arizona real estate: Foreclosures in the Valley up 97% in December! - 01/14/08 11:53 PM
Foreclosures in the Valley up 97% in December!by Kaushik Sirkar, Chandler AZ REALTORChandler Arizona Real Estate
See the article from today's Arizona Republic. Wow, foreclosures up 97% from the same time period the previous year! Guess this is a strong indicator of the problems the Valley is currently facing. Slightly weaker jobs, … (13 comments)
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arizona real estate: Real Estate Reality Show - Phoenix Style! - 10/14/07 11:39 PM
Real Estate Reality Show - Phoenix Style!by Kaushik Sirkar, Chandler AZ REALTORChandler Arizona Real Estate
There are ALL SORTS of tv shows related to Real Estate. Flip this house. Bob Vila that. Million Dollar listing. I could go on and on. Are you familiar with what's going on in the Valley?
Houses just … (0 comments)
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arizona real estate: Latest East Valley Statistics - 10/14/07 04:14 PM
Latest East Valley Statisticsby Kaushik Sirkar, Chandler AZ REALTORChandler Arizona Real Estate
Per our friends at the Grand Canyon Title Agency, please find enclosed East Valley Market Statistics as of October 1st. Shows just what a small percentage of homes have gone under contract in the previous month.
Thanks for Reading :)
Kaushik Sirkar, … (2 comments)
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arizona real estate: Ever wonder why those water tankers are at new home construction sites? - 09/24/07 11:15 PM
Ever wonder why those water tankers are at new home construction sites?by Kaushik Sirkar, Chandler AZ REALTORChandler Arizona Real Estate
You drive by a new home subdivision or a plat of land where homes are slated for. A lot of dirt. And often, a water tanker. Sometimes they can even be spotted … (7 comments)
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arizona real estate: D'arcy Ranch YTD Market Statistics - 09/08/07 09:10 PM
D'arcy Ranch YTD Market Statisticsby Kaushik Sirkar, Chandler AZ REALTORChandler Arizona Real Estate
Enclosed, please find the year-to-date market statistics for the D'arcy Ranch subdivision. D'arcy Ranch is conveniently located near the intersection of the 101 highway and Ray Rd. in Chandler. Data courtesy of ARMLS.
Thanks for Reading :)
Kaushik Sirkar, Chandler … (0 comments)
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arizona real estate: AMAZING Spec Home Deals in Maricopa - 08/09/07 03:14 AM
AMAZING Spec Home Deals in Maricopaby Kaushik Sirkar, Chandler AZ REALTORChandler Arizona Real Estate
Interest in purchasing a home or new home in the SouthEast Valley? Prices just a little too high? Can't afford 200k+ for a starter home? Well please consider Maricopa. Roughly 20 minutes South/Southwest of Chandler, homes in Maricopa … (1 comments)
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arizona real estate: Thinking about 'fishing'? Not in this market.... - 08/09/07 02:59 AM
Thinking about 'fishing'? Not in this market....by Kaushik Sirkar, Chandler AZ REALTORChandler Arizona Real Estate
This blog entry of mine really applies to the would-be-sellers as well as agents that will take any and all listings.
Dear Mr. and Mrs. Seller - Did you know that there are currently OVER 54,000 homes for … (1 comments)
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arizona real estate: Telling words from Toll CEO - 08/09/07 02:47 AM
Telling words from Toll CEOby Kaushik Sirkar, Chandler AZ REALTORChandler Arizona Real Estate
Surfing the web as I often do, I came across this article today in the East Valley Tribune. Its an article whose focus is to discuss the decrease in Toll Brothers' 3rd quarter revenue. The article actually opens with … (2 comments)
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arizona real estate: Congratulations Gilbert - you are the fastest growing 'big' suburb in America! - 08/08/07 03:54 AM
Congratulations Gilbert - you are the fastest growing 'big' suburb in America!by Kaushik Sirkar, Chandler AZ REALTORChandler Arizona Real Estate
This article just came out at realestate.msn.com. It discusses the fastest growing suburbs in America. Sure, some of the fastest growing 'burbs' are located in California (typically the affordable ones) and in … (5 comments)
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arizona real estate: Arizona Reflections - Great Starter Homes in Chandler - 08/08/07 03:43 AM
Arizona Reflections - Great Starter Homes in Chandlerby Kaushik Sirkar, Chandler AZ REALTORChandler Arizona Real Estate
I have a question for you.
1) Looking for a starter home in Chandler?
