Real Estate Information

Tuscan Sanctuary in Central Phoenix

Inside the gated community of Adair Manor in Central Phoenix, you’ll find a uniquely designed 2,542 square foot Tuscan sanctuary featuring a large open Great Room, two bedrooms plus a den and two ½ baths. Soaring 17’coffered ceilings and glorious archways invite you to experience the rich wood floors that gently guide you through a home that appeals to both your sense of style and taste. A well-appointed kitchen includes granite slab counters, maple cabinets, stainless double ovens and a convenient breakfast bar and work station Island.

With a split floorplan, the master is both private and elegant with a beautiful glass walk-in shower & separate garden tub. Outside the Tuscan flair continues with extensive brick pavers and flagstone surrounding the pool, patio and built-in gas BBQ area. They say location is key – well this home hits the jackpot – within Madison School District & an easy commute to all the hot spots in Phoenix! Click here to take a virtual tour. Priced to sell. 

To view this home today, please call 602-942-7000 or email at Nate@NatesHomes.com.

A Look at the Culture of RE/MAX

Take a look at the culture of RE/MAX as this video reviews the history of the most popular name in Real Estate. I am proud to be a part of this elite group of industry masterminds - nobody in the world sells more real estate than RE/MAX!

Which Investor Are You?

In today's market, there are unbelievable real estate investment opportunities waiting to be taken advantage of - and by different types of people who are called "investors." Most people aren't aware of the different types of investors that exist. Here is a quick review:

First Time Investor: Someone who has never purchased a home for an investment. In most cases they do own the home they presently live in, however, do not necessarily have to own a home in order to invest in other real estate opportunities.

Move-Up: Many people don't realize that the most productive asset they have is the one they are currently living in. Whether you need to buy up in size or down scale, your current home can be a potential cash flow opportunity.

Rehab and Resell: These investors are looking for a "diamond in the rough" or in other words, properties that require repairs, updating, etc in order to resell for a profit. These investors may also be referred to as "flippers" or "fix and flip."

Portfolio: A person who is already actively investing in real estate but is now ready to take the next step in building a portfolio in real estate - ultimately leading to long term wealth building.

Performance: These are typically high net-worth individuals who understand the value of large cash-flow real estate portfolios.

So which investor are you? Still unsure or feeling overwhelmed? Don't be. I can help you navigate the vast opportunities that currently exist in our market place. The ability to invest in a relatively low-risk, high-return asset is within your reach. Let me show you how you how! To receive a copy of my free monthly report, please click here.

www.Arizona-Investor-Resource.com
602-942-7000

Escape Your Unmanageable Mortgage: Getting Free Doesn’t Have to Mean Running Away

It is not uncommon to hear a story on the news about a person who simply walked away from their home. A few years ago this was unheard of – today, it is what we call a Strategic Default. To the distressed homeowner who believes they have no other choice left, the idea of walking away free of consequences may sound like a relief. However, in reality a strategic default does have repercussions. There are better options available.

Benefits of a short sale:

• Avoid foreclosure at no cost to you
• Less long-term impact on your credit score
• Protection for future security clearance
• Retain some control over the sale of your property
• Shorter waiting period to qualify for another mortgage

To learn more about short sales and the options available, please visit me online at www.AZShortSaleResource.com – you may download this month’s complimentary report entitled, “Escape Your Unmanageable Mortgage: Getting Free Doesn’t Have to Mean Running Away.” Then contact me for a confidential consultation. 602-942-700 or email at Nate@NatesHomes.com. I look forward to hearing from you soon. 

Nate's Team Client Review

In our market place today, there are many scenarios and situations that can be difficult to navigate in order to successfully sell a home, especially when it comes to short sale transaction. My team and I work very hard to provide a level of service and expertise that not only gets the job done but exceeds the expectations of our clients. Thank you Mario and Jody for sharing your review with us and for the opportunity to assist you with your home sale - congrats!

Hi Nate, just a quick note about our short sale experience with your office. When we first contacted your office we were pretty much at the end of our rope. After a failed 6 month attempt at trying to modify our loan our home was quickly going into foreclosure and we believed that there was no other option. Our meeting with you and your explanation and assurance that we could do a short sale of our home gave us some hope. We were still a little skeptical but hopeful.

Our meeting with Jaime gave us an even greater sense of hope and her reassurance that she could get the job done and stop the foreclosure process made us feel less stressed and not so lost. She guided us in every step in the preparation of the sale so much so that we soon had multiple offers with one of those offers being the eventual buyer of our home.

Jaime made sure that all parties involved in the process received accurate documentation that they needed or requested, in a timely manner and also made sure to keep us appraised of all that was going on. Our house is now sold and we can move on in a more positive light. We are very pleased and can’t give Jaime enough praise for her continued support and reassurance throughout the entire process she is definitely a great asset to your team. Thank you for all your help - Mario & Jody Cavazos

RE/MAX CEO Margaret Kelly speaks to Bloomberg - market update

Renters Consider New Homes

In a recent home builder survey results reported that 60% of people currently renting want to buy a home in the future. Additionally 61% of those surveyed said they want to buy a home within the next two years.

