December 2016 – Phoenix Real Estate Market Statistics

Listings Under Contract Up 2.6%

Monthly Closed Sales Up 19%

For Buyers:

There’s both good and bad news for first-time home buyers this month. The good news is that there’s been a 22% increase in single family active listings asking between $175,000-$200,000 over the last 10 weeks, going from 1,065 to 1,295. Current inventory is 10% higher than where it was in week 49 of last year, adding some much needed choice to a high demand price range. The added supply is not universal across the valley; increases have been marked specifically in Buckeye, Surprise, Sun City, Peoria and Mesa.

The bad news for home buyers is that supply overall is down 3.7% while the level of competing buyers is remaining seasonally consistent. The Southeast Valley specifically has not seen the typical increase in supply that happens this time of year. This indicates that the area will kick off 2017 with low supply just before the expected increase in buyer activity come February. In this case, the cost of waiting to purchase will be a lack of choice and possibly having to compromise on the condition or location of the property they choose to buy.

For Sellers:

Bad news for buyers usually translates into good news for sellers, especially after positive news reports of Realtor.com ranking Phoenix as the #1 projected real estate market in the country for 2017. However, it’s still not a market to be overpriced regardless of the strong demand for homes. Some price ranges have more competing listings than others, especially in areas such as North Phoenix, Mesa, Gilbert and Peoria where there is competition from new home subdivisions. Permits for single family homes have been on the rise to accommodate the demand. This provides more choice for buyers in those areas, balances out the market and keeps annual appreciation in check. The areas projected to have the highest appreciation rates are those where there is a high level of fix and flip activity along with a more affordable price range under $175,000.

This is the data taken from the entire Metro Phoenix Area. Provided by David Patterson, Designated Broker at Quatnum of Arizona, REALTORS 623-476-5005

Patterson Group Hosts 4th Annual Food Drive

Patterson Real Estate Group 4th Annual Food Drive 2016

Spending time with family and friends is what makes the holidays so enjoyable. With the Holiday Season quickly approaching we need your help to make other families holiday as enjoyable as ours. Today marks the first day of Our 4th Annual Holiday Food Drive and ends November 30, 2016.

Click to see the event page on Facebook:

Here’s how to help with Food Drive

Bring your bags or boxes of food to the PRG real estate office. They are located behind Wells Fargo at 34406 N 27th Drive, #140 in Tramonto between the hours of 9am and 5pm M-F.

On Sunday November 20th, 2016 they will pick up form your home. Fill up a box or bags with your food donations and leave on front porch. Free pickup! Front door service!! They will make pickups between 9am to 5pm on that Sunday.

***** To get your name on the pick-up list simply fill out the quick form and they will take care of the rest.

Please consider these most needed no-perishable food items:

patterson-real-estate-group-food-drive-2016-wish-lisr

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Canned goods such as lunch Soups, Chunky Soups, Beans, Stew, Chili, Tuna, Chicken, Spam, Salmon, Tomatoes, Sauces. Dried goods such as Pasta, Rice, Beans and Potato Sides, and other items such as Jelly, Sugar, Flour, Tea and Coffee.

Other needed items such as Diapers – size 4, 5 and 6, wet wipes, shampoo, detergents, toothbrushes and toothpastes, lotions.

The food drive benefits the Foothills Food Bank of Cave Creek to bring hope, relief and food to our neighbors in need. They need our help more than ever to meet more of the growing needs in our community.

Your support allows Foothills Food Bank to continue providing needed services to families in Anthem, Black Canyon City, Carefree, Cave Creek, Desert Hills, New River, North Scottsdale, North Phoenix and Rio Verde that are trying to overcome financial challenges. Foothills Food Bank regularly helps over 345 families monthly, and they need our support as the number of need grows.

Thank you for all your support!!!!

Battle of the Burbs 2016

It is back – Battle of the Burbs 2016

The MIX 96.9 Battle of the Burbs 2016 is in full swing and Anthem needs your vote!

Last year Anthem ended in the runner-up status as many residents showed their support and showered the community with pride.

