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Phoenix ranked #1 metro area for retired home buyers!

January 19th, 2006
Hello to all.... There is a fabulous article on www.azcentral.com today - read it here.  It details that "Baby Boomers", the 76 MILLION people born in the US between 1941 and 1964, are savvy home buyers and investors; of the 1.1M new homes sold in 2003, buyers 55 or older accounted for nearly one-fifth of those homes!  Boomers also account for an estimated $2 TRILLION in spending power - jus ...

NEW condo conversion in NE Phoenix!

January 18th, 2006
Hello again - We just received word on an upcoming Condo Conversion called RANCHO MIRADA - this property is in a KILLER location near the SR-51 and Greenway, within 10 minutes of Kierland Commons, Desert Ridge, and Paradise Valley mall!  They have very unique floor plans, which we can e-mail to you - 1 bedrooms are ALL ground-level units, and have patios that span the width of the home.  The ...

Pre-Construction meetings - one more service we offer!

January 18th, 2006
Hello.... We attended a "Pre-Construction Meeting" yesterday with one of our buyer-clients.  He is building a home in Anthem, a city north of Phoenix.  Engle Homes is the builder, and like all builders, they hold these meetings prior to construction.  They want to be certain that everyone has the right expectations, and that buyers understand the process involved in building a home. We met ...

New Condo Conversion in Scottsdale, Foothills Condominiums

January 15th, 2006
HI, We have added a new community to our Scottsdale Condo Conversion Page.  The Foothills Condominium Homes on Raintree Drive has just started selling one and two bedroom homes.  They are redoing practically everything in the units to make them as modern and fresh as they can be.  Prices start at $170 for a one bedroom.  For more info contact us at fthills@weareazrealestate.com   We have a ...

Antigua Condo Conversion - McCormick Ranch, Scottsdale Arizona

January 14th, 2006
Happy Friday! Hopefully, you have survived the work-week, and are gearing up for a beautiful weekend here in the Valley.... and if you're more apt to physical activity than us, maybe even prepping for the PF Chang's Rock 'n Roll Marathon or half-marathon!  We have added a new Condo Conversion called Antigua - it is in the master-planned community of McCormick Ranch, in Scottsdale.  You can ...

weareazrealestate.com on Fox 10 News

January 13th, 2006
HI - We had an interesting day today...  Based on our knowledge of the Condo Conversion market, we were contacted by Fox 10 for an interview for a segment they are doing on the "Condo Craze" as they called it.  It aired on the early news, and we hope to somehow be able to get a link available to make the video available for your viewing.  Sure, they changed my name to Alan, but hey, the poin ...

Condo Conversion Update - The Arcadia Residences, Camelback Corridor

January 12th, 2006
Hello to all.... Today, we visited the Condo Conversion Project, "The Arcadia Residences".  This is located within the booming "Camelback Corridor", conveniently located to the Biltmore Area, the 51, and Scottsdale, and close to Camelback Mountain.  This particular complex has a fantastic park-like setting - lots of green, which isn't all that common in the city!  The patios have an upscal ...

Loan Limits Increased for '06 - FHA and VA loans

January 11th, 2006
Hello.... Great news for buyers with little down payment, or buyers who qualify for a VA Loan - loan limits were raised, effective 1/1/06!  The new FHA loan limit for a single-family home in Maricopa and Pinal Counties is $254,600.  Remember - 'single family' can be a townhome, patio home, or condo, so long as you own 1 unit.  Multi-family home loan limits are higher, should you want to pu ...

Mortgage rates

January 9th, 2006
Hi, One of the many items that affect the real estate market is interest rates.  Here is where they are at this point.  Mortgage rates changed little this past week although rates on 30-year, fixed-rate mortgages inched down to 6.21%, the lowest since late October.   Mortgage giant Freddie Mac reported Thursday that 30-year rates fell the week ending Jan. 6 last week's average rate of 6.22 ...

NEW TOWNHOMES in NW PHOENIX! Investors OK!

January 8th, 2006
Hi to all - Just wanted to let you know, we have access to a new townhome community with a great location!  This one will be 38 units, gated, with community pool, ramadas and bbq areas.  The units will be 1,383 sq ft, 3 bedroom, 2.5 bath, and have attached 2-car garages.  PRICES ARE FROM THE $250s - LIMITED AVAILABILITY FOR INVESTORS!  Located near the 101/I-17 interchange, this location off ...

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