It’s been a strange month for real estate in our market. Prescott and Prescott Valley are playing opposites – with one doing well on price but not so much on volume, the other doing great on volume but not so much on price.
If you're waiting for the days of 3% interest to return before you buy a house... we have some news for you. Tune in today to find out what you can expect, and how you can make the best decision possible.
good morning good morning good morning and hello hello hello to all beeps peeps of that’s right to all of our fellow pickle peeps out there happy to join you this morning and talk about the interest rates it makes you sad it makes me sad um sure do miss the dates uh you know when we had lower interest rates one more time we have any two and a half to 3 and half% it was a beautiful thing was a beautiful an unusual thing um honestly it was like getting free money it’s really not the most sound thing for E economy yeah and so we all got very very spoiled by that and we loved it but it’s really not the norm yeah um we did get used to it and we were adjusted to it but if you recall from the 70s and ‘ 8s interest rates used to be like 13 14% so we just were blessed for a little while there but it’s really not the norm no not at all and and and some would argue not even healthy to have a not really healthy for the the in terms of predicting where uh interest rates are going people will talk about the fed or they’ll talk about the inflation these are all things that people you know spend a whole lot more time studying that and actually get paid to do it uh we don’t do that uh but you know all those things are um uncertain one thing that you can hang your hat on is demographics demographics are unchangeable so we had Baby Boomers and then we had the what was it Gen X and then Gen Y is essentially uh the Millennials yeah the so we’ll talk about those three baby boomers are huge you know we had a bunch of baby boomers Gen X was the baby bust yep and in Millennials they call the echoboom yes so here’s what you need to know uh when people reach a certain age they start investing you know they’re kind of past raising the kids and all that and they’re reaching the maximum of their income potential they start investing money that is the supply of money oh is it yeah that’s that’s where investment dollars come from it comes from people investing right never knew and you got to have money to do that and Baby Boomers during the time we had very they had lots of money cuz most of them had not retired yet M okay mhm the people who were using the money those are people who are doing things like buying homes starter homes cars raising children education those were the Gen xers or the baby Busters okay that’s me that’s you yeah she’s a baby buster I’m a baby bu yeah I’m the youngest I’m in the the cohort the youngest of the uh the Baby Bloomers yeah yeah so what we had was we had a bunch of people supplying money and very few people demanding money so interest rates went down yes it’s it’s just that simple I mean all the other you know factors and everything it came down to demographics y yeah so that’s why it was so it’s so unusual to get demographic shifts historically unless you have you know a plague or something uh well we kind of did yeah we kind of did we kind of did we didn’t that was not a plague plagues kill you know third a third of the population had nothing like that but anyway well not good was not good but it it did not affect the interest rate No it sure right all right so moving forward what we have is the Gen xers the baby Busters are now entering the phase where they can invest and the Millennials the the echo Boomers they’re going to start borrowing so what that means is you’re going to have very high demand and very low Supply meanwhile the Baby Boomers they’re all probably let a three4 of us have reached 65 now something like that so most the rest are dead dead or retired you know but for the purpose of this conversation they’re not investing money they they if they invest their money they put it in very safe stuff you know T bills or something like something very conservative because they have a nest preserve it MH so we’re going into a phase now where you can anticipate very low Supply and very very high demand of money and that my friends means interest rates are going to stay hot yeah which is kind of a bummer yeah it’s a bummer and you’re going to have some movement you know short-term things are going to move the rate around but I think the days of 2 and a half% mortgage rates I don’t it’s going to be a long time till it comes back yeah I just don’t see how that’s going to happen but historically even 7% is still a good rate a good rate uh you know as I said when you compared earlier we had aunts and uncles that had had 16% interest rates so and again even don’t let it scare you even at 7% because hopefully with time things the rates will drop you can always refinance it’s not like you were tied to this for the rest of your life with this huge Rock tied around your neck yes not really I’m sure with time things will adjust refinance at that point yeah if you have to borrow let’s just say the g rate now is about 7 and a half I think let’s say you borrow at 7 and a half uh one of three things is going to happen the interest rate is going to