Wednesday, April 29, 2026

 

Why You Still Need a Real Estate Agent for New Construction in San Tan Valley

Buying a new construction home can feel simple at first, but there is more to the process than choosing a floor plan and signing paperwork. In San Tan Valley, working with a real estate agent can help buyers avoid costly mistakes and get better results from the transaction.

Builder Sales Reps Work for the Builder

One of the biggest misconceptions about new construction is that the builder’s sales representative is there to help the buyer. In reality, the builder rep works for the builder, not for the buyer’s best interests.

How an Agent Helps New Build Buyers

A buyer’s agent can help compare communities, explain contract terms, and review available incentives. They can also help buyers understand upgrade pricing, lot premiums, inspection timelines, and financing requirements.

Why Timing Matters

New construction homes often come with deadlines for choosing upgrades, signing contracts, and completing inspections. Having an agent keeps the process moving and helps buyers avoid missing important steps.

Common Mistakes Buyers Make

Many buyers assume they do not need representation because the home is brand new. That can lead to overpaying for upgrades, misunderstanding contract terms, or missing out on incentives that could have been negotiated more effectively.

The Bottom Line on New Builds

A real estate agent adds value at every stage of a new construction purchase. From community selection to final walkthrough, having representation can make the process smoother, safer, and more cost-effective.

Thursday, April 23, 2026

 

San Tan Valley Real Estate Market Update 2026

San Tan Valley’s housing market remains active in 2026, with prices stabilizing, inventory improving, and buyers gaining a little more leverage than they had during the peak seller’s market years. For homeowners, buyers, and investors, that makes this an important market to watch closely.

Current Home Prices in San Tan Valley

The San Tan Valley real estate market is showing median home prices in the low-to-mid $400,000s, depending on the data source and time frame. That puts the area in a relatively accessible range compared with many other Arizona housing markets.

Inventory and Days on Market

More homes are available now than during the ultra-competitive market of recent years, which gives buyers more choices. At the same time, homes are taking longer to sell, signaling a more balanced market rather than a fast-moving bidding-war environment.

What Buyers Should Know

Buyers may have more room to negotiate on price, closing costs, or repairs than they did in the past. Homes that are updated, well-priced, and located in desirable communities still move faster than the rest of the market.

What Sellers Should Know

Sellers can still succeed in San Tan Valley, but pricing strategy matters more than ever. Homes that are staged well, marketed professionally, and priced correctly tend to attract stronger interest and sell faster.

Neighborhoods like Encanterra, Johnson Ranch, and Pecan Creek continue to draw attention from buyers looking for different price points and lifestyles. Community amenities, lot size, and home condition all play a major role in how a property performs in today’s market.

San Tan Valley Rental Market

Rental demand remains steady, which supports both landlords and investors. For some residents, renting is still the more flexible option, but rising rents continue to make homeownership appealing for long-term stability.

2026 San Tan Valley Market Outlook

The San Tan Valley housing market appears to be settling into a more balanced pattern in 2026. Buyers have more options, sellers need sharper pricing strategies, and local market conditions still support steady activity across many segments.

Tuesday, November 10, 2015

Why Buyers Need to Buy That New Home Now

Your client has decided on new-home construction, but they're dragging their feet. Need to give them extra motivation to get that contract signed this fall or winter?
“Fall and winter are a great time to start working with a builder and do much of the upfront planning and legwork that goes into a new-construction home,” says Brian Brunhofer, president of Meritus Homes. “Plus, there are some definite advantages to beginning that process before the end of the year that buyers might not be aware of.”
Read moreBuild or Buy?
BUILDER online recently highlighted some of those advantages, including:
1. Low interest rates: The 30-year fixed-rate mortgage is still under a 4 percent average, according to Freddie Mac. But most economists are predicting that interest rates will soon be on the rise, and when rates do rise that will deflate buyers’ purchasing power.
2. Buffering in more time: Many buyers fail to take into account the length of the permitting and approval process, which has to take place before the actual construction. “The reality is that after a buyer signs a contract with us, it takes anywhere from 60 to 90 days to get architectural plans submitted and permits approved before we actually start construction,” Brunhofer says. “Buyers who begin that process in the fall or winter can relax knowing they have plenty of time to get all those details taken care of and be 100 percent ready to roll when the early spring construction season starts. And if we have a mild enough winter, we might be able to get a jump on construction for them even earlier in the year.”
3. Taking advantage of the financial benefits: Before the end of the calendar year, builders will have secured their 2016 contract prices for labor and building materials. As such, they’ll adjust their home prices to reflect any increased costs. Buyers who decide to sign a contract with a builder this fall rather than waiting until next spring may see some cost savings by taking advantage of 2015 pricing. 
4. Timing the market right: Many families prefer to be able to move into their new-home prior to the beginning of a school year. Buyers who work with builders in the fall and winter will likely be ready to move into their new home by next summer. “Buyers should expect anywhere from five to six months of actual construction time,” Brunhofer says. “That means if we get all the upfront approvals and permitting taken care of during the fall and early winter, we’ll start work the minute the ground thaws and we’ll be wrapped up in time for a summer move-in date.” Also, for buyers with an existing home to sell, they will be able to sell their current home then during the spring time, which is traditionally a busier housing market.
Source: “Give Customers Four Reasons to Buy Now,” BUILDER (Sept. 30, 2015)


