Archive for June, 2008

Coming This Week – A New Website For The Holm Group

UPDATES COMING SOON FOR WWW.THEHOLMGROUPAZ.COM

LAUNCH DATE THIS WEEK

 

NEW FEATURES TO INCLUDE MICROSOFT MAPPING:

 

·         Search Arizona MLS with state of the art imagery provided by Microsoft Earth

·         Microsoft Earth vivid imagery allows you to do many of the following:

o   View 2D and 3D imagery of the entire valley

o    Views to include: Aerial, Street, Bird’s Eye and Hybrid

o   The ability to search the imagery by: price, subdivision, and city

§  To our knowledge we are the only site that will search by subdivisions

·         Explore entire subdivisions with Microsoft Maps

·         Sign up for your free community alerts and/or subdivision news

·         New featured communities with real time MLS access

·         New MLS Search process

·         New information for buyers and sellers

 

 

If you have any further questions please give The Holm Group a call today at 480-206-4265.

www.theholmgroupaz.com

(New Features Coming This Week)

 

 

AZ Republic – Lone bidder to pay $12.7 million for state trust land

SCOTTSDALE – The winning bidder for nearly 17 acres of state trust land near Pinnacle Peak Park will pay $12.75 million for the site.

JTW PPR LLC of Scottsdale, represented by broker Jared Guess of American Realty Brokers of Phoenix, placed the only bid Monday with the Arizona State Land Department.

The property was identified by the state as a resort site, but it could also be used for other commercial and residential uses.

Scottsdale is interested in using a portion of the land to maintain access to its popular hiking and climbing trails at Pinnacle Peak. The iconic peak, visible for miles in northern Scottsdale, has attracted more than a million visitors since the 1.75-mile trail opened in 2002.

Recreation interests are concerned that development of the site could limit access to the park because parking could be eliminated along the access road to the trailhead.

With only 50 spots, the park’s lot cannot accommodate the volume of hikers at busy times.

John Wanninger of JTW also plans to develop the Waterview at Scottsdale hotel and condominium project, northeast of Camelback and Scottsdale roads.

Two other bidders for site near Pinnacle Peak registered with the Land Department, but did not bid Monday:
• Luxury Home Concepts of Phoenix, represented by broker Michele La Blonde of La Blonde Realty LLC of Scottsdale.
• LHC Developments LLC of Phoenix, represented by broker La Blonde of La Blonde Realty.

 

www.theholmgroupaz.com

AZ Republic – Beach house project will line Arizona Canal

5 commentsby Peter Corbett – Jun. 26, 2008 12:15 PM
The Arizona Republic

SCOTTSDALE – There’s no beachfront property in Scottsdale so the Arizona Canal will have to do.

Designer Alan Lamb said his design for 12 townhouses along the canal at SouthBridge downtown calls to mind tall, narrow beach houses with the canal path serving as the strand or boardwalk.

“It’s a hoot,” he said. ” I get to do beach houses in Scottsdale, ArizonaLamb and his brother, Gary, of Lamb Architects have designed the SouthBridge Canal Walk residences, southwest of Camelback and Scottsdale roads.

The 55,000-square-foot project, which includes an urban street plaza, will extend redevelopment of the canal southwest from the SouthBridge restaurants and Mix retail shops.

Four-story canal homes planned

The four-story residences, with three levels above the canal, range from 3,700 to 6,400 square feet. Prices are from $4 million to $6 million, with firm commitments for half of the units, said architect Gary Lamb.

Underground parking and private elevators will serve each residence. Rooftop balconies will include spa/pools. And each home will have its own courtyard with a water feature facing the canal.

Alan Lamb said the Canal Walk homes extend redevelopment of the southwestern bank of the canal and provide a vital link between Scottsdale Waterfront, Scottsdale Fashion Square and the Fifth Avenue shops.

“Old Town really can have that urban density that everybody is wanting,” he said.

Euro style: What’s a ‘woonerf’?

Canal Walk’s urban street plaza, along a short stretch of 70th Place, is a new concept for Scottsdale that goes back several decades in the Netherlands.

