Kelly McLain | Orange Tree Life | July 2023 Digital Newsletter

EVENT CALENDAR

JULY | AUGUST 2023

Let's Glow Crazy Cocktail Crawl

Chandler | July 21 & 22 visitarizona.com

Get your glow on after sunset at Dr. A.J. Chandler Park where you'll be covered in neon from head-to-toe, with bandanas and other neon swag. Complete the mini neon obstacle course and enjoy food and drink specials at participating restaurants for this reverse happy hour event!

Bird Walks @ The Arb!

The Arboretum at Flagstaff | July 22 visitarizona.com

Join Dr. Celia Holm for an enchanting morning walk through the Arboretum and Flagstaff Gardens! Experience the beauty of nature as you explore these stunning botanical wonders. With over 130 different species sighted here, this journey promises an array of captivating flora to feast your eyes upon. Whether you are a nature enthusiast or simply seeking a refreshing start to your day, this guided walk is the perfect way to immerse yourself in the splendor of the Arboretum and Flagstaff Gardens.

Jurassic World Live Tour

Footprint Center | July 28

jurassicworldlivetour.com

Prepare for an exhilarating adventure as you embark on a journey to Isla Nublar, where Jurassic World comes to life! Brace yourself as the Indominus Rex makes a daring escape, setting the stage for an epic quest. Join forces with a team of brilliant scientists as you unite your strengths to rescue Jeanie, a remarkable Troodon dinosaur. The fate of these extraordinary creatures rests in your hands as you navigate through the untamed wilderness of Isla Nublar. Get ready to unleash your inner explorer and experience the thrill of a lifetime in this actionpacked expedition!

Hot Wheels Monster Trucks Live Glow Party

Glendale| August 19 & 20

hotwheelsmonstertruckslive.com

Coming to Glendale’s Desert Diamond Arena for the first time ever, Hot Wheels Monster Trucks Live Glow Party is sure to be an exciting spectacle for all ages! Hot Wheels favorites Mega WrexTM, Tiger SharkTM, BigfootTM, and many others will light up the floor with outrageous competitions and battles! The show also features high-flying Freestyle Motocross stunts and a special appearance by MEGASAURUS, the fire-breathing transforming robot!

Flagstaff International Film Festival

Flagstaff | August 26 & 27

flagstaffinternationalfilmfestival.com

Enjoy the 1st annual Flagstaff International Film Festival (FIFF), this August. The FIFF was created to provide opportunities for artists to connect with the community of Flagstaff. The festival will highlight outstanding work from filmmakers both local and from around the world.

POOLSIDE PARADISE

Transform your ordinary swimming pool into a captivating oasis that enhances both enjoyment and aesthetics. With a few well-planned upgrades, you can take your pool experience to the next level and create a backyard paradise that leaves a lasting impression.

First, consider extending your swim season by installing a pool heater. This investment allows you to enjoy your pool for a longer period, even during cooler months or evenings when the water temperature tends to drop. With a heated pool, you can indulge in a refreshing swim regardless of the weather, making your pool a true year-round retreat.

Second, upgrading your pool lighting system can completely transform its ambiance. Opt for energy-efficient LED lights that offer a wide range of colors and effects. From soothing underwater illuminations to vibrant light displays, the right lighting can create a mesmerizing atmosphere that complements your personal style and sets the mood for relaxation or entertainment.

To add an element of tranquility and elegance, consider incorporating water features into your pool design. Whether it's a cascading waterfall, a gentle fountain, or playful bubblers, these water features create a serene environment that enhances the overall aesthetics of your pool. The soothing sounds of flowing water will provide a sense of calm and relaxation, turning your backyard into a place of true tranquility.

In addition to aesthetics, practicality is key when upgrading your pool. Installing a pool cover offers numerous benefits, including keeping your pool clean and reducing maintenance efforts. A pool cover also helps to conserve energy by reducing water evaporation and heat loss. Consider a solar cover that harnesses the sun's energy to naturally warm the water, making it even more enjoyable while reducing your environmental impact.

Lastly, don't overlook the importance of creating a seamless transition between your pool and outdoor living space. Enhance the pool area with a stylish deck or patio where you can lounge, entertain guests, or simply relax poolside. This integration of the pool and outdoor space creates a cohesive and inviting atmosphere, making your backyard a true extension of your living area. By incorporating these upgrades, you can transform your swimming pool into a captivating and luxurious retreat that enhances your outdoor living space. Whether you're seeking relaxation, entertainment, or a refreshing swim, your upgraded pool will provide an extraordinary experience for you, your family, and your guests. Get ready to create unforgettable memories and bask in the beauty of your own backyard paradise.

What Do Our Dreams Mean?

You just awoke and remembered a wild dream. Someone chasing you, a terrifying fall, and some random friend you knew back in high school was watching the whole thing? What’s it all mean? And why are you dreaming in the first place?

Philosophers and psychologists from Nietzsche to Freud have long tried to determine why we dream. It was Freud who famously theorized that dreams represent our unconscious desires and thoughts. We’ve come to understand that dreams are most likely a way for humans to process emotions, memories, and even fears. But the truth is, no one really knows why we dream or if dreams mean anything at all.

Most people’s dreams fall into a few familiar patterns. The first three dream types involve lots of action: falling, being chased, and flying. According to experts, if you dream you are falling, you may be afraid of something occurring in your conscious life. Falling from a very high height could mean something in your life isn’t going well, you’re feeling stressed, and it’s time to make a change. Being chased could suggest you are avoiding something in your real life, such as having a serious talk with a loved one or meeting a deadline. And if you dream you’re flying? This could mean you’re feeling independent…or conversely that you long to be free from the responsibilities of your life.

