Phoenix Shadow Inventory Real Estate Numbers

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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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Categories: Chandler, Distressed Sales - REO and Short Sales, Gilbert, Scottsdale, Short Sales

Boating in Phoenix Lake Communities

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Waterfront Homes and communities that allow boating

As with a search for any home, Phoenix area waterfront property buyers have their criteria that best describes their dream home.  When describing Phoenix real estate waterfront homes, there is an additional parameter that is often important; a lake that allows boats. Instead of going to a park, a waterfront home owner may decide to go “crusing” around the lake.   Some communities allow boats and some do not.  Most lake communities only allow pontoon boats that are powered by electric motors.  To enjoy a true motor boat ride you’ll have to choose from one of the six water ski communities in the valley.  Even if the community does allow boating, make sure and verify that the body of water to which you’ll have access is large enough for that occasional boat ride.
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Categories: Ahwatukee Foothills, Arrowhead Ranch, Avondale, Chandler, Gilbert, Glendale, Goodyear, Mesa, Ocotillo Lakes, Peoria, Phoenix, Pinelake Estates, Scottsdale, Stonebridge lakes, Sun City, Tempe, Val Vista Lakes, Waterfront / Lakefront Community, Waterski Lake Community

Phoenix area lake communities with a community pool

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Waterfront communities with a community pool

Let’s face it, it can be nearly an impossible task to live in Arizona and not grave the relief that a private pool in your backyard can offer.  When it’s 110 degrees outside, you will be convinced it is a must-have.  Even when your Phoenix home is a second or vacation home used mainly during the winter months, pools are an attractive addition to any backyard.  But there may be reasons why you should forgo that luxury and let your community HOA manage that responsibility.

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Categories: Active Adult Retirement Lake Community, Chandler, Gilbert, Mesa, Peoria, Phoenix, Scottsdale, Waterfront / Lakefront Community

Charter Schools in Arizona

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Charter schools provide an alternative to traditional public schools

One of the many, but very important items on the checklist of things to do for a family relocating to the Phoenix area is researching schools.  Which school is the best school in the area we want to live? Which district is the best? Do they have extra-curricular activities? And the questions go on and on.  These families will also have to add another question that they may not have considered previously, “What about charter schools?” Read the rest of this entry

Categories: Ahwatukee Foothills, Arrowhead Ranch, Avondale, Chandler, Gilbert, Glendale, Goodyear, Mesa, Peoria, Relocation, schools, Scottsdale, Tempe

McCormick Ranch Waterfront Townhouses at Las Palomas

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Scottsdale Lake Communty Townhouses in McCormick Ranch

Las Palomas townhouses in McCormick Ranch provide a secluded and gated lake community in Scottsdale that borders Lakes Angela, Nina, and Margherite.  What once was a 4,200 acre working ranch where the McCormicks raised Black Angus cattle is now home to man pretigious Scottsdale luxury residential communities including Las Palomas.

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Categories: Scottsdale, Townhouses & Condominiums, Waterfront / Lakefront Community

Granite counter tops – An enviable upgrade

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 Granite – An Elegant Natural Stone Upgrade

Granite counter tops in Phoenix homes are always considered an upgrade and a distinguishing characteristic in any kitchen. The Arizona Regional MLS has recently made “granite countertops” a searchable field for those buyers where granite kitchen counter tops are a “must have”.  While buyers and sellers alike will attest to the natural beauty of granite, the facts behind this natural igneous upgrade are sometimes unknown. 

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Categories: Ahwatukee Foothills, Arrowhead Ranch, Chandler, Gilbert, Glendale, Goodyear, Mesa, Ocotillo Lakes, Peoria, Pinelake Estates, Scottsdale, Sun Lakes, Tempe

Making sense of Maricopa county property taxes and valuations

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Maricopa County Tax Bills Arrived – Some Happy, Some Not

The motivation for this article comes from all the recent news about taxes, and some buyers who say interesting things like “The property values have gone down, so the taxes better be lower!”   With that I thought it was the right time to dig in and get to the bottom of this sensitive topic.   I’m glad I did because there are some interesting facts of which I was unaware.  Read on and find out what is myth, what is reality,  and discover some unknown facts.

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Categories: Ahwatukee Foothills, Arrowhead Ranch, Chandler, Gilbert, Glendale, Goodyear, Mesa, Ocotillo Lakes, Peoria, Scottsdale, Sun City, Sun Lakes, Tempe

Scottsdale’s Gainey Ranch – Lake and Golf Community

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 Gainey Ranch - outstanding combination of lakes and green fairways

This prestigous Scottsdale community takes its name from Daniel C. Gainey,  the original owner and Minnesotan.  It was James Kilday,  the founder and CEO of Markland Properties who acquired 560 acres of the original 640 acres owned by Daniel Gainey that had  the vision of creating  a luxury resort community.

Gainey Ranch is a mixed use community comprised of residential, commercial office buildings, a private  golf course, and a luxury hotel.  The residential portion of Gainey Ranch occupies approximately 264 acres, less than half of the 560 acres.   The Gainey Ranch master planned community also includes commerical office buildings,  the Hyatt Hotel and an award winning 27 hole private golf course , Gainey Ranch Golf Club

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Categories: General Waterfront Info, Scottsdale, Townhouses & Condominiums, Waterfront Condos

Scottsdale Waterfront Luxury Condominiums

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Scottsdale Waterfront Residences Condominiums on Camelback

Balcony view from Scottsdale Waterfront Residences

Known for setting the standard of luxurious urban living in the heart of Scottsdale, the Scottsdale Waterfront Residences are located near the intersection of Camelback and Scottdale Roads.  The waterfront designation is due to the location next to the historic Arizona Canal.  The SRP canal was completed in 1885 and facilitated the founding of many valley communities. In 1888, Major Winfield Scott purchased 640 acres next to the canal and Scottdale Arizona was born.  The real attraction to these luxury Scottsdale condominiums is the urban living atmosphere and proximity to dining, entertainment, shopping and everything within a close commute. The Scottdale Fashion Square, the largest shopping mall in Arizona with approximately 2 million square feet of retail is just across the street.

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Categories: Scottsdale, Waterfront / Lakefront Community

Homes Near Phoenix Lakes and Reservoirs – Bartlett Lake

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Bartlett Lake from shoreBartlett Lake Offers Scottsdale Residents Nearby Watersports Recreation

If you live in the east valley and enjoy boating or water skiing, you are familiar with Saguaro or Canyon Lake.  If you live in Peoria or Surprise, Lake Pleasant is exceptionally close.  But for those that live in the northeast part of the valley, Bartlett Lake is the safe haven for water sport activists that live in Scottsdale, Carefree and  Cave Creek.  Bartlett Lake is 15 miles from north Scottsdale custom home communities such as Desert Mountain, Treviso, Mirabel, and Boulder Heights.

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Categories: Recreation, Scottsdale


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