What's in a Name? - 02/28/07 11:02 PM
I just finished a post by   Steve Crossland entitled It is interesting to see what can really stir the mind of a buyer.  It's not just whether a name is PC, weird or overly soothing.  Some are entertaining, some cute, some are the type where you could say " I wish I thought of that."  I grew up in Pennsylvania with town names like Intercourse and Blue Ball (DON'T censor me - they are really town names you will find on a map).  So how can you not have a sense of humor about these things?
Regarding PC, we have a mountain and … (1 comments)

Guess what WE did today...Locked an MLS keypad in a listing! - 02/28/07 08:16 PM
Yep, I knew it was just a matter of time....
I always thought it would be me - I tend to have more 'junk' in hand - listings, phone, keypad, keys, lockbox insert, purse, etc.  I usually do a 'mental check list' before I lock up the house, but anyone who knows me, knows that in my personal life I am what you might call, "Key-retaining-challenged".  I've locked myself out of my house more times than I can count!
So today, Adam and I headed out to preview some high-end condos in downtown and central Phoenix.  We had 15-20 to preview.  As we … (22 comments)

Phoenix Area New Home Building Permits Hit 5-month High! - 02/28/07 04:02 PM
Hello!
There was a great article on www.azcentral.com today.  It detailed that in January, the Phoenix Metro area hit a 5-month high for number of building permits issued. 
What does this mean?:
1.  Builders are selling their excess inventory homes.  For some time, they were carrying far more "Spec" homes than normal, due to over-estimating buyer interest, and buyer fallout.  Finally, they are selling off these homes, and are pulling permits to start new ones - to meet buyer demands. 
2.  More buyers are re-entering the market!  After carrying too much inventory, builders are going to be more cautious/realistic in the number of speculative … (0 comments)

Downtown Phoenix, Central Phoenix, and Biltmore area New Condo info... - 02/27/07 06:15 PM
Hello!
We will be heading out tomorrow (Wednesday) and hitting a number of new-build condo sites in the above-mentioned parts of Phoenix.  We like to physically visit as many as possible, both for product knowledge, and to get a good feel for the pros and cons of each particular building.  We strive to always have the most up-to-date pricing and availability, as well!  Aside from just obtaining updates, we are also pre-scouting for clients we'll be working with this weekend, and a repeat-investor-client!
If you or someone you know is interested in an investment, second home, or primary residence condo in Downtown Phoenix, … (0 comments)

Phoenix AZ 85050 Housing market Report - 02/24/07 05:45 PM
Your Phoenix, AZ Housing Report for Zip Code 85050
January 07
 
The following information is compiled from Arizona Regional Multiple Listing Service (ARMLS) data. If you are considering buying or selling a home we hope it will be helpful. This data is for the entire ZIP code of 85050. If you would like community specific information please contact us.
Total Active residential listings as of 2/24/07                                  295Total Active Single Family Listings as of 2/24/07                             249Price range of Active SF Listings                                       $240,000 to $1,540,000
Number of sold in January                                                             43Number sold same period previous year                                          32% change year over year                                                             +34%
Median price of homes sold January                                           … (0 comments)

What can go wrong with your escrow? - 02/23/07 11:12 PM
There are so many people out there that try to sell their homes on their own.  We've heard all the reasons.  Including the big one, why should I pay someone else to do what I could do my self?  I won't go into all the steps of marketing at this point.  But I will cover What Can Go Wrong?!.  This is just one installment.  See if you don't see the value after this. Any of these would make you want to scream.
This first part just deals with the lending aspect.  Almost all of these can kill a deal.  No offense to … (1 comments)

Great customer service - how do you show your appreciation? - 02/23/07 04:22 PM
Hello!
I recently had a great personal experience when booking a flight.  I'm still writing the 'thanks' letter to the individual who assisted me, and will post it here - but I was wondering:
HOW OFTEN DO PEOPLE ACTUALLY TAKE THE TIME TO WRITE A THANK YOU?
Part of me thinks that this person was doing their job - but another part says 'she went out of her way to make sure I was taken care of'.  I think that deserves praise, especially in the day and age of mass e-mails and impersonal, uncaring order-takers.
Do you have a great story to share?
Sharon Kotula, … (0 comments)

2006 Phoenix Area Real Estate Statistics - 02/21/07 03:23 PM
We thought you might be interested in some real estate statistics for the Phoenix Metro area.  These statistics come from Arizona Regional Multiple Listing Service (ARMLS).  Keep in mind that this does not reflect FSBO's, as reliable information on those sales is hard to come by.
For the entire ARMLS area which covers the entire Phoenix Metro area including parts of Pinal County, there were a total of 74,108 sales of single family and condo properties.  As of December 31, 2006, there were 41,339 active single family listings and 2932 active condo listings.  The number of active listings is down from earlier in … (0 comments)