stay the same well you you got the going rate interest rates are going to go up thank God you got the rate interest rates are going to go down you refinance yep you know but uh the idea that in you know 3 months it’s going to go down to 3% no get past it get on with your life none of us are young anymore you need to move on some of us are young young at heart yeah be young at heart and move on with your life don’t don’t let the the interest rates drive your life cuz you could sit there waiting for I mean don’t play that game just just grab Life by the horns get out there and do it don’t let this all don’t try to play The Guessing Game I’ll wait a year or two it it it may be worse so now is the time be decisive just accept it move forward get there and start your new chapter yeah absolutely don’t play that waiting game you’ll drive yourself crazy I’m already crazy with you know um this one I don’t need to worry about the rest of that baby buster can you believe that she Buster I believe it that’s our tip of the day if you like tips the place to goes pickle 411.com that’s our free information site whether you are buyer seller somewhere in between there’s something there waiting especially for you that will Astound Amaze inform and entertain you silly and it’s all free it’s all free it’s all we don’t charge anything for charge anything we just share our wisdom yeah less than going to a pay toilet you know you go to our free information I’ve never gone to a pay toilet Remember You The Quarters oh you’re you’re a baby buster remember that yeah little quarter and you go in that’s I never heard of such a thing why is that any worse than a bathroom you just there’s a little quarter you put in that’s ridiculous used to do that used to have you used to have these metal things they called them coins [Laughter] and it was almost like a credit card oh yeah yeah I have a vague recollection anyway give us a call Diana Randle bro here your local Friendly competent smart hardworking agents we’d love to help you absolutely take care have a great day bye bye
Chances are you do not have enough insurance in place for a disaster like a house fire, flood, storm, etc. How do we know this? Watch our latest video to find out.
oh my God oh my God that was a lot that was very aggressive too aggressive too aggressive I’m still a lion hmm okay Diane and Randall bro here are coming to you from Prescott Arizona our lovely little Hometown I said I know what is wrong with us today what is in this stuff I’m really tired I’m really tired sorry everyone here with a uh a little warning for people yeah a neighbor of ours told us yeah within Insurance something never really thought about um so homes have appreciated a lot since covid uh we had back to pack 30 appreciation for the two covid years and uh so that means people here and people around the nation now own homes that were worth a whole lot more than they did before that’s right yay for them yeah and so it’s very important to re-examine and talk to your insurance agent about the value of your home and more importantly the replacement cost of your house yes with these new appreciated values what used to be maybe I’m just making this up 400 000 to rebuild your home if it burned down yeah could now be 800 800 000. so it’s very important um with this appreciation recheck all of your values because if your house burns down or gets flooded or this that the other is completely destroyed you’re not gonna get it you’re not going to be able to yeah replace the home and rebuild in in the fashion that you had so I I think he cited a statistic I think it was like two-thirds of America American money owners so are you out underinsured have we done this no we haven’t done this so you see we haven’t even do what we do do what we say that’s right yeah don’t do what we do we will we’re in the process we do have to do this for sure do this for sure but it was an eye-opener when he said that and nobody wants to find out the hard way when you’re in the middle of a terrible crisis yeah and so if uh you know it might get pricey insurance is particularly pricey in a number of areas around the country uh to reduce the uh the premium if you just you know up the value of the uh the benefit uh your premiums are going to go way up one way to battle that is to up your deductible uh you’re much better off you know uh in ensuring your home for the full value and raise the deductible five thousand ten thousand dollars then to continue to pay the lower premiums and have a value Gap so that’s right so you might want to put out a little bit more uh in your um in your kitty in your kit you know because teapot that’s still going to be a lot cheaper than having to find an extra 300 400 Grand to rebuild um so anyway keep all of that in mind so just something we thought was very interesting and something it is on our to-do list maybe one day it is if it’s on the to-do list we’re gonna get there don’t follow our example at all but we do want to share this because we thought wow what a great Point yeah we’re so glad he shared that with us and so we thought this is something our clients and folks out there need to know yeah absolutely call your agent have them look at your policy yeah look at where you’re valued now and make any necessary adjustments and if you’re having trouble figuring