I’ve never heard of a scorpion killing a person in Arizona. Have you heard differently?

Yes, the Arizona desert absolutely has its own beauty. Let’s connect when you’re ready to come out.

It’s a great city to live for sure.

Thanks Tracy!

It’s an amazing place to live and play!

Thank you, it’s a beautiful town.

Sounds amazing. Arizonas version is a Desert Oasis paradise.

Yes, it’s definitely a selling point for Nevada that could’ve been included. I shot the video a while ago. I can’t remember if I talked about income tax in this one?

Yes, the summers are hot but the rest of the year is pretty nice. The way I always think of it is that I would rather live in hot summers than bitter cold winters.

Fair, some people like them. Some people hate them. Nobody loves them though.

i think if i listen to you i'll go broke and have my home foreclosed on if "now is the right time to buy"

@@flauze yes, that’s what I said. If you can’t afford it don’t buy. If you can afford it, take advantage of the reduced prices that the market offers right now as long as you have a long-term plan. Can’t offer more solid advice than that my friend.

I just hired a new editor, but I did all of that video myself, including thumbnail.

This video is shot with a real estate client perspective and lots of experience working with clients in mind. The video objective wasn’t to provide stats but real life experiences of people that have come across pitfalls. I believe I covered it. By the way, I have no dog in the fight. Guessing your perspective is the solar salesman perspective. People find out the hard way unfortunately.

Great point!

Thank you. Not to mention that they are right next to a 32,000 acre preserve. There is a lot of wildlife in the preserve obviously and they often go through neighborhoods and the desert searching for water and food and animals. People truly have to understand that the wildlife is here first and it is protected. I wouldn’t live in that area because of the snakes. I live a little bit further south in an area that has been populated for a long time so in 35 years I’ve seen one snake.

@@emilycrystals I would’ve put it on my pros and cons video had I thought of it. Appreciate the heads up though. Always looking for more info to add.

They are very complimentary.

You’re welcome!

Thank you sir!

How so? Be specific.

@@PhoenixHomesandHotspots dear Lord. There are hundreds of videos of Phoenix, Mesa, and Gilbert cops acting like criminal morons and "lawful" tyrants being backed up by corrupt judges. I can get VERY specific. Scottsdale isn't as bad oddly enough.

@@PhoenixHomesandHotspots there are too many specific examples to link to properly in a comment.

@@PhoenixHomesandHotspots do you want specific names of law enforcement officers or specific incidents; or both

@@rikeshpr85 Right? The video is specifically about low crime in Scottsdale and that is a product of good policing. The two go hand-in-hand. The city of Phoenix has gotten rid of some of the bad cops and if there’s more hopefully they get rid of them too and replace them with good coos. The good cops need to handle the crime in Phoenix. Much higher rates in Phoenix than Scottsdale, but most of it happens as you get central in every direction of downtown.

Thanks for watching. Most people today have navigation on their phones. They don’t use Maps. As far as traffic the fact that Phoenix is so spread out is what makes traffic so light here compared to other major metropolitan areas. I get it there’s more traffic than there was 20 years ago, but that’s every city my friend.

I totally agree. Las Vegas and Phoenix are two completely different cities. Also agree that parts of Summerlin have a Scottsdale feel but as a whole again completely different. Most of my clients that compare Las Vegas and Phoenix metro end up in Phoenix. Many are really looking for Scottsdale. There’s something for many people that just doesn’t resonate about Las Vegas. Maybe it’s every time you want to go to a restaurant the best restaurants are in the back of casinos. Mild exaggeration but you get the idea.

Historic charts and graphs usually don’t lie. And here we are with prices on the way back up already.

@@PhoenixHomesandHotspots I still say look at housing starts data. While up it's indexing in multiple (>5 unit) buildings. I think this shows where RE investment is focused right now. Again, I don't think anyone is likening it to 2008 but to say there will be NO impact, to me based on current housing starts, doesn't suggest that there is and won't be any impact.

@@nathanhastings8442 Yes housing starts is part of the equation. The fact that there are fewer SFR housing starts as compared to past numbers is creating less inventory and more of a housing crunch, which is why the market is turning back up again along with the fact that rates have stabilized. Interest rates don’t follow the fed funds rate but there is a direct historic correlation between rates following inflation. With inflation coming down and anticipated to be down as far as year over year numbers significantly in the coming months, rates will likely come down significantly as well. Watch for May 10th significant mortgage rate drops. This will only add to demand on top of low supply. So yes, even if we were to announce we are in a recession tomorrow, it’s not likely to slow the real estate market here in Phoenix metro. That was the point of the video. KZbin shorts are tough. I can only cram so much information into 60 seconds.

