At more than 70,000 pages long, it is little wonder that few people take advantage of all of the tax deductions and breaks that they qualify for. But if you are missing out on real estate tax breaks, you could be missing big. Before you meet with your accountant this tax season, be sure to research the following real estate and home improvement tax breaks. [Read more…]
The Metro Phoenix Light Rail System is a relatively new piece of infrastructure that has had a profound impact on the real estate market along its 20-mile path. From its beginning in east Mesa to its terminal in north central Phoenix, the light rail has spurred numerous new developments, both residential and commercial in nature. And while Phoenix has long been a car-centric city, shifting demographics, the new projects built in response and the timing of the light rail’s construction are well positioned to change that and make Phoenix far more in line with other urban areas around the country. Young people flocking to college campuses in all three of the cities connected by the light rail, as well as workers commuting to offices at law offices and tech companies filling the same area mean that demand for public transportation and the popularity of the light rail are soaring. And, by extension, the competition for Phoenix real estate near the light rail is hotter than ever before. Since 2014, property values near the light rail have been increasing in value faster even than the surrounding Phoenix real estate market. [Read more…]
Real estate can be an especially lucrative industry and many people do not have previous experience with real estate investments—they might have bought a house or two in the past, or else know what they see on HGTV. That makes the industry especially vulnerable to real estate scams that can wipe people of their life savings—a devastating situation for anyone. Here is what you need to know to avoid falling victim to one of these scams yourself. [Read more…]
The conveniences and draws to buying a model home are obvious. But as with any real estate transaction, you will want to be sure to partner with an Accredited Buyer’s Representative (ABR®) who will protect your best interests. [Read more…]
The economy in Phoenix is looking good. Those who remember the runaway growth of the last decade may not feel like it, but the Phoenix AZ area real estate and its economy are performing extremely well. The state of Arizona as a whole has continued to outpace the rest of the country (as previously predicted by economists). The state capitol serves as the economic center and is responsible for a large portion of that positive news. Furthermore, the area is set to continue its growth at a remarkably healthy rate thanks to recent expansions in the areas of finance and healthcare, as well as construction and service-sector work. Furthermore, tech companies looking to escape the stifling expense of doing business in places like California have discovered the utility of setting up shop here. It should really come as no surprise that the Phoenix AZ area real estate market is projected to be the number one real estate market in the entire country in the next year. [Read more…]
When looking for a home, there are a lot of factors to consider. For parents with children, it is important that there are options for after school programs so that they can learn and thrive outside of the classroom. Mesa is a growing community with one of the largest school districts in the state, and the options for students to be involved are endless. Here is a list of just a few of the great after school programs that the city has to offer. [Read more…]
When it comes to a mortgage payment, there’s no set price or calculator that can determine how much you should be paying. While many websites would like to assume that you are buying a house with zero debt, a stable well-paying job and perfect credit, life just isn’t that perfect most of the time. Whether it be student loans or a switch in careers, there are still ways to find the right mortgage payment that will help you decide which home to buy. Here is how to determine how much you should be paying for your mortgage.