Anthem Country Club Home JUST LISTED $220k

ANTHEM COUNTRY CLUB $220k 2 brdm+Den, 2 Bath, Gently lived in, second home for owner in the ANTHEM COUNTRY CLUB beautifully decorated, furnishings available by separate bill of sale. Located on a private cul-de-sac, desert wash on north and east side of property. Enjoy views of Daisy Mountain from covered patio. Call 623-776-6217 to view this home. See more at http://2140wvalhallact.com/

Kathleen Mazzocco and Anthem, AZ featured on HGTV House Hunters tonight

Anthem, AZ and Kathleen Mazzocco, Realtor are featured on HGTV House Hunters tonight.
Kim & John Bojonny relocate from Maryland to Phoenix, AZ. Check your local listings for time.

Read the article published in the Images Magazine about the making of the show:
http://www.kathleeninarizona.com/archive_details.php?arch=717

View show highlights.
http://www.kathleeninarizona.com/hgtv-c11568.html

Which home do you think the couple from Maryland will choose?

Which Cities in Phoenix, AZ are most affordable?

Have you ever wondered which Cities in the Phoenix area are the least and most affordable?

The Cromford Report ranks cities in the Phoenix, AZ area by annual average price per square foot and also details the change in appreciation/depreciation for each city for the last year.

click this link to view report: http://kathleeninarizona.com/archive_details.php?arch=716

Scottsdale Luxury Lender Owned Home Coming on the Market Soon

Preview this bank owned Scottsdale GEM! Luxury semi-custom home built by TW Lewis on 1.25 acres. Too many upgrades to list. Approx. 4,231 sq. ft., 5 bdrm, 3.5 bath, Separate Guest Casita in backyard, LAP POOL w/waterfall feature, 4 car garage w/surround sound! Entertain family and friends outdoors near pool on the raised patio with built-in BBQ, fireplace, and plenty of seating! Guest rooms share a den w/built-in media niche and full Jack-n-Jill bath.

Call Kathleen to preview this home today 623.776.6217. Best value in the Peakview Trails subdivision.

For more information and photos go to:
http://foreclosuresinscottsdaleaz.com/

High End Homes for Sale - 40 month supply!

The National Association of Realtors announced that the high end market over $750,000 has a 40 month supply of homes for sale. It will take over 3 years at the current pace to sell all of these homes per Chief economist Lawrence Yun .

Jumbo loans are pricier and more difficult to get, job losses are mounting, and buyers in that price home are generally move-up buyers, so they have to sell their own homes first. Mr. Yun, expects to see more foreclosures of high-end properties.

Read Diane Olick's blog she is a CNBC Real Estate reporter

http://kathleeninarizona.com/archive_details.php?arch=715

Scottsdale DC Ranch Developer relinquishes Club

Scottsdale, AZ DC Ranch only had 30 new members last year. Developer DMB Associates turned over ownership of the Country Club to its members after an 18 month transition.
Membership initiation fee has been reduced from $135,000 to $75,000.

READ this article:

http://kathleeninarizona.com/archive_details.php?arch=714

Tuition Tax Credits provide savings to local taxpayers but drain state money

Arizona's private school tuition tax credits do save the state money by shifting students from public to private schools. Less students in the public school system saves money spent on building maintenance and operation costs. The Arizona Department of Education reports that the state spends $4,623 per student from the General Fund per year. The current shift of students going from private schools to public schools could have an effect on the current savings taxpayers are seeing right now.

Read this entire article posted in the Arizona Republic on October 14, 2009.

http://kathleeninarizona.com/archive_details.php?arch=713

Phoenix , AZ Another post-holiday foreclsoure surge predicted - due to income loss not because of home value loss

As predicted, the next wave of foreclosures is due to economic conditions not subprime loan products or "bad loans". This time it will involve prime mortgages.

"It has nothing to do with the value of the home," said Mike Wasmann, president of the Arizona Association of Realtors. "It has to do with people not having any money".

Areas like Scottsdale, AZ which have been relatively stable the last two years may see an increase in foreclosures as the high-end homes will be included in the foreclosures in early 2010. The upper middle class and wealthy households whose primary source of wealth was real estate, are struggling financially now. Those who have had financial setbacks and lost their financial cushion will try to make it through the holidays before ceasing payment (as evidence seen in the record February surge in foreclosures).

Read this article published in the Arizona Republic for more details:
http://kathleeninarizona.com/archive_details.php?arch=710

Anthem, AZ Home Sales for September 2009

WATCH ANTHEM, AZ ON HGTV HOUSE HUNTERS October 20, 2009

Anthem, AZ Home Sales
112 Homes & Condos SOLD in September 2009
45% of Sales were Bank Owned Homes compared to 73% in January '09
Inventory Continues to be low
208 Homes & Condos For Sale as of Oct. 1,2009

If you are thinking of Selling your home in Anthem, now is the time. Low Inventory, large number of Buyers. Many homes are having mulitple offers causing some bidding wars. Most of the bank owned properties are listed low to sell fast, but close for more than list price. Contact me for more details.

VIEW highlights of Anthem Arizona at http://www.anthemazcommunity.com/

Anthem Country Club
31 Homes Sold 41% were bank owned
$130.20/per sq. ft. avg. Homeowner Sales

Anthem Parkside East
51 Homes Sold 45% were bank owned
$ 96.43/per sq. ft. avg. Homeowner Sales

Anthem Parkside West
24 Homes Sold 58% were bank owned
$ 85.00/per sq. ft. avg. Homeowner Sales

The Landing in Anthem
1 Home Sold
$99.70/per sq. ft. avg. Short Sale only

The Paseo
3 Townhomes Sold

33% were bank owned
$ 80.06/per sq. ft. avg.

The Villages
2 Condos Sold
$ 68.71/per sq. ft. avg. Short Sales only

NO change to Anti-Deficiency Statue but taxes increase

A WIN FOR AAR:
Governor signs bill that repeals change to anti-deficiency statute Governor Jan Brewer signed HB 2008, which repeals SB 1271 and its change to the anti-deficiency statute. AAR would like to thank our members for their quick response and action on this matter. AAR's success is due, in part, to members like you who help engage on issues down at the Capitol. AAR will continue to work with legislators and industry stakeholders to protect homeowner rights at the Capitol. Other budget news... The governor vetoed SB 1025, general revenue bill, which included the repeal of the state equalization tax credit. Maricopa County will begin printing property tax bills reflecting the increase come early next week. Governor Brewer also line item vetoed cuts in K-12 education, restoring funding. She stated in her press conference, however, that more cuts are likely or additional revenue will be needed. She believes the overall budget plan should avoid the need for state borrowing at least until early spring. There was no immediate call for an additional special session, but one is likely in the coming month.