@@PhoenixHomesandHotspots All I'm saying is that this seems like a gross over generalization. Not saying this will be a repeat of 2008, but to say it will be NOTHING is a broad statement. (1) Is there a DIRECT 1:1 correlation in the Fed Funds rate and FIXED mortgage rates, no. There are direct correlations in ARM loans and other indexes, primarily LIBOR, which do follow nearly 1:1 FED Fund rates movement. (2) Even fixed mortgage rates move with broader economic conditions. While it isn't 1:1 there are elements to what moves the FED Funds rate that will impact mortgage rates (e.g., inflation and unemployment). So forecasts in these economic metrics will have an impact on mortgage rates. (3) One vastly different component of this housing market is who owns the current supply. Corporations. 5% in 2022. These are private equity firms with very low appetite for mass swings in the market. So unemployment rising will absolutely cause these firms to dump homes in markets. Point here is that you are saying look at 2-6 weeks of peaks and valleys and saying "no concern" and comparing it directly to 2008. Then saying 2008 marked the only recession that correlated with a housing market correction and it that recession was directly to the housing market (also a gross over generalization... there were broader economic conditions that CREATED the housing market correction, some of which are likely to repeat in this recession). 2008 was unprecedented AND we've had easy money policies that have kept many of those broader economic conditions in check for 15 years. These a more uncharted waters than any we've been in. Way too early to take cues from 2-6 weeks and measuring against conditions before 2008 to ring the bell.

@@nathanhastings8442 I think you should watch the video again. The point I made was that 8 of the last 9 recessions the real estate market performed well meaning recession doesn’t necessarily mean doom and gloom for the real estate market and we’re already seeing signs of a resurging market here in greater Phoenix despite a looming recession for all the reasons I cited. I think you’re making it more complicated than it was. You make some fair points, but many of your points support my broader point. As far as it being an overgeneralization, I use stats, charts, and data for this type of analysis. It’s not a guess. If you think I’m wrong, watch the days following May 10th when inflation numbers come out next month. Rates follow inflation when you look at year over year data. Last May inflation was at its highest and with inflation coming down the year over a year data is going to look very good and historically rates will follow inflation down. That’s a fact. There’s a direct correlation. Do you think a drop in rates will add more buyers? I do, nationally a 1% drop will add 5 million potential new buyers. Again statistics. The buyers are already coming back with rates in the 6’s, at least in my market. Most of Phoenix metro is back in sellers market territory after spending only one month in buyers market and a couple months in balanced market. Lastly, I’m not taking 2 to 6 weeks of data. The information in the video used data that went back almost 100 years.

It’s been a cold winter. But the great thing about Phoenix is you can enjoy the warm weather and still get up to the mountains within 90 minutes.

Agree, I was skeptical, moving to the desert but I love it here.

Valid point. I think the key reason is most of the clients I work with are comparing Las Vegas to Scottsdale.

Well you’re the first to call Tucson paradise in comparison to Scottsdale. In Scottsdale you’re not just paying for a city you’re paying to be in the middle of the best golf, hiking, restaurants, shopping, entertainment and nightlife. Not to mention crime is out of control in Tucson and Scottsdale has really low crime rates. But to each their own.

Not to mention you can buy a great home in a great area of Scottsdale for 1.1M. Not sure where your data is coming from?

@@PhoenixHomesandHotspots research

Thanks for watching Michele!

Every deal and company is different. Thanks for watching and leaving feedback.

You can never be way off on personal experience. Thanks for the feedback.

@@PhoenixHomesandHotspots then work with the right company and your experience will be better!

This video wasn’t about the experience it was about whether it’s cost-effective or not to put solar on your home. I clearly mention that if you’re going to buy solar and have a long-term plan for living in your home it may make sense. Most people don’t live in their homes past seven years and it likely doesn’t make sense for them at that point. I go on to say that you don’t always get your value back out of solar panels when you sell. Appraisers will only appraise and give value to solar panels if there’s other homes that have sold with solar panels in the area at a premium price. This is all true as it relates to real estate.

@@PhoenixHomesandHotspots So a couple of things here. I have a real estate license myself and have represented both buyers and sellers who have or are interested in solar. If the system is owned outright the appraiser will add value to the home regardless of the comps. There is actually a line item for this on the appraisal docs which i've personally seen. If there is a note on the system then the appraiser will not add that value and this goes the same for a lease. Secondly, most homeowners who go solar do not factor in the ROI as part of their decision making process (i know this for a fact), it is the immediate savings that gets them buy or "invest".

