Phoenix Area Real Estate

HI,

We thought we would provide another Real Estate Word of the Day.  Todays word is:

Closing - The final settlement of real estate transaction between buyer and seller.

We could go on and on about this one.  We'll try to keep it brief. Closing means many things to many people, but the above definition sums it all up.  Many people think that when they sign the documents at the title company, that is the closing.  No, that is just the signing.  Closing could also be stated as the time when escrow closes.  That is after the loan funds, and the deed records with the county.

As always, if you have questions

Well, we mentioned this a few months ago, but apparently now it is official. Here is text from an article in the AZ Republic this week.

For more than a year, Phoenix has looked forward to surpassing Philadelphia in population to become the nation's fifth-largest city. It didn't happen quite as fast as projected, but results of Maricopa County's official mid-decade census have ended the wait.Phoenix had 1,475,834 residents as of Sept. 1, or 12,013 more than the Census Bureau estimated for Philadelphia as of July 1. Phoenix has been growing by an average of 77 people a day, and Philadelphia is losing population at 27 a day, so the two-month differential

CONGRATS to Ryan on his new investment home!  He closed on a 1 bedroom at Arcadia Residences, a Condo Conversion in the Camelback Corridor/Biltmore area.  This is a gated community with big floor plans, updated amenities and a location that can't be beat!  1 and 2 bedroom homes are still available, as well as occupied units for investors.

For more info on Arcadia Residences, please contact us at arcadia@weareazrealestate.com.

Sharon Kotula, ABRAdam Tarr, ePROYour Phoenix Area Real Estate SourceRE/MAX ExcaliburScottsdale AZ480-483-3333

www.WeAreAZRealEstate.com

 

Hi,

We are always thinking of including information on our blog that will be helpful to you our clients and anyone just looking for real estate info.  Today we will begin a new item, call the word for the day.  We will provide a general term or two with a definition and maybe some additional comments.  We realize that many of these seem to be obvious, but we don't want to leave anyone out.  If there is a specific real estate term you aren't sure about and would like defined, please let us know.

Today's words:

Appraisal - An opinion of value based upon of factual analysisAppraisal Methods - Generally, there are three major

We are proud to announce that this Saturday, June 24, 2006, 12:00 PM to 4:00 PM we will be hosting an Open House at 25423 N. 65th Ave in Entrada Northeast, Glendale. This is an opportunity to visit this excellent Single Family Detached for sale in beautiful Entrada Northeast. Please come with any questions you may have. In the meantime you can take a virtual tour of this Entrada Northeast Single Family Detached for sale. As always please do not hesitate to give me a call at 480.344.4419 if I can answer any questions before the open house, or if you would like to book a private showing. Adam P. Tarr, ePROSharon Kotula, ABR RE/MAX Excalibur

Hello and hope you're having a wonderful start to the weekend!

As you can see, we have 3 new listings this week!  They are all in the Queen Creek area, in the Southeast Valley.  2 of them are brand new, and 1 is only 2 years old.  Feel free to call us with any questions, or to schedule an appointment to view any or all of our Queen Creek home listings!

Today we attended a framing walk-thru with one of our existing clients.  He purchased a new home, which is currently under construction.  The builder - like most - offers a 'frame walk-thru' where the buyer and the field superintendent go over the home and options, prior to

We just finished uploading this Single Family Detached Home, 886 E Mayfield Circle, Queen Creek AZ

Lovely 4 bedroom + Loft on a beautiful Cul de Sac lot with common areas behind and to one side for privacy, views and less traffic. The kitchen includes plenty of cabinets, a pantry and microwave. All appliances convey including Washer, Dryer and Refrigerator. The Large bonus room upstairs can be used for a kids playroom, media room or secondary living space. The master suite is on the first level, providing privacy away from the secondary bedrooms. The lot backs to common area so back yard living is more private.

To schedule a

We just finished uploading this Single Family Detached Home, 3920 W. Southern Butte Rd, Queen Creek AZ

Beautiful 4 bedroom home in THE Premier master plan in Queen Creek. Spacious open floorplan with separate living and family rooms. Vaulted ceilings provide a larger feel. The open kitchen features bisque appliances and a large island. The comfortable family room has a large entertainment niche for all of your media needs. Fabulous views of the San Tan Mountains await you on your covered patio. A Jack and Jill bathroom provides easy access to the split secondary bedrooms. This is a popular floorplan and it is easy to see why!

To schedule your personal

We just finished uploading this Single Family Detached Home, 41221 N. Cambria Dr., Queen Creek AZ

Popular Floorplan backing to Large community park for privacy and views. The upstairs Bonus room can used for a game room, office or media room. The open kitchen plan features ample maple cabinets and a pantry. The Living room has cathedral ceilings, while the remainder of the house has 9' ceilings for a spacious feel. The 2 car garage has a separate large storage closet for extra space - not often found in other homes.

To view this lovely home, please contact us at info@weareazrealestate.com!

Adam Tarr, ePROSharon Kotula, ABRYour Phoenix

Hello and happy Saturday!

We thought we would take a moment to address our strategy for selling homes in the current Phoenix real estate market....

It amazes us how many "For Sale By Owners" and even MLS-listed homes are priced vastly over comparable homes' sales.  2005 was an annomaly; no market can sustain 50%+ annual appreciation.  Yet there are many homes for sale that are priced for another major upturn; this only makes the market look depressed, as it raises the average 'days on market' count. 

Phoenix is still a great place to live, work, and invest in real estate, so long as you have realistic expectations.  The