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May 2017 RE/MAX National Housing Report

by Joe Bourland

May 2017 RE/MAX National Housing Report

The brisk start to the 2017 home-selling season slowed down in April with home sales dropping 4.1 percent below March and 4.5 percent below the previous April, according to this month’s RE/MAX National Housing Report.

More than three quarters of the report’s fifty-three metro areas saw April home sales decline year-over-year. By contrast, March posted a 6.6 percent year-over-year spike in sales. Even so, April saw homes sell for more than they did in March in 81 percent of the markets, while 92 percent of the markets saw higher year-over-year sale prices.

“We may be seeing some frustration from buyers,” said Dave Liniger, RE/MAX CEO, Chairman of the Board and Co-Founder“Inventory is tighter than ever, while strong demand keeps driving up home prices. At the same time, many potential sellers may also be reluctant to list their homes because the tight inventory might impact them as buyers. Home buyers and sellers will need to work with experienced real estate agents to navigate this tough market.”

Want to know more about the current real estate market? Click here to download your copy of the May2017 RE/MAX National Housing Report. If you’re thinking of selling or buying a home in Avondale, Litchfield Park, or Goodyear I can help you navigate through each step of the process to assist you with making the best real estate investment decisions. Let the Bourland Team help you with your real estate investment goals.

Joe Bourland
The Bourland Team
RE/MAX Professionals
623-322-8588
info@joearizona.com

www.joearizona.com
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A Poem for Mother’s Day

by Joe Bourland

When I Was a Small Child

By Joao De Leon

When I was a small child

you held my hand and smiled.

When I got hurt I would cry.

you would giggle and dry my eye.

life has difficult decisions and you were my guide.

you taught me how to decide.

you told me that the bad should be denied.

and that family should never be put aside.

When I was a small child.

I was a little wild.

as I grew I've done a few wrong things and it's true.

there's a lot of things I've wanted to tell you.

and when we have problems we always make it through.

but one thing that I want you to know is that

I LOVE YOU.


Happy Mother’s Day!

Joe Bourland
The Bourland Team
RE/MAX Professionals
623-322-8588
info@joearizona.com

www.joearizona.com
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You’ll Flip Over Skatefest 2017 at Goodyear Skate Park!

by Joe Bourland

You’ll Flip Over Skatefest 2017 at Goodyear Skate Park!

Calling all skaters! You’ll flip over Skatefest 2017 at Goodyear Skate Park on Friday, May 12th from 7:00 pm to 9:30 pm. Skateboarders of all ages and skill levels are invited to come out to SkateFest 2017 located at 3151 N Litchfield Road, Goodyear. The free festival brings skaters from all over the valley to showcase their skills, learn new tricks, and enjoy the culture around skateboarding.

SkateFest will feature demonstrations by pro and semi-pro skateboarders; a ‘best trick’ contest; a period of open skateboarding; raffles; and food for sale. Helmets are strongly encouraged to ensure safety. All City of Goodyear parks are smoke and tobacco-free to provide park visitors with healthier, more pleasant environments.

If witnessing tricks, flips, jumps and skating demos by professional and semi-professional skateboarders sounds like your ideal Friday night, then don’t miss Skatefest 2017 in Goodyear. For more details visit goodyearaz.gov. And for fun things to do in Goodyear, or if you want to buy a home in Goodyear, please contact The Bourland Team today.

Joe Bourland
The Bourland Team
RE/MAX Professionals
623-322-8588
info@joearizona.com

www.joearizona.com
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April 2017 RE/MAX National Housing Report

by Joe Bourland

April 2017 RE/MAX National Housing Report

March launched the home-buying season with post-recession records for increasing home sales and prices and decreasing inventory, according to this month’s RE/MAX National Housing Report that surveys fifty-three metro areas. Last month, home sales were 6.6 percent higher than the nine-year-old report’s previous March record, set in 2016. Thirty-eight of the fifty-three metro areas in the report showed year-over-year increases.

Meanwhile, Months Supply of Inventory dropped below three months for the first time in the history of the report, indicating a market that greatly favors sellers, as six months is considered a balanced market. Active inventory continued to decline, dropping 17 percent year-over-year. As a result, the Median Sales Price of $225,000—also a March record—was up eleven percent year-over-year. This was the twelth consecutive month of year-over-year price increases.

“We expect a seasonal uptick in sales this time of year and March certainly met and somewhat exceeded that expectation,” said Dave Liniger, RE/MAX CEO, Chairman of the Board and Co-Founder. “We don’t anticipate the tightening inventory to ease up in most markets until new home construction can catch up to its pre-recession pace. Until then, sellers will enjoy a fast-paced market and buyers will need to work with their agents to get in the right home.”

Want to know more about the current real estate market? Click here to download your copy of the April 2017 RE/MAX National Housing Report. If you’re thinking of selling or buying a home in Avondale, Litchfield Park, or Goodyear we can help you navigate through each step of the process to assist you with making the best real estate investment decisions. Let the Bourland Team help you with your real estate investment goals.

