Entries from March 2008 ↓

South Chandler’s First Bus Route is Coming!

chandler bus routeChandler has arrived..or at least the first bus route south of Pecos Road has.  Beginning this summer the first bus route will start on Dobson Road & Ocotillo with more routes to follow. 

The first route will begin in July and will run north to Riverview at the Red Mountain Freeway in Mesa.

Chandler’s Transportation Services Manager, Mike Normand announced to the Neighborhood Advisory Committee this week that Chandler can expect big increases in transit options and funding over the next few years.  This is great news for a wonderful community that was lacking mass transit.

 The next new route is planned for 2010 and will run on Gilbert Rd.  This route currently ends at Chandler-Gilbert Community College and passes through Gilbert and Mesa.  The new extended routh will continue south to Riggs Rd then east to Basha High School on Val Vista Drive.

In 2011 bus service will begin on Arizona Avenue in South Chandler and on Alma School in 2013.  Both lines will run to Ocotillo Rd and more lines will be added as the need arises.

By the end of this year, a park and ride lot will be completed at Tumbleweek park and the city has plans for another park and ride lot close to Snedigar Sportsplex next to the new Fulton Ranch Shopping Center on Alma School between Ocotillo and Chandler Heights.

 For more information about bus transportation in the city of Chandler visit the transportation website at http://www.chandleraz.gov/default.aspx?pageid=457

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For more Information visit Chandler Arizona Real Estate.  This information was provided by Amy Jones, a multi-million dollar top producing Realtor with RE/MAX Elite. Amy specializes in residential, vacation homes & cabins, as well as retirement communities in the communities of Ahwatukee, Chandler, Fountain Hills, Gilbert, Maricopa, Mesa, Paradise Valley, Queen Creek, Scottsdale, Sun Lakes, Tempe and the White Mountains communities of Pinetop/Lakes & Show Low.  Search the Arizona MLS

Phoenix Weekly Real Estate Market Update

2/9/08 2/16/08 2/23/08 3/1/08 3/8/08
Ahwatukee
Active Listings 709 714 715 707 711
Average List Price $509,507 $511,084 $518,428 $523,558 $533,453
Average Days on Market 144 143 143 142 143
Prior Week          
Sale Recorded (Closed) 15 14 6 15 14
Average List Price $446,673 $507,653 $293,633 $383,141 $275,617
Average Sales Price $419,493 $480,714 $284,483 $351,860 $263,750
Average Days on Market 230 210 85 148 109
Pending* 25 22 42 34 25
Chandler
Active Listings 2103 2131 2139 2122 2118
Average List Price $431,053 $427,519 $426,564 $425,248 $426,594
Average Days on Market 137 135 136 136 135
Prior Week          
Sale Recorded (Closed) 11 44 37 60 43
Average List Price $657,145 $281,713 $300,554 $353,966 $312,304
Average Sales Price $603,263 $270,078 $289,995 $335,135 $301,890
Average Days on Market 148 164 127 149 102
Pending* 95 80 68 78 78
Fountain Hills
Active Listings 502 504 508 520 520
Average List Price $1,051,607 $1,042,258 $1,039,856 $1,055,478 $1,052,129
Average Days on Market 178 178 180 180 184
Prior Week          
Sale Recorded (Closed) 4 6 3 7 7
Average List Price $510,849 $686,048 $514,633 $1,364,685 $1,184,628
Average Sales Price $483,000 $654,500 $491,666 $1,250,642 $1,144,328
Average Days on Market 149 117 203 108 277
Pending* 14 11 15 9 7
Gilbert
Active Listings 2453 2457 2443 2438 2448
Average List Price $405,233 $406,082 $406,758 $406,255 $406,379
Average Days on Market 131 132 132 130 131
Prior Week          
Sale Recorded (Closed) 22 30 42 88 40
Average List Price $302,649 $378,065 $288,552 $316,281 $334,748
Average Sales Price $291,437 $358,496 $275,796 $303,000 $313,764
Average Days on Market 150 113 165 102 158
Pending* 80 92 98 98 100
Maricopa
Active Listings 949 961 963 957 946
Average List Price $221,194 $219,116 $218,311 $217,408 $215,359
Average Days on Market 126 125 125 122 123
Prior Week          
Sale Recorded (Closed) 7 15 11 31 13
Average List Price $194,953 $203,579 $175,848 $192,362 $188,037
Average Sales Price $190,739 $197,552 $162,797 $184,553 $182,341
Average Days on Market 102 134 69 104 95
Pending* 32 36 48 34 37
Mesa
Active Listings 3430 3484 3486 3445 3486
Average List Price $367,271 $367,588 $368,529 $369,742 $363,401
Average Days on Market 136 136 137 137 137
Prior Week          
Sale Recorded (Closed) 43 45 57 95 43
Average List Price $234,156 $238,926 $245,510 $249,400 $316,813
Avg Sales Price $223,212 $229,227 $235,513 $240,133 $303,002
Average Days on Market 143 115 136 137 158
Pending* 97 121 118 124 127
Paradise Valley
Active Listings 432 439 445 443 460
Average List Price $3,722,507 $3,696,307 $3,673,184 $3,699,536 $3,625,117
Average Days on Market 193 192 197 199 196
Prior Week          
Sale Recorded (Closed) 1 2 2 3 1
Average List Price $1,550,000 $1,460,000 $1,607,450 $3,415,000 $1,299,000
Average Sales Price $1,425,000 $1,412,500 $1,575,500 $3,149,666 $1,116,000
Average Days on Market 221 81 28 323 260
Pending* 7 6 8 9 3
Queen Creek
Active Listings 2064 2086 2075 2061 2011
Average List Price $283,345 $281,141 $281,484 $278,930 $280,202
Average Days on Market 128 129 131 130 131
Prior Week          
Sale Recorded (Closed) 18 41 26 52 35
Average List Price $184,163 $231,734 $170,829 $203,877 $190,944
Average Sales Price $177,750 $221,019 $163,640 $199,597 $182,349
Average Days on Market 101 134 116 96 101
Pending* 70 73 92 94 113
Scottsdale
Active Listings 4226 4225 4265 4256 4297
Average List Price $1,272,694 $1,275,685 $1,273,300 $1,270,583 $1,263,124
Average Days on Market 167 168 170 168 169
Prior Week          
Sale Recorded (Closed) 26 48 50 85 41
Average List Price $794,158 $787,820 $718,253 $968,823 $947,824
Average Sales Price $731,606 $729,762 $669,977 $883,219 $886,373
Average Days on Market 104 141 164 172 143
Pending* 74 107 84 96 104
Sun Lakes
Active Listings 294 293 289 291 303
Average List Price $328,961 $329,690 $329,194 $326,417 $325,923
Average Days on Market 179 179 186 183 176
Prior Week          
Sale Recorded (Closed) 2 5 5 5 5
Average List Price $264,450 $255,380 $352,360 $287,180 $279,360
Average Sales Price $251,000 $236,800 $325,400 $267,800 $268,400
Average Days on Market 320 48 119 150 145
Pending* 6 13 12 9 8
Tempe
Active Listings 537 544 553 550 553
Average List Price $380,841 $386,366 $381,892 $382,443 $384,266
Average Days on Market 121 124 122 121 124
Prior Week          
Sale Recorded (Closed) 2 10 10 18 18
Average List Price $214,900 $313,620 $296,030 $274,211 $360,822
Average Sales Price $208,000 $299,280 $282,500 $259,027 $343,416
Average Days on Market 135 151 133 90 125
Pending* 21 18 21 26 22

