Sherri Schwartz
HOMESMART
3131 E. Camelback Rd
Phoenix, AZ 85016
Office: 602 390-0083
Fax: 866 277-1792
sherri503@gmail.com
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Welcome to FindAZRealEstate.com !
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Home buyers like to search for home on the web for themselves before even talking to a Realtor and I know buyers don't want to register right away on an agents website. So I connected this website to the Arizona Multiple Listing Service better known as FLEXMLS. Just click on the links above & you can search the MLS just like a Realtor with having to register any information. If you find a home or two you like I hope will call and we can run by and see it!
Gorgeous 1996 Squaw Peak Home Offered at $495,000
OPEN SUNDAY, APRIL 21st 1 PM to 4 PM
Built in 1996 by the top builder of Phoenix, Classic Stellar offering excellent energy efficiency . Only 2 blocks from the Squaw/Piestewa Trailhead. Unique details; Crema Marifial Marble tile floors with pebble inlay with concrete flooring in living room. Art niches, columns, accent walls, designer glass doors with design inlay matching floor. Gourmet kitchen overlooking breakfast room & great room. Kitchen boasts granite counter tops, black appliances, upgraded cabinets, large island with breakfast bar, built in refrigerator, spacious pantry. Arched media center in great room with upgraded wood floors. Elegant Master suite with sitting area, ceiling fan, plant shelf. Master bath is like having your own spa. His and her vanities, walk in shower & soaking tub under glass block window. Spacious covered patio, mature trees, xeriscape grounds to provide more space to enjoy the mountain views ...
Only12 minutes to the Airport and Downtown. It's a Commuter's Dream !
More Real Estate Trends to Look For:
Market News from the National Assoc. of Realtors
The National Association of Realtors (NAR) offered market projections into 2014. NAR chief economist Lawrence Yun says he expects the market share of distressed sales to fall from about 25 percent in 2012 to 8 percent in 2014, according to a release on the forum.
Mark Vitner,senior economist at Wells Fargo, compared distressed homes to an after-Christmas sale stating, “most of the best stuff has been picked over, but make no mistake they’ll be with us for a while.”
The housing recovery was expected to continue as long as credit does not further tighten.
The rise in home prices should also stay. Yun predicted a 6 percent rise in the median existing-home price in 2012, with another 5.1 percent increase next year and comparable gains in 2014. Existing-home sales were projected to move higher year-after-year: a 9 percent increase this year to 4.64 million, 5.05 million in 2013, and 5.3 million in 2014.
Mortgage interest rates were expected to eventually increase to an average of 4 percent next year, and inflationary pressure should cause rates to go up to 4.6 percent in 2014, the NAR said in the release.
Yun projected a higher Gross Domestic Product (GDP) in the coming years, with GDP expected to be 2.1 percent this year and rise to 2.5 percent in 2013. The unemployment rate should also fall to about 7.6 percent in 2013.
"I think they underestimated the changed in distressed properties at least for Phoenix. Our ratios are lower - Short Sales & Foreclosures are less than 20% of the inventory !" -Sherri
| Mortgage Rates |
National |
Average
Rate* |
| 30-Year Fixed |
3.98% |
| 15-Year Fixed |
3.09% |
| 5/1 ARM |
2.85% |
| * Conforming FNMA Loan Amount. Rates may include points.
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Information updated: 6/18/2013
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