Ryan 3rd Qtr Proof

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Bill Ryan\'s 3rd Quarter 2012 Newsletter

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Ryan 3rd Qtr Proof

  1. 1. 3rd Quarter 2012 Market Summary for the Beginning of August Although supply remains low by normal standards, it has been creeping upwards since early June, while sales volume has been in decline. The significant fall in sales volume is partly due to restricted supply, but the third quarter is always a weaker time of year for ordinary home buyers. The market is certainly less frenetic than it was in the spring and the Cromford Market Index is gradually falling from its peak of 181.7 reached on April 22. Let us look at the basic numbers for August 1, 2012 relative to August 1, 2011. For all areas & types across ARMLS we record the following:  Active Listings (excluding AWC): 13,403 versus 20,196 last year - down 34%  Active Listings (including AWC): 20,085 versus 27,787 last year - down 28%  Pending Listings: 10,412 versus 11,491 last year - down 9%  Monthly Sales: 7,112 versus 8,663 last year - down 18%  Monthly Average Sales Price per Sq. Ft.: $98.54 versus $79.86 last year - up 23%  Monthly Median Sales Price: $145,000 versus $109,000 last year - up 33% Greater Phoenix REO sales dropped below 14% of the monthly total this morning, the first time this has occurred since January 4, 2008. At their peak on February 11, 2009, they constituted 71.1% of monthly sales. Although it will take some time for them to disappear completely, REOs are no longer a major factor in the market. Contrary to to the popular myth, there are not a lot of foreclosed homes in lenders posses- sion, so we dont expect this REO supply to increase. (Continued on page 2) Pictured: Bill Ryan, Kerri Wade, Jess Bays, Missy Spoon, Michelle Carey, Alita Kalgaard, Lisa Whyte, Cory Whyte, Mitch Tabor, Cathy Carter. To contact The Ryan Team, fax, mail, E-Mail or call us at: RE/MAX Infinity 2450 S. Arizona Ave. Suite 1, Chandler, AZ 85286 (480) 726-7000 Each office independantly owned & operated E-Mail: billryanteam@yahoo.com
  2. 2. Recent Closed Sales – July 2012 (from MLS) Infor- Market Summary for the Beginning of Augustmation deemed accurate but not guaranteed. For up-to-datesales information, please contact Bill Ryan at 480-726-7000 or (Continued from page 1)694-7733. NO OBLIGATION! In contrast, short sales comprised 31.4% of allSUBDIVISION ADDRESS BED BATH SQ FT PRICE sales in Greater Phoenix in July. This is even higher than the 29.3% we now measure forAlamosa Estates 1017 E Tonto Dr 5 4 4139 405000 June 2012. With short sales selling for a lower average price per sq. ft. than REOs, this has aAlma School Place 495 W Longhorn Dr 4 2 2400 315000 negative effect on average pricing over the last 393 W Remington Dr 7 4 5275 471000 2 months.Arizona Impressions 2282 E Spruce Dr 4 2.5 2374 153000 Normal sales have fallen from 56% to 54.6% ofArden Park 2479 S Dakota Pl 4 3 3040 430000 sales and their pricing is down from $116.82 toBrittany Heights 2435 W Weatherby Way 4 3 3291 367000 $115.62 per sq. ft.Canyon Oaks Estates 1547 S Tower Pl 4 2 2171 275000 The changing supply situation varies greatly byCarino Estates 135 W Oriole Way 4 3.5 2967 356000 location. Cities with significant