Jennings Group Real Estate

We Love Real Estate and it Shows!!!
25 years experience representing Buyers and Sellers in the Prescott area!

Another seller Happy with our service and getting their Home sold!!! 🏠

Just Sold - Home Located in the Ranch of Prescott

Sold - Historic Home next to Granite Creek in the beautiful area of the Granite Dells

Historic Home located next to Granite Creek in the Granite Dells of Prescott - SOLD -

Hope to see you at our Open House today - 1724 Baltic Ave, Prescott

New Listing in Cliff Rose Subdivision, Close to Downtown Prescott, Enjoy the picturesque Willow Lake with hiking trails a natures lover oasis. Watson Lake surrounded by granite boulders, boating, fishing and recreational activities. Look forward to showing you this lovely home

1724 Baltic Avenue, Prescott, AZ 86301 Situated in the heart of Prescott, Cliff Rose Subdivision offers easy access to all the amenities that Prescott has to offer w/nearby parks,Watson&Willow lakes,while still enjoying a peaceful suburban setting.Picturesque Views from this beautiful well cared for 2 bedroom,2 bath split floor plan home...

May the Blessings of Each Day be the Blessings you need the most.... Irish Blessing to all🍀🍀🍀

Open House today from 11-2. Come and see us at this beautiful move in ready home! 3375 N Robert Rd, Prescott Valley

Congratulations to the sellers of this beautiful home!!! It was a pleasure representing our sellers....full price offer!!! YAY!!!

Dennis and I are happy and proud to have received our Military Homeownership Expert Certification. With Dennis being a Veteran, this is very personal to him. We are always continuing our education to better serve our clients. Thanks for your support and loyalty!!! ❤️❤️❤️

New Listing an absolute Dream Oasis - Accepted Offer in 1 Day - WOW!!!

www.flexmls.com

May is a time for planting flowers and a time to enjoy the beauty they bring!!!!🌺

Make your Yard beautiful!!!!!

How to Prepare Your Home & Garden for Spring - Blog | Realty Executives It's time to prepare your home and garden for the coming season. In this article, you'll find tips on how to prepare for spring weather.

Enjoy learning about new ways to organize and maximize areas. Hope you enjoy this article

Maximizing Small Spaces for Storage - Blog | Realty Executives Living in a small space can be tough. In this post, we'll share seven tips for maximizing small spaces for storage and organization.

Its Springtime and a great time to sell your home - Call us Today!!!
928-273-0061

Happy Vietnam Veterans Day - Thanks for your service and sacrifice - Welcome Home 🇺🇸🇺🇸🇺🇸

Your Prescott Az Real Estate Experts!!!

New Ideas for a New Year

Kitchen Trends in 2023 - Blog | Realty Executives We've rounded up just a few of the top kitchen trends for 2023 to keep your eyes on to create a space that is both functional and aesthetically pleasing.

Mortgage rate buydowns are making a comeback we are starting to see this trend here in Prescott

Report: Record total of seller concessions in fourth quarter

Bailey Schulz

USA TODAY

Anna Raymond was ready to make the switch from renting to owning a home last spring.

But after five failed offers, she and her husband decided to take a step back from house hunting.

Then, in December, their real estate agent presented an offer too good to pass. A home in Longmont, Colo., was up for sale, and the seller was willing to offer a 2-1 interest rate buydown.

The concession would lower the Raymonds’ 5.75% contract interest rate 2% in the first year and 1% in the second year, so they’ll pay just 3.75% interest in the first year and 4.75% in the second year before returning to 5.75% in the third. Raymond said they expect to save about $250 a month during their first year as homeowners.

“I think for them, they just wanted a quick sell and for us, we wanted a good price. And so we were able to both be happy in the process,” Raymond, 28, said. “We figure we can refinance within a couple of years and, worst-case scenario, if we don’t, our salaries will catch up.”

