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Phoenix Real Estate and Homes for Sale | Jonathan Dalton, Realty ONE Group - (602) 502-9693
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When You Have $50K Burning a Hole in Your Pocket …
... and you're looking to invest in the Phoenix real estate market, might I suggest not using it try and purchase a property in cash? I mention this because I received a pair of calls yesterday. One buyer's maximum price point was $25,000, the other's was $50,000. Consider this. The median sales price in the Phoenix real estate market is just over $180,000. Which means properties meeting even the $50,000 are roughly 72 percent below the median for the market. Disclaimer: the Fair … [Read More...]
New Home Community – Villages at Westridge Park
Yesterday I suggested new builds may be a less stressful way to go for FHA and VA buyers. Here's an example of what I'm talking about ... Villages at Westridge Park is a brand-new gated community located near Thomas Road and 75th Avenue. Floor plans range from 1,286 to 1,894 square feet and base prices run from about $138,000 to $154,000. That's somewhere in the $600 range for principal and interest depending on your interest rate; property taxes and insurance would be separate. And, again, … [Read More...]
FHA and VA Buyers – Think About New Builds
Here's the basic reality of purchasing a home with either a VA or FHA loan. It's bloody difficult in this market, especially under $175,000. Why? It's rather simple ... Multiple offers are the norm and, if someone else comes in with cash, an FHA or VA offer is DOA. FHA offers often have seller concessions to closing costs attached which, when placed side-by-side with a conventional loan, renders a FHA or VA loan DOA. VA loans come with additional costs to the seller. So, while these … [Read More...]
Reserve at Plaza del Rio by Maracay Homes
Maracay Homes is building new homes in Peoria, just west of Loop 101 in Plaza Del Rio. The Reserve at Plaza del Rio features six different floor plans with square footage ranging from 1,404 to 2,492 and both one- and two-story models. Prices start at $204,000 for the smaller models and go up from there; some incentives are available through Maracay if you use their designated lender. Actually, let Maracay tell you about more about the community: This vibrant neighborhood enclave provides … [Read More...]
