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,.
2018 Market Update
Reasons Why Houses Don’t Sell
Real Estate Buyer’s Advisory
Concrete tile and composition shingle roofs
In colder climates the standard roof is asphalt composition shingle. However in Arizona concrete tile roofs are now more common than composition shingle roofs at least in the Phoenix area. Properly installed, tile roofs can last longer and can offer a better insulation system for the house than standard composition shingle roofs. The upfront cost of concrete tile roofs is higher, but they have a longer lifespan. Even though tile roofs appear sturdy and almost indestructible, it would be an error to believe that they can be installed without requiring any future maintenance or inspection. It is very common that during a house inspection cracked, displaced and broken tiles will be found. Repairs to a tile roof when found early are relatively inexpensive, but if left unattended the repair cost will increase significantly.
Continue reading “What you need to know about tile roofs in Arizona”
Waterfront townhouses and condominiums in Chandler
Chandler offers a broad range of waterfront property including townhouses and condos. These include Lakeshore at Andersen Springs, Bridges at Ocotillo, Cantabria Shores and Crescent Falls at Fulton Ranch. These waterfront properties are something that never would have been envisioned by Dr. AJ Chandler, a veterinarian who migrated from Canada in 1891 and for whom the city was named after. Now Chandler boasts the most waterfront communities of any city in Arizona and is home to many high tech companies. For more information, read on!
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Pinelakes Estates in Chandler
Buyers who are looking for luxury waterfront homes on a boat friendly lake in south Chandler need to consider Pinelake Estates. What makes this community standout when compared to other lake subdivisions is the distance from one shore to the other. With a larger body of water the views are significantly enhanced. With a total of just over 200 properties about 90 of them are waterfont lots. Another appealing feature is the average lot size is just under 15,000 sq.ft., giving you plenty elbow room!
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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.
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”
Chandler Lake Community
Mays Pond is located in the southeast corner of Ray and Kyrene Roads in Chandler in the Gila Springs planned community. Predominantly single story homes, there are 14 waterfront homes in this 134 property subdivision that were constructed by Taschner. May’s Pond finds itself located within 2 miles of both the I-10 and 202 freeways, and walking distance of the Intel Chandler facility.
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Sources of water for Phoenix lake and waterfront home communities
Many visitors are amazed that Phoenix has lake communities and waterfront homes since Arizona is in fact a desert. The next question is obviously, “Where does the water come from?”. Isn’t this a waste of scarce water resources? And if you own a waterfront home in one of the Phoenix lake communities, don’t you want to know the source of the water next to your lot? This may turn out to be another criteria in your search for a waterfront home. If you are interested in the answers to these questions, read on.
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A Look Back at 2012 for Phoenix Real Estate
The year in review of 2012 for homeowners was an encouraging one to be sure. 2011 was essentially a flat line, and there has not been any appreciation in home prices since 2005. Therefore, the 12 – 29% increase experienced in nearly all Phoenix metropolitan cities in 2012 was the perfect present indeed! If you’re interested in why prices finally made a U-turn and the chances of a repeat performance, feel free to read on.
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New Chandler lake community-The Waters at Ocotillo opens Dec 2012.
In contrast to seeking out large land parcels to develop in outlying areas of the valley, Pulte has chosen to build this lake community on 28 acres in Chandler near many Chandler high tech semiconductor companies and close to the 101 & 202 freeways. There will be a total of 96 new homes, 44 of which will be waterfront homes. The Waters at Ocotillo will be part of the 2,700 acre Ocotillo master planned development which was established in 1983. The lot sizes will vary in size from 5,900 sq.ft. – 15,000 sq.ft. There will be two different Pulte series that will be built, the 4000 and 5500 series.
Continue reading “The Waters at Ocotillo – Chandler’s newest lake community”