Hey girl heyyyy, I think I don’t have enough for a downpayment so I’m still RENTING: 

No shade from me, but here are the facts. Each day there are 224 people moving to Arizona and 184 jobs created. In the Phoenix Metro, rent prices were up 5.8% through July 2019.. Say what!? That is the highest increase in any US city! I know buying something feels super scary…trust me, I’ve been there. However, you’re selling yourself short on how much harder your money can be working in your favor when you don’t invest in real estate. There’s a reason why almost every millionaire has achieved that wealth in part to owning real estate. I have several success stories with clients who thought they couldn’t qualify for a home and do today. I also have several clients on plans to get their credit and finances in a position to be able to buy within 12 months. Ask me how!!! 

Yo Linds, I think I’m ready to start adulting and BUY a house:

The good news…interest rates are at historical lows giving you more buying power than ever. The bad news…it’s still a strong sellers market thanks to the shortage of inventory which is down to 1.5 months supply. If you’re under the $300k price point expect to offer on a couple houses before securing yours. If you’re over $300k be prepared to look at a lot of less than perfect inventory that may require some TLC or flips that may not have quality craftsmanship. Regardless of price point, expect the buying process to take at least 90 days to identify, secure, and close on a property. I would recommend starting the initial discussions with your Realtor (aka ME) no later than 6 months prior to your intended purchase. Hit me up!

Hey Lindsay, is this a good time to SELL my house:

Where are the sellers? No seriously…I need to find you! Unless you’ve been living under a rock, you’ve heard we have a shortage of houses for sale in Arizona. If you own a home that you estimate is under $300k then it’s time to sell and move on up! If your home is worth over $300k it’s time to leverage your equity to convert your home into a rental and treat yo’self to a new house! Or, pull some equity out to buy an investment property. If you need help determining your home value holler at your girl! Regardless of what your house is worth, you’d be surprised how easy it is to sell a house in this market with so many pre-qualified buyers. Additionally, inventory starts to improve in the higher price points so it’s not as difficult to find a replacement home. Layer low interest rates to the equation and it’s likely not a giant stretch to get to a better location, add space you’ve been needing or establish an income property. Let’s discuss!

Lindsay Fricks, helping you, your family and friends Live & Love in Arizona!