Keep Your Finger On The Pulse | Residential Real Estate Heats Up

We wanted to share a couple articles with you. Everyone is talking about how Arizona's outlook for 2017 looks hot, hot! Well, we pulled a couple exerts from the articles about the "Hottest 'hoods", "Everything is New Again", and "More People, More Jobs." See the links to read the articles full report. 

Hottest ’hoods

“Millennials will play a big role in generating hot neighborhoods,” says Tom Davis, vice president of Pioneer Title Agency. “Areas that are close to the light rail and hip local eateries and clubs, as well as proximity to downtown, will push that demand.”  That Millennial mindset is why many experts say that while the outlying neighborhoods may be hot for new homes, Central Phoenix will see the highest appreciation in values. Fueled by optimism: Residential Real Estate heats up | AZ Big Media

Everything’s new again

“Opening price-point homes in the high $100,000s and low $200,000s will become plentiful in the outlying areas of Metro Phoenix,” says Doug Fulton, CEO of Fulton Homes.... Fulton says some of the areas that will capitalize on the demand for sub-$300,000 new homes are Maricopa, Buckeye, Laveen, Goodyear, San Tan Valley and Casa Grande. Fueled by optimism: Residential Real Estate heats up | AZ Big Media

Arizona in 2017: More people, more jobs

A new report sees Arizona shifting into higher gear this year, with the pace of economic growth nearly doubling and the state's population passing 7 million.   http://www.azcentral.com/story/money/business/2017/02/21/arizona-economy-population/98197566/

See our website

http://manningteamaz.com/
Our home search page is one of the most valuable tools on this site for both buyers and sellers. Keep your finger on the pulse of the market by visiting the real estate search page.

For buyers there is detailed area and neighborhood information and a great Multiple Listing search page.
For sellers we provide information and data to help you to ready your home for market and to list it so it sells.

WHAT AFFECTS PROPERTY VALUES?

Some of the features that increase property values are obvious-like a remodeled bathroom, a modern kitchen, or a sought-after neighborhood. But here are a few features and circumstances you may not have realized can affect property values.

1. The neighbors: Not every neighborhood or community has an HOA that can keep the neighbors from going overboard with decorations or neglecting to care for their home. Homes adjacent to crazy neighbors can potentially be undervalued.
2. Trendy groceries and coffee: Recent statistics suggest that if your home is a short walk from popular grocery stores like Whole Foods or coffee chains like Starbucks, it can actually appreciate faster than the national average.
3. Mature trees: A big beautiful tree in the front yard is enviable, and it's not something that can be easily added to any home. Homes with mature trees tend to get a little boost in value.
4. Parking: This isn't too much of an issue if you live in the suburbs or in a rural area, but residents in dense cities can have real problems with parking, and homeowners might need to rent a spot just to guarantee a place to park each night. That's why having guaranteed parking in urban areas will raise property values.
5. The front entrance: First impressions matter to buyers-many will cross a home off their list within 10 seconds of stepping through the front door. An appealing front door, a friendly entryway, and a functioning doorbell are all necessities for getting top dollar.

Thorough and Objective Home Evaluation

We consider it our obligation to help you to thoroughly and objectively evaluate your home’s condition and features to properly assess how it competes in the current market. Call or email us today for your free home evaluation. 
 http://manningteamaz.com/Property-Evaluation

HIDDEN HOMEOWNER COSTS

Budgeting for buying a home can be difficult enough when you're just weighing mortgage options and a purchase price. But there are many other factors that go into the cost of home ownership. Some of them are one-time expenses that you'll pay during the home buying process, while others will be recurring costs for as long as you own the home.

Closing costs 

There are several smaller fees that add up to a rather large sum when you're going through the closing process-loan fees, attorney fees, underwriting fees, and more. They typically add up to 2-5% of the purchase price. For a $300,000 home-roughly the national median-that's in the neighborhood of $10,000, so be sure to budget for it.

Appraisal 

Your lender will require an appraisal, and the appraisal fee (a few hundred dollars) comes out of your pocket.

Inspection 

The few hundred dollars you'll pay for a home inspection is money well spent, but it's something you have to keep in mind during the purchase process. You'll have the peace of mind of knowing the house is free from any major issues, and you're making a smart, solid investment.

Insurance 

Although homeowners insurance isn't legally required, it'll almost certainly be required by your lender. Further insurance, such as flood insurance, may also be required (depending on your location).

Home Owners Association 

If you're living in a property or community with shared spaces, you'll almost certainly have an HOA fee. This pays for things like trash removal, maintenance of common areas, and for recreational facilities like gyms and swimming pools.

