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TRILOGY SOLAR ECLIPSE DAY + a "Monday Morning Coffee"

by TEAM Lee Moore

                                                                                                

 
 
 
                                   TRILOGY REALTY FACTS   
 

 

FOR year 2017, Listed below are the basic real estate STATS for TRILOGY, VISTANCIA and BLACKSTONE. As of MONDAY the 21st  of August 2017

 

TRILOGY.....FACT    Presently there are 77 resale homes for sale info Trilogy, and 20 homes under pending StatusThere have been 136 resale homes SOLD since beginning 2017 (The average SOLD price for those sales were $404,559 or $191.81 per sq.ft. and average days on the market were 107 days.

VISTANCIA.....FACT has 42 resale home for sale, and 19 homes under Pending Status. There have been 131 resale homes SOLD since the beginning 2017. (The average SOLD price for those sales were $313,248 or $126.96 per sq.ft., average days on the market were 70 days.)

 

BLACKSTONE ....FACT   Has 14 resale homes for sale, and 3 homes under Pending Status. There were 22 SOLD since beginning 2017(The average SOLD price for those sales were $564,775 or $166.87 per sq.ft., average days on the market were 136 days.)

**The highest priced home SOLD in TRILOGY for the past 6 months was $715,000 SOLD 7/3/201

**The highest priced home SOLD in BLACKSTONE since the beginning of 2017 is $975,000 SOLD 7/17/2017

 

MAJOR FACT ....For the year 2016, of the 173 resale homes sold in Trilogy, 34 units were sold by RE/MAX, 182 homes sold in Vistancia, 41 sold by RE/MAX and 31 homes sold in Blackstone, 13 sold by RE/MAX. There's a reason, ask me why?

DID YOU KNOW   In Maricopa County, there are only16,900 resale homes for sale. This figure of 17 to 20 thousand home inventory in Maricopa has been consistent for about 5 years. 

TEAM Lee Moore will always bring you updated/accurate real estate information taken directly  from our local MLS (Multiple Listing Service). Thank you, Lee Moore 

 

 

                                                                                                                                    

             
                              

    HOME TRENDS August 2017 News

AUGUST 2017 NEWS

Note: National Association of Realtors® (NAR) data below is from June (the most current national data)

National Association of Realtors® (NAR) data shows that sales of existing homes dipped in June owing to a low supply. While homes sold at a near record pace, activity ultimately ended up muted. Only the Midwest saw an increase in sales last month.

Total existing-home sales (measures completed transactions for single-family homes, townhomes, condominiums and co-ops) dropped 1.8% to 5.52 million in June from 5.62 million in May. Despite last month's decline, June's sales pace is 0.7 % higher than a year ago.

  Existing Home Sales By Region
NAR's chief economist, Lawrence Yun, indicated that the dip in contract activity in the prior three months translated to a pullback in existing sales in June. "Closings were down in most of the country last month because interested buyers are being tripped up by supply that remains stuck at a meager level and price growth that's straining their budget," Yun said. NAR's economist added, "The good news is that sales are still running slightly above last year's pace despite these persistent market challenges."

Housing Data Takeaways

  • June's median existing-home price for all U.S. housing types was $263,800, up 6.5% from June 2016 ($247,600). Last month's median sales price overtakes May as a new peak and represents the 64th straight month of year-over-year gains.
     
  • Total U.S. housing inventory at the end of June dropped 0.5% to 1.96 million existing homes available for sale, and is now 7.1% below a year ago (2.11 million) and has dipped year-over-year for 25 consecutive months. Unsold inventory nationally now offers a 4.3-month supply at the current sales velocity, which is down from 4.6 months a year ago.
     
  • First-time buyers drove 32% of sales in June, down from 33% both in May and one year ago. The annual share of first-time buyers for 2016 was 35%.
     
