March 27, 2009

Time to Sharpen the Saw

cLast night my wife and I had the wonderful opportunity to walk the streets and suburbs of Scottsdale. The weather here was quite different that the snow we left in Northern Utah. It was fun to finally be able to smell the flowers and enjoy a short sleeve shirt experience and PF Changs is always a great place to eat. We left the snow to enjoy Arizona’s blooming flowers and wonderful resort hotels.

One of the great things I like about LRE Meetings is that it gives me time to receive the best and latest updates concerning the economy, housing, new technology, and what our clients across the country want from us. One knows that to sharpen the saw will make the work move faster and more efficiently. That is why we are here.

We also get a chance to look at markets outside of our own. Home values here in Arizona have taken a steep drop in the past two years. The market has gone through the pain of correcting itself and shows signs of new life. The country saw an increase in home sales this last month which we all need to recognize and celebrate. However, there are more foreclosures and ARMs that are resetting to replace the inventory that has been sold.

Interest rates are still the best news for buyers and sellers as they help more people qualify for a loan and help sellers move their homes in this difficult market. Now is a great time for buyers to make that purchase because interest rates have a greater probability of going up than going down much more. This market is a great place to move up into a bigger home or to add a second home. Scottsdale is certainly a great place to have a second home if you live in colder climates.

If you are interested in buying a home in Scottsdale, or any other part of the country, please contact me directly (steve@welchagency.com). We will refer you to our Affiliated Companies in that area. If you need something in Northern Utah, we will help you find that perfect home or to sell your current home and move to that next experience. Client service is the center of our training and we want you to have a great experience.

Posted By: Steve Randall