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Oct 12/12 Weekly Phoenix Real Estate Update

Oct 12/12 Weekly Phoenix Real Estate Update
Limited supply pushes Arizona home prices up
The latest numbers on home prices and home sales in Arizona suggest that more people are jumping into the market. In the Phoenix metro area, the median price of single-family homes hit $150,000 in August – up 33.7% from a year earlier, according to a report by ASU’s W.P. Carey School of Business. Meanwhile, sales of new homes were up 55% and resales that didn’t involve investor flips, short sales or foreclosures were up 81% from August 2011. The overall supply of Phoenix homes in August was down 28% from August 2011. The lack of supply results from fewer foreclosures and the small number of homeowners willing to sell caused by many waiting for prices to rise.
Read article – KTAR

How to spot hidden problems in older homes
Water is the number one cause of damage in all homes, especially older ones. Look for missing or damaged roof shingles, rotted or loose trim boards, and disconnected or plugged-up gutters and downspouts. Problems with gutters and downspouts are the biggest cause of water damage – they must be cleaned and checked regularly. Check the grade at the perimeter of the house – settling near the foundation may indicate water in the basement. Any home over 40 years old is a likely candidate for having an outdated electrical system. Check the electrical panel for the amperage rating – modern homes require at least 100 amps and many require much more. Older homes may have “fuse boxes” rated for 60 amps or less.
Read article – Yahoo!

Want to know more about the Phoenix Scottsdale home scene? Call or email mary@marymaxie.com for free info on the following:
*Register for frequent MLS updates on your new Arizona Home at mary.maxie@pruaz.com
*Disclosure issues affecting Phoenix Home buying
*Shopping, Golf, Sports, Critter Report, Arizona Living
*Maxiemize Lifestyle with PhoenixAreaCanadianRealtor 602-738-6597
Mary Maxie, Associate Broker, Prudential Arizona Properties
Frequent updates at my blog www.marymaxie.com

Mary’s Funny but X-Rated Real Estate Stories

http://youtu.be/VfLMMPxt5FY Mary’s Funny but X-Rated Real Estate Stories
Gotta love the ingenuity of this realtor from Australia who is trying to sell a house. I’d buy it if this guy was included in the price…
Want to know more about the Phoenix Scottsdale home scene? Call or email mary@marymaxie.com for free info on the following:
*Register for frequent MLS updates on your new Arizona Home at mary.maxie@pruaz.com
*Disclosure issues affecting Phoenix Home buying
*Shopping, Golf, Sports, Critter Report, Arizona Living
*Maxiemize Lifestyle with PhoenixAreaCanadianRealtor 602-738-6597
Mary Maxie, Associate Broker, Prudential Arizona Properties
Frequent updates at my blog www.marymaxie.com

GE recalls front load washers–injury hazard

General Electric has recalled GE Profile front load washers because the washer’s basket can separate during use & break the washer’s top panel, posing an injury hazard to comsumersThe washers were sold in gold, red & white colors. The machines were sold between July 2008 & August 2011. Owners of these units are urged to stop using them immediately & to call your supplier who can make repairs. Find out more at www.geappliances.com/products/recall

Mary’s Funny Real Estate Stories

Walked in to show a house, & every room was carpeted in bright screaming, Santa Claus, fire engine RED! Except for one room that was neon green! What were they thinking? Red is my favorite color, but this even hrt MY eyes!

Want to know more about the Phoenix Scottsdale home scene? Call or email mary@marymaxie.com for free info on the following:
*Register for frequent MLS updates on your new Arizona Home at mary.maxie@pruaz.com
*Disclosure issues affecting Phoenix Home buying
*Shopping, Golf, Sports, Critter Report, Arizona Living
*Maxiemize Lifestyle with PhoenixAreaCanadianRealtor 602-738-6597
Mary Maxie, Associate Broker, Prudential Arizona Properties
Frequent updates at my blog www.marymaxie.com

Phoenix Real Estate Booming!

