From the monthly archives:

July 2008

Are home prices falling in Chandler, Arizona?

by Amy Jones on July 29, 2008

Here’s the scoop.  Yes, prices have fallen in Chandler.  However, the good news is they didn’t start falling as soon as some other communities, so the bottom line isn’t as depressing.  Check it out~

Home prices in Chandler, Arizona

You can find more great information about homes for sale in Chandler, Arizona on my website at www.AmySellsAZ.com.

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The bouncing ball of Real Estate in Chandler Arizona

by Amy Jones on July 26, 2008

Our Real Estate Market continues to bounce around.  Have we hit bottom?  By the looks of it…we are bouncing along the bottom and if all predictions are true, should be heading back up ….in 2010. 

Visit www.AmySellsAZ.com for complete weekly market updates on Phoenix East Valley Real Estate.

Amy Jones RealtorAmy Jones 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/Lakeside & Show Low. 

 

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Phoenix Makes Forbes Magazine’s Top 10 List

by Amy Jones on July 23, 2008

Investors are noticing the Phoenix real estate market and are BUYING!  Talk in the investor circles is that the Phoenix market has bottomed out (haven’t I been saying that?) and now is the time to buy. 

Forbes Magazine has taken note and named Phoenix one of the top 10 Real Estate Investment Markets in the country.

The investors that are buying in the Phoenix area today are a different type of investor than that who played havok with our market 3-4 years ago.  This investor is wiser.  Is not playing real estate mogul without a clue as to how that is done in the real world.  These investors know what they’re doing and they’re coming with cash in hand vs the “no money down” investors that finally burst our bubble during the boom.

Today’s investors are coming from out of state and Canada.  They’ve been watching our market for a couple years now and feel now is the best time to buy.  Good news at last for sellers in the valley.

So where did we rank?  Number 9.  But, if you look at the 5 largest cities we ranked as the most affordable.  Add to that our great schools, good highway system, beautiful new communities and outstanding weather…Well, it’s a no-brainer.  The Valley of the Sun just can’t be beat.

The top 10 cities for great real estate investment opportunities are…drum roll please…

#1 New York City, #2 Washington DC, #3 Los Angeles, #4 San Francisco, #5 Seattle, #6 Boston, #7 Chicago, #8 Las Vegas, #9 Phoenix and #10 Orlando.

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Where have all the Canadians gone?

by Amy Jones on July 20, 2008

Canadian buyer activity has slowed in the Valley.  “Why…oh…Why?” you might ask.  Canadian Flag

I have one very big reason to share with you…IT’S HOT!!!! Yes, that’s it.  Really.  This is the best time to be in Canada.  Temperatures are moderate and the snow is finally gone.  Combine that with it’s just about the worst time to be in Phoenix and you’ve got a reason. 

I’m still hearing from Canadians daily as they watch my Market Conditions Report  page and see our prices are still declining (though they aren’t falling as fast or as far as they were last year).  They are planning trips to Arizona in the fall to pick up some vacation property deals…and we’ll welcome them back with open arms and open doors!

Visit www.AmySellsAZ.com for complete weekly market updates on Phoenix East Valley Real Estate.

Amy Jones RealtorAmy Jones 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. 

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Ugly House Marketing Photo of the week

by Amy Jones on July 20, 2008

Ugly House Marketing Photo

Comes with a maid, right?  No?  WHY WHY WHY would this be considered a good look for marketing this home?  How much would it have taken to pick up the trash?  Could it be there’s a contest in Ugly Homes and Gardens?

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What’s the average income in the Phoenix area?

by Amy Jones on July 17, 2008

Another often-asked question by buyers moving to the area from out of state.  Just how do Phoenix area salaries compare to the rest of the country? 

We have a relatively strong economy here, but not as strong as it was over the last couple years.  The national mortgage crisis and the severe decrease in new home construction is a major contributing factor in our economic decline. 

But what ARE workers earning in the Phoenix area? Here are just a few annual incomes as reported in Phoenix Magazine.

  • Cashier $21,190
  • Child/family/school social worker $33,910
  • Computer systems analyst 70,240
  • Criminal Investigator $54,090
  • Database administrator $58,620
  • Drywall & ceiling tile installer $30,840
  • Electrical engineer $77,080
  • Floral designer 23,680
  • Landscape worker $20,570
  • Lawyer $110,000
  • Librarian $43,370
  • Physical therapist $63,730
  • Physician assistant $64,320
  • PR specialist $44,850
  • Registered nurse $58,880
  • Restaurant cook $21,440
  • Security guard $22,300
  • Teacher’s assistant $20,160
  • Truck driver $39,190
  • Waiter/Waitress $17,460

What are the in demand jobs locally?

