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Juan Grimaldo | THE GRIMALDO GROUP BLOG

Wednesday, September 8, 2021   /   by Juan Grimaldo

Cavco announces rebranding of company amid SEC civil complaint

Cavco Industries Inc. announced the rebranding of its company on Wednesday, a decision officials said they have considered for a few years, in the face of a U.S. Securities Exchange Commission investigation.
Several days before Cavco announced its new identity and logo — which the company says is unrelated to the investigation — the SEC filed a civil complaint Sept. 2 in the U.S. District Court of Arizona against the Phoenix manufacturer of factory-built homes and two former executives for alleged insider trading and accounting control violations by allegedly misleading the company's auditor. 
The SEC is seeking an injunction and monetary penalties. In response, the company said in a statement that it “intends to vigorously defend itself against the allegations made by the SEC in the complaint.” 
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By Audrey Jensen - Phoenix Business Journal ...

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Friday, September 3, 2021   /   by Juan Grimaldo

180M people could be looking for homes in coming years. What it means for already-hot U.S. housing market.

Recent reports and surveys show a desire among millennials, as well as renters in other generations, to be homeowners. But circumstances are making things a little difficult.
A recent survey conducted by eXp Realty LLC found 73% of survey respondents believe owning a home is more important now because of the Covid-19 pandemic. Specifically, 80% of millennials said owning a home is now more important to them now than before the pandemic.
The survey was part of eXp's Emerging Real Estate Trends 2021 National Study, which surveyed more than 2,000 people planning to buy or sell a home in the next year or who have bought a home in the past year.
Millennials have made up the majority of the homebuying population for some years now. But the number of those homebuyers in the housing market is only going to pick up in the coming years, experts predict.
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By Ashley Fahey, Real Estate Editor - Phoenix Business Journals ...

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Friday, September 3, 2021   /   by Juan Grimaldo

Your Agent Is Key When Pricing Your House [INFOGRAPHIC]

Your Agent Is Key When Pricing Your House [INFOGRAPHIC]


Some Highlights


Pricing your house right takes market experience and expertise.



To find the best list price, your agent balances current market demand, values of homes in your neighborhood, where prices are headed, and your home’s condition.



If you’re ready to sell, don’t guess on the price. Let’s connect today so we price your house to attract multiple offers and maximize your return on investment. ...

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Wednesday, September 1, 2021   /   by Juan Grimaldo

What You Can Do Right Now To Prepare for Homeownership

What You Can Do Right Now To Prepare for Homeownership


As rent prices continue to soar, many renters want to know what they can do to get ready to buy their first home. According to recent data from ApartmentList.com:


“The first half of 2021 has seen the fastest growth in rent prices since the start of our estimates in 2017. Our national rent index has increased by 11.4 percent since January . . . .”

Those rising rental costs may make it seem impossible to prepare for homeownership if you’re a renter. But the truth is, there are ways you can – and should – prepare to purchase your first home. Here’s some expert advice on what to do if you’re ready to learn more about how to escape rising rents.

Start Saving – Even Small Amounts – Now

Experts agree, setting aside what you can – even smaller amounts of money – into a dedicated savings account is a great starting point when it comes to ...

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Wednesday, September 1, 2021   /   by Juan Grimaldo

Phoenix metro again leads nation in home price growth. Yes, that trend could continue

Despite reports that the Phoenix metro’s housing market may be cooling, the Valley once again is leading the nation in home price growth.
Phoenix saw the highest year-over-year home price growth in June, at 29.3%, according to the latest S&P CoreLogic Case-Shiller Indices. That’s the 25th consecutive month Phoenix has led the nation in the report.
The Valley was followed by San Diego and Seattle, which respectively saw year-over-year increases of 27.1% and 25%. All 20 cities reported higher price increases in the year ending June 2021 versus the year ending May 2021.
“As has been the case for the last several months, prices were strongest in the Southwest (+22.7%) and West (+22.6%), but every region logged top-decile, double-digit gains,” the report stated.
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By Erin Edgemon and Greg Barr - Phoenix Business Journal ...

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Keller Williams Realty Elite- The Grimaldo Group
Juan Grimaldo
2403 N Pebble Creek Pkwy #101
Goodyear, AZ 85395
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© 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. September 23, 2021
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