Referred to as a woonerf, the street plaza has no curbs or sidewalks. Pedestrians, bicyclists and motorists, at appropriately low-speeds, share the street plaza.

Woonerf, pronounced VOH-nurf, is a Dutch word meaning “street for living.”

At the Canal Walk, the 24-foot-wide woonerf on 70th Place will include paver bricks of contrasting colors and embedded LED lighting.

Benches, trees, shade canopies and a fountain will add to the ambiance.

Alan Lamb said it is a concept that might work in other areas downtown, including along Marshall Way, which links Fashion Square with the planned Scottsdale Museum of the West south of Main Street.

Townhouses face back of shops

Canal Walk will be built behind a one-story row of retail shops.

Lamb said it was an interesting challenge trying to incorporate the residences with the back of the retail shops.

Canal Walk will do some improvements to screen the shops and incorporate employee parking with spaces for the townhouse guests, he said.

The Scottsdale Development Review Board unanimously approved the Canal Walk project last week.

Gary Lamb said he hopes to start construction by the end of the year and finish the residences by midyear 2010.

He is a partner in the development with Ted Lamb, no relation, Kenn Francis and Fred Unger.

The developer of SouthBridge, Unger will own one of the residences.

Condominiums are planned in a later phase of the development along the canal to the west.

 

www.theholmgroupaz.com

 

AZ Republic – CityNorth adds 9 more shops, 1 restaurant

Nine more retailers and one restaurant are joining the list of shops at CityNorth, the multibillion-dollar mixed use development in northeast Phoenix.

The first phase of the shops, including nine of the 10 retailers in the latest announcement, is scheduled to open on Nov. 13. A second phase is scheduled to open two years later.

The announcement brings to 36 the number of retail shops and restaurants that have agreed to move into the new development, in the Desert Ridge area at 56th Street and Loop 101. Seven of the 36 are restaurants.

Phase One, known as High Street, will include approximately 44 retail stores and seven restaurants occupying about 180,000 square feet.

The additional retailers will bring High Street’s committed street-level retail space to more than 90 percent.

Newly named retailers are:

• Alessi (alessi.com), an Italian housewares manufacturer.
• D&G Contemporary Home Designs (dgdesigngroup222.com), furniture and accessories.

• Green Bone Bakery (threedog.com), organic pet products and environmentally friendly pet supplies.

• GUESS (guess.com), an apparel and accessories store.

• Haus (hausmodernliving.com), an Arizona-based retailer of furnishings.

• King and Duck (kingandduck.com), men’s wear.

• Little Artika (littleartika.com), children’s clothing and furnishings.

• MAC Cosmetics (maccosmetics.com), makeup and skin care products.

• Yogurberry (yogurberry.com), frozen yogurt.

Joining the seven restaurants previously announced will be 25 Degrees (25degreesrestaurant.com), a trendy hamburger restaurant.

www.theholmgroupaz.com

Andrew Holm attains Prudential’s eCertified Designation

For Immediate Release           

06-25-2008

 

For more information, contact:

Andrew Holm, ABR – eCertified

Prudential Arizona Properties – Sterling Fine Homes & Land

480-767-2738

www.theholmgroupaz.com

 

 

 

PRUDENTIAL REAL ESTATE AWARDS PRUDENTIAL Arizona Properties

SALES PROFESSIONAL eCERTIFIEDâ DESIGNATION

    

(Scottsdale, AZ) – Ever on the cutting edge of real estate technology, Prudential Arizona Properties announced today that Andrew Holm has received the distinguished eCertifiedâ designation from Prudential Real Estate Affiliates, Inc.  The Prudential Real Estate Network awards the designation to sales professionals who meet extensive criteria and complete the eCertifiedâ program training.  The training and certification process is designed to prepare sales professionals with the technological and “e-Based” business skills necessary to service the emerging market and changing needs of today’s online consumer.