out what the value should be I mean your insurance insurance agent might be able to do that but then again that’s kind of given your insurance agent efficient license I don’t know what my home’s value how much rooms are two billion dollars so uh anyway if you if you uh if you want an unbiased valuation in your home just uh hit us up and I’ll do that we’ll try to help you out okay so that is a very important tip from Diana Randall bro coming to you your favorite Realtors local Realtors you are our favorite real tires that’s right we are your friends that’s right Some People Like Us kind of like a pug yeah just don’t give up and we can be in a choir taste that’s why I get it that’s fine I don’t need to win them all you know what I mean I just need to name racing tens that’s right so anyway give us a call we’d be happy to help you find a home answer a lot of questions help you as you think about make possibly moving to a new area we did it we’re here Seven Years love it no looking back that’s right happy to guide you refer you to some good insurance companies as well so uh if you need any other information you can go to medical411.com that’s our free information site whether you’re a buyer seller or somewhere in between there is something there waiting for you that will Amaze astound and inform you and tickle your funny book maybe or whatever whatever you want tickled I guess we’ll take away okay that’s yeah whatever will make you laugh how about that okay yeah it’s all getting weird now but anyway so we’d love to hear from you we’d love to help you in your next steps and share more helpful tips with you absolutely so give us a call we’re at 713-302-1964 take care and have a great rest of your day bye bye
Arizona's governor recently placed the entire state under a heat emergency. Watch this week to find out what that means and, more importantly, why this and other news items you might see, simply don't apply to Prescott.
hello hello hello hello happy to be coming to you live live recording this live Diane and Randall bro here in lovely mountain town at Prescott Arizona that’s us that’s right Mountainous Landscape you think mountain town you don’t think of Arizona but here we are yeah we are mountain town it is a lovely Mountain Town kind of like Flagstaff not quite as high as Flagstaff um but nothing like you ever thought you’d see in Arizona that’s right people think Arizona is a desert the whole state is a desert about half of it is really pretty mountainous and yes not so much no I guess they call us a high desert not cinnamon desert right right High Desert good low desert bad yeah so we’re here in the high desert we have four seasons um the governor recently declared a heat emergency in all of Arizona all of Arizona it really didn’t apply to us no I don’t know why she did that yeah at the time Heat Emergency of the heat emergency I think our high that day was 85. it was so when you hear this very alarming temperatures Etc yes it does exist down in Phoenix or down the hill as we say when you live up in Prescott I’m going down the hill down the hill which means or the Valley Phoenix they did have a heat emergency they were having quite intense temperatures yeah they broke records I guess that was for July yeah uh so they broke some records and they did they had some very treacherous um scary stuff scary stuff going on not here though it did not apply to us well it applied to us because the governor said it did but right but yeah technically not really so our temperatures may get perhaps in July in the high 90s yeah which we kind of look for because then that sets the monsoon pattern and creates the rains which we really love and want which we’re getting so right now Four Seasons so we can tolerate a few days of a little high 90 Heat so as long as it can bring on the montoons and when they come in the temperatures drop to the 70s it’s completely delightful yeah so uh when you hear these enormous High temps down in the valley it really is not us really don’t be scared by that yeah and it’s going to be piercing sometimes like you’ll be in Prescott watching the weather and you’re watching weather in Phoenix you know yes that is a good point yeah there’s something you should know we don’t have a local TV station here so all of our news that we see is coming from Phoenix so sometimes you’ll be sitting down there and listening to oh my gosh yeah yeah what’s going on did you hear that happen it’s not here it’s in Phoenix you have to kind of take it with it yeah same thing with crime same thing with crime yeah yeah my mother doesn’t seem to get that she watches the news oh I heard there was a murder right downtown like then in Phoenix keep that in mind if you’re watching the local news the quote local news it’s really Phoenix news so when they’re talking about those temperatures and things like that it’s really not Prescott proper yeah that’s right so when you hear heat emergency don’t equate it with Prescott even if the governor says it’s the whole state she’s a liar she’s a liar that’s a little strong I don’t think she thinks much about uh areas outside of Phoenix that’s a joke that’s a joke relax relax I’m not calling the governor a liar that’s the joke it’s just a joke I’m getting a little Punchy it’s been a long day it’s been a long week so anyway Local News we just don’t