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Liz's Blog

Sunday, June 19, 2022   /   by Liz Dobbins

About Home Price Deceleration

Home Price Deceleration Doesn’t Mean Home Price Depreciation


Experts in the real estate industry use a number of terms when they talk about what's happening with home prices. And some of those words sound a bit similar but mean very different things. To help clarify what's happening with home pricesand where experts say they're going, here’s a look at a few terms you may hear:

Appreciation is when home prices increase.
Depreciation is when home prices decrease.
Deceleration is when home prices continue to appreciate, but at a slower pace.

Where Home Prices Have Been in Recent Years
For starters, you’ve probably heard home prices have skyrocketed over the past two years, but homes were actually appreciating long before that. You might be surprised to learn that home prices have climbed for 122 consecutive months (see graph below):

As the graph shows, houses have gained value consistently over the p ...

  housingmarketupdate, home price deceleration

Sunday, June 19, 2022   /   by Liz Dobbins

Summer is a Great Time to Buy a Vacation Home

Why Summer Is a Great Time To Buy a Vacation Home


You may be someone who looks forward to summer each year because it gives you an opportunity to rest, unwind, and enjoy more quality time with your loved ones. Now that summer is just around the corner, it’s worthwhile to start thinking about your plans and where you want to spend your vacations this year. Here are a few reasons a vacation home could be right for you.

Why You May Want To Consider a Vacation Home Today

Over the past two years, a lot has changed. You may be one of many people who now work from home and have added flexibility in where you live. You may also be someone who delayed trips for personal or health reasons. If either is true for you, there could be a unique opportunity to use the flexibility that comes with remote work or the money saved while not traveling to invest in your future by buying a vacation home.

Bankrate explains why a second home, or a vacation home, may ...

  close to the 101 freeway, close to shopping, vacation home arizona, summer housing market, second home phoenix, close to desert ridge marketplace

My Home Group
Liz Dobbins
8360 E Raintree Dr. Suite #120
Scottsdale, AZ 85260
623-826-1981

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