Home values have increased in Metro Phoenix over the last year on average $6k and are now flattening out. No one expects them to change much for the rest of 2014. So if you're looking to buy or sell don't be in a hurry. Just relax and call me when you're ready to buy or sell, I'm not going anywhere.

Did you hear? USAToday newspaper rated Roosevelt Row Arts District one of the 10 best Arts Districts in the US. Congratulations to Rooosevelt Row.

http://www.usatoday.com/story/experience/america/best-of-lists/2014/05/07/10-best-city-art-districts-around-the-usa/8807535/

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.

Are you thinking of selling your home? Don't start the remodel now, you don't get much back in the appraisal if you do to much. Some homes need to be painted inside, get the squeaks out of the doors and fix kitchen drawers to slide nicely. If you think your home needs more, contact me and we'll do a walk through together.

RooPho Realty has 2 great listings in Downtown and both have recently reduced their price. Portland 2 is a great 3 bedroom, 3.5 bath home just a block from Roosevelt. It's very contemporary design is still hard to find in Downtown. It also has almost 1600 square feet and a 2 car garage. Priced now at $334,900, you can't get this much space and comfort in Downtown. Check out the pictures in the link and call me to see it.

More information about RooPho Realty's Portland 2 listing.

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

Fewer Homes for sale in Phoenix!

The number of Americans who signed contracts to buy hoems ticked up in April to the highest level in three years, pointing to growth in home sales in the coming months.

But fewer homes for sale may be holding back sales in tight markets out West, such as Phoenix and Las Vegas. In those cities, many homeowners still owe more on their mortgages than their homes are worth.

Investors are still buying homes up also.  There are fewer bank owned homes and short sales than in the past year.  Although there are still many homeowners 'underwater' on their mortgages, these may be the people who are going to tough it out and keep their payments up to date.

www.AZNativeProperties.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

Foreclosures down nationwide

The number of U.S. homes repossessed by lenders last month fell to the lowest level in more than five years, the latest evidence that the nation’s foreclosure crisis is abating amid an improving housing market.

While some states still saw increases in homes taken back by banks, nationally homes repossessions fell 3 percent in March from the previous month and were down 21 percent from a year earlier, foreclosure listing firm RealtyTrac Inc. said Thursday.

Get more information on properties in Metro Phoenix

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

Foreclosures lowest since 2007 in Metro Phoenix

Foreclosures and foreclosure starts are at their lowest levels since 2007.  According to the information market, 1339 homes were forecloses on in January.  Many months from 2009 to 2011 were from 4000 to 5000 per month. The Phoenix housing market is no longer driven by the foreclosure market and there is no shadow market. 

Check out AZNativeProperties.com for a great selection of Urban Properties in Metro Phoenix.http://www.aznativeproperties.com/

Bridgeview at Hayden Ferry Lakeside, Tempe AZ

140 E RIO SALADO PKWY 702
Tempe, AZ 85281

 Bridgeview at Hayden Ferry Lakeside is a wonderful luxury condo building with many amenities and the best one being the location.  It overlooks Tempe Townlake and is walking distance to Tempe Mill Ave and all the entertainment and shopping it has to offer. 

The community is complete with a heated pool, community room, billards, theater room, work out room and fantastic views.

It's also just minutes from Sky Harbor Airport and Downtown Phoenix.

 If you're interested in condo living anywhere in Metro Phoenix, you need a Realtor who specializes in high rise and condo living.  RooPho Realty was established to serve the urban community.

Along with condos, most historic districts are also located in the Urban Centers of Metro Phoenix, so we also specialize in single family homes located in the Metro Phoenix Historic Districts. 

Contact Chris F Campbell at Chris@RooPhoRealty.com or 602-224-0554 for more information.