Buy or Sell Homes in South East Valley of Arizona

  End of January  Pricing Update and Forecast Each month about this time we look back at the previous month, analyze how pricing has behaved and report on how well our forecasting techniques performed. We also give a forecast for how pricing will move over the next month. For the monthly period ending January 15, we are currently recording a sales $/SF of $214.92 averaged for all areas and types across the ARMLS database. This is up 3.0% from the $208.70 we now measure for December 15. Our forecast range mid-point was $212.50, with a 90% confidence range of $208.25 to $216.75. Prices rebounded sharply from the brief lull in early December and came in $2.42 higher than we forecast. However the actual result was well within the 90% confidence interval. On January 15 the pending listings for all areas & types show an average list $/SF of $218.10, up 2.2% from the reading for December 15. Among those pending listings we have 98.8% normal, 0.5% in REOs and 0.7% in short s...

  Last week a client told me about an acquaintance of hers who had received their 3-month forbearance letter stating they now owed their lender $8,000. They got scared and sold their home to Opendoor. They did not know they had extension options or the ability to stay in their house. There is an extreme lack of information being shared on forbearance. On a recent webinar, I heard a representative from Freddie Mac say the servicers and Realtors need to be the ones talking about forbearance, not the lenders or GSEs (Fannie, Freddie, Ginnie). Yikes! Forbearance: Disclaimer: I do not think we are going towards a foreclosure crisis, nor do I believe that the forbearance numbers will be seriously detrimental to our market. The worst thing for the housing market is to have empty houses. We went through that 10 years ago. Forbearance is not new, but how they are structured today is. The CARES Act enabled significant changes to benefit the borrower. Forbearance is designed to keep homeowner...

So many times, I have had folks come to Arizona and say, “I would like a home with a pool”.   Before you go that route, please think.   Because after about 2-3 years those same people come to me and ask me to sell their home because they are tired of being a slave to the pool.   When decided to move to Arizona, you will see a lot of homes have a pool out here, but here are a few things to consider when buying a home with a pool.   ·           If the pool is heated, you can have all year enjoyment. But usually it is heated by electrical and that will jump your bill up about $200.0/$400 a month. (depending on how much you heat it)    ·           If the pool is not heated, then you will most likely not use it for only about 6-7 months of the year (typical usage is from May through September), depending on your tolerance of colder water. But wi...

If you’re looking for a home either new or a re-sale- in the South East Valley of Phoenix; including Tempe, Chandler, Mesa, Gilbert, Queen Creek, or San Tan Valley you’ve got a lot of choices. Here are 10 communities in no particular order. I think they are worth checking out for your consideration if you are looking for a resale home.   1.      Dobson Ranch – Built between 1973 and 1999, this well-established community offers easy access to freeways, walking distance to schools, and year round community events. Dobson Ranch offers tennis courts, community pool, golf course, meeting space, and programs for all ages. 2.      Val Vista Lakes – Located in the heart of the fast-growing, family community of Gilbert, Val Vista Lakes offers more than 24 subdivisions and lakeside views, and a community center with heated pool and beach with sand, where you can enjoy special events with family and friends. 3.      August...

http://listings.realbird.com/F8A2E2F7/418919.aspx Welcome home! You will find, this home has been lovingly taken care of, with 2 bedrooms+ Arizona room for an office or craft room, 1.75 bath, a large living and dining room and a very efficient kitchen floor plan make this house feel like a home. There is storage galore-- with a very large linen closet, coat closet, nice pantry, above cabinets for the washer and dryer inside the home, and each bedroom has 2 closets. But that is not all…the 2 car garage has natural light and a work shop area to tinker in. You will be able to enjoy the wonderful Arizona sunsets on your extended, private patio, and 2 orange trees in the back yard will keep the sun off the home and a smile on your face. Call now to see this home.