This depends from appraiser to appraiser. I’ve personally spoken with and had experience with appraisers not giving value for solar unless they have comps to justify. For me I’d rather not roll the dice. Everyone can make their own decision.

Appreciate it! Thanks for watching.

I guess that’s OK. The benefit to solar is supposed to be to save money though. Hopefully you don’t get caught off guard when you go to sell and lose money on the panels. That’s where most of my clients find the bad investment to be. Thanks for watching!

Yeah they’re all different and you definitely need to be a strong negotiator to be sure you’re getting the best deal. If you’re not paying zero in monthly electric bills solar can catch you that way too. From a real estate standpoint my clients usually get caught on the backend when they go to sell their property. Thanks for watching!

Hi Robert thanks for watching another video. Yes Old Town Scottsdale is a fantastic area for tourists. Tourists love tourist traps that’s why they come. For locals they love the area because it’s vibrant with lots of restaurants, shopping, parks, Greenbelt, hiking, golf and many outdoor activities. But to each their own. If you don’t like hanging out in Old Town Scottsdale I’m sure you have other areas you like. Perhaps you could share those. Thanks again for watching and for your feedback.

Tourist trap or not, i don't care i'm from the UK and researching where to hopefully move to in a couple of years and Scottsdale looks great @@PhoenixHomesandHotspots

@@cloudy7104 I live in the old town Scottsdale area. I also travel all over the valley. Everywhere I go prices are very similar. Yes home prices are more in Scottsdale than most of the valley, more affordable in south Scottsdale compared to north. Sometimes haters just hate. Scottsdale is a fantastic place to live and play. Let me know when you’re ready and I’ll give you a tour not just of homes, but communities and Hotspots.

Yes it does. Thanks for your feedback and watching Robert.

You have to do your best to run calculations to see if you’re gonna own the house long enough to make buying solar worth it. I’m pretty sure I mentioned that in the video but that’s my input. I like owned solar especially if somebody else pays for it. In other words I don’t mind buying a home that already has owned solar on it I just don’t want to assume their lease if at all possible. You do have to keep in mind that if you own solar you’re now responsible for any maintenance issues that may pop up.

😂😂😂That’s your comment???

Thanks for watching and for the great feedback.

Yes prices have increased and most Arizonans now think of our housing market as unaffordable. The reality is we became very spoiled with our low cost of housing being dirt dirt cheap with very low interest rates and almost untouchable property tax rates (still low today) for a very long time. For most Americans especially where they’re moving to AZ from still see our real estate market is extremely affordable. Demand remains much higher than supply and local economists and experts see that continuing for the foreseeable future. People are still flooding here for one reason, overall affordability. Our housing is still affordable for most people, our property and income taxes are low and our overall cost of living is below national averages for most categories. . So I couldn’t disagree more. As far as the political argument whether I agree or disagree I’ll leave for another outlet since this is a real estate channel. BTW property values in Texas are also way up and property taxes are 3+ times that of Arizona property tax rates.

To buy a house?

@@PhoenixHomesandHotspots Yes, how much do I need to make and for how long before I can get a loan? I am looking in Phoenix and Tucson area.

Text or call and I’ll hook you up with my loan consultant. She is the best and can answer all of your questions. 480-771-2299

Kyle thanks for watching. I had no idea how many solar salesman would want to weigh in but appreciate your feedback. Unlike you I have no dog in this fight. My perspective is purely through real estate experience working with buyers and sellers as it pertains to solar. I directly express some of those stories in my video. I encourage people to watch. If that bothers you I can't help. I'm not here to sell your product rather simply give buyers and sellers pros and cons as it pertains to real estate transactions. Yes of course an owned system transfers with the property. I never said it didn't. You shouldn't put words in my mouth. Again why people reading this should just watch. The challenge in some cases is getting value back at the sale. Have you ever spoken to an appraiser about this? I have. They will tell you that unless they have comps that can directly show other properties in the neighborhood that have sold for a higher value and being able to tie that higher value to owned solar they cannot give it a higher appraisal amount. It's not like owning a pool in AZ. They can make that adjustment and almost always have plenty of comps to justify it. Just not the case with solar. My advice is the same - if you're trying to save the planet I'm not talking anyone out of solar. If you're trying to save money look at the numbers carefully, try to determine how long you'll be in the property and determine if the savings vs cost makes sense. The problem is you guys can never give real numbers on the savings side and the cost is extremely expensive so people must run their own calculations and make a decision that's best for them. I know this bothers solar salesmen like you but it's sound and wise real estate advice.