare them for that.”

To access the housing report infographic, visit: https://rem.ax/2phKHWT or click here to download your copy of the June 2018 RE/MAX National Housing Report. If you would like to sell your Arizona home or find the perfect home for sale in Goodyear, Litchfield Park, Surprise, Avondale or the surrounding Phoenix areas, please contact Lisa Bray. I will be happy to provide a free market analysis of your home, and I am committed to helping you reach your real estate goals on step at a time!

Lisa Bray

RE/MAX Professionals

www.lisabray.com

602-762-3691
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“More than Just a Home”

Design Hacks Your For-Sale Home Needs to Sell Quickly

by Lisa Bray

Design Hacks Your For-Sale Home Needs to Sell Quickly

It’s a sellers’ market which means if you’re ready to sell your Phoenix home, you may not be the only one on the block. If you want to stand out among the competition, these are the design hacks your for-sale home needs to sell quickly!

Welcoming Exterior: First impressions are lasting and your home’s exterior makes the first impression to potential buyers. Make a good first impression by making sure your lawns are clean of weeds, debris, and any visually unappealing clutter. Colorful desert blooms and outdoor lighting near the entry way also help emit a welcome home exterior that potential home buyers love.

Clutter Free Space: Home buyers want large, roomy spaces for their belongings. Removing clutter and allowing plenty of room to walk around furniture and easily maneuver around is a great way to help sell your home. Clean windows with open window coverings that let in natural sunlight help spaces seem lighter, brighter and open. Also, placing a few strategically placed decorative mirrors helps further make rooms seem more spacious.

Revamped Kitchen and Bath: Kitchens and bathrooms are often the first thing buyers gravitate to. Give your cabinetry a set of new hardware and repair any cracks or broken hinges. Make your flooring stand out by cleaning and resealing your tile or refinishing your wood floors. Cleaning or upgrading your countertops really helps make them stand out. Some home sellers even choose to upgrade the bathroom fixtures or kitchen appliances to give their kitchen and bath an extra kick.

If you want to attract more buyers and sell your Phoenix home contact Lisa Bray today! I have the proven track record and resources to help you achieve your real estate goals and get top dollar for your home!

Lisa Bray

RE/MAX Professionals

www.LisaBray.com

602-762-3691
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3 Wonderful Ways to Celebrate 4th of July in the West Valley

by Lisa Bray

3 Wonderful Ways to Celebrate 4th of July in the West Valley

Independence Day falls on a Wednesday this year, so there are many celebrations leading up to the holiday and on the holiday itself. Here are 3 wonderful ways to celebrate 4th of July in the West Valley this year!

  1. Red, White and BOOM!: Celebrate the 4th of July at The Wigwam at their Red, White and BOOM event on July 4th from 6-8pm at the Blue Course of the Wigwam Golf Course located at 300 East Wigwam Blvd. Litchfield Park. The event includes live DJ entertainment, a Kid Zone with bounce houses & water slides. Unlimited rides & activities wrist band are available for purchase for $10 or $8 with active Military ID. Complimentary admission to the firework show on the first fairway of the Blue Golf Course. A variety of food & drink options are available for purchase. Bring your chairs, blankets, & beach towels! Click here for more event details.
  2. Star Spangled 4th:  Celebrate Independence Day at the spring-training home of the Cleveland Indians and the Cincinnati Reds. This free event includes live music (Shari Rowe, Groove Merchants), games, a hotdog-eating contest, a pitching contest, ziplines and fireworks. 6-10 p.m. Free admission, free parking. Goodyear Ballpark, 1933 S. Ballpark Way. Call 623-882-3120 or visit  goodyearbp.com for more details.
  3. Westgate Firework Fest: Enjoy the 4th at Westgate on Wednesday, July 4, 2018 from 5 p.m. to 9:30 p.m. with two music stages, family entertainment, a cool water zone, food from more than twenty restaurants, a lively bar scene and a pyrotechnic spectacular! Westgate Firework Fest is free and open to the public and located at 6751 N Sunset Blvd in Glendale. Click here for more details.

For more fun things to do in the West Valley, or if you want to buy a home in Goodyear or the surrounding communities of Avondale, Buckeye, El Mirage, Estrella Mountain, Glendale, Litchfield Park, Surprise, Peoria or Phoenix please contact Lisa Bray today. Hope you all have a safe and Happy 4th of July!

