Josh Marquez's Blog Posts

The Difference in Net Worth Between Homeowners and Renters Is Widening

Becoming financially secure is an important goal for many people today, but some don’t realize just how much homeownership can help them achieve that dream. A recent report, The

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Why Waiting to Buy a Home Could Cost You a Small Fortune

Many people are sitting on the fence trying to decide if now’s the time to buy a home. Some are renters who have a strong desire to become homeowners but are unsure if buying right now

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3 Graphs Showing Why You Should Sell Your House Now 📈

There’s no doubt that 2021 is the year of the seller when it comes to the housing market. If you’re a homeowner thinking of moving to better suit your changing needs, now is

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4 Big Incentives for Homeowners to Sell Now

The housing market keeps sailing along. The only headwind that could take it off course is the lack of inventory for sale. The National Association of Realtors (NAR) reports that there&

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Americans Find the Nonfinancial Benefits of Homeownership Most Valuable

Homeownership is a foundational part of the American Dream. As we look back on more than a year of sheltering in our homes, having a place of our own is more important than ever. While 

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Patience Is the Key🔑 to Buying a Home This Year

The question many homebuyers are facing this year is, “Why is it so hard to find a house?” We’re in the ultimate sellers’ market, which means real estate is ultra

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82,338 Great Reasons to Buy a Home Today

The financial benefits of buying a home as compared to renting one are always up for debate. However, one element of the equation is often ignored – the ability to build wealth as a homeowner

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How Much Time Do You Need To Save for a Down Payment?

One of the biggest hurdles homebuyers face is saving for a down payment. As you’re budgeting and planning for your home purchase, you’ll want to understand how much you’ll need to

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Why This Is a Great Year to Sell Your Vacation Home 💸

As vaccines are administered and travel resumes, many of us are beginning to plan for those long-awaited vacations we missed out on over the past year. Some households are focusing their efforts on

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93% of Americans Believe a Home Is a Better Investment Than Stocks

A recent Survey of Consumer Finances study released by the Federal Reserve reveals the net worth of homeowners is forty times greater than that of renters. If you’re

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What It Means To Be in a Sellers’ Market

If you’ve given even a casual thought to selling your house in the near future, this is the time to really think seriously about making a move. Here’s why this season is the

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What Is the #1 Financial Benefit of Homeownership?

There are many financial and non-financial benefits of homeownership, and the greatest financial one is wealth creation. Homeownership has always been the first rung on the ladder that leads to

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Is It a Good Time to Sell My House? 💸💸

Last year, many homeowners thought twice about selling their houses due to the onset of the health crisis. This year, however, homeowners are beginning to regain their confidence when it comes to

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How Smart Is It to Buy a Home Today? 💭

Whether you’re buying your first home or selling your current house, if your needs are changing and you think you need to move, the decision can be complicated. You may have to take personal

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What Are the Benefits of a 20% Down Payment?

If you’re thinking of buying a home this year, you may be wondering how much money you need to come up with for your down payment. Many people may think it’s 20% of the loan to

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¿Habrá más casas para comprar este año?

Si está buscando una casa para comprar ahora mismo y tiene problemas para encontrarla, no está solo. En un momento como este, cuando hay tan pocas casas para la venta, es

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Will Low Mortgage Rates Continue through 2021

With mortgage interest rates hitting record lows so many times recently, some are wondering if we’ll see low rates continue throughout 2021, or if they’ll start to rise.

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3 Ways You’ll Win When You Buy a Home 🏠 This Year

There are so many great reasons to purchase a home, and over the past year, we’ve realized more of them than we ever thought possible. If you’re a first-time homebuyer, having a home of

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The Luxury Market Is Attracting Buyers in 2021

As more people continue to identify their changing needs this year, some are turning to the upscale housing sector for more space or finer features. In their most recent Luxury Market Report,

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Do I Really Need a 20% Down Payment to Buy a Home? 💭

Is the idea of saving for a down payment holding you back from buying a home right now? You may be eager to take advantage of today’s low mortgage rates, but the thought of needing a

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Want to Build Wealth? Buy a Home This Year!

