Thoughts on the Flat Housing Market, and Mortgage Crunch - 07/29/07 11:42 AM
The housing market in my area is spotty, with Sun City and Surprise homes selling at a slightly increasing rate, while Sun City West, Peoria and Glendale flat. Prices are, in,fact, down from the 2005 record prices. Inventory is high in all areas, and the "I'll sell if I get my outrageous … (4 comments)
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Think Foreclosures are a Good Deal? Really? - 07/28/07 11:45 AM
Want to Buy a Foreclosure? Think about it first.
Many buyers are coming to me with the intent to buy a foreclosure property.
Why? They think they will save a lot of money. After looking at many, most decide not to do so. They find the costs to be much more than … (3 comments)
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The Monsoon is Here - 07/26/07 12:27 PM
The monsoon season has finally arrived in the valley. Rainfall totals exceeding 2" in some communities have been reported, with the typical street flooding and flooding washes.
This is a good time to remind everyone about the "Stupid Motorist Law". This law makes it illegal to pass traffic barriers and cross a … (0 comments)
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A Big New Employer Comes to Surprise - 07/26/07 11:46 AM
Crescent Crown Distributing has announce that it will build a regional headquarters an distribution facility at the Surprise Pointe commericial park.
Crescent expects to employ 250 people initially, growing to 600 jobs in the near future. The company also has a distribution center in Phoenix, which it will keep open. That facility … (3 comments)
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Seller's, Use a Lockbox or Not - 07/25/07 04:13 PM
In Arizona, the typical listing agreement will include specific permission to do 2 things.
First, permission to put up a for sale sign. For most people with homes for sale this is a given, of course they want a sign. In Sun City and Sun City West, these signs are the … (3 comments)
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Monsoon? Comes at Last - 07/23/07 01:15 PM
Monsoon season is officially here!
Although the weather guessers say that the monsoon season is now with us, (defined as 3 consecutive days of dew points averaging 55 degrees or higher) you can't tell it in the west valley..
The east valley got hammered on Saturday night, up to 1.81 inches of rain. … (4 comments)
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Great News for Golfers!! - 07/23/07 12:12 PM
Sun Citian Buys Sun City Country Club!
Sun City Golf Resorts, owned by a Sun CIty resident recently won the bidding to buy Sun City Country Club, the oldest country club in Sun City AZ.
The manager of Sun City Golf Resorts bought the club to improve it, and also because he lives … (0 comments)
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News From Surprise - 07/21/07 05:00 PM
Growing, Growing Grown!
Forbes.com reports that Surprise Arizona is the third-fastest-growing suburb in America according the the Arizona Republic. In the same article, the Republic says that Money magazine rated Surprise AZ as first in the nation for the rate of new job growth.
Four of the top ten fast growing suburbs were … (2 comments)
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Rent vs Buy? - 07/20/07 11:58 AM
Renting a home is an expensive luxury!
The average rent in the Phoenix area is now $809 per month. Occupancy rates are 98% occupied. Rentals are getting very scarce and costly now.
If you were paying $809 per month, how much home could you buy? After converting this rent payment and factoring in … (8 comments)
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Sellers, you MUST disclose!!! - 07/18/07 10:21 PM
Arizona law requires that you disclose to potential buyers anything that may be material to their purchase of your property. This disclosure requirement is so important that the Arizona Association of Realtors, (AAR) has created a six page form to assist you. It sounds bad, but most of the questions are … (7 comments)
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Surprise Arizona, is this your new home? - 07/18/07 09:23 PM
Surprise is the growth center of the northwest valley, located west of Glendale, Peoria, Sun City and Sun City West.
The town was a small, one-mile square village when it started in 1937. It has since become Arizona's fastest growing city 4 years out of the last 5. The population is now … (0 comments)
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More News of Improvement in the Housing Market! - 07/16/07 05:13 PM
Countrywide Financial, one of the largest mortgage originators reported that They made 45 Billion dollars in mortage loans in June. This is a 4% increase over June of 2006. The company accomplished this in spite of vastly reduced activity in the sub-prime and adjustable rate mortgages.
The company still finds the housing … (0 comments)
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Thoughts on Today's Real Estate News (7/15/07) - 07/15/07 01:01 PM
In today's Arizona Republic, Cathrine Reagor reports a few things of interest to home buyers and home sellers.
New home building continues to slow.Condo sales are bucking the trend. Sales of existing condos are up about 8%.Short sales continue to rise.Regarding number 1, good news for sellers of existing homes, they do … (0 comments)
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The Monsoon is Coming, Is Your Home Ready? - 07/14/07 11:48 AM
As if triple digit heat isn't enough, in Arizona, July is the start of the monsoon season.
The monsoon season is a change in weather caused by a seasonal change in the wind direction. Here that means the wind direction no longer typically comes from the west, but now from the … (2 comments)
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Home Sales up in Sun City and Surprise Arizona - 07/13/07 11:38 PM
The West Valley's Daily News-Sun newspaper, citing a study by Realty Studies at Arizona State University Polytechnic reported today, July 13, 2007, that Sun City and Surprise resales of homes were strong when compared to the same month last year.
Sun City Arizona home resales were 115 homes in June 2007 compared … (1 comments)
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Blog Template Test - 07/13/07 08:57 PM
… (7 comments)
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Low Prices, Higher Interest, Don't Wait to Buy - 07/11/07 09:28 PM
Today's Arizona Republic quoted Associated Press, saying, "Prices are expected to bounce back next year...". This is good news to the current owners and sellers of homes in Sun City, Sun City West and Surprise Arizona. The days to sell have also started to drop.Existing home sales prices are expected to … (3 comments)
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FIREWORKS TOMORROW!! - 07/02/07 03:38 PM
Fireworks will be everywhere in the west valley tomorrow. Here is a partial list, as reported by the Arizona Republic.
Avondale: Festivities will be at Phoenix International Raceway, 7602 S Avondal Bl. from 6-10:30pm. Free!Buckeye: Clowns and Jugglers, water park. Verrado High School, 20050 W. Indian School Rd from 5:30-10:00pm. Free but … (-1 comments)
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