Finding the right home for you is your primary goal, but enjoying it with a lower payment and better mortgage terms is a very important secondary goal. We’ve researched and worked with many mortgage brokers and lenders in the Southeast Valley real estate markets, and we’ll help you to contact those that are the best fit for you and your financial picture.

Call or Text Judy G 480-779-0896 Judy M 480-518-0722

  http://manningteamaz.com/Buyers/How-We-Serve-Buyers/Getting-the-Best-Financing

4498 E Whitehall Dr., Queen Creek, AZ 85140

4498 E Whitehall Dr., Queen Creek, AZ 85140    CLICK AND LEARN MORE

New Listing! 

Queen Creek Home with a Pool! 

THIS IS A HOT ONE!!!!

Five Things That Factor Into Comps

You may think that sale price is the only factor when you're looking at comps and trying to set a price for your listing. But it's actually a bit more complicated. Here are five things that affect comps that you might not be aware of.

1. New construction nearby: Because of low prices for lots and varying prices in home building materials, new homes can actually be cheaper and cost less per square foot than existing homes. If there's a lot of new construction nearby, that can affect the price for your own listing.
2. Renovations: Recently renovated homes typically sell for more than homes that haven't been updated in a while. If you've recently upgraded your home-especially sought-after upgrades like the kitchen or master bath-your home should be priced appropriately.
3. Developable lots: Not all lots are created equal. Even if the square acreage is the same, a lot that's easily developable will get a better price than a hilly or rocky lot that needs a lot of preparation.
4. Listing price vs. sale price: Whether sellers actually get their asking price depends greatly on the market. When you're pricing your home, it's important to look at sales prices, not just listing prices. The listing price doesn't always accurately reflect what a home will sell for.
5. Location: Nearby amenities, safety, schools, and noise levels can vary greatly within a neighborhood. Homes in more desirable parts of the neighborhood will sell for a higher price, all else being equal.

    

   Finally! A home search app with all the listings and no ads. Find your next home with the Home Scouting app from HBM2. Find it in your app store and register with my VIP Code 480-779-0896.

"The Judy's"

Judy Gillum, REALTOR®

Cell: 480-779-0896

judy.gillumaz@gmail.com

Steve Gillum, REALTOR®

Cell: 480-280-1123

Steve.gillumaz@gmail.com

Judy Manning, REALTOR®

Cell: 480-518-0722

judymanningaz@gmail.com

Michael Manning, REALTOR®

Cell: 602-738-8236

michaelbmanning@cox.net

How An Agent Can Help Alleviate Stress

Purchasing a home can be a stressful experience, whether you’re a first-time buyer or you’ve been through the process before. 

But that’s one of the reasons that working with a real estate professional is so worthwhile. With your agent’s guidance, buying a home should be enjoyable, rather than stressful. Here are some of the more unique circumstances where your agent can make your life much easier.

Out-of-town buyers: If you’re looking for vacation homes or moving to a job in a new city, there’s a good chance that viewing homes will be difficult—you could be a long drive or even a plane ride away. With today’s video messaging apps like Skype or Facetime, your agent can walk you through a property virtually. It’s not the same as walking through in person, but it will at least give you an idea about whether a property is worth pursuing further.

When life is just too crazy: If you’re just getting too busy with everything else going on in your life, a good buyer’s agent should be able to recognize the situation and help you take a step back. They can suggest that you take a few weeks off from your home search to recharge, or only focus on properties that exactly fit your wants list.

Inspection issues: You’re dreaming about move-in day, and then some unforeseen issues turn up during inspection. A good agent can work out those issues by negotiating a lower offer—to cover costs of repairs—or by getting the seller to fix the problem.

Manning Team AZ is made up of family, and family's buy homes. We’re not just experienced real estate professionals in the Mesa, Chandler, Queen Creek, San Tan Valley, Florence, and Gilbert real estate markets, we’re home buyers too. It takes more than a trained real estate agent to understand the needs and concerns of buyer clients. It takes someone who has been there, someone who has the same concerns when they’re home shopping.

We don’t want to minimize the technical aspects of the home buying process though. Every year it becomes more complex. Between government legislation, environmental laws, mortgage documentation requirements and the legal aspects of a home purchase, the home buyer must be on top of all aspects of the process, or be helped by a professional.

The professionals at Manning Team AZ are here to assist buyers in the Mesa, Chandler, Queen Creek, San Tan Valley, Florence, and Gilbert real estate markets, and we’re really good at our jobs. There’s plenty to do:

MLS Search Assistance - We help our buyers to understand the many fields of information in an MLS, Multiple Listing Service search. We guide them in making the most of searches in an MLS with thousands of listings.

