REAL ESTATE
GILBERT SUN NEWS | MAY 16, 2021
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On fence about buying or selling? Get off it now BY MINDY JONES NEVAREZ GSN Guest Writer
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ypically our busiest season in real estate, not a day goes by in May that we don’t get a text or email asking us if now is a good time to buy a home. It’s not surprising that many people are unsure about what the market has to offer them after seeing post after post on social media about the difficulty of finding a home in the Gilbert area, let alone one with a pool, one within walking dis-
Melanie Nemetz
tance to a specific school district, or one with enough bedrooms for the whole family. With just 86 active single-family homes in all of Gilbert – 39 with a pool and 32 of those with at least four bedrooms - I can understand the fear. But when I look at that those numbers, I can also feel the opportunity in my bones. You don’t have to go any farther than the newest residents of your neighborhood to confirm that yes, it is a good time to buy. Annual appreciation based on monthly average price per square foot topped 35 percent this week – meaning that your neighbor who thought she was overpaying at $525K is looking at a $183K gain
The sign you want, the Realtor you need. See Page 3
in value. You don’t have to ask more than one renter who has been told their lease is not getting renewed or worse, their lease is going up 15 percent a month on renewal before being assured that yes, it is a good time to buy. Stability in your monthly payment and your ability to choose when you make a move are significant reasons why starting your home ownership journey in THIS market can help to end the cycle of uncertainty in your housing situation. Homes will never be more affordable
than they are today as prices rise, interest rates rise, and appreciation hits an all-time high (at least so far) – meaning that whether you are buying your first home, building your second or starting your rental portfolio, yes, it is a good time to buy. In an attempt to offset the challenges our profitable market has created for us, we have become ground zero for wall street backed companies with a lot of
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SPO OTLIGHT home
Welcome to Marbella Vineyards in Gilbert! Amy Jones Group
Listed for $825,000!
Our extensive, high quality marketing of your home combined with our thorough preparation of listing the home for sale, will help your home sell faster and for more money. Here is a sample of the marketing for our listings: ◆ Home Staging Report by Interior Designer & Stager ◆ Professional video of home ◆ Professional photos of home ◆ Twilight photos ◆ Community photos ◆ Aerial drone video/photos ◆ 3D Interactive floor plan - Matterport www.fosteringre.com Each office is independently owned and operated ◆ Open house first weekend on the market
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