A perfect 10 for anyone who wishes to escape the summer heat in Sun City Grand Arizona. 2 Bedroom, 2 Baths, 3 car garage and a waterfall feature as well.
Credit Suisse reports real estate buyer activity is up 20-28% in the Phoenix market. Much of the activity is first-time buyers and investors. I have said often it is the first-time buyer who will lead the way and get us out of this recession.
Investors are paying CASH. It is the speculation and credit purchases of investment properties that caused many of our current problems. Cash investors will help us improve the market.
Low price properties are literally "Flying off the Market"
Buyers are now saying the bottom is near. (Personally, I think the bottom is past. In the last few weeks the extreme low prices no longer show up on the MLS. New listings of homes for sale are priced at a more reasonable value.)
Walmart announced it is adding 22,000 jobs nationwide, 1300 here in Arizona.
As I mentioned in an earlier post, the use of the first time buyer tax credit toward BUYING A HOME, is a work in progress.
A very knowledgeable loan originator, Jeff Belonger in Cherry Hill NJ just posted a very good explaination of the rules as they are today. Rather than re-invent the wheel, see Jeff''s post here.
Why does an agent in Sun City worry about first time buyers? Because I also serve the family communities of Glendale, Peoria and Suprise AZ. All of these communities have excellent opportunities for the first time buyer to own their own family home.
Convenient central Sun City location, Friendly condo group. Your perfect seasonal or year-round home.
2BR/1.5BA Condo
offered at $132,500
Year Built
1972
Sq Footage
1,658
Bedrooms
2
Bathrooms
1 full, 1 partial
Floors
1
Parking
2 Car garage
Lot Size
405 sqft
HOA/Maint
$145 per month
DESCRIPTION
Enter this beautiful duplex condo through your saltillo tile paved entry courtyard.
This home features a light and bright step saver kitchen with a brakfast nook looking onto the entry courtyard.
You will enjoy the formal dining/living area and your additional Arizona room and screened patio.
Spacious 2 car garage with storage cabinets, and a good sized utility room also.
When my turn came, I enlisted 12/7/1964 serving until 12/6/1970. I reported to Fort Polk on my 19th birthday. Yes, I've had better birthdays.
It is now 45 years later and I have never forgotten my Drill Sergeant, a HUGE bear of a man, wearing the same campaign hat that Smokey the Bear wore.
Back to my subject, you never forget your Drill Sergeant, Drill Instructor, etc. This frightning but dedicated individual took callous youths and made men and women out of them. They were respected, feared, and yes, sometimes hated by those they trained.
I am sure one thing never happened, they were probably never thanked for the lessons taught.
Today, I would like to correct this. Sgt Gooding, wherever you are, thank you. I have stood on your shoulders for my whole life, I hope I wasn't too heavy.
(This post is a short version of one I posted on my website. To see the full post, including a photo of me when I was young (isn't there a song with that title) please click here.
The real estate market in Sun City is showing mixed signs of recovery. We have 770 active listings and 123 listings were sold in April. This results in 6.26 months of inventory. This 6.26 months of inventory (absorption rate) is very significant. An absorption rate of 6 is considered to be a balanced market. More than six is considered a buyer"s market. less than 6 is a seller's market. If this continues for 2 more months we will have a balanced market for the first time since the 2004-2005 market bubble.
Average selling prices were $135,000 for single family homes and $99,000 for condos and duplexes. Interest rates are at a 37 year low now. This, coupled with the first time buyer's refundable tax credit of up to $8,000 makes today the best time to buy a home in the memory of most agents in the business today.
Jim Little, your Sun City REALTOR® 800-877-1776 or 623-521-6768
Please visit my Web Site, suncityneighborhood.com where you can search the MLS with no registration for free.
My comments and opinions for the northwest Maricopa county and the Adult communities there. Specializing in Del Webb's Sun City, Sun City West, and Sun City Grand, and the neighboring communities of Surprise, El Mirage, Peoria and Glendale Arizona<!------ start copying here (it doesn't matter if you include these comments ---------->
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
Central A/C
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