Aviano Homes For Sale and Lease
The bank owned La Bella model at 22502 North 37th Run just closed for $410K or $116 for each of the 3539 sq ft. Built in 2007 this home has some of the moset amazing tile inlay work I have seen - some of it on the walls! 6538 sq ft lot with 4 bedrooms (counting the first floor room many folks use as a den), 3 baths (a full bath on the first floor), and a 3 car split garage. Sold by Toll on 2.15.07 for $757K and reverted back to the bank when no one paid the opening bid of $405K at the trustee sale on 5.11.10. The La Bella model is part of the Ocotillo Collection which has 2 areas in Aviano; the NW corner of Rough Rider and 40th Street and the area just south of the mobile home park. Congratulations to our new neighbors!
The ultra contemporary Venado model at 3960 East Navigator lane just leased for $3300 a month unfurnished. Around 4400 sq ft as it has the casita with bull bath. 5 bedrooms, 4.5 baths, pool and 3 car split garage. Perfect north south orientation to the home with the home facing south. The home was leased for $3950 on 4.26.09, $3500 on 8.1.09 and now $3300 after 105 days on the market. I love the cement balls water feature in the backyard pool. Sides to an open area to the east.
Our mortgage guy Stuart Crawford has this market report:
"With little economic data in the US last week, events in Europe were the primary influence on mortgage rates. During the week, shifting sentiment about the risk posed by Italy caused a high degree of volatility. By the end of the week, though, mortgage rates were little changed from last week.
Italy was the center of attention last week. While an important budget vote passed, Prime Minister Berlusconi failed to gain the support of a majority in Parliament. As a result, he agreed to resign. Italy will either hold special elections or will be ruled by a national unity government, a temporary coalition. Investors believe that a national unity government might be better able to implement politically unpopular austerity measures. The rapidly shifting events in Italy have had a significant impact on global financial markets and likely will continue to do so.
In Greece, an agreement was reached to form a coalition government, which is expected to accept the terms of the European Union bailout package. The Greek Prime Minister voluntarily resigned, and a new leader was named.
In the bigger picture, the fundamental questions in Europe remain the same. Will the weaker countries make the sacrifices necessary to cut spending and will the stronger countries be willing to pay the cost of the bailout? As perceptions change for the likelihood of the spread of the European debt troubles, investors will continue to shift funds between relatively risky assets and safer assets. US government guaranteed mortgage-backed securities (MBS) are considered to be less risky assets, and changing demand for MBS will keep mortgage rates on the move.
The most significant economic data this week will be the monthly inflation reports. The Producer Price Index (PPI) focuses on the increase in prices of "intermediate" goods used by companies to produce finished products and will come out on Tuesday. The Consumer Price Index (CPI), the most closely watched monthly inflation report, will come out on Wednesday. CPI looks at the price change for those finished goods which are sold to consumers. In addition, Retail Sales will be released on Tuesday. Retail Sales account for about 70% of economic activity. Industrial Production, another important indicator of economic growth, will come out on Wednesday. Housing Starts and Philly Fed will be released on Thursday."
Stuart can be reached at 480-776-2954 or scrawford@vipmtginc.com or
www.TheCrawfordTeamNow.com
Tags:aviano,desert ridge,phoenix,real estate,villages at aviano,fireside,Arizona,short sale,foreclosure,fireside at desert ridge,toll brothers,pulte del webb,bella monte,villages at desert ridge,blog. Information and pictures supplied by MLS and deemed reliable but not guaranteed. Proud to wake up, live and work in the great State of Arizona. Contact me at 480.330.0735 doug0735@gmail.com