  • Freddie Mac data indicates the average commitment rate for a 30-year, conventional, fixed-rate mortgage fell for the third consecutive month, dipping to 3.90in % June from 4.01% in May. For all of 2016 the average commitment rate was 3.65%.

MAKE YOUR OFFER COUNT!

Before making an offer on a home in today's competitive housing market, it is more important than ever for home buyers get their financial house in order when applying for a loan.

While there are online resources available that can provide a sense of one's overall financial position, be sure to review your credit report in person with your mortgage professional and get pre-approved for a loan before making an offer on a home.

A little preparation goes a long way and can make a big difference when it comes to closing on your dream home. Contact us today to get the right loan for your current needs!

 

TIPS FOR SELLERS

When preparing your home for sale, a number of simple cosmetic changes often provide the biggest return on investment. Here are three tips to upgrade your house without breaking the bank:

  • Bring in the light. The right light creates the right mood. Adding lights to dark rooms can make your home feel warm and inviting. Bring outdoor light inside by opening curtains and installing economical suntubes.
  • Create Space. Many of today's buyers are looking for open rooms. Consider removing unwanted walls to make your home feel more spacious. Buyers will often pay a premium to get a bit of extra room.
  • Replace Flooring. Get rid of that old carpet in the den and replace it with today's newer hardwoods and laminates. You don't have to spend a lot to make a big impression!

These simple tips can help you sell your home and take advantage of today's market. Please contact us if you have any questions about selling your home. We are here to help!

 

TEAM LEE MOORE IS HERE TO ASSIST YOU IN YOUR REAL ESTATE NEEDS. WE'LL BE HAPPY TO STOP BY AND SHOW YOU HOW WE GO ABOUT SELLING HOMES, PLUS WE'LL GIVE YOU A FREE UPDATED MARKET ANALYSIS ON YOUR HOME...YOU SHOULD KEEP IN TUNE WITH THE VALUE OF YOUR HOME, GIVE US A CALL ANYTIME.....

602-920-8000   IN ADDITION, JUST CLICK........VALUE MY HOME...... FOR A FREE ONLINE HOME ANALYSIS!!

Click to go back to ....."Monday Morning Coffee"

 

GREAT THINGS TO DO BEFORE YOU SELL YOUR HOME!

by TEAM Lee Moore

 

               

 

                   

 

Before Putting Your Home up for Sale

Here are a few items to take care of before listing your home. This can make the sale process quicker and easier in the long run.

  • Consider a pre-sale home inspection.
    An inspector will be able to give you a good indication of the trouble areas that will stand out to potential buyers, and you’ll be able to make repairs before open houses begin.
  • Organize and clean.
    Pare down clutter and pack up your least-used items, such as large blenders and other kitchen tools, out-of-season clothes, toys, and seasonal items. Store items off-site or in boxes neatly arranged in the garage or basement. Clean the windows, carpets, walls, lighting fixtures, and baseboards to make the house shine.
  • Get replacement estimates.
    Do you have big-ticket items that will need to be replaced soon? Find out how much it will cost to repair an older roof or replace worn carpeting, even if you don’t plan to do so. The figures will help buyers determine if they can afford the home, and they’ll be handy when negotiations begin.
  • Locate warranties.
    Gather up the warranties, guarantees, and user manuals for the furnace, washer/dryer, dishwasher, and any other items that will remain with the house. It may seem like this task can be left until closing, but you don’t want lost paperwork or last-minute scrambling to cause the deal to fall through.
  • Spruce up the curb appeal.
    Walk out to the front of your home, close your eyes, and pretend you’re a prospective buyer seeing the property for the first time. As you approach the front door, what is your impression of the property? Do the lawn and bushes look neatly manicured? Is the address clearly visible? What do you see framing the entrance, if anything? Is the walkway free of cracks and impediments?

