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Archives for March 2018

Real Estate Market Statistics – March 2018

Real Estate Market Trends March 2018
Real Estate Market Trends March 2018

Phoenix Real Estate Market Trends in 2018

Median Sale Price up $20,000 over March 2017

17% of Sales are Closing Over Asking Price

Phoenix Home Buyers:

The percentage of seller concessions awarded to buyers has dropped down to 24% in the first quarter of 2018 after 2.5 years of consistently landing between 26%-28%, yet another indicator of dwindling buyer negotiating power in a prolonged supply shortage.

The highest percentage of closings with seller concessions in the last 30 days were sale prices between $150K-$250K at 30-36%. Buyers were most likely to get closing costs in Youngtown at 54%, followed by Buckeye at 52%.

Cities with the smallest percentage of closing costs were in affluent and retirement areas such as Paradise Valley, Sun City West and Sun Lakes at 2-3%.

 

Phoenix Home Sellers:

The percentage of successful sales over asking price is increasing. So far in March, 17% of sales closed over list price, last March it was 14%. Properties sold between $100K-$200K had the highest percentage at 24%, followed by the $200K-$300K range at 18%.

The market between $300K-$1M is the most improved with 12% sold over list compared to only 7% last March. There were zero sales over list in the market over $1M. Areas with the highest percentage are El Mirage and Youngtown, both at 50%, followed by Tolleson with 45.5% of sales closing over asking price.

 

If you’re interested in purchasing or selling a home you can start by Contacting Us directly or start searching for your new home here

Anthem, Desert Hills, New River, Phoenix, Mesa, Scottsdale, Tempe, Glendale or Surprise.

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The Importance of HVAC Maintenance: Creating a Comfortable Home Environment

Maintaining a comfortable home environment is essential for our well-being and overall quality of life. One key factor in achieving and sustaining a comfortable atmosphere is the proper maintenance of your HVAC (Heating, Ventilation, and Air Conditioning) system, which includes your heating and cooling equipment, as well as your boiler and heat pump. Regular HVAC, boiler, and heat pump maintenance, including services such as heat pump repair renton wa, not only ensure efficient operation but also contribute to improved indoor air quality, energy savings, and extended equipment lifespan. In this article, we will explore the significance of HVAC and boiler maintenance, including the importance of the best boiler cover, and how it can help create a comfortable home.

Efficient Heating and Cooling:
A well-maintained HVAC system performs at its best, providing efficient heating and cooling throughout your home. Regular maintenance includes tasks such as cleaning or replacing air filters, checking and adjusting thermostat settings, inspecting and cleaning ductwork, and ensuring proper airflow. These actions help optimize the system’s performance, ensuring consistent and comfortable temperatures throughout your living space. Also, take note of how to turn off a gas furnace for a break and for everyone’s safety. When your gas furnace is in need of expert care, trust in a certified gas furnace repairman for prompt and reliable service, ensuring the efficient and consistent warmth of your home.

Improved Indoor Air Quality:
Proper HVAC maintenance contributes to improved indoor air quality, which is crucial for a healthy and comfortable home environment. Over time, dust, debris, and allergens can accumulate in the HVAC system, leading to compromised air quality. Regular maintenance involves cleaning and servicing various components, including air filters, coils, and ventilation systems. This helps remove pollutants, allergens, and contaminants from the air, reducing the risk of respiratory issues and creating a cleaner and fresher indoor environment. For a comprehensive approach to maintaining a healthy home, incorporating regular pest control can further ensure a clean and pest-free living space.

Energy Savings:
A well-maintained HVAC system operates more efficiently, resulting in energy savings. Neglected systems often work harder to achieve the desired temperature, leading to increased energy consumption and higher utility bills. Regular maintenance ensures that all components are clean, properly lubricated, and functioning optimally, allowing the system to operate at peak efficiency. This not only reduces energy usage but also lowers your overall energy costs, providing long-term savings.

Extended Equipment Lifespan:
HVAC systems are a significant investment for any homeowner, and proper maintenance helps protect that investment. Regular inspections and servicing by HVAC professionals like Dynasty Heating and Air can identify and address potential issues before they escalate, preventing costly breakdowns and extending the lifespan of your equipment. By ensuring that your HVAC system operates smoothly and efficiently, you can avoid premature replacement and enjoy the comfort it provides for years to come.

Conclusion:
HVAC maintenance plays a vital role in creating a comfortable home environment. It ensures efficient heating and cooling, improves indoor air quality, saves energy, and extends the lifespan of your HVAC system. By prioritizing regular maintenance and working with qualified HVAC professionals, you can enjoy a comfortable living space that promotes well-being, energy efficiency, and cost savings. As a leading heating and cooling company, we strive to provide the best HVAC solutions. Don’t underestimate the power of HVAC maintenance in enhancing your home’s comfort and overall quality of life.

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