Posts
EXISTING-HOME SALES RISE ON IMPROVED AFFORDABILITY
Existing-home sales increased last month as buyers responded to improved housing affordability conditions, according to the National Association of REALTORS®. (Walter Molony, October 24, 2008, NAR) More Information.
Great time to buy Queen Creek homes. Contact your Queen Creek Specialist!
Thursday, October 30, 2008
Scotland - The Facts
Courtesy of your Queen Creek Real Estate Specialist.
From Washington Post article:
Attraction - Historic House/Palace,
The Palace of Holyroodhouse, the official residence in Scotland of Her Majesty The Queen, stands at the end of Edinburgh's Royal Mile against the spectacular backdrop of Arthur's Seat.
More information
Bookings & enquiries: +44 (0)131 556 5100
Edinburgh Castle
This famous castle dominates Edinburgh and gives stunning views of the city and countryside. St Margaret's Chapel, Mons Meg siege cannon, the Great Hall, the magnificently restored Laich Hall and the Scottish National War Memorial are here with the 'Honours of the Kingdom' exhibition tracing the history of Scotland's Crown Jewels. Vaults where foreign prisoners-of-war were held in the wars of the 18th and 19thC are on show
Attraction - Castle/Fort, Edinburgh
Dominating Scotland's capital, parts of this famous castle date from the Norman period. Mons Meg, the enormous 500 year old siege cannon, is located here.
From Washington Post article:
Attraction - Historic House/Palace,
The Palace of Holyroodhouse, the official residence in Scotland of Her Majesty The Queen, stands at the end of Edinburgh's Royal Mile against the spectacular backdrop of Arthur's Seat.
More information
Bookings & enquiries: +44 (0)131 556 5100
Edinburgh Castle
This famous castle dominates Edinburgh and gives stunning views of the city and countryside. St Margaret's Chapel, Mons Meg siege cannon, the Great Hall, the magnificently restored Laich Hall and the Scottish National War Memorial are here with the 'Honours of the Kingdom' exhibition tracing the history of Scotland's Crown Jewels. Vaults where foreign prisoners-of-war were held in the wars of the 18th and 19thC are on show
Attraction - Castle/Fort, Edinburgh
Dominating Scotland's capital, parts of this famous castle date from the Norman period. Mons Meg, the enormous 500 year old siege cannon, is located here.
Credit Scores
If you are interested in Queen Creek Real Estate, please read this article and contact your Queen Creek Real Estate Specialist:
RISMEDIA, -It is a three-digit score that can shape your financial future, whether you plan to buy a new car or qualify for a reasonable mortgage loan to buy the home of your dreams. Your credit score is a determining factor in whether you obtain financing and at what cost, and there's never been a better time to clean up your credit history and boost your score.
The first step in improving your credit score is to know where you stand. Your credit records have been reduced to a three-digit score commonly known as a FICO, or Fair Isaac & Co., score. Each of the three major credit bureaus (TransUnion, Experian and Equifax) have assigned a score that shows how likely you are to pay back a loan on time - the higher the score, the lower your presumed risk of default. By law, you may obtain one free report annually from each bureau online at www.AnnualCreditReport.com. By accessing your credit information one agency at a time, you can get a free credit report three times a year.
Once you know your FICO score, you can work toward improving it. But improving your credit score can require time and commitment. Here are some valuable tips to get you started:
- Pay your bills on time. Your payment history, including late payments and foreclosures, can count for one-third of your credit score. Accounts more than 60 days past due will be indicated on your credit report.
- Check your credit report for errors. Removing errors, especially those negatively reflecting late payments or unpaid credit, is one of the easiest ways to improve a credit score.
- Reduce your balances. One-third of your FICO score depends on the total amount of balances you owe versus your total credit limit. Try to keep your balances less than 80% of your credit limit to maximize your score benefit.
- Keep older credit lines open. Having a long history of active accounts indicated to lenders that you are a good credit risk. It also accounts for 10% of your credit score.
- Use credit - but use it responsibly. This includes having credit cards and installment loans with timely payments. Accounting for 15% of your score, a balanced account including a mortgage payment can help homeowners boost their score.