 

TEAM LEE MOORE IS HERE TO ASSIST YOU IN YOUR REAL ESTATE NEEDS. WE'LL BE HAPPY TO STOP BY AND SHOW YOU HOW WE GO ABOUT SELLING HOMES, PLUS WE'LL GIVE YOU A FREE UPDATED MARKET ANALYSIS ON YOUR HOME...YOU SHOULD KEEP IN TUNE WITH THE VALUE OF YOUR HOME, GIVE US A CALL ANYTIME.....

602-920-8000   IN ADDITION, JUST CLICK........VALUE MY HOME...... FOR A FREE ONLINE HOME ANALYSIS!!

Click to go back to ....."Monday Morning Coffee"

 

AUGUST 2017, "LEE'S MONDAY MORNING COFFEE" AND CURRENT "HOME TRENDS" REAL ESTATE NEWS!

by TEAM Lee Moore, Lee Moore Sr., Associate Broker, A
 
 
 
 

INSPIRATION FOR TODAY:

"Hard work never killed anybody, but why take a chance?"
 
~ Charlie McCarthy (Edgar Bergen, 1903-1978)
 
LIKE RATS IN A MAZE!
 
Today's quote is funny, but also sobering in light of recent studies of hard-working Americans. You see, as it turns out, hard work could actually kill you. Well, it's not actually the work that does it, but the amount of work and the time spent at it.
 
Most of us consider a full time job to involve forty hours per week. Obviously, for those in the real estate industry, emergency services, and any other number of professions, that number can range much higher. Now a University of California (Irvine) study of nearly 25,000 people reveals that workers who clocked more than 51 hours at the office each week were 29% more likely to have high blood pressure than those who worked 39 hours or less. The likelihood of elevated blood pressure increases tandem to the number of hours worked.
 
Maybe that figure doesn't surprise you, and maybe high blood pressure doesn't worry you as much as it should. This whole work-stress study was inspired by an interesting phenomenon in Japan. They have a word for it - "Karoshi" - and it means "sudden death from overwork." (!)
 
As highly charged as the work ethic is in Japan, Americans today actually clock more hours than the Japanese. Then consider that most of the developed world legislates laws to limit work hours - except the United States. What we have so endearingly termed the "rat race" seems to hold no great prize on the other side of the finish line. Like Lily Tomlin once observed, "The trouble with the rat race is that even if you win you're still a rat."
 
There is a positive note here, and that is that the highest hypertension was more common among clerical and unskilled workers than among professionals. That figure, too, might not surprise you, but it's comforting to know that more mentally challenging work seems to protect us from other potentially negative effects. Just remember that your body and your mind work their best when you rest your best!
 
 
 
                                                                                                                      
 
 

August 2017 News

August 2017 News

"HOME TRENDS" Real Estate Market !!

Note: National Association of Realtors® (NAR) data below is from June (the most current national data)

National Association of Realtors® (NAR) data shows that sales of existing homes dipped in June owing to a low supply. While homes sold at a near record pace, activity ultimately ended up muted. Only the Midwest saw an increase in sales last month.

Total existing-home sales (measures completed transactions for single-family homes, townhomes, condominiums and co-ops) dropped 1.8% to 5.52 million in June from 5.62 million in May. Despite last month's decline, June's sales pace is 0.7 % higher than a year ago.

  Existing Home Sales By Region
NAR's chief economist, Lawrence Yun, indicated that the dip in contract activity in the prior three months translated to a pullback in existing sales in June. "Closings were down in most of the country last month because interested buyers are being tripped up by supply that remains stuck at a meager level and price growth that's straining their budget," Yun said. NAR's economist added, "The good news is that sales are still running slightly above last year's pace despite these persistent market challenges."

Housing Data Takeaways

  • June's median existing-home price for all U.S. housing types was $263,800, up 6.5% from June 2016 ($247,600). Last month's median sales price overtakes May as a new peak and represents the 64th straight month of year-over-year gains.
     