Well, if so, you may be interested in the Arizona Reflections subdivision. Why? Relatively speaking, the homes here are affordable, the grounds well kept … (0 comments)
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arizona real estate: Michael Pollack speaks - we listen! - 07/30/07 02:41 AM
Michael Pollack speaks - we listen!by Kaushik Sirkar, Chandler AZ REALTORChandler Arizona Real Estate
Have you ever driven around in the Valley? Well then you've probably seen many of the semi-trailors with the name Pollack - these are located all over the place! What does the name mean? Well, in this case we … (1 comments)
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arizona real estate: The seller has completed repairs - do you ever hire an inspector to confirm? - 07/12/07 03:03 AM
The seller has completed repairs - do you ever hire an inspector to confirm?by Kaushik Sirkar, Chandler AZ REALTORChandler Arizona Real Estate
Its a common practice for homes to be inspected when they go under contract. The inspector finds some flaws, the buyer and the seller typically negotiate what items get fixed, … (14 comments)
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arizona real estate: Who are the biggest Employers in the East Valley? - 07/12/07 02:53 AM
Who are the biggest Employers in the East Valley?by Kaushik Sirkar, Chandler AZ REALTORChandler Arizona Real Estate
Its no secret that a strong employment base is a key factor that drives growth and supports local economies. Job growth will often help to drive new construction and growth within the Real Estate market as … (0 comments)
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arizona real estate: Short sale - come on, everyone's doing it!! - 07/08/07 08:57 PM
Short sale - come on, everyone's doing it!!by Kaushik Sirkar, Chandler AZ REALTORChandler Arizona Real Estate
You buy a home. You need to sell the home. But for whatever reason....the home decreased in value or you borrowed too much against the home - you owe more than the home is worth. You would just have … (15 comments)
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arizona real estate: Anyone looking for a mall in Gilbert? - 07/03/07 12:05 AM
Anyone looking for a mall in Gilbert?by Kaushik Sirkar, Chandler AZ REALTORChandler Arizona Real Estate
Gilbert is growing. New construction galore. As more and more people move into Gilbert the amount and number of retail outlets will also grow correspondingly to meet growing demand. A HOOOOOGE mall, in the form of the … (4 comments)
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arizona real estate: 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 … (7 comments)
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arizona real estate: 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 … (11 comments)
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arizona real estate: 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. … (3 comments)
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arizona real estate: 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 … (19 comments)
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arizona real estate: 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 … (6 comments)
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arizona real estate: 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)
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arizona real estate: 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 … (7 comments)
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arizona real estate: 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 … (6 comments)
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arizona real estate: 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, … (4 comments)
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arizona real estate: 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 … (10 comments)
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arizona real estate: 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 … (3 comments)
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arizona real estate: Phoenix area submarket absorption rates - 05/30/07 11:43 PM
Phoenix area submarket absorption ratesby Kaushik Sirkar, Chandler AZ REALTORChandler Arizona Real Estate
I admit it. I'm not the first to blog about absorption rates. Heck, I'm not the first one to blog about them locally. I first saw Jonathan Dalton blogging about this topic. But I do find this topic very … (2 comments)
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arizona real estate: Summer grilling safety! - 05/28/07 04:55 PM
Summer grilling safety!by Kaushik Sirkar, Chandler AZ REALTORChandler Arizona Real Estate
Summer is fast approaching. Heck, 100 degree highs in AZ are now commonplace. Among many other activities, one sure to pickup is grilling. Juicy burgers, dogs, chicken, ribs, etc! YUM! But please remember to be careful when grilling. I saw this … (3 comments)
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arizona real estate: More scam artists busted! - 05/27/07 01:16 AM
More scam artists busted!by Kaushik Sirkar, Chandler AZ REALTORChandler Arizona Real Estate
Mortgage fraud. We know its out there. All professionals need to be aware of it and the various tricks the scam artists conjure up. See this article from today's Arizona Republic. Various items to note....real estate agent, family members, old, … (8 comments)
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arizona real estate: Are you a new agent? Try not to appear clumsy! - 05/25/07 10:27 PM
Are you a new agent? Try not to appear clumsy!by Kaushik Sirkar, Chandler AZ REALTORChandler Arizona Real Estate
We've all been new agents at some point. It can be difficult for a new agent, after they have landed their first client, to appear professional at all times. One thing that I've seen … (6 comments)
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arizona real estate: Latest Ocotillo Lakes Statistics - 05/24/07 06:08 PM
Latest Ocotillo Lakes Statisticsby Kaushik Sirkar, Chandler AZ REALTORChandler Arizona Real Estate
Please find enclosed market statistics for the Ocotillo Lakes subdivision for this calendar year. Data courtesty of ARMLS.
Thanks for Reading :)
Kaushik Sirkar, Chandler AZ REALTORhttp://www.homesphx.com
… (0 comments)
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arizona real estate: Latest Gila Springs Statistics - 05/24/07 05:59 PM
Latest Gila Springs Statisticsby Kaushik Sirkar, Chandler AZ REALTORChandler Arizona Real Estate
Enclosed please find Gila Springs subdivision market statistics for the calendar year '07. Data courtesty of ARMLS.
