Richard Pinnell

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7 Times a Real Estate Agent May Come Across as Pushy to a Buyer, When They’re Really Just Trying to Help

Posted On: December 1st, 2023 8:39PM

 

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November 2023 Newsletter

Posted On: November 10th, 2023 12:18AM

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Welcome to my monthly newsletter

Each month I will be bringing you information about real estate, tips for home life, things to do around Tucson and Southern Arizona, and maybe even a recipe or two. 

Stay Tuned and let's see what I can come up with every month.

 


 

Did you know....

Interest Rate

 

 

 

Mortgage interest rates are not directly linked to the Federal Reserve interest rate like your vehicle loans and credit cards. Instead, they are closely tied to the yield on the 10-year U.S. Treasury bond. While they are not directly tied to it, mortgage rates usually follow the movement of this index. You can keep track of it here. Currently, mortgage rates tend to run approximately 2 percent higher than this index.

 

In the past few days, we have seen a decrease in mortgage rates. This is definitely something to keep an eye on if you have been considering buying a home. If the rates continue to drop, we can expect more buyers to enter the market. However, if the inventory of available homes remains low, as it has been, we may see prices increase once again. Now may be the time to have a conversation with your real estate agent to see if the time is right for you.

 

For more information on the recent interest rate drop, check out this article from today.

 

 


 

Home Buying Tips

 

Tips for buying a home in Tucson

Buying a home in the Tucson real estate market can be an exciting but challenging process. Here are some tips to help you navigate the market and make a successful purchase:

  1. Define your budget: Before you start your home search, it's important to establish a budget and get pre-approved for a mortgage. This will give you a clear understanding of how much you can afford and help you narrow down your options.
  2. Research the market: Take the time to research the Tucson real estate market and familiarize yourself with current trends and prices. This will help you make informed decisions and identify potential investment opportunities.
  3. Work with a real estate agent: Hiring a knowledgeable real estate agent who specializes in the Tucson market can greatly simplify the buying process. An experienced agent can provide valuable insights, guide you through negotiations, and help you find the right property.
  4. Consider your long-term plans: When buying a home, it's important to consider your long-term plans. Are you planning to stay in Tucson for the long haul, or is this a temporary investment? This will help you determine the type of property and location that best align with your goal and plans.
  5. Inspect the home: Once the offer is accepted, inspect, inspect, inspect. Your agent can help you schedule and coordinate all of the inspections you want to complete to give you peace of mind

 

Visit Landmarks in Tucson

Tucson is a city steeped in history, and there are plenty of landmarks to explore in the area.

One of the most iconic sites in Tucson is the Arizona-Sonora Desert Museum. This unique attraction combines a zoo, botanical garden, and natural history museum, offering an educational and entertaining experience for the whole family.

 

As you wander through the museum, you'll have the opportunity to see a wide variety of desert animals up close, including mountain lions, coyotes, and javelinas. The museum also features a stunning botanical garden that showcases the diverse plant life of the Sonoran Desert. From towering cacti to vibrant wildflowers, the garden is a feast for the eyes.

In addition to the Arizona-Sonora Desert Museum,

 

Tucson is also home to several other historical landmarks that are worth a visit. Mission San Xavier del Bac, also known as the "White Dove of the Desert," is a stunning example of Spanish colonial architecture and is considered one of the finest examples of mission architecture in the United States. Another must-visit landmark is the Presidio San Agustín del Tucson, a reconstructed Spanish fort that offers a glimpse into Tucson's rich history.

 

Desert museum

 

 

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Are Higher Mortgage Rates Here To Stay?

Posted On: October 20th, 2023 11:40PM

Are Higher Mortgage Rates Here To Stay?

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Mortgage rates have been back on the rise recently and that’s getting a lot of attention from the press.

 


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