Where the housing boom goes on - 06/28/07 03:00 AM
Where the housing boom goes onby Kaushik Sirkar, Chandler AZ REALTORChandler Arizona Real Estate
A good portion of the country is stuck in a Real Estate 'flat'.  Or maybe even a little bit of a 'bust'.  This is certainly not the case everywhere.  Read this article from money.cnn.com.  Various places are posting double digit price appreciation!  How is this possible?  Numerous reasons are given, but I think it boils down to a few basics.....
Didn't appreciate during the boomJob growthPopulation growthThere are places that have some of these signs but haven't appreciated in the last year.  Phoenix, for example, continues to demonstrate strong job … (7 comments)

Ever woken up and there was a hole next to your house? - 06/27/07 03:14 AM
Ever woken up and there was a hole next to your house?by Kaushik Sirkar, Chandler AZ REALTORChandler Arizona Real Estate
As Real Estate Agents, we have to know and be aware of many things.  Some of these may include comps, neighborhoods and floorplans.  What about builders and construction of malls or roads?  Sure.  And what about fissures.  FISSURES?  Fi-what?  Well, Arizona, primarily central and southern Arizona have fissures that can cause problems.  Don't believe me?  Wait...before we look at cases of fissures, how about we look at some examples of how they basically cropped up out of nowhere in the recent past to cause trouble....
http://www.azcentral.com/community/gilbert/articles/0811fissures-ON.html
http://www.eastvalleytribune.com/story/47157
What … (4 comments)

Tips for first time buyers - 06/26/07 02:39 AM
Tips for first time buyersby Kaushik Sirkar, Chandler AZ REALTORChandler Arizona Real Estate
As I have stated before, the majority of my blogging has been done on the Active Rain network.  Its where I got my start and I will of course continue contributing.  But I also think its time I started venturing out on my 'own' a little bit.  And here we are - I am writing a blog post on my own website!  And what is my topic today?  Its a simple one yet one that can't be emphasized and/or discussed often enough - tip for the first time buyer!  … (11 comments)

Gilbert 85236 year-to-date market statistics - 06/26/07 02:22 AM
Gilbert 85236 year-to-date market statisticsby Kaushik Sirkar, Chandler AZ REALTORChandler Arizona Real Estate
Enclosed please find year-to-date market statistics for the 85236 zip code in Gilbert.  Data courtesy of ARMLS.
Thanks for Reading :)
Kaushik Sirkar, Chandler AZ REALTORhttp://www.homesphx.com
 
… (0 comments)

Gilbert 85297 year-to-date market statistics - 06/26/07 02:21 AM
Gilbert 85297 year-to-date market statisticsby Kaushik Sirkar, Chandler AZ REALTORChandler Arizona Real Estate
Enclosed please find year-to-date market statistics for the 85297 zip code in Gilbert.  Data courtesy of ARMLS.
Thanks for Reading :)
Kaushik Sirkar, Chandler AZ REALTORhttp://www.homesphx.com
… (0 comments)

Gilbert 85296 year-to-date market statistics - 06/26/07 02:19 AM
Gilbert 85296 year-to-date market statisticsby Kaushik Sirkar, Chandler AZ REALTORChandler Arizona Real Estate
Enclosed please find year-to-date market statistics for the 85296 zip code in Gilbert.  Data courtesy of ARMLS.
Thanks for Reading :)
Kaushik Sirkar, Chandler AZ REALTORhttp://www.homesphx.com
… (0 comments)

Gilbert 85234 year-to-date market statistics - 06/26/07 02:17 AM
Gilbert 85234 year-to-date market statisticsby Kaushik Sirkar, Chandler AZ REALTORChandler Arizona Real Estate
Enclosed please find year-to-date market statistics for the 85234 zip code in Gilbert.  Data courtesy of ARMLS.
Thanks for Reading :)
Kaushik Sirkar, Chandler AZ REALTORhttp://www.homesphx.com
… (0 comments)

