3 Reasons We’re Definitely Not in a Housing Bubble
3 Reasons We’re Definitely Not in a Housing Bubble

Phoenix area housing is at an all time low, with the over 350 people moving to the Valley PER DAY creating mass demand. As a result, prices are rising at an amazing rate....in some areas 17-20% over the previous year. This is causing many people to believe we are in a bubble, reminiscent of what we experienced in 2005-6, and headed towards another Real Estate bust. That is not the case. Read on to find out why not,k and contact me to see how you can take advantage of this market and why now is the time to buy or sell.

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2021 Housing Market, Buyers, Home Buying, Home Equity, Home Selling, Real Estate Bubble, Phoenix Real Estate, Real Estate Statistics, SellersLyn TrayteBuyers, Sellers', Phoenix market, Phoenix Real Estate, Housing Bubble, 2021 Housing Market, Low Inventory, Housing Shortage, Rising Home ValuesComment
Turn to an Expert for the Best Advice, Not Perfect Advice
Turn to an Expert for the Best Advice, Not Perfect Advice

Realtors are your source for Market information but we don’t know everything. Contrary to popular belief, we don’t have crystal balls. We can make some predictions by knowing the latest statistics and staying current with our education and our market knowledge. If you want a Realtor who can advise you to the best of her ability - contact me and lets see how I can help.

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2021 Housing Market, Buyers, Home Buying, Home Selling, Phoenix Real Estate, Real Estate StatisticsLyn TrayteBuyer, Seller, Realtor, Phoenix Real Estate, 2021 Housing MarketComment
What Record-Low Housing Inventory Means for You
What Record-Low Housing Inventory Means for You

The real estate market is expected to do very well in 2021, with mortgage rates that are hovering at historic lows and forecasted by experts to remain favorable throughout the year. One challenge to the housing industry, however, is the lack of homes available for sale today. You need to know what that means for you, whether you’re buying, selling, or doing both. Contact me to help guide you through the process./

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2021 Housing Market, Buyers, Home Selling, Mortgage, Phoenix Real Estate, Real Estate Statistics, Sellers, Home BuyingLyn Traytebuyers, sellers, sellers market, Low interest Rates, 2021 Housing Market, PHoenix market, Phoenix real estateComment
Why Moving May Be Just the Boost You Need
Why Moving May Be Just the Boost You Need

As we look back over the past year, we’ve certainly lived through one of the most stressful periods in recent history. After spending so much more time at home throughout the health crisis, some are wondering if they should move to improve their mental health and well-being. As we look beyond the trials of the pandemic, many are hoping for a new beginning. Let’s connect today to talk about your new goals and options in today’s market.

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2021 Housing Market, Buyers, Covid Real Estate, Phoenix Real EstateLyn Traytebuyers, Phoenix market, Moving, Pandemic, COVID move, Home for the new year, Home purchase, HomeownershipComment
Owning a Home Is Still More Affordable Than Renting One
Owning a Home Is Still More Affordable Than Renting One

If spending more time at home over the past year is making you really think hard about buying a home instead of renting one, you’re not alone. You may be wondering, however, if the dollars and cents add up in your favor as home prices continue to rise. According to the experts, in many cases, it’s still more affordable to buy a home than rent one. Here’s why.

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2021 Housing Market, Buyers, Mortgage Rates, Phoenix Real Estate, RentersLyn Trayterenters, Rent or Own, mortgage rates, phoenix real estate, buyers, homebuying, home values
Will Forbearance Plans Lead to a Tsunami of Foreclosures?
Will Forbearance Plans Lead to a Tsunami of Foreclosures?

The pandemic has led to both personal and economic hardships for many American households. The overall residential real estate market, however, has weathered the storm and will continue to do so in 2021. Read on…

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2021 Housing Market, Buyers, Covid Real Estate, Home Selling, Phoenix Real Estate, Real Estate Bubble, Real Estate StatisticsLyn Traytesellers, buyers, low inventory, market crash', Phoenix real estate, sellers market, equity, economy
What Does 2021 Have in Store for Home Values?
What Does 2021 Have in Store for Home Values?

Home price appreciation in 2021 will continue to be determined by this imbalance of supply and demand. If supply remains low and demand is high, prices will continue to increase. Read more, and contact me to take advantage of this strong seller’s market.

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2021 Housing Market, Home Selling, Phoenix Real Estate, Real Estate Statistics, SellersLyn Traytesellers, sellersmarket, phoenixrealestate, phoenix market, homeappreciation, homevalues, realestatestatistics, trustedadvisor
3 Must-Do’s When Selling Your House This Year
3 Must-Do’s When Selling Your House This Year

It’s exciting to put a house on the market and to think about making new memories in new spaces. However, despite the anticipation of what’s to come, we can still have deep sentimental attachments to the home we’re leaving behind. Growing emotions can help or hinder a sale depending on how we manage them.

When it comes to the bottom line, homeowners need to know what it takes to avoid costly mistakes when it’s time to move. Being mindful and prepared for the process can help you stay on the right track when selling your house this year.

