Phoenix Area Real Estate

Hello!

We are finishing up listing documents on a new listing - one we've been teasing you with for a few weeks!  It is a GREAT investor buy if you are looking for an easy home to become a landlord.  All on one level, and previously rented for $1500/mo to MMI students!  It has since been fully re-painted inside, and has all new carpeting, installed TODAY!  It is clean and comes with all appliances, including washer and dryer.  It will hit the market tomorrow at $229,900, so be sure to check back tomorrow for pictures and more details!

Sharon Kotula, ABRAdam Tarr, e-PROYour Phoenix Area Real Estate SourceRE/MAX ExcaliburScottsdale,

My wife started a new job this week. As she gets acquainted with her responsibilities, she is also getting acquainted with her new co-workers. One of them mentioned that she was looking for a new house. Her preference is for new construction so that they can choose what they want in the house without having to change things. My wife, after years of hearing about my business, of course asked if her co-worker was working with a real estate agent. The answer was no. But the real issue with that is that she wasn't using a real estate agent because she thought she had to pay for the services. My wife was of course quick to point out the reality of the situation.

We hope you had a great Thanksgiving weekend!

Many people who are thinking of selling their home decide to wait until after the holidays to put it on the market.  It is true that, statistically, sales decrease during the holidays.  Many people don't want to deal with getting the house ready or dealing with showings while also getting it ready for holidays.  But here are some key things to think about if you are planning to list your home for sale after the holidays instead of now. Anyone looking for a home at this time of the year is a serious buyer.  If your home is not on the market, they can’t buy it. This time of the year is

Hello!

We hope you had a fabulous Thanksgiving, and that the 'tryptophan coma' is starting to wear off by now....

We have a busy couple of days here - we assisted clients of ours who will build a home with finding a corporate rental; they are being relocated from Oregon and need somewhere to live while the new home is built.  We're doing a walk-thru on that this afternoon.....

Tomorrow, we will be taking a first look at a great home in Chandler - it is currently tenant-occupied, but we are going for the out-of-state owners to let them know what (if anything) should be done to it prior to listing it the first of the year. 

We

Hello and we hope you are having a great/short work-week!

We just wanted to let you know that we will both be in town and available this holiday weekend.  Should you have any questions on homes or condos in the Phoenix Metro area - or even just would like more info on the city - please don't hesitate to contact us at info@weareazrealestate.com! 

We are also doing some groundwork on a listing we will have at the first of the year, when the existing tenants move out.  It's a fantastic home in Chandler, with a pool - stay tuned here for more details!

Sharon Kotula, ABRAdam Tarr, e-PROYour Phoenix Area Real Estate SourceRE/MAX

 Hello and welcome to the weekend!

We realize there are some football games that are kind of important this weekend, but you should make time to experience the city!  The weather is perfect - why not get out and enjoy it?! 

The City of Scottsdale is hosting its 13th annual ArtFest of Scottsdale - a great outdoor event with over 200 artists, working in everything from painting, sculpture, photography, glass, mosaic, jewlery and more!  There are also performance artists, and for the first time, literary artists.  Here's the details:

ArtFest of Scottsdale Where: Scottsdale Civic Center Mall, Second Street and Drinkwater

Hello!

There is an insightful article in today's Arizona Republic regarding the condo conversion boom.   Rather than butcher it, we thought we'd bring you it, in its entirety:

 

Cities seek to cut condo conversions

Lesley WrightThe Arizona RepublicNov. 14, 2006 12:00 AM A lull in the Valley's condominium-conversion boom is doing little to calm renters who fear they may lose their homes.City officials who felt stymied in coping with displaced residents view this as the time to try to put controls in place. Researchers with CB Richard Ellis predict that, even with the slowdown, about 20,000 apartments

Hello!

According to news reported at www.azcentral.com, the Valley's single-family home-resale market clicked higher in October, although they aren't near the level sustained in 2005.There were 4,985 sales in October, up slightly from 4,875 the previous month, according to the Arizona Real Estate Center at Arizona State University Polytechnic. The median price stayed essentially flat. The new median of $257,000 is marginally higher than $256,900 in September. The new median is a little more than 1 percent lower than in October of last year. Obviously, pricing and values vary greatly by city, but this paints a far less-grim picture than we seem to see

Hello!

We have a new price on a fabulous home in San Tan Heights - a master-planned community in Queen Creek!  Click HERE to see this great 5 bed, 2 bath single story home with high-end finishes, and oasis of a back yard!

To schedule a private showing of this home, or for more information, please contact us at info@weareazrealestate.com.

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

www.WeAreAZRealEstate.com

 

When asked what I think the market is going to do, I tend to quote a few different analysts.  Unfortunately, there is no crystal ball, but we can still look at the indicators to predict what MIGHT happen.  I think there was some good news in the statistics released by the Mortgage Bankers Association today. The MBA said its seasonally adjusted index of mortgage application activity, which includes both refinancing and purchasing loans, increased 8.8% to 620.9 the week ended Nov. 3 from the previous week's 570.8.  That was driven primarily by a surge in re-fi's.  What I see as the good news though is that the MBA's seasonally adjusted purchase