“Being an eCertifiedâ sales professional means that I have the know-how and technical confidence to serve my clients online or through email and provide real-time information 24/7,” said (last name of sales professional), Prudential (DBA).  “This is an important step in how we deliver service to our clients.  Knowing that I have Prudential Real Estate supporting my desire to deliver advanced technological services, as well as act as a trusted advisor, means that I have the opportunity to offer services that better meet the needs of my ‘time-starved’ clients.”

(Broker/Owner), Prudential (DBA), said,  “Increasingly, consumers are doing business online. They are using the Internet for research and want to have the option of communicating on their terms. We are preparing our sales professionals to meet and exceed the expectations that come with this new way of conducting business by creating a designation that matches the growing home buyer and seller use of Web-enabled information sources.  When consumers hires a Prudential Real Estate Network eCertifiedâ sales professional, they can be assured they are working with someone who knows how to employ the most effective on-line communications and marketing strategies to deliver a less stressful, more efficient home buying or selling experience.”

 

- more -


Page – 2

 

As an eCertifiedâ sales professional (last name of sales professional) is required to have an understanding of the latest Internet marketing solutions available to promote and sell their customer’s properties; use the latest office automation products for added efficiency and organization; understand and use digital imaging to bring added value to the home buying experience; be familiar with popular graphic file types and know how to use the files when sending electronic information to consumers.  (Last name of sales professional) uses the technology tools at Prudential (DBA) to provide clients with the benefit of having an anytime, anywhere source of information regarding the status of their transaction, via e-mail, telephone or fax , while enjoying the peace of mind that comes with relying on an experienced and trusted advisor. eCertifiedâ sales professionals are set apart from their peers with:

·         Knowledge of leading Internet marketing solutions available to market properties.

·         The ability to generate, send and receive electronic documents and images.

·         Access to the latest in digital photography to enhance the home- shopping experience.

·         The discipline to return email communications in a timely manner.

·         An understanding of current technology options available to consumers to help them research important property and financial information.

Prudential Real Estate and Relocation Services is Prudential Financial’s integrated real estate brokerage franchise and relocation services business.  The real estate group markets franchises primarily to existing real estate companies.  As of December 31, 2005, there were over 2,000 franchise offices and more than 64,000 sales professionals in the franchise network in the U.S. and Canada.  All franchisees are independently owned and operated.  Prudential Financial’s real estate group began offering franchises in 1988 and is now one of the largest real estate brokerage franchise networks in North America.

Prudential Financial companies, with approximately $568 billion in total assets under management as of June 30, 2006, serve individual and institutional customers worldwide and include The Prudential Insurance Company of America, one of the largest life insurance companies in the United States. These companies offer a variety of products and services, including life insurance, mutual funds, annuities, pension and retirement-related services and administration, asset management, banking and trust services, real estate brokerage franchises, relocation services and, through a joint venture, retail securities brokerage services. For more information, visit www.prudential.com or www.theholmgroupaz.com.

 

Prudential Arizona Properties Acquires Sterling Fine Homes & Land

For Immediate Release

 

For more information contact:

Kathy McCord, Director of Marketing

Prudential Arizona Properties

480-505-6300 or Kathy.mccord@pruaz.com

www. PruAZ.com

 

 

 PRUDENTIAL ARIZONA PROPERTIES ACQUIRES

STERLING FINE HOMES & LAND

 

            (June 18, 2008, SCOTTSDALE, AZ) ¾ Prudential Arizona Properties has joined forces with Sterling Fine Homes & Land, expanding the Prudential Arizona Properties’ network of offices from 10 to 13.  This transaction was the next step for Sterling Fine Homes & Land’s commitment to enhance the opportunities available to their agents and reinforces Prudential Arizona Properties’ commitment to quality and expanding their position in the Phoenix Marketplace.  

 

Sterling Fine Homes & Land is a premier real estate company specializing in luxury properties with offices located in the North Scottsdale, North Phoenix and Cave Creek/Carefree areas.  The firm opened its doors in 2000 under the ownership of Stephanie Anderson, Connie Edelman, Kris Hyland, and Jeri Hyland.  Jeri Hyland, the Broker for Sterling commented; “We are proud of our Agents and the organizational family that we have created together.  We are also very excited about the benefits and opportunities this joining of forces with Prudential Arizona Properties will bring to them.”