  • Total U.S. housing inventory at the end of June dropped 0.5% to 1.96 million existing homes available for sale, and is now 7.1% below a year ago (2.11 million) and has dipped year-over-year for 25 consecutive months. Unsold inventory nationally now offers a 4.3-month supply at the current sales velocity, which is down from 4.6 months a year ago.
     
  • First-time buyers drove 32% of sales in June, down from 33% both in May and one year ago. The annual share of first-time buyers for 2016 was 35%.
     
  • Freddie Mac data indicates the average commitment rate for a 30-year, conventional, fixed-rate mortgage fell for the third consecutive month, dipping to 3.90in % June from 4.01% in May. For all of 2016 the average commitment rate was 3.65%.

Make Your Offer Count!

Before making an offer on a home in today's competitive housing market, it is more important than ever for home buyers get their financial house in order when applying for a loan.

While there are online resources available that can provide a sense of one's overall financial position, be sure to review your credit report in person with your mortgage professional and get pre-approved for a loan before making an offer on a home.

A little preparation goes a long way and can make a big difference when it comes to closing on your dream home. Contact us today to get the right loan for your current needs!

 

Tips for Sellers

When preparing your home for sale, a number of simple cosmetic changes often provide the biggest return on investment. Here are three tips to upgrade your house without breaking the bank:

  • Bring in the light. The right light creates the right mood. Adding lights to dark rooms can make your home feel warm and inviting. Bring outdoor light inside by opening curtains and installing economical suntubes.
  • Create Space. Many of today's buyers are looking for open rooms. Consider removing unwanted walls to make your home feel more spacious. Buyers will often pay a premium to get a bit of extra room.
  • Replace Flooring. Get rid of that old carpet in the den and replace it with today's newer hardwoods and laminates. You don't have to spend a lot to make a big impression!

These simple tips can help you sell your home and take advantage of today's market. Please contact us if you have any questions about selling your home. We are here to help!

 

Hello and welcome to our weekly E-Newsletter with a little "Inpiration" and National "Home Trends" real estate news we bring you each week .....there's great information about homes in general and what's going on in the US housing market as well. If you want to receive this info each week, just click......yes, SUBSCRIBE!

TRILOGY + WET AND WILD JULY 2017

by TEAM Lee Moore

TRILOGY + SPECTACULAR July! + "Monday Morning Coffee"

 

 
 

INSPIRATION FOR TODAY:

"Happiness is like a butterfly. The more you chase it, the more it will elude you. But if you turn your attention to other things, it comes softly and sits on your shoulder."
 
~ Anonymous
 
DRAW YOUR OWN MAP!
 
Imagine you've planned the trip of your dreams - say from North Carolina to Colorado. You've charted all the roads, have a fist full of maps just in case, and have your priorities straight in your mind. You get started on a beautiful sunny day, and begin enjoying the ride.
 
Late in the day, as you approach the Mississippi River, you drive straight into a bank of heavy fog. You turn on your lights, but still cannot see 10 feet ahead. Just because the highway is out of sight doesn't mean you've lost your way. Continuing on the path you've set for yourself, you soon break out into the sunshine again - still headed in the direction of your dreams.
 
In perspective, consider that the trip represents your life's goal - your first priority. Steering your vehicle down the highway hour by hour represents your efforts to reach your goal. The fog bank illustrates the momentary interruptions and obstacles encountered on your journey.
 
As day #2 begins, you find that you've come to an unexpected intersection - one that's not on your map. Confused, you pull over and examine the map closely. Stay to the right and you'll end up in Colorado. Take a left and you may arrive at an unanticipated, yet equally wonderful destination.
 
OK, let's cut to the chase! Sometimes your priorities change, don't they? Just as you think your goal is in sight, a new opportunity arises. Remember the saying that "life is a journey - not a destination"? What's exciting is that YOU are in control of the steering wheel, and whatever destination you choose is OK - so long as it's YOU who has made the choice.
 
Happy motoring!
 

 

 

.

