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Laurie & Greg Hill
Broker/Owners
Desert Gem Real Estate
Surprise, AZ 85387
Phone: 623-334-1366
Email: desertgemre@cox.net

Welcome To...

DESERT GEM REAL ESTATE 
Discount Real Estate in Surprise, AZ

Professional, with Personalized Service!
 

SELLERS: Discounted Commission for Listings
2.5% to List and 3% to Buyers Agent = 5.5% Total Commission.

Disclaimer: Some restrictions apply. This offer is NOT valid if seller is referred to us by:  Another Agent, Referral Company, Brokerage, or on homes or condos under $100,000. 

We list and sell real estate throughout the entire West Phoenix Valley, such as Surprise, El Mirage, Litchfield Park, Goodyear, Buckeye, Glendale and Peoria.... AND....   including  55+ Active Adult Communities like; Sun City Grand (45+), Sun City, Sun City West, Sun Village, Arizona Traditions, Trilogy, Pebble Creek, Corte Bella, Westbrook Village (40+) and more in the NW Phoenix Valley. We specialize in Arizona residential real estate.  We offer a wide variety of Homes, Adult Communities, Condos, Patio Homes, Townhomes and Multi-Family properties for sale.                         

We are linked directly to the Arizona Regional Multiple Listing Service (MLS).  This website covers the Phoenix Valley. Just click  on our "Search for Homes" for a Quick Search with Pre-set searches or Map Search or Advanced Search.  These searches will pull up any listed home on the MLS. We are experienced at selling Foreclosures, REO's and Bank/Lender Owned Properties, as well as completing BPO's for Lender's or Asset Companies. Whether you already live in the State of Arizona, or are planning to move to Arizona and want a home in the West Phoenix Valley, we can help you with all your real estate needs!             
We would also appreciate any referrals you send our way, who are looking to sell or buy a house, in the Northwest Phoenix Valley. We enjoy saving our sellers money and feel that our discount listing service, will help accomplish that for everyone.  Thank you and please enjoy our real estate site.


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Testimonials Page

"This is a wonderful end to a wonderful trip! You guys are great hosts and great agents. You and your husband are the best realtors I have ever been associated with in 6 house transactions. Knowledge, service and most of all your patience are unmatched. I especially appreciate you helping me "unlearn" a bunch of bad habits when trying to buy a home in a sellers market. I feel like we executed with precision today, and that is a testimate to you and Greg. In particular, the high esteem that others in your business hold you in. Looking forward to closing and returning with Lynn in September." Take care, and best wishes. Wellington Davies
"Laurie and Greg make you feel like you are a family member. They are very easy to talk with. They will find time and make time to help you. When looking at homes they let you look they don't walk you through the house they wait for you to ask questions. Well if you think about it I'm buying the house not them." ~Brian Teeter
"The confidence Greg and Laurie have as Real Estate Agents made us feel so much more comfortable about buying a home. We have already recommended them to our friends. Through the home buying process we knew they had our back!!!" Leslie & Rich Rhodes
"It does not get any better than Desert Gem Real Estate when looking for an astute Real Estate business with heart and soul." Gina Worch
"Laurie and Greg made our home buying experience a very pleasant and stress free event." Monte and Tracy Giles
"They are so informative about the area of Sun City, never leaves you alone during the process. Would use to sell our home if we were leave the Az. area." Hi Laurie and Greg, Just wanted to drop another note regarding a big thank you for all of your help down there in the process of getting our new home there in Sun City. After 4 nights on a air bed :( We not only love our new home (WE ARE IN LOVE WITH OUR NEW HOME :) Lets keep in touch, Have a good week!!! Laurie Nevills William & Laurie Nevills
"Laurie and Greg were great to work with!! They helped us through the mountains of paperwork and legal jargon when we became overwhelmed. They went to bat for us when the house was appraised for less than we offered. They went out of their way to open the house when my brother and later our kids came to visit before we had closed. They calmed us down when we panicked, and were always accommodating and available. We would highly recommend them." Sincerely, Therese and Mike Regner
"I live out of state and I depended on Laurie and Greg during the purchasing process. A few issues arose and Laurie and Greg handled them efficiently and successfully, all the while keeping me informed via email. What could have been a very stressful time for me was a lot less stressful due to the efforts of Laurie and Greg. Escrow even closed a week early. Thanks Laurie and Greg" Sincerely, Mike Schatz
"Laurie and Greg provided the responsiveness I needed and expected and guided us through every step of the buying process! As out of town buyers, we were very fortunate to be in such good hands to help us successfully find and close on our new house." Mike & Kris Lundeen
"These are can do people who see everything as an opportunity instead of a problem." Randy & Wendy Murray
"It was a pleasure working with Laurie and Greg Hill. I needed to close as quickly as possible and they saw to it that I did close as I wanted." Sincerely, Sam Latorre
"Excellent! Professional! Helpful!" John Bruther
"If we could give them a score of 20, we would. Excellent agents-quick to respond and excellent follow through." Mary Jo Merten
"They're the best agents I've ever worked with I would refer them to any one buying or selling a home.they are great." Ellen & Carl Kempf
"Very nice people! They were response, professional, and very helpful. I was happy with the negotiation process with the seller and they offered up very good contacts to assist with the financing, home inspection, and needed remodel requirements post close. Great job Laurie and Greg" John Bognanno
"We are very pleased with the Hill's, they were open, honest, and witty, the kind of people we like. They are knowledgeable, experienced and most of all ethical. If you are looking for a home or thinking about selling yours please give the Hill's a call. We downsized and were blessed to have them sell our home and help us find a new one. They were with us every step of the way." Charles & Theresa Teague
"They were fabulous in that they made themselves available to us, keeping us informed all along the way!" Barbie Poole
"Very helpful with lots of suggestions that aided me with this purchase. A real estate agent that actually listened to the client, refreshing." Sincerely, Denis Lueders
"Laurie and Greg took a whole day and drove us around to see 10 different houses. They were very professional and answered our questions and if they didn't know they found the answer for us. Would highly recommend them to anyone house hunting." Doug Frank
"Laurie and Greg did a great job helping us find a home in Sun City. We viewed nearly 20 houses in less than two days before making an offer. Laurie and Greg provided good advice throughout the process, demonstrating their experience and willingness to see the purchase through to its conclusion. I recommend them highly!!" Sincerely, John & Tanya Lemma
"Laurie and Greg were extremely efficient and kind. They were right on the money in terms of the value of my father's house. They went out of their way to accommodate his needs as he transitioned into Assisted Living. Great resource and I wouldn't think of using anyone else!" Sincerely, Chris Milligan
"Laurie and Greg are seasoned professionals! The made this a very easy transaction for me. They were patient while I was looking for just the "right" home. If I buy or sell another home in this area, I'll be calling Laurie and Greg." Kevin Gray
"Nice People" Charles Turner
"Very personable and knowledgeable. Really took their time understanding our needs and walk us through the entire home buying process." Sincerely, Jim Westmoreland
Greg and Laurie Hill were absolutely excellent real estate agents!  They went above and beyond assisting us with an out of state sale, by constantly monitoring the property and assisting us in getting some remodel work done to help to facilitate the sale.  I felt completely confident putting my trust in them to act on my behalf and make good recommendations.   We sold our property quickly and were very satisfied with their service.  They were very professional and they communicated with us frequently throughout the process, keeping us informed of progress and feedback along the way. I would highly recommend them to anybody buying or selling property in the Sun City - Phoenix area.     Mike Range - San Diego
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Real Estate News!!!