Though buyers can’t be sure interest rates will drop by the time they’re ready to refinance, mortgage rate buydowns have become a popular strategy to attract buyers who may otherwise be hesitant to purchase a home under today’s high interest rates.

What are mortgage rate buydowns?

A recent report from RedFin found a record number of seller concessions – offers like mortgage rate buydowns that help reduce costs – in the fourth quarter, especially among cooling “pandemic boomtowns” like Phoenix and Las Vegas.

“About almost 100% of the clients that I’ve had the opportunity to work with since the fourth quarter of last year, even now, are exercising that interest rate by concession from the seller,” said San Diego-based real estate agent Andre Mejia of Connect Realty. “The market has finally shifted.”

Are mortgage buydowns worth it?

Now that high interest rates have cooled housing demand, gone are the days of abundant bidding wars and all-time-high listing prices.

“Sellers don’t want their houses to sit on the market,” said Bud Kawa, a Detroit-based realtor at Brick and Stone Real Estate. “They are willing to help out buyers more than they were in the last year.”

Buyers received concessions in 42% of home sales in the fourth quarter, according to RedFin’s January report. It’s the highest quarterly share since at least July 2020, when the real estate brokerage started keeping record.

“We still have some demand, but houses are staying on the market significantly longer than what people were used to,” Washington-based real estate agent Howard Veal of Home Realty Ventures at Keller Williams Puget Sound told USA TODAY. “So the lenders, as they often do, got creative.”

Though a majority of buydowns are negotiated between buyers and lenders, sellers and builders also can offer the concession to attract buyers without reducing the listing price. It can be a major incentive after interest rate hikes; the average 30-year fixed-rate mortgage rate as of Thursday was 6.15%, up from 3.56% the same week a year ago, according to Freddie Mac.

Monday Thoughts to Brighten your Day 🌞🌷🌺🌻🌼

What's your weather like? Mild here in Prescott, AZ Click the link for our 10 day forecast😀☀️⛅️

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Western Lifestyle revealed in my photos

I’ve always been fascinated with the western lifestyle. I love putting on my cowboy boots and wranglers. I especially enjoy how much taller I am when I put on my boots. As I’ve mentioned in the past, I actually do not ride horses but enjoy spending time with them whenever possible. In the past few years I’ve become friends with Kim McElroy and Dave Pawel over at Broken Horn D Ranch here in Prescott, AZ.

https://jodylmiller.com/western-lifestyle-photography/

New Listing in the highly Desired Yavapai Hills of Prescott AZ Contact us to see this stunning move in ready home!!!!

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Even though we have all cooked many of hams throughout the years I find it helpful to read articles on new ways and suggestions to make the main course Superb!!!! Happy New Year

Making the Perfect Ham for the Holidays - Blog | Realty Executives The holiday season is the time for many festivities, but they all have something in common: food! Read about one staple holiday food this season- ham.

Pre-Winter Home Maintenance - Blog | Realty Executives The change in seasons is a reminder that winter weather is around the corner, and it is time for some quick home maintenance chores.

Happy Halloween - Hope your day is Spooktacular and a real Thriller 🎃👻💀☠️🎃

Fall Time is Here and Now is time to get ready for the Holidays!!!! Cheers!

Holiday Decor on a Budget - Blog | Realty Executives As fall approaches, there are many holidays to prepare for. We'll share tips on how to add to your holiday decor while sticking to a budget!

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Executive Event: “Legal Issues”

New Price Adjustment on this beautiful Home with Views and RV Parking. Call us today to schedule an appointment!!!

9860 E Catalina Drive, Prescott Valley, AZ 86314 Amazing Classic Ranch Style Home w/Amazing Unobstructed Mountain Views that showcase the ideal setting. Great curb appeal that leads into this updated home w/attention to detail. Living Room boasts luxurious hardwood floors, gas fireplace, open to Dining Room w/views from the spacious windows. Walk....