2023 Green Valley News INSIDERS

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  If you  watch TV commercials, you would think this happens all the time. There  is a company that advertises this type of property fraud. For the price  of a monthly subscription, they will notify you if someone changes the  title on your home.

I have not heard about this happening in Green  Valley, but if it did, it could cause you lots of headaches, time and  money getting the situation resolved, even requiring an attorney.

Get protection for free.

The good news is that Pima county is offering a similar service, Fraud Guard, for free. Fraud Guard will notify you if anyone has made changes to  your home’s title, helping to keep you from becoming a victim of this  type of property fraud.

Sign up for free.

To sign up go to the Pima County Recorder Website: www.recorder.pima.gov/RecorderHome, click Document Recording, then click Fraud Guard and follow the instructions.

Although  this type of fraud is rare, the sooner you find out that someone is  trying to make changes to the ownership of your property the better off  you will be. It is better to be safe than sorry! (Especially when the service is free!)

If you are looking to buy or sell your current home, call a knowledgeable local Green Valley real estate expert, Scott Chancellor, Realty Executives Arizona Territory at (520) 360-6973. Scott@MrGreenValley.com www.MrGreenValley.com

   We are halfway through 2023 and the  Green Valley Real Estate Market is still as hot as our pavement. There  are not as many buyers this summer but there’s still a lack of  inventory.

Current housing numbers

For sale

• Green Valley - 72 single family, 52 townhomes, 12 condos

• Quail Creek - 16

Under contract

• Green Valley - 52 single family, 42 townhomes,14 condos

• Quail Creek – 16

Inventory is still low

• In Green Valley/Quail Creek only 9 single family homes and 20 townhomes are under $300,000.

• Only 10 have 3-car garages.

• If you want a pool, there are only 5 houses to choose from.

In the past 6 months, over 330 homes were sold in Green Valley and Quail Creek.

Tips for buying or selling in Green Valley

•  Use a local Realtor, a member of the Green Valley Board of Realtors,  with all the knowledge you need. Always ask if they live in Green  Valley!

• Make an offer ASAP. Once you find the perfect home, make a good offer. Because if you don’t, someone else will.

Have a Happy 4th of July and May God Bless America

I have over 24 years of selling homes in Green Valley, so if you need a Green Valley REALTOR®, call me, your Local Green Valley Real Estate Expert, Scott Chancellor, Realty Executives Arizona Territory at 520-360-6973, Scott@MrGreenValley.com www.MrGreenValley.com.

  You’ve probably heard that solar power saves you money and helps the environment. But does it pay off for your wallet?

It depends.

If  you’re planning on living in your home for many more years, solar power  might be a great option. But if you plan to sell your home sooner,  maybe not.

Pros and cons of selling a solar-powered home

Some  buyers are turned off by solar power. And, though the systems can cost  $20,000+, they don’t add much to the home’s assessed value. Are the  panels removed when the lease is up? What about roof damage?

Questions to ask yourself

To help you decide whether to “go solar” or not, ask yourself:

• Are you planning to sell your home in the near future?

• If you buy the system, how long will it take to pay it off and see savings? This could take 10+ years.

• If you lease the system, what if you sell your home?

• How does the power company meter the system? Are rates guaranteed?

•  What condition is your roof in? If your roof is in poor shape it will  cost around $200/panel to remove and reinstall; a 20-panel roof could  cost $4,000+.

Whatever you decide, you’ll be glad you took the time to consider all sides of the issue.

Looking  to Buy or Sell? Contact your local Green Valley real estate expert,  Scott Chancellor, Realty Executives Arizona Territory at (520) 360-6973.  Scott@MrGreenValley.com, www.MrGreenValley.com

 Some sellers want an Open House all  the time and others think it’s a waste of time. Real estate agents will  tell you every home is different, and some are better candidates than  others.

Lots of “lookie-loos”

Lazy agents know all the reasons not to do Open Houses.

It’s  true that most who attend your Open House will be unqualified buyers,  nosey neighbors and curious Lookie-Loos who have no intention of buying.  In rare cases, there could even be some security and theft issues. And  for some high-end properties, an Open House might not be the best  marketing strategy.

I  believe, in most cases, an Open House can be a great marketing tool, and  a great way to open your home up to many buyers in a no-pressure  situation.

Great reasons for having Open Houses

• Extra Exposure - get more than one buyer in your home at the same time.

• Lack of Pressure - buyers can look around as much as they want, without feeling pressured by having an agent showing them around.

• More knowledgeable agent - The listing agent knows all about how special your home is; the more  the buyer sees your home the more knowledgeable they will be about all  its special features.

• It’s Free - and you even get free advertising via the internet.

If you are looking to buy or sell your current home, call a great local Green Valley real estate expert, Scott Chancellor, Realty Executives Arizona Territory at (520) 360-6973. Scott@MrGreenValley.com www.MrGreenValley.com

  It seems like everyday, all we hear  is bad news: higher Interest rates, inflation and now banking issues.  So, the questions I get are: “What’s happening in the real estate market? And what’s going to happen in the future?”

