Doug Knauer Realtor

With interest rates dropping and inventory up, don't miss your chance to make your move!! Give me a call or text at (567) 454-1668

Building equity is a critical part of homeownership that can help you create financial stability over time. Visit My Home to calculate yours today.
https://bit.ly/3LWmwHw

Shoes, like your home, need to fit just right! Happy Friday!

It's Friday! If you visited me because you received a post card, Thank-you for the visit! If you're looking to sell or want a market analysis of your home, just let me know! If you just happened upon my page and would like more information on buying a home or selling your home, please send me a message or just call/text me!

🌟 Now is the Time to Buy a House! 🏡🌟

Thinking about buying a home? There's no better time than NOW, especially in Southern Arizona! 🚀

📈 Inventory is on the rise, meaning more choices for you! 🏠✨ The once sizzling sellers' market is cooling down, offering you better opportunities and negotiating power. 🌵🔑

Don't miss out on finding your dream home with more options and less competition. Whether you're a first-time buyer or looking to upgrade, the perfect home is waiting for you. Start your journey today and make Southern Arizona your new address! 🏜️❤️

Two states are considering abolishing property taxes entirely in 2024.

Soaring home values are great news for homeowners, as they often see their equity increase. However, this rise in value can lead to unexpected challenges, particularly with rising property tax bills.

To address this issue, several states are implementing measures to help ease the burden on homeowners by capping annual increases in property tax revenue or assessment values.

In November, voters in Colorado and Georgia will decide on two proposals aimed at this goal. Additionally, Alabama, Wyoming, and Kansas have already passed new laws this year to limit future property tax increases for homeowners. Other states are also considering targeted exemptions and carve-outs to provide further relief.

$18,118 is the average hidden cost of owning and maintaining a single-family home in the U.S. every year, according to a recent study from Bankrate. 💰

According to Bankrate, "Everything has become more expensive in the past four years. Home prices have risen by 40% since the beginning of the pandemic. In March 2020, the median price of an existing home was $280,700, according to the National Association of Realtors. By March 2024, that figure had reached $393,500."

Moreover, insurance costs have surged, driven by escalating home values, rising construction expenses, and more frequent natural disasters, further squeezing homeowners.

Most expensive states:
1. Hawaii
2. California
3. Massachusetts
4. New Jersey
5. Connecticut

Least expensive states:
1. Kentucky
2. Arkansas
3. Mississippi
4. Alabama
5. Indiana

Pending Sales in May 2024 Hit a New Low May’s pending home sales fell 2.1% from last month and decreased 6.6% from a year ago.

Hopefully we will see this continue to trend in the right direction.

Lower rates boost homebuyer demand for 3rd week in a row Mortgage rates have been on the decline since late April, as closely watched data releases suggest the economy is cooling and that the Fed may start cutting rates as soon as September.

In May 2024, pending home sales fell 2.1% month-over-month.
https://www.nar.realtor/newsroom/pending-home-sales-dropped-2-1-in-may

This was me over the holiday weekend 😂😂

Instant Reaction: Facts: The 30-year fixed mortgage rate from Freddie Mac averaged 6.94% over the last week. At this rate, with 20% down, a mortgage payment on the median-priced $433,500 new home is $2,293, and $407,600 on an existing home is $2,156. https://bit.ly/3yFmcJD

Open House!

https://dashboard.listerassister.com/anon/website/593211

In March 2024, pending home sales rose 3.4% month-over-month. NAR forecasts 4.46 million existing-home sales in 2024, a 9% increase from 2023.
https://www.nar.realtor/newsroom/pending-home-sales-ascended-3-4-in-march

Spring marks the start of homebuying season, but is now a good time to buy? 🏠🌷 Get the full picture and our verdict on My Home.
https://myhome.freddiemac.com/blog/homebuying/is-now-a-good-time-to-buy

Jessica Lautz, NAR Deputy Chief Economist and Vice President of Research, reacts to this week's mortgage rates.

https://dashboard.listerassister.com/anon/website/593211

Open House Thursday 3/28 from 11-2pm.

870 W Calle De La Pelotita, Green Valley, AZ 85614 Step into luxury with this impeccably remodeled San Francisco II floor plan with 1318 square feet of living space. Inside, discover private bedrooms with primary baths with nice roomy feel. Additionally, a versatile small office/den offers a perfect space for work or leisure pursuits. The heart of t...