Phoenix home values to outpace the nation in 2012
Phoenix home values are forecasted to experience the largest national gains in 2012. Zillow’s report for the first quarter of 2012 predicts Phoenix home appreciation rising 6.5% between March 2012 and March 2013 – the largest growth amongst the 30 major metros included in the report. “In Phoenix, your February-to-March change is 1.4 percent, which is really quite extra ordinary,” said Stan Humphries, Zillow’s chief economist. Humphries explains that Phoenix has be experiencing “very fast monthly appreciation,” a pattern that has led to the Zillow to forecast this substantial increase in home values in the next year.
Read article – Phoenix Business Journal

Low-ball Offers a Thing of the Past?
According to a NAR survey this March of 4,500 agents and brokers, no REALTORS complained about low-ball offers. The main problem nowadays: The sudden drop in inventory of for-sale homes has led to fewer homes available to sell. For home buyers who still think they have a chance of hitting it lucky with a low-ball offer, they’re finding in many markets that their offers are more often being rejected or countered closer to the original asking price.
Read article – Realtor Magazine

Want to know more about the Phoenix Scottsdale home scene? Call or email mary@marymaxie.com for free info on the following:
*Register for frequent MLS updates on your new Arizona Home at mary.maxie@pruaz.com
*Disclosure issues affecting Phoenix Home buying
*Shopping, Golf, Sports, Critter Report, Arizona Living
*Maxiemize Lifestyle with PhoenixAreaCanadianRealtor 602-738-6597
Mary Maxie, Associate Broker, Prudential Arizona Properties
Frequent updates at my blog www.marymaxie.com

Phoenix’s Crazy Real Estate Market

Phoenix’s Crazy Real Estate Market
If you don’t like the real estate market in Phoenix & the Valley of the Sun , just wait a minute, it’s sure to change. Here are a few observations, just in the last several weeks:

1. There are more and more listings coming on the market, but buyers are being shut out, unless they have cash in hand, & are ready to bid way higher than list price.
2. I’m getting lots of email flyers from realtors who are advertising that their listings are “pre-MLS” There is such great compeitition to buy almost anything on the market, that houses are being sold before they go on MLS, & are coming onto MLS as already under contract. One realtor tour last week touted that 6 out of 10 houses on tour were pre-MLS.
3. Since buyers don’t always have the luxury of thinking over their purchase before they make an offer, they may have the highest bid, but after thinking about it, they let it go, & it comes “Back On Market” in MLS. Investors who are bidding sight unseen, often figure out after they win the bid that they can’t rehab, and sell, and make a profit, so they let it go back on the market.
4. If the house was bid up above list price, which many are, and the buyer in first position backs out, then it comes back on the market at the bid that was highest over list price, so we see “Back On Market” at a higher price than a couple of weeks ago.
5. I am seeing more higher priced houses on the market these days. The over $300,000 houses stay on the market a bit longer, but ultimately they also go for more than listed prices.
6. Even in December 2011, you could still find houses for under $100,000 in the main areas of the valley. Now you are not seeing anything under $100,000 unless you are a long ways out.
7. There are not nearly as many bank owned/foreclosures coming onto the market as there were even a few months ago. Short sales are more common as banks try & mitigate their losses by allowing short sales instead of forcing foreclosure, even if the seller hasn’t paid mortgage payments for months.
8. Buyers expecting to get a bargain, are surprised to find escalating prices and bidding wars. Buyers who need mortgage approval & appraisals are getting shut out by investors.
9. Investors now make up around 50% of the buyers, & Foreign nationals, such as Canadians make up another 24%. There’s not much left for the ordinary person who just wants to buy one house.