- Avoid new credit. Opening new credit will lower your average account age. In addition, the number of new applications counts for 10% of your score. Under the Fair Credit Reporting Act, you may limit "prescreened" offers by removing your name from nationwide lists.
- Check regularly for identity theft. Agencies may only provide your information to those with a valid need, such as a creditor or insurer.
http://rismedia.com/wp/2008-09-15/tips-for-helping-your-clients-boost-credit-scores-strengthen-financial-footing.
RISMEDIA, -It is a three-digit score that can shape your financial future, whether you plan to buy a new car or qualify for a reasonable mortgage loan to buy the home of your dreams. Your credit score is a determining factor in whether you obtain financing and at what cost, and there's never been a better time to clean up your credit history and boost your score.
The first step in improving your credit score is to know where you stand. Your credit records have been reduced to a three-digit score commonly known as a FICO, or Fair Isaac & Co., score. Each of the three major credit bureaus (TransUnion, Experian and Equifax) have assigned a score that shows how likely you are to pay back a loan on time - the higher the score, the lower your presumed risk of default. By law, you may obtain one free report annually from each bureau online at www.AnnualCreditReport.com. By accessing your credit information one agency at a time, you can get a free credit report three times a year.
Once you know your FICO score, you can work toward improving it. But improving your credit score can require time and commitment. Here are some valuable tips to get you started:
- Pay your bills on time. Your payment history, including late payments and foreclosures, can count for one-third of your credit score. Accounts more than 60 days past due will be indicated on your credit report.
- Check your credit report for errors. Removing errors, especially those negatively reflecting late payments or unpaid credit, is one of the easiest ways to improve a credit score.
- Reduce your balances. One-third of your FICO score depends on the total amount of balances you owe versus your total credit limit. Try to keep your balances less than 80% of your credit limit to maximize your score benefit.
- Keep older credit lines open. Having a long history of active accounts indicated to lenders that you are a good credit risk. It also accounts for 10% of your credit score.
- Use credit - but use it responsibly. This includes having credit cards and installment loans with timely payments. Accounting for 15% of your score, a balanced account including a mortgage payment can help homeowners boost their score.
- Avoid new credit. Opening new credit will lower your average account age. In addition, the number of new applications counts for 10% of your score. Under the Fair Credit Reporting Act, you may limit "prescreened" offers by removing your name from nationwide lists.
- Check regularly for identity theft. Agencies may only provide your information to those with a valid need, such as a creditor or insurer.
http://rismedia.com/wp/2008-09-15/tips-for-helping-your-clients-boost-credit-scores-strengthen-financial-footing.
Wednesday, October 29, 2008
Queen Creek Real Estate
Statistics for 10/27/08
$ 165,900 Low
$ 242,155 Median
$ 2,600,000 High
$ 44,500 Least
1700 total inventory
Average Days on Market 102
Asking Price per Square Foot $ 75
Absorbed This Week* 448
Percent of Properties with Price Decrease 37 %
Percent Relisted (reset DOM) 8 %
Percent Flip (price increased) 4 %
calculates the Market Action Index which measures available supply
$ 165,900 Low
$ 242,155 Median
$ 2,600,000 High
$ 44,500 Least
1700 total inventory
Average Days on Market 102
Asking Price per Square Foot $ 75
Absorbed This Week* 448
Percent of Properties with Price Decrease 37 %
Percent Relisted (reset DOM) 8 %
Percent Flip (price increased) 4 %
calculates the Market Action Index which measures available supply
San Tan Heights Home
Home on 32535 N Hidden Canyon is now in AWC status (excepting backup offer only). If you want other San Tan Heights properties give us a call.
Thursday, October 23, 2008
Augusta Ranch Home
Well-designed Beazer single level home in prestigious August Ranch Golf Community. This split floor plan features 5 spacious bedrooms with upgrades that include 16-inch neutral tile in all the right places, new 2-tone paint throughout, media niche in family room, water softener and RO System, window coverings, custom ceiling fans, mirrored closet doors, raised vanities, dual sinks, garden tub with separate shower in master, bedroom 5 has ¾ handicap bath, 4-ft extended garage with side door, 10-ft RV gate and extended walkway, ceiling fans, 3-car Garage and Pebble Tech pool and nice rear yard landscaping. Contact us for more information.
