Location, Location, Location, Scottsdale Arizona Named One of Healthiest Cities

What’s the old saying regarding real estate?  Location, location, location right, well Arizona has added another accolade to its collection of reasons why people should live here for those considering the move.

WalletHub just came out with the healthiest cities to live in for 2017 and Scottsdale, AZ came in at #3 with a total score of 67.14 behind Salt Lake City, UT (67.50) and San Francisco, CA who was #1 (68.06).

Diet and exerciseAccording to the study, 150 of the most populated U.S. cities were looked at across 34 key indicators of good health.  Things such as “cost of doctor visit” to “fruit and vegetable consumption” to fitness clubs per capita” were some of the criteria used.

The full graph below lists the cities in their order of rank.  As realtors who work throughout the greater Phoenix area and in Scottsdale, we’ve seen the market leaning towards a seller’s market and one can see why.  With decreasing inventory, interest rates going up and rankings like these, one can see why so many people are calling Scottsdale their new home.

Overall Rank City Total Score ‘Health Care’ Rank ‘Food’ Rank ‘Fitness’ Rank ‘Green Space’ Rank
1 San Francisco, CA 68.06 29 1 37 3
2 Salt Lake City, UT 67.50 27 3 3 17
3 Scottsdale, AZ 67.14 20 16 1 15
4 Seattle, WA 67.08 31 4 7 6
5 Portland, OR 65.16 49 2 18 10
6 Irvine, CA 63.96 5 11 12 14
7 Huntington Beach, CA 63.23 12 10 13 16
8 Honolulu, HI 62.67 8 5 53 11
9 Washington, DC 60.24 13 9 73 9
10 Santa Clarita, CA 59.67 10 38 44 1
11 Tempe, AZ 58.92 48 15 5 49
12 Fort Lauderdale, FL 58.87 45 17 14 21
13 Fremont, CA 58.82 21 14 35 18
14 Boise, ID 58.36 18 47 23 12
15 Minneapolis, MN 58.19 6 22 63 13
16 Rancho Cucamonga, CA 57.72 76 77 6 4
17 Denver, CO 57.65 38 13 22 27
18 Lincoln, NE 57.03 3 51 40 20
19 Madison, WI 56.99 16 33 38 19
20 Orlando, FL 56.44 94 8 19 55
21 Atlanta, GA 56.42 110 30 2 46
22 Glendale, CA 56.26 40 39 49 2
23 Santa Rosa, CA 56.25 92 20 50 5
24 Plano, TX 55.96 9 37 24 42
25 Overland Park, KS 55.76 1 88 16 95
26 Vancouver, WA 55.54 80 34 4 73
27 Tampa, FL 55.50 62 35 10 45
28 Sacramento, CA 54.66 67 12 66 22
29 San Diego, CA 54.61 53 23 41 25
30 Oakland, CA 54.41 82 6 81 39
31 Boston, MA 54.06 33 28 51 31
32 Austin, TX 53.82 30 21 56 33
33 San Jose, CA 53.78 4 18 75 64
34 Richmond, VA 53.56 52 41 28 43
35 Raleigh, NC 53.55 11 44 15 84
36 Peoria, AZ 53.46 64 106 25 7
37 Reno, NV 53.17 113 19 29 36
38 St. Louis, MO 53.02 108 49 20 28
39 Tallahassee, FL 53.01 56 119 34 8
40 Sioux Falls, SD 52.76 2 120 21 93
41 Springfield, MO 52.56 15 123 26 37
42 Miami, FL 52.46 105 7 84 51
43 Virginia Beach, VA 52.28 24 66 45 35
44 Pittsburgh, PA 51.71 23 45 33 72
45 Spokane, WA 51.64 78 48 47 29
46 St. Paul, MN 51.50 19 60 61 38
47 Gilbert, AZ 51.44 22 75 8 80
48 Chandler, AZ 51.27 32 63 11 100
49 Garden Grove, CA 51.23 36 25 88 67
50 Long Beach, CA 51.07 51 24 80 40
51 Pembroke Pines, FL 50.56 25 71 27 123
52 Rochester, NY 50.40 107 29 72 30
53 Durham, NC 50.32 58 58 36 62
54 Cincinnati, OH 50.28 119 26 31 68
55 Colorado Springs, CO 50.14 28 82 57 44
56 Chesapeake, VA 50.08 35 98 68 23
57 Worcester, MA 49.73 68 68 39 70
58 St. Petersburg, FL 49.72 66 65 30 66
59 Anaheim, CA 49.69 41 27 71 76
60 Aurora, CO 49.63 34 52 60 65
61 Las Vegas, NV 49.23 135 43 9 90