Joe Bourland
The Bourland Team
RE/MAX Professionals
623-322-8588
info@joearizona.com

www.joearizona.com
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Proudly Celebrating 25 Years of Miracles

by Joe Bourland

Proudly Celebrating 25 Years of Miracles

Every minute, 62 children enter a Children’s Miracle Network Hospital for treatment; every 30 seconds, a RE/MAX agent helps someone find their perfect place. Since 1992, RE/MAX agents and brokers have invested in the well-being of their local communities by raising more than $150 million for 170 Children’s Miracle Network Hospitals.

In 2016, RE/MAX Affiliates in the U.S. and Canada donated over $10 million to 170 Children’s Miracle Network Hospitals through the Miracle Home and Miracle Property programs. Here at RE/MAX Professionals, our agents donated over $40,000 to our local Phoenix Children’s Hospital last year.

“Each year I am more inspired by RE/MAX associates who support Children’s Miracle Network Hospitals,” said John Lauck, the organization’s president and CEO. “They provide much-needed donations to help hospitals care for sick and injured kids in their own communities. August’s Month of Miracles is a time for us to celebrate RE/MAX associates for 23 years of miracles. We are grateful for all they do.”

For every home that is sold, a part of our commission is donated to PCH in your honor. We have you to thank for this prestigious recognition, because without your continued trust in us as your preferred real estate company, we would not be able to make this kind of impact for the children in our community.

Here is to celebrating another 25 years of miracles. The Bourland Team thanks you for making that possible.

Joe Bourland
The Bourland Team
RE/MAX Professionals
623-322-8588
info@joearizona.com

www.joearizona.com
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10 “Egg-straordinary” Easter Quotes That Will Make You Smile

Today is Easter and in spirit of the fun, festive holiday, here are 10 fun Easter quotes that’ll give you a giggle. Cause who doesn’t need a reason to laugh a little?

1.) “I lied on my Weight Watchers list. I put down that I had 3 eggs... but they were Cadbury chocolate eggs.” Caroline Rhea

2.) “I’ve hidden all the Easter candy for the kids inside my stomach.”

3.) “If you care about your weight and health during the Easter you should only eat the white part of the Cadbury crème eggs.”

4.) "There's nothing better than a good friend, except a good friend with CHOCOLATE."  Linda Grayson, "The Pickwick Papers"

5.) "All I really need is love, but a little chocolate now and then doesn't hurt!"  Lucy Van Pelt, "Peanuts"

6.) “If you get melted chocolate all over your hands, you're eating it too slowly.”

7.) "My mom used to say that Greek Easter was later because then you get stuff cheaper."  Amy Sedaris

8.) “It’s a pity your celebration of March 28th has become a remembering where you hid the Easter eggs.”

9.) “Easter is the single time in a year when it is safe to put all your eggs in one basket.”

10.) “What if happy thoughts would multiply like rabbits?”

The Bourland Team hopes you have a wonderful weekend and a Happy Easter!

Joe Bourland
The Bourland Team
RE/MAX Professionals
623-322-8588
info@joearizona.com

www.joearizona.com
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Don’t Miss the Easter Egg-stravaganza at the Wigwam

by Joe Bourland

Don’t Miss the Easter Egg-stravaganza at the Wigwam

Looking for a fun free Easter egg hunt in Litchfield Park? Don’t miss the Easter Egg-stravaganza at the Wigwam this Saturday, April 15th from 9:00 am – 12:00 pm. A west valley community favorite, The Wigwam Egg-stravaganza offers tons of fun for the whole family!

The Easter Bunny will arrive by helicopter to get the festivities started right on the Wigwam front lawn located at 300 East Wigwam Blvd., Litchfield Park. Guests are encouraged to bring their camera to capture the special moment with the Easter Bunny. Kids of all ages can enjoy fun games, a petting zoo, egg coloring, face painting, egg hunt, an Easter Parade Fashion Contest and more!

The Wigwam Egg Roll and Easter Festival will also feature music and live entertainment. The Wigwam, which has been beloved by generations for eighty-five years, serves as an Arizona landmark and Historic Hotel of America and makes the perfect venue for this returning Easter festival. To learn more about the Wigwam’s Easter Egg-stravaganza click here. And for more information about things to do in the west valley and Litchfield Park events contact The Bourland Team today. Happy Easter!

Joe Bourland
The Bourland Team
RE/MAX Professionals
623-322-8588
info@joearizona.com

www.joearizona.com
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Beautifully Remodeled Pebble Creek Home for Sale

by Joe Bourland

Beautifully Remodeled Pebble Creek Home for Sale

Price reduced! This beautifully remodeled Pebble Creek home for sale in Goodyear is a must see! The spacious 2, 100 square foot two bedroom, two bath home includes freshly painted interior and a den with custom built-ins. The welcoming kitchen features white kitchen cabinets with brushed nickel hardware, a glass mosaic backsplash that blends seamlessly with solid granite counters and stainless steel appliances as well as an eat-in kitchen and built-in desk area.

