Looking for a family sized Gilbert waterfront home? Your search has ended! This two story, 5 bedroom, 2,985 sq.ft. home in Stonebridge Lakes has spacious bedrooms and an upstairs walk-out balcony providing just another vantage point from which to enjoy the lake views. Enjoy your waterfront views from the back patio in the evenings.
Last year buyers enjoyed a real estate buffet that served a combination of foreclosures/REO’s, short sales, or normal/traditional sales at historically low prices. The inital buyer consultation included an explanation of the in’s and out’s of each. Frustrated sellers knew they were competing with distressed sale pricing as they tried to obtain the highest price for their traditional sale that had seen years of declining value. It was common for most valley cities to have a majority of the sales to be distressed foreclosure or short sale transactions. Distressed sales as a percentage of total sales were above 80% for a couple of Phoenix valley cities! It was the exeception for a city to have less than 50% of total as distressed sales. The chart on the left shows the percentage of sales by each category for May 2011 for each valley city. As you know things change in real estate, so read on to see what has happened since last year.
Phoenix 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.
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.
It is very common to associate a foreclosure with a bank, and this idea is reinforced when we see advertisements for “bank owned” properties. Mistakenly, we also believe banks are taking the biggest financial hit when a house is sold as a foreclosure. However, the fact is that in many cases a foreclosure is not owned by a bank. If not the bank, then who owns these distressed properties and takes the financial loss? Continue reading “Who really loses on a foreclosure – the bank? Think Again!”
Custom waterfront luxury homes in Val Vista Lakes
If a waterfront home afficionado is looking for a luxury lakefront custom home in a gated community, then Val Vista Lakes needs to be on the short list. This 900 acre master planned community also has one of the most complete community centers in the valley. There are three sub-divisions that offer this unique combination; The Regatta, West Lake Estates, and Lakeside at Val Vista Lakes.
Gilbert is known for many things. A safe community with a family friendly atmosphere. A great place to raise children with a high quality of life. A growing community with highly rated schools. Good freeway access to Phoenix and surrounding areas. Affordable homes including waterfront and lake communities and award winning hospitals. All in all, Gilbert is one of the most desireable towns in the Phoenix valley. For a sample of some of the things that make Gilbert such a popluar community, read on.
Nestled in the historic district of downtown Gilbert, serving breakfast and lunch from 6 am. – 2 p.m. is the Farmhouse Restaurant at 228 N. Gilbert Rd. It is one of many very successful restaurants in downtown Gilbert.
The Farmhouse Restaurant has been the recipient of various awards for the “Best Breakfast” for many years. Originally, located south of the current location, the owners, a mother and daughter team purchased the historic building and moved from the original location 2 miles further south on Gilbert Rd.
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.
When looking for Phoenix area waterfront homes, your dream home could be hiding behind one of the gated lake communities featuring waterfront homes. These unique gated subdivisions are spread throughout the valley in cities and towns such as Chandler, Mesa, Maricopa, Scottsdale, Tempe and Gilbert among others.