Friday is the first day of the week for Realtors and here is why. The interest rate is rising and buyers are jumping off the fence to get into their new home before the rising rates reduce their buying power. Remember that you live in the house payment, not the house price so as interest rates rise, you can buy less house!
So this weekend I am working with 4 families that are having their rent increased before summer and they want to have a new house by the end of the school year. So today we are setting up appointments, washing the car and making sure we have lender pre-qualification letters. Oh yea, i am doing an open house both Saturday and Sunday on my Troon Mountain listing.
Today's lesson: Call me this weekend so you can buy now before the rates rise and price you out of your favorite neighborhood!
Author:Joe Pascale Phone: 602-339-2250 Dated: February 17th 2017 Views: 425 About Joe: Joe Pascale, a Phoenix, real estate agent with has been working in the industry for 18 years. Learni...
View our latest blog posts in your RSS reader. Click here to access.
I’ve lived in Scottsdale for over 30 years and have seen tremendous growth; north of Thunderbird Road was considered ‘North Scottsdale’. I’ve spent my career in the financial services industry specializing in risk management, specifically operational risk, audit and credit card fraud. I’ve always had a passion for architecture, design and real estate market trends so expanding my part-time real estate investment business was a natural progression. I enjoy helping my clients buy, sell, rent and invest in the Valley of the Sun. I’m excited to be part of Urban Luxe Partners at RE/MAX Platinum Living where providing our clients outstanding customer service is priority #1.