Why are Arizona Home Buyers So Optimistic?

  Why are Arizona Home Buyers So Optimistic?  It seems like my phone has picked up with Buyer Calls.  What's going on in the Arizona Home Buyers minds?  Well,  home buyers confidence is at an all-time high, according to a survey performed by Fannie Mae. Here are 3 possible explanations: 1. Lending is loosening up Over the past several years, mortgage rates have seen historical … [Read more...]

Latest Listings in None HOA, near Red Mountain

Latest listings in Ridgeview at Red Mountain Ranch. Why is this area so popular, you ask? Well, first off it is in the lovely area of North East Mesa near Red Mountain Ranch and Salt River. No home owners association to tell you what to do and when to do it. Take your boat up to saguaro Lake or Canyon Lake which is a short drive from this area. Many bikers like this area because of the … [Read more...]

Is it starting to turn to a buyers market?

In this report, you will see that in October we saw more listing on the market since April 2011, does this mean that we are starting to see a new tread? Is it becoming a buyers market? Well, interest rates are still low and with so many new listing on the market, now is the perfect time to buy a home. The change in market balance accelerated during October reaching a shocking pace we … [Read more...]

HUD Shut Down FAQs Update

Ok, I'm getting lots of questions from both buyers and sellers regarding the Government shut down and whether this is going to case issues getting loans.  Here is additional information regarding frequently asked questions and answers.  This information was provided by : Dan Morse, Vice President, Licensed Mortgage Professional with Cherry Creek Mortgage.  You can always contact Dan at … [Read more...]

How the Government Shutdown is Affecting Lending

Everyone is talking about the Government Shut Down and how it will impact them.  In the mortgage world, it does not look like we have to worry, loans are still going through. Homes are still being bought and sold everyday.  At this point, our problem is not getting the loan, if you qualify, but the inventory shortage.  If you are considering selling your home call me.   Please read below courtesy … [Read more...]

New housing starts lower than expected in July

Here in Arizona we are starting to see new builders back, our permits are up in the Valley of the Sun, but for most of the country, the numbers are down with permits on new builder, as you can see in this article. Here in Arizona, our inventory has been exceptionally low and that is one reason why our new builders here in the valley of the Sun have been so successful.  If you are looking to move … [Read more...]

February 2013 Results: Greater Phoenix sales prices rise again

February 2013 Existing Single Family Sales Price Up, Again The February 2013 median sales price in Greater Phoenix for existing single family homes was up three percent over January 2013, and up thirty-two percent over February 2012. The February 2013 median sales price was $180,236. The last time it was higher was in September 2008 when it was $184,000. There is still distance for the median … [Read more...]

4240 N. El Sereno Circle Mesa, AZ 85207 -Northeast Mesa Arizona

Northeast Mesa has a wonderful community called Las Sendas. The Las Sendas golf course is a nature walk through the desert, attracting you with beauty and challenging your golf game. You won’t be able to wait to get back to Las Sendas golf course in Mesa Arizona and play again! Come see why people come from all over North America come to play at the golf course at Las Sendas in Mesa Arizona. But, … [Read more...]