cash home sales

Is This the Best Time of Year for Real Estate in Phoenix?

Yes, end of article…  Okay, I’ll go further.  Today is February 1st, 2012 (2/1/12 for those fans of a certain Canadian trio), and it will be 75 degrees and sunny today.  And, contrary to popular belief, the Phoenix area real estate market is showing signs of a boom.  While the rest of the country is freezing we’re down here in our shorts and flip-flops buying real estate.  Now, you may be saying, “Patrick the national media says real estate is still in a slump”.  Do you really want to believe some talking head in a TV studio?  Or, do you want to listen to someone who has been practicing real estate in the Phoenix market for the last 14 years?  I will tell you this, if you’re not buying in the Phoenix real estate market RIGHT NOW, you may arrive at the party too late.

Let’s take a section of the market that’s popular with second home buyers and investors. Continue reading

Looking for a Beautiful Home in Chandler, AZ?

Look no further!  This is a truly shameless plug for a new listing, but this is my site so neener…  I guess since this is for a good client and friend I will sell out just this once.  But only just this once!  This home is absolutely gorgeous.  It’s just shy of 3000 square feet with 5 bedrooms 3.5 baths and a 3 car garage.  If you’re tired of looking at rehab homes and short sales, this house is for you!  Beautiful travertine flooring with inlays throughout, give the home that elegant touch.  Granite and stainless in the kitchen continue with the upscale feel.  Located on a corner lot in a beautiful community with easy access to the 202 freeway, you can’t go wrong.  Garage cabinets galore for plenty of storage, and a truly parklike backyard equipped with a sport court round out the package.  Click to view.

Housing Shortage in the Cards?

No… at least not yet.  But, if you look at a couple of different indicators it is quite possible within the next few years.  Let’s look at new home construction over the last few years since the boom (and subsequent bust).  Home builders must add 1.6 million to 1.7 million housing units each year to accommodate typical U.S. population increases and replace demolished homes.  During the boom years of 2003 to 2006, production far exceeded the historical average, with builders producing a cumulative surplus of 1.3 million units.  That overproduction remained hidden though, because investors flush with easy money were gobbling up property.  Once the easy money dried up and prices headed down, investors were forced to dump properties.  Today, there might be as many as 700,000 empty units above normal levels.  Still, the great underproduction in the past three years is an issue that will need to be reconciled, Continue reading

Buying Winter homes in Arizona for Canadian's

Artisan Real Estate Group
3239 West Lone Cactus Dr
Phoenix, AZ 85027
(602) 463-0642

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