Desert Ridge Real Estate Activity
It's all sunshine and butterflies having lunch with your kids at school. That is, until one of their friends across the table asks 'Is that your grandpa Jason?' Health tests were done this past week and I'm sure that kid is a candidate for glasses.
According to the Heritage Foundation, if Americans want to return to full employment, which means unemployment would be around 5 percent, then they'll have to wait until 2018 if employers are infused with a new confidence and began hiring at the same average rate they did during the 2003–2007 expansion (+176,000 jobs per month). But 176,000 jobs per month is a far cry from the zero new jobs reported yesterday.
The short sale Serrantina at 22019 North 36th Street just closed in mls for $365K cash. Sold by Toll on 9.27.06 for $754K. This home has some nice touches; it backs to the east and the wash separating 36th street from 36th way, paver back patio and a small garden area that does look similar to the one at the end of the movie Godfather where the old guy had his heart attack. Nice tile work on the tub surround, a door and rounded exterior wall in the master bedroom, plantation shutters and staggered cabinets. 4 bedrooms, 3.5 baths and a 2 car garage. This is the Cassia Collection model that has the full bedroom and bath casita for use as an office or place for relatives to impose on you over the winter. Floorplan
We have a new listing over in Desert Peak which is a DR Horton community north of Pinnacle Peak Road on the west side of Cave Creek Road. 24734 North 29th Place is the address and the list price is $255K for 2503 sq ft, 5 bedrooms, 3 baths and a 2 car garage. Built in 2007, it is the Flagstaff model. This is a normal sale. Freshly painted, carpets cleaned and ready to move in. 4 bedrooms + extended loft and laundry room upstairs; 1 bedroom (or den) and full bath down. Kitchen with granite and stainless, gas range, tile in all baths and walkways. Neutral tones throughout, wood blinds on all windows. Garage with built-in storage cabinets and utility sink. Corner lot with single story home behind. Call me if you would like to see it. Floorplan
Hotcakes I tell you. The Eternal Series at Fireside is moving fast. 2 new specs just closed across Black Mountain Parkway from Pinnacle High School. 3671 East Zachary Drive is a "Copper" model with 1653 sq ft, 3 bedrooms, 2 baths and a 2 car garage. Just sold for $245K. The Copper model at 3685 East Zachary Drive just closed for $240K. Floorplan
New to the very tight lease market is the Velez model at 22521 North 39th Run priced at $3100 a month unfurnished. 3795 sq ft with 4 bedrooms, 3.5 baths and a 3 car tandem garage. Floorplan
Bundling mortgages everyone knew were never going to be paid into a "security" that could be sold is great for everyone except the last guy who buys them. And the last guy to buy them was our government. So now we have this:
"FHFA Sues 17 Firms to Recover GSE Losses
The Federal Housing Finance Agency (FHFA) has unleashed a barrage of lawsuits against Wall Street investment banks and major mortgage lenders. The agency is suing 17 financial institutions, as well as company officers and underwriters, alleging violations of federal securities laws related to the sale of private-label mortgage-backed securities to Fannie Mae and Freddie Mac. FHFA says the loans underlying the mortgage bonds carried a higher risk than what was disclosed to the GSEs at the time of purchase."
You can run but you can't hide and lots of folks are going to have a bad 2012 trying to 'splain how they sold these bad loans.
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. Contact me at 480.330.0735 or doug0735@gmail.com
According to the Heritage Foundation, if Americans want to return to full employment, which means unemployment would be around 5 percent, then they'll have to wait until 2018 if employers are infused with a new confidence and began hiring at the same average rate they did during the 2003–2007 expansion (+176,000 jobs per month). But 176,000 jobs per month is a far cry from the zero new jobs reported yesterday.
The short sale Serrantina at 22019 North 36th Street just closed in mls for $365K cash. Sold by Toll on 9.27.06 for $754K. This home has some nice touches; it backs to the east and the wash separating 36th street from 36th way, paver back patio and a small garden area that does look similar to the one at the end of the movie Godfather where the old guy had his heart attack. Nice tile work on the tub surround, a door and rounded exterior wall in the master bedroom, plantation shutters and staggered cabinets. 4 bedrooms, 3.5 baths and a 2 car garage. This is the Cassia Collection model that has the full bedroom and bath casita for use as an office or place for relatives to impose on you over the winter. FloorplanWe have a new listing over in Desert Peak which is a DR Horton community north of Pinnacle Peak Road on the west side of Cave Creek Road. 24734 North 29th Place is the address and the list price is $255K for 2503 sq ft, 5 bedrooms, 3 baths and a 2 car garage. Built in 2007, it is the Flagstaff model. This is a normal sale. Freshly painted, carpets cleaned and ready to move in. 4 bedrooms + extended loft and laundry room upstairs; 1 bedroom (or den) and full bath down. Kitchen with granite and stainless, gas range, tile in all baths and walkways. Neutral tones throughout, wood blinds on all windows. Garage with built-in storage cabinets and utility sink. Corner lot with single story home behind. Call me if you would like to see it. Floorplan
Hotcakes I tell you. The Eternal Series at Fireside is moving fast. 2 new specs just closed across Black Mountain Parkway from Pinnacle High School. 3671 East Zachary Drive is a "Copper" model with 1653 sq ft, 3 bedrooms, 2 baths and a 2 car garage. Just sold for $245K. The Copper model at 3685 East Zachary Drive just closed for $240K. Floorplan
New to the very tight lease market is the Velez model at 22521 North 39th Run priced at $3100 a month unfurnished. 3795 sq ft with 4 bedrooms, 3.5 baths and a 3 car tandem garage. FloorplanBundling mortgages everyone knew were never going to be paid into a "security" that could be sold is great for everyone except the last guy who buys them. And the last guy to buy them was our government. So now we have this:
"FHFA Sues 17 Firms to Recover GSE Losses
The Federal Housing Finance Agency (FHFA) has unleashed a barrage of lawsuits against Wall Street investment banks and major mortgage lenders. The agency is suing 17 financial institutions, as well as company officers and underwriters, alleging violations of federal securities laws related to the sale of private-label mortgage-backed securities to Fannie Mae and Freddie Mac. FHFA says the loans underlying the mortgage bonds carried a higher risk than what was disclosed to the GSEs at the time of purchase."
You can run but you can't hide and lots of folks are going to have a bad 2012 trying to 'splain how they sold these bad loans.
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. Contact me at 480.330.0735 or doug0735@gmail.com
