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Phoenix Real Estate and Homes for Sale | Jonathan Dalton, Realty ONE Group – (602) 502-9693

Jonathan Dalton
ePro, SFR

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Just Give Me the Lockbox Code …

.,. because I’m not calling you because I need or want a REALTOR, I just want to look at the house. This always has been one of my favorite phone calls. Leave me a message asking for a lockbox code and there is a 50-50 chance you’ll never hear back from me, depending on whether I’m in the mood to have to explain how ridiculous the request is. Let’s set aside the fact that you’re calling me because you need the absolute basic of my services even though you have no interest in anything other services – you know, the […]

Summer Fun: Fishing for Home Buyers in Phoenix Real Estate

We’re one week deep into summer vacation and the inevitable refrain “Dad, I’m bored” is starting to rear its ugly head. How I managed to survive with a mere Atari 2600, pre-basic cable and (horror of horrors) books when my children can’t make things work with an XBOX 360, PS2, Wii, full satellite, DVDs, beagles and … yes, even now (until I get my Kindle) books … is beyond me. (There’s part of me that really wants a Kindle because it looks cool. There’s another part of me that doesn’t much like the idea of reading a book without holding […]

When Your House Doesn’t Want You to Move

Houses can be tempermental beings in the best of times; repairs always seem necessary at the exact moment when you’re between paychecks and otherwise have to shuffle and juggle to make them. Never is this more true than when you’re selling your house. Sometimes it just doesn’t want to see it go and it will do all it can to make your life miserable before you’re out the door. Unlike repairs while you’re living in the house and not selling, repairs when your home is in escrow can’t be avoided and can’t be ignored. Unless amended, the Arizona Association of […]

Hold The Presses: A Short Sale Answer from Bank of America

We talked last month about how Bank of America’s new partnership with Equator was supposed to speed the short sale process, at least for loans that aren’t government backed. Apparently, it’s working. On May 3, I submitted an offer to Bank of America via Equator for one of my short sale listings. Five days later there was an appraiser at the front door to check the value, an absolutely unheard of turnaround time. This morning we received a response; it’s a counter offer so there’s still work to be done, but still … in the span of 22 days we […]

What You See May Not Be What You Get

Contrary to the mob’s belief that the end of the homebuyer tax credit would mean the end of the Phoenix real estate market, sales remain fairly brisk particularly at the lower price points. And this poses a bit of a problem for out-of-town buyers looking for homes under $150,000 and bank-owned homes in particular – what you see online today very well may be sold before you arrive to take a look in person. So what is someone to do in this situation? Here are some ideas … 1) Be nimble. If you’re looking to purchase somewhere down the line […]

The Dangers of Not Trusting the Realities of the Numbers

Until Monday, I had been staring at the same set of numbers with a dubious eye. The figures on the screen were telling me one thing, but my intuition kept telling me something different. It’s not unlike the feeling sellers and buyers have when they’re staring at the comps, the hard evidence in front of them, and still quibbling over the relative value of a property. In my case, though, it wasn’t the comps that had me confounded. It was the pulse rate reading on the blood pressure cuff I keep on the desk in my home office (three kids, […]

Comps in Phoenix Real Estate

As the saying goes, there are lies, damn lies and statistics. Comps – the comparable sales for a property in a given area – are a member of the third group and easily can fall into the first two depending on the purpose for which they’re being used. When working with a buyer or seller, my purpose with the comps is to establish a baseline that I then can use to determine what a buyer ought reasonably offer, what the property may be worth and at what price a seller should list a home – keep in mind, those are […]

Why Do I Need a Local Lender?

The short answer – money. Not yours, not mine, but theirs. If a lender isn’t licensed in the state of Arizona, he or she isn’t going to be able to get paid for a loan completed in this state. This may not mean a whole lot to you but for lenders who presumably need the income to, you know, pay their own mortgage and bills, not getting paid may be problematic. So if you’re using a large national bank – Chase, Wells Fargo or (in dire circumstances) Bank of America – you shouldn’t have any problems other than the usual […]

Disconnections, Roller Coasters and the Hang Seng

Once upon a time, there was something called the Asian contagion or the Hang Seng fever. This was back in the late 1990s when I was a stockbroker at Schwab. The Hang Seng index in Hong Kong tumbled, the Dow Jones Industrial Average followed … trading was halted as the so-called circuit breakers all kicked in to prevent a market meltdown which, in retrospect, wasn’t really the solution as the market simply needed time to adjust itself. I had the day off when the Hang Seng came apart, it might have been for Rosh Hashanah but it’s hard to recall. […]

One of the RE.Net’s Originals’ Latest Battle

Once upon a time, the real estate blogging world was a very different place. Long before NAR essentially said that everyone needed to have a real estate blog, long before their were experts telling you what you should and shouldn’t write about, what keyword strategy to have, how to integrate blogging into your so-called social media strategy, there were a handful of pioneers – a far more appropriate term than “early adopter” – the folks who were blazing trails in areas not before known to exist. Only in those days could a real estate blogger and his partner post a […]

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