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Juan Grimaldo | THE GRIMALDO GROUP BLOG

Tuesday, February 9, 2021   /   by Juan Grimaldo

3 Reasons We’re Definitely Not in a Housing Bubble

3 Reasons We’re Definitely Not in a Housing Bubble



Home values appreciated by about ten percent in 2020, and they’re forecast to appreciate by about five percent this year. This has some voicing concern that we may be in another housing bubble like the one we experienced a little over a decade ago. Here are three reasons why this market is totally different.
1. This time, housing supply is extremely limited
The price of any market item is determined by supply and demand. If supply is high and demand is low, prices normally decrease. If supply is low and demand is high, prices naturally increase.
In real estate, supply and demand are measured in “months’ supply of inventory,” which is based on the number of current homes for sale compared to the number of buyers in the market. The normal months’ supply of inventory for the market is about 6 months. Anything above that defines a buyers’ market, indicating prices will soften. Anything be ...

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Tuesday, February 9, 2021   /   by Juan Grimaldo

3 razones por las que ‘definitivamente no’ estamos en una burbuja de la vivienda

3 razones por las que ‘definitivamente no’ estamos en una burbuja de la vivienda


El valor de las casas aumentó alrededor del diez por ciento en 2020, y se prevé que suba alrededor de cinco por ciento este año. Esto tiene a algunos expresando preocupación de que podemos están en otra burbuja de la vivienda como la que experimentamos hace poco más de una década. Aquí hay tres razones por las que este mercado es totalmente diferente.


1. Esta vez… la oferta de la vivienda es extremadamente limitada


El precio de cualquier artículo en el mercado está determinado por la oferta y la demanda. Si la oferta es alta y la demanda es baja, los precios normalmente caen. Si la oferta es baja y la demanda es alta, los precios aumentan naturalmente.


En bienes raíces, la oferta y la demanda se miden por “el suministro mensual del inventario” que se basa en el número de vi ...

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Tuesday, February 9, 2021   /   by Juan Grimaldo

Arizona's largest homebuilder buys Casa Grande land after backing out of that market during Great Recession

Arizona's largest homebuilder is back in Casa Grande.
After exiting the market during the Great Recession, Miami-based Lennar Corp. (NYSE: LEN) on Feb. 4 paid $6.78 million to Dolphin Partners for 115 finished lots in Casa Grande, according to Tempe-based Vizzda LLC real estate database.
This renewed interest comes at a time when major employers are setting up shop in Casa Grande, including Newark, California-based Lucid Motors Inc., which has completed the first phase of a large advanced manufacturing plant in Casa Grande.
With more than 2,200 jobs projected over the next three or four years in its first phase of development, Lucid will be the biggest industrial employer in Casa Grande, said Richard Wilkie, economic development director for Casa Grande. Its second phase of development will generate even more employment opportunities, he said.
"Casa Grande is really coming alive, both from a homebuilding perspective and an investor perspective," said Jeff Gunderson, senior vice pre ...

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Monday, February 8, 2021   /   by Juan Grimaldo

6 Foundational Benefits of Homeownership Today

6 Foundational Benefits of Homeownership Today



Over the past year, our homes have become an integral part of our lives more than ever. They’re much more than the houses we live in. They’re our workplaces, virtual schools, and safe havens that provide shelter, stability, and protection through the evolving health crisis. Today, 65.8% of Americans are fortunate enough to call their homes their own.
As we continue to think about the future, our goals for the year, and what we want to achieve well beyond 2021, it’s a great time to look at the benefits of owning a home. Below are some highlights and quotes on the benefits of homeownership shared by the National Association of Realtors (NAR). From feel-good motivations to economic and social impacts on the local community, these items may give you reason to believe homeownership stretches well beyond your financial investment.
Non-Financial Benefits
Owning a home brings a sense of happiness, satisfaction, and prid ...

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Monday, February 8, 2021   /   by Juan Grimaldo

6 beneficios fundamentales de la propiedad de la vivienda hoy

6 beneficios fundamentales de la propiedad de la vivienda hoy
Durante el último año, mas que nunca, nuestros hogares se han convertido en una parte integral de nuestras vidas. Son mucho mas que las casas en las que vivimos. Son nuestros lugares de trabajo, escuelas virtuales y amparo seguros que proporcionan refugio, estabilidad y protección a través de la crisis de salud en evolución. Hoy, el 65.8 % de los estadounidenses tienen la fortuna de decir que su casa es propia.
A medida que seguimos pensando en el futuro, nuestros objetivos para el año, y lo que queremos lograr mucho mas allá de 2021, es un gran momento para mirar los beneficios de ser propietario de una casa. A continuación, se presentan algunos aspectos destacados y citas sobre los beneficios de la propiedad de la vivienda, compartidas por la Asociación nacional de Realtors (NAR por sus siglas en inglés). Desde motivaciones para sentirse bien hasta los ...

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Keller Williams Realty Elite- The Grimaldo Group
Juan Grimaldo
2403 N Pebble Creek Pkwy #101
Goodyear, AZ 85395
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© 2021 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. February 26, 2021
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