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Juan Grimaldo | THE GRIMALDO GROUP BLOG

Monday, February 8, 2021   /   by Juan Grimaldo

Window closing for good deals as home prices, mortgage rates rise in metro Phoenix

It's no secret home prices are on the rise in metro Phoenix, but an upward tick in mortgage rates could close the window on a good deal for home shoppers.
Despite rising home costs in the Valley, homebuyers have been taking advantage of record low mortgage interest rates that have helped keep their monthly mortgage payments down.
But mortgage rates have risen about 25 basis points, or one-quarter of one percent, within the past 30 days, said Kevin Kosan, senior vice president of the Home Builder Finance Group for First International Bank & Trust in Scottsdale.
For now, he said, the window is still open.
"As you know, the big jump in resale prices due to a very constrained supply, has helped to push buyers to new homes, and new home subdivisions have multiple floor plans with a range of pricing," Kosan said. "With an uptick in pricing and/or interest rates, a new homebuyer can alter their expectations for some upgrades in a new home or even select a smaller new home at a lower p ...

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Monday, February 8, 2021   /   by Juan Grimaldo

Seller takes $6.5M discount on Scottsdale luxury home sale, settling on $21M

A 15,000-square-foot Silverleaf mansion in north Scottsdale listed on the market in November for $27.5 million just sold for $21 million.
The home at 21053 N. 110th Way in Scottsdale, sold by luxury agent Ryan Hass at Russ Lyon Sotheby's International Realty, is the second-highest sale in Arizona history on the Multiple Listing Service. It also represents the biggest sale of the year so far.

Still holding the record is another 15,000-square-foot mansion within the Silverleaf community, which sold last fall for $24.1 million. That home, at 10696 E. Wingspan Way in Scottsdale, also was sold by Russ Lyon Sotheby's International Realty.
Julie Rohr, luxury property specialist for Walt Danley Christie's International Realty in Paradise Valley, said luxury homes sales are closing quickly these days.
A Paradise Valley home her team had taken off the market last season and relisted a few days ago received more than 14 offers within two days, she said.
"This truly is unprecedented," she s ...

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Friday, February 5, 2021   /   by Juan Grimaldo

Thinking about Building a New Home? Your Agent Is Critical. [INFOGRAPHIC]

Thinking about Building a New Home? Your Agent Is Critical. [INFOGRAPHIC]


Some Highlights

A real estate professional is an expert who can advocate on your behalf throughout the process when building a home.
Agents help you understand key steps, like choosing upgrades and managing negotiations, while staying within your budget from start to finish.
If building is the right option for you, let’s connect so you have a trusted real estate professional who can help you successfully navigate the path to your dream home.

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Friday, February 5, 2021   /   by Juan Grimaldo

¿Pensando en construir una casa nueva? Su agente es crucial

Algunos aspectos destacados:





Un profesional en bienes raíces es un experto que puede abogar en su nombre durante todo el proceso al construir una casa.






Los agentes le ayudan a comprender los pasos clave, como elegir actualizaciones y gestionar las negociaciones, manteniéndose dentro de su presupuesto de principio a fin.






Si la construcción es la opción correcta para usted, vamos a comunicarnos para que tenga un profesional en bienes raíces de confianza que puede ayudarle a navegar con éxito por el camino a la casa de sus sueños.

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Thursday, February 4, 2021   /   by Juan Grimaldo

Why Owning a Home Is a Powerful Financial Decision

Why Owning a Home Is a Powerful Financial Decision



In today’s housing market, there are clear financial benefits to owning a home: increasing equity, the chance to build your net worth, and appreciating home values, just to name a few. If you’re a renter, it’s never too early to think about how homeownership can propel you toward a stronger future. Here’s a dive into three often-overlooked financial benefits of homeownership and how preparing for them now can steer you in the direction of greater financial security and savings.
1. You Won’t Always Have a Monthly Housing Payment
Personal finance advisor Dave Ramsey explains:
“Every payment brings you closer to owning the house. When you pay your rent, that money is spent. Gone. Bye. Not returning. But when you pay your mortgage, you work toward full ownership.”
As a homeowner, you can eventually eliminate the monthly payment you make on your house. That’s a huge win and a big fa ...

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Keller Williams Realty Elite- The Grimaldo Group
Juan Grimaldo
2403 N Pebble Creek Pkwy #101
Goodyear, AZ 85395
480-365-8346

© 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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