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GETTY IMAGES AND ALEX GREGORY/GANNETT
TAKE A LOOK Virtual reality is changing the way homes are bought and sold MICHAEL BURGE | NERDWALLET
Virtual reality is no longer associated with just gaming. The real estate industry is adopting this evolving technology to help you buy and sell your home in ways never before possible.¶ Say you’re moving to another state, or you’re interested in buying new construction and your home hasn’t been built. You can take a virtual tour of your future home without leaving the comfort of the one you live in now. ¶ Or maybe it’s time to sell, and you want a leg up in a competitive market. Now you can entice potential buyers with a 3-D rendering of your home before they step inside for a showing. See VIRTUAL, Page 3R
CATHERINE REAGOR REAL ESTATE
How Trump’s policies might affect homeowners Billionaire Donald Trump made much of his fortune as a real-estate developer. But it’s not yet clear what his presidency will mean for the wealth of homeowners, though many of us are trying to figure it out. President-elect Trump’s plans for Wall Street, immigration, a border wall and builder regulations could all impact the housing market, particularly in Arizona.
Let’s examine how some of his policies could affect homeowners:
Interest rates The most immediate impact on the housing market came right after the election when mortgage rates jumped. Homebuyers and homeowners trying
to refinance across the country were jolted as the 30-year mortgage rate jumped above 4 percent early last week. Some buyers balked, and mortgage applications fell 9 percent. A drop in home sales can turn into slower appreciation in values and a stalled recovery. But the current higher-interest rates aren’t all on Trump.
Rates were rising before the electionas investors jittery about the market poured more money into Treasury notes, pushing up their yields and mortgage rates. See REAGOR, Page 3R
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SCOTTSDALE | 6421 East Kathleen Road | Open Today 1–4PM
FIVE-STAR UDC BUILD IN KIERLAND. Elegantly finished, MLS# the generous plan has distinctive architectural touches, soaring Bedrooms ceilings and speakers inside and out. Gorgeous caramel-hued Bath granite, double wall ovens, artisan tiled backsplash and beautiful Pool cabinetry complete the island kitchen. Magnificent wall with built-ins, Bose speakers, granite surround fireplace and wet bar Sq. Ft. in the family room. Double doors reveal the king-sized sitting Parking room master with private exit, custom shelved walk-in closet and Lot Size lavishly redone bath. Fourth bedroom set up as an office with builtZIP Code ins. Tropical paradise oasis. Pretty palms, spa, pool with waterfall, emerald lawn and colorful hibiscus. In the Magic 85254 Zip Code. Online Pics – Joseph Callaway Price
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SCOTTSDALE | 8166 East Questa Road | Open Today 12-4PM
CUSTOM ESTATE ON ACRE-PLUS WITH 5-BED/3-BATH MLS# - 5399740 MAIN HOUSE; 2-BED/2-BATH GUEST HOUSE. Lush Bedrooms - 7 (Main 5; Guest 2) desert landscaping, sweeping circular drive, cocktail courtyard. Magnificent living room w/soaring vaulted-beamed ceiling, wood- Bathrooms - 5 (Main 3; Guest 2) Pool - Yes trimmed French exits to patio and pool area. Chandelier-lit dining room. Sparkling kitchen w/upscale appointments. Den/family room Sq. Ft. - 5,509 w/wet bar could be game room, billiards parlor. Romantic master ZIP Code - 85255 suite w/dramatic bathroom that opens to fireplaced sitting area. Alfresco amenities: beautiful desert landscaping, luxuriant lawns, Online Pics - BaldwinTeam.com Price - $960,000 expansive patios, kiva fireplace, barbecue island, party ramada, waterfall, large lounge/sun-decks around heated pool and spillover spa. Visit tourfactory.com/1506661. Inside: details, directions.
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