Giant Hamburgers and a Darn Good Breakfast as Well
December 19, 2009 by Gary Sattelberger · Leave a Comment
We stopped by one of our favorite places to have breakfast this morning on the way out to have a look at another potential investment property. Giant Hamburgers, on the southwest corner of Lindsay and Southern in Mesa is a small family run diner that has been keeping hungry customers happy for years. [...]
Its a “Renters” Market
December 16, 2009 by Gary Sattelberger · Leave a Comment
Valley apartment operators are struggling to fill their apartments, AZCentral.com is reporting.
Those interviewed in the article site the economy and competition from the foreclosure-homes that have been bought by investors and turned into rentals as big reasons for their troubles. Apartments are having to entice new tenants with offers of two or [...]
Is Cash King?
December 10, 2009 by Gary Sattelberger · Leave a Comment
A question I am frequently asked goes something likes this, “If I make a cash offer for the home will I be able to get it for less than list price?”
While I can’t say if a cash offer below list price will be accepted or not, one thing I do know is that in the [...]
I Hope They’ve Got Good Insurance
November 9, 2009 by Gary Sattelberger · Leave a Comment
I was driving through a neighborhood in Queen Creek last night and came across this odd sight. I don’t know the details about how this happened but I hope they have a good insurance policy.
$8,000 Could be Used for Down Payment!
May 13, 2009 by Gary Sattelberger · 1 Comment
WSJ is reporting, HUD through the FHA is working on plans to allow first-time home buyers to use the $8,000 tax credit for purchasing a home as the down payment if the loan is done through approved lenders and non-profits.
This is big! Not only would you not have to pay back the $8,000 but [...]
Queen Creek Real Estate Market Update – May 4
May 4, 2009 by Gary Sattelberger · Leave a Comment
Homes for sale in Queen Creek are a moving fast these days!
Overall, in the Queen Creek market there are 980 active single family detached listings with 441 homes sold in the last 30 days for an absorption rate of 2.2 months. Compared to the absorption rate for the Phoenix metro area as a whole, [...]
Goods News, Pre-Foreclosure Notices Set Record
April 27, 2009 by Gary Sattelberger · 1 Comment
In March, Valley pre-foreclosure notices (Notice of Default or NOD) set an all-time record. Through March 30th, 10,635 notices of trustee’s sale were sent out to distressed homeowners, which is a 25% increase over the preceding month of February. This is certainly not a good sign for the Phoenix housing market recovery but it might [...]
Bank Owned Homes Selling Fast
April 20, 2009 by Gary Sattelberger · 1 Comment
Bank owned homes are selling fast. In real estate we talk about something called the absorption rate which is calculated by dividing the currently available homes, inventory, by the number of sales in the last 30 days (1 month). Think of it as a snap shot of the rate at which housing inventory [...]
Technical Difficulties with Home Search Photos
April 15, 2009 by Gary Sattelberger · Leave a Comment
Well if it isn’t one thing its another. The third party provider of our home search has been having some problems getting the photos of homes to display correctly. They have promissed me they are working to get the problem fixed as soon as possible.
Technical Difficulties
April 14, 2009 by Gary Sattelberger · Leave a Comment
I’m sure you’ve noticed that AllPhoenixHomesforSale.com has been on the fritz lately but I am happy to say that all is now well. With the increase in readers on the site we found ourselves in need of a faster server to handle the demand. The transition was supposed to take place in the [...]
