Windermere Foundation - Charity Golf Tournament - 04/29/09 06:41 PM
One of the reasons I chose to hang my real estate license with Windermere Real Estate was due to the sense of community the company exudes and the charitable nature of the organization.
In 1989 Windermere Real Estate established the Windermere Foundation.  Through contributions from agents ($7.50 from every transaction is automatically contributed to the foundation) and fundraising events conducted by the agents themselves, the Windermere Foundation has raised millions of dollars, benefitting thousands of families and children throughout the western United States.
Each Windermere office nominates foundation representatives, which I am one, to head their respective office's fund raising … (0 comments)

Anthem Arizona - Featured Community... - 04/28/09 09:15 PM
Located in the foothills of north Phoenix and only an hour's drive from Sedona, Anthem Arizona is a community unlike any other.  With it's sweeping vistas, sense of seclusion, and peaceful setting, life in Anthem is akin to living on an all inclusive resort, everyday.
Anthem Arizona is a Del Webb development which began building in 1998 and is near completion, with the last phase, Arroyo Grande scheduled to be sold out by 2010.  It is a planned suburb 34 miles north of downtown Phoenix that opened in 1998. With an estimated population of about 40,000 people and a thriving commercial … (0 comments)

Arizona Golf Courses... - 04/27/09 07:55 PM
Arizona, along with Florida, is a golfer's haven.  One statistic I read somewhere noted that there were more golf courses in Phoenix than there were McDonald's.  That's a lot of courses.
In a continual effort to provide information we deem valuable to the public we will provide a weekly feature highlighting some of the greater Phoenix area golf courses.
Today's featured course is the Troon North Golf Course.
Located in North Scottsdale, about 7 miles north of old town Scottsdale, Troon North is comprised of two courses, the Monument and Pinnacle courses.   Both courses offer spectacular desert scenery and will be … (0 comments)

Phoenix real estate amongst the hottest in the nation... - 04/23/09 12:23 PM
An article from CNNMoney.com, confirms what we have been anecdotaly reporting lately.  The report states that Phoenix and five nearby cities - Scottsdale, Mesa, Chandler, Gilbert and Glendale - were among the hottest cities in the U.S. for homebuyers in Q1, according to the number of home searches on ZipRealty.com. ZipRealty's Q1 "Home Hunters Report" released today, shows that distressed properties (foreclosures and short sales) in the five most affected markets, including Phoenix, are spending on average 20% fewer days on the market in Q1 of this year compared to Q1 of last year.  http://money.cnn.com/news/newsfeeds/articles/marketwire/0494018.htm
If you've been following this blog over the … (1 comments)

Phoenix real estate - Maricopa County Listing Comparison... - 04/22/09 08:30 PM
 
 

 
First Quarter Listing Comparison for Maricopa County: This graph illustrates the comparison by price range Active "Distressed" Listings, Active "Non-Distressed Listings" Sold "Non-Distressed" Listings and Sold "Distressed" Listings by price range. It shows the highest volumes of Active and Sold lists are below $300,000 with the highest percentage of these sales being "Distressed" sales. However it is important to note that we are seeing increasing volumes in the price ranges above $300,000 and many of these sales are not "Distressed". For more graphical interpretations of the Phoenix real estate and Maricopa County real estate markets go to … (0 comments)

Phoenix Real Estate - North Valley Charmer... - 04/21/09 07:32 PM
Beautiful North Phoenix Home
$319,600
 

 
Terrific value in terrific neighborhood. This well kept 5 bed/3 bath home in peaceful North Phoenix. Located near schools, shopping, entertainment, and easy highway access. Pergo floors in family/livingt/dining rooms, new gas stove and convection over, custom paint, and embedded speakers installed throughout the home. Spacious floor plan, very lrg master bedroom and accompanying rooms upstairs,guest room w/full bath down stairs. Loft and tech center are also located upstairs. Numerous custom upgrades including cultured marble cuounters in the baths, pot riack in kitchen, sunscreens, and retractable patio screen door. Must see to appreiate. … (1 comments)

Phoenix real estate market - Median Home Prices through Q1 2009 - 04/20/09 01:41 PM
The graph below illustrates the median sales price of homes sold through the Maricopa County MS Year 2008 vs. 1 Qtr. 2009.  You'll not that the median sales price has fallen 47% from the March '08 through March '09.  However, the rate of decline in prices seems to be leveling off as evidenced by the  yellow line representing 2009 sales.
For more graphical interpretations of the Phoenix real estate market go to www.choosewindermere.com.
For more information about Phoenix, Scottsdale, or Anthem AZ real estate click here.
 

… (0 comments)

Phoenix real estate - Market inventory graph... - 04/18/09 06:12 PM
The chart below illustrates some very positive trends occuring in the Phoenix real estate market.
The bar graph portion of the chart represents the "burn rate" for our inventory.  Or how many months supply of homes we currently have on the market.  This number has decreased dramitically from a high of approximately 20 months worth of supply in January 2008 to about a 9 months supply through February 2009.
The green line graph illustrates the number of active listings we have on the market.  Again, this graph is showing a move in the right direction with current listings through February sitting … (1 comments)

Phoenix real estate - Open House Sunday, April 19th, 1-4PM - 04/17/09 06:33 PM
 
Beautiful Phoenix Area Short Sale Opportunity
17849 W. Evans Dr. Surprise, AZ 85388
 