We need to take it home this year!

Anthem Battle of the Burbs Needs You

Round 2 voting is currently active and Anthem has made it to the Top 16 Burbs! But we need to keep voting. It looks like Anthem has a solid lead over Laveen at this time, but there are still 2 voting days left. Lets end Round 2 strong!!

Place your votes by visiting this link

http://mix969.iheart.com/pages/battle-of-the-burbs/2016/

Your vote will help secure Anthem in the next round and battle for one of the Great 8 positions!!

The Next Rounds of voting

Round 2 (Top 16) Voting: March 18 (10am) – 23 (8am)

Round 3 (Top 8) Voting: March 23 (10am) – 28 (8am)

Round 4 (Top 4) Voting: March 28 (10am) – April 1st (8am)

Final Round Voting: April 1st (10am) – April 5th (11:59pm)

Winner will be announced on April 6th at 7:05am

Powerball to hit the 1.5 Billion Dollars on Wednesday 1-13-2016!

The Powerball frenzy is in full swing, most everyone in America is trying to get their piece of the American dream. With the Jackpot projected to exceed 1.5 Billion, yes billion with a B, it is going to break all worldwide records for a lottery.

So the big question to me is….winning that much money what do you do with it. Get all the cash upfront in the lump sum or take the 29-year payout? I have always had the mindset that I would take the lump sum, pay the huge tax bill and be done. I mean after all, 29 years in a longtime. Being 50 one might say I will run out of time before the payments are complete.

Well known billionaire and “Shark Tank” super star Mark Cuban recounted the day he became a billionaire on an episode of James Altucher’s podcast. He stated “The million was fun because it was a drinking million, right. It was, “On my god, I’m going to love this, my life has changed, but I got to keep on working because I haven’t hit my goals yet, and there’s so much more I want to do.”

The billion was, “I can’t $%^&* believe it.” Literally, I was sitting in front of a computer, naked, hitting the refresh because we were close, waiting until my net worth hit that billion when the stock price got to a certain point, and then I kinda screamed and jumped around and then got dressed.”

The billionaire and “Shark Tank” star gave this advice on The Dallas Morning News:

Hire a tax attorney first.
Don’t take the lump sum. You don’t want to blow it all in one spot.
If you weren’t happy yesterday, you won’t be happy tomorrow. It’s money. It’s not happiness.
If you were happy yesterday, you are going to be a lot happier tomorrow. It’s money. Life gets easier when you don’t have to worry about the bills.
Tell all your friends and relatives no. They will ask. Tell them no. If you are close to them, you already know who needs help and what they need. Feel free to help SOME, but talk to your accountant before you do anything and remember this, no one needs 1m dollars for anything. No one needs 100k for anything. Anyone who asks is not your friend.
You don’t become a smart investor when you win the lottery. Don’t make investments. You can put it in the bank and live comfortably. Forever. You will sleep a lot better knowing you won’t lose money.

Sounds like solid advice, but I think I will still take the lump sum when I win!

What would you do?

Photo: Getty, via Business Insider

The exchange, posted Altucher’s Tumblr, begins at 42:45

New Trash Collection Schedule in 2016 for Anthem Arizona

New Trash Collection Schedule in 2016

Republic Waste and Recycling Service announced new trash collection dates in 2016 in Anthem, Arizona.

The new service time and days start on January 4, 2016. Both the trash and recycling collections will take place on the same day.

New Trash Collection Schedule in 2016 for Anthem Arizona

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As a reminder please be sure to:

Place bins on the street.
Do not place bins on the sidewalk or driveway.
Use caution when driving and parking on streets during collection days. the trash can could prevent you from seeing objects and more importantly people!
Sightlines and visibility might be impacted.

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Christmas Tree Disposal

Did you enjoy a real Christmas Tree this year and need a place to dispose of it? Well Republic Services has you covered. They are offering Christmas tree disposal. On January 2nd and January 9th at the lower lot of Community Park from 9am to Noon you can drop your tree off free of change. Republic Services will remove the tree from your vehicle. Please be sure to remove all the lights and decorations prior to heading to the drop off.

