investor - The North Valley Team of Phoenix Arizona

The ARMLS Pending Price Index Market Prediction Newsletter for May 2012

May 9, 2012 by inVIVO realty Arizona

The ARMLS Pending Price Index™ (ARMLS PPI) predicts the direction of the Phoenix Arizona real estate market thirty days into the future based on pending sales in the Arizona flexmls listing system. The PPI Supplement focuses on new Phoenix Arizona pending properties added each month to the MLS system and includes analysis and $/SQ FT at various price points.

Click here to view the May 2012 issue of the ARMLS Pending Price Index™

Contact us if you are a Phoenix home buyer, seller, or investor, and you have questions or would like a breakdown of prices in different Greater Phoenix Valley cities.

Is This a Good Time to Buy Phoenix Real Estate

May 3, 2012 by inVIVO realty Arizona

Just like many other potential Phoenix home buyers, you may be wondering if now is a good time to buy Phoenix real estate.

If I could successfully speculate where the Phoenix real estate market was going to be in three years, I would be aggressively planning my retirement launch party. However, I can tell you what we are seeing as far as significant changes in home buying across the Greater Phoenix Valley.

Across the board, if a home is in a centrally located and highly desirable area, and the home is priced at or below current market, buyers and investors alike are moving quickly and homes are contracting at a much more rapid rate than they were even 12 months ago.

Buy Phoenix real estate or search phoenix homes for sale.

We have a residential rental market that has been moving as if there is a huge shortage of good rental property meant to house couples and small families. We are seeing strong cash buyers come in and purchase rental property up to the mid $300,000 range with long-term real estate rental contracts moving easily for as much as $2,000 per month.

So what does this mean? Well, if you are a Greater Phoenix home buyer and you are shopping for the standard three bedroom, two bath home under 2,000 square feet in size, and your price range is below $300,000, you may want to take a serious look at homes right now because those are the homes that are selling and with the large number of cash transactions coming into the Valley buying up that particular type of Phoenix real estate, there certainly seems to be a strong enough foundation to support current equity levels (within that lower price range).

Also remember that we are approaching the time of year where we experience the greatest number of closings. With school summer breaks quickly approaching, the number of buyers of Phoenix homes for sale should increase substantially over the next four months.

Contact us if you are contemplating a buy or sell of Phoenix real estate so we can get you the latest real estate closing data; you can see for yourself, how homes are moving in different areas and at different price levels across the Phoenix Valley.

Gilbert Home for Sale Listing in Carol Rae Ranch

April 7, 2012 by inVIVO realty Arizona

Located in the Carol Rae Ranch residential community of Gilbert Arizona (major cross streets are Higley & Guadalupe), this home is a rare find for a small family or avid investor.

Gilbert home for sale in the community of Carol Rae Ranch. Great property for family or investor.

At 1,387 Sq Ft in size, this three bedroom, two bathroom home is not only graced with interior features, but has perfect Arizona outdoor features such as a built-in barbeque, and a saltwater Pebbletec pool with a water feature.

The interior of this home features a well planned greatroom floorplan maximizing available space. There are mahogany engineered wood floors and custom paint throughout the home. The kitchen features granite tile counter tops, stainless steel appliances, a food pantry, and a bay window off of the kitchen for a breakfast nook. The master suite includes a walk-in closet and the master bathroom comes with double sinks, and separate tub and shower.

Other exterior features are the two car garage with built in cabinets, and an RV gate with plenty of room on the property for a boat or jet skis. Backyard features, in addition to the gorgeous Pebbletec salt water pool with water feature, include a grassy area, and the built-in BBQ comes with an outdoor fridge in the island.

Three bedroom, two bathroom homes in this condition are difficult to find at this price. Additionally, the Greater Phoenix rental home market is strong and this home could be a good investment to the right investor.

Villages At Aviano Toll Brothers Homes Price Reduced

February 6, 2012 by inVIVO realty Arizona

Villages at Aviano Toll Brothers, back in December of 2011, made the decision to close the sales office in Villages at Aviano for an undisclosed amount of time. Apparently they finally decided that competing with the short sale and bank owned resale properties from earlier phases was too challenging. They had been able to consistently sell the new models for more than the resale, but it took heavy incentives and certainly not the volume they had hoped for I am sure. I will be curious when they decide they can open up again and finish the remaining buildings.
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