Here’s what I know.

Inventory is still low

We’re starting to see more homes for sale, but inventory is still very low.

Green Valley: 95 single family, 50 townhomes, 14 condos for sale, and 69 single family, 61 townhomes, and 14 condos under contract

Quail Creek: 30 homes for sale; 32 under contract

In  the past 6 months, 420 homes sold in Green Valley and another 49 sold  in Quail Creek. This was over 160 fewer homes sold than in the same  period last year.

Only  16 single family homes under $300,000 are available for sale. Just 7  have pools, and 5 have 3-car garages. Nice homes that are priced right  still sell very fast. It’s still a great time to sell and to buy,

What will happen in the future is anybody’s guess.

Remember,  the home you see today and plan to think about tonight is the same home  that someone else saw yesterday and will buy today.

I  have over 23 years’ experience selling homes in Green Valley, so if you  need a Green Valley REALTOR®, call me, Scott Chancellor, your Local Green Valley Real Estate Expert, Realty Executives Arizona Territory at 520-360-6973, Scott@MrGreenValley.com www.MrGreenValley.com.

Every day someone asks me, “What’s happening in the real estate market right now? And what’s going to happen in the future?”

These are great questions. Here’s what I know.

Still a record low inventory of homes for sale

Green Valley homes for sale: 55 single family, 25 townhomes, 9 condos; 97 single family, 58 townhomes, 15 condos under contract

Quail Creek: 8 homes for sale; 28 under contract

In the past 6 months 546 homes sold in Green Valley and another 89 homes sold in Quail Creek.

It’s a great time to sell!

If  you are looking for a single family home or townhome under $200,000,  there are only 3 to choose from. Under $300,000 just 26 homes are  available.

As  you can see, our inventory of homes is still at record lows, so it’s a  great time to sell. And if you’re looking to buy, look quickly and  submit your best offer.

So  the answer to the question is the Green Valley Real Estate market is  still hot. What’s going to happen in the future? That is anybody’s  guess.

Remember,  the home you see today and plan to think about tonight is the same home  that someone else saw yesterday and will buy today.

I have over 20 years experience selling homes in Green Valley, so if you need a Green Valley REALTOR®, call me, your Local Green Valley Real Estate Expert, Scott Chancellor, Realty Executives Arizona Territory at 520-360-6973, Scott@MrGreenValley.com www.MrGreenValley.com.

  February has arrived, along with the  snowbirds, which usually means lots of new buyers from colder climates.  Instead, we have lots of questions about our current real estate market:

• Where are the buyers? Buyers are not flocking to our “Open Houses” like in the past. It seems  that buyers are waiting, hoping for a better deal. My advice for  buyers: If you find the right house, buy it now or somebody else will.  Our inventory of homes is still low.

• Why don’t sellers use local Green Valley Realtors? This question puzzles me, too. I think sellers don’t understand the  difference. Green Valley is a special place. You need a local agent who  knows the area and can give you and your home personal service. Tip:  Don’t search online for a “Green Valley Realtor.” The 1st names that pop  up are typically not Green Valley agents. Get an agent that lives in  Green Valley.

• Why do buyers use online/out-of-state lenders? More deals cancel because of these lenders. There is little  accountability with online lenders; they work on volume, not personal  service. Find a lender with an office in Green Valley or the Tucson  Area.

Green Valley Realtors are the experts at selling homes in Green Valley.

Whether you are looking to buy or sell a home, call a great local Green Valley real estate expert, Scott Chancellor, Realty Executives Arizona Territory at (520) 360-6973. Scott@MrGreenValley.com www.MrGreenValley.com

 Looking back over the past year, you  might be surprised to see how strong our real estate market stayed here  in Green Valley. More than 1,130 homes sold in Green Valley and Quail  Creek in 2022.

One of the  major factors that kept our housing market so strong is that Green  Valley is still one of the best places to retire in the USA. It’s a very  affordable and very safe place to live.

Current Green Valley Housing Numbers

Approximately  86 single family homes, 55 townhomes and 14 condos are currently for  sale in Green Valley. Quail Creek has another 20 homes for sale.  Combining both areas, 70 homes are under contract. Our inventory of  homes has been slowly going up over the past few months.

We  are also seeing some lower pricing, but those special homes with scenic  views, a 3-car garage or special features inside are still commanding  above-market pricing.

Prices may adjust, but not crash.

Some  people who want to buy are waiting for the prices to crash, but I don’t  see that happening. Prices may experience some downward adjustment but  nothing crazy.

May 2023 bring you good health and much joy and happiness !!!

I have over 23 years of selling homes in Green Valley, so if you need a Green Valley REALTOR®, call me, your Local Green Valley Real Estate Expert, Scott Chancellor, Realty Executives Arizona Territory at 520-360-6973, Scott@MrGreenValley.com