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Blog by Doug Ingersoll

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Recent Sales in Aviano

May 29th, 2010


Floorplan
Map
The short sale Velez at 22321 N. 39th Run just closed for $370K. Listed 9.21.09 for $415K it went under contract for the final time 3.6.10 after a couple of fallthroughs. Backs to 40th St, has a gas cooktop and lots of flagstone in the middle courtyard and around the fireplace in the formal living room. Original owner paid $491K on 10.18.05. 3795 sq ft with 4 bedrooms, 3.5 bat ...

Aviano Real Estate Meeting etc

May 28th, 2010
Our next monthly Aviano real estate meeting is next Wednesday, June 2nd. 6:30 PM at the little meeting room in the big community center. Kick back, ask questions, get a concise picture of Aviano and Valley real estate. Casual and free! See you there.

I am adding floorplans for Bella Monte and the new Infinity Series of single level homes at Fireside today. These are high quality neighborhood ...

New Brezza Listing

May 27th, 2010
If I get another solicitor who calls and wants to "reach out" to me....

The Tercera at 22222 N. 36th Way sold at the trustee sale Wednesday for $467K.   

I have linked to the Arizona Multiple Listing Service May newsletter HERE. This is a new thing they are putting out to position themselves as cutting edge information/analysis. Kathy and I get this as subscribers to the MLS database and wi ...

Market Update for Aviano

May 26th, 2010
3929 E. Herrera Dr had an opening bid of $378K Tuesday at the trustee sale. No one bought this highly modified Solaria and it is now owned by the bank. Average sale price of $140 a sq ft for single story homes this year times 2790 sq ft brings you to $391K. So for an investor there is zero profit after paying 3% to the buyers broker plus fix up costs.

The Brezza at 3752 E. Donald Drive went ...

New San Mateo Listing

May 25th, 2010
June 2nd is our next monthly real estate meeting in the lavish small meeting room at the community center. Lasts an hour and is a great recap of what happened and what may be in store for us real estate wise. 6:30 PM, free and casual.


Floorplan
Basement
Map
A new San Mateo with a basement listing for $850K.  Located at 3721 E. Bryce Ln it looks to be a normal sale.


Floorplan
Map
The La Be ...

NAR Economic Outlook

May 25th, 2010

Two Fronts: Jobs and Confidence
by Lawrence Yun, NAR Chief Economist (National Association of Realtors)

"Well, we may as well get ready for it. Yes, mortgage rates continue at historic lows, averaging around the 5-percent mark recently. But rates are likely to rise. By December of this year, the average mortgage rate could be close to 6 percent – perhaps as high at 6.5 percent. Why? The rea ...

Bella Monte Information in Desert Ridge

May 24th, 2010

From Stuart M. Crawford, Branch Manager

Senior Mortgage Banker, 

V.I.P. Mortgage Inc.

Direct Office:  (480) 776-2954

scrawford@vipmtginc.com

www.stuartcrawfordmortgage.com

Last week, uncertainty about the pace of the economic recovery caused investors to shift to relatively safer assets, including government insured mortgage-backed securities (MBS), which is always a good technical signal for ...

Aviano Homes for Lease

May 24th, 2010
This past Sunday the financially troubled local newspaper ran a tribune media services article on the front of the real estate section. Written by someone God only knows where, the caption to the picture says "Whether you decide to rent or buy depends on a number of factors, but either way, there are plenty of homes to choose from." How blissfully detached from reality can you get? There are ...

Aviano Homes now Pending

May 22nd, 2010


Floorplan
Map
A new lease listing in Aviano. 3721 E. Donald Dr is a La Bella model with 3539 sq ft, 4 bedrooms, 2.5 baths, pool and 3 car garage. Asking price is $2999 a month.


Floorplan
The short sale Lucca model, unit 1147 in the Villages is under contract again and now pending. 1795 sq ft with 2 bedrooms, 2 baths and a 2 car garage. Last priced at $230K.


Floorplan
Map
The listing for ...

Knowledge at W. P. Carey

May 21st, 2010

Is Arizona's Recession Over? How Will We Know?

Published: May 19, 2010 in Knowledge@W.P. Carey

Read On......


Here is the real meat of the article:

"In order to grow even 1 percent over 2009, Arizona must add 24,000 jobs overall in 2010. But so far this year, Arizona average employment is down by 98,000 jobs from the same period last year.

As of this month, the consensus Arizona Blue Chip f ...

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