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Patterson Group's Real Estate Blog

Think Prices Have Skyrocketed? Look at Rents.

Much has been written about how residential real estate values have increased since the housing market started its recovery in 2012. However, little has been shared about what has taken place with residential rental prices. Let’s shed a...

The post Think Prices Have Skyrocketed? Look at Rents. appeared first on Patterson Group's Real Estate Blog.

Planning on Buying a Home? Be Sure You Know Your Options.

When you’re ready to buy, you’ll need to determine if you prefer the charm of an existing home or the look and feel of a newer build. With limited existing home inventory available today, especially in the starter and middle-level...

The post Planning on Buying a Home? Be Sure You Know Your Options. appeared first on Patterson Group's Real Estate Blog.

2 Myths Holding Back Home Buyers

In a recent article, First American shared how millennials are not really any different from previous generations when it comes to the goal of homeownership; it is still a huge part of their American Dream. The piece, however, also reveals,...

The post 2 Myths Holding Back Home Buyers appeared first on Patterson Group's Real Estate Blog.

How Long Can This Economic Recovery Last?

The economy is currently experiencing the longest recovery in our nation’s history. The stock market has hit record highs, while unemployment rates are at record lows. Home price appreciation is beginning to reaccelerate. This begs the question: How long...

The post How Long Can This Economic Recovery Last? appeared first on Patterson Group's Real Estate Blog.

The Cost Across Time [INFOGRAPHIC]

Some Highlights: With interest rates around 3.66%, now is a great time to look back at where they’ve been over the past few decades. Comparatively, they’re pretty low! According to Freddie Mac, rates are projected to increase to 3.9% by...

The post The Cost Across Time [INFOGRAPHIC] appeared first on Patterson Group's Real Estate Blog.

7 Reasons to List Your House This Holiday Season

Around this time each year, many homeowners decide to wait until after the holidays to list their houses. Similarly, others who already have their homes on the market remove their listings until the spring. Let’s unpack the top...

The post 7 Reasons to List Your House This Holiday Season appeared first on Patterson Group's Real Estate Blog.

Is A Bigger House Within Your Budget?

At this time of year, many families come together to celebrate the season. It’s also the time when many realize their homes are just not quite big enough to host all of their guests and loved ones. Are...

The post Is A Bigger House Within Your Budget? appeared first on Patterson Group's Real Estate Blog.

What is the Best Investment for Americans?

Some are reporting that there is trepidation regarding the real estate market in the United States. Apparently, the American people are quite comfortable. Porch.com, a major network helping homeowners with their renovation projects, recently conducted a survey which asked Americans:...

The post What is the Best Investment for Americans? appeared first on Patterson Group's Real Estate Blog.

Home Sales Expected to Continue Increasing In 2020

Freddie Mac, Fannie Mae, and the Mortgage Bankers Association are all projecting home sales will increase nicely in 2020. Below is a chart depicting the projections of each entity for 2019, as well as for 2020.As we can see, Freddie Mac, Fannie Mae, and the Mortgage...

The post Home Sales Expected to Continue Increasing In 2020 appeared first on Patterson Group's Real Estate Blog.

62% of Buyers Are Wrong About Down Payment Needs

According to the ‘2019 Home Buyer Report’ conducted by Nerdwallet, many first-time buyers still believe they need a 20% down payment to buy a home in today’s market: “More than 6 in 10 (62%) Americans believe you must put at least...

The post 62% of Buyers Are Wrong About Down Payment Needs appeared first on Patterson Group's Real Estate Blog.




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Location & Address

David and Donna Patterson
34406 N 27th Drive #140
Phoenix, AZ
623-692-6998