No matter what is happening in your life, as a RE/MAX agent, I am prepared to assist you with any move you need to make. Whether it is a move across town or across the world, RE/MAX has everything you need to make your real estate goals possible. Call me today - let's get you moving in the right direction for 2012! 602-942-7000

New Pool Law for Arizona Homeowners

In January Arizona passed a new law regarding the pool filter pump motors for residential pools. Statute AZ Title 44:2 will impact Arizona homeowners who currently have pools and those who might want to build a pool in the future. The Statute reads as follows:

(a) Motors shall not be split-phase or capacitor start-induction run type motors, except for the following:
    (i) The low-speed section of two-speed motors may be capacitor start-induction run type.
    (ii) Forty-eight-frame motors designed for use with aboveground pools are exempt from this requirement.
(b) Motors with a total horsepower capacity of one or more shall have the capability of operating at two or more speeds with a low speed having a rotation rate that is no more than one-half of the motor's maximum rotation rate and shall be operated with a pump control with the capability of operating the pump at two or more speeds. Residential pool pump motor controls that are sold for use with a two or more speed motor shall have a default circulation speed setting no more than one-half of the motor's maximum rotation rate. Any high speed override capability shall be for a temporary period not to exceed one twenty-four hour cycle without resetting to the default setting.

This new rule will affect the cost of repairs and/or replacement of non-compliant pool motors for Arizona Homeowners. The cost to purchase a new single speed motor is around $350.00 where as a two-speed or variable speed motor costs around $1200.00. As we all know, with every new law that is passed, there is always a transition period and of course, a little bit of grey area when it comes to the specific requirements.

Currently home warranty companies are in the process of understanding what their requirements will be regarding the new pool law for Arizona homeowners. If you have a pool and you do not have a home warranty, you may consider purchasing one now to give yourself coverage in case your pool pump motor goes out. Some home warranties will not cover this new pool law and others will find ways to cut corners to stay in compliance. If you are considering a home warranty, I would encourage you to check out One Guard Home Warranty (formerly known as Service One). When it comes to optimum home warranty coverage, great customer service and local expertise, One Guard Home Warranty is an excellent choice.

While sales in November of 2011 followed the usual seasonal trend, December sales surprisely were on the rise by 5.7%. This is the 6th consecutive month that home sales were higher than the same month in the previous year.  

“We’re pleasantly surprised to see the year end with such strong sales, and hope this trend will continue into the traditional spring selling season,” said Margaret Kelly, CEO of RE/MAX, LLC. "This December jump may be due to increased investor involvement and transactions that were scheduled to occur before the end of the year, but with prices at or very near the bottom and historically low interest rates, consumers are finding real value in this market."

If style and convenience are what you have been looking for, then you definitely want to check out this new listing in Peoria, Arizona - located in Deer Valley Estates. This subdivision was designed for the "guy who has all the toys" - sitting on a 20,000+ square foot lot, there is an oversized RV gate and plenty of parking and storage. Built by Coventry, inside you will appreciate 2,839 square feet of well-crafted design with 4 bedrooms and 2.5 baths. This property will not last long - if you or someone you know is interested, please call me today for a private tour. Click here for more details. 602-430-5226 or Nate@NatesHomes.com

In this quick video, RE/MAX COE Margaret Kelly talks frankly with a positive message for the 2012 housing market. If you or anyone you know is interested in buying or selling a home, please give me a call. Its never been a better time to buy!

www.NatesHomes.com
602-942-7000
Nate@NatesHomes.com

It is with great pride, I share this special announcement - RE/MAX Chairman and Co-Founder, Dave Liniger was named the 2011 "People's Choice Most Influential Real Estate Leader" by Inman News. There is a reason nobody in the world sells more real estate than RE/MAX - congratulations to a man who defines the real estate industry!

Stats 2011 Year In Review report provided by Arizona Regional Multiple Listing Service (ARMLS) is now available. This data focuses on the Valley's recovery over the past twelve months, comparing gains and losses for the whole year.

Overall, sales in 2011 rebounded positively, topping out at 101,436, which is the second highest total sales of the decade. To put it in perspective, the total number of sales in 2005 (during the height of the real estate bubble) was 104,725. For more data on inventory, pricing, distressed sales and job growth, Click here to view the full six page Stats 2011 Year In Review report.

For more information on your home values or to learn more about homes currently for sale in metro area, please visit me online at www.NatesHomes.com.

Author of "How I Predicted the Global Economic Crisis" says the time to buy is now!

John R. Talbott is a bestselling author and former Goldman Sachs investment banker whose newest book is entitled, How I Predicted the Global Economic Crisis*: The Most Amazing Book You'll Never Read. Called an “oracle with a track record” by Bloomberg News, his eight books on economics and politics have accurately detailed and predicted the causes and devastating effects of this entire financial crisis including, in 2003, The Coming Crash in the Housing Market, in 2006, Sell Now! The End of the Housing Bubble and in 2008, Contagion: The Financial Epidemic that is Sweeping the Global Economy. Click here to read the full article by Huffington Post.

RE/MAX Chairman and Co-Founder, Dave Liniger reveals his top 10 housing predicitions for the U.S. real estate market in 2012. Check out this quick video!