 
 
                                                                                                      
 
  
 
 
 
 
 
 
........Searching for a home? Want to check out some new areas?  LOOKY HERE......We have a new feature here and your welcome to visit this great real estate search anytime, no obligation. It's free tor you or anyone you know to use anytime. This feature will forever be a normal fixture on any of our sites just for you......give it a try Click "SEARCH"
 
                         
 
                                                                                                     


 
 
Image result for clip art house values
 

 

 
Let's find out the value of your home in today's real estate market. We provide this service to anyone who requests, at no charge, no obligation. Just Click......yes, NEW VALUE  of my home!
 
 
 
 
                                                                             
 
 
 


  It's time for the MONSOON's!  As many of you know July and sometimes August we get the MONSOON"S. Lots of dust, little rain and a ton of wind. Makes for everything to get dusty outside and of course goes in your home as well. For those having breathing issues, it is not good. Try to stay indoors especially when it is windy! If there is any humidity in Arizona, it will be during the Monsoon's. By the appearance of the clouds,  you would swear it is going to rain like heck.....then nothing happens, but for the rain we get, it's makes for some nasty humidity. Drive careful out there, as when the strong winds come, they can really blow you around on the roadway....others too, so just beware!

By the way, we would love to stop by and discuss your real estate needs anytime!

 

CLICK......READ OUR E-NEWSLETTER IN ENTIRETY!

 

I hope you are getting ready for a great 4th of July coming up in Trilogy and elsewhere. Again we are still working on our weekly "Monday Morning Coffee" report this week. We're under construction building and adding some new features.! Check out TRILOGY, VISTANCIA and BLACKSTONE real estate Stats plus our little weekly "Inspiration" for you. Have a great week and talk to you soon!

 
 
 
COLUM

                                                                                                                            

 

NEW HOME SEARCH IDX. By the way, check out our new feature.  You can find your perfect home anywhere in the valley. This will be a permanent fixture so you or anyone you know can use anytime from our sites, FREE and no obligation. Go ahead, click button below, "FIND A HOME" .

                                                     FIND A HOME  !!

 
                                                       READ MOORE ......
 
 
 
 
TRILOGY-Mid summer beat + A "Monday Morning Coffee"
 
                                          
 
 
 

INSPIRATION FOR TODAY:

"A man would do nothing if he waited until he could do it so well that no one could find fault."
 
~ John Henry Cardinal Newman
 
SELF PROMOTION!
 
Been chasing success? Have you caught it yet? Maybe you finally landed a big contract, got that promotion, or reached bonus level at work. Setting a goal and achieving it is gratifying, but it's not usually the end of the journey. Most of us tend to set yet another goal, and take off running again.
 
There's no such thing as taking one grand step and reaching the summit, even when that one step is the last of many already taken on the journey. If you are not satisfied with every small success, and are always looking towards the next achievement for your ultimate gratification, the likelihood is that you will never reach it.
 
What drives your need for the big listing or promotion or bonus will not leave you once you've gotten what you thought you wanted. You must take great care not to let your drive for more and more success belittle what you have accomplished so far. Ultimate success does not come with this or any future achievement. It's about the "whole package" or the "big picture."
 
Do you love what you do for a living? If you say yes, but find yourself constantly pushing for more fulfillment, you might need to reconsider that question. Loving what you do creates a sense of accomplishment and satisfaction, regardless of your position on the ladder. If you're happy not to "keep up with the Joneses," or build mountains of wealth, you are to be congratulated on reaching your own form of nirvana.
 
Your sense of self-worth is not (nor should be) tied to any one positive or negative event. A happy and successful self is a combination of feelings and beliefs, based on experiences at home and at work. Remember that you are greater than the sum of your parts!

INSPIRATION FOR TODAY:

"A man would do nothing if he waited until he could do it so well that no one could find fault."
 
~ John Henry Cardinal Newman
 
SELF PROMOTION!
 
