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October 2013

Found 30 blog entries for October 2013.

It’s a problem that many were faced with during the Phoenix real estate crash.  Did you have to deal with a short sale or foreclosure in the last few years?  Are you ready to get back into a home?  If so, Lisa the Lender has a great option for you:

 

 

Remember there are some important requirements for this program such as:

-Showing credit deficiencies resulted from a loss of employment/loss of household income.

-A loss of employment and/or income of 20% or more for six months or longer.

-Demonstrating a full recovery from the financial hardship and complete a mandatory housing counseling program.

-A restoration of good credit for 12-plus months after the short sale or foreclosure.

Click here to see if you can qualify for

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Come see how the living is easy in the north west part of the metro phoenix area.   If you're looking to buy a home in Sun City West, we've got the perfect place for you.

 

sun city west arizona home for sale

 

This is a great two bedroom, two bathroom home with no stairs and easy breezy maintenance.  The recreation center is only a short golf cart away to take you to wonderful friends you haven't met yet.

Walk in the door and you can tell this home has been well taken care of and loved.

New refrigerator with warranty included. 

Golf cart and furniture available on separate bill of sale.

View more pictures of this wonderful home for sale in Sun City West, Arizona.

With sunshine all year long, you'll love living in Sun City West, Arizona.  Considered one of

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From balanced to buyers'.... The Phoenix real estate market continues to evolve.

According the Phoenix real estate research website, The Cromford Report, Phoenix officially became a balanced market on Sunday, October 28th.  According to the Cromford Reports’ figures, Phoenix currently has 4 ½ months of housing supply, ticking inside of the  range outline by ASU’s Michael Orr last Saturday on That Real Estate Show.   The last time Phoenix’s housing inventory had over 4.4 months of supply was November of 2011.  The reason for the increase lies in the increasing amount of housing inventory for several Valley cities and price ranges.  The Cromford Report estimates that Phoenix, Peoria and Mesa have all entered into the “balanced zone,” and Scottsdale,

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More good news for those looking to get into a home in Phoenix!

There’s been quite a few stories about a return to normalcy in the Phoenix real estate market.  Normalcy, as defined by some real estate experts, is a “balanced market.”  But what is a balanced market and how can it be determined?

The general concept is pretty easy to follow:  It’s a relatively equal amount of available homes for sale, and buyers interested in purchasing.  Quantifying a balanced market is the tricky part, and national experts believe that a balanced market is if housing inventory reaches 6 or 7 months’ supply.  That means if no housing inventory is added to the marketplace, it would take 6 to 7 months to sell all of the homes that are currently available.  Nationally,

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That Real Estate Show has all the latest news on information on the Phoenix real estate market.

Here's what you missed on That Real Estate Show for Saturday, October 26th:

Special Guest Host – Longtime Valley broadcaster Bruce Kelly joined That Real Estate Show this weekend!

That Market Report – A balanced real estate market in Phoenix?  Are buyers starting to get an advantage?  Michael Orr has all the answers in That Market Report.

Back to Work – Lisa the Lender talks about the lending program that is making many people happy.  Especially those who may be looking to get back into a home after a short sale or foreclosure. 

Community Events – Lots of fun activities are available in Phoenix for Halloween.  That Real Estate Show Community

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Well...Accordng to Arizona Foothills Magazine anyway.  They picked a few places in the Phoenix area real estate market to shine their spotlight on.

homes for sale in phoenix arizona

 

Here they are and why.  The word they all have in common.  LUXURY

Encanterra Country Club and Trilogy at Encanterra - They love this adult community in the Southeast Valley. Can't beat the views fo the San Tan and Superstition Mountains

Vistancia - At the opposite end of the Valley, in Peoria, Vistancia has welcomed three new homebuilders to build the next phase. 

The magazine also named luxury rentals as the best places to live.

Alliance Residential Company nearing completion of Broadstone Camelback in the Biltmore area.  Two additional communties, Broadstone Lincoln and Broadstone

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We're so excited and it's not the great news about the Phoenix real estate market either.

Valley radio legend Bruce Kelly is joining That Real Estate Show this Saturday, October 26, 2013 at 3pm on 92.3 FM KTAR.

We know...now you're excited too. 

Kelly is a Valley radio icon that broadcast on the Phoenix airwaves from 1985 through 1999 on KZZP, Y-95 and KKFR.

He's not just a local success, he was a number one rated talent in Miami, Washington, Virginia, Pittsurgh and Washington.  He also been named Contemporary Hit radio personality of the year for 1990,1992, 1993.

I know what you're thinking.  What IS he doing with us?

But before anyone could ask him that, we slapped some headphones on him and put a microphone in front of his face and

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Do you know what your home is worth?

Phoenix real estate typically heats up when the temperatures cool down.   Now is a great time to check in on your home’s value and find out where you stand in the current marketplace.  You might be suprised....

Here's a video with a few good reasons why checking in on your home's value is so important:

 

 

Checking in your home’s value should be just as important as checking in on your other big investments.  Click here for a Free Home Evaulation from That Real Estate Show. 

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If you're serious about selling your home, here's the best advice we can give you.......don't wait.

tips to sell your phoenix area home

 

Here's why.

The school of thought for many when it comes to putting your home on the market is to wait until January.

Well, here's the bad news.

You'll be putting your home on the market along with everyone else in the Phoenix area.

Director of the Real Estate Center at the W.P. Carey School of Business at Arizona State University, Michael Orr says January is a favorite time for listings to come on the market.

Orr says "if it was me, I wouldn't wait.  Orr adds that he wouldn't wait until January. " I'm going to have less competition in Novmeber thatn January and it gives me a chance to pick up a buyer I may have missed if I waited

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How will the Phoenix real estate market be affected by recent national trends?

Alright, we’ll start with the bad news:  National home sales dipped slightly in September according to The National Association of Realtors (or NAR).  The slight dip was only 1.9% off of August’s pace, but still enough to cool off what had been a very hot summer real estate market.  And that’s the good news.  Despite the small decline, September sales were still up 10.7% year to year according to NAR. 

The reason for the regression might be due the ascension of interest rates, which coupled with rising home prices may have deterred potential homebuyers.  There has also been speculation about the government shutdown’s contribution to the slowdown.  Still, the overall

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