Saturday, June 29, 2013

Homes for Sale in Tempe AZ offered by Tempe Realtors in June 2013

3 bedroom 2 bathroom homes for sale in Tempe AZ listed by Tempe realtors Ron and Kristina Wilczek.

We are proud to present this charming home that is in a fantastic Tempe location close to freeways, ASU and MCC, a city park, shopping centers, a hospital, the Orbit route to the light rail and more!

This 3 bedroom 2 bathroom homes for sale in Tempe AZ has high grade carpet, tile counter tops, exposed brick interior walls, and a sky light that all add up to a very charming house. Exterior features include mature tree and a Tuff Shed that can be a workshop or motorcycle garage. This

3 bedroom Homes for sale in Tempe AZ

Monday, June 10, 2013

Phoenix Housing Market and Inventory Tracker Report May 2013

Home prices in the Phoenix Housing Market have increased again, this time by $4 per square foot to $120 in May 2013. This is becoming old news because the Phoenix real estate market has been experiencing this trend since March 2011 when the average price per square foot was $77. Low housing inventory and near normal foreclosure levels continue to be the cause.

The Arizona Regional Multiple Listing Service recorded 9,444 homes sales in the Phoenix Housing Market making it the 4th consecutive month home sales increased. The last time home sales were over 9,000 in our real estate market was

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Saturday, April 20, 2013

New Homes Builder in Phoenix: Gehan Homes

There's a new homes builder in Phoenix by the name of Gehan Homes. This is another sign of the improved housing market around Metropolitan Phoenix. The first subdivision is in Surprise, AZ.

Gehan Homes has other locations in Dallas-Fort Worth, Houston, Austin, and San Antonio and has received numerous awards in those locations, as seen below before becoming a new homes builder in Phoenix.

2012

Texas Association of Builders STAR Award - for Best Interior Merchandising, Best Poolscape, and Warranty Service Professional of the Year
Houston's Best PRISM Award - Best Product

New homes builder in Phoenix

Monday, March 25, 2013

Homes and Condos for Sale in Tempe AZ: A look at Tempe Town Lake Condos

We're going to show you some condos for sale in Tempe AZ. We're going to the Tempe Town Lake condos at Bridgeview. Bridgeview consists of luxury condominiums with price tags as high as $1.9 million. Today we're going to the top floor which is floor number 12. When it comes to condos for sale in Tempe AZ few have the view offered by this unit.

Tempe Town Lake condos come with a price premium. As I tell you the list price on condos for sale in Tempe Arizona, I must also tell you the base price of $950,000 at Bridegview is the unfinished unit that measures 4,251 square feet. You could easily

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Saturday, March 23, 2013

Phoenix Housing Market and Inventory Report February 2013

The Phoenix Housing Market began February 2013 with 17,643 homes for sale in the Metro Phoenix MLS. The number of MLS listings was up slightly from January 2013 but is consistent with the previous three-month average of 17,461 homes for sale. A continuing trend in the Phoenix Real Estate Market is the diminishing number of foreclosure-type sales, with only 12.5% of all active homes for sale being bank owned homes (REO's) or short sales. You have to go back to 2007 to find foreclosure-type listings this low. See here: Phoenix MLS Listings by Month

The "numbers within the numbers" in

Phoenix Housing Market

Thursday, March 7, 2013

Testimonial for Phoenix Realtors: Home Seller Felicia Valenzuela, Mar 2013

Phoenix Realtors
I was referred to Ron during a very emotional and vulnerable time in my life, after the passing of my mother. I found him to be extremely compassionate and professional. He was very honest, open and truthful with me all the time maintaining my interests at hand.

My home was listed, sold and closed within 9 days, a total and complete relief to myself and family. During the

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Wednesday, February 20, 2013

Phoenix Housing Market update for January 2013 by our Housing Tracker

Here's our review of the Phoenix Housing Market for sales in January 2013, along with an outlook for February and predictions for March. Keep in mind that January is, seasonally, one of the lower sales months of the year just before the spring buying season arrives.
Home Sales in the Phoenix Housing Market
Price per SF in the Phoenix Housing Market remained at $108 for January 2013, as reported by our Phoenix Housing Tracker. $108 is the highest price per SF since October 2008 and the same as last month. See the history at this link: Metro Phoenix price per square foot.

There were 5,834 residential sales in the Phoenix Housing Market in January which is the lowest total since January 2010 and 22% lower than the average monthly sales of 7,513 for all of 2012. Yes, some of this is seasonal but I think the main reason is the lack of bargain priced Phoenix Foreclosures to attract buyers in the Phoenix Housing Market.

There were only 1,986 foreclosure type sales in January 2013 which accounted for 34% percent of total sales. I define foreclosure type sales as bank owned homes and short sales. This is the lowest percentage of sales for Phoenix Foreclosures in the Phoenix

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Monday, February 18, 2013

Phoenix Foreclosures Fade as Phoenix Leads Rise in Nations Home Prices

Phoenix Foreclosures have been steadily fading for 18 months and all the press is talking about it. See our Housing Tracker Stats for a long term perspective. This week Bloomberg is on the bandwagon with a story stating home prices have risen in the 4th quarter of 2012 in almost 88% of US cities and Phoenix is leading the charge.

We recently quoted an article from Realty Trac saying that the decline in Phoenix foreclosures made Phoenix the 8th worst place in metro areas with populations over 500,000 to buy foreclosures. Another story reported by the AZ Republic stated Phoenix foreclosures are no longer driving the market.

 

In a Bloomberg story by John Gittelsohn & Prashant Gopal:

"The median sales price rose from a year earlier in 133 of 152 metropolitan areas measured, the National Association of Realtors said in a report yesterday. In the third quarter, 120 areas had gains.

An improving job market and low interest rates are driving up prices by fueling demand for a tightening supply of listings. The national median price for an existing single-family home was $178,900 in the fourth quarter, up 10 percent from the same period last year. That was the biggest gain since 2005, according to the Realtors group. 

More on Phoenix homes prices

 

 

Saturday, February 16, 2013

Houses for Sale in Tempe in The Lakes Community

This is our February edition of houses for sale in Tempe in The Lakes Community. The Lakes Community is located between Rural Road and McClintock Road, just south of Baseline Road. The homes were built between 1971 and 1986 and range in size from 1,260 square feet to almost 6,000 square feet.

There were 18 active houses for sale in Tempe in The Lakes to begin in February 2013. You can see all those homes directly from the Phoenix area MLS right here: Homes in The Lakes. 10 homes are currently under contract and in some stage of the home buying process. 19 properties sold in the time frame between Thanksgiving 2012 and the 1st week of February 2013.

Here's a breakdown of the active houses for sale in Tempe and The Lakes:

the average listing price is $212,954, the average home is 1810 square feet, and the average days on

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Thursday, February 14, 2013

Phoenix Real Estate Investment: No guts no glory

Metro Phoenix real estate investment is a way to cash in on big profits, though one certainly doesn't need to limit themselves only to the Metropolitan Phoenix area. Because I'm a real estate investor I always enjoy seeing what other people are doing.

I've bought property at the trustee's sale, sight unseen, and have done pretty well fixing and flipping. All of my purchases were under $120,000. Today I saw a Metro Phoenix real estate investment that took some vision and guts. It was on a grander scale than anything I've tried in the past. The pictures will be at the bottom of this article. It inspired me to think on a bigger

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