The Mortgage Brothers Show

Up to date news, tips, and advice, so you can make real estate decisions with confidence.

Home Prices Spiking at High and Low End; What’s Happening Near You?

05-15-2018About MortgagesEddie Knoell

A recent report by Street Scout identified the Phoenix Valley neighborhoods with fastest and slowest growing appreciation. Wondering where your neighborhood falls on the list? We’ve organized the Valley’s 10 fastest appreciating and depreciating zip codes in bullet format.


ArriveHome and Zillow Expand New Real Estate Tech Offerings to Phoenix Valley

05-08-2018About MortgagesEddie Knoell

Phoenix Valley might not be the first name that comes to mind when it comes to real estate technology and apps, but that might be beginning to change. Recently, two real estate technology firms announced their plans to expand into the Phoenix market. Who are these vendors and how can local real estate agents and homeowners take advantage of their offerings?


Could a Trade War with China Impact Phoenix Valley Real Estate?

04-10-2018About MortgagesEddie Knoell

Investment markets have been rocked by threats of an impending trade war with China, sending the Dow and Nasdaq indexes down sharply last week. But is there a connection to the real estate market here in the Phoenix Valley?


What’s the Deal with Short Term Rentals?

03-27-2018About MortgagesEddie Knoell

For Arizona homeowners, sites like AirBnB, HomeAway and VRBO have sparked a surge in popularity for short term rentals. Vacationers love the ability to rent a fully furnished vacation property in popular locations like the Greater Phoenix Valley, by the day, week or month, without being limited to stay in a hotel and eat in restaurants for every meal. They’re a popular choice for families and groups of friends who are vacationing together. Owners of vacation properties like the fact that short term rentals allow them to drive income from their second homes.


Conventional loan limits are increasing January 1st 2018

12-04-2017About MortgagesEddie Knoell

The weather may be cooling down in the Phoenix Valley, but the market – like many across America – remains hot. As real estate prices continue to rise, the Federal Housing Finance Administration (FHFA) has increased the conforming loan limit for Freddie Mac and Fannie Mae mortgages.


Is the Future of Phoenix High-Tech?

11-28-2017About MortgagesEddie Knoell

In the pre-holiday rush, it might have been easy to miss Catherine Reagor’s article in the Arizona Republic about a big-name investor that has signed on to the development of a previously pristine 24,800 acre swath of land at the western end of Phoenix Valley. The planned development, known as Belmont, runs for five miles along the north side of Interstate 10 between 330th Avenue and 371st Avenue.


Why Videos and Drones are Fall 2017’s Best Marketing Ideas for REALTORS

11-06-2017About MortgagesEddie Knoell

There used to be a joke in the real estate industry that real estate marketing came down to the “4P’s” – Put a sign in the yard, Put it on the MLS, Place some ads and Pray. Today, you might want to replace a couple of these P’s with some new ones: Put together a video and Purchase a drone.


A Halloween Horror Story of An Overheated Market: Two Years that Changed the World

10-30-2017About MortgagesEddie Knoell

In honor of Halloween, a true tale of terror about the Phoenix Valley real estate market crash of 2004 – 2006.

If someone asked you about the two-year period that had the biggest impact on your professional life, what years would you pick? For many of us in the real estate and mortgage industry, those two years would have to be the period between 2004 and 2006.


Important Announcement: HUD makes Reverse Mortgage HECM changes effective 10-2-2017

09-25-2017About MortgagesEddie Knoell

PLF (‘Principal Limit Factor’, this is how they adjust for losses)- They lowered the floor rate from 5.06% to 3.00%


What the Generations Look for in a Home – Phoenix style

09-05-2017About MortgagesEddie Knoell

Last week, I wrote about a recent NAR study that discussed generational homebuyer trends nationwide. Age-based demographics can help us understand buyers since so much of a buyer’s decision-making has to do with their life stage. How does this play out in Phoenix Valley? Let’s break it down…


Who’s Buying in Arizona? It may not be who you think…

08-29-2017About MortgagesEddie Knoell

Arizona has long been seen as a haven for retirees. Millennials are now the nation’s largest home buying demographic. GenXers buy the most expensive homes. Hispanics are America and Arizona’s fastest growing population segment.


Oh Canada! What’s Behind the Canadian Real Estate Selloff in the Valley

08-01-2017About MortgagesEddie Knoell

Listings are hard to come by in today’s tight inventory real estate market, but there’s one segment of sellers that seems eager to sell – Canadian real estate investors.