A hard to find, 3 bedroom, 2 full bath home in a Downtown Phoenix Historic neighborhood.  This charming Brick Bungalow on a nice street in Coronado, was professionally remodeled earlier this year adding a dining room, family room and master bedroom suite with stained concrete floors.  The original part of the home, features hardwood floors, living room with fireplace, interior french doors, baseboards and crown molding. There are ceiling fans and cable hook-ups throughout the home.  Exterior features include historic double-hung windows and shade trees in both front and back yards.  All the major items in the home have been updated either in 2008 or in 1998.

Asking price is $269,900.

For more information or to arrange a viewing of this home, contact Lyle Plocher with Urban Connection Realty at 602 373 3725 or lyle@urbanconnectionrealty.com

See additional photos of this home on our website's Properties Page

Just asking!  This amazing home is even in one of our Historic Neighborhoods, walking distance to quaint hangouts like Cibo's, Palatte, Chez Nous and others.

This home features 4600+ sq ft of living space (all original) on three levels including the finished basement with family room & fireplace.  Open spacious living and dining rooms with great windows, corner stone fireplace, stained polished concrete floors, large gourmet kitchen with walk-in pantry, new cabinets, counters and appliances.  Three bedrooms, three baths on the main floor and five bedrooms, three baths upstairs.  Exterior features include covered patio and large swimming pool with slide.

Asking only $748,500.

For more information or to arrange a personal viewing of this home, contact Lyle Plocher with Urban Connection Realty at 602 373 3725 or lyle@urbanconnectionrealty.com

Listing is courtesy of Realty Executives

In preparation for its fall opening, the Sheraton Phoenix Downtown Hotel is opening a recruitment unit in the Arizona Center.

Called the Sheraton Recruitment Center, it opened on Tuesday, July 15th, in the retail, movie and restaurant complex located across the street from the hotel at Third and Van Buren streets in downtown Phoenix.

"This is an incredible opportunity for people looking to work in the downtown area. With the opening of the light rail at the end of the year and all of the new residential developments in the area, we're excited about the impact this will have in breathing some life into downtown Phoenix," said Cindy Radamaker, director of human resources at Sheraton Downtown Phoenix.

The Sheraton Recruitment Center will be open Mondays through Fridays from 9 a.m. to 4 p.m.

Candidates may also visit www.sheraton.jobs/phoenixdowntown and apply electronically.

The 1,000-room Sheraton Phoenix Downtown, scheduled to open in October, will feature a 3,500-square-foot fitness center and a 4,500-square-foot outdoor pool and sundeck.

If you haven't heard, FHA is continuing its allowance of ZERO DOWN PAYMENT GIFT ASSISTANCE with owner occupied purchases in the Phoenix area.

Phoenix is also poised to be removed from the Declining Market List with FHA, as Fannie Mae and Freddie Mac have already made this determination.

With ZERO DOWN FHA being so popular with even repeat home buyers, in addition to first time home buyers, we have seen multiple offers on homes that are priced below market values, many of them bank-owned, with the seller asking for the highest and best offer from the multiple buyers.

Keeping up with all the new News lately in this are is exciting.  Stay tuned for great opportunities in Real Estate!

Andrew Schmidt- Nations Home Funding, Inc BK0905991  ACSchmidt4@aol.com

It's no secret that the Real Estate Market of the last year and a half has been brutal to many.  The biggest beneficiaries of the declining market which is showing signs of "hitting bottom" are those individuals who are in a position to buy a residence or investment property.  The best source of opportunity to people in a position to buy, are "Lender Owned" properties, where the Lender has gone through foreclosure and taken the property back.  These Lenders are very eager to get the properties off of their books and they respond to offers in a pretty short timeframe as opposed to "short sale" situations where properties have not been foreclosed on yet and buyers sometimes wait for weeks to get an answer on their offer. 

I'll share 2 current opportunities with you:

1. A 1 bedroom, top floor unit at the Orpheum Lofts, which sold at the peak of the market in September 2005 for $354,900 is now available for $176,300.  This is a corner unit, that features exposed brick walls, exposed ductwork, hardwood floors, granite countertops, designer lighting & great views plus all of the Orpheum's common area amenities.