62 Oceanside, CA 49.13 73 93 32 83
63 Grand Rapids, MI 49.10 14 59 97 56
64 Henderson, NV 49.05 101 118 17 48
65 Tacoma, WA 48.96 109 54 42 77
66 Albuquerque, NM 48.52 42 56 69 58
67 Buffalo, NY 48.25 77 40 77 58
68 Anchorage, AK 47.82 100 55 99 26
69 Yonkers, NY 47.52 37 57 104 53
70 Omaha, NE 47.06 17 89 67 92
71 Glendale, AZ 46.79 79 87 86 41
72 Knoxville, TN 46.40 128 86 64 34
73 Little Rock, AR 46.23 57 122 52 63
74 Modesto, CA 46.20 122 104 54 50
75 Los Angeles, CA 45.95 70 32 109 78
76 Des Moines, IA 45.76 7 114 92 98
77 Mesa, AZ 45.66 71 78 46 112
78 Providence, RI 45.58 134 74 78 32
79 Chicago, IL 44.78 60 69 130 47
80 Tucson, AZ 44.68 121 70 65 81
81 Charlotte, NC 44.30 46 109 55 119
82 Norfolk, VA 44.15 98 79 110 54
83 Jersey City, NJ 44.15 55 31 136 94
84 Baltimore, MD 44.01 125 53 120 52
85 Phoenix, AZ 44.00 96 85 91 75
86 Port St. Lucie, FL 43.97 91 131 48 125
87 Newport News, VA 43.77 75 90 103 87
88 Huntsville, AL 43.72 123 117 70 60
89 Santa Ana, CA 43.63 95 50 119 91
90 Philadelphia, PA 43.42 126 46 131 57
91 New Orleans, LA 43.13 146 121 87 24
92 Aurora, IL 43.10 44 94 124 88
93 Irving, TX 42.91 103 72 111 99
94 Fontana, CA 42.90 133 95 83 86
95 Lexington-Fayette, KY 42.75 26 113 98 108
96 New York, NY 42.65 85 36 146 61
97 Riverside, CA 42.50 124 76 74 104
98 Garland, TX 42.50 81 62 106 114
99 Nashville, TN 42.42 54 105 101 96
100 Greensboro, NC 42.39 72 132 85 71
101 Fort Wayne, IN 42.11 47 135 62 101
102 Lubbock, TX 42.06 63 130 58 113
103 Chula Vista, CA 41.88 65 110 90 116
104 Milwaukee, WI 41.65 61 81 138 85
105 Oxnard, CA 41.55 111 80 135 79
106 Kansas City, MO 41.52 39 108 113 106
107 Ontario, CA 41.36 136 64 128 110
108 Akron, OH 41.05 74 99 132 89
109 Grand Prairie, TX 40.50 90 83 144 105
110 Arlington, TX 40.26 86 97 100 129
111 Dallas, TX 39.95 104 67 118 134
112 Jacksonville, FL 39.84 129 101 96 117
113 Cape Coral, FL 39.69 118 136 76 109
114 Columbus, OH 39.66 83 107 116 118
115 Louisville, KY 39.22 115 96 112 121
116 Wichita, KS 39.11 59 129 82 131
117 Fayetteville, NC 39.10 120 145 59 140
118 Moreno Valley, CA 39.03 137 100 142 74
119 Birmingham, AL 38.89 141 102 95 130
120 Stockton, CA 38.41 112 73 127 126
121 Houston, TX 38.37 87 103 114 138
122 Cleveland, OH 38.27 139 61 141 103
123 Amarillo, TX 38.15 88 138 121 82
124 Fort Worth, TX 37.88 106 91 108 146
125 Winston-Salem, NC 37.72 99 144 122 97
126 Columbus, GA 37.51 138 134 126 69
127 Jackson, MS 37.41 50 139 93 148
128 San Antonio, TX 37.34 84 112 115 142
129 Montgomery, AL 37.08 131 141 89 128
130 Tulsa, OK 36.97 89 125 102 136
131 Fresno, CA 36.92 132 111 123 122
132 Chattanooga, TN 36.91 144 147 79 102
133 Hialeah, FL 36.88 102 42 150 141
134 Indianapolis, IN 36.85 93 115 125 135
135 San Bernardino, CA 36.60 147 92 134 115
136 Bakersfield, CA 36.40 127 116 105 139
137 Oklahoma City, OK 35.78 69 126 129 137
138 Mobile, AL 35.61 149 148 43 149
139 El Paso, TX 35.29 116 137 117 124
140 Baton Rouge, LA 35.18 145 140 94 107
141 Augusta, GA 34.32 140 124 107 150
142 Toledo, OH 33.92 97 127 139 143
143 Newark, NJ 33.28 143 84 147 133
144 North Las Vegas, NV 32.69 142 133 145 111
145 Corpus Christi, TX 32.56 130 143 133 132
146 Shreveport, LA 32.44 114 149 137 147
147 Laredo, TX 30.65 43 146 149 127
148 Memphis, TN 29.77 150 128 140 144
149 Brownsville, TX 28.54 117 150 143 145
150 Detroit, MI 28.37 148 142 148 120

