Now that school is out, finding activities for children and teenagers who now have more time on their hands can be a daunting challenge. It’s not like you can say “go outside and play or ride you bike”. If they do in typical summer time 110 degree weather, they may not make it back. Read on to find out about some of the recreational centers and public pools available in Gilbert and Chandler.
Phoenix Luxury Homes in Lake CommunitiesPhoenix is home to many custom luxury homes. When luxury homes are on a waterfront lot, it adds another dimension to its desireability and uniqueness. In many cities, the most appealing and expensive homes are those found in lake communities. For some buyers, waterfront homes represent the perfect paradox, a waterfront home in the desert.
To see a quick link to waterfront homes in the Phoenix, over $400K, Phoenix waterfront homes.
The Islands is a Gilbert master planned lake community with a variety of types of homes, builders, and sizes. It is also one of the Phoenix lake communities that allows boating. The majority of Gilbert waterfront homes are single family dwellings. However, The Islands is home to Townhomes at Coral Reef, a waterfront townhouse community. This 52 unit community provides residents floor plans ranging from 1,234 sq.ft., single story up to 3,185 sq.ft. with a two story floor plan. There are 16 single story and 36 two story townhouses, and over 85% are waterfront lots.
News of this activity seemed to cast doubt on a housing recovery, and gives hope to buyers who have been watching the market for great deals that have seemed to evaporate in the last 12 months. One article even said it was the 2012 tidal wave of foreclosures. The trap that many fall into is not understanding the underlying cause as why this is happening in these specific states. Some states have been impacted harder than others; Florida, California, Arizona, Georgia, and Nevada, to name a few. However, the increase in foreclosure activity in this case can be better traced to the foreclosure process employed by a state. The above graph shows the pending foreclosures for Maricopa county. No tsunami or tidal wave on the horizon for Arizona. Read on to find out why.
For 6 years the Phoenix market has been a declining market with some property values declining by more than 50 – 60% 
from their peak. At last, many of the fundamentals strongly indicate that home prices bottomed out in 2011, and 2012 will reward homeowners with long awaited appreciation, a word that hasn’t been spoken since 2005. The graph to the right shows sales price/square foot for homes sold in Gilbert. Instead of the typical year end slump, 2011 finished with a positive upward trend that has continued in 2012. In fact, the average price per square foot for Gilbert homes for 2012 is higher than in 2011. The following fundamentals show that 2012 will be a transition year with significant changes compared to previous years.
When it comes to luxury homes in a gated water ski community, this home is a step above the rest. It is located in Crystal Point in Gilbert, just 20 minutes away from the airport in a ski lake community where 20 owners live lakeside and water ski from sun up till sun down. This 5,435 square foot luxury custom home provides 165′ of lake frontage on one of the best ski lakes in Arizona. Continue to see more pictures.
Christmas lights light up lake communitiesChristmas time in lake communities takes on an added dimension. In addtion to the he annual ritual of displaying holiday lights in the front yard, waterfront lots can decorate the backyards which can be seen from quite a distance. Some lake communities even schedule a boat parade to show off decorated boats. Some communities such as Val Vista Lakes and The Islands in Gilbert make the boat parade an annual event.
Waterfront Communities in The IslandsThe Islands consists of three separate man made lakes that are boat friendly with over 400 single family home lakeside lots. For those who enjoy the waterways, any three of the lakes provide over 1/2 mile of boating. Many homes are located on lots where the opposite shore is over 200 feet. The location of The Islands is equidistant between the US60, the 202, and the 101 freeways so getting around to any part of Phoenix is not a problem. The Islands cover 2.5 square miles, so you’re bound to find a house that is just right.
The Heritage District encompasses 0.3 square miles (192 acres) of downtown Gilbert. The vision for the downtown Heritage District is a family-friendly, pedestrian-oriented mixed-use development. This is supported by the Redevelopment Plan and the Heritage District Design Guidelines. Here’s a look at what has happened in downtown Gilbert.
Just because they print it does it make it true?Congratulations Miami, the 2011 NBA champions! – NOT. Here it is in print from a Florida newspaper. I guess they never got the memo or checked the score board. Just because it gets printed or makes its way onto the internet, does that make it true? That’s the same way I feel about Phoenix area shadow inventory. Some of the confusion lies in the definition of shadow inventory. Obviously, shadow inventory includes properties that have gone back to the lender but are not on the market. Some also consider homes that have received a Notice of Trustee Sale with a scheduled auction date. Some add to those numbers loans that are seriously delinquent which is 90+ days behind. As you can see, the definition will affect the level of shadow inventory cited by the various experts. There’s also the issue that real estate is local and national commentaries cannot be relevant to individual markets? Many have stated that shadow inventory is out of control and will contribute to a foreclosure Tsunami. Now let’s get the facts for the Phoenix area.
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