Looking to live the High Rise Life? There are 38 condos for sale in High Rise buildings along Central Ave ranging in price from $127k to $450k. Call me for more information. 602-224-0554

Rock-bottom mortgage rates moved even lower this week, hitting 4.12% for a 30-year fixed rate loan, according to Freddie Mac.

In the first three months, home prices rose 10.3% on an annual basis, according to the S&P/Case-Shiller report. In March, an index of 20 large housing markets gained 12.4% year-over-year. Values are still going up but I expect the increase to slow throughout this year.

http://www.aznativeproperties.com/

Homes near Phoenix Light Rail are selling fast. Click on the date below for more information.

Locally, in the Metro Phoenix market, residents are wanting to live in the Urban areas more and more.  Catherine Reagor, of AZCentral.com, reports "By percentage, growth of infill home building is outpacing the rest of metro Phoenix's new-home market."  She also reported "New houses going up near the Metro light rail are selling within days and sparking bidding wars. For-sale signs posted on lots vacant for decades are being replaced by dirt movers and contractors' pickups."

Piestewa Peak Area Real Estate

RooPho Realty helps buyer's and Seller's all over the valley and we just added a new page with properties in the Piestewa Peak / Squaw Peak area.  Check out the great communities listed near the Peak and all the other areas of Metro Phoenix.

We can help you with all residential properties throughout the valley.

Phoenix leads the market in Home value increases

Phoenix led all cities with an annual gain of 23% in February. Prices jumped nearly 19% in San Francisco. In Las Vegas, home prices increased 17.6% and in Atlanta they rose 16.5%.

If you thinking of selling your home, Contact RooPho Realty at 602-224-0554.  We'll get you the best price for your home.

Pending Home Sales up Nationwide in March.

The number of Americans who signed contracts to buy homes rose in March to the highest level in three years.

The National Association of Realtors says that its seasonally adjusted index for pending home sales rose 1.5 percent to 105.7. That’s the highest since April 2010, when a homebuyer’s tax credit boosted sales. It’s also above February’s reading of 104.1.

Signed contracts are 7 percent higher than they were a year earlier. There is generally a one- to two-month lag between a signed contract and a completed sale.

www.AZNativePropertie.com

New Construction Housing Starts up...

The annual pace of housing starts topped 1 million for the first time in nearly five years in March, another sign of the rebound in the sector.

The pace of housing starts came in at an annual rate of 1.04 million in the month, up 7% from February and 47% from a year earlier. It marked the first time since June 2008 that the pace of building crossed the 1 million benchmark.

Great news for the housing recovery.

www.AZNativeProperties.com

Luxury Homes sales are up in Phoenix

At the beginning of April, there were 2,267 houses listed at $500,000 or more on the market, a 3 percent increase from March, according to the latest report from Walt Danley Realty and Arizona State University housing analyst Mike Orr.

Of the upscale houses for sale, 90 were short sales. That compares with 182 short sales offered on houses priced above $500,000 in April 2012. Only 13 of the homes were lender-owned. Last year, 47 luxury houses were lender-owned.

There are 462 houses for sale in Phoenix area priced above $2 million, compared with 444 last year. There is only one lender-owned house priced above $2 million.

Luxury-home sales are up from last year. During March 305 houses priced above $500,000 sold, compared with 266 last March.

Source:  By Catherine ReagorThe Republic | azcentral.com Fri Apr 19, 2013 11:17 AM

www.AZNativeProperties.com

Phoenix area home prices increased by 22.7%

Home prices in the Phoenix area increased by 22.7 percent in January making it the largest increase in the nation. CoreLogic’s report released today says the change represents the 11^th consecutive month of national price increases. Mark Fleming, the chief economist for CoreLogic, says this is a sign the housing market is gaining momentum, and will enter the spring selling season on sound footing.  Post on KJZZ.org, By: Kendra Worsnup on 03/05/2013

Information on Metro Phoenix properties at www.AZNativeProperties.com

New home construction expected to increase in 2013

2012 saw 11,615 new homes started and built in Metro Phoenix, that's more than any year since 2007.  Analysts believe we could see 16,000 homes built this year.

That's no where near the boom of 2005 and 2006 when 60,000 homes where built in each year.  No one really wants to see that happen again.

I like to think the public is wiser and won't let that happen again.

There are some new condominiums being built, Portland 2.  These conominums located in downtown Phoenix, are the only ones currently being built south of I-10. 

There are still many homes on the resale market and they are selling fast.  There are currently about 150 homes and condos on the market in the Downtown and Mid Town area of Phoenix. 

South Mountain, Baseine Corridor Condos and Townhomes

South Mountain area and the Baseline Corridor have many great condo and townhome communities.  Many have views of golf course or the mountains and are close enough to enjoy the hiking and biking available on South Mountain. 

This area is also only about 15 mintues from Downtown Phoenix to the north and Downtown Tempe to the east.  This location makes it great for people who work in the Urban Centers and still want to live in suburbs and close to hiking, biking and other activies in South Mountain Park. 

Some of the communities have 2, 3 and even 4 bedroom homes.  Many also have 1 or 2 car garages and community pools, spas and workout rooms.

Get more informaiton on these and many areas of Metro Phoenix at www.AZNativeProperties.com or Contact Chris F Campbell at Chris@RooPhoRealty.com or 602-224-0554

Arrowhead Condos and Townhomes

If you're interested in living in the Northwest Valley, considering looking at Arrowhead condos and townhomes.  There are many nice places, mostly built since the 1980's and close to shopping, restrurants and entertainment.  The Sports complex for football and hockey are easy to get to and of course all the events these stadiums do throughout the year. 

Madison Place Townhomes

Madison Place started building again.  I don't have current prices but this community was started in 2008 just when the market started to crash.  The developer stopped building and reccently started up again. 