Been chasing success? Have you caught it yet? Maybe you finally landed a big contract, got that promotion, or reached bonus level at work. Setting a goal and achieving it is gratifying, but it's not usually the end of the journey. Most of us tend to set yet another goal, and take off running again.
 
There's no such thing as taking one grand step and reaching the summit, even when that one step is the last of many already taken on the journey. If you are not satisfied with every small success, and are always looking towards the next achievement for your ultimate gratification, the likelihood is that you will never reach it.
 
What drives your need for the big listing or promotion or bonus will not leave you once you've gotten what you thought you wanted. You must take great care not to let your drive for more and more success belittle what you have accomplished so far. Ultimate success does not come with this or any future achievement. It's about the "whole package" or the "big picture."
 
Do you love what you do for a living? If you say yes, but find yourself constantly pushing for more fulfillment, you might need to reconsider that question. Loving what you do creates a sense of accomplishment and satisfaction, regardless of your position on the ladder. If you're happy not to "keep up with the Joneses," or build mountains of wealth, you are to be congratulated on reaching your own form of nirvana.
 
Your sense of self-worth is not (nor should be) tied to any one positive or negative event. A happy and successful self is a combination of feelings and beliefs, based on experiences at home and at work. Remember that you are greater than the sum of your parts!

 

 
 
                                                                                                   
 
                                         
                              REALTY FACTS      
 

FOR year 2017, Listed below are the basic real estate STATS for TRILOGY, VISTANCIA and BLACKSTONE. As of MONDAY June 26,2017

 

TRILOGY.....FACT    Presently there are 63 resale homes for sale info Trilogy, and 15 homes under pending StatusThere have been 113 resale homes SOLD since beginning 2017 (The average SOLD price for those sales were $405,002 or $191.09 per sq.ft. and average days on the market were 104 days.

 

VISTANCIA.....FACT has 50 resale home for sale, and 28 homes under Pending Status. There have been 86 resale homes SOLD since the beginning 2017. (The average SOLD price for those sales were $364,973 or $126.36 per sq.ft., average days on the market were 78 days.)

 

BLACKSTONE ....FACT   Has 17 resale homes for sale, and 3 homes under Pending Status. There were 20 SOLD since beginning 2017. (The average SOLD price for those sales were $555,047 or $166.59 per sq.ft., average days on the market were 149 days.)

**The highest priced home SOLD in TRILOGY for the past 6 months was $640,000, SOLD 4/28/2017.

** The highest home SOLD in BLACKSTONE for the past 6 months was $810,000 on 5/26/2017.

 

MAJOR FACT ....For the year 2016, of the 173 resale homes sold in Trilogy, 34 units were sold by RE/MAX, 182 homes sold in Vistancia, 41 sold by RE/MAX and 31 homes sold in Blackstone, 13 sold by RE/MAX. There's a reason, ask me why?

DID YOU KNOW   In Maricopa County, there are only 17,534 resale homes for sale. This figure of 19 to 20 thousand home inventory in Maricopa has been consistant for about 5 years. 

TEAM Lee Moore will always bring you updated/accurate real estate information taken directly  from our local MLS (Multiple Listing Service). Thank you, Lee Moore

LEARN THE "NEW VALUE" OF YOUR HOME. We invite you to obtain the NEW VALUE of your home, online, anytime. You can keep in tune with the value of your home 24/7 online, just click......

                                                   YES, "NEW VALUE"

 

By the way, please remember, we take pride in obtaining new referral busines and would be honored if you would send us a referral, so if you or anyone you know are in need of real estate assistance, please contact, Lee Sr., Lee Jr. or you can go online here......Yes, REFERRAL to the Moore's!

 

TRILOGY 6/12/2017 This summer, Drink water, Drive Careful !

by TEAM Lee Moore
      I hope you are getting ready for your "Happy Summer Days" in Trilogy and elsewhere. We are bringing you a short "Monday Morning Coffee" report this week. We are kind of giving our E-Newsletter a little redo and adding some new features, under construction! Again, e have the real estate Stats and a little weekly "Inspiration" for you. talk to you next week!
 