rises in single family active listings (excluding AWC) include 853 W Raven Dr 3 3 1985 237000 El Mirage (up 194% since June 1, 2012), Ari- 2871 S Illinois Pl 3 2 2823 357000 zona City (up 49%), Queen Creek (up 47%), Maricopa (up 43%), Anthem (up 38%), Avon- 2680 S Holguin Way 3 2 1860 202000 dale (up 32%), Casa Grande (up 31%), Flor-Catalina Shores at Ocotillo 1759 W Tonto Dr 5 3.5 4362 662000 ence (up 27%), Buckeye (up 25%), Tempe (up 25%), Mesa (up 25%), Glendale (up 23%), 4451 S Ambrosia Dr 4 2.5 2967 499900 Goodyear (up 20%), Gilbert (up 19%) andChandler Heights Estates 1225 E San Carlos Way 4 3 2999 245000 Phoenix. However further falls in supply oc- curred in Gold Canyon (down 22%), Tolleson 1411 E Crescent Way 4 2 2791 269000 (down 19%), Sun City (down 19%), Sun LakesClemente Ranch 2425 S Pecan Dr 5 3 3057 345000 (down 13%), Sun City West (down 11%), Laveen (down 9%), Fountain Hills (down 9%), 1182 W Pelican Ct 4 2.75 1846 208000 Paradise Valley (down 8%), Scottsdale (down 1343 W Oriole Way 5 2.5 2716 330000 7%), Cave Creek (down 5%), and Apache Junction (down 3%). 1693 W Sparrow Dr 3 2 1539 163333 2201 S Karen Dr 5 3 1846 225000 It is striking how accurately the average price 1896 W Lark Dr 4 3 3057 269000 per sq. ft. for under contract listings has fore- told the monthly average sales price per sq. ft. 1613 W Sparrow Dr 4 3 2337 279000 The under contract average $/SF trend turned somewhat negative after April 27, while that for 1872 W Falcon Dr 4 2 1833 239000 monthly sales $/SF followed suit on June 16. 2974 S Santa Anna Ct 4 2 2242 278000Cooper Commons 2811 E La Costa Dr 4 2 2171 205000 Clearly we need to be watching the average $/ SF for under contract listings to look for signs 2347 E Hazeltine Way 4 2.5 2370 184000 of the next big move in pricing. 2065 E Indian Wells Dr 3 2 1701 170000 2420 E Augusta Ave 5 3 2450 226000 2102 E La Costa Dr 4 2 2010 188000 So what’s your home worth? Give us a call and we will be happy to email you current 6144 S Teresa Dr 4 3 3114 283000 values in your neighborhood or deliver a 2322 E Torrey Pines Pl 4 3 2350 178000 complete market analysis to you. We are available 7 days a week at 480-726-7000 or 2288 E Gleneagle Dr 3 2 1162 107000 by email at billryanteam@yahoo.com. And 2401 E County Down Dr 5 2 2650 200500 don’t forget all of the great information avail- 2850 E La Costa Dr 3 2 2171 190000 able on our website! www.billryanrealtor.com 2441 E Augusta Ave 3 2 1860 200000 ProudCooper Corners West 1643 E Zion Way 6 3.5 4019 337000 Papa BillEstates at Ocotillo 3643 S Agave Way 3 2 2763 300000 withFox Crossing 747 W Locust Dr 5 3 2664 305000 grand- 483 W Myrtle Dr 4 2.5 3008 346000 son 657 W Myrtle Dr 4 3 2684 32400 Will. 744 W Indigo Dr 3 2 1795 212000
  3. 3. SUBDIVISION ADDRESS BED BATH SQ FT PRICE Darwin AwardHarbour Club at Ocotillo Lakes 3195 S Cascade Pl 4 3 2645 305000 WinnersKerby Estates 786 E Blue Ridge Way 4 2.5 2985 299000Lagos Vistoso 674 E Las Colinas Pl 5 3 2019 234000  When his 38 caliber revolver failed to 745 E Bellerive Pl 5 5 4097 420000 fire at his intended victim during a hold-up in Long Beach , California 629 E Indian Wells Pl 3 2 2458 192000 would-be robber James Elliot didLantana Ranch 3773 S Hudson Pl 3 2 2345 260000 something that can only inspire won- 1411 