 

The offices will operate under the Prudential Arizona Properties/Sterling Fine Homes & Land for an extended transitional period.   The superior ownership team will continue on as managers of the Sterling locations while expanding their own personal real estate business during the transitional period.

 

Chris Heagerty, who is responsible for strategic development and technology for Prudential Arizona Properties, spearheaded the transaction and brought all parties together to an acceptable agreement.  She will also assume the role of Regional Manager for these three offices and be responsible for the transition into the Prudential Arizona Properties family.

  

According to Vic Getsinger, CEO, Broker and principle owner of Prudential Arizona Properties, “I gave Chris the responsibility to identify suitable quality candidates for growth that would create synergy with our organization, and this first transaction is a powerful start.   Sterling Fine Homes & Land is an excellent company with a similar culture to ours that focuses on agent and customer services.  These are quality people with quality leadership and I’m looking forward to the mutual benefit we will experience from our association. In addition, they line up well in terms of geographic penetration and will give us a presence in the North Phoenix market area and strengthen our existing presence in North Scottsdale”.

 

Chris Heagerty commented, “We are very fortunate to have Stephanie, Connie, Kris, and Jeri stay on in their management capacities.  They are held in high regard not only by their sales associates, but by the Valley’s real estate community in general.  It is an honor to have them as part of our team.  Their knowledge and respected reputation combined with our technology, marketing, and training, put us in a prime position to continue our growth throughout the Valley.”

 

                                                                 

Prudential Arizona Properties, a full service brokerage company, brings the internationally recognized Prudential brand, Fine Homes International marketing, and global and domestic relocation services to the Sterling partnership.  In addition, it’s affiliation with Prudential Real Estate Affiliates provides a national network of 2200 offices and 64,000 sales associates. 

 

Prudential Arizona Properties’ corporate headquarters is located on the Prudential Campus near Scottsdale Road and Frank Lloyd Wright.  It is an independently owned and operated member of Prudential Real Estate Affiliates, Inc., a division of Prudential Financial, headquartered in Irvine, California. For further information on Prudential Arizona Properties transaction with Sterling Fine Homes & Land or for accompanying high-resolution photography, call Kathy McCord, Director of Marketing at 480-505-6300.

AZ Republic – At Kierland, demand for luxury living remains high

by Peter Corbett – Jun. 19, 2008 10:46 AM
The Arizona Republic

NORTHEAST VALLEY – There is no shortage of luxury condominiums on the market these days, but buyers are laying out seven figures for lofty perches in the midrise towers at Kierland Commons.

That includes ninth-floor penthouses and condos at the Plaza Lofts at Kierland Commons, which overlook a golf course and the area’s suburban office parks and shopping centers.

And just blocks to the north is the Landmark at Kierland, which sold one of its 3,600-square-foot penthouses this week for more than $2.1 million.

The Plaza Lofts include a 4,000-square-foot penthouse shell for $2.75 million.

One can only imagine where the prices would be if the housing market had not stalled over the past two years.

One of original Plaza Lofts residences resold in March 2007 for $3 million or $1,051 per square foot.

Buyers more cautious

Kierland developer Buzz Gosnell, president of Woodbine Southwest Corp., said people are moving to the Valley and there is still demand for the Kierland lifestyle.

“People are taking more time to make decisions and I think that’s great,” he said of sales. “We want them to look at all the projects and decide that this is the place they want to be.”

Woodbine Southwest is completing the second phase of its Plaza Lofts, a tower with 54 residences – five penthouses and 49 condominiums.

Prices start at $575,000 for ground-level condos of about 1,100 square feet.

The seven-story Landmark at Kierland, developed by Butte Properties, has just 10 condos left in the second tower, which has 48 residences.