The results mirrored PulteGroup’s on-the-ground anecdotal information. "We are seeing a renewed sense of optimism, especially from young professionals and young families visiting our communities nationwide," Deborah Meyer, PulteGroup senior vice president, said in a news release of the results. "In fact, in the first quarter of this year, sales and traffic for our Centex homes, which cater to the value-conscious and first-time buyer, saw a significant improvement over last year—yet another sign of an improving housing market.”

In the Phoenix metro area, we are seeing a big boost in the number of new home permits and activity in new home communities. The new home construction market is back - and its a great alternative for home buyers who have been beat out by cash investors or for those who simply do not want to inherit the property conditions a resale home may have. If you are considering a home new, please take a moment to visit me online - with a few clicks of your mouse, you can search any new home community in the Valley. Click here now.

Source: Builderonline.com

Rest in Peace Our Brother

This afternoon I will be attending the funeral services for a very dear friend and fantastic RE/MAX Professionals' agent, Sergio Horcos. It is with a heavy heart that I share the loss of a man I admired and had a great deal of respect for. Sergio was killed in a traffic accident last Thursday, April 26th just outside of Wickenburg on Highway 93. Today we mourn the loss of a wonderful husband, devoted father and a man we were proud to call a friend and co-worker.

I know I speak on behalf of all the affiliate at RE/MAX Professionals when I say we will miss him dearly. This is a tremendous loss to the real estate industry and to the community of Wickenburg where Sergio lived and served as a trusted real estate professional.

To his wife Lori and his two sons, may his spirit encircle you always, may your memories help dry your tears and may he live on forever in your hearts. Rest in Peace Our Brother - Nate.

New Listing in North Glendale

This is a fantastic opportunity to own a beautiful single level home in Stetson Court! Build by Stetson Homes, this Rembrant floorplan offers an open great room design with both an eat-in kitchen as well as a large formal dining area. Sprawling over 2,752 square feet, there is plenty of room with a split master bedroom, three generous bedrooms plus a den. The kitchen layout is awesome – tons of cabinets, counter space galore plus a huge pantry – oh and did I mention a gas cook top/range? Outside is just as nice as the inside with a big covered patio that overlooks the sparkling pool and waterfall. Great location in North Glendale with excellent Deer Valley District schools – close to the 101 Loop and I17 for easy access to shopping, dining and downtown. Don’t wait to see this great home! Priced to sell! Click here to view more details and photos. 

www.NatesHomes.com
602-942-7000

RE/MAX Agent Survey Reveals Rising Prices, Strong Demand 

The housing industry is staging a recovery with increasing sales and stabilizing prices, according to a national survey of RE/MAX agents. Four out of five agents believe U.S. home prices won’t decline further. In fact, nearly 70% predict prices will go up, led by a strong demand for homes in the low to middle price ranges.

"To active real estate agents, this market is definitely heating up," said RE/MAX CEO Margaret Kelly. "They are witnessing a recovery across the country fueled by home buyers and sellers taking advantage of a significant market opportunity."

Agent opinions are documented in the quarterly RE/MAX Market Insights, an online survey of 1,022 residential experts. The survey builds brand visibility for RE/MAX agents, and is typically picked up by more than 300 news outlets. Collectively, RE/MAX agents sell more real estate than any other real estate network in the U.S. 

Key findings include:

• Price rebound: 68% say prices will be higher by the end of 2012.
• Today’s prices: 29% below the peak reached during the housing bubble.
• Demand for lower-priced properties: 80% of agents say it’s good or very good.
• Demand for homes in the middle-price ranges: 71% rate it as fair to good.
• Demand for high-priced homes: 58% call it poor to fair.

A snapshot of today’s homebuyers served by RE/MAX agents:

• Roughly one third are first-time buyers. Another third are homeowners looking to sell so they can move up or downsize. The remainder are mostly investors, who believe the market has hit bottom.
• One in five buyers pays cash, receiving an average discount of 15%.

The most significant challenges facing first-time homebuyers are having an acceptable credit score, posting a down payment, and facing a shortage of homes for sale. Repeat buyers have the added burden of selling their current home. They, too, are facing a scarcity of homes to purchase in the lower and middle price ranges.

Nearly half of the agents say lower priced homes in their markets are selling for slightly less than the asking price, while 17% say buyers are paying full price and 11% say buyers are paying slightly more than the asking price.

For homes in the middle-price ranges, 49% report sale prices are slightly less than the asking price, while 8% say full-price is being paid. For the high-priced homes, 43% report that sale prices are moderately less than asking prices, with another 25% saying it is slightly less.

With bank-owned homes making up a significant portion of the current inventory, agents report that 62% of their non-investor buyers have a favorable attitude toward foreclosures, while only 27% have a favorable attitude toward short sales.

"With distressed properties still making up a sizeable portion of homes on the market, this inventory is being cleared effectively by buyers, who don’t mind investing a little to fix up a property in return for an attractive bargain," Kelly added.

Among buyers’ highest priorities were quality of schools, and condition and size of the home. The lowest priorities included public transportation, walkability and energy efficiency.

Most RE/MAX agents advise their buyers to hire a professional home inspector and to attend the inspection. Getting pre-approved for a mortgage, not merely pre-qualified, also is recommended.

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