Thanks for Reading :)
Kaushik Sirkar, Chandler AZ REALTORhttp://www.homesphx.com
… (0 comments)
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arizona real estate: Latest Chandler Market Statistics - 05/24/07 05:54 PM
Latest Chandler Market Statisticsby Kaushik Sirkar, Chandler AZ REALTORChandler Arizona Real Estate
Per ARMLS, please find enclosed the last 30 days worth of market statistics encompassing all of Chandler. The statistics dictate about an 8 month supply of homes. Certainly higher than the historical Phoenix metro norm, but much lower than towns … (0 comments)
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arizona real estate: McMansion, anyone? - 05/23/07 10:59 PM
McMansion, anyone?by Kaushik Sirkar, Chandler AZ REALTORChandler Arizona Real Estate
Bigger is better? More horsepower in cars. Bigger boats for the lake. SUV over wagon. Biggie sized. Super sized. Etc. Face it, people in this country prefer larger in many cases. And homes, apparently, aren't any different.
This article recently came out on msnbc.com. It … (7 comments)
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arizona real estate: Apartment rents keep on risin' - 05/23/07 10:43 PM
Apartment rents keep on risin'by Kaushik Sirkar, Chandler AZ REALTORChandler Arizona Real Estate
This article was in today's Arizona Republic. What does it say? Rents have been rising. And they will contiue to rise. Multiunit properties - sales are on the up especially as the condo-conversion madness has ceased. the first 4 … (2 comments)
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arizona real estate: New 'tricks' in builder's arsenal - 05/23/07 01:58 PM
New 'tricks' in builder's arsenalby Kaushik Sirkar, Chandler AZ REALTORChandler Arizona Real Estate
Builders do lots of things to entice prospective buyers. Free this. Discounted that. You name it, its probably been tried. But in a sluggish resale market, one thing the builders haven't been able to deal with is the inability … (2 comments)
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arizona real estate: If every agent did their job and all sellers listened, I wouldn't have to write this... - 05/22/07 01:26 AM
If every agent did their job and all sellers listened, I wouldn't have to write this...by Kaushik Sirkar, Chandler AZ REALTORChandler Arizona Real Estate
Typical weekend afternoon. I'm showing my clients homes somewhere under the Arizona sun. Some very nice homes as a matter of fact with beautiful decor, upgrades galore and gorgeous … (28 comments)
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arizona real estate: Latest Queen Creek Market Statistics - 05/18/07 09:52 PM
Latest Queen Creek Market Statisticsby Kaushik Sirkar, Chandler AZ REALTORChandler Arizona Real Estate
Talk about a ridiculously strong buyer's market (and a correspondingly weak seller's market) - welcome to Queen Creek Arizona. Located in the southeast portion of the valley, we are looking at a whopping > 15 months supply of homes. … (2 comments)
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arizona real estate: Sometimes I can't help but disagree with information in the paper - 05/18/07 09:43 PM
Sometimes I can't help but disagree with information in the paperby Kaushik Sirkar, Chandler AZ REALTORChandler Arizona Real Estate
This article was published in today's Arizona Republic. In general, a nice enough article about the current state of the Phoenix metropolitan Real Estate market. Inventory is high. Both the home and the … (7 comments)
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arizona real estate: Q & A with Michael Pollack - 05/18/07 03:12 PM
Q & A with Michael Pollackby Kaushik Sirkar, Chandler REALTOR®Chandler Arizona Real Estate
Pollack is a big name when it comes to Valley Real Estate. One of the 'main' ones is Michael Pollack, renowned investor and developer who owns dozens of shopping centers, among other items, in his portfolio. The East Valley … (6 comments)
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arizona real estate: Warner Ranch year-to-date statistics - 05/17/07 11:20 PM
Warner Ranch year-to-date statisticsby Kaushik Sirkar, Chandler REALTOR®Chandler Arizona Real Estate
Warner Ranch is a lovely subdivision that sits on the Chandler/Tempe border. Known for its excellent location and property value retention, homes in this subdivision range in size from just over 1000 sq ft to upwards of 3500 sq ft. Enclosed … (3 comments)
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arizona real estate: Phoenix metro home prices down 2.2% year over year. - 05/17/07 11:13 PM
Phoenix metro home prices down 2.2% year over year.by Kaushik Sirkar, Chandler REALTOR®Chandler Arizona Real Estate
As posted in today's Arizona Republic, metropolitan Phoenix saw home prices decline 2.2% from Q1 06' to Q1 07' (268,300 to 262,500). All told, 62 metro areas across the country saw home price decreases during this … (3 comments)