Plaza Lofts prove popular

Kierland Commons, northwest of Greenway Parkway and Scottsdale Road, has been a hit in the marketplace since opening in 2000.

And the Plaza Lofts tower is proving as popular as the first 30 residences in the 3-year-old Plaza Lofts.

About 35 of the 54 new residences have been sold, said Trudy Hammond, Signature Properties director of sales.

That includes a handful of buyers who were residents of the first-phase lofts.

Michael and Regina Jaye sold their two-story loft in November and moved in February into a seventh-floor condo in the tower.

Their single-level, 2,800-square-foot residence includes about 75 feet of floor-to-ceiling windows with views of the golf course and the McDowell Mountains.

Loft residents move up

A Boston real estate developer, Jaye, 63, and his wife looked all over central Phoenix and downtown Scottsdale before settling on Kierland four years ago.

“It’s a wonderful quality of life here that we’re so lucky to have,” he said.

“You’re not obligated to get in your car,” Jaye said, adding that he and his wife can walk to restaurants, coffee shops or just watch kids playing in the plaza fountain.

Scottsdale Quarter rising

Demand for the Plaza Lofts should continue to be strong with development of the nearby Scottsdale Quarter on the east side of Scottsdale Road, Jaye said.

The 28-acre Scottsdale Quarter is planned for 365,000 square feet of retail and restaurants, 246,000 square feet of offices, about 240 condos and a boutique hotel.

Construction is racing along and the first phase is scheduled for completion later this year.

Similar in concept to Phoenix’s Kierland Commons, the Scottsdale Quarter will nearly double the offerings of the already popular shopping and restaurant district – and it will be in Scottsdale.

 

If you are looking for a home in the Kierland area click here:

www.theholmgroupaz.com

The Wall Street Journal – Some buy a new home to bail

Jun. 11, 2008 09:36 AM
The Wall Street Journal

 

The Wall Street Journal

Next month, Michelle Augustine plans to walk away from her four-bedroom house in a Sacramento, Calif., subdivision and let the property fall into foreclosure. But before doing so, she hopes to lock in the purchase of another home nearby.

“I can find the same exact house as what I live in right now for half the price,” says Ms. Augustine, 44 years old, who runs a child-care service out of her home. She says she soon will be unable to afford her monthly payments, which will jump to $4,000 from $3,300 in August, and she doesn’t want to continue to own a home that is now worth $200,000 less than what she paid for it two years ago.

In markets hit hardest by falling home prices and rising foreclosures, lenders and brokers are discovering a new phenomenon: the “buy and bail,” in which borrowers with good credit buy a new home – often at a much lower price – then bail out of the “upside down” mortgage on their first home.

Homeowners are able to pull off this gambit – which some lenders and real-estate agents call mortgage fraud – by taking advantage of mortgage-lending practices that allow them to buy a new primary residence before their existing residence has been sold. And with the lending industry in disarray as it tries to restructure millions of mortgages, some boast they are able to pull off the strategy with ease.

In some cases, homeowners are coached through the buy-and-bail process by real-estate agents and brokers who see nothing wrong with it. Some blame the phenomenon in part on lenders’ unwillingness to cut deals or restructure loans made when home prices were inflated. “It’s just a business decision,” says Linda Caoili, a Sacramento real-estate agent who is working with Ms. Augustine and others who are considering walking away from their mortgages. “If you’re upside-down $250,000, why would you keep it? It just doesn’t make sense.”

To be sure, walking away from a mortgage, even if legal, has plenty of drawbacks: Borrowers lose the ability to take out unsecured loans, since foreclosures can stay on a credit report for seven years. In some states, lenders can sue for assets, including a new house. Fannie Mae, the government-sponsored mortgage underwriter, recently revised the amount of time borrowers with a foreclosure must wait to receive a home loan to five years from four. Proposed Fannie Mae guidelines, which could take effect later this month, also would require those borrowers to make a 10 percent down payment and meet a minimum credit score after the five-year period.

While buy-and-bail is on the rise, the practice doesn’t appear to be widespread. Credit is much tighter now than it was during the real-estate boom, and most families with an upside-down mortgage likely will hold on to their homes and hope the market improves in the future – even though many of them could lose their properties.