 
Incredible short sale opportunity. This well kept 4 bedroom, 2.5 bathroom home in the Sierra Montana development is located within walking distance of the community recreation center and is loaded with custom touches and upgrades. the kitchen is equipped with stainless steel appliances, granite countertops, and smoked glass cabinetry. Stone accents and custom paint throughout make this home a designer's dream. Den downstairs, bedrooms upstairs. Huge master bedroom and very large bonus room converted to bedroom. Spa/Jacuzzi included. Pre wired for surround sound, ceiling … (2 comments)

Zillow. Not the best source from which to glean information... - 04/14/09 04:05 PM
I've been working with an out of state buyer for the past couple of weeks.  I send him listings from our local MLS and he in turn has responded with listings from Zillow that he found for the same homes.
I've found Zillows information to be incorrect more often than not.  Many times the listings are old listings with outdated photos.
The most glaring example of this came last weekend when my client sent me the link to a listing he said was "exactly" the type of home he was looking for.  AND the home sold for over $150,000 less than … (3 comments)

Anthem AZ real estate - Great 4 bedroom home with pool - $169,000 - 04/13/09 12:50 PM
 Great 4 Bedroom Anthem Home w/Fantastic Pool!!! … (0 comments)

Phoenix's Weather...Not too hot to trot. - 04/12/09 12:48 PM
I speak to a lot of people around the country and invariably one of the first questions they ask is "how's the weather out there?"  This is usually followed up by "how do you guys stand the heat during the summer".
Well for those unitiated to our weather, this post is for you.
You see I grew up in a geographical area that, in my dad's words, probably has the best weather in the world.  That being San Jose, California.  I also lived in San Francisco for 18 years.  The weather there was not so enjoyable for me most of the … (1 comments)

Home or Away? Which do you prefer? - 04/11/09 01:17 PM
I'm not talking about sports here.  The question in the subject title is referring to a home office or the corporate, brick and mortar office.
In my illustrious :-) real estate career I've tried both.
Working from the home office gave me the flexibility to multi-task and cut down on travel time to and from the office.  However, as I'm sure anyone who has ever worked from home has experienced, there are FAR more distractions.  Especially when the family returns.  Don't get me wrong, I love my children, but it doesn't always set the right tone when you're on the phone … (5 comments)

Short sale checklist... - 04/10/09 08:33 PM
Over the past couple of years my business partner have found that the following list of items, submitted to the lender with an offer has streamlined the shortsale process.  We also include current comparable properties to support the price.  Feel free to use as you see fit.
And for more useful information about the Phoenix real estate market click here.
 
 
 
Short Sale Checklist
 
 
The following is a list of items that is typically required by the lender when negotiating a short sale.  Often, different lenders will require different documentation, so, although the following list is comprehensive, … (2 comments)

That potential buyer just went up in smoke. - 04/09/09 07:59 PM

 
Home sellers who smoke.  This post is for you.
I know smokers have been ostracized over the past twenty years or so.  Seems these days you can't even smoke in your own home.  And I know that some of you don't.  Which is a smart move if you ever want to sell your home at top dollar.
Having shown many a home over the years I can tell you that unless my clients are smokers themselves, your home does not stand a chance of selling near market value if it smells of smoke.  I've had buyers who, upon the … (4 comments)

Phoenix Metropolitan Area Market Analysis 2005-2008 - 04/07/09 09:06 PM
I often get asked about how far prices have fallen here in the Phoenix real estate market from the peaks of a few years ago.  So I compiled an analysis of homes sold over the past four years including the first quarter of 2009.
As you can see, our average price of homes sold has fallen an incredible 50% off the high from 2007.  But if the first quarter of 2009 is a good predictor of things to come for the rest of the year we should see units sold surpass last year's total.  This will enable us to get the … (1 comments)

Scottsdale real estate - Market update March 2009 - 04/06/09 10:27 PM
The  Scottsdale real estate market is starting to heat up as well. Scottsdale had been showing some signs of waning under the pressure of the economic downturn from the preceding months and has been taking the hit.  That being said, there are still some fantastic bargains in Scottsdale right now.  And when the market picks up full swing again, the homes in Scottsdale are going to appreciate at about double the rate of homes in other parts of the valley.
Here are March's numbers for the week ending 3/31/09:
Active Listings: 5,775 (Down 3% from Feb. '09)
Homes Pending: 849 (Up 38% over … (0 comments)

Phoenix real estate - March 2009 market update. - 04/05/09 01:42 PM
I said it last month and I'll say it again this month.  Ummm folks...it is REALLY time to buy here in Phoenix.  The Phoenix real estate market is starting out 2009 at a much healthier pace than the previous year. Year over year units sold are screaming past last year's figures, almost tripling March 2008's pace.  Prices still continue to decline but the bargain hunters are coming back in full force. If you're looking to purchase a home here in the Valley of the Sun, now's the time. Here are March's numbers through the week ending 3/31/09:
Active Listings: 10,744 (down … (0 comments)

Anthem AZ real estate - March '09 market update - 04/02/09 10:08 PM
The real estate market in Anthem, like the weather, is heating up .  The number of homes actively on the market fell again.  We saw prices decrease a bit in March, but still the burn rate is down to 2 months now, so based on that statistic we are entering a seller's market in Anthem. Days on market increased a bit, but again, nothing to be alarmed about.
If you or someone you know are considering purchasing a home in Anthem, now's the time.
Here are the lastest stats for the week ending 3/31/09:
Active Listings: 229
Homes Pending: 145
Homes sold in last … (0 comments)

 
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Jerry Murphy, Anthem AZ Real Estate

Anthem, AZ

More about me…

Long Real Estate

Address: 8476 W. Thunderbird Rd., Peoria, AZ, 85381

Office Phone: (623) 594-2300

Cell Phone: (602) 334-3757

Email Me

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