want you to get thrown by that and think that that applies to Prescott yeah it really doesn’t we have not been on any heat advisories heat warnings we haven’t been on any water restrictions none of that happens that stuff applies here okay so our Summer’s kind of over we’re in the month yes we’re already I’ve been walking in the morning it’s already getting a little nip in the end you can kind of see fall is on the way and here it is the end of August so it’s uh delightful yeah absolutely it’s very nice so when you hear heat emergency heat advisory water restrictions etc etc does not apply to fee uh that’s right so she’s alive you’re a liar I am a liar so anyway we just wanted to share that with you um in case you had any concerns uh don’t Transition to Fall be yeah so if you need any information about life in Prescott that’s our tip just try and take it straight tip of the day if you like tips we got plenty for you you go to our free information site pickle411.com there you’ll find all kinds of delightful informative and entertaining things to astound and bewilder you and it’s all absolutely free absolutely free um you should check it out yeah we’re happy to help you where your favorite Visiting Prescott Realtors here in Prescott happy to help you and find that new place and start a new life every time you say that I feel like I should be dangling a watch well I mean that’s part of the deal I’ve learned that yeah trying to hypnotize you people see if you can see all the subliminal things that’s it you’re a fisherman there you go all right so that’s it good to see you and we hope to hear from you soon come make a visit we’d love to show you around Diana Randall bro here coming to you from Prescott Arizona bye
When we heard about Yappy Hour, we thought "oh, this will be cute!" But when we went to check it out, we never expected what we found. Watch this week to see why this event is way more exciting than it sounds.
little peeps hello Diane and Randall bro here coming to you from Prescott Arizona we are your local Friendly uh Realtors just loaded with knowledge expertise fun I really like to think so at least a fun day the fun bit Yeah I do bring a lot of Comedy yeah we try we try to make it fun yeah we’re here to talk about something that just happened here in Prescott Lakes where we live which is a great community a huge neighborhood we love it they had something called yappy hour and uh we they anybody who lived in Prescott Lakes could bring their dogs right uh to the greens where did we go yeah with the uh driving range driving range and so I’m like that’ll be cute and then you could make a donation to the local vendor yeah well to the animal shelters and bring donations there with bones for the dogs but what was shocking was so I’m thinking okay that’ll be cute oh oh my gosh it was like a real event [Music] a great table set up they had a uh they had a beverages alcohol they had food they had all these different vendors for dogs and cat I mean all this great stuff and you could bring your dog it was a beautiful day walk your dog on the green meet other dogs meet other people it’s a great idea first of all so much fun Prescott is a huge and you don’t necessarily meet other people with their dogs if you’re walking you see the dogs you know who owns them uh so this this was an opportunity for all the dog owners to kind of show up and it was hilarious because some of the you know people would know your dog oh I know your dogs you know what are their names and I walk by them all the time your dog said the ones that bark at it yeah you’re the dogs are the ones that Barker we got them yeah those are right not the best title we wanted to have yeah they’re puppies they’re puppies yeah we’re trying but we had the best time and so hats off to Prescott Lakes yes for having such a great event yes and there was a general manager of that cabin was his idea it was and what a great benefit great idea it was a great benefit went over huge everybody had a great time and puppies got to meet each other and everybody got to chit chat and what’s not to love and a beautiful sunny day it was a beautiful to be surrounded by lots of cute puppies and dogs and yeah I mean we just had the best time and our dogs were very well behaved yes our dogs were not the worst no they weren’t I was and I was very happy about that I was very happy about that yes so anyway we just wanted to share that that if you moved to Prescott Lakes like we live they have a lot of different events like this this was the first time they did yappy hour happy hour but uh we’re gonna do it again because they’re gonna do it again over so well it was special everyone was so happy about it so yeah that’s just one of the many events that Prescott Lakes will put on besides their music that they have and and Fun Stuff they’re always doing something cooking uh classes it goes on and on and on so this one was so unique we thought we’d mention we had to share a happy hour just something it just it was a great idea never heard of it before that’s right what a what a great event and what a great fundraiser yeah I mean it was really nice to help out the animal shelter so not a bad thing absolutely so if you move here to Prescott and you are a dog lover you might consider Prescott lake so you too can come join us at yappy hour yeah it’s not that town loves dogs here yes we had I think we had another video that talks about places you can restaurants you can go that welcome puppies yeah yeah it’s great yeah all right my friends I think that is it for today I think so anything else about yappy hours no that’s it for happy hour that’s it oh and yappy hour they also had music playing too so it was a lot of fun yeah some of the dog stands some of the dogs were dancing yeah it was great I made a couple little introductions so look like little love stories happening matchmaking yeah yeah it’s all good so yeah that’s it for yappy hour see you later and we hope to see you soon and uh give us a call if you’re coming to Prescott I’d love to help you bye
