Adam Tarr - Phoenix, Scottsdale, Arizona Real Estate Blog

New High Prices reached

July 14th, 2005

Hi, Records continue to be reached in the Phoenix metropolitan area when it comes to real estate. Median home prices have reached a new high at almost $250,000. The new median high is $249,900 up 43% from $175,000 at the same time last year. 11,545 existing homes sold last month, just shy of last years record of 11,656 for the same month. Even with that, the year to date total is up to ...

Posted in General

Be Prepared 2

July 12th, 2005

Hi, I can't really stress enough the importance of speaking with a lender before you search for a property. I spoke with a gentleman yesterday who is looking for a specific type of property. I asked if he knew what price range he wanted, and if he had spoken with a lender. The answer to both was no. With a few simple questions, we can get a feel for what you can qualify for, but a lender ...

Be prepared

July 11th, 2005

The Boy Scouts have it right. In this market you need to be prepared. Real estate in many areas of the Phoenix market does not last long. While we do not suggest that anyone rush into a purchase because they feel pressured or are overly emotional about a particular property, you need to know that you are qualified and that is the right fit for you. This was proven once again this weekend ...

Posted in General

Busy day

July 10th, 2005

Hi to all! Well, Adam was right yesterday - it was a busy day! He took investor clients out to view multi-family properties in the Phoenix area. Investment properties are still hot commodities in Phoenix; the secret is out about our great appreciation levels and quality of life here. One of the homes they saw had 100% occupancy, PLUS the seller resided on the property and would be leasi ...

Posted in general

When should I buy?

July 9th, 2005

Hi, We will both be out with clients tomorrow, should be a busy weekend. I had a long conversation about whether it's the right time to buy with some guys I know today. These are all young guys in their 20's. One owns a home, and wants to leverage his equity to continue moving up. Good strategy. The others basically said, "should I buy now or wait?" Obviously the answer depends on each ...

Posted in general

Are you Investing?

July 8th, 2005

Hi, The Phoenix real estate market has been experiencing a tremendous boom in the past year. Throughout the valley, whether in Scottsdale, Chandler, Queen Creek, Peoria or anywhere in between, people buying investment properties have helped to drive the market. Don't forget to get the best counsel possible if this is what you are thinking of doing. Owners who sell an investment property ...

how's the market

July 7th, 2005

HI, The Phoenix real estate market is still hot. Scottsdale real estate market? Hot. Southeast Valley real estate market? You guessed it. Also hot. There was an article in USA Today, today, that says the brakes were tapped on the market in the past month. Nationwide sales were slightly off what they were for the month before. But, it also stated that the overall market is still close to ...

How can we help you?

July 6th, 2005

The Phoenix real estate market is every changing. “Look before you leap!” xml:namespace prefix =" o" ns =" "urn:schemas-microsoft-com:office:office"" / Most kids have been asked at one time or another if they would jump off a bridge, just because their friends did. And most kids responded “NO!” because they knew that was the correct response. But if you look at the tren ...

safe 4th weekend

July 4th, 2005

HI, No real estate talk today. It is the holiday weekend. Many of us will have barbecues, spend time with friends and family and watch fireworks. I am including a quote from a commentary that I read by Avi Frier. "This Independence Day, let's show our appreciation for a country that defends our rights to live in freedom, to practice our religion as we desire, and to accomplish almost anyt ...

Posted in general

SOLD!

July 2nd, 2005

Congradulations to the Vidmiches - they are now under contract for a GORGEOUS home in Will Rogers Equestrian Ranch! This is the neighborhood we mentioned the other day - it's in Queen Creek, with custom-built homes and a community horse stable. If you would like horse property, but still want a 'community' feel, this is the PERFECT neighborhood! Queen Creek will remain 'horse-friendly' as ...

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New High Prices reached

Be Prepared 2

Be prepared

Busy day

When should I buy?

Are you Investing?

how's the market

How can we help you?

safe 4th weekend

SOLD!

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