Latest Realty News from NAR

Housing Affordability in July 2018

The NAR Research Group and REALTOR.COM have partnered to conduct an analysis of affordability at different income levels for all active inventory on the market.  The result of this analysis, the REALTORS® Affordability Distribution Curve and Score, shows that housing affordability across the United States declined in July compared to a year earlier. The main reason for the decline is that housing inventory remains very low, causing affordability to weaken in most areas of the country.

Nationwide, it is estimated that a household needs to earn at least $65,000 to afford more than half of the active housing inventory. Currently, the typical household, earning $51,500 can afford to buy 37 percent of homes for sale.

In July 2018, the Realtors® Affordability Score for the U.S. was 0.81. A score less than 1.0 means that households in many income ranges can afford a smaller share of houses on the market than their income percentile. For instance, under ideal housing conditions, households that earn $35,000-$50,000 should be able to afford 43 percent of homes that are currently for sale. However, they can afford to buy only 28 percent of homes currently on the market.

Metropolitan Area Affordability

Since all real estate is local, the REALTORS® Affordability Distribution Curve and Score identifies the metro areas with the most/least affordability challenges and tracks areas where affordability is weakening or improving.

Among the 100 largest metro areas, Los Angeles-Long Beach et al., CA was the least affordable metro area in July followed by San Diego-Carlsbad, CA and Oxnard-Thousand Oaks-Ventura, CA. In these metro areas, a typical household can barely afford to buy 4 percent of homes currently listed for sale. In contrast, the same household can afford to buy more than 71 percent of the housing inventory in Youngstown-Warren et al., OH-PA.

Compared to a year earlier, 66 out of the nation’s 100 largest metros became less affordable, whereas 7 were unchanged and 27 became more affordable. While smaller cities are starting to face affordability challenges, Spokane-Spokane Valley, WA and Boise City, ID were among the areas with largest decline in housing affordability in July. For instance, in Boise City, ID, the score decreased to 0.62 from 0.77 a year earlier. Let’s see what this means for households. A household earning $100,000 could afford to buy 64 percent of homes for sale in July,  while the same household was able to afford 77 percent of homes for sale a year earlier.