Lisa Bray

RE/MAX Professionals

www.LisaBray.com

602-762-3691

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June National Housing Report

by Lisa Bray

June National Housing Report

Homes sold faster in May than at virtually any other time in the past decade, according to the latest RE/MAX National Housing Report. Low inventory and high demand in May cut Days on Market to 46, the second-lowest monthly number in the nearly 10-year history of the report. May home sales topped April sales by 14.5 percent, and were down by 2.8 percent from May 2017. The median sales price of $251,673 was up 7.8%. By comparison, homes averaged five more days on the market (51) in May 2017, 12 more days (58) in May 2016 and 18 more days (64) in 2015.0

“Even with low inventory and the Federal Reserve raising interest rates, homes are going from ‘for sale’ to sold 28 percent faster than three years ago,” said RE/MAX CEO Adam Contos.

With eleven metro areas increasing the median sales price year-over-year by double digits, May is still a seller’s market, and homebuyers should expect to compete with other buyers when they are ready to make an offer on a home.

“Be prepared — that’s my message to potential homebuyers in this summer selling season,” added Contos. “Make sure you are pre-approved with a lender, try to make a clean offer with no contingencies and, if possible, consider offering favorable concessions to the seller such as a flexible closing date. Pairing today’s real estate technology with the guidance of a professional RE/MAX agent, can help you find the right home.”

Want to know more about the current real estate market? Click here to download your copy of the May2018 RE/MAX National Housing Report or access the housing report infographic here. If you would like to sell your Arizona home or find the perfect home for sale in the West Valley, please contact Lisa Bray. I will be happy to provide a free market analysis of your home, and I am deeply committed to helping you reach your real estate goals on step at a time!

Lisa Bray

RE/MAX Professionals

www.LisaBray.com

602-762-3691

Join me on Facebook!

Search the MLS Now!

“Delivering More than Just a Home”

Top 5 Sun Smart Tips for the Summer

by Lisa Bray

Top 5 Sun Smart Tips for the Summer

We all know Arizona summers can be extremely hot and extended exposure to the sun can be damaging to our bodies. Anyone who has ever endured an Arizona sunburn in triple digit weather, understands how painful and dangerous this can be! More than 1 million skin cancers are diagnosed each year in the United States. The good news is that skin cancer can be prevented. Check out these top 5 sun smart tips for the summer to keep you and your family protected.

1.) Limit direct sun exposure during midday - UV rays are most intense during the 10am to 4pm hours. You should plan your outdoor activities before or after these hours.

2.) Avoid tanning beds and sunlamps - Tanning gives our UVA and frequently UVB rays which can cause serious long-term skin damage and both contribute to skin cancer.

3.) Ware shades and a hat - You should purchase sunglasses with at least a 99% UV absorption. And why not invest in a fun summer hat while you are at it!

4.) Use sunscreen with SPF of 15 or higher - The SPF number represents the level of protection against UVB rays, which are the type of rays responsible for the majority of skin cancers. A higher number means more protection. You should apply generous amounts of sunblock every 2 hours if you are out in the direct sun for a long period of time.

5.) Check your skin - Check your own skin for unusual changes, new growths or changes in skin color. If you notice any moles that have changed size, shape or color, contact your doctor right away. Skin cancer is most easily treated if found early.

Please share these top 5 sun smart tips for the summer to help have a safe and enjoyable season. And If you or someone you know is looking to buy a home this summer, please contact Lisa Bray today!

Lisa Bray

RE/MAX Professionals

www.LisaBray.com

602-762-3691

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3 Wonderful Ways to Give Back to Your Mom

by Lisa Bray

3 Wonderful Ways to Give Back to Your Mom

Tomorrow is Mother’s Day and for those of you who are looking for the perfect gift, why not go the unconventional route this year by helping repair and improve her home? Here are 3 wonderful ways you can give back to your mom and her home for Mother’s Day.

1.) Plant a Garden: Rather than give the typical bouquet of flowers, plant her a garden she can fall in love with. You can plant a nice assortment of flowers in decorative containers and pots for the entry way or line the driveway and walkways with rows of budding beauties.

2.) Add some art: Has mom been complaining about her drab walls for years? You can’t go wrong with art, especially if it’s family pictures. Pick up some nice frames or some fun vintage style ones from a thrift store and add your best captured family memories. Bonus points if you hang them for her.