Still, with home prices falling rapidly in some parts of the country, a growing number of frustrated consumers are willing to take the risk – especially in so-called nondeficiency states such as California and Arizona, where it is more difficult for a lender to sue consumers who walk away from their mortgages. Borrowers who bought or refinanced their home with a personal line of credit, however, instead of a home-purchase loan – a common practice during the housing boom – could be sued by a lender in those states. Borrowers also could be on the hook if lenders can show that homeowners committed fraud by misrepresenting themselves on their loan application.

Yet even in cases in which a lender could attach a lien on the new home, some homeowners simply assume that lenders are too swamped. “So many people are foreclosing, is it cost effective for lenders to go after all of these people?” says Steve Hawks, a Las Vegas real-estate agent who handles lender-owned properties.

That works in the favor of borrowers such as Blair Morrow. Last year, he rented out his Sacramento home when he moved to Houston for a new job, but he lost those renters in February. He quickly arranged to buy a new home in Houston, fearing that his old residence would be foreclosed and he would take a big hit on his credit.

“I had 30 days to make a decision: Live in a rental house the rest of my life or buy a house and walk away from the one in California,” says Mr. Morrow, 56, who works at a car dealership. He wrestled with the decision for a while, but justified it once Countrywide Financial Corp., the lender for his first home, approved the new home loan. “Countrywide didn’t say peep,” he says. Countrywide didn’t return calls seeking comment.

Ms. Augustine, the Sacramento day-care provider, became a first-time homeowner in November 2006 by taking out two loans with nothing down to cover the $426,000 home purchase. With her home valued at about $220,000 now, she is actively looking in nearby communities for another one to buy before the bank forecloses on her current home.

The mortgage industry is starting to wise up to the practice and is scrambling to fight back. Buy-and-bail is “certainly fraudulent and unfortunately on an uptick,” says Gwen Muse-Evans, vice president for credit policy and controls at Fannie Mae. Although she doesn’t have data to quantify the size and scope of the trend, Ms. Muse-Evans says overwhelming anecdotal reports have prompted the agency to draft tougher regulations aimed at closing one big loophole that allows underwater homeowners to qualify for new home loans.

That loophole currently works like this: Homeowners provide a rental agreement showing that they will rent out their first home, and underwriters allow rental income to cover as much as 75 percent of the mortgage payments on the first home when determining whether the borrower can make payments on two homes. This allows homeowners to secure a second mortgage that they might not otherwise afford.

Under revised Fannie Mae guidelines, which could take effect next week, loan applicants who claim they will rent out their first home will have to produce supporting evidence, including an executed lease agreement. Borrowers also will have to prove that they can pay the mortgage, property taxes and insurance for both residences. The guidelines will make an exception only for borrowers who have at least 30 percent equity in their current home.

Of course, many individuals still can qualify for that second loan because of a strong credit and cash position. If they “have the intention of fraud, then at the end of the day there’s really little you can do to totally prevent that,” says Ms. Muse-Evans.

Some private lenders aren’t waiting for Fannie’s lead. In April, underwriters handling bank-owned properties at IndyMac Bancorp Inc. told brokers they would require borrowers purchasing new homes while retaining their existing home as a rental to prove that they could make full payments on both homes to qualify for a loan. A memo sent to a Southern California broker said the policy change was prompted by “losses from individuals walking away from properties after the acquisition of a new home.”

An IndyMac spokesman said the bank hadn’t changed its policies and had always “underwritten loans with an eye towards insuring that our borrowers could readily rent out their current property and/or reasonably support both payments.”

Realtors say the new guidelines could put further pressure on sales, but Lawrence Yun, chief economist for the National Association of Realtors, says the impact of such guidelines on sales would be marginal. He calls Fannie Mae’s response appropriate because any artificial increase in home sales hurts the average consumer.

