Tempe, AZ Real Estate News

By Tony and Suzanne Marriott, Associate Brokers, Haven Express @ Keller Williams Arizona Realty
(Serving the Greater Phoenix and Scottsdale Metropolitan Area)
While there are far fewer people these days considering a Short Sale of their home in Tempe, there are still some who may have purchased just before the "bust" last decade who may owe significantly more on the home than the proceeds of the sale will bring. What to do? A Short Sale is one such solution. A Short Sale is a "regular resale" with one distinct and significant difference. The agreement of your lender(s) to accept less than the balance(s) owed on the loan(s). Whether or not a homeowner meets the other "requirements" of their lender(s) such as a "valid" hardship can only be determined by consultation with a skilled and experienced professional with a solid Short Sale track record - we recommend a minimum of 100 closed Short Sales with a 90%+ Short Sale List to Close ratio. The p...
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By Tony and Suzanne Marriott, Associate Brokers, Haven Express @ Keller Williams Arizona Realty
(Serving the Greater Phoenix and Scottsdale Metropolitan Area)
While the numbers of Short Sales and REOs in Tempe are way down from the staggering levels following the market crash about 10 years ago, there are still some properties "under water" and some that have received a Notice of Default, the first step in the process that will result in the Trustee's Sale on the courthouse steps. It's always sad to see people give up and walk away from a home, particularly when alternatives exist which may well be better for them and their lien holders. We've learned that often those who "opt" to let the home go to foreclosure "by default" often believe that their personal circumstances prevent them from doing a Short Sale.   Circumstances such as: Multiple Home Loans IRS Income Tax Liens Past Due Child Support Past Due HOA Fees ...and the list goes on. In r...
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By Tony and Suzanne Marriott, Associate Brokers, Haven Express @ Keller Williams Arizona Realty
(Serving the Greater Phoenix and Scottsdale Metropolitan Area)
Although we no longer see the levels of Short Sales that we did a few years ago in Tempe, Notices of Default continue to be issued, meaning that yet another Tempe property is on the path towards foreclosure at auction on the courthouse steps. Suzanne and I wonder why the owners would allow the property to go to foreclosure, rather than investigate alternatives that may be mutually beneficial to themselves and their lenders. Not all properties heading for foreclosure are necessarily "under water" - which theoretically means they could be sold via a "traditional" sale rather than a "short sale" - but circumstances may mean there are other liens attached or other factors that inhibit or prevent the owners from selling the property - whether or not it's a short sale. Short Sales are "regula...
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By Tony and Suzanne Marriott, Associate Brokers, Haven Express @ Keller Williams Arizona Realty
(Serving the Greater Phoenix and Scottsdale Metropolitan Area)
  While the Short Sale days of the previous decade are for the most part behind us, the reality is that there are still hundreds of homes "under water" in Arizona.   While it's true that not every property facing foreclosure in Tempe is "under water", may of them are, and unfortunately many homeowners still don't understand that the likelihood is they will be far better off doing a Short Sale of their Tempe home than allowing their Tempe home to be sold at auction on the courthouse steps!    Short Sales are "regular resales" with one big difference.     Your lender(s) must agree to accept less than the amount(s) owed on your loan(s).   While there are many details regarding Short Sale Seller financial circumstances and the hardship they face, the bottom line is that most lenders prefer ...
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By Shanna Day Team Leader AZ & UT - Call 480-415-7616, Top 0.33 of 1% of 79,000 AZ Realtors
(Keller Williams Realty EV (AZ) & Keller Williams SLC (UT))
Tempe Healing Field 2017: Remember. Honor. Heal.Brought to us by the Tempe Exchange Club and the City of Tempe, the nation’s longest running Sept. 11, 2001 tribute event returns September 8th, Friday and will be open daily from 6 A.M – 8 P.M. until September 11th, Monday. With one American flag honoring each person who died on September 11, 2001, the Healing Field Memorial will host three thousand 3’X5′ flags standing 8′ tall in perfect rows at Tempe Beach Park in a beautiful display and a patriotic tribute to the strength and unity of Americans.Come walk through the field paying your respects and reading the biography tags attached to each flag. Flags for 1st responders will be marked with yellow ribbons while members of the flight crews will have blue ribbons. Soldiers & veterans will...