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arizona real estate: Do Realtors use other Realtors to sell their homes? - 05/16/07 10:01 PM
Do Realtors use other Realtors to sell their homes?by Kaushik Sirkar, Chandler REALTOR®Chandler Arizona Real Estate
I remember way back when in Real Estate school that one of our lecturers suggested that if we ever had to sell our own him, get another Realtor to actually list the property and represent you. Mind … (19 comments)
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arizona real estate: Nice to meet you Shailesh! - 05/16/07 01:42 AM
Nice to meet you Shailesh!by Kaushik Sirkar, Chandler REALTOR®Chandler AZ Real Estate
This past friday, I had the pleasure of meeting Shailesh Ghimire over a cup of coffee. OK, he had the coffee, and I had some water as I'm not a coffee drinker. Now, Shailesh wasn't the first AR member I … (8 comments)
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arizona real estate: Opinion on Real Estate Teams? - 05/14/07 11:21 PM
Opinion on Real Estate Teams?by Kaushik Sirkar, Chandler REALTOR®Chandler AZ Real Estate
Teamwork is prevalant everywhere you look in American society. The major sports are team sports. Teamwork is emphasized in college education. Teamwork is a major topic of questioning when interviewing for a major corporation. Teamwork, is of course, also present … (10 comments)
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arizona real estate: Thinking outside the box - turn your home into a HOTEL! - 05/14/07 07:09 PM
Thinking outside the box - turn your home into a HOTEL!by Kaushik Sirkar, Chandler REALTOR®Chandler AZ Real Estate
Its a buyer's market. A strong buyer's market. Its tough on sellers and even harder on sellers whose homes are on the 'outskirts'. Some homes don't even get viewed. Some can't even be rented. … (12 comments)
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arizona real estate: Latest Maricopa Market Statistics - 05/13/07 05:14 PM
Latest Maricopa Market Statisticsby Kaushik Sirkar, Chandler REALTOR®Chandler AZ Real Estate
Please find enclosed the latest market statistics for Maricopa (town, not county). Data is for the last 30 days and is provided by ARMLS.
Thanks for Reading :)
Kaushik Sirkar, Chandler Realtor®http://www.homesphx.com
… (0 comments)
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arizona real estate: Latest Ahwatukee Market Statistics - 05/11/07 02:53 AM
Latest Ahwatukee Market Statisticsby Kaushik Sirkar, Chandler REALTOR®Chandler AZ Real Estate
Please find enclosed, per ARMLS, statistics for Ahwatukee during the last 30 days.
Thanks for Reading :)
Kaushik Sirkar, Chandler Realtor®http://www.homesphx.com
… (0 comments)
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arizona real estate: A simple way to become a Real Estate Investor! - 05/11/07 02:46 AM
A simple way to become a Real Estate Investor!by Kaushik Sirkar, Chandler REALTOR®Chandler AZ Real Estate
Real Estate Investing. I suppose, theoretically, everybody would like to be a Real Estate Investor. Why? This is a path that is believed to result in fame and fortune! (OK, at least fortune!)
Who is a … (8 comments)
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arizona real estate: There are times to pressure your Client.... - 05/09/07 11:22 PM
There are times to pressure your Client....by Kaushik Sirkar, Chandler REALTOR®Chandler AZ Real Estate
I am not a salesperson. I am not pushy. I have been pretty clear that I do not 'sell' my clients a home (for those purchasing, anyway). I bring excellent customer service and thorough product knowledge to the … (15 comments)
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arizona real estate: Arizona - one heck of a future! - 05/09/07 03:12 AM
Arizona - one heck of a future!by Kaushik Sirkar, Chandler REALTOR®Chandler AZ Real Estate
Yes, there is currently a Real Estate slump in AZ. Bust, slowdown, slump, correction - use whatever terminology you would like to - things sure aren't hopping like they were in 04' through a good portion of 05'. … (3 comments)
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arizona real estate: Seville Golf and Country Club - 05/07/07 03:03 AM
Seville Golf and Country Clubby Kaushik Sirkar, Chandler REALTOR®Chandler AZ Real Estate
Looking for a home? Interested in a subdivision built around a GORGEOUS golf and country club? Want to live in the East Valley? Look no farther than the Seville Golf and Country Club, located in Gilbert, AZ 85297. Seville is … (2 comments)
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arizona real estate: Latest Tempe Market Statistics - 05/04/07 07:36 PM
Latest Tempe Market Statisticsby Kaushik Sirkar, Chandler REALTOR®Chandler AZ Real Estate
Please find enclosed market statistics for Tempe for the last 30 days. Data provided by ARMLS. Should you require any further information, please don't hesitate to contact me!
