Real Estate News
Stunning Model Rental in Aviano at Desert Ridge
January 10th, 2012 categories: Desert Ridge Homes, Featured Desert Ridge and Phoenix Real Estate, Real Estate News
Aviano at Desert Ridge rental home in North Phoenix Arizona.
I have just listed this stunning luxury model home in the prestigious community of Aviano at Desert Ridge.
This North Phoenix rental home priced at $2,900/month, comes with four bedrooms, two full baths, a powder room, a den, and three living areas (a living/dining room, a great room, and a loft). The kitchen boasts granite counters, stainless steel appliances, under mount sink, flush surface range, and ample upper and lower cabinets.
Other features of this home include but are not limited to upgraded tile flooring throughout lower level, wood flooring on upper level, a 3-car garage, outdoor synthetic grass, an outdoor Jenn-Air barbeque and beverage refrigerator, an outdoor fountain, an outdoor gas firepit, and an additional private outdoor courtyard with fireplace.
All this plus the amenities that Aviano at Desert Ridge has always been known for which include a clubhouse, state-of-the-art workout facility, heated pool and spa, parks, walking trails, and an array of social activities.
Do not miss this rare opportunity in Desert Ridge.
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Help Is Coming For Those Who Want To Refinance! Harp 2.0
November 5th, 2011 categories: Real Estate News
Like any other program that the government has rolled out, time will only tell if this will truly help homeowners, but it sounds good on the surface. The new Home Affordable Refinance Program (HARP) is expected to fully roll out on November, 15, 2011.
The original HARP program was largely unsuccessful because the majority of homeowners who needed the payment reduction could not qualify due to their home having too much negative equity. The “new” HARP program will not require an appraisal and negative equity is not supposed to be a deterrent anymore.
The new HARP program is also supposed to reduce the fees and in some cases “waive” all fees to refinance. This should allow more homeowners who could not afford to refinance to see some relief.
One requirement will be that the homeowner must have be on time with their payments for the last 6 months. You can watch video of U.S. Department of Housing and Urban Development Secretary, Shaun Donovan explain all the changes here, http://goo.gl/ZsbQG.
If you need a referral for a lender who can see if you qualify for this program, call me at 480-201-4185 or send me an email at kanderson2121@gmail.com.
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Very Low Inventory in Villages At Aviano
September 2nd, 2011 categories: Desert Ridge Homes, Real Estate News, Short Sales
I just put my Amici listing under contract today. It was a traditional sale and the lowest active listing in Villages At Aviano. Now that it is pending, the lowest active listing in Villages at Aviano is a Fiore at $220,000 – traditional sale with tenant in place.
This is a great sign as we head into peak season. This development is very popular among winter visitors. Perhaps we have solidified somewhat of a “bottom” in this community. Clearly it is a huge value at these prices considering the upgrades, amenities and the fact that it is gated.
If you are a seller, this is a good time to sell – of course understanding if you bought new you paid more than today’s values. If you want to sell but feel you cannot due to the mortgage balance you have, then perhaps you would like to consider a short sale on your property. I have successfully closed 75+ short sales and with the current demand for properties, now would be a great time.
If you are a buyer, I have to advise to get off the fence if you have been there. Trying to time the very bottom is very difficult, however the combination of value and interest rates now makes for a hard argument to buy now. Prices could even go up as the winter months come and demand increases more. Toll Brothers consistently sells much higher than the resale market so their is market for higher prices.
Call me if you would like to discuss your situation – happy to share with information about the process and help you determine if it would be right for you.
Have a happy and safe Labor Day Weekend!
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New Rental Listing in Aviano at Desert Ridge
December 15th, 2010 categories: Desert Ridge Homes, Featured Desert Ridge and Phoenix Real Estate, Real Estate News
New rental listing in Aviano at Desert Ridge is now available. This is a Toll Brothers home and is the Solaria model at 2,790 square feet. Home is being offered at $2,500 per month or a 12 month lease.
This Solaria model is special in that is back to a lush common area – no homes behind. Includes a grassy backyard and nice covered patio.
Kitchen has granite counters, upgraded cabinets, black appliances and includes a fridge with rental. There is a charming breakfast nook off of the kitchen
Home is 3 bedrooms plus a nice study with additional storage. Spacious family room with fireplace plus a formal dining room. Master bedroom includes a separate excess to the patio. The master bathroom has tile counters, double sinks, separate tub and shower and two large walk-in closets.
This home is ready for immediate move-in – just call me at 480-201-4185 to schedule a showing. You can view more photos, here.
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The Perfect Home Loan For Arizona
December 5th, 2010 categories: Desert Ridge Homes, Real Estate News
The following post below comes courtesy of Brian Kennedy with Homerun Financial. Brian is proficient in all the best programs available today and can quickly pre-qualify you if you are interested in determing if you are ready to buy.
Brian can be reached at 480-250-7342.
What do you think?
Are you still on the fence? Do you think we hit the “bottom” of this real estate market? Well, you never may know. Maybe we hit the “bottom” of this historical real estate cycle. Maybe not?