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By Chris Dunham, The Real Estate Guy™
(Brokers Hub Realty)
Tempe Home for Sale - Home on a Cul De Sac Lot for SaleLocated just off McClintock and Gaudalupe, this single level, slump block home has been updated and upgrade from the floor to the ceiling. This Home for Sale in Tempe has 3 large bedrooms, 2 bathrooms a formal living room along with a Great Room. The Kitchen is up to today's standards. Large Kitchen Island with plenty of room for Bar Stools at the Breakfast Bar. This Tempe home for Sale sits on a nearly 12,000 square foot, cul de sac lot. A custom built 32 foot floating patio deck, extends the covered patio to run the length of the home. North-South exposure along with Alley Access and an RV Gate for RV Parking. NO HOA. The bathrooms have been updated and upgraded as well with custom travertine surrounds and a bonus Jetted Jacuzzi t...
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By Tony and Suzanne Marriott, Associate Brokers, Haven Express @ Keller Williams Arizona Realty
(Serving the Greater Phoenix and Scottsdale Metropolitan Area)
  There are still hundreds of homes "under water" in Arizona.   In other words - the homes are worth less than the mortgage balance(s) - so it's not surprising that many homeowners are looking for solutions to stop foreclosure.   One solution to stop foreclosure and mitigate damage to a homeowner's credit is a Short Sale.   Short Sales are "regular resales" with one big difference.   Your lender(s) must agree to accept less than the amount(s) owed on your loan(s).   While there are many details regarding Short Sale Seller financial circumstances and the hardship they face, the bottom line is that most lenders prefer to stop foreclosure in favor of processing a Short Sale where the Seller is able to procure a Fair Market Value contract for their home.   After all, why foreclose on a home...
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By Matt Horton, North Scottsdale Real Estate
(Platinum Living Realty)
Tempe Real Estate, Tempe homes for sale, Tempe Park Place on Broadway, 2016 E. Hammond Dr. #104, Tempe, AZ 85282, Tempe Realtor Matt Horton480-227-3311 www.TheHortonTeam.comINVESTORS...Looking for a GREAT updated property with 4 bedrooms, 3 baths in a great little enclave in Tempe called Park Place on Broadway??  Easiest rental, desired community with Cobblestone Streets BUILT in 2000!   Tenant must rent back from buyer  until MAY 2018!  Incredible Investment Opportunity!  Built in Tenants until May 2018!  Parents of ASU, lock this up for next year!  4 bedroom/3 bath home makes this a cash flow Opportunity!!  All the upgrades/updating has been done for you...a true turn-key place! Bike to ASU or short hop to 60 or 10 freeway with 101 only a couple miles away. 4 parking spots: one car ga...
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By Jan Green - Scottsdale, AZ, HomeSmart Elite Group, REALTOR®, EcoBroker, GREEN
(Value Added Service, 602-620-2699)
Looking for something diferent to do?   Plan to attend the 4th Annual Beer Olympics!    Sponsored by New Times, the event will be held at Tempe Marketplace at the District Stage.   There's plenty of time to form your team before this event.  Make sure to create a themed costume for prizes.  Search for tickets here.  August 18, 2017,  8 - 11 pm Enjoy  SOME of the games:  Flip cup races Corn HoleGiant Beer PongJenga Make sure to get a scorecard as each game offers points for playing.  Awards are for Triathalon, Decathalon, and make sure to dress up as there's an award for Team Costume! So plan your designated driver, your costume, and come out the 4th Annual Beer Olympics, Tempe Marketplace, 8/18/17.  Sponsored by Tempe Marketplace and the New Times.  Here's a look at the 2015 Beer Olympi...
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By Brian Dunshie, Realtor - Arizona Biltmore,Arcadia,Paradise Valley
(Russ Lyon | Sotheby's International Realty)
Thinking of buying in Downtown Tempe? There's nothing on the market as amazing as Sienna Court Lofts - call us for a tour. Find details at https://ArizonaParadiseLiving.com/sienna_court_lofts.htm  Welcome to Sienna Court Lofts : A Modern enclave, of nine custom designed town homes, developed by Rhombus LLC.  Located within the walk friendly Ash neighborhood within the desirable downtown Tempe. The Loft residences at SCL are a contemporary interpretation of the style and craftsmanship of the Arts & Crafts movement from a century ago. From the brick red and grey architectural masonry walls, to the accents of galvanized metal, aluminum and stainless steel, low maintenance  and timeless design are the assets of the exterior.    Vertical grain, Douglas Fir, detailed in a Craftsman Style, tri...
