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Top 3 Reasons to Buy a Home During the Holidays

by The Russo Team

Top 3 Reasons to Buy a Home During the Holidays

The holidays are here and this is the time known for spending money on all things festive: gifts, celebrations, and more. So why shouldn’t buying a home be on your holiday shopping list as well? Though selling a home in the winter is a traditionally sluggish time in the real estate market, you’d be surprised what you could find. Here are the top 3 reasons to buy a home during the holidays.

1.) Top Notch Deals: Homeowners who are selling in wintertime are likely to be looking to sell quickly and move on. And motivated sellers usually mean more negotiation and better deals.

2.) New Year Savings: Under current law, homeowners can itemize and deduct the interest paid on their mortgages up to the first $1 million, if their loan is used to buy or improve a first or second home. If you end up closing on a new home at the beginning of the New Year, you’ll be able to take a deduction on an entire year’s worth of mortgage interest.

3.) Less Competition: Though spring is typically thought of as the most popular home buying season, so winter home buying may provide you with less competition as you search for your perfect home. Most buyers take the month off to celebrate the holidays, attend parties, host out-of-town guests and, quite frankly, avoid trudging around in inclement weather to look at houses. Shopping for real estate at a time when fewer buyers are in the market can pay off big.

Are your ready to buy a home this holiday season? Let The Russo Team guide you every step of the way through the real estate experience.

Frank Russo

Russo Team

RE/MAX Professionals

www.RussoTeam.com
602-864-1200

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November 2017 RE/MAX National Housing Report

by The Russo Team

November 2017 RE/MAX National Housing Report

Despite record low inventory for the month, October home sales increased 2.5 percent year-over-year and kept 2017 prices ahead of 2016, according to this month’s RE/MAX National Housing Report. Thirty-seven of the fifty-three metro markets in the November RE/MAX National Housing Report posted sales increases over October 2016. Meanwhile, inventory gauges were at their lowest point for an October in the report’s nine year history.

The Months Supply of Inventory dropped to 3.3 – the lowest for any October in this housing report. It was mirrored by the Days on Market average of fifty-one days, also a new low for October for the report and a full week faster than the selling rate of homes in October of last year.

The Median Sales Price of $224,000 increased 3.3 percent over last October and was $19,000 higher than the same month in 2015. The median price remained on a par with the prices of last spring that kicked off the peak summer selling season.

“The housing market is steady and at least somewhat predictable with record-low inventory and increasing prices in markets across the country,” said Adam Contos, RE/MAX Co-CEO. “With job growth and increased household formation, buyers will struggle and may even be priced out of the market until home building catches up.”

The average Days on Market for homes sold in October 2017 was fifty-one, up two days from the average in September 2017, and down seven days from the October 2016 average. To access the housing report infographic, visit: rem.ax/2cYFT50.

Looking to sell your Phoenix home or buy a home in Phoenix? Contact The Russo Team today and receive a complimentary analysis of your home’s approximate present value on the market today. Your complete satisfaction with our service and representation is always our number one priority!

Frank Russo

Russo Team

RE/MAX Professionals

www.RussoTeam.com

602-864-1200

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The Russo Team Newsletter December 2017

by The Russo Team

Please enjoy The Russo Team December 2017 Newsletter.


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Download your copy here:  http://www.russoteam.com/agent_files/171121_RussoNewsletter_Dec17_4UP_v1.pdf

 

Frank Russo

Russo Team

RE/MAX Professionals

www.RussoTeam.com

602-864-1200

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Toy Drive for Phoenix Children’s Hospital

by The Russo Team

Toy Drive for Phoenix Children’s Hospital

With Thanksgiving just around the corner, The Russo Team is putting the thanks back in thanksgiving by partnering with Phoenix Children's Hospital for their annual toy drive! Please help us reach our goal of donating 1,000 toys to kids in need to celebrate the holidays, birthdays, treatment milestones, and to supply the playrooms.

All donated toys and items must be new and in the original packaging. Used toys and items cannot be given to patients. There is always a higher need for infant toys, and teens enjoy gift cards the most.  Please do not wrap toys, based on regulations surrounding Infection Control. Please avoid donating items such as: Play guns or war toys, Latex balloons, Scary action figures, Candy, gum, or other food, or used toys or books.

Please drop off any new, unwrapped toys to The Russo Team office at 20241 N. 67th Ave., Glendale, AZ during the week of December 4th through 8th between 8:30am and 5:00pm. For specific information regarding which toys and items are in the highest demand, please visit: http://www.phoenixchildrens.org/patients-visitors/child-life-wish-list/toy-drive-child-Life

If you have any questions, please contact Lianne at (602)463-1730. On behalf of The Russo Team, we thank you for your support and wish you and yours a safe and Happy Thanksgiving!