Thanks for Reading :)
Kaushik Sirkar, Chandler Realtor®http://www.homesphx.com
… (0 comments)
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arizona real estate: 50,000 points. Who, me?? - 05/04/07 07:28 PM
50,000 points. Who, me??by Kaushik Sirkar, Chandler REALTOR®Chandler AZ Real Estate
Gosh darn it. I'm going to toot my own horn. Guess what folks, I'm about to hit 50,000 points! I suspect the grand event will occur soon after I put up this post as I'm currently at 49,785 points. Is 50,000 … (32 comments)
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arizona real estate: Are you HONEST about Open Houses? - 05/04/07 05:11 PM
Are you HONEST about Open Houses?by Kaushik Sirkar, Chandler REALTOR®Chandler AZ Real Estate
Open houses and real estate are practically synonymous. Back in the stone ages, I'm sure there was a loin-cloth wearing agent standing in front of a stone/straw hut trying to get the other neanderthals to offer 1 goat and … (16 comments)
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arizona real estate: Big drop in speculation - tell me something I didn't know! - 05/03/07 09:43 PM
Big drop in speculation - tell me something I didn't know!by Kaushik Sirkar, Chandler REALTOR®Chandler AZ Real Estate
Many parts of the country recently experienced a big real estate boom. Now those parts of the country are likely somewhere between a real estate 'flat' and a semi-bust. What drove the boom? Investors … (4 comments)
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arizona real estate: Latest Gilbert Market Statistics - 05/03/07 09:29 PM
Latest Gilbert Market Statisticsby Kaushik Sirkar, Chandler REALTOR®Chandler AZ Real Estate
Yes I'm based in Chandler. But I don't work only in Chandler :) I serve my clients in many of the East Valley cities and Gilbert is no exception! Per ARMLS, please find enclosed the last 30 days worth of data … (0 comments)
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arizona real estate: New Project in Pinal County - 05/03/07 01:19 AM
New Project in Pinal Countyby Kaushik Sirkar, Chandler REALTOR®Chandler AZ Real Estate
Yup, there is a housing slowdown in the greater Phoenix area. Home inventory is at an alltime high at around 52,000. But the builders smell something....they smell continued job growth and long term potential in the Valley. The East Valley … (1 comments)
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arizona real estate: Arizonans - meet Californians - 05/02/07 02:03 AM
Arizonans - meet Californiansby Kaushik Sirkar, Chandler REALTOR®Chandler AZ Real Estate
Go west young man. Used to be a common theme many years ago. Still happens in many cases. But as California has grown and grown and grown.....I guess it was inevitable that sometimes people would depart from California to other states. … (3 comments)
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arizona real estate: Put me in touch with the listing agent.... - 04/29/07 05:44 PM
Put me in touch with the listing agent....by Kaushik Sirkar, Chandler REALTOR®Chandler AZ Real Estate
Here's an interesting scenario. I get a call asking me about one of my listings. But - its not my listing! Its another agent's listing who also works for my firm. I request the caller send me … (16 comments)
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arizona real estate: Mortgage Insurance - a good thing? - 04/25/07 09:14 PM
Mortgage Insurance - a good thing?by Kaushik Sirkar, Chandler REALTOR®Chandler AZ Real Estate
Most of us are aware of the recent legislation which changed the way the IRS views mortgage insurance. In 06', mortgage insurance became tax deductible. I saw a fairly big rush of lenders and Real Estate Agents make the … (7 comments)
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arizona real estate: A Realtor tour of duty!! Must Read!!! - 04/25/07 12:40 AM
A Realtor tour of duty!! Must Read!!!by Kaushik Sirkar, Chandler REALTOR®Chandler AZ Real Estate
The experiences that we real estate agents expeirence often runs the gauntlets. The highs, the lows. The thrills, and boredom. The very abnormal to the downright exhillerating. Well, I don't care what your experience was. The experience of … (5 comments)
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arizona real estate: Mixed-use project planned for Chandler - 04/25/07 12:27 AM
Mixed-use project planned for Chandlerby Kaushik Sirkar, Chandler REALTOR®Chandler AZ Real Estate
Progress continues in Chandler...this time it looks like plans to make the area around Chandler's airport into a major employment certer are underway with a proposed $150 million dollar project as reported in the East Valley Tribune.
