• To Tub or Not to Tub? The Great Bathroom Debate,Christie Ellis

    To Tub or Not to Tub? The Great Bathroom Debate

     To Tub or Not to Tub? The Great Bathroom Debate I have posed this question on social media in the past and it was truly a heated debate.  People are passionate about their tubs - or lack there of!  It’s a question as old as indoor plumbing itself: should you have a tub in your primary bathroom? This bubbly debate has soaked many a homeowner in dilemma. As we dive into the frothy waters of bathroom renovations, let’s splash around some ideas about why this might be a good—or a dripping wet—idea. **The Case for the Tub:** There’s nothing quite like a long soak in a tub after a taxing day. Tubs are not just bathroom fixtures; they are mini retreats. Imagine easing into warm, sudsy water, perhaps with a glass of wine or a good book (just don’t drop it!). For families with young kids, a tub is almost non-negotiable—good luck convincing a toddler that a quick shower is as fun as a bubble bath with their armada of rubber ducks. **The Splash-Free Argument:** On the flip side, many modern homeowners argue that tubs are real estate dinosaurs. They take up precious square footage, aren't environmentally friendly (think of all that water!), and let’s be honest—how often are you actually taking these mythical leisurely baths? Showers are quick, efficient, and can be just as luxurious with the right showerhead and a bit of mood lighting. **Marketability:** Here’s where it gets slippery. Homes with at least one bathtub tend to have a better resale value. Removing all tubs could make your home a tougher sell. However, if your primary bathroom is your only bathroom, keeping the tub might be a wise choice. **The Compromise:** If space and budget allow, why not both? A shower-tub combo offers the best of both worlds in a secondary bathroom and you can save the party shower for the primary bathroom. You can maintain the functionality of a shower while keeping the option for an occasional soak, ensuring that your bathroom remains a selling point without compromising on daily convenience. **In Conclusion:** Whether you choose to install or remove a tub, make sure it reflects your lifestyle, if resale will be important to you and what your home needs. After all, whether it’s tubs or showers, we’re all just looking for a little peace and cleanliness at the end of the day. Or, you could go rogue and opt for a hot tub in the backyard—now that’s a splashy idea!

    MORE

  • Maricopa and Pinal County Real Estate Market Recap January 2024,Christie Ellis

    Maricopa and Pinal County Real Estate Market Recap January 2024

    Maricopa and Pinal County Real Estate Market Recap January 2024   From the Cromford Report (with my rewrite :-)   For Buyers: Hey, home shoppers! That balanced market we were all loving? It zipped by in just 7 weeks! Last month, the Federal Reserve played fairy godparent to the housing industry – no hike in the Federal Funds Rate and a teaser of rate drops in 2024. The mortgage world responded like it just heard its favorite song, with rates dancing down from 7.1% to 6.62% in two days. Now, rates have tumbled 1.4% since their 8% peak in October 2023. What's that mean for you? Think nearly $380 saved monthly on a $400,000 loan. 🤑💃 December was kind of like a holiday sale – 49% of sales included a sweet deal where sellers chipped in around $10,000 at closing. The new construction scenes in Coolidge and Laveen led this trend, with a whopping majority offering concessions to buyers. So, what's up for 2024 in Greater Phoenix? Think less rollercoaster, more merry-go-round. We're not expecting price dips, but comfier mortgage payments are on the horizon. The market's not likely to hit the dizzying highs and lows of the past few years, so the first quarter might feel a bit 'meh' on price excitement. But hold on – more traditional homebuyers are jumping back in. And keep an eye on the Federal Reserve's next move; it might just spice things up! For Sellers: Sellers, we've waved goodbye to the balanced market, but we're not exactly in power mode yet. The recipe for success? A good-looking home plus a smart price tag. Keep an open mind about making deals, and you're golden. Early January brought in more listings than last year, but we’re still playing catch-up – inventory's 37% shy of the usual. The market's got a mix of everything: from sellers' playgrounds in Tolleson and buddies to more balanced vibes in Tempe and co., all the way to buyers' havens like Cave Creek. January's sale prices are going to reflect the December dance of deals, but with lower mortgage rates and those friendly concessions, we could see a steady first quarter. And if rates keep nosediving? Get ready for a potentially lively second quarter! Pro Tip: Chat with a pro lender to see how this all plays out for you.

    MORE

  • I Don't Need a Realtor in the Age of the Internet,Pam Peterson

    I Don't Need a Realtor in the Age of the Internet

    In today's digital age, the internet has become a powerful tool that allows us to access information and resources with just a few clicks. From ordering groceries to booking flights, it seems like we can do almost anything online. So, it's no surprise that some people may question the need for a REALTOR when buying or selling a property. However, the truth is, despite the vast amount of information available on the internet, a realtor is still an invaluable asset in the world of real estate. Let's start by addressing the concerns of potential buyers who think they can navigate the real estate market solo. Yes, online platforms provide a plethora of listings, allowing buyers to explore a wide range of properties. However, a REALTOR brings extensive knowledge and experience to the table. They can help you narrow down your search based on your specific needs and preferences, saving you time and effort. REALTORS are skilled negotiators and know the ins and outs of the market, helping you secure the best possible deal, and keeping you safe from scams. They can provide valuable insights about neighborhoods, schools, and local amenities that may not be readily available online. On the other side of the spectrum, sellers may also question the necessity of a REALTOR when they can simply list their property online. While it's true that online listing platforms can help you reach a vast audience, a REALTOR offers much more than just exposure. They have a deep understanding of the local market and can help you price your property competitively. REALTORS also bring their marketing expertise to the table, ensuring your listing stands out among the sea of online options. From professional photography to virtual tours, they know how to highlight your property's best features. And most importantly, REALTORS can handle all the paperwork and legalities involved in a real estate transaction, giving you peace of mind. In a constantly evolving market, having access to up-to-date information is crucial. This is where market updates come into play. While websites and apps can provide general market trends, a REALTOR has real-time data and firsthand knowledge of the local market. They can provide insights into the current market conditions, including supply and demand, pricing trends, and even upcoming developments that may affect property values. This information is invaluable when making informed decisions about buying or selling a property. In conclusion, while the internet has undeniably revolutionized the way we search for and list properties, it does not replace the expertise and guidance of a REALTOR. From navigating the complexities of the market to providing personalized advice, a REALTOR brings a wealth of knowledge and experience to the table. Whether you're a buyer or a seller, partnering with a REALTOR ensures a smoother and more successful real estate journey. So, next time you find yourself contemplating if you need a REALTOR in the age of the internet, remember the invaluable benefits they bring to the table.

    MORE