If yu want up to date information on home buying in Arizona, Call or email mary@marymaxie.com for free info on the following:
*Register for frequent MLS updates on your new Arizona Home at mary.maxie@pruaz.com
*Disclosure issues affecting Phoenix Home buying
*Shopping, Golf, Sports, Critter Report, Arizona Living
*Maxiemize Lifestyle with PhoenixAreaCanadianRealtor 602-738-6597
Mary Maxie, Associate Broker, Prudential Arizona Properties
Frequent updates at my blog www.marymaxie.com

Arizona Short Sale Points to Ponder

Arizona Short Sale Points To Ponder

Have you ever thought about a short sale on your home? Are you underwater but still managing to make your payments every month? Or maybe you have no idea what to do do next, & have had to stop making mortgage payments?

I’d be happy to sit down and explain a few things to you, and help you make the life-changing decision you will eventually have to face if you can answer ‘yes’ to any of the above questions.

I can give you information on the newest plans for folks such as you from banks, government and real estate buyers and investors. The only thing that remains constant is change, and as your real estate professional, I spend many hours each week in contact with bankers, investors, and short sale lawyers, accountants and other advisors to keep up to the minute on what’s happening in the marketplace. It changes almost daily, wo what you thought last week, or read in last week’s media may not be valid this week or next week.

Let’s talk about the following:
1. Avoiding foreclosure & the future problems that foreclosure can cause
2. Find out about forgiveness of deficiency
3. In many cases, dings to your credit score can be avoided or minimized
4. Yes, you can begin to rebuild your real estate assets immediately
5. After a short sale, there are non-traditional financing options available
6. Cash for keys from the bank
7. Sooner is better than later to deal with underwater housing
8. Short sales usually bring a higher value than a foreclosure
9. Laws continue to change, very quickly and very often, so stay up to date

Want to know more about the Phoenix Scottsdale home scene? Call or email mary@marymaxie.com for free info on the following:
*Register for frequent MLS updates on your new Arizona Home at mary.maxie@pruaz.com
*Disclosure issues affecting Phoenix Home buying
*Shopping, Golf, Sports, Critter Report, Arizona Living
*Maxiemize Lifestyle with PhoenixAreaCanadianRealtor 602-738-6597
Mary Maxie, Associate Broker, Prudential Arizona Properties
Frequent updates at my blog www.marymaxie.com

Internet Tips You can use from Phoenix AZ

Internet Tips You can Use from Phoenix, AZ
Bookmark To Return Later: The Internet is crammed with interesting articles and sites. Many times we don’t have time to read them all at once. Instapaper is a quick and easy solution. It adds a bookmarklet to your browser that you can click when you want to save a page. You can return to the Instapaper website later to read the articles. You can download the articles to print out, or load them to your e-book reader. There’s even an iPhone app!

http://www.instapaper.com/

Help With Planning A Home Remodel: Look at a free copy of Sweet Home 3D.This software makes it easy to remodel and decorate individual rooms or a whole house. The program comes with dozens of 3D furniture models, and you can download more online. You’ll get blueprint-style plans, and you can explore a 3D representation. Print out your plans for quick reference. Free http://www.sweethome3d.com/index.jsp

Easier Video Editing: For smaller projects, try the free Avidemux. It’s mainly used for cutting, filtering and encoding videos. It can open major video formats, including AVI, WMV and MPEG. You can save edited videos in even more formats. Avidemux includes various filters for adjusting color and contrast, and adding simple special effects. If you have programming knowledge, you can even create your own filters. Free http://avidemux.sourceforge.net/

Give and Take Business Relations: Most businesses thrive on relationships, both with customers and other business people. The aptly named site Favo.rs focuses on improving your relationships with the latter by trading favors. Favo.rs is an online marketplace where you can connect with contacts in your line of business. You can request and provide professional help. As you provide favors for others, you’ll be building your own reputation, which can net you business favors in return. Sign in with Facebook, Twitter or LinkedIn to see what it can do for your business. http://favo.rs/signup

