For several years the number of homes in foreclosure in Arizona was among the nation’s highest. The state is now among the lowest in foreclosures as a percentage of homes for sale. Wall St. Cheat Sheet reported Arizona was in the top 12 best foreclosure markets with the housing inventory containing 0.8 percent bank-owned properties. The state, which was rocked by the housing collapse, had Continue Reading
6 Things Sellers Need to Know Before Listing Their Home
In a market where home inventory is low and demand is soaring, sellers may think that their home will move in mere minutes–and at a price that defies even the loftiest expectations. When left untethered, these dreams of big prices and warp speed sales can spell disaster–and major disappointment. Here are six simple points sellers need to know before putting it on the market. 1. Staging Continue Reading
Little Progress in Phoenix New Home Building
Higher home prices, a construction labor shortage, and tighter lending guidelines are among the factors keeping the home building market from a robust recovery. Patrick Breen/The Arizona Republic Higher prices, along with several other factors, are among the challenges to the recovery of metro Phoenix’s new-home market. The median existing home price in the region is now $178,000, Continue Reading
Valley MLS Inventory
Check out these stats! This graph and chart will show you how many active, sold and new listings there have been in the east valley from January 2012 to December 2013. Sales are down from this time last year and months supply of inventory is up. MLS inventory Continue Reading
Check out these January ARMLS Stats
As members of the Multiple Listing Service, we are privy to some great local statistics each month and I thought I would share this month's data as it gives a year in review perspective. COMMENTARY by Tom Ruff of The Information Market 2013: Year in Review The end of the year only comes once. That's why we can't pass up the opportunity to focus on how the market fared in 2013. Below you Continue Reading
Open House in Sun Lakes this Saturday, 1/18/14 from 10:30 am – 2:30 pm
Come check out this beautiful home this Saturday, January 18th from 10:30 am - 2:30 pm. For more information, please contact us at 480-240-9724 Ext. 1. Property Address: 24220 S Stoney Lake Drive, Sun Lakes AZ 85248 Continue Reading
Top 10 Phoenix area Luxury Listings
Here are this weeks top 10 luxury listings which are located in the Metro-Phoenix, Arizona area. Stay tuned for the next installment! 10696 E WINGSPAN WAY Scottsdale, AZ 85255 / 29,700 square feet plus a 4228 square foot guest house on approx. 17 acres / 8 Bedrooms / 10 Bathrooms / 10 car garage 5850 E Glenn DR Paradise Valley, AZ 85253 / 16,370 square feet on over 8.5 acres / 6 bedrooms / Continue Reading
One of our pending listings made the news….read on for details:
By Maria PollettaThe Republic | azcentral.com Tue Jan 7, 2014 10:20 AM A Valley homebuilder that specializes in turning tricky infill lots into high-end subdivisions plans to make over 6 acres of east-central Mesa land pending city approval. Porchlight Homes, which has communities in Phoenix and Scottsdale, would transform the vacant property on the southwestern corner of East Southern Continue Reading
Upcoming Phoenix Home and Garden Show
The show dates are January 10, 11, & 12, 2014. Adult admission is $5.00 Customer appreciation day is Friday between 4-6pm, everyone attending will get FREE admission! Click this link & register for 1/2 off admission to the show: http://www.maricopacountyhomeshows.com/passes/ There are Home Improvement Seminars each day beginning at 11am. Show hours are: Friday 10 am – 6 Continue Reading
A Tip From Energy Star
Reduce the Chill with a Ceiling FanBy switching your ceiling fan to pull air upward versus push air downward, you'll actually be helping circulate the warm air down into living spaces. This will make better use of your heating and allow you to lower the thermostat to save energy while maintaining your comfort. Continue Reading