Here's a NEW FEATURE we will have here as a permanent link for you or anyone to use FREE and no obligation. You can search for a home anywhere in Maricopa County, For sale or For rent. This link is extremely i
Internet friendly and EEZZ to use.....give it a try, just click below, "FIND A HOME" !!
 
 
COLUMN
 
  "FIND A HOME"
 
READ MOORE.........
 
 
TRILOGY + Real Estate Stats + a "Monday Morning Coffee"
 
             
 

INSPIRATION FOR TODAY:

"Try not to become a man of success but rather try to become a man of value."
 
~ Albert Einstein
 
 
A WEALTH OF CHARACTER!
 
A couple of years back, there was a terrific "rags to riches" story that ran on the newscasts, and it still remains in memory. A gentleman won a $220 million jackpot in Idaho, although that fact is not what is so extraordinary. It’s what he planned to do with his winnings – invest for the future.
 
Most folks would allow themselves to go a little crazy if they became instant millionaires. After all, you could spend - say, oh two million bucks - and still have plenty left over for the future, right?
 
Well, this fellow’s plans were to “build a billion-dollar empire to take care of my family and to give opportunities to the people who have given me opportunities.” Taking his one-time lump payment of $125 million ($85 million after taxes), he wanted to amass a one billion dollar portfolio within fifteen years. Immediately, a team of attorneys, public relations gurus and financial advisers began working to help him achieve his goals of investing in business and donating to charitable organizations.
 
Not wishing to bask in the limelight or expose his family to the compulsory media frenzy, he tried to remain anonymous, but discovered that was in violation of the lottery’s regulations. Telling two family members when he won, he broke the news to the rest of the family during a special meeting where they expected to hear of a terminal illness, wedding engagement, or marketing scheme.
 
The sports enthusiast’s “big splurge” was a professional racing bicycle – no yachts, luxury cars, or vacation homes. He simply wanted to continue enjoying the things he always had, and to remain the person he always has been.
 
It’s clear that regardless of winning the lottery, he is the type of person who would still have done everything in his power to improve his life, the lives of those around him, and the lives of those in need. He shows that character is not measured by one’s success, but by one’s value. One wonders how he's faring today, and how we increase the net worth of our own “character portfolios.”
 
 
                                                                                                   
 
                                         
                                                REALTY FACTS      
 

FOR year 2017, Listed below are the basic real estate STATS for TRILOGY, VISTANCIA and BLACKSTONE. As of MONDAY 5/12/2017

 

TRILOGY.....FACT    Presently there are 69 resale homes for sale info Trilogy, and 16 homes under pending StatusThere have been 106 resale homes SOLD since beginning 2017 (The average SOLD price for those sales were $405,842 or $191.55 per sq.ft. and average days on the market were 104 days.

 

VISTANCIA.....FACT has 58 resale home for sale, and 23 homes under Pending Status. There have been 74 resale homes SOLD since the beginning 2017. (The average SOLD price for those sales were $304,577 or $124.44 per sq.ft., average days on the market were 82 days.)

 

BLACKSTONE ....FACT   Has 16 resale homes for sale, and 5 homes under Pending Status. There were 15 SOLD since beginning 2017. (The average SOLD price for those sales were $526.918 or $165.56 per sq.ft., average days on the market were 168 days.)

**The highest priced home SOLD in TRILOGY for the past 6 months was $640,000, SOLD 4/28/2017.

** The highest home SOLD in BLACKSTONE for the past 6 months was $810,000 on 5/26/2017.

 

MAJOR FACT ....For the year 2016, of the 173 resale homes sold in Trilogy, 34 units were sold by RE/MAX, 182 homes sold in Vistancia, 41 sold by RE/MAX and 31 homes sold in Blackstone, 13 sold by RE/MAX. There's a reason, ask me why?

