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November 2013

Found 30 blog entries for November 2013.

Looking for something fun to do during the holidays?

It's That Real Estate Show’s Community Events Director, Diva Danielle Williams’ favorite time of the year!  Find out why Danielle thinks this is the best time of the year to live in the Valley:

 

IMPORTANT NOTE:  For those looking to donate items to the Save The Family Foundation, this is the drop-off address for the donation items: 

125 E University Dr.

Mesa, AZ 85201

For more great volunteer opportunities, as well as fun community events going on in Phoenix, listen to That Real Estate Show, every Saturday at 3pm on News-Talk 92.3 KTAR

 

 

 

 

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That Real Estate Show covers the Phoenix real estate market every Saturday at 3pm on News/Talk 92.3 KTAR

Here’s what’s coming up on That Real Estate Show for Saturday, November 30th, 2013:


Holiday Outlook - Michael Orr from ASU has That Market Report, including the latest projections for the market during the holiday season.

Save Some Money with Lisa the Lender! – Anyone who might be getting ready to buy a home in Phoenix will want to hear what Lisa the Lender has to say!!

Job Outlook –Kristena Hansen from The Phoenix Business Journal talks about the latest employment news in Phoenix. 

Great Time to Help out –That Real Estate Show’s Community Events Director, Danielle Williams, has some great suggestions for those looking to help

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So you're thinking about selling your Phoenix area home.  I get this question all the time.

What should I fix up and what should I leave alone? 

What do Phoenix area buyers want nowadays?

what phoenix area buyers want in a home they want


I'll tell you.  Well actually, let's borrow from the National Association of Realtors.  They profiled homebuyers and sellers.  They found out that buyers plan to live in their homes for the next ten years.  They want houses that offer the room, flexibility and comfort they anticipate they will need for a long time.  Over three out of four buyers chose a detached home, while attached homes like condos and townhomes were preferred by people who are single and have no kids.

Phoenix Area Buyers Today

The median sized existing home bought in 2010 was

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If you're buying or selling a home in Phoenix or a house or condo in Scottsdale or buying a property in any other Valley city, you're going to hear this word: Appraisal

what is an appraisal for your phoenix area home or condo

So let's just tell you what an appraisal is

An appraisal is a comprehensive look at a home's location, condition and eligibility for federal guarantees.

A bank appraisal is a professional determination of the value of a property.

For example, a home that doesn't meet safety requirements such as handrails on steps will not be eligible for FHA or VA loans until the handrail is installed or repaired. Appraisers use the same data in their market research to find comparable homes as Realtors do.  They are also members of the MLS, but they also have additional guidelines from the

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Phoenix real estate continues to rise in value.

Despite all the talk of balance or a real estate market that favors buyers, Phoenix homeowners got a bit of good news, as the latest Case-Shiller Index revealed another (albeit slight) increase in home prices.  According to the index, Phoenix home prices rose 1.2% from September to October.  That’s the third highest increase among major cities, trailing only Detroit (1.5%), Las Vegas (1.3%), and slightly ahead of Los Angeles (1.1%).

 

Year to year, Phoenix home prices are up 18.6%.  That’s a pretty significant number, yet much less than the robust annual increases in Las Vegas (29.1%), San Francisco (25.7%), and just behind Los Angeles (21.8%), and San Diego (20.9%).  Phoenix ranks 6th on

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Are Phoenix home buyers ready to go holiday shopping?

 

The holidays are typically a quiet time for the real estate industry.  After all, homeowners are busy preparing for Thanksgiving, Christmas, etc. and have little time to accommodate prospective buyers. And this year is no exception.

“I don’t think anything exciting is going to happen (to the Phoenix real estate market) before Christmas, and usually January is pretty quiet,” said Arizona State University Director of Real Estate Michael Orr on his weekly appearance on That Real Estate Show.  “So I think the next time we’ll have some good idea about where (the market) is headed will be towards the end of January.”

Orr expects a light holiday shopping menu for Phoenix homebuyers, which

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With the Phoenix real estate market in a balanced state, That Real Estate Show has the latest news and info to help you make the best possible decision on buying or selling a home. 

Here’s what you missed on That Real Estate Show:

Slow Holiday Season? – ASU’s Michael Orr That Market Report, including why Phoenix real estate might be in for a slow holiday shopping season.

Save Some Money! – For those interested in buying a home in Phoenix, Lisa the Lender is a wealth of great information aimed at saving you money. 

Phoenix Job Forecast – Mike Sunnucks from The Phoenix Business Journal’s has the latest job numbers.  Good news?

Advice for Sellers – Now that the Phoenix real estate market is balanced, anyone thinking of selling a home in

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If you see a Phoenix area property for sale or listed for a while on the Arizona Multiple Listing Service, that may not because there's something wrong with it.

A Valley real estate expert says you shouldn't really pay attention to "days on market."

Days on Market or DOM is a closely watched statistic by buyers and real estate agents.  Many feel that the longer the property is on the market, the deeper the discount you can ask for.

I've even heard people say if a property has been on the market 30 days, discount asking price by 5 or 10%, 60 days you can take an even deeper one.

Everyone has their theories or calculations about it.

First let's start off.

Here's where you can find it on the ARMLS plano or property sheet.  This is the

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Get the latest Phoenix real estate news on That Real Estate Show, every Saturday at 3pm.

Here’s what’s coming up on That Real Estate Show for Saturday, November 23rd, 2013:

Phoenix Remains Balanced - Michael Orr from ASU has That Market Report, and the latest on the balanced market situation in Phoenix.  How soon are we headed towards a buyer’s market?  

Lisa the Lender – Lisa the Lender has great lending programs for anyone considering whether to buy a home in Phoenix.

Jobs, Jobs, Jobs? – The Phoenix Business Journal’s Mike Sunnucks has the latest on the job situation in the Valley.

Get An Important Advantage – The Cromford Report’s Tina Tamboer has more on Phoenix’s balanced market situation, and how some sellers may gain an advantage.

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Looking to get involved in the Phoenix community?

Every Saturday at 3pm, That Real Estate Show’s Diva Danielle has great event suggestions for those new to Phoenix, or anyone looking for a fun night out.  Danielle also wants to help others get involved in the community, and has a volunteer opportunity every week to help those in need here in the Valley:

 

Don't miss out on more great vounteer opportunties, plus many more fun events going in Phoenix, Scottsdale, and more every Saturday at 3pm on That Real Estate Show!

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