Dear homeowner, property owner, buyer or renter:
Are you looking to make changes in 2011? Might these changes be in Sedona, or the Phoenix Metropolitan area? Do you have a home or land you want to sell in Arizona? Or, do you want to Buy or Rent in Arizona?
I have been an Arizona Real Estate Salesperson/Broker for over 25 years. I am interested in helping you with any real estate needs in Sedona or Metropolitan Phoenix. I have a real understanding and love real estate. Also, I was a general contractor, and Buyer and Seller of real estate for many of those years.
Sellers. All Sellers who choose T. L. C. Realty,dba will be represented in both the Sedona and Phoenix markets. Exposure is all important. I can coordinate all home repairs before placing the home on the market. During showings I make sure customers are respectful of your property. I find buyers for over 50% of my own listings.
Buyers. You have great opportunities, for a primary residence or future investment. In 2010, many Buyers purchased for future retirement knowing the values are at all time lows and the interest rates are fantastic. Investors are purchasing with the intention to rent out their new pruchase, or to hold it for future resale. I can coordinate all home inspection and home repairs.
Renters. I am aware of rental homes available in Sedona. Buyers are purchasing properties for their retirement that is several years away. They are looking for renters. These homes offer a great lifestyle until you decide to buy.
Open House Events. I like "open house" events for direct Buyer and Renter contact. I sell 50% of my own listings. The Buyer gets a deal and the Seller gets their property sold. I diligently work to make transactions a pleasant experience for all parties involved. I want Sellers, Buyers and Renters to enjoy real estate and its process.
Interest Rates. Interest rates are still low. Third quarter 2010, offered thirty year loans as low as 3%. Today interest rates are still at 4.75% - 5%. I have several great bank and mortgage sources to help Buyers get pre-approved. Buyers needing a loan on traditional property for sale, can close within 40 days. The short sale and foreclosure properties take longer to close.
Sedona In 2010. Sedona values dropped 12.5% last year and 30% over the last few years. In forth quarter, some newer homes sold for $10.00 a square foot more than in 2009. Many homes under $550,000 had bidding wars. The higher end customer is buying again. The average home inventory dropped to 304 homes versus 494 in 2008. Distressed home (bank and short sales) sales represented 25% of the market versus 35% in 2009.
Metropolitan Phoenix in 2010. Phoenix and its suburbs are in Maricopa County. Maricopa County sold 5% less homes in 2010 than 2009, but the average sales price increased by 4.6%. Below is the real estate home activity for the Northern suburb cities of Phoenix. Active home inventory decreased especially in Paradise Valley and Scottsdale. All the cities that decreased in average sales price, also had more sales than in 2009.
ACTIVE QTY. SOLD AVERAGE SALES PRICE
2009 2010 % 2009 2010 % 2009 2010 %
Sedona 361 304 -15 345 413 +20 498,000 435,900 -12.5
Maricopa Cty. 145022 135886 -06 69927 65971 -05 184,336 192,881 +04.6
Paradise V. 1339 1194 -10 242 327 +35 1,713,130 1,458,300 -14.8
Scottsdale 12304 11228 -08 3776 4320 +14 542,758 525,766 -03.1
Glendale 8484 8290 -02 4646 4233 -08 129,491 133,111 +02.7
Peoria 6367 6509 +02 3086 3237 +04 188,835 177,924 -05.8
Sun City 1888 1977 +04 798 973 +21 141,317 127,452 -09.8
Sun City W. 1694 1690 00 702 750 +06 201,680 194,166 -03.7
I look forward to working with all interested in Sedona and Metropolitan Phoenix Arizona real estate. Arizona has moderate weather, low property taxes, amenities and a great lifestyle. Call me today, at (928) 821-0506 or email
tlcrealtysedona@msn.com.
Cordially,
Carlena K. Grimmett
Broker/Vice President
T. L. C. Realty,dba
This letter is not intended for those already represented by an Arizona Realtor.
T. L. C. Realty,dba.