DID YOU KNOW   In Maricopa County, there are only 17,834 resale homes for sale. This figure of 19 to 20 thousand home inventory in Maricopa has been consistant for about 5 years. 

TEAM Lee Moore will always bring you updated/accurate real estate information taken directly  from our local MLS (Multiple Listing Service). Thank you, Lee Moore

 

Please remember, TEAM Lee Moore offers you a great free home valuation anytime upon request. Prices change on homes all the time, so it's a good idea to keep up with the marketplace regardless if you want to sell or not, just click yes, FREE VALUATION!  

 

       Well, do you think it's hot enough yet?  Today and tomorrow is suppose to be over 109 degrees. Having lived here since 1959, I always say, I have never gotten use to the heat and I never will. I have personally witnessed an egg that was fried on the sidewalk....no kidding. People find that a hard story to believe but it does happen. If your here all summer without a break in the weather, it is difficult. For a quick getaway, go up to SHOW LOW, LAKESIDE, or PINETOP. It's about 8000 sq.ft. and runs 15-20 degrees less then Phoenix, but it really cools off at night so you get a great break in constant heat. Hope you have a great summer!

 

Please remember, TEAM Lee Moore offers you a great free home valuation anytime upon request. Prices change on homes all the time, so it's a good idea to keep up with the marketplace regardless if you want to sell or not, just click yes, FREE VALUATION!  

 

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  " READ JUNE 2017 HOME TRENDS "

 
 

JUNE 2017 Housing Report 

Note: National Association of Realtors® (NAR) data shown below is from April (most current national data)

A persistently low supply of existing homes available for sale slowed April's sales velocity, resulting in a 29-day median number of days that a home remained on the market, a new low according to the National Association of Realtors®.

Total existing-home sales (completed transactions for single-family homes, townhomes, condominiums and co-ops), fell 2.3% to a seasonally adjusted annual rate of 5.57 million in April from 5.70 million in March. Despite the decline, sales remain 1.6% higher than a year ago and represent the fourth highest pace for the last 12 months.

  Existing Home Sales By Region
NAR's chief economist, Lawrence Yun, said that every major region except the Midwest saw a drop in existing sales in April. "Last month's dip in closings was somewhat expected given that there was such a strong sales increase in March at 4.2 percent, and new and existing inventory is not keeping up with the fast pace homes are coming off the market," Yun said. "Demand is easily outstripping supply in most of the country and it's stymieing many prospective buyers from finding a home to purchase."

Housing Data Takeaways

April's median existing-home price (all housing types) was $244,800, up 6.0% from the same time last year ($230,900). Price gains in April represent 62 consecutive months of year-over-year growth.

Total housing inventory nationally at the end of April rose 7.2% to 1.93 million existing homes available for sale, and is 9.0% below one year ago (2.12 million) and has dropped year-over-year for 23 straight months. Nationally, unsold inventory offers a 4.2-month supply at the current sales pace,  down from 4.6 months a year ago.  

Freddie Mac data shows the average commitment rate for a 30-year, conventional, fixed-rate mortgage fell for the first time in six months, dipping to 4.05% in April from 4.20% in March. For all of 2016, the average commitment rate was 3.65 percent.

Summer Selling Opportunities

Sellers, you have an excellent opportunity to sell your home this season if you have the right pricing strategy in place from the start! Studies show that the longer a property stays on the market, the less the seller will net upon the sale. It is very important to price your property at a competitive market value at the signing of your listing contract. The market today in many places is so competitive that even over-pricing by a few thousand dollars could mean that your house will not sell as soon as it could.

An Overpriced Home:
· Minimizes offers
· Lowers agents response
· Limits qualified buyers
· Lowers showings
· Lowers prospects
· Limits financing
· Wastes advertising dollars
· Nets less for the seller

When you are ready, contact us today for a personal market value analysis of your home. No hassles or obligation - just honest advice on how to get top dollar for your home!

Save Thousands in Interest