rental - The North Valley Team of Phoenix Arizona

North Phoenix 3 Bed + Den Rental Home in Moon Valley Area

September 11, 2012 by inVIVO realty Arizona

Very popular North Phoenix rental home floorplan located on a desirable south facing lot with no homes directly behind. This property rests on a large lot with fenced PebbleTec pool, and comes with generous patio and balcony area for great sunsets.

This North Phoenix 3 bedroom plus den rental home is located closely to Moon Valley and the Desert Ridge Marketplace. This is a 3 bedroom home with a huge loft area as well as a separate den. The kitchen features a gas range, a large pantry and an island. There is a generous eating area off of kitchen.

The master bathroom has double sinks and the master bedroom has “his and hers” walk-in closets. This North Phoenix rental home is located closely to the Loop 101 freeway and is in close vicinity to Moon Valley, and the Desert Ridge Marketplace.

Pool maintenance is included with the lease at $1,500. There is not a better value in North Phoenix home for rent.

Phoenix AZ Rent Check Statistics on Residential Home Leases for June 2012

June 18, 2012 by inVIVO realty Arizona

The Metropolitan Phoenix Valley RENT Check™ statistical data is derived from ARMLS’s monthly report addressing the Phoenix residential single family home rental market.

This home leasing report features the Rent Check Quotient™ (RCQ™) which is the result of dividing the number of leases by the number of closed home sales as reported in STAT. Elevated lease activity is driven by high foreclosure volume, which turns would-be home owners into renters, and investor sales into rentals rather than owner occupied houses.

Click here to view the Valley’s latest single family home lease statistics.

Greater Phoenix Rent Check Statistics on Residential Home Leases for May 2012

June 7, 2012 by inVIVO realty Arizona

The Greater Phoenix RENT Check™ statistical data originates with ARMLS’s monthly publication addressing the Phoenix Valley’s residential single family leasing market.

This rental home report features the Rent Check Quotient™ (RCQ™) derived by dividing the number of leases by the number of closed home sales as reported in STAT. Elevated lease activity is stoked by high foreclosures, which turn home owners into renters, and investor sales into rentals rather than owner occupied houses.

Click here to view the Valley’s latest single family home rental statistics.

New Moon Valley Home for Sale in Valle De Luna

May 29, 2012 by inVIVO realty Arizona

This Moon Valley home for sale was just listed and is a rare North Phoenix find.

This is a spacious and open, split 2 bedroom plus den floor plan with 2 full bathrooms resting on a large corner lot in the Moon Valley community of Valle De Luna.

Moon Valley home for sale in Valle De Luna North Phoenix within walking distance to Moon Valley Country Club.

The Valle De Luna development is known for its gorgeous grounds and amenities as well as being located in the heart of Moon Valley and only a short walk from the Moon Valley Country Club.

This property features a new roof and air conditioning unit, a brick gas fireplace, wood and tile flooring throughout, a kitchen island and a large covered brick patio.

This home could make a very comfortable property for a starter family, a retired couple, or a real estate investor seeking to located good residential rental property.

Listing Courtesy of: Realty Executives.

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.

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