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Arizona Real Estate Market Summary – February 2012

AZ Real Estate Market SummaryBecause January is always such a slow month for housing sales, it makes most sense to compare January 2012 to January 2011 rather than the relatively hectic December 2011. With annual appreciation now in positive territory it is useful to examine which cities are looking strongest from that perspective. A clear pattern emerges. Most of those areas hardest hit by prices collapsing between 2005 and 2010 are the ones that have moved upwards significantly over the last 12 months.

Click Here for Arizona Real Estate Market Summary – February 2012
(Courtesy: cleartitle)

Are you planning to sell your home in year 2012? Here are top 10 home selling tips!

Top 10 Home Selling TipsIf you are planning to sell your home this year, here are the best 10 tips that will help you sell it quickly & give value:
1. Carefully, time your Selling Period
Avoid times when sales are slow, for example major public holidays,  major sporting events and festivals.
2. Research the Market
It is important to find out what the competition is in your area.  Ask yourself, “Who is my competition?”, “What is it going to take to sell my home?”, “How can I make my home different & appealing?”
3. Rise above emotions
Put yourself in the shoes of a potential buyer and see the house.
Homebuyers are in the market to buy your “space” not your “stuff”.  How you live in your house and the way you sell your house are two different concepts.  Try to see your house through the eyes of a prospective buyer.
4. Identify the Things you Love Most
Make a list. Rediscover what attracted you to your home.  After you have identified these things, plan and showcase them to their best potential.
5. Declutter your Home
Your home is a reflection of you.  Take the time to look at the picture you will be protraying to potential buyers.  De-cluttering and minimizing will enhance the space and functionality of your home.  Space does sell!
6. Fix It to Sell It
If it is broken, faded, rusty, out-dated, dripping or dying, then replace it, remove it, repaint it or restore it.  No one wants to buy your maintenence problems!
7. Always Maintain Feel Good Appeal
Remember, you are “open” for business 24/7 during the market period. Potential buyers often do “drive-bys” before they will make an appointment to preview the interior. Make sure your front yard maintains an “inviting” feel.
8. Get the “WOW” Factor
You can’t change the size or location of your home, but you can highlight it’s best features.  Use some home staging techniques to showcase these features.  If you don’t have an eye for home decor, ask a friend or relative or your agent for some ideas and implement them.
9. Price your House Reasonably & Realistically
We can guide you in this area.  If you have done your research (tip #2) you will know what the right price point is.  It doesn’t matter what home values were in the past.  No overpriced home will sell, no matter how good it looks.
10. Choose the Right Real Estate Agent
Interview agents that you know you can trust.  Ask them about their past successes and what sets them apart from the rest.  Make sure they are assertive enough to give you a realistic assessment of your home and what you can do to improve it.
If you have any questions on these tips or need more or anything related to your real estate needs, please feel free call us at 602.3302323 (or) email annadams@cox.net

Arizona Real Estate Predictions – Year 2012

Arizona Real Estate Predictions Up DownWith 2012 dawning on us, here are a few predictions about how the arizona real estate market may look like in year 2012:
1. Buyers Will Return
In 2011, a lack of consumer confidence in the overall economy dramatically impacted the housing market. Buyers were afraid to make a purchasing decision on any big ticket item. By the end of 2011, consumer confidence began to return and sales increased. Economic conditions will continue to improve throughout 2012 and consumer sentiment will solidify. Once that happens, home buyers will realize that now is the time to buy.
2. Foreclosures Will Increase
The ‘shadow inventory’ of foreclosures which has been growing since late 2010 will finally be introduced to the market. Distressed properties sell at discounted prices. They will impact the housing values of the non-distressed homes in the area.
3. Prices Will Soften
As more and more foreclosures come to market, there will be greater downward pressure on the values of houses in the region. Foreclosures impact values of non-distressed properties in two ways:
They will eat up some of the buyer demand in the market.
They will impact the appraisal on ALL transactions in the area.
An increase in foreclosures will have a negative impact on values. This will cause more homes to be underwater.
4. Short Sales & Foreclosures Will Increase
As mentioned above, we strongly believe that home prices will soften through at least the first half of 2012. Falling prices will force more homeowners into a position of negative equity. Negative equity is one of the triggers that cause people to strategically default on their mortgage obligations. If this happens, there could be an increase in the number of foreclosures. However, we predict that banks will take preventative measures which will help many of these homes avoid foreclosure by easing the requirements in the short sale process for both homeowners and real estate professionals.
5. Great Agents Will Be VERY Successful
Real Estate professionals who have invested the money, time and energy to truly understand what is happening and why it is happening will separate themselves from their competition and do very well this year.
Those who take that next step of learning how to simply and effectively communicate the market to their clients will be seen as industry leaders. These experts will dominate their markets.
Call Ann Adams & Associates Realty at 602.330.2323 (or) Email annadams@cox.net for more expert advice and real estate needs..Free!

