What a rollercoaster ride we have been on. Not many other places in the country have experienced the highs and lows in real estate that can match the rollercoaster ride East Valley residence have been on. The East Valley is comprised of five major cities Mesa, Chandler, Tempe, Scottsdale and Gilbert and a few smaller towns like Apache Junction, Gold Canyon, Queen Creek and San Tan Valley.
Price volatility and sales volume have experienced a significant rollercoaster ride since 2004. If we start be looking at sales volume by number of units sold we see an upward spike to over …read more
Want a quit place to live? Dana Ranch Mesa AZ real estate is located in southern part of the city of Mesa AZ abutting the city of Gilbert. This community is made up of very similar tract homes. Homes in this community were constructed from 1996 to 1999. This location is unique in that it has the charm of a secluded development while being geographically close to one of the most popular Mesa commercial outlets – Village Square at Dana Park.
People are drawn to Dana Ranch Mesa AZ real estate because of its central location in …read more
Las Sendas AZ real estate can be located in most north easterly part of the city of Mesa AZ. In this community you can find a wide range of homes and views. This community consists of home built from the mid 1990’s, homes still being built and building sites. This unique location offers real south west Arizona beauty. The Las Sendas community is one of the more prestigious and desirable places to live in Mesa.
Why are people drawn to Las Sendas AZ real estate? It could be that it has one of the nicest golf courses …read more
Velda Rose – Mesa AZ is a senior (55+) community located in east Mesa. Homes in this community were constructed in the 1960’s and early 1970’s. The location of this development is central to many services and amenities enjoyed by people with time on their hands.
The homes in Velda Rose – Mesa AZ are efficient for the construction design period. These homes have a natural insulated barrier in their block construction. The community is well laid out and lends itself to a time when neighbors actually enjoyed visiting each other and watching out for one another. There …read more
At Dreamland Villa Mesa AZ you will feel at home. The senior community of 55 and older is located in east Mesa. With single level block homes, this community was constructed in the 1960’s and early 1970’s. Whether you’re planning to live in this development full time or part time its location is central to services and amenities that will make “your retirement dreams come true.”
Through these block form construction the homes in Dreamland Villa Mesa AZ are built to aid in keeping you cool in the summer heat. If you miss neighbors being proper neighbors then …read more
Are you looking in Mesa AZ for Alta Mesa homes? The community of Alta Mesa is located in NE part of the 37th largest city in the U.S. This community has a wide range of homes types constructed in the mid 1980’s through about 2009. This geographic location can offer you a real Arizona lifestyle. Alta Mesa homes located in this desirable community can offer families and retirees access to where you want to be and what you want to do. Great Location!
What make people want to own Alta Mesa homes in this golf course community? The …read more
Mesa AZ real estate for sale has continued its strong comeback as prices move up again in June. The local real estate market started its directional change last September and has continued positive since then.
What this means is that we are now officially in a seller’s market. This will see Mesa AZ real estate for sale produce the following:
- Higher sale prices (May = $154,833) (June = $158,711)
- Higher list prices (May = $186,522) (June = $190,705)
- Continued low inventory (May = 2370) (June = 2215)
- Shorter days on market (DOM) (May = 75) (June …
It is true that prices in the Mesa AZ housing market on moving up. Prices have moved up about 4% annualized since the first of the year and median home prices, are up about 20% since the first of the year.
This all sounds positive for the Mesa AZ housing market but we need to consider the factors causing the price improvement to determine if this is truly a positive move for the local housing market.
Here are the basics at play in the Mesa AZ housing market:
- Inventory is at an all-time low due to lenders not reselling …read more
I recently wrote about 2012 being a political year and how that will affect Mesa AZ real estate owners. One big issue at the forefront is the expiration of the Mortgage Forgiveness Debt Relief Act of 2007.
How this will affect Mesa AZ real estate owners will depend on a person’s ability to avoid a foreclosure or short sale. With 50% of existing homes loans upside down, there is still rough seas ahead for homeowners.
Mesa AZ real estate owners may benefit from proposals before the Arizona legislature related to anti-deficiency calculations that could reduce liability for property owners who …read more
When a homeowner is facing foreclosure, it matters not that they live in Mesa or Glendale, Phoenix of Chandler, there are many questions that they will need answers to. One big concern hanging over the head of a distressed homeowner is, what future liability might I have? Unfortunately there is much misinformation that is floating around and much of this misinformation is conveyed by people who should be in the know.
Arizona’s anti-deficiency statutes found in A.R.S. 33-729 & 833 only give limited protections to homeowners facing foreclosure. Since the protections are limited and not absolute there are many foreclosed …read more