Frank Russo

Russo Team

RE/MAX Professionals

www.RussoTeam.com

602-864-1200

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Following Through With Our Commitment

by The Russo Team

Following Through With Our Commitment

Looking to buy or sell your Phoenix home? The Russo Team will support you every step of the way to make your real estate experience better than you could have ever expected. With over thirty years of experience in the real estate industry, The Russo Team has helped our clients buy and sell over 5,000 homes. We’ve proudly built a foundation of success with repeat and referral business. Check out what some of our clients had to say about their selling experience, and why they’ll be using the Russo Team again.

"Frank & Lianne are and have a great team.  They are honest and trustworthy.  They bring years of knowledge, and have a fantastic team of people that are committed to the customer.  We feel like they cared about us and what was best for us.  They walked us through every step of the process.  They followed through with their commitment, and delivered the expected results.  This team is an A number 1 in our book and would highly recommend them to others buying or selling." -Joe & Crystal T.

Want to know more about what some of our clients are saying about their home buying or selling experience with us? Please visit our Zillow page here to read more reviews. Contact the Russo Team today if you want unparalleled service in the Greater Phoenix, Arizona real estate market. Your complete satisfaction with our service and representation is our first priority! –Frank

Frank Russo

Russo Team

RE/MAX Professionals

www.RussoTeam.com

602-864-1200

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The Russo Team November 2017 Newsletter

by The Russo Team

Please enjoy The Russo Team November 2017 Newsletter.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

http://www.russoteam.com/agent_files/171024_RussoNewsletter_Nov17_4UP_v1.pdf

 

Frank Russo

Russo Team

RE/MAX Professionals

www.RussoTeam.com
602-864-1200

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Join us on Facebook and Twitter

5 Great Ways to Give Back this Halloween

by The Russo Team

5 Great Ways to Give Back this Halloween

Most kids look forward to dressing up and enjoying candy on Halloween every year, but many adults wish there was something more to it than the costly costumes and indulgent treat consumption. And even though most don’t associate October as a season for giving, it turns out this holiday is the perfect time to make charitable efforts. Here are 5 great ways to give back this Halloween and teach children that even in times of great indulgence, they can always find ways to give back.

1.) Carve pumpkins for senior citizens at your local senior center.

2.) Take the children to trick-or-treat at a nearby children's hospital where they can give some company and sugary goodness to kids unable to get outdoors.

3.) Host your own haunted house where admission is a can of food and donate to a food drive or distribute flyers around your neighborhood letting others know you will be collecting canned food during trick or treating. Then donate the food to a local food bank.

4.) Send candy to the troops. Many dental offices in the Valley participate in post-Halloween candy buybacks. Donated sweets are sent to organizations such as Operation Gratitude or Operation Shoebox and the candy is sent in care packages for U.S. soldiers in harm's way.

5.) Purchase or donate your gently-used Halloween costumes to a local to Goodwill or Salvation Army. A portion of their costume sales help fund job training programs and other community-based programs.

Why should Thanksgiving and Christmas get all the attention as the holidays of giving back? There are lots of creative ways to give back this Halloween so get into the “spirit” of the season and look for fun ways you can give back to your community and local charities. Here’s hoping you have a safe and Happy Halloween!

Frank Russo

Russo Team

RE/MAX Professionals

www.RussoTeam.com
602-864-1200

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RE/MAX October National Housing Report

by The Russo Team

RE/MAX October National Housing Report

September became the fifth month this year to post a decline in home sales compared to a record-setting 2016, while marking the 71st consecutive month of rising sale prices year-over-year, according to the October RE/MAX National Housing Report. Joining August, July, April and February, September home sales dropped 4.2 percent year-over-year in the report’s monthly analysis of housing data in 54 metro areas. Going in the opposite direction, the Median Sales Price increased to $225,000. Though the lowest price since March, it was 2.3 percent higher than September 2016. The last month when home prices did not increase year-over-year was October 2011.

Three-quarters of the way through 2017, other notable numbers from the RE/MAX National Housing Report include:

  • In the wake of Hurricane Irma in early September, Miami saw home sales drop 35.2 percent year-over-year. Houston, meanwhile, posted a 3.2 percent gain despite the impact of Hurricane Harvey in late August.
  • Days on Market declined by one week, from 56 in September 2016 to 49.
  • At 3.6, the Months Supply of Inventory was the lowest of any September in the report’s 9-year history. Twenty-three markets are at 3 months or less.
  • Mirroring this, inventory dropped 14.1 percent year-over-year, with 46 metro areas seeing fewer homes for sale. Year-over-year, inventory has declined every month since November 2008.