A city famous for its beaches is helping residents age in place. What to know if you want to stay in your home Most adults would prefer to age in place, but high costs and lack of access to care can get in the way. New community programs aim to overcome those obstacles.

Instant Reaction: Mortgage Rates, January 4, 2024. "Mortgage interest rates remained nearly flat as the new year began. After mortgage rates dropped incrementally for 9 weeks, they increased a hair to 6.62% from 6.61%." http://spr.ly/6182Rit9M

Jessica Lautz, NAR's Deputy Chief Economist and Vice President of Research, reacts to interest rates for a 30-year fixed mortgage dropping below 7%.

NAR Finds Typical Home Buyer's Annual Household Income Climbed to Record High of $107,000 in Wake of Rising Home Prices and Mortgage Rates Buyer income annual increase of 22% is largest on record (from $88,000 in 2022 report); down payments jumped to highest percentages in two decades.

WOW!! Look at these incentives!! 3.875% interest rate or $40,000 towards closing costs!! The incentives last until October 31 2023 and then they are gone! Take a New Home Tour! Happening this weekend 10/21 and 10/22 from 10am to 4pm!

🌵 Discover the Serene Beauty of Green Valley, AZ! 🌵

Are you ready to make your dream of living in the heart of the Sonoran Desert a reality? Look no further than Green Valley, AZ, a picturesque desert oasis that offers a unique and vibrant lifestyle.

🏡 Explore our selection of exquisite properties and experience:

✅ Majestic Mountain Views 🏞️
✅ A Golfer's Paradise ⛳
✅ Active Adult Communities for a Leisurely Retirement 🏌️‍♂️
✅ Fantastic Hiking and Outdoor Adventures 🥾
✅ Breathtaking Sunsets 🌅

Whether you're looking for a peaceful retirement haven, a warm winter escape, or a family-friendly community, Green Valley has it all! Let our experienced real estate experts guide you on your journey to your perfect home.

Contact us today to schedule a private tour of available listings or to learn more about the Green Valley lifestyle. Your desert dream home awaits! 🏠

I am hosting another Open House this weekend! My last Open House is under contract!!

Repairing your home, no matter how small, could increase its value! We talk to REALTOR® Natalie Davis this week on Real Estate Today about applying 2% of your home's value to maintenance once a year and more! Listen here:http://spr.ly/6182u60qk

26% of buyers had all-cash sales, unchanged from last month and up slightly from 24% in July 2022. Homes listed received an average of 3.0 offers, down from 3.5 last month and up from 2.8 offers in July 2022. http://spr.ly/6189PWgZx

26% of buyers had all-cash sales, virtually unchanged from last month and June 2022. Buyers continue to look outside of city centers for the majority of their activity at 87%. http://spr.ly/6188PruGm

Shout out to Green Valley Garage Doors for having excellent service and professionalism. Job well done this morning on the broken spring on my garage door!

🎆 Happy 4th of July, everyone! 🇺🇸🎉

As we celebrate this special day, let's take a moment to honor the spirit of freedom and independence that our nation holds dear. 🗽✨

And what better way to celebrate than by ensuring the safety of our loved ones while enjoying some fun-filled festivities? Here's a quick reminder to make this 4th of July a safe and memorable one:

1️⃣ Prioritize Safety: Whether you're hosting a BBQ, watching fireworks, or attending community events!

2️⃣ Protect Your Home: Fireworks can be beautiful, but they can also pose a fire hazard. Ensure that you take the necessary precautions to keep your property and loved ones safe. Keep a bucket of water nearby, extinguish fireworks properly, and be mindful of your surroundings.

3️⃣ Real Estate Opportunities: On this occasion, let's also take a moment to discuss an exciting topic—real estate! As we gather with family and friends, it's a great time to reflect on our living spaces and consider our future goals. If you're thinking about buying or selling a home, I'm here to help! Let's connect and explore the amazing opportunities in the real estate market together.

4️⃣ Gratitude and Reflection: Independence Day is not only about celebration but also a time to reflect on the incredible opportunities and freedoms we enjoy. Let's express gratitude for our beautiful country and appreciate the hard work and sacrifices that have made it possible.

Wishing you all a safe, joyful, and memorable 4th of July! 🎇✨