 

Updated 3/9/2008

For more Information visit Chandler Arizona Real Estate.  This information was provided by Amy Jones, a multi-million dollar top producing Realtor with RE/MAX Elite. Amy specializes in residential, vacation homes & cabins, as well as retirement communities in the communities of Ahwatukee, Chandler, Fountain Hills, Gilbert, Maricopa, Mesa, Paradise Valley, Queen Creek, Scottsdale, Sun Lakes, Tempe and the White Mountains communities of Pinetop/Lakes & Show Low.  Search the Arizona MLS

New FHA Mortgage Limits Increased in Maricopa & Pinal Counties

The Federal Housing Administration (FHA) has TEMPORARILY raised the borrowing limits for government-insured home loans, the U.S. Department of Housing and Urban Development announced Thursday, March 6th 2008.
 
Updates highlighted HUD’s overall effort to make the processing of FHA loans easier and more cost-efficient so that lenders will be better able to offer FHA-insured loans and expand the availability of affordable financing for potential homebuyers. Down payment assistance from Nehemiah is available on all FHA purchase money loan programs.
 
What does this mean for the Phoenix area? The FHA maximum mortgage limits for Maricopa & Pima counties have been increased. The new mortgage limit for a single family home in Maricopa county is now $346,250 and Pima county is now $316,250.

An FHA loan allows potential home owners to purchase a home with only 3% down. The seller can contribute up to 6% of the buyers closing costs. Plus the buyer can get 100% of the down payment as a gift from a family member. So it is possible for someone to buy a home with an FHA loan with NO money out of pocket.

Spring Events in the Phoenix East Valley

It’s springtime in the Valley of the Sun. So before that infamous Sun starts puting out the heat, get outta the house and enjoy events in the Phoenix East Valley!  Here are just a few that deserve attention. 

Scottsdale Festival Artwalk, Every Thursday from 7-9pm
http://www.scottsdalegalleries.com/

Picacho Peak: Civil War Reenactment, March 8-9
http://www.desertusa.com/azpicacho/azpicacho.html

Fountain Hills Fine Art & Wine Affaire March 21-23
http://www.thunderbirdartists.com/festivals/FountHills_March07.htm

The Chandler Ostrich Festival March 7-9
http://www.ostrichfestival.com/

Tempe Festival of the Arts & Crafts (This ain’t your granny’s craft show!)March 28-30
http://www.tempefestivalofthearts.com/HomePage.aspx

Chandler Jazz Festival April 25-26
http://www.chandleraz.gov/default.aspx?pageid=160

Visit the Renaissance Festival through March 30th
http://www.royalfaires.com/ARIZONA

Spend the day at the Desert Botanical Gardens
www.dbg.org

Check out the Riparian Preserve in Gilbert
www.RiparianInstitute.org

Go to the Maricopa county Fair 4/9-4/13
www.MaricopaCountyFair.org

Spring Training Games at Tempe Diablo Stadium
www.LosAngeles.Angels.mlb.com

Check out all the events at Schnepf Farms
www.SchnepfFarms.com

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For more Information visit Chandler Arizona Real Estate.  This information was provided by Amy Jones, a multi-million dollar top producing Realtor with RE/MAX Elite. Amy specializes in residential, vacation homes & cabins, as well as retirement communities in the communities of Ahwatukee, Chandler, Fountain Hills, Gilbert, Maricopa, Mesa, Paradise Valley, Queen Creek, Scottsdale, Sun Lakes, Tempe and the White Mountains communities of Pinetop/Lakes & Show Low.  Search the Arizona MLS