The project, to be … (2 comments)
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arizona real estate: A reminder about pool safety.... - 04/19/07 04:07 PM
A reminder about pool safety....by Kaushik Sirkar, Chandler REALTOR®Chandler AZ Real Estate
Unfortunately, there has been a lot of bad news lately. Recently there were reports of toddlers drowning in pools in nearby Mesa. Another tragedy - this one very easily avoidable. Personally, I don't think families that have children under the … (2 comments)
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arizona real estate: Interest rates are pretty darn low! - 04/19/07 12:11 AM
Interest rates are pretty darn low!by Kaushik Sirkar, Chandler REALTOR®Chandler AZ Real Estate
Who am I to tell a prospective client, or anyone for that matter, when THEY should purchase a home. Thats a decision to be left to them. I just want to provide any information that I can to assist … (7 comments)
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arizona real estate: NEW builders in the Valley? - 04/16/07 11:52 PM
NEW builders in the Valley?by Kaushik Sirkar, Chandler REALTOR®Chandler AZ Real Estate
With record inventories in the Phoenix metropolitan area and slower sales throughout many parts of the country we see reports of builder earnings and profitability suffering. Large number of spec homes sit unsold gnawing away at the bottom-line of builders … (7 comments)
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arizona real estate: Real Estate Transfer Tax - Phoooey! - 04/10/07 12:18 AM
Real Estate Transfer Tax - Phoooey!by Kaushik Sirkar, Chandler REALTOR®Chandler AZ Real Estate
When I talk with a home seller I tell them approximately what it will cost for them to sell a home using my services. I tell them flat out that it'll cost them about 8% of the selling price … (20 comments)
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arizona real estate: Record Home Inventories in Arizona.... - 04/09/07 02:16 PM
Record Home Inventories in Arizona....by Kaushik Sirkar, Chandler REALTOR®Chandler AZ Real Estate
For those who are/were unaware, the inventory of homes for sale in Arizona really began to spike up around late spring of 06', suddenly shooting up to more than 40,000 homes for sale. We have remained well above 40k in … (7 comments)
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arizona real estate: New Business Park in Chandler - 04/09/07 02:07 AM
New Business Park in Chandlerby Kaushik Sirkar, Chandler REALTOR®Chandler AZ Real Estate
Chandler continues to grow and expand. I had previously blogged about a date in the future when there will be no more large subdivisions put in Chandler. Something similar is bound to occur, though likely at a later date, with … (2 comments)
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arizona real estate: Did you register your client at the new home subdivision? - 04/06/07 02:43 AM
Did you register your client at the new home subdivision?by Kaushik Sirkar, Chandler REALTOR®Chandler AZ Real Estate
Real Estate Agents show clients model homes. Real Estate Agents show clients resale homes. Real Estate Agents show clients resale homes. Sometimes the client purchases new, sometimes the client purchases resale. To me, it doesn't … (12 comments)
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arizona real estate: Another sign the market bottomed out in Q4 06' - 04/04/07 10:48 PM
Another sign the market bottomed out in Q4 06'by Kaushik Sirkar, Chandler REALTOR®Chandler AZ Real Estate
Various folks in Arizona have been saying that our local market 'bottomed out' around October/November of last year. Various folks suggested increased activity starting around December and recent local statistics are just starting to indicate that … (9 comments)
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arizona real estate: The sign says 'We Buy Homes' - be very careful.... - 04/02/07 11:45 PM
The sign says 'We Buy Homes' - be very careful....by Kaushik Sirkar, Chandler REALTOR®Chandler AZ Real Estate
We all know about the subprime meltdown. We know about the increase in forclosures. As more and more people get into trouble with their homes there will be more and more predators out there looking … (40 comments)
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arizona real estate: Using the Builder's Lender? Pay attention.... - 04/01/07 06:37 PM
Using the Builder's Lender? Pay attention....by Kaushik Sirkar, Chandler REALTOR®Chandler AZ Real Estate
People buy new homes all the time. They get mortgages on these homes all the time and typically (often incentive-based) they use the builder's preferred lender. This is commonplace. Its also somewhat different than when purchasing resale homes. When … (9 comments)
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arizona real estate: Try these instead of Foreclosure - 03/29/07 01:56 AM
Try these instead of Foreclosureby Kaushik Sirkar, Chandler REALTOR®Chandler AZ Real Estate
Foreclosure. What an ugly word. Various thoughts come to mind when thinking of foreclosure. Losing your home and ruining your credit are two of them. Well, just because you lose your job or have a short term crisis does not … (8 comments)
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arizona real estate: Blame the regulators for the subprime fiasco? Don't forget about us too.... - 03/26/07 10:36 PM
Blame the regulators for the subprime fiasco? Don't forget about us too....by Kaushik Sirkar, Chandler REALTOR®Chandler AZ Real Estate
By now most of us who have been paying any attention to recent news in our industry are well aware of the many issues associated with subprime lenders, the collapse of some of … (6 comments)
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arizona real estate: Carino Estates - its a Charmer! - 03/23/07 12:25 AM
Carino Estates - its a Charmer!by Kaushik Sirkar, Chandler REALTOR®Chandler AZ Real Estate
Interested in a gorgeous, centrally located and pristine subdivision to call home? Look no farther than CHARMING Carino Estates!! It has excellent highway access being located just minutes from both the loops 101 and 202. Shopping? Just around the corner. Need a … (7 comments)
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arizona real estate: Fastest growing county in the nation - I'm sitting in it! - 03/22/07 02:01 AM
Fastest growing county in the nation - I'm sitting in it!by Kaushik Sirkar, Chandler REALTOR®Chandler AZ Real Estate
Ever heard of Maricopa County? This happens to be the county where Phoenix is located. And numerous suburbs, including Tempe, Chandler, Gilbert, Glendale and Peoria to name a few. It is also the fastest … (6 comments)
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arizona real estate: Come home to Arden Park! - 03/14/07 12:44 AM
Come home to Arden Park!by Kaushik Sirkar, Chandler REALTOR®Chandler AZ Real Estate
Arden Park is a gorgeous subdivision located within the 85248 zip code in Chandler, AZ. Its location is unparalleled bound by Arizona Ave to the east and Alma School Rd to the west. Access to the new Loop 202 is … (2 comments)
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arizona real estate: 0 down loans going the way of the woolly mammoth? - 03/12/07 11:44 PM
0 down loans going the way of the woolly mammoth?