Real Estate Market Update of Phoenix Area – Beginning of December 2011

Real Estate Market TrendMost of the supply and demand numbers were rather boring in November. All the excitement was concentrated in the pricing action. In this, October and November have been the opposite of the previous 12 months where there were massive changes taking place in supply but not much of interest going on in pricing.
To start with, let us look at the ARMLS data across all areas and types:

Click Here for a Detailed Real Estate Market Update of Phoenix Area in the beginning of December 2011

Great Buy! 9228 S. Juniper St., Tempe, AZ 85284

Posted Posted by admin in HOMES & BLOGS, Tempe AZ Homes     Comments No comments
Dec
9

 

Great 3 bed, 2 bath South Tempe Home for sale!
Property: 9228 S. Juniper St., Tempe, AZ 85284
SqFt: 2419
Year Built: 1982
Lot Size (SqFt): 15,351
Subdivision: Corona Del Sol Estates
Type: Single Family

South Tempe home for sale with a three car garage and a large lot. The entrance to the home has an open courtyard with slate tile. Windows feature wood shutters in the front. There are 3 bedrooms, a formal dining area and two living spaces.

   
The extra living spaces could be used as a den or another bedroom. This home has a new air conditioner, recently remodeled kitchen and bathrooms and the ceiling in the great room has been raised. There are RV Gates on both sides of the home with room to grow. The backyard has a diving pool, beehive firepit and artificial grass with fruit trees and a raised block fence. The flooring is wood and tile with carpet in the bedrooms. Kyrene Del Cielo & Corona Del Sol High School are with in walking distance of the home. 2 liens both B of A.
MLS Listing ; Virtual Tour
 
Contact us at 602.330.2323 (or) Email annadams@cox.net for more details.

Golf Course Lots & Homes in Tempe

Posted Posted by admin in HOMES & BLOGS, Tempe AZ Homes     Comments No comments
Nov
8
Golf Course Lots, Golf Course Homes in Tempe, AZ:
Golf course lots & homes,  Tempe, AZTempe in the sun state of Arizona is a historic college town with an abundance of living options within various nice neighborhoods and subdivisions. This city makes the perfect place to find youor dream golf course lots, homes & communities lining the fairways of a local golf course or close to a nearby golf club.
Golf course lots of Tempe range widely in size and style. Whether you are seeking a spacious land plot, luxury estate, a townhome or views of a signature hole, you are sure to find your preferences spot on.
Click Here for Golf Course Lots, Golf Course Homes in Tempe, AZ
Contact Us for more details: Call 602.330.2323 (or) email annadams@cox.net

Amazing Waterfront Homes in Tempe, AZ

Posted Posted by admin in HOMES & BLOGS, Tempe AZ Homes     Comments No comments
Nov
4

Great Lakefront, Waterfront, Lake Subdivision Homes in Tempe, Arizona:

Waterfront Homes Tempe AZ
Tempe, AZ is a vibrant college town adjacent to the mega city of Phoenix with all culture you would expect to find in its people and in the ASU community. Tempe and ASU have worked to created a beautiful setting to attract valuable business to the city. The presence of Tempe Town Lake and beautiful high-rise buildings along the banks of Tempe Town Lake attract lot of business and exclusive home buyers.
You can find luxury waterfront properties, beautiful single-family waterfront homes as well as townhouses and apartment-style homes in the wonderful city of Tempe, Arizona. The lake and surrounding parks create that oasis in the desert that you are seeking for a relaxing & vibrant lifestyle.
Click Here for Waterfront Homes, Lake Subdivision Homes, Lakefront Homes in Tempe, Arizona (AZ)

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