As of the end of April 2007, I monitored the sales activity for the following zip codes in Phoenix Arizona.     The results were as follows:             STATUS             ZIP CODE          QUANTITY          AVG LIST PRICE          AVG SALE PRICEPending  8502244$356,775.00 $0.00 Sold  8502247$374,536.15 $365,308.51 Pending  8502325$352,210.56 $0.00 Sold  8502328$272,648.11 $266,651.79 Pending  8502447$336,504.21 $0.00 Sold  8502425$331,027.60 $324,416.00 Pending  8502728$235,182.14 $0.00 Sold  8502747$244,025.00 $238,954.74 Pending  8503262$331,251.44 $0.00 Sold  8503277$294,548.69 $286,945.45 Pending  8505328$250,313.79 $0.00 Sold  8505323$255,795.65 $238,469.57 Pending  8508521$458,022.67 $0.00 Sold  8508534$453,275.79 $435,004.65 If you have any questions about the real estate market... 05/14/2007

Latest Ahwatukee Market Statisticsby Kaushik Sirkar, Chandler REALTOR®Chandler AZ Real EstatePlease find enclosed, per ARMLS, statistics for Ahwatukee during the last 30 days.Active - 130 Properties FoundSquare FeetBedroomsBathsList PriceSale PriceAgent DOM Cumulative DOM Min70711 $ 150,000$0 11Avg199232.28$ 392,778$0 105121Max534154.5$ 1,795,000$0 386526AWC - 4 Properties FoundSquare FeetBedroomsBathsList PriceSale PriceAgent DOM Cumulative DOM Min162332 $ 299,000$0 4444Avg190732.25$ 318,225$0 7272Max204642.5$ 339,900$0 9090Pending - 11 Properties FoundSquare FeetBedroomsBathsList PriceSale PriceAgent DOM Cumulative DOM Min87421 $ 225,000$0 1414Avg181732.18$ 355,427$0 8396Max282143$ 724,000$0 260260Sold - 14 Properties FoundSquare FeetBedroomsBathsList PriceSale PriceAgent DOM Cumulati... 05/10/2007

"SPURned" the San Antonio SPURS head back to San Antonio with round 2 of the western conference NBA semifinal playoff series tied 1-1 against the Phoenix Suns.  Today's game was awesome...the crowd were on their feet for just about the entire game and moreover as a show of support for none other than Mr. two time MVP, Steve Nash - fans came out with band aids covering their noses after what happened to Stevie in Sunday's game.So Phoenix fans, we need your full support...are you bleeding orange????Cheers,Uzi HusainArizona Realtor, serving Goodyear & The Phoenix metropolitan area 05/08/2007

The hub of life in Desert Ridge in North Phoenix is the Desert Ridge MarketPlace.  Not many people would typically admit that life in a community revolves around a shopping center, but in this case, there is a lot to offer.  As the shopping center's web site states so well -"A complete shopping experience.  As Arizona's premier shopping, dining and entertainment destination, Desert Ridge Marketplace delivers the ultimate shopping experience in a distinctive outdoor setting. Immerse your shopping senses in a unique blend of specialty retailers, restaurants and entertainment venues spread over 110 acres. The center's 1.2 million square feet of retail space - home to over 110 retailers and restaurants - bursts with color, energy and fun, creating a one-of-a-kind lifestyle destination you'l... 05/08/2007

Shopping for a mortgage?  Good for you!  Most originators in today's marketplace are order takers or paper processors and offer you little or no value. They operate as functionaries, and as such, are in your way to affordable mortgage terms. If you are going down the path to find the absolute best mortgage terms, good luck!  You'll probably end up with the least competent loan originator who can ultimate costs you thousands of dollars.READ:  You'll NEVER get the lowest rate on your mortgage.I know why you, the Arizona mortgage shopper, are doing this.  Mortgage loan originators in Arizona are as plentiful as dead scorpions in your garage in August (and about as useful, too).  Be careful, though!  These little useless pests can sting you even though they appear to be dead. READ:  How Mor... 05/07/2007