3 Earthquakes Strike just 20 miles North of Anthem Arizona

3 Earthquakes Strike just 20 miles North of Anthem Arizona.

Last night our city rocked as 3 earthquakes hit the area of Black Canyon City approximately 20 miles north of Anthem, Arizona with the largest – a magnitude 4.1 just before 11:30 p.m.

We have not heard of any damages as these series of Earthquake, in my opinion, little ones!

The Richter Earthquake Magnitude Scale

Richter Scale

The Richter scale, developed in the 1930s, is a base-10 logarithmic scale, which defines magnitude as the logarithm of the ratio of the amplitude of the seismic waves to an arbitrary, minor amplitude.

As measured with a seismometer, an earthquake that registers 5.0 on the Richter scale has a shaking amplitude 10 times that of an earthquake that registered 4.0, and thus corresponds to a release of energy 31.6 times that released by the lesser earthquake.^[1]

The Richter scale was succeeded in the 1970s by the Moment Magnitude Scale (MMS). This is now the scale used by the United States Geological Survey to estimate magnitudes for all modern large earthquakes. But, earthquake magnitudes are still sometimes incorrectly reported by the press as “an earthquake of XX on the Richter scale”, when the correct terminology using the MMS is “a magnitude XX earthquake”.

wikipedia

Java & Jammin – 2nd Saturday of Every Month

Java & Jammin’

Come on out to the Java & Jammin’ get together the 2nd Saturday of every month on the Terrace at the Anthem Civic Center .

Meet friends and neighbors! Starts at 9:30 am and runs until about 11:30 am!

Java & Jammin’ is a monthly, family-friendly program that features live musical performances and free coffee and treats so is great for people wanting to make friends, of course you can also make friends online in sites like https://chatempanada.com. Families, friends and new acquaintances who love Anthem can sit and chat over a cup of joe, relax and enjoy some live music in the Anthem Civic Building. Hangout with your fellow residence on the terrace ot relax in the plush lounge area with couches and chairs.

Whether you’re catching up with old friends or making new acquaintances, this monthly event provides the perfect setting to socialize and connect with fellow Anthem residents. The Terrace at the Anthem Civic Center offers a comfortable and inviting space to unwind, with plush lounge areas featuring couches and chairs where you can kick back and enjoy the music.

So mark your calendars for the 2nd Saturday of every month and join us for Java & Jammin’! It’s a wonderful way to start your weekend with good company, great music, and delicious refreshments. We look forward to seeing you there!

Children are welcome to attend.

You can also read more about this event at http://www.onlineatanthem.com/anthem-civic-building-events

Our Very Own Outlet Mall!

Download Your Map of Outlets at Anthem

The Outlets at Anthem has been in the Anthem Community before Anthem was Anthem. They are located on the Westwide of Anthem at 4250 W. Anthem Way, Anthem, AZ 85086. There are over 60 designer shops featured and you will find most of the big name brands here. Names that you know like Nike, Under Armour, The Gap, PacSun, Calvin Klein and Coach are just a few in their lineup.

The complex has been recently expanded and updated. The Food Court and visitors center has been updated. There is now more parking and 300 covered parking spaces for the warm summer months. There is also plenty of parking for RVs and trucks. Implementing ways of avoiding truck accidents, such as designated truck lanes, clear signage, and regular maintenance of roads and parking areas, can further enhance safety for all visitors. However, in the unfortunate event of an accident, you may need a legal expert like a California truck accident lawyer to navigate the complexities of the legal process and seek appropriate compensation. These parking spaces could be safer and more organized if the are proper Car Park Markings.

Understanding how laws vary from state to state is essential when dealing with sensitive situations. Resources like https://www.newjerseycriminallawattorney.com/ are designed to offer guidance, ensuring you have reliable information and access to experienced legal professionals who can address your specific concerns.