Meanwhile, Mr. Hawks, the Las Vegas broker, says he receives one to two dozen inquiries every week from individuals inquiring about a buy-and-bail. “People are starting to ask how much their good credit is worth,” particularly when their home is underwater by hundreds of thousands of dollars.

The tactic doesn’t appeal to people such as John Ristuccia, a 48-year-old Buckeye, Ariz., paper-company sales director whose job was moved to Houston in August. He is trying to complete a “short sale” for $425,000 on his five-bedroom, 4,000-square-foot home, which was appraised for $800,000 last year. In a short sale, a lender allows the sale of property for less than the amount due on the outstanding loan and often forgives the remaining debt.

Even though he might be able to qualify for a second home loan, Mr. Ristuccia says he wouldn’t consider sticking his bank with his suburban Phoenix property. “Just personally I’ve got a problem with that,” he says. “I really can’t put it in terms other than it feels wrong.”

 

www.theholmgroupaz.com

New Updates Coming Soon For – www.theholmgroupaz.com

UPDATES COMING SOON FOR WWW.THEHOLMGROUPAZ.COM

 

NEW FEATURES TO INCLUDE MICROSOFT MAPPING:

 

·         Search Arizona MLS with state of the art imagery provided by Microsoft Earth

·         Microsoft Earth vivid imagery allows you to do many of the following:

o   View 2D and 3D imagery of the entire valley

o    Views to include: Aerial, Street, Bird’s Eye and Hybrid

o   The ability to search the imagery by: price, subdivision, and city

§  To our knowledge we are the only site that will search by subdivisions

·         Explore entire subdivisions with Microsoft Maps

·         Sign up for your free community alerts and/or subdivision news

·         New featured communities with real time MLS access

·         New MLS Search process

·         New information for buyers and sellers

 

 

If you have any further questions please give The Holm Group a call today at 480-206-4265.

www.theholmgroupaz.com

(New Features in less than 30 days)

 

 

 

Scottsdale Mountain Market Update – June 2008

 

Scottsdale Mountain – June 2008

www.theholmgroupaz.com

 

 

  • Currently there are over 54,000+ homes available through the AZ MLS
  • Average Days on Market for a home in Scottsdale Mountain is roughly 193 days
  • Scottsdale Mountain has a total of 38 homes on the market through the MLS with average  price per square foot of $294 (not including for sale by owner)
  • Average price for a home being sold is  $526k
  • Cheapest home available in Scottsdale Mountain is listed for $479,000
  • The most expensive home available in Scottsdale Mountain is listed for $2,750,000
  • Average price for a home in pending status is $858k
  • 3 home in Scottsdale Mountain Sold in May 08 –  6 home went pending

 

 

Recent Sales for Scottsdale Mountain

 

·         13836 E Geronimo Rd 2796 sqft (Listed for $550k and Sold for $518k)

·         11655 N 139th Pl 2796 sqft (Listed for $585k and Sold for $510k)

·         13655 E Feronimo Rd 2825 sqft (Listed for $849k and Sold for $815k)

·         8941 E Charter Oak Dr 3558 sqft (Listed $795k and Sold for $750k)

·         13767 E Charter Oak 2900 sqft (Listed for $795k and Sold for $725k)

·         12482 N 136th Pl 3521 sqft (Listed for $995k and Sold for $940k)

 

 

Just a few reasons to work with The Holm Group

 

  • I have a number of top ranking websites that focus on driving traffic specifically to buyers that are looking to move into your community. (www.theholmgroupaz.com)
  • Six of the homes I sold in 05-06 were sold exclusively without ever going onto the MLS.  In turn, saving my clients ten of thousands of dollars 
  • Sterling Fine Homes & Land ranked 3rd  in the Best of Arizona’s Business – Arizona Ranking
  • I offer flexible commission plans and multiple ways to list your property

 

 

Representing Buyers and Sellers throughout the Scottsdale Mountain…

 

Andrew Holm, ABR

Sterling Fine Homes & Land

The Holm Group

Office: 480-767-2738  Cell: 480-206-4265

Email: Andrew@theholmgroupaz.com


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