Of the 54 metro areas surveyed in September 2017, the overall average number of home sales decreased 14.9 percent compared to August 2017 and decreased 4.2 percent compared to September 2016. Download your copy of the October 2017 RE/MAX National Housing Report here.

Looking to sell your Phoenix home or buy a home in Phoenix? Contact the RussoTeam today and receive a complimentary analysis of your home’s approximate present value on the market today. Your complete satisfaction with our service and representation is always our number one priority!

Frank Russo

Russo Team

RE/MAX Professionals

www.RussoTeam.com
602-864-1200

Search the MLS Now!

Join us on Facebook and Twitter

3 Halloween Home Safety Hacks

by The Russo Team

3 Halloween Home Safety Hacks

 

Halloween is a time for little ghosts and goblins to rule the night seeking tricks and treats throughout the neighborhood. It’s even a time that adults can enjoy as well. Because of this increase of traffic on October 31st it’s important to take precautions so that you and yours can enjoy the evening without anyone getting hurt. Here are 3 Halloween home safety hacks for a fun and safe night.

1.) Lit Path: Passing out candy this year? Be sure your front yard and walkway are free and clear to avoid tripping hazards. Having your porch light on or well-lit decorations will help it so that every little boy and ghoul can make it to your front door hazard free. And if you’re planning n using real candles inside a jack-o-lantern or to light your walk-way consider safer options. The National Fire Protection Association warns this type of lighting causes a fire hazard to your home. Instead of real candles, opt for LED tea lights or wind a string of orange lights around your front porch.

2.) Protect your pets: Got a furry friend who normally loves company? On a night filled with masked arrivers and excessive doorbell ringing, all the noise and activity could frighten your favorite feline or Fido and causing them to get underfoot or worse, accidently bite a trick or treater. It’s best to keep your pets safely locked up to keep them and your guests safe.

3.) Safety indoors: If you’re hosting a party or an open haunted house, be sure to check your fire alarms to make sure they’re operating effectively. Also, keep decorations like crepe paper away from carved pumpkins and open flames. The U.S. Fire Administration also recommends making sure any decorative lights you plan to use have sockets, wires and connectors that are in good working order before use.

Have more safety tips? Please feel free to share them on our Facebook page. The Russo Team wishes you a safe and Happy Halloween! – Frank

Russo Team

RE/MAX Professionals

www.RussoTeam.com

602-864-1200

Search the MLS Now!

Join us on Facebook and Twitter

The Arizona State Fair Returns to Phoenix

by The Russo Team

The Arizona State Fair Returns to Phoenix

Calling all lovers of roller coaster rides, concerts and deep fried Twinkies! The Arizona State Fair Returns to Phoenix and residents Valley wide are flocking to one of the most anticipated events of the fall season.

The Arizona State Fair is the state's largest festival, attracting over one million guests annually to rank as the third highest attended state fair in the country and in the top fifteen of North American Fairs. Featuring professional midway rides and games by Ray Cammack Shows, unique Fair foods, livestock and animal attractions, national headline and local entertainment, special shopping vendors, and various contests, the Arizona State Fair has something for everyone! The Fair is a showcase of Arizona talent, community, and spirit all in one location.

Located on the Arizona State Fair Grounds at 1826 W. McDowell Rd, Phoenix this year’s concert series features big acts like Rick Springfield, 38 Special, Snoop Dog and the Gin Blossoms just to name a few. Concert line up and tickets can be purchased online here. Discounted admission tickets and discount days are also available throughout the month of October thanks to generous sponsors such as SRP, Fry’s Food and Drug, and Sanderson Ford here.

Making memories for Arizona families is what the State Fair is about. Whether it’s your first date on the Sky Ride, at a Coliseum Concert, indulging in a funnel cake or winning a giant stuffed panda, the Arizona State Fair brings the community together. So come out and enjoy the State Fair now until October 29th! For more fun things to do in Phoenix or if you’re looking to buy or sell your Phoenix home, please contact The Russo Team today. 

Frank Russo

Russo Team

RE/MAX Professionals

www.RussoTeam.com

602-864-1200

Search the MLS Now!

Join us on Facebook and Twitter

Displaying blog entries 1-10 of 403

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