Financing Assistance - As tough as it is these days to get a mortgage, we know the best sources in the Mesa, Chandler, Queen Creek, Florence, and Gilbert real estate markets and will help you to contact mortgage professionals who have been very helpful to our past clients.

Price Negotiations- Buyers shouldn’t walk into a deal unarmed. We arm you with market data to help you to understand the buyer and seller sides and formulate an offer price negotiation strategy.

Automated Search Reports - Once we have an idea of your criteria for a home selection, we can set up automated search alert emails to keep you informed of new listings and price reductions of qualified properties.

Inspections & Repair Negotiations - Price isn’t the only negotiation, as there will be property inspections and you may need to enter into more negotiating around property condition and repairs. We’re experts at this.

Contract to Closing - The myriad of tasks, documents and delivery deadlines involved in a real estate transaction are all coordinated by your Manning Team AZ agent and our closing assistance staff. From title insurance to surveys and mortgage documents, we’re here to help.

Buyers in the Mesa, Chandler, Queen Creek, San Tan Valley, Florence, and Gilbert real estate markets are frequently referred to us by previous highly satisfied clients. 

Call or email us today and we'll get started working for you. 

Website: http://manningteamaz.com/Buyers

“A house is made of bricks and beams. A home is made of hopes and dreams.”  

Find your next home with the Home Scouting app from HBM2. 

Find it in your app store and register with my VIP Code 480-779-0896.

Tackle These Projects In A Single Day

It’s easy to get stressed out just hearing the word “renovation.” 

You’re instantly thinking of having your home life disrupted by construction debris, cluttered rooms, and loud noises. But you don’t have to spend a ton of money and brace yourself for months of inconvenience to upgrade your home. Here are a few projects that you can knock out in a single day, and they’ll greatly improve the look and enjoyment of your home.

Paint or replace an exterior door: If you know the correct dimensions and specifications for a replacement door, replacing an exterior door is a quick and easy job. That’s even more true if you’re repainting it. Preparation and a few coats of paint will only take a few hours.

Plant some low-maintenance trees: Young evergreen trees are relatively simple to plant, and after some heavy watering in the first few weeks, they’re very easy to maintain. They’ll add some color and texture to your landscaping, instantly improving curb appeal.

New light fixtures: Whether they’re on the interior or exterior of your home, something as subtle as light textures can have a dramatic effect. Swapping out traditional fixtures for something modern or industrial can completely transform a room.

New hardware: Drawer pulls and door knobs are easy to change out, and like light fixtures, they have a big impact. You’d be amazed how your kitchen or bathroom could look with new hardware.

A Word From Judy Gillum -

The Mother/Daughter part of Manning Team AZ

Mom and I work passionately together with New Home Sales Sellers/Buyers. Judy Manning specializes in semi-custom/custom homes on 1/2 acre - 1+ acre homesites; helping you build your dream home with Highland Communities. We can also assist you with other builders in the area.  

The Father/Daughter part of Manning Team AZ

Dad and I work passionately together in resale for our Sellers and Buyers. Michael Manning specializes in negotiations and in making sure that your real estate property is properly evaluated and priced competitively in the market. We work closely together to move to a successful sale, and we are here to advise, assist, and assure success. 

The Kids (Steve and Judy) part of Manning Team AZ

Steve and I work passionately together in resale for our Sellers and Buyers specializing in simplifying the home buying process for you. 

Our Sellers have enough to worry about in readying their home for market and planning their move to a new home. We take over a huge number of tasks and and details to make sure that your real estate property is properly evaluated, priced, marketed, negotiated and carried to closing. There are so many things to do to move to a successful sale, and we are here to advise, assist, and assure success.  

Our Buyers - It takes more than a trained real estate agent to understand the

needs and concerns of buyer clients. It takes someone who has been there, someone who has the same concerns when they’re home shopping. We don’t want to minimize the technical aspects of the home buying process though. Every year it becomes more complex. Between government legislation, environmental laws, mortgage documentation requirements and the legal aspects of a home purchase, the home buyer must be on top of all aspects of the process, or be helped by a professional. That’s us! We are here to assist buyers in the South East Valley real estate markets, and we’re really good at our jobs. There’s plenty to do with search assistance, automated search reports, financing assistance, price negotiations, and inspections & repair negotiations. We will take you through contract to close.

With our knowledge and experience of Real Estate for over four decades, we will work with you to find a real estate solution that is right for you.  If you currently own property and are thinking of placing it on the market, let us do the work for you!  Our dedication and professional service  are unparalleled. In today's market, you need a quality professional team working for you. Please contact us today or email us to start a discussion of your needs.  

Judy @ 480-779-0896  

Email: mymanningteamaz@gmail.com  

Website: http://manningteamaz.com/Contact