This Goodyear gem of a home also has separate living, dining and family rooms and a spacious master bedroom with glass patio door. The master bath has beautiful walk-in shower, with stone and glass tile accents, double sinks and large walk-in closet. The oversized second bedroom has a guest bathroom with custom tile tub/shower surround with glass doors and custom granite vanity. The huge laundry room contains plenty of storage and custom granite counters. And you’ll fall in love with the private yard with a custom BBQ island and fridge. There’s also a brand new Whirlpool gas hot water heater.

Located in the sought after adult community of Pebble Creek, this beautifully remodeled Goodyear home is the perfect place to call your own. If you’d like to schedule a private showing of 3186 N SNEAD Drive Goodyear, AZ 85395, please contact The Bourland Team today!

Joe Bourland
The Bourland Team
RE/MAX Professionals
623-322-8588
info@joearizona.com

www.joearizona.com
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Home prices at a new high this spring

by Joe Bourland

Home prices at a new high this spring

Home prices are at a new high despite a record low inventory according to the March 2017 RE/MAX National Housing Report. The average Days on Market for homes sold in February 2017 was sixty-eight, up two days from the average in January 2017, but down seven days from the February 2016 average. Days on Market is the number of days between when a home is first listed in an MLS and a sales contract is signed.

February 2017 had a decline in home sales from this time last year, which posted the most sales in the nine-year history of the report. Less than half of the markets experienced an increase in sales year-over-year. Meanwhile, active inventory reached a record low for February, dropping 17.9 percent year-over-year. As a result, the Median Sales Price of $212,000 was up six percent year-over-year. This is the eleventh consecutive month of year-over-year price increases.

“Inventory, not the rise in interest rates, remains the principal constraint on home sales. The resale market is driven dramatically by the availability of new homes. Most U.S. markets have a high demand for new home construction, and although it’s good to see housing starts trending upward, we still need more.” ­ Dave Liniger, RE/MAX CEO, Chairman of the Board and Co-Founder.

Click here for more information or to download your own copy of the March 2017 RE/MAX National Housing Report. If you’re thinking of selling or buying a home in Avondale, Litchfield Park, or Goodyear The Bourland Team can help you navigate through each step of the process to assist you with making the best real estate investment decisions. Let us help you with your real estate investment goals.

Joe Bourland
The Bourland Team
RE/MAX Professionals
623-322-8588
info@joearizona.com

www.joearizona.com
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3 Hacks for Buying a Home You Can Really Afford

by Joe Bourland

3 Hacks for Buying a Home You Can Really Afford

Buying a home in the West Valley? For many, buying a home is the biggest financial investment of our lives — and the process is far from simple. Everything from locating the right REALTOR® to making an offer on a home can be an overwhelming task if you’re unprepared. Even if you’ve been through the home buying process before, you can still be taken back by updated home buying guidelines. So here are 3 hacks for buying a home you can really afford.

1.) Get pre-approved: It’s important to determine how much of a mortgage you can truly afford by getting pre-approved through a lender or mortgage broker. Getting a pre-qualification letter from a mortgage lender before you even start hunting for a home will help determine what you can afford. It’s best to aim for a home that costs less than the maximum amount for which you qualify and stick to that limit. A good rule of thumb is to make sure make sure the total monthly payment doesn't consume more than thirty percent of your take-home pay.

2.) Watch your credit: Your credit report and you should be on good terms before buying a home. Good credit can mean significantly lower monthly payments, so if your credit score needs some work, you may want to delay buying a home until you’ve rebuilt or repaired your credit. Address any discrepancies on your report and see if you can negotiate lower amounts to pay back with creditors.

3.) Make a down payment plan: Not every mortgage loan requires a down payment, but if you’d like the opportunity to have lower mortgage payments then it’s best to have one. Putting down anything lower than twenty percent means paying for private mortgage insurance (PMI) which can cost between 0.3 percent and 1.50 percent of your mortgage depending on the side of your down payment and your credit score.

When you’re ready to buy a home in the West Valley, Avondale, Goodyear, Litchfield Park or the greater Phoenix area, be sure to contact The Bourland Team, your one-stop shop for real estate services. Our award winning real estate team will meet and exceed your expectations!

Joe Bourland
The Bourland Team
RE/MAX Professionals
623-322-8588
info@joearizona.com

www.joearizona.com
Search our Listings
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Displaying blog entries 1-10 of 188

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Joe Bourland, PC
RE/MAX Professionals
10320 W. McDowell Road, Suite B2005
Avondale AZ 85392
602-497-4777
Fax: 623-505-4222

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