by Kaushik Sirkar, Chandler REALTOR®
Chandler AZ Real Estate
There has been lots of news recently with regards to the troubles being faced by subprime lenders. What has caused these lenders to fall into the lending doldrums? I suppose its a combination of factors. Yes, they … (22 comments)
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arizona real estate: Tips for the 1st time homebuyer - 03/08/07 09:20 PM
Tips for the 1st time homebuyerby Kaushik Sirkar, Chandler REALTOR®Chandler AZ Real Estate
A good percentage of my clients are 1st time homebuyers. 1st time purchasers of a home are different than folks who have purchased/sold multiple homes. Much like many other activities, experience builds a certain level of confidence when it … (8 comments)
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arizona real estate: How about a WORLD view on Real Estate? - 03/07/07 11:07 PM
How about a WORLD view on Real Estate?by Kaushik Sirkar, Chandler REALTOR®Chandler AZ Real Estate
Real estate makes up a big part of the lives all Real Estate Professionals in this country. When it comes time to buy/sell a home - it impacts non-professionals very significantly as well. With our country, we … (10 comments)
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arizona real estate: What is the reputation of your New Home Builder? - 03/06/07 12:22 AM
What is the reputation of your New Home Builder?by Kaushik Sirkar, Chandler REALTOR®Chandler AZ Real Estate
Purchasing a new home, whether it be a spec home or you designed it from the ground up, can be one heck of an experience. There are the joys and highs associated with watching the construction, … (4 comments)
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arizona real estate: What is the current day impact of power lines? - 03/05/07 12:25 AM
What is the current day impact of power lines?by Kaushik Sirkar, Chandler REALTOR®Chandler AZ Real Estate
I just had a detailed discussion with one of my clients who has signed a contract to purchase a spec home. There are some power lines present behind the home and the 100 ft easement just … (8 comments)
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arizona real estate: AZ Mortgage Fraud - Epidemic? - 03/04/07 11:57 AM
AZ Mortgage Fraud - Epidemic?by Kaushik Sirkar, Chandler REALTOR®Chandler AZ Real Estate
I guess there are a few distinct categories that my blog posts fall into. In no particular order, I discuss Real Estate Investing. I discuss Chandler/East Valley/Phoenix related topics. I also talk about various 'negative' issues in Real Estate including … (6 comments)
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arizona real estate: Fulton Ranch - WOW! - 03/01/07 01:41 AM
Fulton Ranch - WOW!by Kaushik Sirkar, Chandler REALTOR®Chandler AZ Real Estate
Fulton Homes is a well respected builder in the Phoenix metropolitan area. As a matter of fact, in a recent JD Power survey, they were ranked 10th in the Valley. Chandler has been abuzz for sometime now over Fulton Ranch - … (4 comments)
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arizona real estate: A RANT - the lender couldn't make COE!!! - 02/28/07 08:24 PM
A RANT - the lender couldn't make COE!!!by Kaushik Sirkar, Chandler REALTOR®Chandler AZ Real Estate
Who me? Post a rant on AR? Never. I'll keep my complaints to myself. Well, maybe once in a while. OK, how about today. What's the most important day in a residential real estate transaction? Though I … (31 comments)
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arizona real estate: Update on some Tycoons..... - 02/26/07 11:03 PM
Update on some Tycoons.....by Kaushik Sirkar, Chandler REALTOR®Chandler AZ Real Estate
I got my 'start' in this business as a Real Estate Investor. When I moved out of my first home I decided to keep it is an investment property. As is discussed in my profile, I then went on to buy … (5 comments)
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arizona real estate: Reminder: Real Estate really is LOCAL..... - 02/26/07 01:06 AM
Reminder: Real Estate really is LOCAL.....by Kaushik Sirkar, Chandler REALTOR®Chandler AZ Real Estate
We see articles all the time about the state of the real estate market. National median resale price down X %. Builder starts down from X.6 million to X.2 million. Rents rising nationwide. Slow market. Fast market. Houses selling … (10 comments)
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arizona real estate: Does your credit SPARKLE? Its getting more and more important.... - 02/23/07 05:40 PM
Does your credit SPARKLE? Its getting more and more important....by Kaushik Sirkar, Chandler REALTOR®Chandler AZ Real Estate
If you didn't already know, your credit score is VERY IMPORTANT when it comes time to obtain financing (auto loans, mortgages, etc). Many factors influence your credit score. You payment history, the amount of debt … (4 comments)
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arizona real estate: These Scam Artists were BUSTED! - 02/21/07 10:31 PM
These Scam Artists were BUSTED!by Kaushik Sirkar, Chandler REALTOR®Chandler AZ Real Estate