They have a great location just north of Camelback on 16th Street. 

They have 1 bedrooms + den and a 2 bedroom townhomes.  They have very nice standard features such as upgarded cabinets and granite counters, upgrade carpet and some wood floors.  Check out Madison Place on my website for some pictures and call me for more information.

Portland 2 in Roosevelt Arts District

 If you're lookin gto move Downtown but still want contemporary comforts like 3 bedrooms, 2.5 baths and a 2 car garage, you should consider Portland 2. 

Located just off I-10 and 7th Street, you can walk to anything downtown including the Light Rail stop and also hop on the Freeway system.

These units have high standard features so up grades are available but certainly not mandatory. 

They have standard hardwood floors, upgraded kitchen cabinets and slab granite counters. 

There are large windows so you can enjoy all the views.  Some exposed duct work and metal staircases.

Some units will be complete by Feb 2013 and others will be completed by the summer of 2013.  If you want the chance to pick your own cabinets, flooring and finishes, now is a good time to see them and start building your dream 

home downtown.

Contact me at Chris@RooPhoRealty.com or 602-224-0554.

You can also get more information at Portland 2.

And more information about real estate throughout the valley at www.AZNativeProperties.com.

Renaissance Park Condominiums

Renaissance Park Condos has been popular since it was built in 1988 because of it's great location to Downtown.  Located on the edge of downtown at 7th Street and Washington.

A Light Rail stop is only 3 blocks away and you can walk to just about everything Downtown. Of course the Ball Park and Basketball Arena are just across the street. 

The community has 1, 2 and 3 bedrooms units ranging from under 1000 square feet to 1800 square feet.   

 

Renaissance Park is known for their green lush landscaping, waterfalls and ponds around the community.  It really makes for a nice walk around the community and sit and read by a fountain.

 

There are also 2 pools a spa and a work out room and the community is gated.   



The Mark Condominums, Scottsdale AZ

  Downtown Scottsdale has many things you'd want from shopping, dining, entertainment, sports and many nice Mid Century Modern homes and condos to the luxury of today with wonderful places like The Mark Condos. The Mark is defined by high end standard features such as upgraded cabinets, granite counter tops, stainless appliances and functional floor plans.  The Mark has amenities such as a roof top pool and lounge area, workout room and community room.

 Located just off of Indian School Road and west of Scottsdale Road, it's not far from everything in Old Town Scottsdale. Get more information from www.AZNativeProperties.com or contact Chris@RooPhoRealty.com or 602-224-0554

Tapestry on Central, Mid-Town Phoenix AZ

Mid-Town Phoenix is a great area with plenty of dining and entertainment.  Of course the Light Rail goes right down Central Ave and at the Encanto Blvd stop is Tapestry on Central.  Tapestry is a large community with 3 buildings each 7 stories.  The first two floors and the 6th and 7th floors are 2 story condos and the 3rd, 4th and 5th floor of each building are flats.  There are over 30 floor plans so they have almost every layout you could want.  There are 1, 2 and 3 bedroom units and many have dens.  All units have a gas fireplace and they have at least one balcony, many have two. 

 

Located on the east side of the Willow Historic District right on Central Ave.  Across the street is the Heard Museum and just a block north is the Historic Durant's Steak and Lobster restaurant and the contemporary Switch restaurant. 

 

The community has underground parking, lap pool, spa, workout room, community room and community BBQ's.  There are also elevators on each floor.  There is also a large community area in the middle of the complex with the pool/Spa area.  All condos over look the interior or views of the city, both are nice views.    Prices are moderate with one bedrooms starting in the low to mid $100's.  A 1900 sq ft condo with 2 bedrooms, 2 baths and a den is currently listed for just over $300k.

 Here are two examples of floor plans.  RooPho Realty has all of the floor plans so you can see the layout before you go look.

Visit www.AZNativeProperties.com or contact Chris at Chris@RooPhoRealty.com or 602-224-0554

 

Portland II in Roosevelt Row Arts District



If you're thinking you'd like to live in the Roosevelt Row Arts District, check out Portland II.  They were originally started a few years ago and the economy stalled the project but didn't kill it.  The are 4 new condos that are up and as of this writing, 2 are occupied.  There are 5 more under construction and about 10 more in various stages of breaking ground. 

 

Portland II is located just off 7th Street and Roosevelt.  Just a block from the First Friday Art Walk and walking distance to everything in Downtown Phoenix including the Light Rail.

 

The standard features are all upgrades over what you may be use to seeing so very few are needed when you go to the design center.  Granite counters, upgraded cabinets, wood floors and tile.  All kitchens have undermount sinks and tiled back splashes. 

 

 Each unit have a great room floor plan on the living floor and some have options for the kitchen between the living room and dining room. Also, if you get into a contract for one soon enough, you can pick your own flooring, kitchen cabinets and a few other options. 

 

Contact Chris today for a viewing.  602-224-0554

www.AZNativeProperties.com

 

Optima Biltmore Towers

 Located at 24th Street and Camelback in the heart of the Biltmore area is Optima Biltmore Towers.  There are two towers with exterior units with views of the city in all directions and there are interior units with lush landscaped patios.  The building also has one of the best roof tops in town.  The roof has the heated pool and spa but also has many trees, plants and sitting areas with BBQ's.  There really is enough space for you to find a private spot and share some time with a friend.

There are 1, 2 and 3 bedroom units with open floor plans and floor to ceiling windows.  The balcony's and patio's are recessed into the building for more privacy. 

The Esplande and Biltmore Fashion Park are both right across the street with plenty of dining, shopping and movies.  This is a great location where you could work in one of the office buildings, shop and dine, all in walking distance.

Contact Chris at RooPho Realty or get more information about Optima Biltmore and other properties at our website.