Want to know more about the Phoenix Scottsdale home scene? Call or email mary@marymaxie.com for free info on the following:
*Register for frequent MLS updates on your new Arizona Home at mary.maxie@pruaz.com
*Disclosure issues affecting Phoenix Home buying
*Shopping, Golf, Sports, Critter Report, Arizona Living
*Maxiemize Lifestyle with PhoenixAreaCanadianRealtor 602-738-6597
Mary Maxie, Associate Broker, Prudential Arizona Properties
Frequent updates at my blog www.marymaxie.com

Upbeat Findings for Arizona home market

Report: Upbeat findings for Arizona housing market
The median price of all home sales in metro Phoenix, including new homes, reached $120,500 in January. That compares with $113,166 a year earlier. The average price per square foot of Valley houses has climbed 3% since last year. There were approximately 8,000 new and used homes sold in January, up from 7,500 in January 2011. “Many people think there’s a glut of homes the banks are hiding somewhere, and that may be the case in other markets, but not here in the Phoenix area,” said analyst Mike Orr.
Read article – azcentral.com

Want to know more about the Phoenix Scottsdale home scene? Call or email mary@marymaxie.com for free info on the following:
*Register for frequent MLS updates on your new Arizona Home at mary.maxie@pruaz.com
*Disclosure issues affecting Phoenix Home buying
*Shopping, Golf, Sports, Critter Report, Arizona Living
*Maxiemize Lifestyle with PhoenixAreaCanadianRealtor 602-738-6597
Mary Maxie, Associate Broker, Prudential Arizona Properties
Frequent updates at my blog www.marymaxie.com

Mary’s Funny Real Estate Stories

Mary’s Funny Real Estate Stories: one person here for the first time, asked me what all the big mounds of dirt were around the area. Once I figured out what she was asking about, & stopped laughing, I had to tell her that those mounds are what passes for mountains around here! She’s used to skiing in the Canadian Rockies, so I guess she can be forgiven for not recognizing AZ mountains!

Want to know more about the Phoenix Scottsdale home scene? Call or email mary@marymaxie.com for free info on the following:
*Register for frequent MLS updates on your new Arizona Home at mary.maxie@pruaz.com
*Disclosure issues affecting Phoenix Home buying
*Shopping, Golf, Sports, Critter Report, Arizona Living
*Maxiemize Lifestyle with PhoenixAreaCanadianRealtor 602-738-6597
Mary Maxie, Associate Broker, Prudential Arizona Properties
Frequent updates at my blog www.marymaxie.com

Why Canadians are buying Phoenix Real Estate

Phoenix real estate rises with Canadian buyers

By Dan Levy and John Gittelsohn, Bloomberg January 19, 2012

Bob Major returned to Phoenix in October in search of more bargains like the four empty houses he bought in 2010 at rock-bottom prices. The retired builder from Vancouver instead found real estate about 20 per cent higher and stiff competition.

“There’s been an extreme turn,” Major, 66, said in an interview at a Chandler, Arizona, pizzeria, sitting beside his wife, Wendy. “We put bids on 30 properties and only got two.”

The Phoenix housing market, down 55 per cent from peak values with more than two-thirds of borrowers owing more than their properties are worth, is starting to recover as demand grows and inventory shrinks. Sales rose in November for the 12th straight month on a year-over-year basis, and distressed real estate accounted for the smallest share of purchases since 2008, according to research firm DataQuick.

Values may increase 9 per cent this year in Phoenix, known as the “Valley of the Sun” for its desert climate and triple- digit summer temperatures, as homes in or near foreclosure are bought up, according to Clear Capital Inc. Bank-owned property, which made up two-thirds of sales at the May 2009 market trough, now accounts for only one-third, said Alex Villacorta, director of research at the real estate data company in Truckee, California.

‘Pain Was Greater’

Pending foreclosures in Maricopa County, where Phoenix is located, tumbled by almost two-thirds in two years to 18,325 this month, according to Mike Orr, publisher of the Cromford Report, a local housing information service. In December, first- time foreclosure filings in Arizona fell 41 per cent from the previous month to the lowest since 2007, data firm RealtyTrac Inc. said.

