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Monday, March 27, 2023   /   by Juan Grimaldo

Get Ready: The Best Time To List Your House Is Almost Here

If you’re thinking about selling this spring, it’s time to get moving – the best week to list your house is fast approaching.
Experts at looked at seasonal trends from recent years (excluding 2020 as an uncharacteristic year due to the onset of the pandemic) and determined the ideal week to list a house this year:
“Home sellers on the fence waiting for that perfect moment to sell should start preparations, because the best time to list a home in 2023 is approaching quickly. The week of April 16-22 is expected to have the ideal balance of housing market conditions that favor home sellers, more so than any other week in the year.”
If you’ve been waiting for the best time to sell, this is your chance. But remember, before you put your house on the market, you’ve got to get it ready. And if you haven’t started that process yet, you’ll need to move quickly. Here’s what you should keep in mind.
Work with an Agent T ...

Monday, March 27, 2023   /   by Juan Grimaldo

Anomaly or catalyst? Analysts weigh in after 4 huge Valley apartment deals close in March

While Phoenix-metro apartment investment deals cooled off in 2022 due to rising interest rates, a flurry of hefty transactions in March has certainly attracted some attention to the sector.
Four apartment communities totaling 1,624 units sold for $417.78 million earlier this month, according to Tempe-based Vizzda LLC real estate database.

Kicking off the quartet of big transactions was the $90.26 million sale of Springs at Happy Valley. That was followed by the $115 million sale of Sweetwater at Metro North Apartments, the $110 million sale of Tempe Station and the $102.5 million sale of Aventura Apartments, according to Vizzda.
Steve Gebing, managing director of Institutional Property Advisors, a division of Marcus & Millichap (NYSE: MMI), negotiated the sale of Aventura, along with Cliff David, IPA executive managing director.
Gebing said these big transactions closing consecutively in March are just an anomaly, calling them "fall over transactions from 2022."
To ...

Friday, March 24, 2023   /   by Juan Grimaldo

Have You Thought About Why You Might Want To Sell Your House?

Some Highlights
If you’re on the fence about selling your house, it’s worth considering all the reasons why moving could make sense for you.
If you find your home no longer meets your needs, it may be time to sell.
You have a lot to consider when deciding if you should move. Let’s connect today to go over the benefits of selling your house. ...

Friday, March 24, 2023   /   by Juan Grimaldo

Banner Health sells Valley medical building for $29M

Phoenix-based Banner Health sold one of its health centers for $29 million, according to Tempe-based Vizzda LLC real estate database.
Plans call for leasing back the 73,327-square-foot medical office space in Peoria from the buyer, an entity tracing to Montecito Medical Real Estate, according to Vizzda research.

Banner assesses its real estate portfolio on an ongoing basis and is always looking for opportunities to deploy the most effective financing strategies, said Rebecca Armendariz, spokeswoman for Banner. "Banner sold this property and will lease it back from the new owner to continue providing clinical services at this location. We intend to reinvest a portion of the sale proceeds into building upgrades to enhance the patient experience."
Banner Health Center, which was built in 1989 on 5.65 acres at 13640 N. Plaza Del Rio Blvd. in Peoria, sold for $395.49 per square foot, according to Vizzda.
Also buying another Banner health center is an entity tracing to Virtu ...

Thursday, March 23, 2023   /   by Juan Grimaldo

Why Buying a Home Is a Sound Decision

If you’re thinking about buying a home, you want to know the decision will be a good one. And for many, that means thinking about what home prices are projected to do in the coming years and how that could impact your investment.
This year, we aren’t seeing home prices fall dramatically. As the year goes on, however, some markets may go up in value while others may lose value. That’s why it’s helpful to keep the long-term view in mind. Experts project a return to a steadier rate of price appreciation in the years that follow.
Home Price Appreciation in the Years Ahead
Over 100 economists, investment strategists, and housing market analysts were polled by Pulsenomics in their latest quarterly Home Price Expectation Survey (HPES). The report indicates what they believe will happen with home prices over the next five years. As the graph below shows, after mild depreciation this year, these experts forecast home prices will return to more normal levels of ...
The Grimaldo Group
Juan Grimaldo
2403 N Pebble Creek Pkwy #101
Goodyear, AZ 85395

© 2023 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. Real estate listings held by brokerage firms other than Juan Grimaldo - Keller Williams Realty Professional Partners - The Grimaldo Group (WINBACK) are marked with the Arizona Regional Multiple Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. March 27, 2023
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