Wednesday, October 22, 2008
San Tan Heights Home
GORGEOUS FORMER SAN TAN HEIGHTS MODEL HOME - 5-STAR ENERGY EFFICIENT HACIENDA (2x6 const) HOME YOU HAVE BEEN WAITING TO COME ON THE MARKET! Beautifully landscaped with pool & waterfall. Loads of features include, ceramic tile, 2-tone paint, 2-inch faux wood blinds T/O, Surround sound T/O, soft water loop, alarm system, media niche, 3-car garage, expoxy garage floor, upgraded kitchen appliances, full splash granite kitchen counters, upgraded cabinets, breakfast bar, custom ceiling fans, jetted garden tub w/sep shower enclosure, dual bath sinks, and much more. Enjoy the mountain views and spectacular sunsets from the front or MBR deck which backs to an open area! Also, there is a park in front of home!!!
Sunday, October 19, 2008
Sun City Anthem at Merrill Ranch
This spectacular like new Paramount model home is loaded with over $100,000 in gorgeous upgrades & will appeal to the most discriminating buyer with its elegant 10ft ceilings & 8ft doors T/O, neutral 2-tone paint, upgraded Berber carpet, 2-inch faux wood blinds & custom window coverings, hickory cabinets, 18-inch custom tile floors in all the right places, a security system, RO/Soft Water system. The spacious great room includes surround sound wiring & a stunning gas fireplace for those cozy winter evenings. The kitchen has a huge granite island & counter tops w/9-inch backsplash, upgraded black appliances, gas cook top range, convection wall ovens, & much more (ref. Virtual tour for more details). Sun City Anthem at Merrill Ranch offers unparalleled amenities in a resort-style setting.
1+ Acre Horse Property in Florence
UNBELIEVABLE PRICE FOR THIS 1+-ACRE HORSE PROPERTY!!! Georgeous Mountain Views All Around. This Spacious Single Level Floor Plan has Loads of Upgrades & Features including extended covered Patio, ranch fencing all around, fireplace in Great Room, 2-inch blinds, neutral ceramic tile in all the right places, upgraded neutral Berber carpet, split master bedroom & much more! Call your real estate specialist if you are looking for Florence Horse property.
Johnson Ranch Subdivision
If you are looking for information on homes for sale in Johnson Ranch or just information on Johnson Ranch real estate give us a call or visit our web site: http://www.queencreekrealestatesolution.com/
Saturday, October 18, 2008
New Home Construction in September
New Home Construction in September Tumbled
New-home construction took a bigger-than-expected tumble in September, putting the nation on track to build the fewest homes this year in more than six decades.
That's according to the latest report by the U.S. Department of Commerce. Construction of new homes and apartments across the United States dropped by 6.3 percent last month, a bigger decline than the expected 1.6 percent decrease.
By Edward Gately East Valley Tribune
While New Homes for Sale Queen Creek have gone way down, there are still some great bargains for buyers. Also, there are many great deals in Foreclosures in Queen Creek.
New-home construction took a bigger-than-expected tumble in September, putting the nation on track to build the fewest homes this year in more than six decades.
That's according to the latest report by the U.S. Department of Commerce. Construction of new homes and apartments across the United States dropped by 6.3 percent last month, a bigger decline than the expected 1.6 percent decrease.
By Edward Gately East Valley Tribune
While New Homes for Sale Queen Creek have gone way down, there are still some great bargains for buyers. Also, there are many great deals in Foreclosures in Queen Creek.
September Foreclosures Triple
September foreclosures triple previous year's total. Default Research, a provider of pre-foreclosure real estate data in the Phoenix-Tucson area, is reporting that foreclosure activity from September 2007 to September 2008 jumped 305 percent.