“The pain was greater here,” Orr said. “I think the reward for that is we’ll be out of the woods faster.”

Arizona’s bank-owned inventory has shrunk relative to other hard-hit housing states partly because courts don’t oversee property seizures, said Daren Blomquist, spokesman for Irvine, California-based RealtyTrac. It takes an average of 125 days to complete a bank-owned home sale in Arizona, compared with 217 days in Florida, a “judicial state” with a foreclosure glut, according to the company. The U.S. average is 193 days.

The winnowing has boosted the average Phoenix property sale to $85 US a square foot in December, up 7.6 per cent from the market bottom in August, according to Orr, who is also the real estate center director at Arizona State University’s W.P. Carey School of Business. Prices are still down from a peak of $190 US a square foot in June 2006, he said.

Only Gainer

“I never would have believed what Phoenix has gone through, but the data speaks for itself,” said Karl Case, co- founder of an S&P/Case-Shiller home-price index that showed the metropolitan area as the only gainer among its 20 members in October. “When prices fall that much and interest rates are this low, it’s got to be the case that the markets begin to clear.”

The upturn follows more than five years of decline, the worst housing bust in a city where home construction for new Arizona residents has been the path to economic growth, Phoenix Mayor Greg Stanton said in a telephone interview. Falling U.S. prices and bloated consumer debt have arrested mobility, trapping owners who can’t sell their homes, according to Orr.

Jobs Lost

Arizona lost about 324,000 jobs in three years — about one-third in construction — before employment bottomed in September 2010, U.S. Bureau of Labor Statistics data show. The state added about 45,000 jobs last year. At that pace, it will take until 2015 to reach pre-bust levels, said Lee McPheters, director of Arizona State’s JPMorgan Chase Economic Outlook Center.

Even with fewer foreclosures and prices turning, Phoenix has the sixth-highest U.S. metropolitan rate of foreclosure filings per household, according to RealtyTrac. Phoenix led the 25 largest U.S. metropolitan areas with two-thirds of its mortgaged homes in negative equity at the end of the third quarter, Zillow Inc. said. Across the nation, 29 per cent of all mortgaged homes were “underwater,” meaning the properties were worth less than their loan balances.

Buying Repossessed Homes

Steep discounts have lured investors such as American Residential Properties LLC, which used more than half of a $100 US million fund to buy 800 Phoenix-area homes at an average price of $120,000 US, some down from as much as $400,000 US five years ago, said Laurie Hawkes, president of the Phoenix-based company. It’s now teaming with New York-based Ranieri Partners LLC on a proposal to buy repossessions from government mortgage companies Fannie Mae and Freddie Mac and manage the properties as rentals.

“Phoenix appears to be leading the nation in terms of major metropolitan areas that are recovering,” Hawkes said. “It’s considerably faster than many people thought.”

Bargain-hunting also attracted flocks of Canadians taking advantage of a 28 percent currency gain versus the U.S. dollar since March 2009 — and winters with an average January high of 19 degrees Celsius. Canadians edged out Californians last year as the largest group of outside buyers, with 4.2 per cent of purchases, Orr said.

“Six Arizona Months

Major, the retired Vancouver homebuilder, spent $400,000 US for four properties during his 2010 investment foray, including a three-bedroom foreclosure that he fixed up as his own winter residence. He plans to spend six months a year in Arizona.

“There were so many listings the first time, you could really take your pick,” Major said at the pizza restaurant, where teenagers in shorts ate ice cream outside. “Now you can’t bargain nearly as much. The whole attitude is different.”

A property similar to a house that Major bought for $85,000 US in 2010 sold in October for about $102,000 US, he said.

Stanton, a Democratic former city councilman who was elected mayor in November, said Phoenix needs to move from a reliance on housing cycles toward more sustainable technology and health-care jobs. His idea for a health and science development, to be built on 240 hectares northeast of downtown, was announced in his Jan. 3 inauguration speech. It has the support of the Mayo Clinic and Arizona State University, which would be partners in the project, Stanton said.

