Gillham Team Real Estate

🎉🍾🏡Congratulations to the Tellez family. 🏡🍾🎉
We are so excite for you since you have ALWAYS wanted a ranch since you were a kid. We would have got you into this for Christmas but the title company closed early Thursday after we got everything else done to close. I can’t wait to see what you do to this place. I’m also happy we got you into this with the Homes for Heroes program. If you are looking to buy or sell we are here for you. 🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻
Brian Call/Text: 623-521-4817
Email: [email protected]
Leda Call/Text: 623-340-4291
Email: [email protected]
DM us on social media
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Emily is doing a beauty pageant to be on the cover of the Quincenera Magazine. One thing is the miss popular contest. Can you please go on and give her picture a like. TIA.
https://www.instagram.com/quinceneramagazine/

Some good news.

Chances of Another Foreclosure Crisis? “About Zero Percent.” There seems to be some concern that the 2020 economic downturn will lead to another foreclosure crisis like the one we experienced after the housing crash a little over a decade ago.

Rent vs. Buy: How to Decide What’s Best for You

Rent vs. Buy: How to Decide What’s Best for You According to the U.S. Census Bureau, median rent continues to rise.

Mortgage rates are low. Time to refinance or upgrade your home.

Mortgage Rates Hit Record Lows for Three Consecutive Weeks Over the past several weeks, Freddie Mac has reported the average 30-year fixed mortgage rate dropping to record lows, all the way down to 3.03%.

Think home 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 little light on this subject.

In the most recent Apartment Rent Report, RentCafe explains how rents have continued to increase over the last twelve months because of a large demand and a limited supply.

“Continued interest in rental apartments and slowing construction keeps the national average rent on a strong upward trend.”

Zillow, in its latest Rent Index, agreed that rents are continuing on an “upward trend” across most of the country, and that the trend is accelerating:

“The median U.S. rent grew 2% year-over-year, to $1,595 per month. National rent growth is faster than a year ago, and while 46 of the 50 largest markets are showing deceleration in annual home value growth, annual rent growth is accelerating in 41 of the largest 50 markets.”

The Zillow report went on to detail rent increases since the beginning of the housing market recovery in 2012. Here is a graph showing the increases:Think Prices Have Skyrocketed? Look at Rents. | Keeping Current Matters

Bottom Line
It is true that home prices have risen over the past seven years, increasing the cost of owning a home. However, the cost of renting a home has also increased over that same time period.

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Call/Text: 623-521-4817 Email: [email protected] DM me on social media 🔺🔺🔺🔺🔺🔺🔺🔺🔺🔺🔺