3.) Update the comfort zones: Update a living room with lovely accent pillows or a nice new slipcover for the sofa, or go above and beyond and get her a whole new bedding set for her room. Dressing up the spaces she spends the most time in comfort is a wonderfully considerate gift. Imagine her surprise to come home and see a refreshed new space to enjoy?

Can’t decide what to do for your mom and her home? Listen to her concerns about her space. If there’s a nagging home improvement task that’s been bugging her for a while like a broken mailbox, rusty light fixtures, or snags in the rug making those types of repairs are a heartwarming gift to her that shows that you care and that you listen.

No matter what you decide to do for your mom this Mother’s Day, if it comes from the heart she’ll love it regardless. Happy Mother’s Day!

Lisa Bray

RE/MAX Professionals

www.LisaBray.com

602-762-3691

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Spring Housing Report Reflects Rising Prices and Fewer Sales

Spring has sprung and according to the April 2018 RE/MAX National Housing Report, home prices continued to climb year-over-year for the twenty-fourth consecutive month in March, while home sales continued to decline for a fourth consecutive month, making it a seller’s market in most regions of the country.

“Homebuyers shouldn’t be discouraged by the record-breaking numbers — even with higher prices and closed transactions, this March marks the second-highest in sales in the history of the RE/MAX National Housing Report,” said RE/MAX CEO Adam Contos. “It’s more important than ever to work with an experienced RE/MAX agent who is invested and involved in their community. They are dialed into the nuances of a neighborhood, making your home search or sale easier and quicker.”

When the Months Supply of Inventory falls below six months, it’s a seller’s market, and all 54 metro areas surveyed for the monthly housing reported under six months of inventory. Of the fifty-four metro areas surveyed in March 2018, the overall average number of home sales increased +36.6 percent compared to February 2018 and decreased -5.3 percent compared to March 2017. In March 2018, the median of all fifty-four metro Median Sales Prices was $236,000, up +3.2 percent from February 2018 and up +4.9 percent from March 2017. The average Days on Market for homes sold in March 2018 was sixty, down two days from the average in February 2018, and down four days from the March 2017 average. Days on Market is the number of days between when a home is first listed in an MLS and a sales contract is signed.

To access the housing report infographic, visit: https://rem.ax/2phKHWT or click here to download a copy of the RE/MAX April 2018 National Housing Report.  If you’re ready to buy a home in the West Valley or sell your Goodyear, Litchfield Park or Avondale home, please contact  Lisa Bray today!

Lisa Bray

RE/MAX Professionals

www.LisaBray.com

602-762-3691

Join me on Facebook!

Search the MLS Now!

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4 Fantastic Advantages of Energy Efficient Windows

by Lisa Bray

4 Fantastic Advantages of Energy Efficient Windows

With Earth Day just around the corner, it makes sense that many homeowners would consider adding more eco-friendly upgrades to their home this spring. One of the top energy efficient upgrades in most homes is the windows, because they lower HVAC costs and protect the home against leaks, drafts and condensation. When it comes to upgrading your home with energy efficient windows, you’ll find that there are a lot of design choices to fit your needs. Some selections include double pane, triple pane, leaded glass, low "e" glass, and tempered glass. So which one is right for your home? Here are 4 fantastic advantages of these different kinds of energy efficient windows.

1.) Double Pane Windows -Between the glass panes is a small space to provide insulation. The small space between window panes is filled with insulating gas to further increase insulation. Just as double-paned windows insulate against outdoor temperatures, they also provide noise insulation.

2.) Triple Pane Windows - Triple-pane windows work like a more effective double pane window and are typically around fifty percent better at insulating your home than single-pane glass, and up to twenty-five percent more efficient than double-pane windows.

3.) Low E Glass Windows - The Low-E coating featured on these windows reflects heat back to its source so it helps your home stay cooler in the summer and warmer in the winter. The coating won't scratch off because it is applied to the inside of the glass. It help protects against UV fading of any nearby furniture.

4.) Tempered Glass Windows -Tempered glass reduces the risk of injury due to its nature of breaking into small, circular pieces instead of sharp, jagged shards. Another benefit of tempered glass windows is ease of clean-up if they ever do break.

