Short Sale / Foreclosure Training

Phoenix Real Estate Market Analysis

Inventory levels continue to rise since the previous report and are currently at 26,097 SFD homes available for sale.

• 10% increase in inventory over the last 2 months but closing rates have stayed fairly steady
• The closing rate of 7984 closes in the previous month leaves us with a 3 1/4 month supply of homes

The comparison of current active listing change is based on the previous reports' inventory. Supply numbers are based on the number of closings in the previous month, divided in to the total number of active listings. This data is for Single Family Detached homes only and does not include patio homes, condos, or town homes.

Overall Market

• Inventories are up 3% from the last report
• Total of 26097 active listings with 7984 closings in the last month
• About a 3 1/4 month supply

Phoenix

• Inventories are up 1% from the last report
• Total of 5171 active listings with 1987 closings in the last month
• About a 2 1/2 month supply

West Valley

• Inventories are up 6% from the last report
• Total of 5950 active listings with 2289 closings in the last month
• About a 2 1/2 month supply

NE Valley

• Inventories are unchanged from the last report
• Total of 4202 active listings with 528 closings in the last month
• About an 8 month supply

SE Valley

• Inventories are up 3% from the last report
• Total of 5903 active listings with 2171 closings in the last month
• About a 2 3/4 month supply.

Scottsdale over $1m

• Inventories are down 2% from the last report
• Total of 993 active listings with 39 closings in the last month
• About a 25 1/2 month supply

Scottsdale under $1m

• Inventories are up 1% from the last report
• Total of 1890 active listings with 358 closes in the last month
• About a 5 1/4 month supply
  

Paradise Valley

• Inventories are unchanged from the last report
• Total of 452 active listings with 29 closes in the last month
• About a 15 1/2 month supply

Phoenix is searched as a single entity.
West Valley is Surprise, Peoria, Sun City, Glendale, El Mirage, Youngtown, Litchfield Park, Avondale, Goodyear, Buckeye, and Tolleson.
NE Valley is Scottsdale, Paradise Valley, Fountain Hills, Cave Creek, and Carefree.
SE Valley is Tempe, Mesa, Gilbert, Apache Junction, Queen Creek, and Chandler.

source: Karl Stauffer

Condo for Sale in Scottsdale, Arizona – Valle Vista, $119,000 - Price Reduced

Condo for Sale in Scottsdale, Arizona – Valle Vista, $119,000

6925 E 4TH ST 16 Scottsdale, AZ 85251

For more information call 480-213-5758 or visit our website www.AzPrimeHomes.com

Condo for Sale in Scottsdale, Arizona – Valle Vista - Bedrooms: 2 / Baths: 1.5 / Living Area: 1,029SF
Cross Streets: 70TH ST/GOLDWATER Directions: South to 4TH St, Right to Property, Unit is on the West Side of the Pool.

This Condo for Sale is located in Valle Vista Subdivision.

• Ideal Scottsdale Location
• Within Walking Distance to Old Town Galleries, Shops & Restaurants
• A Beautiful Two Story Unit With Urban Loft Feel
• Designed By a Student of Frank Lloyd Wright
• Very Contemporary.
• Renovated with hardwood floors, travertine tile and new fixtures.
• Exposed wood beams on the ceiling and exposed brick wall separates the unit from the only neighbor
• Patio on the main floor and balcony off the second bedroom overlook the community pool
• Currently rented until July 15th, 2010 and generating $950 gross rental income per month
  Buyer to assume the lease. GREAT CONDO FOR SALE FOR AN INVESTMENT!
  HOA dues of $230 per month includes water.
  All appliances convey.

County/Region: Maricopa County AZ / Valley of the Sun Central
Year built: 1974
Builder: Olympic Development
High School: Scottsdale #048 Unified School District

Virtual Tour - CLICK HERE or on the image below

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Maricopa, Foreclosed Homes...I have not seen that one yet

I have not seen that one yet.....Maricopa, Foreclosed Homes

I visit many homes after Trustee Sale with interested Buyers and wonder at what I might find indoors when I put the key into the lock. The last foreclosed home I toured had exceeded my expectation and imagination. I have seen a lot properties with missing:



1. Appliances such as stoves, built-in microwaves, dishwashers, etc.
2. Flooring tiles, parts of carpet
3. Kitchen Islands (ripped off from the middle of the kitchen)
4. Cabinets and counter tops
5. Light fixtures and ceiling fans, doors and hardware
6. Toilets, bath tubs and sinks
7. Furnaces and air conditioning units (A/C units are very popular)
8. Landscaping- trees, shrubs, bushes, bricks
9. ETC, ETC

When homeowners do leave their property, they do not always simply "walk away." Do they?

So, after a while I got used to it. Just warned my buyers what they can expect inside foreclosed properties.

What was done to home I went to recently in Maricopa, AZ just shocked me.

The homeowner must have been so furious and ready to take on the structure he lived in for at least few years. Inside the house we discovered purred CONCRETE into the toilet and bath drainage!!!! What a courage... to get the material and pay for it, invest a time and effort to prepare the mixture and fill in the drainage! GOAL achieved! The foundation must be ripped off and the entire drain pipes replaced. House do not qualify as livable (at least not up to FHA standardsJ)

Homeowner was probably having a bad day.

