2 More Houses Closed Today Thanks To The Cameron Team!!!

The Cameron Team closed two more houses today! We were the listing agents for Meadow and the buyers agents for Kathleen!! WOW What a crazy week its been dealing with all these escrows. These two great homes were also the rare regular listed homes and therefore we did not have to wait for the bank to approve the price! The Happy Home Owners are moving in as we speak!

Meadow~NOT A BANK OWNED HOME OR SHORT SALE. SAVE TIME AND MONEY WITH THIS HOME. No Hassle with the Bank, No waiting for approval, No needed Repairs. Home is in GREAT condition, well maintained, and completely turn-key. This 3 bedroom + loft can easily be converted to a 4 bedroom home. Backyard offers beautiful yard with pebbletech play pool, stucco and painted walls, covered patio and colorful flowering. Inside you will find faux wood floors, gas fireplace, wood blinds, custom painting and decorative lighting. The kitchen offers raised panel cabinets, microwave and gas cooking. Home is convenient to 101 & 51 Freeways plus Desert Ridge, PV Mall, Kierland and a quick jump to downtown.


Kathleen~ North Ranch! Well maintained single level home situated on nearly 1/3 acre corner lot w/desert landscaping. N/S exposure. Vaulted ceilings in liv./din. room, fam. room, kitchen & master bdrm. French doors from eat-in kitchen to cov'd patio & lovely south facing backyard w/pool. 4bdrms 2 baths w/master split. Spacious master bdrm. w/walk-in closet & arcadia doors to pool. Master bath features his & her sinks, glass block & garden tub. Light/bright kitchen w/skylight and walk-in pantry. Kitchen opens onto family room w/wood burning fireplace. Water softener & R/O system. Add'l storage in 3 car garage. A great home in a great location. Near Kierland Commons, Scottsdale 101, Desert Ridge, Fashion Square, restaurants, movies, groceries, golf & much more.

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Great Home in McDowell Mountain Ranch Just Reduced in Price AND Approved by Countrywide!

GET OFFER IN ASAP!!!! ***3/30 Approved with Countrywide Mortgage at 565,000. GET OFFER IN ASAP!!*** This Home is located in Sienna Canyon @ McDowell Mountain Ranch, known for large lots with a view. This home is located on a cul-de-sac street and backs to preserve, offering mountain & city light views. Enjoy the resort like backyard with fenced & heated pebbletech pool & spa, built in BBQ, grassy play area and huge covered patio. Inside find soaring vaulted ceilings and a gourmet kitchen with granite counters, cherry cabinets built in fridge, gas cook top, double ovens & huge island over looking family room with gas fireplace. Master plus den & 2 full baths down, upstairs find 3 more beds, bonus/play room, large loft, deck over looking valley. Your client will love this home, lot, yard & community.

SURGING HOME SALES IN METRO PHOENIX, FEB NUMBERS ARE OUT

SURGING HOME SALES IN METRO PHOENIX, FEB NUMBERS ARE OUT

Here we are the first of March. The market is on FIRE. That does not mean prices are firming or going up, but bottoms are on the horizon in many areas. The last couple of weeks have seen the banks ease lending requirements: FNMAE increases investor loan limits from 4 to 10; FHA increases loan limit from $246K to $346K; FNMAE stopping lenders from negotiating Realtor commissions below 6% on Short Sales.

These actions are just taking place and have not affected the market yet. However, weekly home sales for past couple of weeks are at 4 year highs. Homes under contract, the Pending homes, reached over 10,000 last week for the first time in 4 years. Only 6 weeks in 2006 through 2008 recorded levels over 8,000 homes Pending.

January had the second highest level of home sales recorded for the month, second only to 2005; even after being adjusted down. Now the numbers are out for February. Preliminary numbers show 4,817 single family homes closing in February, 2009. See the Chart below. You can click on the chart to make it larger. Last months single family home sales were the 3rd highest ever recorded, 3rd to February 2004 and February 2005.

If you are looking for a sign to enter this market, it won't get any clearer than this!