Posts

September 2012 Newsletter

Image
NAR: existing home sales in July rise As most economists predicted, the National Association of Realtors’ existing home sales report for July improved, as monthly sales rose in every region but the West, which the NAR points out is due primarily to “very tight” inventory. Nationally, sales of existing homes rose 2.3 percent to a seasonally adjusted annual rate of 4.47 million in July from 4.37 million in June, and are up 10.4 percent over July 2011, “even with constraints of affordable inventory,” the association noted in a statement. Learn more, click  HERE! For full newsletter click HERE

Top 5 things to consider when buying a new home in Arizona.

Image
The American dream is home ownership, to have a place to call your own.  Now more than ever since 2005 have folks turned to the builders to get their new home.  As prices for resale homes climb in the Arizona market, folks are looking for other means to buy in a community already established!  Here are some stats on one city in particular, Gilbert Arizona--the new home permits issued 1,896 since the beginning of the year. This trumps last year total of 1,545 for the total year!  You can read in more detail about this by following this link;  http://www.msnbc.msn.com/id/48885000#.UEWNUESSVMo Now for the 5 things to watch out for when considering a new home; *Be aware that in order to have someone to represent you in the transaction, you shouldn't just walk in to a showroom.  Always have an agent you choose to represent you with you- at least for the first time...that is a good practice so the agent you know looking out f...

Slim inventory causes multi offers on properties, and buyers are bidding up!!

Image
Well we right now we have what I am calling the perfect storm.   Interest rates are still at an all-time low, prices on homes are again low (it is cheaper to buy than to rent a home right now) and on top of all of that banks are offering assistance with closing cost.   How can you go wrong?    Folks that have been holding on for dear life to their home, they are now in a position to sell and finally not have to compete with short sales or foreclosed property.   Yes, they are still here—but 58% of all homes sold in the past 3 months have been regular sales…Music to our ears!!    With the Debt forgiveness act ready to expire at the end of the year—if you think you need to sell for less than you owe, now could be a GREAT time to do so.   This act allows you to sell your property for less than owed, and the difference is not taxable.   Will they extend this act?   Hard to say but I do know if they don’t you will be liable to the tax o...

August 2012 Buffini Blast

Image
(for larger image and full article, click HERE !)
Image
Here is the Market Report for the period ending June 2012. For a more thorough understanding of how the market is shifting and how this affects you, please give me a call and we can discuss it in more detail. To view entire report, click HERE!

July 2012 Buffini Blast

Image
Click here to view full article!

Everything you are looking for, right here in Mesa...

Image
The city of Mesa is so amazing, there is something for everyone! Are you looking for a great dinner? Got it...Looking for a challenging golf course?   Got it…Looking for romance?   Got it…Looking for adventure?   Got it…   Well you get the idea.   If you haven’t visited, you should.   If you have been thinking of moving here- you need to check this place out!!   There are so many things to fill up your days and nights, the only way you could be board is if you choose to be!      Between the festivals, the art fairs, and don’t forget you have the light rail going right through Mesa, so even if you’re not into what is going on in Mesa that day- you can be in Downtown Phoenix within about 15-25 minutes…for all the things a big city has to offer.    Here is a guide to some of the awesome sights and sound that Mesa has to offer! http://www.visitmesa.com/vguide/?vgID=10   If you are thinking of buying in Mesa, ...