Neato Mortgage Math
Based on a $400K loan and a 6.875% interest rate, how much is a client going to save on monthly payment for the first year on a 2-1 buy down?
$510.89/mo
What is the estimate of volcanoes in Northern Arizona?
Estimates are over 600 volcanoes in Northern Arizona
YTD Median Days on Market?
62
What home improvement gets the highest ROI?
Garage Doors!
Average Cost $4,513
Average Resalve Value $8,751
193.9% ROI!
What is the Federal Reserves Inflation Target?
2% as measured by PCE (personal consumption expenditure)
Based on a $400K loan amount and a 6.875% interest rate, what would be the cost of a 2-1 buydown?
2.317% of loan amount or $9,269.52
What is the exact height of Humphrey's Peak in feet?
12,633 Feet
YTD June 2018 Median Days on Market
62
*Fun Fact, same stat for 2019 68
What is the average ROI on a deck addition?
Average cost $17,615
Average resale value $14,596
82% ROI
What was the last overall Personal Consumption Expenditure (PCE) reading?
June 27ths latest report showed a 2.3% overall YoY inflation with CORE PCE (excludes food and energy) at 2.7%
Based on a $400K loan and a 6.875% interest rate - if you and I split a 1%, 1 year buydown to incentivize a buyer, what would the net cost to your commissions be?
1/0 Buydown Costs $3,138.84, half is then $1,569.42.
*Client saves $261.57 a month for the first year:)
Why is Buffalo Park called Buffalo Park?
Named after the buffalo that were once kept there as a part of a privately owned zoo concept in the 1960's as a failed to launch tourist attraction 'Wild West Wildlife Park'.
June 2025 Absorption Rate
4.94 Months
(QUESTION A) Client owes $200K on primary residence at a 3.25% rate. Wants to do $150K renovation. Options are a new 30 year fixed loan at $350K at 6.99% or a HELOC that is interest only for first 5 years at 8%. What is the overall interest difference paid in 5 years between the two options? (assume current mortgage interest payment over 5 years to be $29,832)
HELOC option is current interest of $29,832+$60,000 =$89,832 in interest paid with remaining principal balance of $321,895
30 year fixed option is $148,684 of interest with a remaining principal balance of $321,641
$58,852 LESS Interest Paid on HELOC
Between April 2023 and March 2024, what were the cumulative downward revisions to the BLS jobs report?
BLS over-reported intitial job creations of 818,000 during that time frame, estimating a 2.9 million job gain vs the actual 2.2 - largest downward revision since 2009.
Lets supposde that prices drop 5% in the next 12 months and rates drop to 5.99%. Assuming a $500K purchase in today's market, what is the principal and interest payment difference on a 5% down conventional loan 12 months from now? (Assume same rate on calculation given ability to refinance)
95% Loan on Today's Market is $475K with then a $2,844.81 P&I Payment assuming refi to 5.99%.
With 5% depreciation, loan amount 12 mo from now would be $451,250 with then a $2,702.57 P&I payment at 5.99%.
$142.24/mo is the difference in waiting (Pretending Client has $2K rent per mo that's $24K in rents with ZERO ROI for the additional 12 mo)
How many cities in the US have a minimum wage higher than Flagstaff?
13
What month/year was the highest months of inventory for absorption rate in the last 3 decades in Flagstaff and how many months of inventory did we have?
July 2009 - 17.21 months
What is the average ROI on a Kitchen Remodel (midrange)?
Average Cost $27,492
Average Resale Value $26,406
ROI 96.1%
What was 2025 Q1 GDP in the US and when will Q2 be released?
-.5 was the final Q1 reading for 2025 - Q2 will be released on July 30th, 2025.
Client A decides to rent - they put $50K into stock market at 7.49 average S&P return and, based on lower rents of $2,000/mo, they contribute $800/mo to that account as well. Client B decides to buy - they put $50K down on a $400K purchase at a 6.875% rate, monthly payment is $2,800 so they do not do any additional investing or principal paydown. Assuming a 4% annual appreciation - who gets the greatest ROI in 5 years (including principal reduction)?
Client A: $50,000 with $800 a month, all compounding at 7.49% annually is then $103,633.24 after 5 years = net gain of $63,633.24.
Client B: $21K in Principal Reduction in 5 years, $400K appreciating 4% annually equals $488,398. Appreciation plus principal gain is then 109,398.
Homeownership beats rent ROI by $45K
What year was Flagstaff designated the world's first international dark sky city?
2001
How many more actively listings existed in July 2009 compared to June 2025?
July 2009 Active Listings 2,305
June 2025 Active Listings 1,177
= 1,128 more listings
*Fun Facts YTD sales at that time in 2009 was 478, Current YTD sales are 535. According to latest 2023 census, Flagstaff population has grown by 15,219 since 2009.
What is one of the worst ROI home improvements?
Additions! High cost, potential for 'over imporvement', can have 'messy floor plans'.
Average of 22-26% ROI.
How many of the 18 Federal Reserve (FED) members actually support some level of rate cut in 2025?
11 of the 18 with 2 of those only projecting 1 cut with the remaining 9 looking for 2. So essentially 50% supporting a more substantial shift.