There are way too many stories of SCAMS these days. Mortgage fraud. Unlicensed agents selling Real Estate. I could go on. It really irks me to read these stories and it seems that over-and-over again - the CROOKS keep getting … (9 comments)
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arizona real estate: Is the Market Starting to Turn Yet? - 02/20/07 03:29 PM
Is the Market Starting to Turn Yet?by Kaushik Sirkar, Chandler REALTOR®Chandler AZ Real Estate
This article from Inman suggests that builder confidence is currently at its highest level since June of '06 (nationwide) with particularly large increases in buyer demand occurring in the Northeast and the South. Per their 'rating' system, builders do … (11 comments)
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arizona real estate: Licensing the Lender - What a Novel Idea!! - 02/12/07 08:59 PM
Licensing the Lender - What a Novel Idea!!by Kaushik Sirkar, Chandler REALTOR®Chandler AZ Real Estate
To practice real estate, an agent or Realtor must have a license. Obviously just having a license isn't enough to 'make a good agent'. It is only the absolute bare minimum. Various blogs and discussions have focused on increasing … (10 comments)
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arizona real estate: Downtown Chandler to Receive a Facelift? - 02/11/07 03:43 PM
Downtown Chandler to Receive a Facelift?by Kaushik Sirkar, Chandler REALTOR®Chandler AZ Real Estate
See this article in the Arizona Republic. Some very ambitious plans are in the works to give downtown Chandler a complete makeover. We are talking about parking garages, additional hotel rooms, a conference center, townhomes, apartments and even a … (2 comments)
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arizona real estate: Before you say 'Investment Property' - can you spell GRM? How about CAP rate? - 02/11/07 02:10 AM
Before you say 'Investment Property' - can you spell GRM? How about CAP rate?by Kaushik Sirkar, Chandler REALTOR®Chandler AZ Real Estate
Whenever people make investments they have various methodologies by which they measure the result. Different types of investments have different terminology. Terms such as yield and rate of return are common with stocks, bonds … (9 comments)
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arizona real estate: We have a new neighbor! - 02/09/07 01:46 PM
Look at our new neighbor - happens to be a famous NFL QB! I'm curious as to why an Arizona Cardinal would live in Chandler - quite the commute to the stadium in Glendale. Maybe this would be his offseason home with another located closer to the stadium??
http://www.azcentral.com/business/articles/0209biz-talker0209.html
I wonder what other … (6 comments)
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arizona real estate: Less Realtors in the Near Future....ABOUT TIME! - 02/07/07 10:43 PM
Read this article in the online edition of the Arizona Republic. The NAR is predicting that the # of Realtors is expected to drop from ~ 6-8 % in the next year. First, I'd like to comment that its great that some Realtors are leaving the game. There are TOO MANY in … (14 comments)
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arizona real estate: I want a beautiful home, in a SAFE neighborhood with GOOD schools.... - 02/06/07 10:25 PM
I have had multiple discussions recently with prospective clients. They want what I would like to think many of us want (see the title of the post). I certainly agree with the title of my post. I, personally, would want to live in a beautiful home. I would want it to … (4 comments)
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arizona real estate: Want a NEW house in Chandler? HURRY, you only have until about 2012! - 02/01/07 12:03 AM
I had heard about this before; this being a reference to when Chandler would be built out. Well, apparently its going to happen around 2012.
http://www.azcentral.com/business/articles/0131biz-housing0131.html
What exactly does this mean? Well, read the article. Reference is made to Tempe and how its central location (no new construction there) resulted in the highest … (10 comments)
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arizona real estate: What's up with the Six-Pack ? - 01/29/07 11:26 PM
I am not talking about toned abs. I am not talking about light beer. Maybe I wish I was....
Rather - I'm talking about homes arranged in a 'Six-Pack' configuration. Six homes, 2X3 layout, the large majority of which are 2-story. Front doors face each other and have common walkways. Two car … (8 comments)
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arizona real estate: So you want to be a Real Estate Investor? - 01/24/07 03:27 PM
First and foremost - congratulations. I believe the statistics dictate that somewhere on the order of 90% of America's millionaires made their money through real estate. The benefits of owning investment property are obvious. Pay down principal while someone else ‘pays your mortgage'. Reduce your tax burden through depreciation of your … (28 comments)
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