E Indigo Pl 3 2 1999 196570 der. He peered down the barrel and 1405 E Aloe Dr 5 3 2512 291000 tried the trigger again. This time it 1333 E Jade Dr 5 2.5 2890 300000 worked.Mesquite Grove Estates 5480 S Dragoon Dr 5 3.5 3561 405000  An American teenager was in the hos-Montefino Village 1910 W Periwinkle Way 2 2 1311 173000 pital recovering from serious head wounds received from an oncomingMonterey Bay at Ocotillo 3870 S Columbine Dr 5 3.5 3238 340000 train. When asked how he receivedOakwood Lakes 913 W Nolan Way 3 3 2666 405000 the injuries, the lad told police that he was simply trying to see how close he 871 W Cherrywood Dr 4 2 2085 282500 could get his head to a moving train 750 W Cherrywood Dr 4 2 2417 265000 before he was hit. 724 W Beechnut Dr 4 2 2121 359900  Seems an Arkansas guy wanted 841 W Cherrywood Dr 4 3 2806 270000 some beer pretty badly.. He decided that hed just throw a cinder block 811 W Cherrywood Dr 3 2 1520 200000 through a liquor store window, grabOcotillo 3102 S Pennington Dr 5 2.5 3118 340000 some booze, and run. So he lifted the cinder block and heaved it over his 2246 W Periwinkle Way 4 2 1961 208962 head at the window. The cinder blockPaseo Crossing 5752 S Crossbow Pl 4 3.5 3610 379000 bounced back and hit the would-be thief on the head, knocking him un- 724 E Gemini Pl 4 3 2932 315000 conscious. The liquor store windowPecos Aldea 2288 E Flintlock Pl 3 2 1118 150000 was made of Plexiglas. The whole event was caught on videotape. 2368 E Flintlock Pl 4 2 1627 180000Pecos Ranch 1381 S Yucca Pl 3 2 1283 172000  The Ann Arbor News crime column reported that a man walked into a Bur-Pecos Ranch Estates 2313 W Enfield Way 6 4 4546 390000 ger King in Ypsilanti , Michigan at 5 1543 S Tamarisk Dr 4 3 3001 410000 A.M., flashed a gun, and demanded cash. The clerk turned him down be-Riggs Country Estates 1931 E Sagittarius Pl 4 4.5 4046 412000 cause he said he couldnt open theRiggs Ranch Meadows 2783 E Nolan Pl 5 3 4038 565000 cash register without a food or- der. When the man ordered onionRockwood Estates 897 E Cedar Dr 5 4 3125 355000 rings, the clerk said they werent avail-San Martin at the Vineyards 1760 S Yucca St 3 2 1706 175000 able for breakfast... The man, frus- trated, walked away. [A 5-STAR STU-Silverton Ranch 1872 W Springfield Way 3 2 1399 162500 PIDITY AWARD WINNER] 1631 W Springfield Way 4 2 2162 265000  When a man attempted to siphon 1831 W Winchester Way 4 2.5 2039 180000 gasoline from a motor home parkedSolera, Springfield Lakes 3028 E Hazeltine Way 2 2 1680 227500 on a Seattle street by sucking on a hose, he got much more than he bar- 3440 E Firestone Dr 2 2 1680 200000 gained for. Police arrived at the sceneSpringfield 1491 E County Down Dr 2 2 1602 215000 to find a very sick man curled up next 6330 S Senate St 2 2 1272 180000 to a motor home near spilled sew- age. A police spokesman said that 1362 E Torrey Pines Ln 2 2 1142 155900 the man admitted to trying to steal 1401 E Bellerive Dr 2 2 1100 152500 gasoline, but he plugged his siphon hose into the motor homes sewage 1392 E Waterview Pl 2 2 1170 145000 tank by mistake. The owner of the ve- 1473 E Indian Wells Dr 2 2 1101 152500 hicle declined to press charges say- ing that it was the best laugh hed 6631 S Callaway Dr 3 3 2407 245000 ever had.
