A big problem with home sales has been the Millennials are not buying like that age group had in previous years. That creates a chain reaction when people that want to move up don't have as many people looking to potentially buy their home.

March home value numbers are in and it doesn't look like Metro Phoenix will have another housing bubble. Even though home values rebounded as much as 65% in some valley areas. The medium priced home in March was $205,000 and holding steady. With home values and interest rates holding steady if you want to buy or sell, now's a good time to contact RooPho Realty.

It's really nice when you've helped someone find a great home and they appreciate it enough to write a review.

http://www.zillow.com/profile/Chris-F-Campbell/Reviews/?review=816623

Buying a home soon? You'll need to get the right Realtor and lender to work with you to achieve your goal and make the whole process go smoother. I work hard with your lender, the seller's agent and the title company so you don't have to stress about the details.

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."

Phoenix had hte biggest increase in home values in the Nation.

U.S. home prices jumped 10.9 percent in March compared with a year ago, the most since April 2006. A growing number of buyers are bidding on a tight supply of homes, driving prices higher and helping the housing market recover.
The Standard & Poor’s/Case-Shiller home price index released Monday also showed that all 20 cities measured posted annual gains for the third straight month.
And prices rose in 15 cities in March from February. That’s up from only 11 in the previous month.
Annual prices rose in Phoenix by 22.5 percent, the biggest gain among cities. It was followed by San Francisco (22.2 percent) and Las Vegas (20.6 percent).
New York City had the smallest annual increase, at 2.6 percent. It was followed by Cleveland with 34.8 percent.

www.AZNativeProperties.com

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.

Metro Phoenix population is growing and helping the housing market.

Arizona and Phoenix have had incredible growth since before my parents moved here in the late 1950's.  Every decade Metro Phoenix has approximatly doubled in size over 10 years prior and it's not stopping now, not even after the housing boom and bust we have recently been through.  In fact, people moving to the Valley for a better economic life is helping us get out of the housing recession.  Here's a few facts..

— The Phoenix area is expected to grow by approximately 96,000 people a year for the next three decades.
—The region’s population will increase to 6.9 million in 2040 from 4.3 million now.

Check out properties at www.AZNativeProperties.com

Investors are buying less in Metro Phoenix, but still buying.

Wall Street funds and other large well-funded investors continue to buy houses in metro Phoenix, even though the pace has slowed as sales prices have jumped.

Some of the early investors, who bought in 2009, have flipped the houses for a quick profit, but most of these buyers are holding on to the properties and turning them into long-term rentals.

Get information on Urban Properties

New Listing at Fontenelle Lofts

This is a great listing and sure to fit the taste of many Urban Dwellers.  Check out Fontenelle Lofts at 3rd Ave and Roosevelt.  This building was built in the 1930's and restored in 2004.  This unit is all new in '04 and located above the garages and contains many of the features of a true loft.  There are 2 bedrooms and 1 bath and the whole unit has a lot of windows with high and exposed ceilings.  This unit has a 1 car garage and a 1 car covered space. 

Accross the street is the Gold Spot shopping corner with Lux Coffee and Pita Jungle.

See the full listing here.  Then contact me at Chris@RooPhoRealty.com or 602-224-0554 to see the property.

More information on Urban Real Estate is at www.AZNativeProperties.com

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

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.

US home values are up and AZ Values improve the most.

The housing market continues to improve nationwide although slowly.  In Arizona, the market is improving a little better than the rest of the country with 18% increase over last years values.  A big problem Metro Phoenix still has is there aren't many residential properties on the market and those that come on the market sell fast if they are priced right.  The low inventory helps increase values so investors and owner occupied buyers are snapping up properties quickly.

Another good thing is Short Sales are getting approvals faster than in the past.  Many are getting approved in 2 to 4 months compared with 4 to 8 months a few years ago.

Here's the full story from AZCentral.com

For more information on resential real estate go to http://www.AZNativeProperties.com/ or contact Chris at Chris@RooPhoRealty.com or 602-224-0554

Coronado Historic District

1412 E Yale Street

If you're looking for a historic home in Phoenix, you've realized we don't have a lot of them and most are in Central Phoenix and close to Downtown.  One of the more popular is the Coronado Historic District.  Coronado is located basically from McDowell on the south, Virgina on the north, 7th Street on the west and 14th Street on the east.  This area was originally built for the working class people of early Phoenix and has many homes of many different styles.

2541 N Dayton Street

Many of the homes in Coronado have been remodeled and many are still very original.  So if you're looking for a 1940's original kitchen, you'll have a good chance of finding it here.  Most homes were originally 2 bedrooms and 1 baths with a fireplace for heat in the winter.  Some homes are still original and many have been added with an extra bedroom and/or bathroom.