Some of the On-Site Features:

5-Star Guest Services
Air-Conditioned Food Pavilion Featuring FREE Wi-Fi Services and Flat Screen Televisions
ATM Services
Sparkling Clean Restrooms and Mother’s Lounge Area
Complimentary Wheelchairs & Strollers
Covered Parking Areas
Curbside Loading and Unloading
Outdoor, Shaded Children’s Play Area & Splash Pad
Children’s Play Area
Pet Friendly Service
Electric Car Charging Stations
Vending Machines
Lottery & Scratcher Ticket Sales
Things to do Brochure Center
Gift Cards Available for Purchase
Free VIP Savings Card

The Outlets at Anthem is also host to the nation Tallest Christmas Tree! That’s right. The Tallest Christmas Tree in the Nation will be lit this year on November 14, 2015. There will be FREE concerts and prize giveaways.

Be sure to check out their website for the latest news, sales and discounts!

Why you need a Real Estate Professional to Sell your Home

If you’re planning to sell your home, it’s probably crossed your mind to try to sell it yourself and save the sales commission. But, there are some very good reasons why that would be a mistake.

According to housing industry experts at HomeGain.com and Realtor.org, more homes listed by real estate agents are sold than homes marketed by owners, and they sell more quickly and for more money.

Homes listed by real estate professionals get more exposure and their sellers get more support. Real estate professionals offer many advantages:

• They’re trained and licensed professionals who also suggest the lawyers to do estate planning for your kids and for their next generation too.
• They have experience in your neighborhood and your market.
• They have oversight from brokers and state licensing officials.
• Their job is to advise you the best way to reach your goals.
• Their continuing education keeps them up-to date on housing issues.
• They know how to present your home (that was recently insulated with the help of experts from fdinsulation.com) and deal with buyers.
• They know how and where to market properties.
• They know how to overcome typical snags that occur in all real estate transactions and closings.
• They understand state-required disclosures and look out for your best interests.
• They understand personal safety and security for your belongings during showings.
• They know the best resources to make transactions go more smoothly, from bankers to home-staggers to contractors.
• They have the most accurate data sources – the MLS, the only data repository that has the most up to-date listing and sales information.
• They know how to negotiate.
• Their job is making real estate transactions successful.

When you market your own home, you have to make the time to do all the jobs a real estate professional would do and most lack the marketing skills or experience to get the job done. And you’ll be competing against other sellers who have real estate professionals by their sides either. This is where SEO can significantly enhance the visibility of your listing online, drawing more potential buyers and competing effectively against other sellers who are represented by real estate agents. Visit https://victoriousseo.com/verticals/real-estate/ to get all the details.

If you can’t leave work to show your home, or you feel it requires more knowledge and experience than you have, you can’t go wrong by hiring a well-respected real estate professional.

Buying New Construction Home is Finally an Option!!

Buying A New Build Home

In the years past, it just did not make sense to purchase a new build home due to the additional costs associated. However, with resale home prices on the rise the market is finally getting to a point that buying a new construction is an option. Discover our mast climber fleet, designed to streamline construction processes and enhance efficiency on-site.

Many of the new construction home builders, Pulte Homes, Toll Brothers Luxury Home Builders and Lennar Homes, have begun to offer incentives to help make the purchase even more affordable. A lot of people are also looking into custom home building wherein they can be in charge of their home’s construction. This means choosing their own materials such as concrete, pole barns, etc.

However, some people often prefer buying land with an older home already built to get an even better price. This can also be an option for others looking to buy a home, but if the older home isn’t very pleasing what most decide to do is hire residential demolition services to get rid of it and start building from scratch. Building a home may require Crane Logistics and Planning and a team of contractors and suppliers. Take note that this option will cost more. Therefore, if you’re on a budget, you can still buy older homes but just get a home inspection to know that you’re getting the max return. If you’ve been contemplating the idea of securing a new home tailored to your preferences, now might be the perfect time for us to delve into your options, including important aspects like snagging inspections london to ensure your future home meets the highest standards.

You can fill here and complete your contact information. One of our Professional Agents will contact you! Remember, the builder does not represent your interests when purchasing, don’t make a move without a trusted Real Estate Professional.