  • Aerospace industry (including everyone from assemblers to accountants, managers to IT)
  • Accounting field (especially experienced accountants and CPA’s)
  • Financial jobs including tax accountants, public accountants, financial analysts etc
  • IT field
  • Engineering field
  • Computer services
  • wast managment
  • security business
  • Health care workers at all levels

What’s the least in demand industry…construction and mortgage-related jobs.

Next…where’s the best place to work?

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The long awaited opening of the final 4.5 mile section of the Loop 202 in the East Valley

by Amy Jones on July 16, 2008

Loop 202 East ValleyGetting around the East Valley will get easier as of July 21, 2008 as the final section of the 202 will be opened for traffic.  As a Realtor, this is something I’ve been anxiously anticipating for years. The Loop 202 has become my favorite highway, but don’t tell anyone or it will soon become clogged just like the others.  As of now, commuting is still pretty much a breeze except for some minor backups during rush hour. 

The entire Loop 202 crosses Chandler, Gilbert, Mesa and Tempe before intersecting with Loop 101, AZ 51 and I-10 and will certainly help to ease congestion. 

The 4.5 mile section that is opening next Monday from University Drive to Power Road cost $195 Million Dollars and was the most complex due to the amount of dirt that had to be excavated and flood control barriers that had to be built.  You may remember construction was delayed last summer when one of the concrete beams resting on a 25 foot high bridge toppled, creating a domino effect and causing 9 other girders to fall.  Wonder how you lean concrete beam on a 25 foot high bridge?  Was it lunch time and someone said…Oh…I think I’ll just leave it here for a minute?  Did lunch drag on that someone forgot where he had put the concrete beam?  Kinda makes you wonder. 

Anyway…Happy Commuting!

 

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Chandler AZ and surrounding East Valley 4th of July Fireworks

by Amy Jones on July 3, 2008

Fireworks in PhoenixI used to LOVE fireworks when I lived in the Midwest.  Temps were moderate though usually muggy (with fireworks sometimes being cancelled due to fog!) and except for having to be slathered in mosquito repellant (nothing like snacking on popcorn with a slight aftertaste of “Off” Repellant), it was a good time.

I’ve gone to 3 fireworks shows in the Valley since moving here in 2001.  Depending on which show you’re attending, you may still need that mosquite repellant if you’re sitting in a grassy area and you’ll also need a lot of water because it’s HOT.  Even after dark..you’re sweating.  I don’t like to sweat which is why I’ve only been to 3 fireworks shows.  But…I digress~

Here’s a line up of the biggest shows in the area:

Ahwatukee Fireworks ~ Rawhide

Admission Fee for this one but if you want to experience the old west, probably worth the price of admission.

Apache Junction Fireworks ~ Apache Junction HS Davis Field

Free ~ Entertainment and Events beginning at 5:00 pm.  Fireworks at 9:00 pm.

Chandler Fireworks ~ Tumbleweed Park

FREE ~ Events and Entertainment starting at 4:00 pm.  Fireworks at 9:00 pm.

Gilbert Fireworks ~ Rodeo Park

FREE ~ Events and Entertainment starting at 5:00 pm.  Fireworks at 9:00 pm.

Mesa Fireworks ~ Mesa Community College Riggs Stadium

$5 to park on campus. If not parking on campus $1 Admission Fee (6+ under free). Gates open at 6:00 pm.  Fireworks at 9:00 pm.

Tempe Fireworks ~ Tempe Town Lake

$8 Admission at the gate. Gates open at 4:00 pm. Fireworks at 9:00 pm. One of the biggest crowd drawing 4th of July events.  40,000 people are expected to pass through the gates with another 100,000 watching from areas outside the gates.  Entertainment, food, splash park.

Queen Creek Fireworks ~ Schnepf Farms

Admission is $10 per car.  Ride wristbands $5. Billed as one of the largest fireworks displays in the Valley. Entertainment, games, waterslide, rock climbing wall.  Opens at 5:00 pm with Fireworks at 9:00 pm.

Rustler’s Roost at the Pointe South Mountain ~ WATCH THEM ALL!

Can’t decide?  If you plan far enough ahead you can make reservations at the Rustler’s Roost at the Point South Mountain.  Order a steak and some rattlesnake…sit back, relax and see it all!

NOTE: Fountain Hills Fireworks have been cancelled due to fire danger.

Visit www.AmySellsAZ.com for complete weekly market updates on Phoenix East Valley Real Estate.

Amy Jones RealtorAmy Jones 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. 

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