Tuesday, September 20, 2016 / by Daniel Jackson
Across the nation, real estate headlines are all talking about lack of inventory. In many markets around the US, there are simply not enough homes for sale to meet demand. That creates a seller's market, and leads to rising home prices. How does that affect Yuma Arizona? At first glance, the numbers look pretty promising for Yuma County. In the first 8 months of the year, we sold 1,675 units. That's an average of 209 homes per month. Based on the current inventory, there is a 6.45 month supply of homes. 6 months of supply is considered a balanced market.
However, within the market as a whole, we have several sub-markets. There are different areas of town, different neighborhoods, and different price ranges. Let's take a look at price range first.
If you are thinking about selling your home in Yuma, something else you need to consider is the number of potential buyers looking for properties like yours. ...
Wednesday, June 22, 2016 / by Daniel Jackson
Many families come to Yuma because of jobs with the US Border Patrol. Let’s talk about the best ways to buy or refinance a house for Border Patrol agents and employees.
We know that many agents transfer to Yuma from other areas, and sometimes wonder how long they have to be on the job in Yuma before they can qualify to buy a house. The answer is: not long at all. In fact, if you have a job contract or offer letter that states your starting salary and official starting date, you may be able to buy a house before getting your first paycheck. Contact us directly to discuss the specifics of your situation.
There was a recent rule change from Fannie Mae that has had a positive impact on Border Patrol agents obtaining conventional financing. The change is that non-reimbursed business expenses (such as uniforms, cell phones, mileage and other things you might write off for work), no longer have to be deducted from ...