Gilbert 85233 year-to-date market statistics - 06/26/07 02:16 AM
Gilbert 85233 year-to-date market statistics by Kaushik Sirkar, Chandler AZ REALTORChandler Arizona Real Estate
Please find enclosed year-to-date market statistics for the 85233 zip code in Gilbert.  Data courtesy of ARMLS.
Thanks for Reading :)
Kaushik Sirkar, Chandler AZ REALTORhttp://www.homesphx.com
… (0 comments)

Who is familiar with the "Condotel"? - 06/20/07 03:44 AM
Who is familiar with the "Condotel"?by Kaushik Sirkar, Chandler AZ REALTORChandler Arizona Real Estate
When it comes to real estate investing, there are many traditional avenues.  Some of these include
single family rentalsmultifamily rental propertieslarger apartment complexesstrip mallsflipping homesvacation/2nd homesREITsindividual builder stocksAnother method that I have seen recently - yet I haven't seen much discussion on AR - involves hotels.  Or Condos.  Or in this case, Condotels!  What are these?  These are individual hotel rooms within a hotel.  The units are sold to individual investors/buyers.  They are managed completely by the hotel for a set fee.  Very hands off for the investor and … (12 comments)

Real estate is local..national..global? - 06/19/07 03:33 AM
Real estate is local..national..global?by Kaushik Sirkar, Chandler AZ REALTORChandler Arizona Real Estate
Real estate, in many respects, really is local.  Professionals knowledgeable about the local market are often the most successful.  Real estate is still often discussed in national terms.  The housing market in America did this, housing throughout the country is booming, housing throughout the nation is in a slump, etc.
But once in a while we need open our eyes up just a bit further...and look globally!  Why?  Just to be informed...see whats going on in the rest of the world.  With that said, I just came across this article from … (3 comments)

Who is your builder again...? - 06/18/07 03:29 AM
Who is your builder again...?by Kaushik Sirkar, Chandler AZ REALTORChandler Arizona Real Estate
All builders are not created equal.  Different levels of attention to detail,d ifferent philosophies, etc.  At some level they are the same.  But at many levels they aren't!  Reading the East Valley Tribune today, I came across this article.  It suggests that buyers of new homes
Focus on the builder, less so the price.Get an inspection done - so what if its new!If you do have problems, file a complaint!!I also came across this article.  A experienced developer had a new home (~ 500K) built by a well known national builder.  … (3 comments)

Some folks don't blog for business.... - 06/15/07 05:11 AM
Some folks don't blog for business....by Kaushik Sirkar, Chandler AZ REALTORChandler Arizona Real Estate
This article appeared a couple of days ago in the Arizona Republic.  Now before I discuss it - why are most Real Estate Professionals blogging on Active Rain?  At some level or another, gaining exposure and additional business likely plays a role for a vast majority of Active Rain participants.  There is nothing wrong with that.  Get your thoughts out there, how you do business and maybe prospective clients will contact you to represent them!  And lenders - blogging on AR is a great way to market yourself … (18 comments)

Should licensing be easier or harder? - 06/12/07 03:04 AM
Should licensing be easier or harder?by Kaushik Sirkar, Chandler AZ REALTORChandler Arizona Real Estate
I had run across an article by Greg Swann of Bloodhound blog recently in the Arizona Republic.  To summarize, Greg suggests (and Greg please feel to disagree if my synopsis is inaccurate) he states that licensing requirements for real estate agents is a joke.  No disagreement here!  He points out that passing the test only proves a persons ability to remember rather useless bits of information and in no way predicts future success as a Real Estate Agent.  He backs this up by stating that more than 90% … (19 comments)