Foreclosures in Maricopa County increased 324.45 percent and in Pima 166.9 percent from the same month a year ago. In Maricopa County the hardest-hit cities were Phoenix (2,608), Mesa (684), Glendale (506), Surprise (335) and Gilbert (317). The hardest-hit cities in Pima County were Tucson (418), Vail (19), Marana (18), Sahuarita (13), and Oro Valley (six). Article by Ed Taylor 10/17/08 Arizona Tribune
While bad news for sellers, this is a great time for buyers. If you would like a list of Queen Creek Arizona affordable homes, go to our web site: http://www.queencreekrealestatesolution.com/
Foreclosures in Maricopa County increased 324.45 percent and in Pima 166.9 percent from the same month a year ago. In Maricopa County the hardest-hit cities were Phoenix (2,608), Mesa (684), Glendale (506), Surprise (335) and Gilbert (317). The hardest-hit cities in Pima County were Tucson (418), Vail (19), Marana (18), Sahuarita (13), and Oro Valley (six). Article by Ed Taylor 10/17/08 Arizona Tribune
While bad news for sellers, this is a great time for buyers. If you would like a list of Queen Creek Arizona affordable homes, go to our web site: http://www.queencreekrealestatesolution.com/
Friday, October 17, 2008
$700 Billion Bailout Package
Courtensey of Jarold Perkins & Mary Ellen Kohut (The Mortgage Advantage)
The 700 billion dollar bail out has the world markets on an unexpected terrifying roller coaster ride. Fear and innuendo are guiding the global stock markets that are in serious need of Prozac. Although each of us would appreciate a few million dollars and promise not to spend it on spa’s and expensive dinners like AIG did with a portion of their save –the- banks- money, our lifestyles will be affected if the banks cannot start to play nice with one other. If you are a small business, say an Arizona gnome maker in Phoenix, and your clients are in Japan, the gnomes are shipped by rail to L. A. and by ocean barge to Japan. Before the journey begins, the Japanese buyer provides a letter of credit to the Arizona gnome maker for money that will be wired to his Phoenix bank upon delivery. The Phoenix business owner takes the letter to his Phoenix bank to get credit to build more Arizona gnomes. The breakdown is between the Phoenix bank not accepting the line of credit to the gnome maker and the Japanese bank not extending the line of credit to the Japanese buyer. Suitcases of cash is not an acceptable form of payment for gnomes unless they are Colombian and the buyer is Tony Soprano.
The 700 billion dollar bail out has the world markets on an unexpected terrifying roller coaster ride. Fear and innuendo are guiding the global stock markets that are in serious need of Prozac. Although each of us would appreciate a few million dollars and promise not to spend it on spa’s and expensive dinners like AIG did with a portion of their save –the- banks- money, our lifestyles will be affected if the banks cannot start to play nice with one other. If you are a small business, say an Arizona gnome maker in Phoenix, and your clients are in Japan, the gnomes are shipped by rail to L. A. and by ocean barge to Japan. Before the journey begins, the Japanese buyer provides a letter of credit to the Arizona gnome maker for money that will be wired to his Phoenix bank upon delivery. The Phoenix business owner takes the letter to his Phoenix bank to get credit to build more Arizona gnomes. The breakdown is between the Phoenix bank not accepting the line of credit to the gnome maker and the Japanese bank not extending the line of credit to the Japanese buyer. Suitcases of cash is not an acceptable form of payment for gnomes unless they are Colombian and the buyer is Tony Soprano.
Queen Creek Real Estate Loan Rates 10/17/2008
Friday, October 17, 2008
"Do what you can, with what you have, where you are." ~Theodore Roosevelt
30 Year Fixed 6.625
Loan amounts up to $417,000
FHA 6.625
Loan amounts up to $346,250
VA 6.625
Loan amounts up to $417,000
30 Year Fixed Jumbo 6.750
Rate Quotes from The Mortgage Advantage
"Do what you can, with what you have, where you are." ~Theodore Roosevelt
30 Year Fixed 6.625
Loan amounts up to $417,000
FHA 6.625
Loan amounts up to $346,250
VA 6.625
Loan amounts up to $417,000
30 Year Fixed Jumbo 6.750
Rate Quotes from The Mortgage Advantage
Housing Economic Indicators
The National Assoication's (NAR) analysis of housing and economic indicators provides real estate professionals with tools to interpret the market and apply that knowledge to their business. In addition to NAR’s own existing-home sales series, NAR Research monitors other indicators such as new-home sales, housing starts, producer prices, mortgage rates and more...