Wednesday, June 24, 2015

Slight Drop in Rates Pushes Loan Demand Up

A drop in mortgage rates last week helped to push mortgage applications higher, the Mortgage Bankers Association reports. Total applications – for both refinancing and home purchases – increased 1.6 percent week-to-week on a seasonally adjusted basis for the week ending June 19. Overall volume is nearly 11 percent higher than one year ago.
Broken out, refinance applications increased 2 percent last week and are up about 4 percent from a year ago, MBA reports. Meanwhile, applications for home purchases—viewed as a strong indicator of future home buying activity—rose 1 percent from the previous week, and are 18 percent higher than they were a year ago.
"The 18 percent [annual] gain in purchase application volume is yet another sign of growing strength in the housing market following this week's stronger numbers on new and existing home sales," says Michael Fratantoni, MBA’s chief economist.
Mortgage rates offered a slight relief to borrowers last week. MBA reports the average 30-year fixed-rate mortgage last week dropped to 4.19 percent; it was averaging 4.22 percent the week prior. But the drop was likely short-lived and there were signs of lenders moving rates higher Tuesday, CNBC reports.
Source: “Weekly Mortgage Applications Rise 1.6%,” CNBC.com (June 24, 2015)


Thursday, June 18, 2015

Developing Affordable Housing for Millennials

Cities across the country are having to adapt to the needs of the millennial generation, who make up the largest share of home buyers, according to a generational trends report by NAR. Due to the recent economic climate, millennials don't mind making sacrifices, often choosing compact housing and not owning a car, as long as they can live in a vibrant city with a lot of perks.
"They [millennials] seem more willing than other cohorts to trade space for access to transit and a walkable, mixed-use lifestyle," says Stockton Williams, executive director of the Urban Land Institute's Terwilliger Center for Housing in Washington, D.C. "It doesn't necessarily mean they're all saying they want to live in downtown central cities. It can be smaller towns or suburban towns that have these features."
To meet the need for affordable housing options, many cities are being proactive. In Austin, Texas, which is a hotspot for young professionals, builders are catering to millennials by offering homes that are much smaller than the national average and close to public transportation and local attractions.
"The demand for the smaller homes was enormous, and millennials bought them," says REALTOR® Scott Turner, owner of Riverside Homes in Austin, Texas and broker-owner of Turner Residential. "Millennials are much more willing to make the location-over-space trade-off than prior generations. They're happy with less space and less stuff. We found that 850 square feet with two bedrooms and one bath is fine if it’s in a good location."
Housing affordability remains a huge issue in Manhattan, and builders are going a step further by offering up micro housing as a solution. Micro housing is loosely defined as an apartment less than 350 square feet with a functioning and accessibility compliant kitchen and bathroom. Micro housing projects are also cropping up near Washington D.C. and Seattle.
"In places like Seattle, more micro housing units are popping up, and that does seem to be a viable option," says says Matt Kelly, a policy analyst and researcher at Florida State University in Tallahassee. "Smaller and smaller square footage seems to be viable for short-term year apartment leases because there needs to be a low-income housing alternative."
In the past, many cities had zoning regulations that banned small housing. New York City, for example, only recently waived a requirement that housing must be larger than 400 square feet. San Francisco recently allowed housing as small as 220 square feet, and two cities on the forefront of the micro housing trend, Seattle and Portland, have no minimum size requirement.
As housing affordability is outpacing income growth for many across the country, it continue to be important for cities to think out of the box and develop accessible and affordable options, not just for millennials, but for everyone.
Source: "Reducing Everyday Costs for Affordable Neighborhoods," On Common Ground (June, 2015)