Every year, households across the country make the decision to rent for another year or take the leap into homeownership. They look at their earnings and savings and then decide what makes the most

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What’s the Difference between an Appraisal and a Home Inspection?

If you’re planning to buy a home, an appraisal is an important step in the process. It’s a professional evaluation of the market value of the home you’d like to

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Why Moving May Be Just the Boost You Need

As we look back over the past year, we’ve certainly lived through one of the most stressful periods in recent history. After spending so much more time at home throughout the health crisis,

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Owning a Home 🏡 Is Still More Affordable Than Renting One

If spending more time at home over the past year is making you really think hard about buying a home instead of renting one, you’re not alone. You may be wondering, however, if the

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4 Reasons People Are Buying Homes in 2021

According to many experts, the real estate market is expected to continue growing in 2021, and it’s largely driven by the lasting impact the pandemic is having on our lifestyles. As many

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Market Update 📊 January 2021

2020 Broke the Record for Luxury Sales Supply Down 51%, Slim Pickings in 2021For Buyers:There were 111,036 new listings added to the Arizona Regional MLS (ARMLS) in 2020, only 38 more than 2019,

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Is 2021 the Year to Sell My House? 🏡

If one of the questions you’re asking yourself is, “Should I sell my house this year?” consumer sentiment about selling today should boost your confidence in the right

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Why NOT to Wait Until Spring to Make a Move

Why Not to Wait Until Spring to Make a MoveThe housing market recovery coming into the new year has been nothing short of remarkable. Many experts agree the turnaround from the nation’s

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3 Must-Do’s When Selling Your House This Year!

3 Must-Do’s When Selling Your House This YearIt’s exciting to put a house on the market and to think about making new memories in new spaces. However, despite the anticipation of what

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Turning a House into a Happy Home 😊

Turning a House into a Happy HomeWe talk a lot about why it makes financial sense to buy a home, but more often than not, we’re drawn to the emotional reasons for homeownership.No

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3 Reasons to Be Optimistic about Real Estate 🏠 in 2021

3 Reasons to Be Optimistic about Real Estate in 2021This year will be remembered for many reasons, and optimism is one thing that’s been in short supply since the spring. We’re

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The Holidays Aren’t Stopping 🛑 Homebuyers This Year!

The Holidays Aren’t Stopping Homebuyers This YearBlack Friday and Cyber Monday are behind us, yet finding the perfect holiday gifts for friends and family is certainly still top of mind for

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Nearly Half of Americans Are Planning To Relocate in 2021

The COVID-19 pandemic has forced many people to reexamine where they live—and in response, many are choosing to relocate.But how many people are looking to relocate—and what’s

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Why It Makes Sense to Sell Your House This Holiday Season 🎄🎄

Why It Makes Sense to Sell Your House This Holiday SeasonIf you’re one of the many homeowners thinking about taking your house off the market for the holidays, hang on. You definitely don;

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With Home Values Surging, Is it Still Affordable to Buy Right Now?

With Home Values Surging, Is it Still Affordable to Buy Right Now?Housing inventory is at an all-time low. Realtor.com just reported that there are 39% fewer homes for sale

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2020 is nothing like 2005

People who are worrying about mortgage delinquency rates should remember that foreclosures did NOT create the huge excess supply of 2006. The excess supply arrived 2 years before the foreclosures

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There are just not enough homes to buy for the people who want them 🤔

We now have just 27.8 days of inventory across all ARMLS areas & types. That is less than 4 weeks. A normal balanced market would be expected to have between 120 and 150 days of inventory. For

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Your House May Be High on the Buyer Wish List 🎁 This Holiday Season

Your House May Be High on the Buyer Wish List This Holiday SeasonAround this time each year, many homeowners decide to wait until after the holidays to sell their houses. Similarly, others who

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It Pays to Sell with a Real Estate Agent [INFOGRAPHIC]

Some HighlightsToday, it’s more important than ever to have an expert you trust to guide you as you sell your house.From your safety throughout the process to the complexity of negotiating the

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Why Working from Home May Spark 💥 Your Next Move!

