Jim Barker Team - Arizona Wholesale Mortgage Inc.

20/07/2025

Just send me a message or give me a call! 🏡

25/06/2025

**Homeowners are 43x wealthier than renters.**
📊 (That’s real data ~ straight from the Fed.)

The *average homeowner* has a net worth of **\$430,000**.
The *average renter*? Just **\$10,000**.

**Why the massive gap?**
🏡 Homes *appreciate* in value
💰 Ownership *builds equity*
🚫 Rent is a cost ~
✅ Buying is a strategy

Yes, mortgage rates are higher today.
But that hasn’t stopped home values from climbing.

**Long-term? Ownership still wins.**

If you're renting and wondering if it’s worth it...
**It is.**
You just need a plan to get there.
📲 DM me — let’s talk strategy.

18/06/2025

Take advantage of the tax savings! Stop paying Rent. :-)

18/06/2025

June 18, 2025
The U.S. Federal Reserve has announced there will be no change in the federal funds rate at this time.*
The Fed announced there will be no change in the federal funds rate today. Rates are still great!

17/06/2025

What’s the role of housing wealth in your retirement plan?

20/05/2025

Great news for buyers: the market is finally shifting in your favor! More inventory means less competition and more options for you."
Whether buying or selling, now’s the time to make your move. Reach out and let’s talk strategy! :-)

11/03/2025

📈 Mortgage rates are hitting a 4-month low! 🏡💰

If you’ve been waiting for a better time to buy, this might be it. Rates have dropped 0.5% in just two weeks, the fastest decline in months. That means more purchasing power and better deals for buyers.

Here’s what that looks like:
✅ A buyer with a $2,500 monthly budget for principal and interest can now afford a $417,000 home up from $395,000 just days ago.
✅ The monthly payment on a median-priced home has dropped by $105.85 in two weeks.
✅ If economic data stays weak, rates could drop even more—but if not, they could bounce back up.
✅ Bonus - More inventory means more options and room to negotiate.

Give me a call if you’ve been standing on the sidelines waiting for better rates.
Jim

31/01/2025

Why Wait for Spring? Buying Now Has Its Perks!
Many buyers assume spring is the best time to move, but here’s the truth: winter can offer some major advantages.
With fewer buyers in the market, home prices often hit their lowest point just before spring competition drives them up.

Why wait and pay more later? Let’s connect and explore how buying a home this winter could work in your favor! ❄️🏡

07/01/2025

If you or someone you know is planning to buy or sell real estate in the next 6 months, here’s what many buyers (and sellers) are missing out on by focusing only on rates:

1️⃣ TRUTH: Rates are currently at their highest point in the past six months. While this might seem like bad news, many uneducated consumers stop here and decide to wait for lower rates, sidelining themselves.

2️⃣ TRUTH: We now have the most inventory since 2020. However, we are still far below the “normal” level needed to meet population and demand. Real estate is hyper-localized, so it’s critical to pay attention to neighborhoods. Homes in desirable areas with fair pricing and decent condition are not sitting around waiting for rates to drop.

3️⃣ TRUTH: Time on the market is longer, but remember, a “normal” market isn’t one where homes sell in 2 days with 12 offers. Historically, 30-45 days is typical.

4️⃣ TRUTH: When rates go ⬆️, buyers decrease ⤵️. But when rates drop 📉, buyers flood 📈 the market. Those winning in today’s market are the ones looking beyond rates to opportunity.

5️⃣ Payment is what matters.
I recently spoke with a buyer who was able to secure a home for $64,000 less because the market is slower right now. While his monthly payment is about $125 higher due to current rates, he understands that this temporary increase is minor compared to the $64,000 in savings.
🧠 Here’s the strategy: A 1% lower refinance rate in the future could save him $328/month, while owning the home at a lower price. If he had waited for rates to drop, he’d likely face a bidding frenzy, higher prices, and less inventory—all because demand would skyrocket.

The takeaway:
Work with advisors in mortgage and real estate, not just “salespeople.” Ask for detailed projections—not just the rate or price—but numbers over 3, 7, and 10 years at modest appreciation rates (we start with 3%).

Let us help!
If you’re considering a move, ask your Realtor to connect with us. We’ll guide you through the math and opportunities so you can make confident decisions.

Jim Barker
VP - Loan Advisor
NMLS 242000
Arizona Wholesale Mortgage Inc.
NMLS 19254 MB 0902107
📧 [email protected]
📱 (602) 686-1885
🌐

Whether your goal is to finance your first home or your last home or want to use your current housing wealth to sustain your retirement lifestyle, Reverse Focus has the right loan for you.

25/12/2024

The Home Alone House Financed: 🎄🎄

671 Lincoln Ave
Winnetka, IL 60093

Value: $5.25M
Down Payment: $1,312,500 (25%)

P&I: $24,888 (6.5%)
Taxes: $4,156
HOI: $408
Total: $29,452 😳

Alarm System:

- Swinging Paint Cans
- Heated Doorknobs
- Fuzzy Tarantula
- Glued Feather
- Iron Drop
- Marbles
- Tar

Keep the change you filthy animal.😉

05/12/2024

🌟 Good News on the Horizon! 🌟

The housing market is showing signs of improvement, and 2025 could bring exciting opportunities for both homeowners and buyers! 🏡

📉 Mortgage Rates: Experts predict rates may begin to gradually decrease, making homeownership more affordable for first-time buyers.
🔄 Refinance Opportunities: Current homeowners might find new chances to refinance and lower their monthly payments.

Debbie and I are keeping a close eye on these trends to ensure you’re always in the know and ready to make the most of what’s ahead.

Thinking about buying your first home, refinancing, or exploring your options? Let’s chat—we’re here to guide you every step of the way!

📞 Send us a message or comment below to start the conversation.

16/10/2024

Average net worth:

-Renter: $10,000

-Home owner: $396,000

“But Jim, my uncle Tony said the rates are too high…” 🤦‍♂️