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2019 First Half Real Estate Market Update

Real Estate Market Update for First Half of 2019

If you are wondering how things in the real estate market have started in 2019, I’d like to share some information with you. Are short sales and bank owned properties coming back? How often do sellers contribute toward buyer closing costs? And what has been happening to residential rental lease rates?

Check out the video below to have these and other questions answered.

Was there something that I missed or didn’t get answered? Please let me know and it may be the subject of my next video,.

Related Posts

2018 Market Update

Reasons Why Houses Don’t Sell

Real Estate Buyer’s Advisory

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Riverview Park in Mesa, AZ. – A Premier Park

 

Riverview Park in Mesa is Impressive

Riverview Splash padDoes it make sense to take children to the park in Phoenix when its 105 degrees?  Only if there’s a splash pad!   That was the temperature when the picture to the right was taken at Riverview Park in Mesa.  That didn’t seem to bother the children playing in the water and the parents who didn’t need to work about their safety as they would in a regular pool. Riverview is one of many parks in the Phoenix area that use splash pads to help Phoenicians endure the summer heat.  In fact, the splash pad, open 9 a.m. – 10 p.m. is just one of the many attractions in this highly rated  public park in Mesa.  To find out what other features make this a top public park and probably the best park in Mesa, read on. Continue reading “Riverview Park in Mesa, AZ. – A Premier Park”

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Lets’ talk termites and Phoenix homes

Termite TubeTermites and Phoenix Homes

At some point in the inspection process, a diligent buyer will need to have a termite inspection, also known as a Wood-Destroying Organism or Insect Inspection.  This typically is done at the same time as the general home inspection.  Many inspectors are also licensed to perform termite inspections which adds about $55 to the general home inspection cost. While the most common termite in Arizona is not as destructive as those found in other parts of the country, a thorough inspection is a wise choice in order to protect an asset as valuable as a home. Continue reading “Lets’ talk termites and Phoenix homes”

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Whose wall is it anyway? Every Phoenix homeowner should know.

Tree fell on wallOr you can wait for a Phoenix Monsoon storm to find out!

The recent string of Monsoon storms has demonstrated the power of mother nature and the destructive effects of high winds that accompany those storms. The result of the Monsoon storm that came through Phoenix on the last day of August left over 55,000 residents without power, closed highways, and snapped power lines. Over an inch of rain fell in some parts of the valley.  Rain in Phoenix is always welcome, but this  came at a price.  A common site in many valley neighborhoods was fallen trees. If one of these trees falls on a wall, who is responsible to repair the wall?

 

Continue reading “Whose wall is it anyway? Every Phoenix homeowner should know.”

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Does this Phoenix Residential Lake Allow Boating?

Pecos-Ranch-boating-in-waterfront-community-in-Chandler1-300x207

Determining if a Phoenix lake community allows boating

One of the most frequently asked questions I recieve is “Does this lake community allow boating?”  The second most frequent question is “How big is the lake?”  We’re going to answer both of these questions.  Previously, I’ve attempted to make a list of lakes where boating, kayaking, and canoeing are permitted and which lakes are larger and more conducive to boating.     I’m going to share some tools with you so that you can answer these questions.

Continue reading “Does this Phoenix Residential Lake Allow Boating?”

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Introduction to Phoenix waterfront property

The Islands Lake at Sunset

Starting your Phoenix area waterfront home search

Not all Phoenix waterfront property is created the same.  Some residential lakes provide ample room for pontoon boats and kayaks, while others have been characterized merely as canals. So do all lake subdivisions allow boating? Do some lakes allow fishing while others do not? And what about the water quality, do all lakes receive water from the same source? Which Phoenix cities have the most lake subdivisions and waterfront homes? If you are curious about any of these questions, read on.

Continue reading “Introduction to Phoenix waterfront property”

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Community Facility Districts in Phoenix Arizona

What is a Community Facilities District?

A community facilities district is a special taxing district that allows the financing of the installation, operation and maintenance of public improvements such as roads, water and sewer facilities, flood control and drainage projects.  Many well-known communities in Scottsdale, Goodyear, Surprise, Peoria, Buckeye and Mesa have utilized CFD’s to finance the installation and maintenance of infrastructure for specific communities. The bonds associated with the CFD’s become the responsibility of the property owners who benefit from the infrastructure improvements.   How can you find out if your property is located in a CFD? And if it is, what are the taxes for the CFD?

 

Continue reading “Community Facility Districts in Phoenix Arizona”

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Are addresses in the Phoenix area really that helpful?

Figuring out Phoenix and surrounding city addresses

Yes, an address is the unique identifier for a location within a city, and should let everyone know exactly where you live, but how useful is it?  How are addresses determined and what do they mean? Most addresses include a north/south/east/west coordinate.   North, south, east or west of what? Are all addresses based on one central coordinate in downtown Phoenix, or does each city have their own coordinate sytem?  How much  do we really rely upon an address to arrive at a destination?  If you know the answers, congratulations; if not then  read on.

Continue reading “Are addresses in the Phoenix area really that helpful?”

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Mesa, Az. Waterfront Communities and Property – Homes, Townhouses and Condos

Overview of Mesa Waterfront Property

Mesa has a variety of lake communities; ranging from newer waterfront condos in Superstition Lakes to active adult waterfront homes in Leisure World.  Dobson Ranch is the largest lake community in Mesa located next to the Dobson Ranch municipal golf course.  Dobson Ranch waterfront townhouses and condos can be found in developments such as The Landings, Water Works, and Lake Park Development.

Continue reading “Mesa, Az. Waterfront Communities and Property – Homes, Townhouses and Condos”

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Waterfront Holiday Christmas Decorations in Phoenix Lake Communities

Christmas lights light up lake communities

Christmas 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.

Continue reading “Waterfront Holiday Christmas Decorations in Phoenix Lake Communities”