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More than 78 million strong, baby boomers are reaching retirement age (65) at a record pace — 10,000 per day, to be exact, according to the Pew Research Center — and living years longer than previous generations. By the time all the boomers will have turned 65 in 2030, 18 percent of the nation’s population will be at least that age, according to the research center’s projections. Compare that to the population makeup just four years ago, when a little more than 10 percent of Americans were ages 65 and older.
It’s a fact, when it comes to buying or selling any house the kitchen gets the No. 1 scrutiny and can make or break the sale. It is the most used space in the house and has the most expensive components concentrated in one spot. The kitchen has been the most evolved room in the house and does not look nor function the same as yesterday’s kitchen.
The W.P. Carey School of Business’ February housing report reveals that new home sales are showing the largest percentage price increase in all three measures over the last year for the greater Phoenix area.
Spring is our busiest seasons in real estate. One of the top reasons is because parents often want to buy a new home and move after the kids are out of school and before they start the new school year. A question I hear often is, “How do I make this move easy on the kids?” Moving is stressful enough for adults, add in children who don’t understand the process, the reasons and all they know is it is going to be different, and it can make things a little more challenging. Here are some ways to relieve the stress, and dare I say, get them excited about the move.
The holidays are over, the calendar has turned a new page and, like many people, you find yourself with a renewed enthusiasm for self-improvement. According to statistics from the University of Scranton, nearly half of Americans regularly make New Year’s resolutions, with weight loss, organization and improved finances ranking among their top three goals.
After years of hearing “Doom and Gloom” news regarding the housing market, we’re all happily watching as it begins to recover. Given some of the recent shifts in the market, I wanted to share with you some important things you should know.
Dear Claudia: Every room in my house seems to be an area for clutter. Please share some organizing secrets!
More inventory, more competition, smaller buyer pool sums up January’s market in Ahwatukee.
People buy and sell homes for a variety of reasons. Understanding their motivation and their experiences is the goal of the annual Profile of Buyers and Sellers survey conducted by the National Association of Realtors (NAR).
The “snowbirds” are in Arizona for a vast array of fun and games within the next three months. They have been winter traumatized by the last couple of server storms and are now ready to have some warm merriment in our renown state for great winter weather. There will be visits from family, friends and visitors descending on many households for a few days, a week, or even longer. They can enjoy such things as golf tournaments, sports events, car auctions, horse shows, charity balls, concerts and all kinds of cultural entertainments. Is your home ready to entertain guests for the evening, a few days or for a special event?
The Ahwatukee housing market made great strides in 2013 and we expect this trend to continue heading into next year. However, the pace of growth and appreciation may be at a slower rate in 2014 compared to the two previous years. The housing market has been through turbulent conditions since 2002. A market that is slower paced, non-distressed and balanced with normal conditions may be a relief for those operating in it and preventing dangerous and fragile conditions.
With a new year come new trends in home design and decorating. Among them: paler walls contrasted with colorful furniture, and plenty of personal expression, design experts say.
Arizona’s real estate market is always changing, but those who want to buy or sell their homes in 2014 can get some tips from experts during the “Phoenix Housing Market Explained II” on Saturday, Jan. 25 at Arizona State University’s Tempe campus.
One thing is certain: 2014 will be an interesting year for the real estate industry. The housing recovery will continue and Phoenix will see home-price appreciation continue in 2014. A new set of mortgage rules will emerge. Here are some of our housing market predictions, projections and expectations for 2014.
There’s something about the beginning of a new year that makes us feel like we have a new lease on life. Although many joke about the making and breaking of New Year’s resolutions, the University of Scranton’s Journal of Clinical Psychology released a study at the end of last year that showed those who made New Year’s resolutions were 10 times more likely to reach their goals than those who did not.
With baby boomers approaching retirement age in record numbers, and home values returning to a point where their owners are finally comfortable enough to sell, it’s easy to understand why builders are optimistic about the 55-plus housing market these days.
Finally, our weather has cooled so we can expand our living spaces to patios, gardens and backyards. After work and on weekends we can retreat outside to enjoy the warm days and cool evening breezes we look forward to from now until next May. Weekends mean we can invite family and friends over for those famous Arizona barbecues. Special celebrations can now be planned such as an assortment of parties, fundraisers or even an intimate wedding.
Stores are full of colorful ornaments and sparkly décor that set the holiday tone with glamour and panache. But there’s also decor for those who prefer to welcome the season with more homespun serenity.
‘Tis the season to be jolly, to deck the halls and to buy presents for family and friends. But, did you know the holidays are also considered by some experts to be a good time to buy or sell a home?
So you’re going for it — a new home! But when it comes to applying for your new loan, there are eight new requirements that go into effect starting in January you’ll want to become familiar with.
So here we are, December, again. As I get older it certainly seems to get here faster every year. I feel like I was just chatting with folks about what may happen in real estate in 2013. It turned out we had some interesting things happen here in our market. The year started off strong with lots of appreciation and a great demand from buyers. The buying frenzy continued through June until it sort of fell off a cliff in the summer. When we usually see the October pick up, the government shut down for three weeks and that changed the typical cycle for that time of year. We had a nice increase in buyer interest towards the end of the year and from what we can see now the spring season will be typical for our area.
Credit scores are made up of a complex algorithm that can, at times, seem inexplicable. Often things that seem financially responsible can in fact lower your credit score. Answer the few questions below to test your credit IQ — the answers may surprise you.
By now, you’ve probably heard that Arizona, like other recovering states, is in short supply of new homes. While it’s true that inventory remains tight as builders push to keep up with rising consumer demand, plenty of options exist in the marketplace for people looking to purchase a new vs. a resale home.
Veterans can benefit from their service to our county with special mortgage financing options.
Dear Claudia: It’s my first December living in Ahwatukee. I am looking forward to decorating my house for the holidays. My question is how can I decorate the house with a limited budget for Christmas?
It’s one thing to have a beautiful, comfy bed. But what if it also included a TV screen, game console and dimmable, color-changing lights?
Homeowners are opening their wallets. A rebound in the housing market has made them more willing to invest in renovations that could boost the value of their homes even more in a rising market.
We schedule annual check-ups for ourselves, our kids, our pets, our cars…what about our homes?
Once again, the sun is shining on the housing market in Phoenix. Arizona is attractive once again to buyers with retirement, and a warmer climate, on the horizon. In 2012, domestic migration climbed high as it had been in the past five years as Arizona welcomed 26,000 migrants from other states. Across the state, as mortgage rates are decreasing and home values rising, the housing market is enjoying an influx as baby boomers choose our sunny skies. Even local retirees are opting to downsize, placing their current homes up for sale in favor of less maintenance.
School Director Beth Wilson poses with students at God's Garden Preschool on Tuesday, Feb. 18. 2014.
God’s Garden Preschool has been part of the Ahwatukee community for a little over 14 years, offering its community a more “flexible” learning experience.
The school currently houses more than 145 students, with ages ranging from 2 to 5 years old, and nearly 20 instructors.
Director Beth Wilson said the school offers a “family atmosphere” for its parents and students, and allows flexibility when dealing with scheduling conflicts.
“It’s a flexible program. Every year we look at the demographics of what parents are looking for,” she said. “We offer a lot of different options from stay-and-play to enrichments. It’s very family orientated… you just walk in here and feel that.”
The school will be hosting its 14th annual Transportation Day on Saturday, Feb. 22 from 9 a.m. to 1 p.m., which centers as a community event for Ahwatukee and a fundraiser for the school.
For more information about God’s Garden Preschool, visit www.godsgarden.com.
• Compiled by Daniel Ochoa.