Chandler home UNDER CONTRACT! We found a buyer! - 02/21/07 10:39 AM
CONGRATS to the Graves' - we have found a buyer for their lovely home at 2611 N Nebraska, in Chandler!  Click HERE to see the home and details! 
In real estate, it is incredibly rare for the listing agent to bring the buyer for their listing; the odds of it are staggeringly low.  Think about it - there are over 91,000 people holding real estate licenses in Arizona.  What are the chances that the listing agent will find someone who is ready, willing and able to purchase this listing?!  We had listed - and sold - a home for the Graves' before, and … (0 comments)

Scottsdale, "The West's Most Western Town" - 02/20/07 03:31 PM
It's time to cowboy up!  This weekend is the 54th annual Parada del Sol celebrations.  So get out your cowboy hat, and head down to Old Town Scottsdale this Saturday morning. The Western-theme events are sponsored by the Scottsdale Jaycees. They include a horse-packed parade along Scottsdale Road on Saturday and five Professional Rodeo Cowboys Association-sanctioned performances at WestWorld on March 2-4. Additional activities include a "Trails End" celebration after the parade in Old Town.  Streets will be closed to allow for folks to mosey about, and enjoy music, food and a Kids Zone.
There's always something fun to do this time of … (1 comments)

One more reason the Phoenix metro is a great place to be - 02/16/07 06:36 PM
Expansion Management Magazine ( a trade magazine that evaluates expansion locations for companies) released its list of the top 50 cities for companies to expand in or relocate to.  The Phoenix metro area was on the list.  The following is an excerpt from the article that focuses on the Phoenix/Scottsdale/Mesa metropolitan statistical area.  Also check out this link to the full article.
>>
The Phoenix metro maintains a good reputation among site location consultants, believing it critical to attract companies, said Barry Broome, president and CEO of the Greater Phoenix Economic Council (GPEC).
In September, California based Marvell Electronics expanded operations into Chandler, … (1 comments)

Scottsdale + Phoenix Area Events this weekend! - 02/09/07 11:04 AM
Scottsdale and Phoenix Events this weekend!
Hello!
It is going to be a beautiful weekend weather-wise; be sure to get out and enjoy it!  Here are some events happening this Friday - Sunday:
One of the events going on this weekend is the Scottsdale Fine Art & Chocolate Festival.  It features more than 150 artists' work, displayed alongside artful chocolate creations.  What a great opportunity to get your Valentine something special!  Hours are 10AM - 5PM, Friday, Saturday and Sunday, and admission is $2. 
The "Taste of Greece" Festival also is this weekend, at Tempe Beach Park.  There will be food, rides, cultural events, … (0 comments)

Phoenix Area Rents Increasing....here comes the snowball effect! - 02/06/07 12:32 PM
Hello!
There was an article on http://www.azcentral.com/ yesterday detailing the rent situation in Phoenix - click HERE to read it in its entirety.
It states that Valley renters will pay an average of 5.4% more this year in rent, or $785 a month.  Plus, with vacancy rates projected to fall below 5% for the first time in years, landlords won't be offering great incentives like they have in the past - i.e. 1st month free, or lease renewal specials.
We had predicted this again and again.....with so many condo conversions, a large number of rental units disappeared - but the number of renters did not.  Supply … (0 comments)

Phoenix Area Rents Increasing.... - 02/06/07 12:26 PM
Hello!
There was an article on http://www.azcentral.com/ yesterday detailing the rent situation in Phoenix - click HERE to read it in its entirety.
It states that Valley renters will pay an average of 5.4% more this year in rent, or $785 a month.  Plus, with vacancy rates projected to fall below 5% for the first time in years, landlords won't be offering great incentives like they have in the past - i.e. 1st month free, or lease renewal specials.
We had predicted this again and again.....with so many condo conversions, a large number of rental units disappeared - but the number of renters did not.  Supply … (0 comments)

Phoenix area winter and spring Festival list! - 02/05/07 12:05 PM
Hello!Wow, what a week Phoenix just had!  The FBR Open brought in thousands of tourists and MILLIONS of dollars of revenue!Along that similar line, here is a great link to Phoenix area festivals for Winter and Spring!It was on the Arizona Republic website - one of our local papers.If you live here, or plan to visit this winter/spring, make sure you check it out!  The weather is PERFECT this time of year to get out and enjoy all the area has to offer!Sharon Kotula, ABRAdam Tarr, e-PROYour Phoenix Area Real Estate SourceRE/MAX ExcaliburScottsdale, AZinfo@WeAreAZRealEstate.com
www.WeAreAZRealEstate.com
… (0 comments)

 
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Adam Tarr PC ABR,CDPE,RSPS,ePro, Assoc. Broker

Scottsdale, AZ

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Address: 4045 E. Union Hills Drive, Ste 106, Phoenix, AZ, 85050

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