Existing-Home Sales
Existing home sales fell 2.2% in August nationally. (PDF: 19KB)
August
Pending Home Sales Index
PHSI rose 5.3% to 89 (PDF: 15KB)
August
New-Home Sales
Down 11.5% from last month (PDF: 36KB)
August
Housing Starts
SAAR* of 817,000 units (PDF: 29KB)
September
Housing Affordability
123.3 — down 3% from previous month (PDF: 16KB)
August
Mortgage Purchase Application Index
Down .3% from last week (PDF: 37KB)
Week of Oct 10
Fixed-Rate Mortgage Rate
6.46% - up .52% from last week (PDF: 39KB)
Week of Oct 16
GDP
Up .1% from last Quarter (PDF: 38 KB)
Q2 2008
Consumer Confidence
Up 2.22% from a month ago (PDF: 40KB)
September
Employment Situation
Down 86,000 jobs since last month to -159,000 (PDF: 40KB)
September
Consumer Price Index
Up .1% 60 to .0% in September (PDF: 27KB)
September
Producer Price Index
Down .4% from the previous month (PDF: 30KB)
September
Retail Sales
Down 1.2% from the previous month (PDF: 39KB)
September
Existing-Home Sales
Existing home sales fell 2.2% in August nationally. (PDF: 19KB)
August
Pending Home Sales Index
PHSI rose 5.3% to 89 (PDF: 15KB)
August
New-Home Sales
Down 11.5% from last month (PDF: 36KB)
August
Housing Starts
SAAR* of 817,000 units (PDF: 29KB)
September
Housing Affordability
123.3 — down 3% from previous month (PDF: 16KB)
August
Mortgage Purchase Application Index
Down .3% from last week (PDF: 37KB)
Week of Oct 10
Fixed-Rate Mortgage Rate
6.46% - up .52% from last week (PDF: 39KB)
Week of Oct 16
GDP
Up .1% from last Quarter (PDF: 38 KB)
Q2 2008
Consumer Confidence
Up 2.22% from a month ago (PDF: 40KB)
September
Employment Situation
Down 86,000 jobs since last month to -159,000 (PDF: 40KB)
September
Consumer Price Index
Up .1% 60 to .0% in September (PDF: 27KB)
September
Producer Price Index
Down .4% from the previous month (PDF: 30KB)
September
Retail Sales
Down 1.2% from the previous month (PDF: 39KB)
September
To Blog or Not to Blog
To Blog or Not to Blog, That is the Question.
This is a summary of a great article published by Joeann Fossland in the Todays Buyers Representative (TBR Newsletter).
Blogging has been touted as the new answer to giving the consumer what they want. The first 10 years of the web was all about static information. Many are barely keeping their heads above the rising tide of available information and have found without interpretation, it is something to fear downing in without finding the foothold that leads to knowledge. The web has entered what's been dubbed as Web 2.0 and no, it isn't a program to buy or download. It is a description of the new way the web is being used: as an interactive playing field where community and participation bring opportunities previously lacking.
So what's this mean to you? At their most effective, blogs can give your business some solid benefits:
- Increase your status as a local expert
- Increase your website traffic
- Create interaction with your target market
- Provide the consumers with valuable information & resources
But, blogging isn't for everyone.
To decide if this is what you need to do, ask yourself a few questions:
- Are you willing to make a commitment to spend time weekly?
- Do you enjoy writing?
- Do you want to build some Internet business?
- Are you willing to invest in the learning curve to get up and running?