  4. 4. 1045 N Saguaro St $205,000 MLS #4797991 981 W Desert Broom Ct $225,000 #4792352 1248 N Bernard St $249,900 MLS #4776110Andersen Springs home with 3 bedrooms, 2.5 Great room plan, carpet and tile, vaulted Meticulously cared for home. 3 bedrooms, 2baths, 2 car garage, pool, and 1786 square ceilings, Corian counters, built-in entertain- baths, 2013 sf, split 3 car garage. RV gate, lowfeet. Fireplace, open floor plan, Classy Clos- ment unit, cul-de-sac corner lot. 3 bedrooms, maintenance landscaping, neutral oversized tileets, balcony and close to everything! 2 baths, 1657 sf, 2 car garage. throughout, great room plan.785 W Beechnut Dr $299,000 MLS #4789539 3447 W Blue Ridge Wy $350,000 #4775034 2703 S Rincon Dr $379,000 MLS #47702664 bedroom 2 bath home with 2226 square feet, 3036 sf with 4 bedrooms and 3 bathrooms, HUGE home with 3469 sf, 5 bedrooms, 3.53 car tandem garage. Oakwood Lakes, light plus a pool and 4 car garage! Diagonal tile, baths, bonus room and loft. Granite counters,and open, new interior paint, sky lights and bay granite counters, bedroom and full bath gas range, island in kitchen. Diving pool, BBQ,windows. Immaculately maintained home. downstairs. Built in BBQ stand, RV gate. extended patio, garage cabinets.3820 E Kingbird Pl $379,900 MLS #4797343 2132 W Spruce Dr $429,000 MLS #4784872 2658 E Virgo Pl $599,000 MLS #4775883Pristine Chandler home with 5 bedrooms, 4 5 bedrooms, den and 3 full baths. 3438 sf, 3 Circle G at Riggs Homestead Ranch. 37,479baths, 3430 sf, salt water pool and private car split garage with 4’ extension. Salt water sf lot, 3257 sf home. Formal living room andback yard. Stainless steel appliances, granite self cleaning pool, huge family room, formal dining room plus a family room with hugecounters, custom 2-tone paint, central vac- living and dining, open kitchen with hickory windows that overlook a masterfully designeduum, water softener, RO system, surround cabinets and Corian counters plus upgraded back yard complete with pool, spa, maturesound and more. appliances and a pantry too! Huge lot. desert landscaping and a horseshoe pit! Automatic MLS Notification Of Activity In Your Subdivision! If you would like to receive the details each time a home in your subdivision goes on the market or sells, we’ll be happy to set up a free email notification for you! No cost! No obligation! Just free info! Email the following information to billryanteam@yahoo.com The following information is required: Your name, address, phone number and email address. Please put “Auto MLS Notification Request” in the subject line.
  5. 5. Call Bill today for an up-to-date 2333 S Eileen Pl $1,050,000 MLS #4780743 Ryan Estates mansion with 4 bedrooms, 4.5 baths, 5160 sf on a 23,504 sf lot. This spectacular evaluation of your home and the home was built by one of the top custom home builders in the Southeast Valley as his personal local market! residence, so you know it’s got it all! Stone and wood floors, wood beam ceilings, custom steam room off the ramada, pool, spa, fireplaces, top of the line kitchen, and the list goes on! (480) 726-7000 Meet The Ryan Team at RE/MAX Infinity! Support StaffBill Ryan Kerri Wade Missy Spoon Neica Adkins Lila Shell Michelle Carey Sales TeamMitch Tabor Lisa Whyte Cory Whyte Alita Kalgaard Cathy Carter Jess Bays If you think an expert is expensive, wait until you’ hire an amateur.What Sellers Need To Focus OnIf youre thinking of selling your home, its good to know what todays buyers are looking for in a home they want to buy. Remember,these are national trends. See us for details about trends specific to our local area.HOT NOTStainless WhiteGranite LaminateHardwood floors Wall-to-wall carpetChrome, brushed nickel or oil rubbed bronze fixtures Brass, goldEarth tones contrasted with bright colors Pastels, bright everywhereEco-friendly Conspicuous consumptionOpen spaces Divided, separated roomsNo matter what the style or condition of your home, there is a buyer for it. Contact us to discuss what updates make the most sensefor our market.