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By Chris Dunham, The Real Estate Guy™
(Brokers Hub Realty)
Home for Sale in Tempe - Tempe Homes with 5 BedroomsLooking for a 5 bedroom home For Sale in Tempe? Look no further! This Tempe Home is located just off McClintock and Guadalupe and is located within the Kyrene School District. This single level Tempe Home for Sale has 5 large bedrooms as well as 2 full bathrooms.  The home has gone through upgrades over the last few years, which includes granite counter tops, updated and upgraded kitchen and bathroom cabinetry. The home has mature landscaping front and back and is over 2,100 square feet. Did I mention the 2 car garage? Yep, has that as well. Priced at a cool $349,900, reach out today to arrange your exclusive showing by calling 1-855-RLS8GUY or online at Chris@RLS8GUY.com  
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By Tony and Suzanne Marriott, Associate Brokers, Haven Express @ Keller Williams Arizona Realty
(Serving the Greater Phoenix and Scottsdale Metropolitan Area)
While the number of homes "under water" in Tempe is significantly less than just a few years ago, some homeowners who purchased just before the "crash" that started in 2007 are still in a position where they owe more on their home than will be forthcoming from proceeds of a sale of the home. If you need to sell your home, and you are in this situation, a Short Sale is one solution to this situation. By definition a Short Sale is a regular resale with one distinct and significant difference. The agreement of your lender(s) to accept less than the balance owed on the loan(s). Whether or not you meet the other "requirements" of your lender(s) such as a "valid" hardship can only be determined by consultation with a skilled and experienced professional. There should be no upfront charge for ...
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By Karen Jones, With you from start to finish! NMLS 307015
(Altitude Home Loans)
Karen Jones, Senior Mortgage Loan Officer is happy to introduce Todd Deacon and his new listing in Tempe, AZ.Realtor Todd Deacon, Real Estate Agent is showcasing the 4 Bedroom Short Sale in Tempe, AZ, Close to ASU.  Please contact Todd Deacon directly at 623-293-2660 and he will arrange a showing for you.View our Virtual Open House Here. 513 East Wesleyan Drive Tempe, AZ 85282 4 bedroom 3 bath for Sale in Tempe, AZ near ASU Price : $345,000 Bedrooms : 4 Bathrooms : 3.00 Square Foot : 2,010 County : Maricopa County Property Type : Single Family Year Built : 1962 MLS Number : 5579850 click for more information and pictures Property Description This 4 bedroom home is a short sale opportunity. This amazing 4 bedroom 3 bathroom  features a fireplace along with a 2 car garage in Tempe. This g...
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By Troy Erickson AZ Realtor (602) 295-6807, Your Chandler, Ahwatukee, and East Valley Realtor
(HomeSmart)
Tempe has been ranked #7 on a list of top up-and-coming tech cities where you can afford a home. Our very own Tempe, Arizona has been ranked #7 on the list of up-and-coming tech cities where it is still affordable to own a home. In case you didn't know, technology/engineering is the United States' fastest-growing industry. This article on Realtor.com ranked the 500 largest U.S. cities by these tech-savvy factors, and then eliminated those where housing affordability was out of whack, even for a decently paid engineer or developer.​ Click here to see all Tempe Arizona Homes For Sale   Percentage of employment in the tech industry Share of technology/engineering jobs out of all job postings on indeed.com and Dice.com Operations of major tech companies, including Google, Amazon, Apple, Mic...
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By David Alan Baker | Laveen & South Phoenix Realtor, Your local Expert
(Keller Williams Realty Phoenix)
Average Condo Selling Time Tempe Az | April 2017 How long will it take to sell a condo in Tempe Az?  This is one of the top two questions that condo owners in the Tempe area will ask when considering the sale of the property.   The other question really is how much is their property worth? Knowing the average time to sell a property can truly help a home owner make their plans.  For example, if one is graduating from college, has already lined up a great job in another part of the country, how much time is needed before departure to make the transition as seamless as possible.  Last thing one wants it to have to delay the start of a new job, because they still have not sold their condo.  Whatever reason one has to sell, I would like to provide this information, so one can plan according...
