Happy Halloween!
Some fun information for today... Frontdoor.com has information on six "haunted" houses that are currently on the market. If you know anyone who is looking for one, let me know!
http://www.frontdoor.com/buy/Surreal-Estate-6-Spooky-Homes-for-Sale/55343/p1/?nl=FD_v099_Scary
Saturday, October 31, 2009
Saturday, October 10, 2009
Valley Median Home Prices Rise
The median price of a Valley home has ticked up to $135,000 after falling to a 10-year low of about $120,000 six months ago.
The current median is half of what the record median high price for the market was in 2006, but it is heading in the right direction. Valley home prices started falling in mid-2007 but didn't plummet until late in the year when lenders placed thousands of foreclosure homes on the market all at once and began accepting low-ball offers.
The supply of foreclosure homes for sale in the Valley has also fallen, another good sign for the market. There currently are about 4,500 foreclosure homes listed for sale, compared with more than 20,000 in February.
The federal government's plan to push more lenders to restructure the mortgages of borrowers facing foreclosure could help ensure foreclosures don't soar again.
A full recovery isn't imminent, but the latest signs suggest the Valley's housing market is beginning to pull out of its nose dive.
The current median is half of what the record median high price for the market was in 2006, but it is heading in the right direction. Valley home prices started falling in mid-2007 but didn't plummet until late in the year when lenders placed thousands of foreclosure homes on the market all at once and began accepting low-ball offers.
The supply of foreclosure homes for sale in the Valley has also fallen, another good sign for the market. There currently are about 4,500 foreclosure homes listed for sale, compared with more than 20,000 in February.
The federal government's plan to push more lenders to restructure the mortgages of borrowers facing foreclosure could help ensure foreclosures don't soar again.
A full recovery isn't imminent, but the latest signs suggest the Valley's housing market is beginning to pull out of its nose dive.
Tuesday, October 6, 2009
New Home by Design Magazine
Did you receive your new issue? If you didn't and would like to be added to my mailing list, let me know!
Sunday, October 4, 2009
New Rentals Available
I have two new rental properties available.
10658 E Lobo Ave, Mesa 85209 
8707 S 49th, Laveen 85339
10658 E Lobo Ave, Mesa 85209Three bedrooms, plus den, plus loft
Formal dining room, great room
3.5 car garage
Heated pool & spa
Every upgrade you can imagine
2746 square feet
$1,850 per month
8707 S 49th, Laveen 85339Three bedrooms, formal living & dining room
2 car garage
New carpet, new paint throughout
1535 square feet
$950 per month- includes alarm system monitoring
Saturday, October 3, 2009
Time is Running Out!
Time is running out for the first time home buyer's tax credit of $8,000. In order to qualify you must close on your new home by November 30th!
Remember, this credit is available for anyone who hasn't owned a home in the past three years- not just "first timers".
Remember, this credit is available for anyone who hasn't owned a home in the past three years- not just "first timers".
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