I think it is safe to say that anyone selling a solar home has an added twist to the typical sales process. Solar, whether it is owned or leased, is often misunderstood, poorly marketed, and its potential as a sales tool is never fully realized. Most real estate agents do not have solar themselves let […]
In 2017, there were a total of 2,597 solar homes sold in the Maricopa County area, including homes with monthly solar leases, homes with prepaid solar systems and homes where the solar system was owned outright. Out of the total solar sales in the Phoenix area, 62% of the homes involved solar leased systems while […]
New reports come out each month describing how much more solar panels add to the value of a home. Reports from the Appraisal Institute, studies from Berkeley Labs and analysis of solar home sales from metropolitan areas throughout the country repeatedly show that solar panels add to the value of a home. However in the Phoenix […]
Sales of solar homes in Maricopa County ticked up in the month of June 2015 at what is typically the beginning of the summer decline and end of the spring buying season, according to recent data from the Arizona Regional Multiple Listing Service (ARMLS). While Phoenix solar homes only accounted for 1.82 percent of the total single family […]
New research sponsored by the Department of Energy shows that buyers are willing to pay more for homes with rooftop solar panels — a finding that may strengthen the case for factoring the value of sustainable features into home appraisals. The study, conducted by the Lawrence Berkeley National Laboratory in California, examined sales data for almost […]
You may think that selling a home with solar is the same as selling any house in the Phoenix area, but solar adds a unique dimension to the selling process. As the home seller with a solar array on your home, whether you own the solar outright or are leasing the solar system, there are […]
Many home owners and home buyers in the Phoenix area look at a solar owned system as the gold standard for solar homes in Phoenix. A solar owned system is a solar photovoltaic system that the home owner purchased and bore the cost of installation without the limitations of a monthly lease payment or 20 […]
With the advent of new appraisal addenda for residential real estate appraisals in Phoenix, real estate appraisers can quantify tangible value that they can add to a home’s value if the solar system is owned by the home owner and not leased. However, the added value is not just limited to an increase in property […]
Whether selling a home or refinancing a property, the question of value becomes a central focal point for a home owner. Value determines how much a seller can clear upon the sale of a home or how much s/he can borrow against their property. For many, the question of value is often determined by a […]
The headline for the month of July is, “Solar Leases Maintain Pace with Remainder of Resale Market” since homes with solar leases sold just as quick as resale homes in Maricopa County. The number of solar home sales in Maricopa County (Phoenix, Scottsdale, Surprise, etc…) was down slightly in July 2015 when compared to June […]
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