2. A 3 bedroom, 1.75 bath, 1700 + sq ft home in the Willo Historic District, which previously sold for $387,000, now available for $299,900.  Features include hardwood floors, coffered ceilings and crown molding.

To find out more about these properties or any other "lender owned" lofts, homes, condos or residential income property in Downtown Phoenix, contact Lyle Plocher with Urban Connection Realty at 602 373 3725 or lyle@urbanconnectionrealty.com

This is a One of a kind beautiful quaint California Bungalow with 2 bathrooms.  As soon as you step inside this gorgeous 1128 Sq Ft bungalow, you will feel at home. This house has a full attic and a basement that are not included in the square footage. The house also features a Built-In, original China Cabinet, some original Steelcase windows, a collectible vintage 'SPARK' stove and the original wooden floor. Great deal for this desirable historic district. Lender owned and priced at 299K. 

For more information or to view the home, contact Lyle Plocher with Urban Connection Realty at 602 373 3725 or lyle@urbanconnectionrealty.com

The most recent news in the last 2 weeks in Phoenix now finds Buyers pitted against each other, and against the savvy local investors, in a bidding war for properties in Phoenix.

Real Estate has dropped so low in Phoenix in some areas, that the $125k to $175k price range is now actually deluged with multiple offers.

Realtors are beginning to ask, "Is this the end of the downturn?" as they are losing out to other competing Realtors down the street and having to become aggressive again in their advice to, and bids on behalf of their clients.

Keep your eyes open and ears tuned in for the "psychological turn" that's coming soon.  Phoenix has always grown, and as the purchasing picks up, values will once again rise quickly off the bottom.

Thanks to FHA and $0 Down Ameridream Down Payment Gift Assistance, owner occupants can still enjoy the 0 down benefits of a great 30 year fixed, low rate guaranteed by FHA.

If you're interested in not missing the bottom, consider preparing quickly with your finance options, so you'll be prepared when you see the first Arizona Republic Headlines soon say, "PRICES RISING FOR FIRST TIME IN 2 YEARS".

Andrew Schmidt, Nations Home Funding BK0905991

ACSchmidt4@aol.com 602.371.8600

The largest contemporary art gallery in the West, Bentley Projects is located in a renovated 1918 Downtown Phoenix warehouse featuring soaring ceilings with clerestory windows and distinctive architectural details. Home to large-scale paintings, sculpture, photography and print exhibitions by mid-career local and internationally recognized artists, Bentley Projects also exhibits site-specific installations providing visitors with a unique experience at each visit.

Hosting an event? We have the space.

Bentley Projects can accommodate a variety of events ranging from large
receptions with live music for up to 600 guests, to sit-down dinners
for up to 350 guests, intimate cocktail parties, weddings, or business
meetings - all in a setting unlike any other in Arizona.

For more information visit our website or contact events@bentleygallery.com

Due to the recent Real Estate Downturn, there are an abundance of good deals out there for Investors to take advantage of.  Three examples of opportunities in the Garfield and North Garfield Historic Districts are (1) a 2 bedroom, 2 bath, 922 Sq Ft home which has been remodeled- Asking Price $119,900. (2) a 3 bedroom, 2 bath, 1112 Sq Ft home which has been remodeled- Asking Price $140,000 and (3) a fully occupied, renovated Bungalow style Tri-Plex which has been remodeled and is currently generating $1400 a month in rents and could bring more- Asking Price $239,000.

For more information about any of these properties or any Downtown Phoenix Real Estate, contact Lyle Plocher with Urban Connection Realty at 602 373 3725 or lyle@urbanconnectionrealty.com . 

The Phoenix City Council approved the proposed Arts, Culture & Small Business Overlay on Wednesday evening.  This is good news for Downtown and surrounding neighborhoods in terms of paving the way for Art Galleries, Coffee Shops, and a variety of other businesses who want to open retail locations in existing small homes & older buildings.  The overlay will further stimulate the Arts & creative establishments springing up in our older downtown neighborhoods by allowing these uses in properties currently zoned R-5, while not imposing the normal parking and other requirements placed on retail establishments in suburban settings. 

There are several other features to the new overlay.  To read the whole overlay text and supporting documents, visit the City Planning Department webpage devoted to the overlay.