Summit at Cooper Square can be financed with 3% down

The Summit at Copper Square is a 22 story building located in Downtown Phoenix next door to the Baseball Stadium.  Built in 2007 before the market crashed, they didn't sell all the units and the project filed bankruptcy.  I know that sounds bad but it's not.  The good part is an investment company bought the remaining units for penny's on the dollar and have been renting them out since. 

They started selling their units for cash or 20% down and a conventional loan.  Now that so many have sold, they can finance them with 3% down.  There are currently 1 and 2 bedrooms condos for sale starting in the high $100's. 

As for Downtown Phoenix condos, this is at the top of the list of best places to live.  They have a pool on the 5th floor, workout room and board room.  They also have a rooftop community room that can be used for private parties.

Look at all the great picture on my website and contact me with any questions.

The Summit at Copper Square

Downtown Phoenix residential values are ahead of other areas.

Betty Reid from the Arizona Republic is reporting the residential market is up but the commercial market is lagging behind.  That's not unusual when we are coming out of a recession.  The Downtown Phoenix condo market is a bit ahead of other residential areas with the increased popularity of Downtown Phoenix. 

Roosevelt Row Arts District remains at the heart of the people desired to move to the inner city selling their home in the suburbs and buying a condo in Downtown Phoenix.

The Phoenix Historic Districts are a very nice combination of a suburban neighborhood and urban living.  Many family's are deciding to live in the Historic Districts of Phoenix so they can have the best of both worlds. 

See many Phoenix condos and Phoenix Historic Districts at www.AZNativeProperties.com

Full Story from AZCentral.com

NPR reports "Sales Of New Homes Rise Again, Hit Five-Year High"

NPR reported today that home sales are up nationwide 8.3% in June over last year.  This is great for the economy overall.  In the Phoenix market, builders are buying land all over the valley so we can expect many new communities to start popping up.

On the resale market, home values continue to rise in the Phoenix market.  Seller's are putting their homes for sale and getting asking price and sometimes more.  If you price it right for the condition and neighborhood you could sell your home in just days. 

See the Whole NPR Story.

Go to www.AZNativeProperties.com for information on buying and selling your home.

Contact Chris F Campbell for more information.

New Listing at Artisan Village coming up for $199,900, 2 bed, 2 bath, 2 car garage

I have a new listing coming up this weekend at Artisan Village.  Located at 615 E Portland in the Roosevelt Row Arts District.  Just steps away from First Friday Art Walk, close to freeway entrance and walkable to the Light Rail.  Contact me at www.AZNativeProperties.com for more information or Chris F. Campbell

Rising Interest rates won't raise property values.

According to CNN/Money, Fannie Mae has announced that raising interest rates won't hurt the increase in property values if history is correct.

"History suggests that interest rate increases at the level recently witnessed will not stop the current housing recovery," the report said.

Read the whole story here:  http://money.cnn.com/2013/07/18/real_estate/mortgage-rates/index.html

Contact Chris F Campbell for more information.  www.AZNativeProperties.com or Chris@RooPhoRealty.com