  6. 6. SUBDIVISION ADDRESS BED BATH SQ FT PRICE What Home Buyers Should AskSpringfield Lakes 6460 S Granite Dr 2 2 1158 152000 NowSun Groves 4181 E Winged Foot Pl 5 3.5 2732 183000 4737 E Firestone Dr 5 3.5 3709 314000 1. Is our rent equal to a loan payment? If you 4873 E Firestone Dr 5 4 3753 305000 can afford to buy, owning a home can give 4983 E Cherry Hills Dr 4 2.5 2192 193000 you one bonus that renting cannot -- lucrative tax breaks: 6741 S Pearl Dr 5 3.5 3207 299000 4087 E County Down Dr 4 2.5 3432 240000 • Deductions for payments of mortgage 6727 S Garnet Way 4 3.5 2851 237000 interest, loan discount points and real es- 6904 S Opal Dr 4 2.5 2854 289000 tate taxes. 4987 E Westchester Dr 5 3 2851 245000 • Home-office deductions for qualified 6070 S Agate Pl 4 2.5 2192 199900 owners. 4545 E Runaway Bay Dr 4 2 2134 189900 4168 E Peach Tree Dr 3 2 2396 202000 • Deductions for expenses if you rent out 4985 E Indian Wells Dr 5 3 2506 255000 your property. 4138 E Peach Tree Dr 4 2.5 3432 239000 • Home-sale capital-gains exclusion -- 6921 S Pearl Dr 4 2 2232 188000 profits up to $500,000 tax-free! 6950 S Turquoise Pl 4 2 2082 165000Sun River 6994 S Scott Dr 4 3 2955 282000 2. Are prices in our preferred area steady? 2702 E Palm Beach Dr 4 3 3409 305000 Talk to us to find out the local details. There 2956 E Hazeltine Way 3 2 1837 225000 are neighborhoods where prices have stabi- lized and others where values have in- 2933 E Winged Foot Dr 4 2 2391 279990 creased recently. 2571 E Palm Beach Dr 4 2 2421 270000Tierra Linda 2155 E Champagne Pl 5 3.5 4156 700000 3. Will our equity go further where homesTristan 1851 W Wildhorse Dr 4 2.5 2043 199000 cost less? By moving to a place where 1844 W Remington Dr 3 2 1288 171500 homes are less expensive -- and general living costs are lower -- your money will go a lot further a lot longer. 4. Will we live in this home for several years? Financial planners often advise buyers to think of real estate as you would any other large investment: The longer you hold your home before selling, the higher the probabil- ity youll ride out any downturn and come out ahead on price when you decide to sell. 5. Is this the perfect home for us? The schools are fantastic. The proximity to your office, gym, favorite stores cant be beat. You love the area and the home, and you wont Must be a generation thing... find another one like it. In a sellers market, youll have competition for that home, and youll need to act fast to buy it. Want more info on our listings? Check us out on the web! We have dozens of photos, virtual tours, printable flyers, and more on our properties. Or you can search the MLS through our website, get mortgage payment information, market stats, school reports and much more. www.BillRyanRealtor.comThis publication is for entertainment purposes only. All information is believed to be correct but is not guaranteed. This newsletter is not intended as a solicitation if yourhome is listed by another broker.
  7. 7. Corporate Organizational ChartThings heard in 1955…Ill tell you one thing, if things keep going the way they are, its Did you see where some baseball player just signed a con-going to be impossible to buy a weeks groceries for $10.00. tract for $50,000 a year just to play ball? It wouldnt surprise me if someday theyll be making more than the President.Have you seen the new cars coming out next year? It wontbe long before $2,000.00 will only buy a used one. I never thought Id see the day all our kitchen appliances would be electric. Theyre even making electric typewritersDid you hear the post office is thinking about charging 7 cents now.just to mail a letter? Its too bad things are so tough nowadays. I see where a few If they raise the minimum wage to $1.00, nobody will be able married women are having to work to make ends meet.to hire outside help at the store. Im afraid the Volkswagen car is going to open the door to aWhen I first started driving, who would have thought gas whole lot of foreign business.would someday cost 25 cents a gallon. Guess wed be betteroff leaving the car in the garage. The fast food restaurant is convenient for a quick meal, but I seriously doubt they will ever catch on.I read the other day where some scientist thinks its possibleto put a man on the moon by the end of the century. They No one can afford to be sick anymore. At $15.00 a day in theeven have some fellows they call astronauts preparing for it hospital, its too rich for my blood.down in Texas. There is no sense going on short trips anymore for a week-If they think Ill pay 30 cents for a haircut, forget it. end. It costs nearly $2.00 a night to stay in a hotel.
  8. 8. Bill Ryan RE/MAX Infinity 2450 S Arizona Ave #1 Chandler AZ 85286 Phone 480-726-7000 Website: www.BillRyanRealtor.comWe would love to add your home to our publication!Call Bill today at 480-726-7000 and ask him about his“Aggressive Marketing Plan”! November 10th—Saturday The Ryan Team’s Annual Client Appreciation Party! Invitations will be mailed the middle of October, so be sure to watch for yours!Read, Act, RecycleWhen you’re done with our newsletter, pleasebe green and pass it on. We’d love for you toshare our timely real estate news and informa-tion with your friends and family. We appreci-ate your referrals and look forward to workingwith those you recommend to us! Thank youfor your continued trust in our professionalservice. The Ryan Team @ RE/MAX

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