If you’d like more information about making energy efficient upgrades to your home or if you’re looking to sell or buy a home in the West Valley, please contact Lisa Bray today.

Lisa Bray

RE/MAX Professionals

www.LisaBray.com

602-762-3691

Join me on Facebook!

Search the MLS Now!

“Delivering More than Just a Home”

 

5 "Egg-straordinarily" Useful Hacks for Easter

by Lisa Bray
5 "Egg-straordinarily" Useful Hacks for Easter
 
Easter is this Sunday and we all know how time consuming planning for Easter can be when you’re a busy parent. Everything from coordinating Easter egg hunts, planning arts and crafts activities, and meals can be a bit overwhelming, especially when you work or your kids are on spring break. So, here are 5 egg-straordinarily” useful hacks for Easter to make your life a little easier!
 
1.) Easy Egg Shell Removal: Add baking soda to your water when boiling eggs to make the shells easy to remove. When the water with baking soda passes through the eggshell, it helps the albumen to separate from the shell.
 
2.) Clean Dyeing: Use a whisk to hold eggs while coloring them to save you getting your fingers dyed. Just move a couple of the wires apart to insert and remove the egg.
 
3.) Use Koolaid Dye: Don’t want to use messy egg dyes to color your eggs this year? Use koolaid! Pour one envelope of each Kool-Aid color and 2/3 cup water into separate glasses, stirring to dissolve the drink mix. Use a spoon or whisk to place a hard-boiled egg into each cup. Keep eggs submerged until the desired color is reached.
 
4.) Quick Craft: Want to decorate eggs but have no time to dye eggs? Stick clear adhesive dots onto eggs and dip in sprinkles or glitter for easy decorating.
 
5.) Reuse Eggs: Wondering what to do with all those plastic eggs after the Easter egg hunt is over and the goodies have been removed? Reuse plastic eggs as mini lunch containers filled with little healthy bites of goodies like raisins, carrot sticks and trail mix.
Which of these 5 egg-straordinarily” useful hacks for Easter will you try? No matter how you spend your spring holiday, have a safe and Happy Easter!
 
Lisa Bray
RE/MAX Professionals
602-762-3691
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3 Ways to Brighten Up Your Home with Natural Light

by Lisa Bray

3 Ways to Brighten Up Your Home with Natural Light

Did you know? About forty-seven percent of the energy used in a home is for space conditioning like lighting and temperature control. So utilizing more natural lighting in your home can help you cut down on energy costs. However, the benefits of having lots of natural light in your home go far beyond energy savings. Research has proven that being exposed to natural lighting actually helps people be more productive, happier, healthier, and calmer. Natural light has also proven to regulate some disorders including SAD (Seasonal Affective Disorder). Here are 3 ways to brighten up your home with natural light.

1.) Go with Glass: Using glass in your doors is a great way to get more natural light further into your home. French doors are a beautiful and decorative way to let the sunshine in.  You can use frosted or tinted glass for privacy or you can use frosted film that is translucent and allows filtered light in. This look is a great decorating hack for internal rooms as well as outdoor windows.

2.) Get Reflective: The more shiny surfaces you can add to your rooms, the more light you will reflect back into the room. Using objects like chandeliers or brass lighting, gold door knobs or silver photo frames, brass candlesticks, mirrors or acrylic clear furniture should become part of your decorating strategy. Large wall mirrors are also a perfect decorating touch to help add more natural light into your space.

3.) Watch Window Coverings: Thick window treatments and curtains often absorb precious natural light. Removing heavy or dark curtains will instantly add light into your dark rooms. Light colors and light weight fabrics all help to preserve your natural light. If you need curtains for privacy, use sheer, light fabrics.

Additionally, adding a skylight is another great option for brightening your home with natural light, but they can be rather costly and must be done carefully so as not to take away from your existing architecture. Want more tips for your home? Or are you seeking to buy a home in Goodyear to light up your life? Contact Lisa Bray today!

Lisa Bray

RE/MAX Professionals

www.LisaBray.com

602-762-3691

Join me on Facebook!

Search the MLS Now!

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Displaying blog entries 1-10 of 109

Contact Information

Photo of Lisa Bray Real Estate
Lisa Bray
RE/MAX Professionals
10320 W McDowell Rd, Suite B2005
Avondale AZ 85392
(602)762-3691
Fax: (888)277-2250