Phoenix Hit Hard

“Being disproportionately dependent on single-family homes is the reason why this recession hit Phoenix so hard,” said Stanton, himself the owner of an underwater house in central Phoenix that he purchased in April 2007.

The hoped-for employment shift may already be under way. Intel Corp. broke ground last year on a $5 US billion plant in Chandler, about 32 kilometers southeast of downtown Phoenix, that will require “thousands” of temporary construction and permanent jobs, said Laura Anderson, a spokeswoman for the world’s largest semiconductor maker. PayPal, an online payment service owned by EBay Inc., plans more hiring after adding 700 jobs in 2011, said Sara Gorman, a spokeswoman for the unit.

Phoenix had 30,000 of the state’s new positions in the 12 months through October, led by health care, transportation and warehousing jobs, McPheters said.

Health-Care Growth

The proposed campus is “very exciting” and would attract startup companies as well as international firms, said Wyatt Decker, chief executive officer of the Mayo Clinic’s Arizona branch in Phoenix, which employs 400 physicians and scientists and a total staff of 5,000. The state’s health-care sector has grown even during the real estate recession, he said.

“We’re all rowing in the same direction,” Decker said of policy makers such as Stanton and education and science executives.

Even homebuilding has revived. Single-family construction permits are expected to climb to 11,300 this year, up 66 per cent from a 2010 low, according to the average estimate of 13 Phoenix market analysts surveyed by Arizona State University.

Meanwhile, investors like Major peck away at the real estate overhang. Time spent in his new $25,000 US outdoor spa, the biggest cost of his foreclosure renovation, is a world away from frozen Canadian winters, he said.

“We like it at night before bed, when it’s warm and all the stars are out,” he said. “There’s an awful lot of rain and dullness in Vancouver from October to April. And it’s cold.”

© Copyright (c) The Vancouver Sun

Phoenix AZ Real Estate News

Phoenix AZ Real Estate News

Phoenix new home sales up 26 percent in August – New-home sales improved in August, according to the Phoenix Housing Market Letter produced by RL Brown Reports.  There were 632 new closings in August, compared with 500 in August 2010.  Building permits were up from 504 in August 2010 to 692 in August 2011.  RL Brown also tracks resales, including homes not listed on the MLS.  Resales were up for both the month and the year to date.  There were 8,605 resales in August and 67,804 for the year to date, compared with 6,623 last August and 61,730 for the first eight months of 2010.  Read article:
http://www.bizjournals.com/phoenix/news/2011/09/19/phoenix-new-home-sales-up-26-percent.html

 

Top 5 States Where Home Prices Will Rise in the Next 6 Months – Real estate professionals in Arizona are the most optimistic about home values rising in their market in the next six months.  Read article:
http://realtormag.realtor.org/daily-news/2011/09/16/sellers-say-their-homes-are-worth-more

 

Don’t Misjudge a Property by Its Street Face – For real estate buyers, the process of purchasing a home can be overwhelming. Many purchasers, particularly first-time or first-time-in-a-long-time buyers, are relieved that at least part of the process is easy—viewing properties. That’s where they make a big mistake.  It seems easy:
• Look at a house from the street, and you either like it or you don’t.
• Walk through a house or condominium in 30 minutes or less, and you either love it or hate it.
Without specific construction knowledge and an eye for interior design—and in less time than typically spent picking out new clothes—buyers decide whether or not to buy.  Read article:
http://realtytimes.com/rtpages/20110920_misjudge.htm

Want to know more about the Phoenix Scottsdale home scene? Call or email mary@marymaxie.com for free info on the following:

