The Kirkpatrick Team

I love to see us growing!!!As we near the end of the 2017 year, lets take a look at the hottest building markets across America. We see many changes from 2016 to 2017. The new number one rank is held by Dallas, which was previously held by Houston in 2016. The Dallas - Fort Worth - Arlington, Tex...

Have you or someone you have known been rejected for a mortgage?  Here is some insight. The number one reason why mortgage applicants get rejected: they are carrying too much debt relative to their monthly incomes. In the mortgage world, this is called a debt to income ratio. For millennials that...

Sunny Phoenix ranks fourth on BUILDER’s list of the country’s fastest growing markets in the country this year for good reason: Phoenix ended 2016 with its best year for sales and volume since 2006. Phoenix was expected to have price gains of 5.9% and sales growth of 7.2% for 2017. With a tighter...

What is a multi-generational home? The word itself seems to define its meaning and the U.S. Census Bureau defines multi-generational homes as any home that has more than two generations living under the same roof. Although this generally means grandparents, adult children, and grandchildren livin...

Millennials make up about 83.1 million people in the U.S. Even as the number of sales underperformed for the beginning part of 2017 as potential homebuyers were unsure of the economic stability of the nation, millennials proved the weary forecast of home sales for 2017 wrong. Many experts were pr...

Last year, only 61 percent of homeowners thought it was a good time to sell their homes. At the beginning of 2017, that number rose to 69 percent. Now, 71 percent of homeowners think that now is a good time to sell, even as Americans have a lowered confidence in the economy as a whole.  Surprisin...

As the population of Arizona continues to grow, a large amount of the Phoenix population are Asian immigrants. Arizona is second in the nation for Asian population growth. Properties that were once considered to be undesirable have been turned into hot commodities of vibrant economic centers by ...

Inventory of homes that are for sale fell in May 2017 at a record breaking pace. It seems that people are now moving less, which is putting a strain on the tight inventory market and a high demand for new construction. Even as we're seeing a shift in the market for homes being sold, the value of ...

The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index registerd a 5.5% annual gain in April, down from 5.6% last month, S&P Dow Jones Indices reported Tuesday.The 10-City Composite annual increase came in at 4.9%, down from 5.2% the previous month. The 20-City Composite posted a 5.7% ...

With the job market operating at a full capacity and mortgage rates being low, now is both a buyers and sellers market. . . as long as they choose to act quickly.  In May 2017, the National Unemployment rate was 4.3 percent, according to the U.S. Bureau of Labor Statistics. For the U.S., this mee...