Steve Halen | R&S Premier Homes Blog

Sunday, May 7, 2023   /   by Steve Halen

Why Buying a Home Makes More Sense Than Renting Today

May 1, 2023

For BuyersFirst Time Home BuyersBuying MythsRent vs. Buy




Wondering if you should continue renting or if you should buy a home this year? If so, consider this. Rental affordability is still a challenge and has been for years. That’s because, historically, rents trend up over time. Data from the Census shows rents have been climbing pretty steadily since 1988. 

And, data from the latest rental report from Realtor.com shows rents continue to grow today, even though it’s at a slower pace than we saw at the height of the pandemic:

“In March 2023, the U.S. rental market experienced single-digit growth for the eighth month in a row . . . The median asking rent was $1,732, up by $15 from last month and down by $32 from the peak but is still $354 (25.7%) higher than the same time in 2019 (pre-pandemic).”

With rents much higher now than they were in more ...

Friday, May 5, 2023   /   by Steve Halen

Reasons To Sell Your House Today

For SellersHousing Market Updates

Some Highlights


Not sure if selling your house is the right move today? You should know there are a number of reasons it still makes sense to sell now.



Your house will stand out because inventory is low. That’s why the number of offers on recently sold homes is on the rise. And most homeowners have a lot of equity that can fuel a move.



If you’re thinking about selling your house, let’s connect to discuss if now may be the time to move.



The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. Keeping Current Matters, Inc. does not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research ...

Friday, May 5, 2023   /   by Steve Halen

A Recession Doesn’t Equal a Housing Crisis

ay 2, 2023

PricingInterest RatesHousing Market Updates

Everywhere you look, people are talking about a potential recession. And if you’re planning to buy or sell a house, this may leave you wondering if your plans are still a wise move. To help ease your mind, experts are saying that if we do officially enter a recession, it’ll be mild and short. As the Federal Reserve explained in their March meeting:
“. . . the staff’s projection at the time of the March meeting included a mild recession starting later this year, with a recovery over the subsequent two years.” 
While a recession may be on the horizon, it won’t be one for the housing market record books like the crash in 2008. What we have to remember is that a recession doesn’t always lead to a housing crisis.
To prove it, let’s look at the historical data of what happened in real estate during previous recessions. That way you know why you shou ...
AZ Dream Home Search
21321 E Ocotillo RD Suite 113
Queen Creek, AZ 85142
Designated Broker/ Owner Steven Halen
480-253-0071
steve@azdreamhomesearch.com


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