We've mentioned how great the Prescott music scene is, but today we'll introduce you to one of the reasons why - Stefnrock! Find out why this duo is so fantastic, and how you can check them out as well.
good morning and hello hello hello peeps I am Diane bro the local pickle lady ask a pickle lady Prescott pickle lady like it says in the cup just like it says in the cup yeah there it is this is uh my sidekick Randall bro we are local Realtors here in Prescott always happy to come chat with you about all multitudes of multitudes of things some interesting some boring I don’t know we like to cover things real estate we also like to cover things about just living in Prescott and the fun things they are hard to do and that’s what we’re here today to talk about we want to talk about one of the local bands and one of those love them one of our earlier videos we talked about the local or Regional bands that kind of develop a local following yep uh and today we wanted to talk about one of those so the name of the group is steppen Rock Stefan Rock Stefan Rock if you’re listening you can thank me later yeah yeah you’re welcome I’m doing a little place that’s right great great music they play all kinds from the 70s the 80s night I mean they go on and on they’re great uh everything this is a this is a couple yep and we’ve seen him two or three times now but we kept hearing that it’s Stefan Rock Stefan Rock so you need to go you need to go you need to go you need to go so I guess it was Memorial day we were over at haciampa the uh yeah which is in Hacienda uh and joining some friends there and uh they had a band so we’re sitting there eating and we’re listening to music and we’re thinking wow this is really good they are really good they are really good A lot of my favorite songs yeah and really well yeah yeah oh my God so at some point I said you know I need to go find out the name of this band that’s right so I walk across the courtyard and stuff and run Stefan Rock so were they the ones who started in Vegas and yes there’s so much competition yeah they were in Vegas and you know there’s a lot of things going on in Vegas and nobody is there all the time uh well I mean they have locals that live in Vegas but for the most part people who are going to the shows are not from the town so it’s hard to develop a local following there um so I guess they struggled eventually they ended up in Prescott and uh they started playing Regional I don’t know if they live in Prescott I don’t know but they got the following they got a following you everybody loves them and someone was talking uh talking to them and they were saying now that we live here our calendar is completely full they’re booked completely focused and we’re excited about them yeah they hear them they want to hear them again we have any number of musical venues that you can go see them so you can pretty much go see them every day if you wanted to once they’re playing almost everything they float around and they go from place to place they are amazing they are amazing so uh sometimes they’ll play at a venue they might play at the park and people will come and we we bring our our chairs our lawn chairs we can go sit out and listen to live music and so the other day we did that we went to see somebody and um anyway everybody brings their lawn chairs and we sit in a circle and we have a glass of wine this that and the other and Randall’s like we should bring extra chairs because more people came walking by throughout and they’re like oh we want to join you can we yeah if you’re going to an outdoor venue bring a few extra chairs because more more than not you’re gonna see some friends there who weren’t planning on this sitting down and listening to music but they want to join yeah and then in that fun you know so I sat on the grass for a little while to one of my or one of our friends coughed up an extra Chariot in his car and I was very happy so a little tip there if you remember when these uh outdoor venues bring some extra chairs because you’re going to run across somebody yes it might be me yeah yeah we might join you okay you never know never know so we love our music scene here love it love it love it great bands and Stefan rock is one of them one of the best so we hope to see you one day at a stuff and rock show Absolutely and we’ll have a good time yes okay that’s it for today bye bye
Moving to a new town can be nerve-racking, especially if you don't have any friends or family there to ease the transition. Watch this week to find out why starting a new chapter in Prescott is easier than almost anywhere else.
