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Phoenix Area Real Estate Blog


Phoenix Area Real Estate Blog
Serving up real estate information for Phoenix, Scottsdale, and Valley cities for Arizona residents and investors.
Articles: 1, 2, 3, 4, 5, 6

Articles

FBR Open (aka The Phoenix Open) Agrees to Continue Through 2012
2007-08-30 19:43:00
Late Wednesday, Friedman, Billings, Ramsey Group Inc along with the Thunderbirds agreed to continue their sponsorship of the FBR Open through at least 2012. I can’t say enough good things about The Thunderbirds, their charity work, or the FBR Open.  I attended my first Phoenix Open back in 1987, and have been almost every year since.  ...
More About: Real Estate , Rees , Conti
Just Listed for Rent in Glendale
2007-08-30 01:32:00
We’ve just listed a wonderful 3 bedroom/2 bath home for rent at only $1200/month in Glen dale.  Located near Loop 101 & 67th Ave, it’s fast and easy to get nearly anywhere in the Valley from this home. Check out all of the details at: 7048 W Blackhawk Dr.
More About: For Rent , Real Estate , Rent , Lend
Wildcat Ridge Market Update - July 2007
2007-08-29 20:03:00
There are currently 16 active properties for sale in Wildcat Ridge . The average asking price per square foot over all 16 properties is $200/sq foot. Size Range Price/Square Foot Number of Homes 3 Bedroom Homes $219/sq ft 4 4 Bedroom Homes $196/sq ft 12 *data as of 8/29/2007, via ARMLS In the last 30 days, 1 property has closed escrow: Address Size Model Price Price/sq foot 20709 N 37th Way 2041 Prescott $350,000 $171/sq foot *data as of ...
More About: Real Estate , Market , Update , July 2007
Best ROI for Remodelling Projects in Phoenix
2007-08-28 20:26:00
Remodelling Magazine and REALTOR Magazine have published a survey that explains which home improvements pay off when you sell your home - and which don’t.  They do this survey on a national basis, and group their results by region (Pacific, Mountain, New England, South Atlantic, etc.).  It’s a broad survey, that looks more closely at ...
More About: Projects , Real Estate , Phoenix , G Project
NAR Reports Existing Homes Sales Steady in July
2007-08-27 21:38:00
In this report from the National Association of Realtors, “existing-home sales were essentially unchanged in July , with increases in the West and Northeast offset by a decline in the Midwest.” National media outlets, needing to create a more hard cutting story, point to the 0.2% decrease in sales, and parlayed that into the following AP Headline:  ...
More About: Real Estate , Sales , Homes , Exist
Search Phoenix, Scottsdale, and Arizona MLS
2007-08-25 01:56:00
I’ve added a link at the top of the blog to search MLS. This search provides you with a tremendous number of search criteria, enabling you to search almost anywhere in Arizona , not just Phoenix , Scottsdale , and Maricopa County.  For most homes you’ll find pictures (when available), school district information, subdivision details, property description, etc.  It’s ...
More About: Real Estate , Search
Price Reduction on 13001 S 37th Pl
2007-08-23 19:08:00
We have lowered the price to $419,000 on this great 4 bedroom, 2.5 bathroom house in Ahwatukee.  This fantastic family home at 13001 S 37th Pl features a very large lot, with a grassy area that’s bigger than most “normal” homes have, and then adds to that with a large diving pool.  The tri-level layout allows ...
More About: Real Estate , Price , Reduction , N 13
Dynamite Mountain Ranch Market Update - August 2007
2007-08-22 20:14:00
There are currently 76 active properties for sale in Dynamite Mountain Ranch.  The average asking price per square foot over all 76 properties is $163/sq foot.   Size Range  Price/Square Foot  Number of Homes  under 2000 sq ft  $177/sq ft  30  2000-2500 sq ft  $154/sq ft  30  2500+ sq ft  $161/sq ft  16 *data as of 8/22/2007, via ARMLS In the last 30 days, 2 properties have moved to sale ...
More About: Real Estate , Market , Update , August
Around the Real Estate Blogosphere
2007-08-21 23:49:00
The Phoenix Real Estate guy found a great KPNX TV story that has information about the current market, along with some opinion about where the market is headed. John Wake found that Robert Sarver purchased shares of Meritage Homes. Over at Bloodhound.com they are talking about if there has to be a bail out of Countrywide. Gary and Shannon ...
More About: Real Estate , Blogosphere
Lease-Purchase To Become More Common
2007-08-21 00:26:00
A lease-purchase or lease/purchase option, is a lease, with the option to purchase the home in the future.
More About: Real Estate , Common , Lease , Purchase , Hase
Federal Reserve lowers the discount rate
2007-08-17 23:48:00
  The federal reserve just announced that they have lowered the discount rate by 1/2 point to 5.75%.  The stock market seems to have reacted favorably, as all major indices are up today, but how will the housing market react?  This is difficult to judge. BlogArizona ponders: “…lower interest rates would obviously make me happy.  Lowe r rates will decrease a ...
More About: Real Estate , Federal Reserve , Discount , Rate
Great Southwest Mortgage is no longer funding loans
2007-08-16 23:08:00
I was forwarded a copy of an Arizona Daily Star news article that reported that the retail arm of First Magnus Financial Corp, Great Southwest Mortgage , is no longer funding loans. On their website, First Magnus states that it is “not fund(ing) any future mortgage loans, and is not accepting any mortgage loan ...
More About: Real Estate , Loans , Funding
Homes of the future to be more luxurious
2007-08-16 19:46:00
This recent article in the Arizona Republic noted that the average family home today is larger than it was 10 years ago. That trend seems pretty obvious in hindsight. But the article goes on to ask, what will the trend be in the future? The answer: Luxurious . I see this trend throughout ...
More About: General , Future , The Future , Homes
Welcome to the neighborhood
2007-08-15 20:45:00
Yesterday I met my new neighbor. I was sad to see my old neighbors go, but divorce has a way of forcing moves and sales. I shot this aerial of my neighbor’s house which just begins to describe how nice the location is. The home is 4600+ square feet, and resides on 2.5 acres. ...
More About: General , Neighborhood
First day of School for Scottsdale
2007-08-13 19:31:00
Today is the first day of school for Scottsdale School s. My 2 girls happen to go to Copper Ridge (elementary and middle), and this year Copper Ridge has decided to encourage the wearing of a uniform. The start of school in Scottsdale does bring up one significant real estate issue. Namely, that families moving ...
More About: General , Dale
Credit Crisis Cripples Markets
2007-08-10 20:00:00
Just last week, American Home Mortgage and its wholesale counterpart, American Brokers Conduit, became the latest casualties of the credit crisis. Last year, this company closed over $58 billion in home loans. Despite being, by all accounts, a well-run business, market conditions forced them to file for bankruptcy, leaving billions of dollars in loans in ...
More About: Credit , General , Markets , Crisis , Isis
Other Arizona Real Estate Blogs?
2007-08-09 20:12:00
What other blogs are there for Real Estate in Arizona ? REALTOR Magazine arrived today, and coincidentally, had an article on real estate blogging. The article noted that 9% of REALTORs under the age of 30 have a blog, while just 4% us old folks (I’m 39) have a blog. Of the rest of the non-bloggers, 16% of ...
More About: Real Estate , General , Blogs
Welcome to my new Blog
2007-08-09 02:15:00
Welcome to my new Real Estate Blog . If you have found this blog, then I for one am very impressed. To get started, today in my real estate world, Homes.com contacted me offering to help my primary website teambelt.com with organic search optimization in Google, Yahoo, etc. I listened for a while, and then politely turned ...
More About: General
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