Some misguided home owners, angry at the bank for foreclosing, think it's somehow permissible to turn the home into a total nightmare. It is ILLEGAL. Banks are most likely to pursue and prosecute homeowners who vandalize or strip their homes while in foreclosure.

But does it really happen? Personally, I have not heard of any legal action against homeowner who stripped or demolish his house while in foreclosure.

U.S. corporations such as Google and Yahoo have compromised free speech and information in the name of profits, allowing foreign governments like China, France, and Myanmar to restrict their citizens' internet access to websites approved by government officials.

Phoenix, Valle Vista Home for Sale - $199,500

Phoenix, Valle Vista Home for Sale - $199,500

2244 W BONANZA LN Phoenix, AZ 85085
MLS# 4238572
Immaculate home in Phoenix in Valley Vista subdivision. Do not miss out!

• 3 Beds, 2 baths + DEN with glass French door
  
• Beautiful and very functional kitchen with cherry wood
• 42in cabinets, lengthy breakfast bar and black appliances
• Throughout the home you will find a warm paint
• Neutral carpeting and elegant travertine flooring
• Well-designed master suite features bay window
• Garden tub between his/her sinks, vanity and separate, large shower
• Split floorplan adds privacy as well as formal dining and formal living room make this a perfect turn-key home
• North backyard invites with extended patio ready for entertainment

Ele Sch Dist: 097 - Deer Valley Unified District
Elementary School: Esperanza
Jr. High School: Deer Valley
High School Dist #: 097 - Deer Valley Unified District
High School: Barry Goldwater

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Sauce Restaurant is now open in Ocotillo, Chandler

Sauce Restaurant is now open in Ocotillo, Chandler
If you love taste of the italian food and vive you should visit the Sauce Restaurant that recently open next new location in Arizona, this time in Ocotillo, Chandler.

Downtown Ocotillo
2551 W Queen Creek Rd
Chandler, AZ
480-388-3640

Sauce Restaurant opened it's first location in 2003 and since then has been pleasing people of all the ages.

The main reasons are:

• reasonable prices
• fast gournet pizzas
• casual, hip setting

Menu: is simple, fresh and inexpensive

Pizza - thin, crispy crust, fresh gourmet toppings
Pasta - Hearty, warm, comforting
Sandwiches - freshly baked bread
Salads - crisp, chopped greens; plenty to share
Wine - unique and food frendly, priced just right

All sauces, dressing, pizza dough, croutons and soups are made daily from scratch.

Sauce - also offer catering. You need to place your oreder at least 48h in advance.
Unfortunately they don't deliver so you need to reserve some time to pick up.
If you need to cancel your order you need to do so 24h in advance, other way they will charge 10% of the total.

Average Price: Under $20
Hours: Sun-Thu 11.00am-9.00pm; Fri-Sat 11.00am-10.00pm

See you in Sauce in Ocotillo, Chandler.

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Kwanzoo: Instant Landing Pages for Social Media Marketers [Invites]

We thought we wil share this info:
The service is not yet available to the general public, but you can try it free using one of the 500 free beta test accounts that Kwanzoo is offering to Mashable readers.

Head over to their site, click the button to request an invitation, and then enter “Mashable” in the “Where did you hear about us?” box. The first 500 people will be notified via email with account information starting tomorrow early afternoon.

Quick Pitch:

• Create something interesting that will be talked about online
• Share on social networks
• Kwanzoo - offers marketers, advertisers, and small businesses a potentially powerful and viral way to leverage social media channels for quick and easy campaigns.
• Engage your fans on Facebook, followers on Twitter, blog readers, or customers in an email newsletter with a quiz or poll.
  
• Various tools and widgets made for each service
• All-in-one, plug-and-play solution
• Fast creation of your brand poll
• Shareable content
• Simple measure of your campaign results

The three step process:

1. Select a quiz or poll template
2. Customize it
3. Publish it as a landing page
   

Read more: http://mashable.com/2009/11/04/kwanzoo/

Single Family Home for Sale in Chandler, Arizona - $155,000

Chandler, Arizona - Single Family Home for Sale - $155,000

MLS# 4243885

Great property in subdivision with NO HOA in the heart of Chandler. Very open floorplan with remodeled kitchen and 2 bathrooms. Rooms are good size with big closets. Lots of storage areas throughout the house. Huge backyard with play pool, above ground spa and gazebo. Great for entertaining! Excellent location: close to major freeways and shopping centers. On the cul de sac street. Approved for Fannie Mae Homepath Mortgage Financing and HomePath Renovation Mortgage Financing.

Beds/Baths: 3 / 2
SF: 1,289
Year Built: 1983
Pool - Private: Fenced Pool; Play Pool
Spa: Above Ground Spa; Spa - Heated
Lot Size: 7,501 - 10,000
Level: Single Level
Dwelling Type: Single Family - Detached
Subdivision: SILVERGATE 3 UNIT 2 LOT 2
Tax Municipality: Chandler
Ele Sch Dist: 080 - Chandler Unified District
Elementary School: Goodman
Jr. High School: Andersen
High School Dist #: 080 - Chandler Unified District
High School: Chandler

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