Uh-oh...mortgage rates hit 10 month high! - 06/12/07 12:11 AM
Uh-oh...mortgage rates hit 10 month high!by Kaushik Sirkar, Chandler AZ REALTORChandler Arizona Real Estate
I'm sure most real estate professionals keep track of mortgage rates.  I'm sure most folks considering the purchase of a home do the same.  But, I'm also guessing some people (professional or consumer) have been remiss in keeping up.  So I thought I'd post a little update.
This was posted today in money.cnn.com.  Mortgage rates are now at a 10 month high with the 30 year fixed having passed 6.5%.  One always says to not attempt to 'time the market' - if you find the right house for you … (6 comments)

Chandler 85224 Market Statistics - 06/12/07 12:02 AM
Chandler 85224 Market Statisticsby Kaushik Sirkar, Chandler AZ REALTORChandler Arizona Real Estate
Please find enclosed year to date market statistics for the 85224 zip code in Chandler.  Data courtesy of ARMLS.
Thanks for Reading :)
Kaushik Sirkar, Chandler AZ REALTORhttp://www.homesphx.com
… (2 comments)

Chandler 85249 Market Statistics - 06/12/07 12:00 AM
Chandler 85249 Market Statisticsby Kaushik Sirkar, Chandler AZ REALTORChandler Arizona Real Estate
Please find enclosed year-to-date statistics for the 85249 zip code in Chandler.  Data courtesy of ARMLS.
   
Thanks for Reading :)
Kaushik Sirkar, Chandler AZ REALTORhttp://www.homesphx.com
 
… (0 comments)

Chandler 85248 Market Statistics - 06/11/07 11:59 PM
Chandler 85248 Market Statisticsby Kaushik Sirkar, Chandler AZ REALTORChandler Arizona Real Estate
Please find enclosed year to date market statistics for the 85248 zip code in Chandler.  Data courtesy of ARMLS.
Thanks for Reading :)
Kaushik Sirkar, Chandler AZ REALTORhttp://www.homesphx.com
… (0 comments)

Chandler 85225 Market Statistics - 06/11/07 11:57 PM
Chandler 85225 Market Statisticsby Kaushik Sirkar, Chandler AZ REALTORChandler Arizona Real Estate
Please find enclosed year to date statistics for the 85225 zip code in Chandler.  Data courtesy of ARMLS.
Thanks for Reading :)
Kaushik Sirkar, Chandler AZ REALTORhttp://www.homesphx.com
… (0 comments)

Chandler 85226 Market Statistics - 06/11/07 11:55 PM
Chandler 85226 Market Statisticsby Kaushik Sirkar, Chandler AZ REALTORChandler Arizona Real Estate
Enclosed, please find market statistics for the 85226 zip code in Chandler for the calender year 07'.  Data courtesy of ARMLS.
 
Thanks for Reading :)
Kaushik Sirkar, Chandler AZ REALTORhttp://www.homesphx.com
… (0 comments)

Too much inventory? It is good for those people we call BUYERS !! - 06/08/07 11:33 PM
Too much inventory?  It is good for those people we call BUYERS !!by Kaushik Sirkar, Chandler AZ REALTORChandler Arizona Real Estate
Many parts of the country have way too many homes on the market.  Inventories are setting records (certainly the case in the Phoenix metropolitan area).  We are seeing the number of transactions decrease.  We are seeing homes sit on the market longer.  We are seeing sellers very frustrated by the inability to sell their homes!
Lets not forget - this set of conditions is actually good for one set of the population - BUYERS!!!!  In various markets, they have inventory to select … (7 comments)

Was the sale of your home front page news? - 06/06/07 04:33 AM
Was the sale of your home front page news?by Kaushik Sirkar, Chandler AZ REALTORChandler Arizona Real Estate
Homes are bought and sold all the time.  Big homes, small homes, ugly homes, pretty homes.  Rich people, not so rich people.  No big deal, right?  Well what would happen if you bought or sold a home and it made FRONT PAGE NEWS???
See this article in today's Arizona Republic.  It details the priciest real estate transactions in the Valley for the past week.  As a matter of fact, this runs on a weekly basis.  Frankly, I kind of laugh when I see this. 
Of course, … (6 comments)