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2021 Housing Market, Phoenix Real Estate, Sellers, Home SellingLyn Traytesellers, Sellers Market, Phoenix Market, Phoenix Real Estate, home staging, home selling
Four Expert Views on the 2021 Housing Market
Four Expert Views on the 2021 Housing Market

The housing market was a shining star in 2020, fueling the economic turnaround throughout the country. As we look forward to 2021, can we expect real estate to continue showing such promise? Here’s what four experts have to say about the year ahead.

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Buyers, Mortgage, Mortgage Rates, Phoenix Real Estate, Real Estate Statistics, Sellers, 2021 Housing MarketLyn TraytePhoenix Real Estate, Phoenix Market, Sellers, Buyers, real estate statistics, 2021 Housing Market
Why It Makes Sense to Sell Your House This Holiday Season
Why It Makes Sense to Sell Your House This Holiday Season

If you’re one of the many homeowners thinking about taking your house off the market for the holidays, hang on. You definitely don’t want to miss the great selling opportunity you have right now. Here’s why this month is the optimal time to make sure your house is available for holiday buyers.

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2020 Housing Market, Phoenix Real Estate, SellersLyn TrayteSellers, Sellers Market, Phoenix Market, Phoenix Real Estate, Virtual Buyers, Listing Timing, Holiday Selling, Trusted Advisor
Winning as a Buyer in a Seller's Market
Winning as a Buyer in a Seller's Market

Buying a home in today’s sellers’ market doesn’t have to feel like an uphill battle.

  • Here are four ways to make sure you’re positioned for success when making a home purchase, even when the scale tips toward sellers.

  • Let’s connect to make sure you’re armed for victory in the housing market this season

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2020 Housing Market, Buyers, Phoenix Real Estate, Real Estate StatisticsLyn TrayteBuyers, Buyers Frenzy, Sellers's Market, Multiple Offers, Phoenix Real Estate, Phoenix Market', Trusted Advisor
Are Home Prices Headed Toward Bubble Territory?
Are Home Prices Headed Toward Bubble Territory?

Most aspects of life have been anything but normal in 2020. That includes buying and selling real estate. High demand coupled with restricted supply has caused home prices to appreciate above historic levels. With the end of the health crisis in sight, we will see price appreciation return to more normal levels next year.

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2020 Housing Market, Buyers, Phoenix Real Estate, Real Estate Statistics, Recovery, Sellers, Real Estate Bubble, Covid Real EstateLyn TrayteHome Appreciation, Buyers, Equity, Phoenix Market', Phoenix Real Estate, Real Estate Bubble, real estate statistics, Trusted Advisor, Helpfulagent, Sellers, Sellers Market
Is Buying a Home Today a Good Financial Move?
Is Buying a Home Today a Good Financial Move?

There’s no doubt 2020 has been a challenging year. A global pandemic coupled with an economic recession has caused heartache for many. However, it has also prompted more Americans to reconsider the meaning of “home.” This quest for a place better equipped to fulfill our needs, along with record-low mortgage rates, has skyrocketed the demand for home purchases.

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2020 Housing Market, Buyers, Mortgage, Phoenix Real Estate, Real Estate StatisticsLyn Traytebuyers, first time buyers, buyers frenzy, qualified buyers, Phoenix Real Estate, Phoenix Market
A New Way to Shop for Homes in a Virtual World
A New Way to Shop for Homes in a Virtual World

In a year when we’re learning to do so much remotely, homebuying is no exception. From going to work to attending school, grocery shopping, and even seeing our doctors online, digital practices have changed the way we live.

This year, rather than delaying their home purchases, buyers – alongside their trusted real estate professionals – turned to the Internet to do more than just a typical home search. In some cases, they bought homes without even stepping foot inside.

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2020 Housing Market, Buyers, Phoenix Real Estate, Real Estate StatisticsLyn TrayteBuyers, Virtual Buyers, Internet Home Search, Trusted Advisor, Home purchase, phoenix market, phoenix real estate, sellers market
5 Tips for Homebuyers Who Want to Make a Competitive Offer
5 Tips for Homebuyers Who Want to Make a Competitive Offer

Today’s real estate market has high buyer interest and low housing inventory. With so many buyers competing for a limited number of homes, it’s more important than ever to know the ins and outs of making a confident and competitive offer. Here are five keys to success for this important stage in the homebuying process.

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2020 Housing Market, Buyers, Phoenix Real Estate, Real Estate StatisticsLyn Traytebuyers, buyers frenzy, multiple offers, Phoenix Real Estate, Sellers Market, Successful Purchase
Your House May Be High on the Buyer Wish List This Holiday Season
Your House May Be High on the Buyer Wish List This Holiday Season

Around this time each year, many homeowners decide to wait until after the holidays to sell their houses. Similarly, others who already have their homes on the market remove their listings until the spring. Let’s unpack the top reasons why selling your house now, or keeping it on the market this season, is the best choice you can make. This year, buyers want to purchase homes for the holidays, and your house might be the perfect match.

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2020 Housing Market, Buyers, Phoenix Real Estate, Real Estate StatisticsLyn TrayteBuyers, Buyers Frenzy, Phoenix Real Estate, Phoenix Market, Home buying, Home of your own, Home for the new year, trusted advisor, sellers, sellers market, sellnow, beatyourcompetition