Sales in Aviano
Wednesday night is the next Aviano real estate meeting conveniently held at the Aviano community center. 6:30 PM in the little meeting room with the chairs that feel like butter to sit in. Bring your laptop or ipad and we will go through the recent solds, current actives and anything else you would like to see. Free. Casual. Lasts an hour.
From the Wall Street Journal comes an article entitled "A top Federal Reserve official says it is time to raise interest rates to avoid causing inflation and economic problems."
Thomas Hoenig, president of the Federal Reserve Bank of Kansas City, in a CNN interview broadcast Sunday said the U.S. should learn lessons from the last decade. Buyers: your risk of of the home you just bought going down a few bucks in value is nothing compared to the erosion of buying power you will experience when interest rates start to rise. And when you have guys on this level agitating for an increase - it will be coming sooner rather than later. If you are thinking of buying: do it now.
Catherine Reagor has an article in the Republic entitled "Phoenix-area shadow inventory of homes doing well in the market". A great look at how the inventory in Phoenix is flying off the shelf compared to other areas of the country. It is always location in real estate and Arizona has IT.
The short sale La Bella model at 3966 East Crest Lane closed for $399K on 5.28.11 in mls. 3666 sq ft with 4 bedrooms, 2.5 baths and a 3 car split garage. Built in 2004 by Toll Brothers, it was sold initially for $416K on 8.10.04 then sold for $575K on 10.14.04. A conventional loan was used so it appraised. Congratulations to our new neighbors. Floorplan Bird view
Last time I said Mr. Toll needs to give Linda, over at the sales office, a piggyback ride around the community center, someone came in to the sales office and asked her if that had happened. I stop in to get my kids a free cookie every so often. Slowly, I will eat away at the profit they made on my home - one cookie at a time! Building 17 just had the Pienza model, unit 1225, close for $274,168 for 1580 sq ft, 3 floors with 2 bedrooms, 2 baths and a 2 car garage. The 3rd floor has the master bedroom 16 X 13 with a large master bath and closet. Staircase is rounded with the with the second bedroom on the second floor which does eat into the size of the kitchen a bit. A conventional loan was used so it did appraise. Congratulations to our new neighbors. Floorplan Map
This Richmond American home at 26283 North 45th Place was a short sale and just closed for $225,500 or $106 for each of the 2131 sq ft. 4 bedrooms, 3 baths, pool and 2 car garage. This is the area on the SW corner of Tatum and Jomax and folks that live south of Jomax go to Wildfire Elementary. Sold by the builder 8.21.95 for $177K, then sold on 3.1.05 for $384K, this most recent sale was all cash. Bird view
Tags:aviano,desert ridge,phoenix,real estate,villages at aviano,fireside,Arizona,short sale,forclosure,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.
From the Wall Street Journal comes an article entitled "A top Federal Reserve official says it is time to raise interest rates to avoid causing inflation and economic problems."
Thomas Hoenig, president of the Federal Reserve Bank of Kansas City, in a CNN interview broadcast Sunday said the U.S. should learn lessons from the last decade. Buyers: your risk of of the home you just bought going down a few bucks in value is nothing compared to the erosion of buying power you will experience when interest rates start to rise. And when you have guys on this level agitating for an increase - it will be coming sooner rather than later. If you are thinking of buying: do it now.
Catherine Reagor has an article in the Republic entitled "Phoenix-area shadow inventory of homes doing well in the market". A great look at how the inventory in Phoenix is flying off the shelf compared to other areas of the country. It is always location in real estate and Arizona has IT.
The short sale La Bella model at 3966 East Crest Lane closed for $399K on 5.28.11 in mls. 3666 sq ft with 4 bedrooms, 2.5 baths and a 3 car split garage. Built in 2004 by Toll Brothers, it was sold initially for $416K on 8.10.04 then sold for $575K on 10.14.04. A conventional loan was used so it appraised. Congratulations to our new neighbors. Floorplan Bird viewLast time I said Mr. Toll needs to give Linda, over at the sales office, a piggyback ride around the community center, someone came in to the sales office and asked her if that had happened. I stop in to get my kids a free cookie every so often. Slowly, I will eat away at the profit they made on my home - one cookie at a time! Building 17 just had the Pienza model, unit 1225, close for $274,168 for 1580 sq ft, 3 floors with 2 bedrooms, 2 baths and a 2 car garage. The 3rd floor has the master bedroom 16 X 13 with a large master bath and closet. Staircase is rounded with the with the second bedroom on the second floor which does eat into the size of the kitchen a bit. A conventional loan was used so it did appraise. Congratulations to our new neighbors. Floorplan Map
This Richmond American home at 26283 North 45th Place was a short sale and just closed for $225,500 or $106 for each of the 2131 sq ft. 4 bedrooms, 3 baths, pool and 2 car garage. This is the area on the SW corner of Tatum and Jomax and folks that live south of Jomax go to Wildfire Elementary. Sold by the builder 8.21.95 for $177K, then sold on 3.1.05 for $384K, this most recent sale was all cash. Bird viewTags:aviano,desert ridge,phoenix,real estate,villages at aviano,fireside,Arizona,short sale,forclosure,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.