Excellent Opportunity to Own Your Own Town House! in Phoenix Arizona2012 W Highland Ave # 108, Phoenix AZ 85015 $145,000, 2 Bedroom, 1.75 Bath, Approxiomately 1544 Sq. Ft.  This single level spacious home has an open floor plan with large rooms and plenty of windows that let in the natural light.  You will find plenty of storage and counter space in the galley style kitchen.  Invite your friends over to enjoy the Outdoors in your private red brick courtyard perfect for entertaining and relaxation.  This is a very well maintained complex just across from the clubhouse and community pool.  Visit our website at http://www.theromeroteam.com/ to see property photos and call our office to arrange your personal showing.  Buyer to verify all figs, info, and measurements. Front Living Room Maste... 05/06/2007

In today's Arizona Republic, Catherine Reagor's column reported that while foreclosures and mortgage delinquencies have increased in the Phoenix market this past year, but Arizona still ranks low overall in the nation on this metric. In fact, Arizona in the bottom 10 in the U.S.Reagor gives the large appreciation in the 2004-2005 period a great deal of credit in keeping the Arizona foreclosure rate as low as it is. She states the equity has allowed some homeowners to either sell even or with extra equity, or refinance out of costly loans into better long term solutions.I hope continued growth will also help. Maricopa county still has 300+ peoople moving here  a day! These folks are not going to live under a rock in the desert.  They will require homes. While the resale and new market ha... 05/06/2007

Sonoran Foothills is a fine community in the North Gateway Village of Northern Phoenix.    Sonoran Foothills is nestled among the foothills and has picturesque views.   Sonoran Foothills has an active community center with activities such as swimming lessons, tennis, bunco, poker, and many other amenities.There were 4 homes sold in Sonoran Foothills for the month of April 2007.  The average list price of these homes was $496,437.50 and average sale price was $457,462.50.    As of April 30, there were 6 homes under contract.     The average list price of these pending homes was $452,779.17.    As of the end of the month, there were 101 active listings in Sonoran Foothills.    The average list price of these homes was $604,364.38. For more information about Sonoran Foothills or other fine... 05/03/2007

PhoenixArizonaPhoenix realestatePhoenix,AZ real estate phoenix az real estate realestateahwatukee real estate 04/30/2007

Golf? Sure but everyone knows that...Shop? of course...Art Scene? absolutely...Fine dining? d'uhsports? ok, please refer to the above?Wine tasting? Whaaaaaaaaaaat....Olive Oil mill? HuhTombstone? yeah I knew about that...wait a minute back up to the wine tasting and the olive oil mill...I was at a Farmers Market lately and what do you know...I discovered that we have an olive oil mill in Queen Creek, az.  So, if you're slicing on the green, still full from brunch, don't particularly want to drop some benjis at the galleries in old town scottsdale or downtown then don't worry...get in your car and take a 45min drive heading East on the I-10 towards Tucson and head over to the mill.  Afterall, Arizona is full of surprises and this one makes a nice souvegnier as well...Cheers,Uzi HusainAri... 04/26/2007

I know this is not a real estate topic, but I wanted to discuss something bugging me since the last suns playoff game. I live in phoenix and I am a season ticket holder for the Phoenix Suns. I have been to plenty of games where Kobe Bryant or Dirk Nowitski are boo'ed when they come out or chanting "Kobe Sucks".... this is all in good fun. The teams greet each other with handshakes and bear hugs at the start of each game.In the 4th Quarter of last nights game Kobe Bryant was injured. I dont know his status now but I dont think it was that serious. Never the less, he was down, and obviusly in pain.... the minute they realized he was down, thousands of fans were on their feet, chanting and screaming, laughing and joking.Dont get me wrong... I am a die hard suns fans and cant stand Kobe Bry... 04/25/2007

I am very pleased to be opening a new chapter of BNI right here in Phoenix Arizona! Since opening up the doors for this new chapter I've been inundated with requests to join and as you know there is only ONE spot for each area of expertise. I do have many REALTORS, Appraisers, Title Agencies and personal friends in those groups who would likely want to join, but I will remain completely objective. That means if you are interested and live in the Phoenix Arizona Metropolitan area feel free to email me or contact me for more details. The purpose and intent of this group is not just for referrals, but building a powerful group of successful professionals. That means I will personally screen ALL applicants to ensure the utmost in professionalism. We are focusing on bringing in as many refer... 04/24/2007

