gilbert az real estate: Where did all the sellers go? - 02/10/20 03:47 PM

Superbowl Sunday has traditionally been the start to the real estate "Spring" selling season, but this year here locally, in Gilbert, we've seen an early kick off with buyers trying to lock in a home. What is missing from this traditional equation is the home listing inventory for buyers to choose from.
 
In my previous blog post in January regarding the Gilbert real estate market I reported 330 active homes for sale which was down from 423 in January 2019. As of writing this, Gilbert has only 288 homes available for sale.
 
As the Christmas and New Years celebrations become a fading memory we … (6 comments)

gilbert az real estate: The Gilbert, AZ January 2020 Market Update and 2019 in Review. - 01/03/20 10:47 AM

As 2019 is now in our rear view mirror, we look into our crystal ball to speculate what the Gilbert AZ market has install for 2020. Gilbert has had strong annual sales for several years now and comparing 2018 to 2019 we saw the average sales price rise from $356,674 to $380,260, a 6.61% annual increase.  A total of 5,560 Gilbert homes sold in 2019, up slightly from 5,445 in 2018.
With our low inventory of homes available for sale and high demand in the Gilbert market, I anticipate a price increase repeat of 2019 to be the case at the end … (3 comments)

gilbert az real estate: Short Sales for Gilbert AZ Home Owners - An Option to Avoiding Foreclosure. - 12/28/09 07:14 AM
There is an alternative to foreclosure if you own a home in Gilbert AZ and a Short Sale may be the answer for preventing a foreclosure from appearing on your credit score.
As 2009 draws to an end, there have been over 1700 homes in Gilbert that have been re-sold by the banks as Foreclosures in Gilbert AZ, with over 190 actively available for sale right now. Factor in the homes currently under contract and those that have been foreclosed on but are not listed for sale yet and you have well over 2000 Gilbert housholds that have lost their homes … (0 comments)

gilbert az real estate: Why Rent? Great Home - Low Down Payment - 12/23/09 01:14 PM
(0 comments)

gilbert az real estate: Conveniently Located In The Center of Everything - 12/23/09 01:09 PM
(0 comments)

gilbert az real estate: Just Listed for Sale a Great Single Level Starter Home in Mirador Estates - Gilbert AZ under $140,000 - 09/28/09 05:25 AM
Great single level starter home
Type: Single Family Home
Location: 1018 E Arabian Dr, Gilert, AZ 85296
Bedrooms: 3, Bathrooms: 2 full, 0 half, 0 three-quarter bath
Price: $129,000
Description: Clean and comfortable single level home in Mirador Estates - Gilbert, near all the amenities you will need. This home features a split floor plan with fresh neutral custom paint, tile and carpeting throughout. The living room and dining room are open and spacious with an open walkway to the kitchen. The master bedroom has an en-suite master bathroom with a good sized walk in closet. In the garage there is … (0 comments)

gilbert az real estate: Strategies for Short Sale Properties in Gilbert, Chandler and Queen Creek AZ - Part 6 - Condition is Important - 08/26/09 08:13 AM
When selling you home as a short sale... YES condition IS important.  Part 6Here we are at 6 of this 7 part series…I want to stay on the aspect of getting the buyers offer we need to begin dealing with the banks--- with short sales there are many challenges and hurdles to deal with – that being – getting the financial and personal information gathered for the short sale package – however there is the middle part that is sometimes overlooked that is also equally important in it’s own right – which is getting the buyers offer – once we have … (0 comments)

gilbert az real estate: Strategies for Short Sale Properties in Gilbert, Chandler and Queen Creek AZ - Part 5 - A Picture Paints A Thousand Words - 08/26/09 07:56 AM
Always have your agent take multiple pictures when short selling your home in Gilbert, Chandler or Queen Creek…part 5
In this post we discuss pictures and presenting the house in the best light possible.  We briefly touched on this in article 3, however I feel the need to delve into the topic deeper.I’ve heard a picture paints a thousand words.  People need pictures to decide if a home is worth viewing.  When potential buyers are surfing the Internet for homes that is the number one thing they look at.  Remember most home buyers make a decision on whether to consider a … (0 comments)

gilbert az real estate: Strategies for Short Sale Properties in Gilbert, Chandler and Queen Creek AZ - Part 4 - The Buyers Point of View - 08/20/09 03:30 PM
Strategies for Short Sales Properties in Gilbert, Chandler and Queen Creek AZ - Part 4. In part 4 of this article we take a look at things from the buyers point of view as well.  There are many, homes on the market for buyers to view and in the 100 degree plus heat of the Arizona summer, if a home has no electric on and therefor no air conditioning, viewing these homes is hot work.
Its a fact of life that people will sometimes take the path of least resistance.  If it is difficult to show a home or a seller … (0 comments)

gilbert az real estate: Strategies for Short Sale Properties in Gilbert, Chandler and Queen Creek AZ - Part 3 - 08/18/09 04:25 PM
Strategies for Short Sale Properties in Gilbert, Chandler and Queen Creek AZ.  In part 3 of this series of common mistakes of short sellers – I want to talk about the marketing plan needed to sell a short sale home. 
Just because you are upside down on your home does not mean that an inferior marketing strategy should be used... should it?
Some believe pricing alone will sell a home when listed as a short sale, and this is the foundation of their marketing plan.  Many times it's the only thing done and nothing can be further from the truth.  … (1 comments)

gilbert az real estate: Strategies for Short Sales Properties in Gilbert, Chandler and Queen Creek AZ - Part 2 - 08/16/09 09:27 AM
Strategies for Short Sale Properties in Gilbert, Chandler and Queen Creek AZ in part 2 we will examine what a seller should be looking for in an agent when looking to sell their via short sale…a few questions that a seller will want to ask and what they should expect from their agent. Sellers should ask their Realtor to first and foremost to explain what a short sale is. Many people have the basic idea of what a short sale is, however there is a lot of misconception about the process. The more a seller understands about the ins and outs … (0 comments)

gilbert az real estate: Pricing Strategies for Short Sale Properties in Gilbert, Chandler and Queen Creek AZ - Part 1 - 08/14/09 04:58 PM
The Short Sale and Foreclosure market in Gilbert, Chandler & Queen Creek AZ is on fire right now. To sell a short sale one must have a good pricing strategy.  It can’t be too high, can’t be to low it needs to be just right.  Short sale properties should be attractive to potential buyers to procure showings and ultimately a purchase offer from a buyer.  However it needs to be pleasing to the lender(s) that ultimately make the decision to approve the file.  Upon an offer acceptable to lender(s) and the agreement notice sent out per the short sale addendum, then … (0 comments)

gilbert az real estate: Market Update for Power Ranch in Gilbert, Arizona - 07/28/09 01:17 AM
Power Ranch in Gilbert, Arizona: As of today -- has 54 homes actively on the market for sale. Of those 56 homes: 25 are offered as a short sale & 6 are offered for sale by a bank -- These list prices range from $139,000 to $799,000.
There are 44 homes in the Power Ranch subdivision that are in a pending status -- on the way to becoming a property that has sold! Of those 44 pending homes -- 20 are short sale & 10 are bank owned. Pending list prices are starting at $109,900 and ending at $500,000.
Since April 28th of this … (0 comments)