Why Working from Home May Spark Your Next MoveIf you’ve been working from home this year, chances are you’ve been at it a little longer than you initially expected. Businesses

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Is it Safe to Sell My House Right Now?

Is it Safe to Sell My House Right Now?In today’s real estate market, the buzz is all about how it’s a great time to sell your house. Buyer demand is high, and there simply aren

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Rent vs. Buy: How to Decide What’s Best for You

According to the U.S. Census Bureau, median rent continues to rise. With today’s low mortgage rates, there’s great opportunity for current renters to make a move

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3 Ways Low Inventory Is a Win for Sellers 🤩

The number of houses for sale today is significantly lower than the high buyer activity in the current housing market. According to Lawrence Yun, Chief Economist for the 

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Selling Your House Is the Right Move, Right Now 💸 [INFOGRAPHIC]

Some HighlightsDemand from homebuyers has skyrocketed this year, which means today’s sellers are poised to win big. This ideal moment in time to sell your house won’t last

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Se proyecta que el valor de la vivienda seguirá aumentando ⬆️

A medida que entramos en los últimos meses de 2020 y seguimos trabajando a través de los desafíos que este año ha traído, algunos de nosotros nos preguntamos, qu

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How to Prepare for a Bidding War [INFOGRAPHIC]

How to Prepare for a Bidding War [INFOGRAPHIC]Some HighlightsWith so few houses available on the market today, being ready for a bidding war is essential for prospective homebuyers.From pre-approval

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The #1 Reason Not to Wait to List Your House 🏡 for Sale

Many industries have been devastated by the economic shutdown caused by the COVID-19 virus. Real estate is not one of them.Mark Fleming, Chief Economist for First American,

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Thinking of Moving? 💭 [INFOGRAPHIC]

Some HighlightsIf you’re ready to sell your house but you’re worried about finding one to move into, why not invest in a brand-new home built just for you?New construction is on the

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Selling Your Home? 💰 These Are The Upgrades Buyers Are Looking For During COVID-19

COVID-19 has changed the real estate landscape in many ways—including shifting buyer priorities.But what, exactly, are buyers looking for in today’s market?A recent article from

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Buyers Are Finding More Space in the Luxury Home Market

Buyers Are Finding More Space in the Luxury Home MarketA year ago, additional space and extra amenities had a very different feel for homebuyers. Today, the health crisis has brought to light how

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Cromford Market Updated -September 2020 📈

We can see why many people will be thinking 2020 looks a lot like 2004/2005 with the CMI suddenly rising to over 300. We certainly agree that annual appreciation is likely to rise sharply over the

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Why Selling this Fall 🍁 May Be Your Best Move

Why Selling this Fall May Be Your Best MoveIf you’re thinking about moving, selling your house this fall might be the way to go. Here are four highlights in the housing market that may make

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Why Pricing Your Home Right Matters This Fall [INFOGRAPHIC]

Why Pricing Your Home Right Matters This Fall [INFOGRAPHIC]Some HighlightsAs a seller today, you may think pricing your home on the high end will result in a higher final sale price, but the

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Is the Economic Recovery Beating All Projections?

Earlier this year, many economists and market analysts were predicting an apocalyptic financial downturn that would potentially rattle the U.S. economy for years to come. They immediately started to

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Real Estate Market Update for September

For Buyers:The first few weeks of August saw a surprising 17% spike in listings under contract over $600K. This is highly unusual as typically contract activity declines in the 2nd half of the year,

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Homebuyer Traffic Is on the Rise

One of the biggest surprises of 2020 is the resilience of the residential real estate market. Lawrence Yun, Chief Economist of the National Association of Realtors (NAR), is now

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Have You Ever Seen a Housing Market Like This? 😮

The year 2020 will certainly be one to remember, with new realities and norms that changed the way we live. This year’s real estate market is certainly no exception to that shift, with

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¿Debería comprar una casa existente o una recién construida?

Encontrar la casa adecuada para comprar hoy es uno de los mayores desafíos para los compradores potenciales. Con tan pocas casas para la venta y la construcción de casas reci

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