Record setting apartment deal - 06/05/07 03:28 AM
Record setting apartment dealby Kaushik Sirkar, Chandler AZ REALTORChandler Arizona Real Estate
The apartment market, at least for investors, appears to keep on chugging.  High home prices are forcing more people to rent.  Rents have been going up and apartments as an investment vehicle begin to look more and more attractive.  Earlier, I blogged about apartment rents continuing to rise in the valley.
Well it didn't stop there.  Check out this article from today's Arizona Republic.  A record breaking deal took place where 12 Phoenix area apartment complexes sold for a record combined $427.5 million dollars!  In total, we are talking about 5178 … (4 comments)

The sky is falling! I think...wait, maybe its not.... - 06/04/07 11:42 PM
The sky is falling!  I think...wait, maybe its not....by Kaushik Sirkar, Chandler REALTOR®Chandler AZ Real Estate
During the boom.  You couldn't go wrong with housing.  50% appreciation per year for the next decade.  Now?  RENT!  Get out of your house before it loses all its value!!
Obviously both of the ends of the spectrum are/were somewhat skewed.  Those of us who kept our heads during the boom knew it wouldn't last forever.  And....wait...am I predicting the future...that house prices won't completely collapse?  Well, thats certainly my expectation.  But my point here is, many frenzies (up or down) are driven by media reports.
Supposedly, we are … (10 comments)

Seville Golf and Country Club Part 2 - 06/04/07 12:12 AM
Seville Golf and Country Club Part 2by Kaushik Sirkar, Chandler REALTOR®Chandler AZ Real Estate
I have previously blogged about the gorgeous Seville Golf and Country Club.  My previous post focused on the homes themselves as well as various market statistics.  This time I want to take a closer look at the country club itself and some of the amenities it has to offer residents.
Interested in sand volleyball?  Basketball?  Plenty of courts!
  
 Working out?  How about a state of the art fitness center
Need a refreshing set of pools?

Golf Course with STUNNING views?

In summary, Seville's golf course and country club are truly gorgeous.  If these are the kinds … (4 comments)

Cooper Commons subdivision YTD statistics - 06/01/07 12:56 PM
Cooper Commons subdivision YTD statisticsby Kaushik Sirkar, Chandler AZ REALTORChandler Arizona Real Estate
Please find enclosed the year-to-date statistics for the Cooper Commons subdivision in Chandler (data per ARMLS).  Located in southern Chandler in the 85249 zip code, this is a very serene subdivision that is ideal for families with its many parks/greenbelts.  (Data per ARMLS)
… (0 comments)

Cottonwood Springs subdivision YTD statistics - 06/01/07 12:53 PM
Cottonwood Springs subdivision YTD statisticsby Kaushik Sirkar, Chandler AZ REALTORChandler Arizona Real Estate
Cottonwood Springs is beautiful subdivision located in close proximity to both the 101 and 202 freeways.  Near the intersecdtion of Alma School Rd. and Queen Creek Rd. in Chandler (85248), please find enclosed recent (since 1/1/07) market statistics (courtesty of ARMLS).
Thanks for Reading :)
Kaushik Sirkar, Chandler AZ REALTORhttp://www.homesphx.com
… (0 comments)

Augusta subdivision YTD statistics - 06/01/07 12:48 PM
Augusta subdivision YTD statisticsby Kaushik Sirkar, Chandler AZ REALTORChandler Arizona Real Estate
Augusta is a charming golf course subdivision located in the Foothills area of Ahwatukee.  Enclosed, please find the latest year-to-date market statistics (courtesty of ARMLS).
Thanks for Reading :)
Kaushik Sirkar, Chandler AZ REALTORhttp://www.homesphx.com
… (0 comments)

 

Kaushik Sirkar

Chandler, AZ

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Call Realty, Inc.

Cell Phone: (480) 600-2808

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