If you are looking for the spacious open feel of an urban loft with the conveniences of a house with an attached garage & large yard, this is it. Appropriately named, The Gallery House, this charming and unique home, was built in 2008 with energy efficient Structural Insulated Panels (SIPS). The open floor plan is designed for today’s lifestyles placing emphasis on entertaining, indoor/outdoor living, and artistic display. Must walk through to appreciate the quality of space, amazing Kitchen and attention to finish & detail. The house has dual pane low-e windows, french doors to large patios, tankless water heater, designer plumbing fixtures & cabinetry and a gas fireplace.
Not only in Downtown Phoenix, but throughout Maricopa County, the sale of foreclosed homes increased dramatically in March. The number of residential homes sold in March of 2009, was the greatest number sold since October 2005. According to statistics compiled and reported by Fletcher Wilcox, V.P. with Grand Canyon Title Agency, there were 6,893 closings in March and 68% of those homes were “lender owned” homes. Another interesting statistic was that 38% of the homes sold for under $100,000. The inventory of available homes in the under $100,000 price range is down to about a 3 month supply. These stats are indicating that the market is in recovery at the bottom of the home sale price range, according to Fletcher’s report.
Downtown & Central Phoenix has a wide variety of housing stock, from 1920’s Bungalows to 50’s ranches to modern loft & condo complexes. This weekend, Phoenix area residents will have the opportunity to tour restored mid-century modern homes during the Founding Fathers of Modern Phoenix Home Tour, sponsored by Matthew & Alison King, the founders of modernphoenix.net. The Tour is part of a larger event called Modern Phoenix Week 2009, which includes workshops, lectures & films and runs from Friday, April 3rd thru Sunday, April 5th.
Things are heating up in the Downtown Phoenix real estate market. This is especially true when it comes to Bank Owned properties. Buyers are coming back into the market to take advantage of the good deals. Actually, so much so, that many properties are attracting “multiple offers”. If you are in a position to buy, don’t wait for the market to hit bottom, because in some segments of the market, I believe we have hit bottom.
Word on the street is that Alta Phoenix is now open and residents are moving in. If you live there, drop us a line and a few pictures – we’d love to see what the inside looks like! Update: Here’s an email we just received- The time has come, we are opening our doors for… Read more
The Encanto-Palmcroft neighborhood, with all of it’s old world charm and palm-tree lined streets, will be putting on their bi-annual Home Tour & Street Festival on Sunday, March 29th from 10 AM to 4 PM. The majority of the estate-like homes in this neighborhood were built in the 1920’s and 30’s, including Spanish Colonial homes and Tudor Revivals alhtough there are also a few classic Red Brick Ranch homes from the 50’s. Past neighbors of note in the Encanto-Palmcroft neighborhood have included US Supreme Court Justice, William Renquist, former Phoenix Suns star Alvan Adams, former Phoenix Mayor John Driggs and many more.
The City of Phoenix is receiving nearly $40 Million from the Federal Government in Neighborhood Stabilization Funds, which it will be using to help Phoenix residents buy “Bank owned” homes within the city limits. Approved applicants will receive $15,000 to go toward their down payment and closing costs. You do not have to be a first-time homebuyer to participate in the program, but the property you buy does have to be your primary residence.
ASU and other public and private sector partners are exploring the possibility of creating vital urban hubs where canals meet major streets throughout metro Phoenix. These hubs could range in size and character, depending on community requests. ASU students are conducting a public survey and would like your feedback.
The Downtown Phoenix Partnership is putting the finishing touches on a wayfinding project – and now they are asking for public input.
Please take a moment and take this brief survey to indicate your preferences. Thank you in advance for taking part in reshaping Downtown Phoenix!
One of the components of the recently passed Stimulus Bill which probably contains the most significant potential to impact an individual person or couple, is the $8,000 Federal Tax Credit available to First-time homebuyers. This Tax Credit is available to anyone who does not currently own a home or who has not owned a home during the last 3 years. The Credit is a direct reduction of a person’s Tax liability and can even result in a Tax Refund if your Tax liability for the year is less than the amount of the Credit.