*Register for frequent MLS updates on your new Arizona Home

*Disclosure issues affecting Phoenix Home buying

*Shopping, Golf, Sports, Critter Report,ArizonaLiving

*Maxiemize Lifestyle with PhoenixAreaCanadianRealtor 602-738-6597

Mary Maxie, Associate Broker, Desert Dwellers Realty

Frequent updates at my blog www.marymaxie.com

 

Phoenix real estate news & interesting sites

Phoenix real estate news & interesting sites

Cashing in on rental property – For the rental market, demand is up and rents are rising.  As with many investments, the best time to get in is when most others are sitting on the sidelines.  Many factors make this a great time to invest.  Mortgage rates are at a 40-year low, and homes in many areas are ultra-cheap.  Meanwhile, demand for rentals has risen in more than 500 cities, according to recent Census data.  That, in turn, has enabled landlords to charge more.  Hotpads.com, a real estate research firm, reports that rents nationwide jumped 11.6% in 2010, to $1,320 a month.  Read article:
http://money.cnn.com/2011/08/30/real_estate/rental_property_investing.moneymag/index.htm?iid=SF_M_Lead

 

MapQuest Versatility: MapQuest allows users of various other online communities to log
in. Once logged in, you can start setting flags to show where you’ve visited. You can also
add notes to those locations. Once you’ve customized and saved your map, it’s time to share
it. You can email it, text it, post it on Facebook or your website. Mapquest also sends maps
directly to your OnStar or SYNC-enabled automobile. MapQuest also has a mobile app for
Android, iPhone and Blackberry smartphones. This is especially welcomed if you’re hiking
or traveling with the little ones.   http://www.mapquest.com/

 

Do Your Home Inventory:  Most insurance companies recommend doing a home inventory.
Knowing the value of your items gets you the correct payout. It also speeds up the process
considerably. That’s where StuffSafe comes in. This free site lets you create an online home
inventory. You can catalog possession by room, enter serial numbers, and upload photos.  

 

Even better, it can be accessed from anywhere. Your list won’t be lost in a disaster. You can
also download the list and create hard copies.   http://www.stuffsafe.com/

 

Food Lifespans: At StillTasty, you can learn more about food safety. Learn the difference
between “sell by,” “best before” and “expires on” dates. There is also a large database of
foods. Find out how long something will keep in your fridge or freezer. There are also tips
for extending food lifespans.  http://stilltasty.com/

 

College Packing List: When moving off to college, you have to pack your entire life.  

This site has categorized lists of the things you’ll need to take. And if there’s something
you need to buy for your dorm, it has shopping tools, too! College Packing List breaks

down items into categories. That way it’s easy to find an item to see if it’s checked off to

make sure you don’t forget them. You can easily save or print your list for later use. You

can also share it on Facebook.  http://www.collegepackinglist.com/

 

Free Stuff from Mary@marymaxie.com

FREE Pickup of books, paperbacks, videos, CDs, sheet music, for VNSA Charity Book Sale

FREE Tips on Home staging your house for better showings

FREE Tips for First Time Home Buyers

FREE Tips for First Time Home Sellers

FREE The 10 Things Most Often Cited on Home Inspections

FREE Info on 180 day rule for foreign home buyers

FREE Info on FIRPTA Rules for foreign investors

FREE Info on what Canadian buyers of Arizona Real Estate need to know.

FREE shopping, golf, sports, Arizona Living info

FREE info on Great Canadian Picnic, & Canada Cup Golf Tournament

FREE Market News from www.marymaxie.com

Maxiemize Lifestyle with PhoenixAreaCanadianRealtor

Mary Maxie, Associate Broker, Desert Dwellers Realty

GREEN Master of Real Estate, GRI, CRS, ABR, CSSR, SFR, CRMS, CIPS

 