As of the end of March 2007 there were 79 homes on the market in Desert Ridge.    These homes had an average list price of $567,303.  There were nine homes sold during the month of March 2007.    These homes had an average list price of $486,955 and average list price of $473,594.       Desert Ridge also had 13 homes pending as of March 31, 2007.     These homes had an average list price of $508,361.   For more information about homes in Desert Ridge or the Phoenix Real Estate market, please visit my website at www.donrichhomes.com.   04/24/2007

On Monday we heard from a Buyer's Agent that his Buyer was cancelling the contract based on an "Unfulfilled Loan Contingency".  This happens from time to time - but it's always important to carefully review the loan denial from the lender - and to dig deeper if it appears the original "pre-approval" should never have been issued. Based on further discussion with the lender and the explanation they provided for the loan denial, I drafted the following letter to the Title & Escrow company for my Seller's signature: In reference to the previous correspondence regarding the LSR and subsequent loan denial, I draw your attention to the following statement made by the Buyer's Lender. "In addition, we were using $600 a month income from rent received by the applicant's mother and we needed to d... 04/21/2007

Yesterday before the game I volunteered with my husband and The American Muslim Women's Association (AMWA)  at the Watkins shelter for a meal drive. The shelter located off of 7th Ave and Watkins in downtown Phoenix is home to single women and families.  For sometime the shelter operated as an overflow facility and is currently undergoing construction. Nonetheless after food was served we got to tour the facility.  Those at the shelter are usually in a transient phase before they can get back into society and on their own feet.  We had children with us as well and I think anytime one can volunteer and help a fellow human being out there is something wonderfully rewarding about that.  So I urge you to go out and volunteer.  If not at the Watkins center, somewhere else, whatever you can d... 04/18/2007

This year our Mortgage Originator's Mastermind Seminar is being held at the luxurious Ritz Carlton Hotel in the heart of the Biltmore in Phoenix, Arizona. I am pleased to be bringing in speaker Barry Habib along with many other successful loan officers in our industry. The purpose of this seminar is to bring loan officers a fresh new look at today's market and equip them with the tools they need to not only survive in this market, but thrive! This is a comprehensive seminar on what every loan officer should know and needs to know to be bringing in business today. If you want to fund more loans, bring in more leads, and becoming even more successful you simple MUST come to this years event! This seminar is ideal for new and tenured loan officers looking to set themselves apart from their... 04/17/2007

An analysis courtesy of our Team Leader at the office...I thought I'd share some of the highlights of Susan's analysis...The data was compiled off the ARMLS and includes 36 months aggregate, including March 2007 figures...The number of sales in March increased to its highest point since August of 2006 The number of new listings increased over the prior month by nearly 3,000 properties, (as of 4/17, there are currently 51,653 active listings--this is a significant increase over any prior months). The pattern of listings and sales continues to be similar to the prior 35 months.The AVERAGE sales price increased $13,000; March was the 2nd highest average sales price during the 36 month period. Days on market dropped by 6 days; however, this is still the 3rd highest DOM average in the 36 mon... 04/17/2007

Friday night I was at the game and it was NASHville alright!!!  The Suns victory over the Lakers not only once again energized the SUNS who went on to beat the UTAH Jazz over the weekend but for all of us SUNS fans it was a vindication of sorts that reinforced why the SUNS are the best team in the league and will go on to win the NBA title this year...finally!  I know we lost to the Rockets last night but tonights game with the Clippers is the last of the season and I hope to give you a play by play account tomorrow of the experience.  With the playoffs just a week away I thought for the next few days I'll focus on a lot of Suns trivia and pictures from the US Airways center and the game etc.So feel free to leave me a comment, I need all you SUNS fans to do your share...this is our year... 04/17/2007

04/16/2007

04/16/2007