If the answer to most of these questions is no, blogging would probably turn into a chore that makes you feel overwhelmed and guilty. If the answer to most of these questions is yes and you haven't started blogging, you should consider this a part of your overall marketing plan and see where and how it fits. If building Internet business is part of your business plan, blogging makes sense and would be a place to budget time and money that was previously being used in other ways, like print advertising or postcard campaigns. In today's markets, a realistic appraisal of what is working and what isn't and some new strategies might be the answer to staying very competitive. Blogs help you inexpensively create that expert status that attracts client interest and builds your credibity.
Let us know what you think of this article and any comments you may have
This is a summary of a great article published by Joeann Fossland in the Todays Buyers Representative (TBR Newsletter).
Blogging has been touted as the new answer to giving the consumer what they want. The first 10 years of the web was all about static information. Many are barely keeping their heads above the rising tide of available information and have found without interpretation, it is something to fear downing in without finding the foothold that leads to knowledge. The web has entered what's been dubbed as Web 2.0 and no, it isn't a program to buy or download. It is a description of the new way the web is being used: as an interactive playing field where community and participation bring opportunities previously lacking.
So what's this mean to you? At their most effective, blogs can give your business some solid benefits:
- Increase your status as a local expert
- Increase your website traffic
- Create interaction with your target market
- Provide the consumers with valuable information & resources
But, blogging isn't for everyone.
To decide if this is what you need to do, ask yourself a few questions:
- Are you willing to make a commitment to spend time weekly?
- Do you enjoy writing?
- Do you want to build some Internet business?
- Are you willing to invest in the learning curve to get up and running?
If the answer to most of these questions is no, blogging would probably turn into a chore that makes you feel overwhelmed and guilty. If the answer to most of these questions is yes and you haven't started blogging, you should consider this a part of your overall marketing plan and see where and how it fits. If building Internet business is part of your business plan, blogging makes sense and would be a place to budget time and money that was previously being used in other ways, like print advertising or postcard campaigns. In today's markets, a realistic appraisal of what is working and what isn't and some new strategies might be the answer to staying very competitive. Blogs help you inexpensively create that expert status that attracts client interest and builds your credibity.
Let us know what you think of this article and any comments you may have
Anthem at Merrill Ranch
Sun City Anthem, located in the beautiful Sonoran Desert just southeast of Phoenix, Arizona. This Active Adult community offers unparalleled amenities in a resort-style setting for active adults such as the Poton Butte Golf Club operated by Troon Golf, widely regarded as one of the world's premier golf management companies, ensures pristine playing conditions, a challenging layout, and impeccable service. Your activities will center around the world class Sun City Anthem Union Center, with its state-of-the-art fitness facilities and its comfortable, neighborly social life. Now is a great time to buy with real estate prices at an all time low!
If you would like to search for resale homes for sale in this community, please go to our web site: http://www.queencreekrealestatesolution.com/35117-Florence-Anthem-At-Merrill-Ranch-AZ-RESCmty.aspx We are Anthem at Merrill Ranch Specialist!
If you would like more information on news homes, please give Sales Representative Kimberly Reynolds a call at (480) 861-1358 or (520) 413-6085. You can also email Kimberly at: kimberly.reynolds@pulte.com
If you would like to search for resale homes for sale in this community, please go to our web site: http://www.queencreekrealestatesolution.com/35117-Florence-Anthem-At-Merrill-Ranch-AZ-RESCmty.aspx We are Anthem at Merrill Ranch Specialist!
If you would like more information on news homes, please give Sales Representative Kimberly Reynolds a call at (480) 861-1358 or (520) 413-6085. You can also email Kimberly at: kimberly.reynolds@pulte.com
Thursday, October 16, 2008
Price and Value in Queen Creek Real Estate
While prices have been basically
flat, the price per square foot has
been heading downward. While not
a sign of broad strength in a
market, larger homes are coming
more available and buyers are
tending to get more home for their
money. The average price per square foot as of 10/01/08 in Queen Creek Real Estate was $77. This definately indicates a buyers market.
flat, the price per square foot has
been heading downward. While not
a sign of broad strength in a
market, larger homes are coming
more available and buyers are
tending to get more home for their
money. The average price per square foot as of 10/01/08 in Queen Creek Real Estate was $77. This definately indicates a buyers market.
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