Homeowner tax cut, new outlet mall in Phoenix

Homeowner Tax Cut, new outlet mall in Phoenix

Most county homeowners to get tax cut - For the first time since the downturn of metro Phoenix home values, most of the region’s homeowners can expect a noticeable drop in their property taxes.  Maricopa County property-tax bills are being mailed this week, and the average homeowner bill is expected to decline more than $60 from last year’s bill.  Most of those districts raised tax rates this year, but the overall amount of taxes those districts plan to collect is down almost 6 percent.  Read article:
http://www.azcentral.com/business/realestate/articles/2011/08/30/20110830maricopa-county-homeowners-property-tax-cut.html

Social Networking Reaches New Milestone - Social networking is getting even bigger: Half of all American adults now say they use a social networking site, according to a new survey by the Pew Research Center. Six years ago, only 5% of adults reported using social networking sites, such as Facebook, LinkedIn, or MySpace.  Women between 18 to 29 years old account for the “power users” of social networking sites.  Read article:
http://realtormag.realtor.org/daily-news/2011/08/29/social-networking-reaches-new-milestone 

Plans for outlet mall targeting Loop 101 area in Scottsdale
http://www.azcentral.com/business/realestate/articles/2011/08/29/20110829scottsdale-loop-101-outdoor-mall-plans.html

 Spring buying boosts home prices
http://www.azcentral.com/business/realestate/articles/2011/08/30/20110830US-Home-Prices0830.html

Consumer spending rebounds, rose in July
http://www.azcentral.com/business/articles/2011/08/29/20110829consumer-spending-rebounds-rose-08-pct-july.html

 New iPhone 5 likely in October
http://www.azcentral.com/business/consumer/articles/2011/08/29/20110829New

Want to know more about the Phoenix Scottsdale home scene? Call or email mary@marymaxie.com for free info on the following:

*Register for frequent MLS updates on your new Arizona Home

*Disclosure issues affecting Phoenix Home buying

*Shopping, Golf, Sports, Critter Report,ArizonaLiving

*Maxiemize Lifestyle with PhoenixAreaCanadianRealtor 602-738-6597

Mary Maxie, Associate Broker, Desert Dwellers Realty

Frequent updates at my blog www.marymaxie.com

Phoenix Real Estate News: Most Common Home Problems

 

 

Phoenix Real Estate News: Most Common Home Problems

 
Ten Most Common Home ProblemsIn a recent survey, the American Society of Home Inspectors (ASHI) identified the most common home problems. It is interesting to note that four of the top ten problems involved water or moisture.

1. Improper Surface Grading and Drainage: By far the most frequent problem, it is responsible for the most common household aggravations, including water penetration into basements, craw spaces and foundations.
2. Improper Electrical Wiring: A number of respondents found this to be a significant defect. This includes such situations as insufficient electrical service, inadequate overload protection, and amateur (often dangerous) wiring connections.
3. Roof Damage: Ranked third, leaking roofs are a frequent problem. This is caused by old or damaged shingles or improper flashing and drainage.
4. Heating Systems: Defective items in this category include broken or malfunctioning controls, blocked chimneys, and unsafe exhaust disposal.
5. Poor Overall Maintenance: A common problem with all homeowners. Signs of poor maintenance include cracked, peeling or dirty painted surfaces, crumbling masonry, makeshift wiring or plumbing, and broken fixtures and appliances.
6. Structurally Related Problems: As a result of problems in one or more other categories, damage is sustained by such structural components as foundation walls, floor joists, rafters and window and door headers.
7. Plumbing: Though not ranked as a number one problem, plumbing defects still rank high. This includes the existence of old or incompatible piping materials, as well as faulty fixtures and waste lines.
8. Exteriors: Flaws in this category, such as windows, doors, and wall surfaces, rarely have structural significance, but may pose discomfort to the occupants due to water and air penetration. The most common culprits are inadequate caulking and /or weather stripping.
9. Poor Ventilation: In a effort to save energy, many homeowners have “over-sealed” their homes, resulting in excessive interior moisture. Significant moisture can lead to rotting and failure of both the structural and non-structural elements.
10. Miscellaneous: This category includes interior components (often cosmetic in nature) which were so infrequent that they did not rank individually in the survey.

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