Here are a few homes currently for sale in Coronado. 






2541 N Dayton Street, 3 bed, 2 bath, 1607 sf, built in 1935. Pictured above.  Listed for $195,000
1412 E Yale Street, 3 bed, 2 bath, 1232 sf, built in 1945, Pictured above.  Listed for $175,000

2222 N Mitchell, 2 bed, 1 bath, 705 sf, built in 1925, Listed for $125,000
2522 N 14th Street, 3 bed, 2 bath, 1073 sf, built in 1947, Listed for $129,900

There are all of the Phoenix Historic Districts listed at www.AZNativeProperties.com

Also, you can contact Chris at 602-224-0554


 






Executive Towers - Al Beadle Architect

 

 In 1964, Al Beadle famed local architect, built the Executive Towers.  The original plan called for two towers but there was a recession that prevented the second tower from being built.  With the 50th aniversary comming next year, the community has been upgrading the building and put in a new pool and pool area landscaping but keeping the original design ideas.  Walking in the front door is like taking a step back in time.  The Front Desk is staffed 24 hours a day for security and residents convinence.  Many units have been remodeled and upgraded over the years and some are still very original.  If you like the Mid Century Modern and the original kitchen appliances, you'll find them here. 

 

There are 1, 2 and 3 bedroom floor plans. Some have 2 balocy's.  Many have been opened up to great room floor plans.  Get more information at www.AZNativeProperties.com or contact Chris at 602-224-0554 or Chris@RooPhoRealty.com



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

 

Architectural Styles of Phoenix Historic Districts

Have you ever wondered what a Tudor Revival is?  Maybe the difference between a Craftsman Bungalow and a California Bungalow?  Check out the new page I put on my Historic Districts of Phoenix of Architectural Styles of homes in the Phoenix Historic Districts so while looking at homes, you can educate yourself about what you're looking at.  Older neighborhoods have been getting more and more popular in the last 20 years.  Phoenix, being a relatively young city, doesn't have much built before 1900 and our historic districts are minimum.  The residence are committed to preserve and restore the homes and are created new dynamic neighborhood with 1930's charm. 

Modern neighborhoods with cookie cutter homes are attractive but lack the individual interests and personalities of the residence.  Added to that is the expense and time-consuming commute and pollution causes many to reconsider the benefits of living close to the urban center which earlier in the city's history offered skilled craftsmanship and distinctive architectural styles that were abandoned years ago.

These neighborhoods and residence reflect individual interests and presonalities.  Residence enjoy the history of Phoenix through expression in their homes.  Many are remodeled interiors but the homes retains their original design and architecture.  All you need is some 1930's cars on the street and you could step back in time on some streets.  Enjoy the Historic Districts of Phoenix on www.AZNativeProperties.com then take a drive or join the district when they have their home tour and see the beauty inside the house.

Cathedral Townhomes, Downtown Phoenix

Metro West Development restored a historic 1913 building and created four modern townhouses ranging in size from 1,674 to 1,886 square feet.   Located about a block from the Arts District light rail stop, they are close to many local restaurants, entertainment venues and everything Downtown Phoenix now has to offer.  This is a must see completely restored historic townhomes new to downtown located in the most dynamic historic neighborhood in downtown Phoenix. Cathedral Townhomes has large bedrooms, walk-in closets, luxury bathrooms, all w/ high spacious ceilings. This residence has been completely restored and include GE profile stainless steel appliances, wood floors, custom cabinetry, and custom millwork throughout. As of today there is only one unit left.  Contact me ASAP if you’re interested at Chris@RooPhoRealty.com.

These townhomes have large open floor plans and assigned parking.  Located just south of Roosevelt on 2nd Ave. 

Alvarado Historic District

The Alvarado Historic District is just east of Central Ave between Thomas and McDowell.  Walking distance to the Light Rail and close to the freeways, it's a great Urban neighborhood in Downtown Phoenix.

Built between 1907 and 1933 Alvarado Historic District features Period Revival architectural styles including Spanish and American Colonial, Elizabethan/Tudor and Georgian.

This small community is a great example of what Historic Phoenix has to offer with the wide range of architectural styles.  You'll find larger homes in Alvarado but they have some Early Ranch style homes too.  If you're looking for something smaller, you might look at Ashland Place Historic District or Coronado Historic District.  Both of these historic districts have a large range of architectural styles too.

Many of the historic districts are close to Central Ave and RooPho Realty specializes in these Urban properties as well as condos and lofts.  Contact me at 602-224-0554 or Chris@RooPhoRealty.com.