Desert Ridge Sold Homes
The September real estate meeting will be on 9.7.11 at the Aviano community center at 6:30 PM. Lasts as short or as long as you want. Bring your laptop and we will go through the past months sales, current actives and ANY listing you want to take a look at. Highly casual, free and the chairs are like butter. See you there.
This Elliott Home at 22839 North 53rd Street was owned by Bank of America and now is owned by regular folks who paid $286K. Sold by Elliott Homes on 4.29.99 for $244K, 11.16.01 for $265K then on 5.27.05 it sold for $516K. 1878 sq ft with 3 bedrooms, 2 baths, pool, and 3 car garage. Backs to a wash with the perfect east facing backyard and front facing west. This is perfect for big, pasty white guys like me who need shade in order to swim and with an east facing backyard that shade usually kicks in late afternoon.
The bank owned Colima model at 21623 North 39th Way just sold for $385K or $131 for each of the 2933 sq ft. Built 2007 by Pulte, it has 5 bedrooms, 2.5 baths and a 3 car garage. Part of the Splendor Series, this home was sold by Pulte for $612K on 11.15.07. Floorplan
Back over off Ranger is this M/I Home at 5338 East Herrera Drive that was a short sale that just closed for $601K. Built in 2000, this home has 3973 sq ft with 4 bedrooms, 3.5 baths, pool, spa and 3 car garage. In the gated community(only 26 homes) of Leroux Springs on a cul de sac next to common area park and common area behind.
And from Stuart Crawford, the mortgage guy:
"Concerns about the pace of global economic growth continued to drive financial markets last week, causing investors to shift to less risky assets. This trend was favorable for mortgage rates, which ended the week lower.
Debt troubles in Europe, worries about the health of European banks, and weaker than expected economic data in the US have contributed to an outlook for slower global economic growth. The reaction from investors has been to shift from riskier assets such as stocks to relatively safer assets such as gold and bonds. Despite the S&P downgrade of US debt, US government-guaranteed bonds, including mortgage-backed securities (MBS), have been a primary safe haven for investors. During the week, 10-yr Treasury yields reached a low below 2.00% for the first time since 1945, and MBS prices climbed to new highs. At these levels, though, it may be difficult for yields to move much lower.
Adding to the concerns of investors, the economic data released last week showed that inflation rose faster than expected in July. The July Consumer Price Index (CPI) increased 0.5% from June, above the consensus forecast of 0.2%, and was 3.6% higher than one year ago. Core CPI, which excludes food and energy, rose 1.8% from one year ago, which was also higher than expected. Core CPI was at a level of 0.8% at the end of 2010. The July Producer Price Index also increased at a faster than expected pace. Rising inflation makes the Fed more reluctant to provide additional monetary stimulus. The inflation data may have prevented mortgage rates from dropping even further this week.
This week, the New Home Sales figures will be released on Tuesday. It is a relatively light week of economic reports, which could lead to low volatility."
You can reach Stuart at V.I.P. Mortgage, Inc.
8722 E San Alberto Dr, Ste 100
Scottsdale, AZ 85258
Phone: 480-776-2954
scrawford@vipmtginc.com
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
This Elliott Home at 22839 North 53rd Street was owned by Bank of America and now is owned by regular folks who paid $286K. Sold by Elliott Homes on 4.29.99 for $244K, 11.16.01 for $265K then on 5.27.05 it sold for $516K. 1878 sq ft with 3 bedrooms, 2 baths, pool, and 3 car garage. Backs to a wash with the perfect east facing backyard and front facing west. This is perfect for big, pasty white guys like me who need shade in order to swim and with an east facing backyard that shade usually kicks in late afternoon.The bank owned Colima model at 21623 North 39th Way just sold for $385K or $131 for each of the 2933 sq ft. Built 2007 by Pulte, it has 5 bedrooms, 2.5 baths and a 3 car garage. Part of the Splendor Series, this home was sold by Pulte for $612K on 11.15.07. Floorplan
Back over off Ranger is this M/I Home at 5338 East Herrera Drive that was a short sale that just closed for $601K. Built in 2000, this home has 3973 sq ft with 4 bedrooms, 3.5 baths, pool, spa and 3 car garage. In the gated community(only 26 homes) of Leroux Springs on a cul de sac next to common area park and common area behind. And from Stuart Crawford, the mortgage guy:
"Concerns about the pace of global economic growth continued to drive financial markets last week, causing investors to shift to less risky assets. This trend was favorable for mortgage rates, which ended the week lower.
Debt troubles in Europe, worries about the health of European banks, and weaker than expected economic data in the US have contributed to an outlook for slower global economic growth. The reaction from investors has been to shift from riskier assets such as stocks to relatively safer assets such as gold and bonds. Despite the S&P downgrade of US debt, US government-guaranteed bonds, including mortgage-backed securities (MBS), have been a primary safe haven for investors. During the week, 10-yr Treasury yields reached a low below 2.00% for the first time since 1945, and MBS prices climbed to new highs. At these levels, though, it may be difficult for yields to move much lower.
Adding to the concerns of investors, the economic data released last week showed that inflation rose faster than expected in July. The July Consumer Price Index (CPI) increased 0.5% from June, above the consensus forecast of 0.2%, and was 3.6% higher than one year ago. Core CPI, which excludes food and energy, rose 1.8% from one year ago, which was also higher than expected. Core CPI was at a level of 0.8% at the end of 2010. The July Producer Price Index also increased at a faster than expected pace. Rising inflation makes the Fed more reluctant to provide additional monetary stimulus. The inflation data may have prevented mortgage rates from dropping even further this week.
This week, the New Home Sales figures will be released on Tuesday. It is a relatively light week of economic reports, which could lead to low volatility."
You can reach Stuart at V.I.P. Mortgage, Inc.
8722 E San Alberto Dr, Ste 100
Scottsdale, AZ 85258
Phone: 480-776-2954
scrawford@vipmtginc.com
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