However, affordability improved in Denver-Aurora-Lakewood, CO and Austin-Round Rock, TX. Although Denver is one of the fastest housing markets, the score increased from 0.58 to 0.67 in July. This means that a household earning $100,000 could afford to buy about 43 percent of the homes currently listed for sale in Denver; the same household could afford to buy 39 percent of homes for sale a year earlier.

 

For more information, view the Realtors® Affordability Distribution Curve and Score data page > 

Which Metro Areas Have Rising Prices and Faster Selling Time as of June 2018?

Home prices continue to increase although the pace of price appreciation has slowed. As of June 2018, the national median sales price of existing homes sold rose to a peak of $276,900, the highest level since 20001 when NAR started tracking this data. However, the pace of appreciation has been slowing. In June 2018, the national median sales price rose 5.2 percent on a year-on-year basis (2.2 percent on an inflation-adjusted basis), a slower rate of growth compared to the price appreciation of near or above 10 percent in 2013.

 

The question is: will home prices continue to increase? One way to think about this is to compare the price appreciation with days on market. If properties continue to sell at a faster pace, this means that demand continues to outpace supply, and there continues to be an upward pressure on prices. However, if properties are increasingly staying on the market longer, then this means that supply is starting to outpace demand, causing prices to fall. As of June 2018, the median list price increased compared to one year ago in 419 metro areas tracked by Realtor.com (414 in June 2017). Meanwhile, properties sold faster compared to one year ago in 495 metro areas (395 in June 2017).

The data visualization below shows the year-on-year change in median list price (Y-axis) against the year-on-year change in days on market (X-axis). Most metro areas lie on the upper left quadrant where the median list prices rose and the median days on market fell in June 2018 compared to one year ago. There are only three metro areas where days on market rose and median list prices fell: Johnston, PA; Enid, OK, and Minot, ND.

In the high price metro areas, the median list prices rose compared to one year ago, but they have slightly declined compared to May 2018 levels. In San Jose-Sunnyvale, the median list price rose compared to one year ago (14.7 percent), but the median list price decreased compared to the May 2018 level (-3 percent). In San Francisco-Oakland-Hayward, CA, median prices rose compared to one year ago (8.7 percent) but also slightly declined from the May 2018 level (-0.4 percent). In Los Angeles-Long Beach-Anaheim, CA, the median list price also rose compared to one year ago (5.2 percent) but declined compared to the May 2018 level (-0.5 percent).

In summary, in many areas, demand is still outpacing supply, so there is still upward pressure on prices for now in many metro areas, although prices have started to trend downwards modestly in high-price metro areas (e.g., San Jose, San Francisco, Los Angeles). Affordability challenges, rising interest rates, and the modest increase in housing starts are likely exerting a downward pressure on prices. However, over the longer-term, there is still the upward demographic demand pressure from those in the 35-44 age groups (mostly millennials) who will increasingly get older, get married, have better incomes, and start forming households and buying homes. The U.S. Census Bureau projects the number of 35-44 year-old adults to increase from 41.3 million in 2018 to 47.2 million in 2028.

MedianPrices_DOM_DB4

A Dive into 2018 Member Demographics

This blog was written by NAR Research’s intern, Bronwen Leibe.

Hi again, it’s me, the research intern! Let’s take a closer look at this year’s member profile!

In the 2018 NAR Member Profile, females still make up 63 percent of all REALTORS®. This remains notably constant throughout years of experience (girl power!). Females dominate the profession, except in function breakdown; they make up a smaller percentage of broker-owners, managers with selling, and appraisers.

The median age of REALTORS® for 2018 is 54 years old. Although, there has been a slight increase in younger REALTORS® (30 years old and younger) to 5 percent.  The consistent largest age group, those 65 years and older, has increased from 17 percent to 20 percent of all REALTORS®. As a large population embarks on retirement, there will be the need for other generations to enter into the industry.

Interestingly, REALTORS® aged 45 to 54 are a larger portion with 2 or less years of experience than REALTORS® aged 30 years old and younger. Are people coming from other occupations? Well, only five percent of REALTORS® reported real estate was their first career. With 95 percent coming from another occupation, were their previous jobs helpful to a transition in real estate? Thirty-two percent of REALTORS® had a previous career in management, business, finance or sales/retail. To me, those industries’ skills are reasonably applicable to real estate.

Conjointly, education at all levels is a valuable asset for an occupation. Thirty percent of REALTORS® have had some college education, 13 percent have their Associate’s Degree. A third of real estate agents have Bachelor Degrees, while 13 percent have a graduate degree. Nonetheless, investment in your occupation is just as noteworthy as investment in your education. Seventy-two percent of REALTORS® said that real estate was their only occupation— showing that agents heavily invest their time into the industry. In fact, a considerable majority of 52 percent work 40 or more hours per week.  On top of working in real estate, two-thirds of NAR members volunteer in their communities! Already, REALTORS® play a big role in community building and it is admirable that NAR members are contributing outside of their occupation.

 

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