Desert Ridge Homes Sold
The short sale Borrego at 3643 East Louise Drive just closed for $375K or $120 for each of the 3130 sq ft. Sold by Toll on 12.17.07 for $720K, it has 4 bedrooms, 3 baths, pool and split 3 car garage. The home backs to Deer Valley Road. Upgrades include slab granite on the kitchen and master bath cabinets, gas cooktop, built in bbq in the backyard, extended kitchen cabinets to the back wall of the house and nice tile work on the tub surround and shower. This home does have the spiral stairway leading to a second floor loft. 5 borrego models have sold this year for an average price of $426K. Congratulations to our new neighbors. Floorplan
In La Verne, the condo complex at the bottom of 40th Street just before you hit the 101, a bank owned unit (#2130) just sold for $155K. 1451 sq ft with 2 bedrooms, 2 baths and a 2 car garage. La Verne is zoned multi-family, high density on the tax records which show this unit was sold 11.7.05 for $360K even though the tax record also says it was built 2008.
DR Hortons Desert Peak community is roughly west and north of the intersection of Cave Creek Road and Pinnacle Peak Road. A short sale just closed there at 24728 North 28th Place for $214,900. 1829 sq ft with 3 bedrooms, 2 baths and a 2 car garage. Sold by DR Horton on 11.26.07 for $338K, this home backs to open area and has a larger, non standard lot.
Before construction view Post construction view
This Shea Home investor flip at 4020 East Williams Drive just sold for $285K. 2089 sq ft with 4 bedrooms, 2 baths and a 3 car garage, it was built in 2007. Sold by Shea Homes 4.30.97 for $172K, resold 8.13.07 for $485K, it was bought at the trustee sale 5.12.11 for 255,500.
The latest email from our community center lists these classes coming up: Yoga Classes/Kids Yoga/Boot Camp interval training/H2O Boot Camp/Simply Strength Team Training/Bodysculpt Class/Fit Factor/Kickin’ Strong/Zumba/Body Back Boot Camp and Stroller Strides. Aviano is a fantastic place to live. Call me if you need help achieving this goal.
From Stuart M Crawford, Branch Manager
Senior Mortgage Banker, V.I.P. Mortgage, Inc.
Phone: 480-776-2954
scrawford@vipmtginc.com
"Last week was packed with economic data, with Europe and the Fed taking center stage in influencing mortgage rates. Uncertainty about the economic outlook caused a flight to relatively safer investments, and mortgage rates ended the week a little lower.
In June, stronger than expected economic data caused investors to raise their growth outlook, which was negative for mortgage rates. Last week's disappointing jobs report removed much of the optimism and raised the overall level of uncertainty. Other factors also contributed to the increased uncertainty. Investors grew significantly more concerned about the debt problems in Europe, particularly in Italy. There was also a lack of progress in the US debt limit talks. The desire for safer assets was evident last week in improved mortgage-backed securities (MBS) prices, strong demand for the Treasury auctions, and higher gold prices.
When the FOMC Minutes from the June 22nd Fed meeting were released on Tuesday, investors were surprised to see that Fed officials were open to the idea of additional Treasury bond purchases to boost the economy. Following the June 30th conclusion of the second round of bond buying, investors believed that a third round would be extremely unlikely. In his testimony to Congress, Fed Chief Bernanke elaborated that Fed officials want to keep all options open, including further stimulus, depending on the strength of the economy. Bernanke noted that the economy would have to falter significantly from its expected pace of growth for the Fed to add stimulus. What investors took from the Minutes and the testimony is that in the event of a downturn the Fed may be quicker to provide additional stimulus than previously thought (Remember, these programs help keep a ‘lid’ on interest rates).
This is a light week in terms of economic data. Housing Starts will be released on Tuesday and Existing Home Sales will come out on Wednesday."
Tags:aviano,desert ridge,phoenix,real estate,villages at aviano,fireside,Arizona,short sale,foreclosure,fireside at desert ridge,Toll Brothers,pulte del web,bella monte. 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.
In La Verne, the condo complex at the bottom of 40th Street just before you hit the 101, a bank owned unit (#2130) just sold for $155K. 1451 sq ft with 2 bedrooms, 2 baths and a 2 car garage. La Verne is zoned multi-family, high density on the tax records which show this unit was sold 11.7.05 for $360K even though the tax record also says it was built 2008.
DR Hortons Desert Peak community is roughly west and north of the intersection of Cave Creek Road and Pinnacle Peak Road. A short sale just closed there at 24728 North 28th Place for $214,900. 1829 sq ft with 3 bedrooms, 2 baths and a 2 car garage. Sold by DR Horton on 11.26.07 for $338K, this home backs to open area and has a larger, non standard lot.
Before construction view Post construction view
This Shea Home investor flip at 4020 East Williams Drive just sold for $285K. 2089 sq ft with 4 bedrooms, 2 baths and a 3 car garage, it was built in 2007. Sold by Shea Homes 4.30.97 for $172K, resold 8.13.07 for $485K, it was bought at the trustee sale 5.12.11 for 255,500.
The latest email from our community center lists these classes coming up: Yoga Classes/Kids Yoga/Boot Camp interval training/H2O Boot Camp/Simply Strength Team Training/Bodysculpt Class/Fit Factor/Kickin’ Strong/Zumba/Body Back Boot Camp and Stroller Strides. Aviano is a fantastic place to live. Call me if you need help achieving this goal.
From Stuart M Crawford, Branch Manager
Senior Mortgage Banker, V.I.P. Mortgage, Inc.
Phone: 480-776-2954
scrawford@vipmtginc.com
"Last week was packed with economic data, with Europe and the Fed taking center stage in influencing mortgage rates. Uncertainty about the economic outlook caused a flight to relatively safer investments, and mortgage rates ended the week a little lower.
In June, stronger than expected economic data caused investors to raise their growth outlook, which was negative for mortgage rates. Last week's disappointing jobs report removed much of the optimism and raised the overall level of uncertainty. Other factors also contributed to the increased uncertainty. Investors grew significantly more concerned about the debt problems in Europe, particularly in Italy. There was also a lack of progress in the US debt limit talks. The desire for safer assets was evident last week in improved mortgage-backed securities (MBS) prices, strong demand for the Treasury auctions, and higher gold prices.
When the FOMC Minutes from the June 22nd Fed meeting were released on Tuesday, investors were surprised to see that Fed officials were open to the idea of additional Treasury bond purchases to boost the economy. Following the June 30th conclusion of the second round of bond buying, investors believed that a third round would be extremely unlikely. In his testimony to Congress, Fed Chief Bernanke elaborated that Fed officials want to keep all options open, including further stimulus, depending on the strength of the economy. Bernanke noted that the economy would have to falter significantly from its expected pace of growth for the Fed to add stimulus. What investors took from the Minutes and the testimony is that in the event of a downturn the Fed may be quicker to provide additional stimulus than previously thought (Remember, these programs help keep a ‘lid’ on interest rates).
This is a light week in terms of economic data. Housing Starts will be released on Tuesday and Existing Home Sales will come out on Wednesday."
Tags:aviano,desert ridge,phoenix,real estate,villages at aviano,fireside,Arizona,short sale,foreclosure,fireside at desert ridge,Toll Brothers,pulte del web,bella monte. 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.
