Are you considering a move to a charming and historic city nestled in the heart of Arizona's mountains? Look no further than Prescott! This city boasts a rich history, breathtaking natural surroundings, and a welcoming community. And with the help of West USA Realty of Prescott, your transition to life in Prescott can be seamless. One of the biggest draws of Prescott is its real estate market. Whether you're in the market for a spacious family home or a cozy retirement cottage, Prescott has options for every budget and lifestyle. The area's mild climate, stunning landscapes, and proximity to outdoor recreation make it a popular choice for retirees, families, and young professionals alike. But what sets Prescott apart from other cities in Arizona? For one, its historic downtown area is a vibrant hub of local businesses and events. You can stroll the tree-lined streets, enjoy a cup of coffee at a quaint café, or catch a show at the historic Elks Theatre. And with a variety ...

  Spring has arrived, and that means more and more people are getting their homes ready to sell. But with recent shifts in real estate, this year’s  spring housing market   will be different from the frenzy of the past several years. To sell your house quickly, without hassles, and for the most money, be sure to follow these four simple tips: 1. Make Sure You Give Buyers Access One of the biggest mistakes you can make as a seller is limiting the days and times when buyers have access to view your home. In any market, if you want to maximize the sale of your house, you can’t limit potential buyers’ access to view it. If it’s not accessible, it could cost you by sitting on the market longer and ultimately selling for a lower price. 2. Make Your Home Look as Good as Possible on the Inside For anything to sell, especially your home, it must look inviting. Your real estate agent can give you expert advice on ideal staging for your home. Even updating a room...

  If you’re  thinking   about selling this spring, it’s time to get moving – the best week to list your house is fast approaching. Experts at realtor.com looked at seasonal trends from recent years (excluding 2020 as an uncharacteristic year due to the onset of the pandemic) and determined the ideal week to list a house this year: “Home sellers on the fence waiting for that perfect moment to sell should start preparations, because the best time to list a home in 2023 is approaching quickly.  The week of April 16-22 is expected to have the ideal balance of housing market conditions that favor home sellers, more so than any other week in the year. ” If you’ve been waiting for the best time to sell, this is your chance. But remember, before you put your house on the market, you’ve got to get it ready. And if you haven’t started that process yet, you’ll need to move quickly. Here’s what you should keep in mind. Work with an Agent To Determine Which Up...

  If you’re thinking about buying a home, you want to know the decision will be a good one. And for many, that means thinking about what home prices are projected to do in the coming years and how that could impact your investment. This year, we aren’t seeing home prices fall dramatically. As the year goes on, however, some markets may go up in value while others may lose value. That’s why it’s helpful to keep the long-term view in mind. Experts project a return to a steadier rate of price appreciation in the years that follow. Home Price Appreciation in the Years Ahead Over 100 economists, investment strategists, and housing market analysts were polled by  Pulsenomics  in their latest quarterly Home price Expectation Survey (HPES). The report indicates what they believe will happen with home prices over the next five years. As the graph below shows, after mild depreciation this year, these experts forecast home prices will ret...

  Once you’ve made the decision to  sell   your house and have  hired   a real estate agent to help, they’ll ask how much access to your home you want to give potential buyers. Your answer matters more now than it did in recent years. Here’s why. At the height of the buying frenzy seen during the pandemic, there was a rise in the number of homebuyers who put offers on houses sight unseen. That happened for three reasons: Extremely low housing inventory A lot of competition from other buyers wanting to take advantage of historically low mortgage rates And general wariness of in-person home tours during a pandemic Today, the market’s changing, and buyers can usually be more selective and take more time to explore their options. So, in order to show your house and sell it efficiently, you’ll want to provide buyers with as much access as you can. Before letting your agent know what works for you, consider these five levels of access you can ...

  Over the past year, home prices have been a widely debated topic. Some have said we’ll see a massive drop in prices and that this could be a repeat of 2008 –  which hasn't happened . Others have forecasted a real estate market that could see slight appreciation or depreciation depending on the area of the country. And as we get closer to the spring real estate market, experts continue to forecast what they believe will happen with home prices this year and beyond. Selma Hepp, Chief Economist at  CoreLogic , says: “ While 2023 kicked off on a more optimistic note for the U.S. housing market, recent mortgage rate volatility highlights how much uncertainty remains. Nevertheless, the continued shortage of for-sale homes is likely to keep price declines modest, which are projected to top out at 3% peak to trough.” Additionally, every quarter,  Pulsenomics  surveys  a panel of over 100 economists, investment strategists, and housing market analysts regardi...

  Though the housing market is no longer experiencing the frenzy of a year ago, buyers are showing their interest in purchasing a home. According to  U.S News : “Housing markets have cooled slightly,  but demand hasn’t disappeared, and in many places remains strong  largely due to the shortage of homes on the market.” That activity can be seen in the latest  ShowingTime Showing Index , which is a measure of buyers actively touring available homes ( see graph below ): The 62% jump in showings from December to January is one of the largest on record. There were also more showings in January than in any other month since last May. As you can see in the graph, it’s normal for showings to increase early in the year, but the jump this January was larger than usual, and a lot of that has to do with mortgage rates. Michael Lane, VP of Sales and Industry at  ShowingTime+ , explains: “It’s typical to see a seasonal increase in home showings in January as bu...