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THE GRIMALDO GROUP BLOG

Wednesday, May 12, 2021   /   by Juan Grimaldo

Homebuilder permits up 37% year to date; here's the Valley cities with the biggest gains

New homebuilder permit data shows exactly how scary it was for homebuilders at the beginning of the coronavirus pandemic.
Homebuilder permits issued by Valley municipalities between January and April were up 37% over the same period in 2020, according to new data released by the Homebuilders Association of Central Arizona.
While the data shows strong growth so far this year, it also gives a glimpse into how homebuilders put the brakes on construction plans while trying to get a feel for how the pandemic would affect their growth plans last year.
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By: Angela Gonzales, Reporter - Phoenix Business Journals ...

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Tuesday, May 11, 2021   /   by Juan Grimaldo

Experts Say Home Prices Will Continue to Appreciate

Experts Say Home Prices Will Continue to Appreciate



It’s clear that consumers are concerned about how quickly home values are rising. Many people fear the speed of appreciation may lead to a crash in prices later this year. In fact, Google reports that the search for “When is the housing market going to crash?” has actually spiked 2450% over the past month.
In addition, Jim Dalrymple II of Inman News notes:
“One of the most noteworthy things that came up in Inman’s conversations with agents was that every single one said they’ve had conversations with clients about whether or not the market is heading into a bubble.”
To alleviate some of these concerns, let’s look at what several financial analysts are saying about the current residential real estate market. Within the last thirty days, four of the major financial services giants came to the same conclusion: the housing market is strong, and price appreciation will continue. Her; ...

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Tuesday, May 11, 2021   /   by Juan Grimaldo

International investors likely to increase Phoenix real estate holdings this year, report says

International investors ranked Phoenix highly as a market where they plan to increase their real estate exposure in 2021, according to a study by the Association of Foreign Investors in Real Estate.
The survey collected information from more than 100 respondents, which include institutional investors, fund and investment managers, family offices, publicly listed companies, and related services.
Phoenix did not crack the top 10 list for planned real estate investments this year. The list was topped by Austin, Boston and Dallas. However, Phoenix ranked sixth for places where international investors intended to increase their real estate exposure, with 16% of survey respondents saying they would boost their holdings in Phoenix. Austin, Boston and Dallas again topped that ranking. Only 3% of survey respondents said they planned to decrease their holdings in Phoenix.
To continue reading click here: https://bit.ly/3oeqVsD
By: Corina Vanek, Reporter - Phoenix Business Journal ...

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Monday, May 10, 2021   /   by Juan Grimaldo

Arizona's job growth to outpace the nation for next decade

Arizona is expected to add nearly 550,000 jobs between 2019 and 2029, barring any further major economic or political disruptions, according to a study released May 6 by the Arizona Office of Economic Opportunity.
“Today’s projections show Arizona is going to continue to lead the nation as a destination for employment and advanced industries,” Sandra Watson, president and CEO of the Arizona Commerce Authority, said in a statement. “What this means is more jobs for Arizona residents and more opportunity throughout our economy.”
To read more click here: https://bit.ly/3o3Ofcm
By: Corina Vanek - Reporter, Phoenix Business Journals ...

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Monday, May 10, 2021   /   by Juan Grimaldo

3 gráficas que muestran por qué debería vender su casa ahora

3 gráficas que muestran por qué debería vender su casa ahora

No hay duda de que 2021 es el año de los vendedores cuando se trata del mercado de la vivienda. Si usted es un propietario de casa pensando en mudarse para adaptarse mejor a sus necesidades cambiantes, ahora es el momento perfecto para hacerlo. Las tasas hipotecarias fijas están a su favor para cuando esté listo para comprar la casa de sus sueños, y la demanda alta de los compradores puede darle el apalancamiento que necesita para negociar los mejores términos en el contrato de la venta de su casa. He aquí un vistazo a lo que está impulsando esta ventaja de los vendedores y por qué hay tantas oportunidades para los propietarios que están listos para mudarse esta temporada.

1. Inventario históricamente bajo

La Asociación Nacional de Realtors (NAR por sus siglas en inglés) explica:

“El inventario total de l. ...

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Keller Williams Realty Elite- The Grimaldo Group
Juan Grimaldo
2403 N Pebble Creek Pkwy #101
Goodyear, AZ 85395
480-365-8346

© 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. June 19, 2021
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