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By David Alan Baker | Laveen & South Phoenix Realtor, Your local Expert
(Keller Williams Realty Phoenix)
Average Condo Selling Time Tempe Az | February 2017 How long will it take to sell a condo in Tempe Az?  This is one of the top two questions that condo owners in the Tempe area will ask when considering the sale of the property.   The other question really is how much is their property worth? Knowing the average time to sell a property can truly help a home owner make their plans.  For example, if one is graduating from college, has already lined up a great job in another part of the country, how much time is needed before departure to make the transition as seamless as possible.  Last thing one wants it to have to delay the start of a new job, because they still have not sold their condo.  Whatever reason one has to sell, I would like to provide this information, so one can plan accord...
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By Karen Jones, With you from start to finish! NMLS 307015
(Altitude Home Loans)
Karen Jones, Senior Mortgage Loan Officer, is happy to introduce REALTOR, Todd Deacon located in Arizona.Todd Deacon, Real Estate Agent from DPR Realty, LLC is showcasing this beautiful Best Priced Luxury 2 Bedroom Designer Condo for Sale in Tempe with Lake Views.  For your private showing, please contact Realtor Todd Deacon at 623-293-2660. View our Virtual Property Tour Here. 140 E RIO SALADO Parkway Tempe, AZ 85281 2 Bedroom Luxury Condo for Sale in Tempe, AZ Price : $649,000 Bedrooms : 2 Bathrooms : 2.00 Square Foot : 1,715 County : Maricopa Property Type : Condo, Townhome Year Built : 2008 MLS Number : 5563397 click for more information and pictures Property Description Best priced luxury 2 bedroom designer condo with lake views for sale in Temple.  Talk about location, location, l...
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By Jeff Masich-Scottsdale AZ Associate Broker,MBA,GRI, Arizona Homes and Land Group/ Buy or Sell
(HomeSmart Real Estate)
Looking to move to Tempe, Arizona home of Arizona State University Sun Devils? A city bordering the Salt River and Tempe Town Lake, next door to Scottsdale, and home of many University activities. See homes for sale in Tempe.                                  Tempe Town Lake marina borders ASU and Scottsdale to the north Tempe has an active college experience from activities and street fairs on Mill Avenue to events on the Tempe Town Lake to nice suburban homes. Bordering Tempe is Scottsdale, Arizona which is constantly selected by independent reviews as one of the best cities to live in the US. Characterized by great weather, sunsets, mountain views, "foodie" city, resort hotels, golf, shopping, sports and entertainment, excellent schools, bike paths, desert hikes and more, Tempe and Sc...
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By Chris Dunham, The Real Estate Guy™
(Brokers Hub Realty)
Tempe Home for Sale - 4 Bedroom Home in Tempe for SaleThis Home for Sale in Tempe was built  in 1975 by Knoell Homes, featuring 4 bedrooms, 2 bathrooms and a two car garage (currently converted to an added storage, can be easily transformed back to a true 2 car garage) This Tempe Home For Sale sits on a larger than most lot as it sits on a cul de sac lot. The home features a swimming pool, that is need of some work. The overall value of this home is near $290,000. Most of the work has been done, all that is left is remodeling the kitchen and Bathrooms, along with the pool and back yard landscaping. An absolute Steal at $234,900. Make this Home for Sale in Tempe a must see by reaching out to me today at 602-321-6188 or RLS8GUY.com 
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By David Alan Baker | Laveen & South Phoenix Realtor, Your local Expert
(Keller Williams Realty Phoenix)
One of my favorite areas in Phoenix is Tempe around Mill avenue.  Course in my younger years, when I was back in college i'd come out toward the Phoenix area and Mill avenue was where the nightlife was.  It was college central for all the cool bars, up and down both sides of the street.  There was nice bars, dumpy bars and several in between.  Course, that was about 20 years ago, and a lot has changed.  While a lot of the area still remains with eateries and pubs, it has become a lot more......commercialized.  Yet, it is still a great area.The area around Mill avenue in tempe has a lot to offer.  See some of the photos below I took while out for a walk with my son this past week.Also, since I am a realtor and do work the Tempe and Mill ave area, I'd like to make sure and share some of m...
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