Anyone that tries to predict the perfect time to purchase a home in a market as volatile as this one is just kidding themselves. We may have a solution that may make it easier. What if there was a loan that allowed you to purchase a home that needed some work? Read the rest of this entry »
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Villages at Aviano Open Houses Today!
October 3rd, 2010 categories: Real Estate News
Luxury Condos in Desert Ridge
Today we have 2 open houses at the Villages at Aviano from 11-3pm today. Both condos that are open are the popular Amici floorplans. These are ground level units and are one story units.
One listing, unit #1234 is an incredibly upgraded unit that is listed at $297,500. This units rivals the builder inventory at it was completed in December 2009 and lightly lived in for 5 months before sellers were relocated. There is over $100,000 in upgrades. For somebody who wants ALL the upgrades at a huge discount, then units will be for you.
The 2nd listing, unit #1080 is back on the market. It was only on the market for one day before it went under contract. This is a fully approved short sale at the list price of $215,000. The buyers had a change of plans so this is now available for some lucky buyer. This is an interior unit so no road noise from Deer Valley Road. This does require short sale approval but will likely take only 30 days since it was previously approved. This unit is immaculately clean - not your typical short sale.
So get out to the open house and you will be one of the first to view #1080 at this incredible value.
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Existing Home Sales Record Another Big Gain
November 24th, 2009 categories: Real Estate News
Today the National Association of Realtors released the news that existing home sales recorded another huge gain and that inventories continue to shrink. I can attest to that! The last 3 months have been crazy and the reason I have not updated my blog in 3 months!
Many would agree that the tax credit deadline that was originally scheduled for November 30, 2009 created the sharp increase. Now that the tax credit has been extended, we may see a drop for the month of December – historically a slower month anyway.
The tax credit is not the only reason for the spike in sales. Historically low interests rates are motivating buyers to purchase. Mortgage interest rates last month were the 3rd lowest dating back to 1971.
According to Lawrence Yun, NAR Chief Economist, “The supply of homes on the market is now at the lowest level in over two-and-a half years – we’re getting closer to a general balance between buyers and sellers.” The last time the relative housing inventory was this low was in February 2007 when it also was at a 7.0-month supply.“The supply of homes on the market is now at the lowest level in over two-and-a half years – we’re getting closer to a general balance between buyers and sellers,” Yun said. The last time the relative housing inventory was this low was in February 2007 when it also was at a 7.0-month supply.
You can read the complete news release here. It is good information if you are thinking about buying or selling a home.
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Happy Memorial Day – A Heartfelt Thank You
May 25th, 2009 categories: Real Estate News
Nothing moves me more than to think about the hundreds of thousands of men and women of the United States Military who have made and are currently making the ultimate sacrifice to serve our country and protect the freedom that we all treasure.
When I think about the sacrifice that is made by these individuals and their families, I just feel like there is nothing I could every do in my life that would even compare to this noble job done by all of these men and women.
Saying thank you will never be enough. The best I can do is to pray daily for the safety of these men and women and to support our troops, both when they are serving and when they return and live as civilians.
Our military and veterans are the bravest of the brave and from the bottom of my heart, I say “Thank You” and “God Bless America” and “God Bless Our Troops”.
Happy Memorial Day!
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Phoenix Real Estate Market Heating Up – Multiple Offers Again???
May 11th, 2009 categories: Real Estate News
I have not been as faithful as I would like to be writing my blog posts. The reason is that I have been SUPER busy and the real estate market is really heating up. Something has triggered all the buyers who were on the fence to jump off and the investors have re-entered our market and are gobbling up the bargains.
I have been telling people for the last 12 months that I did not know exactly when the market would turn around, but I felt like whenever it started, it would be a mini-frenzy – not too unlike our 2004 – 2006 years. I am not suggesting we are going to see another real estate boom like that, but we are in multiple offer situations in many cases and I personally have qualified buyers who are having a hard time finding a home.
The “mini-frenzy” is what happens when the consumer believes they are not going to be buying at the lowest point and get the greatest deal. As the news travels that homes are getting multiple offers, Read the rest of this entry »
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Homeowner Affordability and Stability Plan
February 18th, 2009 categories: Real Estate News
I do not even want to begin to try to digest the President’s Stimulus plan that was passed, so I am starting with the portion that is near and dear to my heart, housing. President Obama is in Phoenix, AZ today to unveil his “Homeowner Affordability and Stability Plan”. Some details of the the plan are outlined on the White House Blog.
I have not read it word for word, but skimming it gives me a few insights.
The program is limited to loans that are held or securitized by Fannie Mae or Freddie Mac. The other interesting thing is that it is limited to loans where the 1st mortgage that is to be refinanced cannot exceed 105% of the current market value (including refinancing costs). While I am sure there are may that fall into that category, I feel that in many areas like Queen Creek, Buckeye or Surprise, it is not going to work for many. The reason is that many people bought in the 2004 – 2006 period where prices rose to their highest level. The market has over-corrected dramatically in those areas. Homes that appraised for $200,000 are selling for $90,000. Many of those people had 100% financing, so the mortgage amounts are going to exceed the 105% limit by a lot. From what I can tell, Read the rest of this entry »
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