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Dodd-Frank Laws To Be Repealed by Trump. Should Encourage Home Purchases

Back in January 2015, the Dodd-Frank banking and lending laws were enacted by the Obama administration and implemented into the Real Estate industry nationwide as a way to reel in the lackadaisical practices that led to global financial meltdown of 2008.

dodd-frank-semper-find-my-home-blogTo say that that it was a knee-jerk overreaction to a problem that did exist would be putting it mildly.  Instead of applying thoughtful, just and practical solutions and laws, it swung the pendulum so far the opposite way that it restricted and strangled money lending and the procedures associated with them.

Of course, regulations are always the answer right!  The law also created the Consumer Financial Protection Bureau (CFPB).  The Trump administration has vowed to dismantle the Dodd-Frank Act and replace it with policies to encourage growth and job creation.

The Trump administration has a blueprint to replace Dodd-Frank called the Financial Choice Act and while it won’t replace the original act, what it will do is ease some of the restrictions it has had on people borrowing money to purchase new homes.

As a realtor here in Phoenix to Veterans and First Responders, many who are first time home buyers, have been unable to purchase a home because they can’t quality due to Debt To Income issues, or other disqualifying reasons that wouldn’t have been there prior to Dodd-Frank.

We view this as a positive step to revitalizing money lending which will create jobs and enable more first time home buyers to get a slice of the American dream.

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Three Phoenix Cities Make top 10 List For Jobs in 2017. Scottsdale #1

Once again three Arizona cities have made it as the 10 best cities in 2017 for jobs. Tempe made #9 on the list, while Chandler came it at #7 and our very own Scottsdale topped the list at #1 from all cities across the US

semper-find-my-home-top-employment-cites-2017The list was compiled by WalletHub and compared 150 of the most populated US cities and utilized 23 key indicators of job-market strength. They used a variety of sources to compile their date, US Census Bureau, FBI, US Department of HUD, Council for Community and Economic Research and the Center for Neighborhood Technology to name a few.

Metrics used for job opportunities were Employment Growth and Employment Outlook compared to the Unemployment Rate. At Semper Find My Home we’ve been seeing an uptick in home purchases and consumer confidence in the housing market seems to be returning.

These three great cities have been hot for home sales as have a lot of other across the Phoenix Valley. While interest rates have increased there are still awesome deals to be had and a ton of programs from lenders.

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FHA Cuts Mortgage Insurance Premium, Good News to Home Buyers

semper-find-my-home-fha-loan

For many homebuyers looking to buy a home, the last several years has been a mixture of both blessings and curses. On the one hand, interest rates have been at an all time low, yet on the other, the newly enacted Dodd-Frank lending practices have made lending money far more stringent. Yesterday though, the FHA cut mortgage insurance premiums for the first time since 2015 and this is good news.

The FHA announced it was cutting their annual mortgage insurance from .85 percent to .60 percent. What does that mean for the average buyer? It is a key step in helping low, moderate and first time homebuyers get into homes.

Recently, though, the high cost of mortgage insurance has put home ownership out of reach to many. While FHA mortgages represent a low down payment option for buyers, the additional insurance requirements priced many young and first-time homebuyers out of the market.

It really becomes a simple question of math. Every time mortgage insurance rates are cut means the borrower meets the debt-to-income ratios or (DTI) required by Dodd-Frank laws.

The FHA and Department of Housing and Urban Development took an important step in making home ownership the American dream again. The FHA is being asked by many in the real estate industry to next eliminate “life of loan” mortgage insurance.

This means borrowers are required to maintain mortgage insurance on an FHA-insured property regardless of their equity position, while borrowers with traditional mortgage insurance can typically extinguish their mortgage insurance once they reach 20 percent equity in the property.

Here in the greater Phoenix area, a market that’s been named #1 in the nation for homeownership in 2017, this is great news and a program we will be utilizing for our buyers and borrowers moving forward.

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