The Gaslamp District Says It All

I was finally able to get out of dodge and head over to San Diego to enjoy the amazing weather and activities. Last night I went out with my lady friend and enjoyed an amazing meal at one of the coolest restaurants ever, the Gaslamp Strip Club. We grilled our own steaks and sipped on delicious martini's, I highly recommend checking it out if you have a chance. Luckily we were able to grab an outside table and indulge on the amazing atmosphere that the Gaslamp District has to offer. To my surprise the streets seemed duller then usual and didn't ...

Comparable Homes

When looking to buy or sell an Arizona home it is important to have your real estate professional provide comparable home sales, pending sales, and current listings. Buy obtaining this information prior to making a purchase or sales decision you will have past information as a way to indicate the future. For selling your Arizona home, you will be better equipped to price your home. Of course the quality of agent you deal with will make a difference, but don't always be angry with your real estate agent, because you don't like the listing price. This is a tough real ...

Arizona’s Median Home Sales Price Drops Again

According the Arizona Multiple Listing Service (ARMLS), Arizona's median home sales price dropped to $119,900 in March. Only 1 year ago the median sales price was $210,000. So over the past year Arizona has experienced a net drop in median price by $90,100. That's staggering to say the least. That said, I believe their are factors that are skewing this number. As an example, I was in the cell phone store getting my now destroyed Palm Treo replaced and overheard someone talking about flipping properties. Turns out they were flipping a house in buckeye for $70,000. In my reality I can't ...

Green Apartments?

So I was doing a little bit of research and came across what I thought was an interesting marketing idea. Archstone Apartments which has several apartment buildings in Arizona is doing a promotion connected with Earth day. "The four-day event being held between 9 a.m. and 6 p.m. from April 23 to 26 at Archstone communities in the West Region will offer prospects a 'Go Green and Get Green' savings offer of up to $500 in rent with the signing of a new lease and a chance to win a $1,000 cash prize." Has our society become so green conscious that ...

Buying an Arizona Home

Buying a home in Arizona is actually not as difficult as it can be in many other states. Some states, such as New York, require intervention from a Real Estate Attorney. We are fortunate that in most cases a Real Estate Attorney is not needed. This of courses varies based on the type of real estate purchase, but a typical Arizona home buyer will not need one. I thought it might be useful to breakdown the steps. Like any new process, understanding the home buying process before starting it, should be useful. 1. Find yourself an experienced agent. The more experience a ...

Arizona Real Estate Information

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What You Never Wanted to Know About Arizona Subdivisions

If you own 6 or more properties in the same plat of land at any point in time and you offer any for sale then you are required to obtain a public report. This can be a situation where a person or entity obtains properties over a period of time and does not require the purchase or sale to occur at one point in time. Meaning if 2 properties were purchased every 2 years for 6 years and then 1 property was listed for sale then a public report aka Subdivision Disclosure Report would be required. As a result of this Arizona statue any bank that ends up owning 6 or more properties in one subdivision will be held liable for obtaining a public report. If they don’t then the buyer of the property will... [Read more...]

Arizona based Valley Cities

Phoenix and surrounding valley cities in Arizona are ripe with great real estate options. You can find the listings via the internet. You can also contact a real estate company in the surrounding areas and have them take you around to visit the different options that are out there. There are so many great properties to look at and you will find something that will suit your needs. Be sure that when you look at these properties you will have the idea of moving there. It is a great place to relocate a family to. There are many things to see and do and it has just about everything you can imagine. There are lots of positives about moving to the Phoenix and surrounding valley cities in Arizona. You... [Read more...]

Up and Coming Hot spots to buy a home near Phoenix, Scottsdale, Gilbert, Chandler, and the surrounding valley.

In the month of July 2009, over 10,444 homes were sold in the Phoenix metropolitan area. Arizona’s unemployment is in double digits, yet homes are selling like hotcakes. That seems to be a dichotomy in national economics. Regardless of the contradictory evidence of global, national, or international economic factors, the Phoenix market is hot. Choosing a community for your new home depends on your family situation, your life style, and what things you find important in a neighborhood. For those looking for a community that caters to family and family life, you may want to look at the Mesa and Gilbert community. Mesa and Gilbert are a quick drive south east of Phoenix directly off the interstate... [Read more...]

Logical Advice for Buying a Home

Rushing into a house purchase is all too common. As with romantic relationships, it’s easy to get swept away by emotion. Once you realize you’ve fallen in love with the wrong house, it may be too late! The consequences of a bad decision range from buyer’s remorse to foreclosure. When buying a home, avoid costly mistakes by using logic. Before looking at a single house, know whether you’re buying a house or a home. Will this be a place in which to raise a family? Is the purpose of buying a house primarily as an investment? Know what you can comfortably afford. Please note – this is not the same as how much you can borrow! Factor in a reasonable cushion for unforeseen maintenance... [Read more...]

Interesting Elements to buying Arizona Homes

I’ve been giving a lot of thought to the subtleties and landscapes (no pun intended) of real estate in Arizona, and have come up with a handful of tidbits which I find really different and interesting. I wanted to share them, so here goes. 1. Like just about everything else in the country right now, property prices in Arizona have plummeted over the last year. Zillow.com offer some great city-by-city statistics on this, if you’re interested in checking them out. While the prices have been cut in half (and by more than that in some places), now that the economy is supposedly on an up-swing, this means people with money to spend on real estate in Arizona have a great position. You can... [Read more...]

Arizona Foreclosures Still Some of the Highest in the U.S.

If economic growth statistics are any indication, Arizona foreclosure percentages continue to decline. Overall, in June and July of 2009 research by Metrostudy.com showed major growth in new home starts and existing home sales. In the second quarter of 2009 Phoenix-area contractors and builders started 1,654 homes, which was 58 percent more than in the first quarter of 2009. This information comes on the tail of news that shows in June of 2009 home sales rose and Phoenix foreclosures fell. According to a study by the Arizona State University Realty Studies department foreclosure activity in May represented 30 percent of all transactions. In February that percentage hit a high of 51 percent. Overall... [Read more...]