hello hello peeps and hello and hello Diane and Randall bro cheers to you well all right we will okay here in Prescott Arizona coming to you live when you see it it won’t be live that’s right but it was live when we did it at this present moment it’s live we’re not computer generated no we’re this is no AI involved here uh we are no I at all pretty much yes yeah hardly any real human flesh here we’d look a lot better yeah that’s right sure I think my AI will look better yes here to talk about newcomers newcomers so that’s one of the things that you need to know about city of Prescott so there was a indigenous population of Prescott uh probably up until you know 2008 I guess was the big financial crash and that was pretty much the town the people have kind of been here a long long time and then right about the time that we start we came here I guess which was 2016 or something like that um then nuke it became more of a retirement Town that’s right and now this town is being kind of taken over by the newcomers newcomers so if you’re not summer that’s maybe not such a great thing I you know but uh if you are a newcomer it’s a great thing it’s a great thing because honestly everybody’s in the same boat yeah um most people come here they don’t have friends they don’t have family they don’t have children here they’re just coming to enjoy their golden years and our beautiful you know tail and and so you come here and and uh we’re all in the same boat so it’s very easy and I also have found it’s a super super friendly Town yes so you could sit at a restaurant and at a table and then just chat with somebody across the way they’re all in the same boat yes so they’re like hey how are you when did you move here that’s true true the people who are native here too absolutely everybody here it’s a very welcoming friendly town and depending on what neighborhood you go into uh you know most of them have things structured for you to meet other people as well especially like Prescott Lakes yes where we live huge social amenities uh clubs within the club hiking club book club uh you know social events so if you don’t get out if you don’t join those things well you know yeah yeah that’s on you and you want to meet people you’re not meeting people it’s because you’re staying in your house that’s right and you’re spending all your time looking at your phone or something like that that’s right we have so much going on in this town you don’t even have to live in Prescott Lakes which is lovely to meet people but uh even anywhere there’s so many activities there’s music scene is big big pickleballs art galleries yeah I mean they’ve got so many things going on they always have events going that you can go and meet other people and we’ve made a lot of friends that way as well so uh you know don’t be afraid like I don’t know a soul there neither did we neither do we another thing that’s really nice about a town of newcomers too is that it’s very Cosmopolitan we have people here from all over the country with all kinds of experiences uh most of them are very accomplished you know that there were a lot and they’re look going into their golden years so that they tend to be very accomplished and educated and just interesting Folk that’s right uh with interesting hobbies and some of the best people I’ve met I’ve met here and impressed as a newcomer as a newcomer as a newcomer so please don’t be afraid to make a new start in a town where you don’t know anybody believe me you can do it well yeah it’s pretty much you know I mean you’ll make it here in Prescott yeah you will everybody’s super great super welcoming so don’t be afraid yeah that’s right get over here and meet some new people that’s right and start your new chapter if you’re shy you give me another shot to you that’s great that’s good there’s a group for that too I’m sure yeah that’s our tip for the day if you’re into tips we got plenty for you you need to go to pickle411.com that is our free information site whether you are a buyer or seller somewhere in between there’s something waiting for you that will educate uh inform and Astound you and it’ll only cost you ten dollars no that’s not true it’s absolutely free absolutely free it’s a pickle41.com lots lots there lots of things to do things to say that’s why my wife yes yes true true so get here and be new and come meet us that’s right we’d love to meet new people yes okay take care bye