Other common dreams may seem a bit strange. A dream you are naked in public could suggest you have imposter syndrome, you feel like a fake or a phony in some part of your life and you’re afraid it will be revealed. Losing your teeth in your dream could represent insecurities about your appearance or that you worry about your ability to communicate with others.

And what do people who randomly pop up in our dreams mean? Dreaming of a celebrity—which according to Google searches is very common—could mean you long to be noticed and fulfill your own potential. Dreaming of old friends could suggest something from your past is still bothering you.

Want to learn from your dreams? Try keeping a dream journal by your bed to write down bits you remember during the night or first thing in the morning. You can decode specific items at dreamdictionary.org. Who knows? Maybe your dreams can help you figure out some life problems or unlock some mysteries. Sweet dreams!

TASTE Creamy Spaghetti

INGREDIENTS

1 tbsp butter

8 oz dry spaghetti, prepared according to package directions, kept warm

1 tbsp granulated chicken flavor bouillon

1/2 tsp garlic powder

1/2 tsp ground white pepper

1 can (7.6 oz) crema

DIRECTIONS

In a hot pan melt the butter; sauté the cooked spaghetti with the garlic powder, white pepper and chicken bouillon.

Add crema and heat for 5 minutes, stirring constantly. Remove from heat. Serve hot.

Tip: Try adding parsley, cilantro or dill and add bits of fried bacon. GoodNes.com

realtor® | 602.625.4653 | mclainjk@aol.com

Orange Tree Active & Pending Listings

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candis creel

602.697.0232

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Account Manager

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“My team and I have had the awesome pleasure of working alongside Kelly McLain for nearly 10 years now. He is truly one of the most loyal, dedicated and knowledgeable Realtors with whom we’ve ever worked! His clients are very privileged to have him represent them, especially in a challenging market. We feel honored to handle the escrow transactions and would highly recommend him to anyone looking to buy or sell a home!”

This time last year, the market was in full retreat, pricing peaked on June 10 2022 as we can now look back. Closings were still plentiful, driven by the demand from institutional investors and iBuyers who were just about to curtail their buying spree. So much has changed in the last year. The gut-wrenching slowdown that took place in the second half of 2022 is now a distant memory and the market is slowly and cautiously recovering to a semblance of normality. Closings in June were unusually strong - up 21% from May, but these were driven by contracts signed in April when interest rates were more attractive than they are right now. A spike in mortgage rates at the end of May meant we entered June with a weak count of listings under contract, down over 9% from the beginning of May. This means we should expect relatively unimpressive closing counts this summer.

It is common knowledge that demand is sensitive to interest rates, but thinking that higher interest rates lead to lower prices is simplistic and wrong. In the current environment, higher interest rates dramatically reduce the desire to pay off lowinterest loans and so dispose of property. Those who bought at the peak during the first half of 2022 may be underwater, but unless a dramatic change in their circumstances makes their financial situation desperate, they are unlikely to be motivated to sell and convert that loss on paper to a hard loss of real money.

The weakness of supply is the main factor to consider when studying the current

5550ESHEABLVD322,192$895,000AVANT 6220ELARKSPURDR421,838$1,000,000SHEANORTHESTATES 5633EWETHERSFIELDRD432,420$1,025,000CENTURYNORTH 5441EWETHERSFIELDRD532,934$1,288,000RANCHOSAGUARO 5530ESHEABLVD433,617$1,375,000AVANT 5740ESHEABLVD654,363$1,999,000CENTURYCLUBESTATES 6202EGOLDDUSTAVE54.52,972$2,099,995SUNBURSTFARMS 6050ECHARTEROAKRD454,368$3,270,000AVANT 5825ECOCHISERD44.53,729$3,450,000COUNTRYESTATES 6032EDESERTCOVEAVE55.56,424$4,400,000SUNBURSTFARMS

9802N53RDPL45.55,220$4,498,800GOLFVIEWESTATES 10019N57THST696,623$6,250,000COUNTRYCLUBACRES UCB

5938EBLOOMFIELDRD422,319$875,000AVANT 5730EWINDROSEDR532,856$1,195,000CENTURYNORTH 11438N54THPL433,460$1,399,999ORANGETREEESTATES 5975ELARKSPURDR432,624$1,560,000AVANT 5202EPARADISEDR53.53,561$1,700,000WOODLEAF 6335EGOLDDUSTAVE65.56,190$4,500,000SUNBURSTFARMS CCBS

10222N58THPL322,065$1,275,000PROMONTORYLOT 5302ESAHUARODR433,948$1,850,000AVANT COMINGSOON

5614EWETHERSFIELDRD432,381$940,000CENTURYNORTH 10815NABERDEENRD432,461$2,495,000CENTURYCLUBESTATES PENDING

5521EPARADISEDR221,759$635,000ORANGETREEVILLAS 12243N58THST422,052$799,000CENTURYNORTH 5919EBLOOMFIELDRD42.52,746$894,900AVANT 6315ECORRINEDR443,000$2,100,000SHEANORTHESTATES 11224N60THST54.55,287$3,875,000CENTURYCLUBESTATES 11408NSAINTANDREWSWAY576,255$4,800,000CENTURYCLUBESTATES

Allinformationisdeemedreliablebutnotguaranteed.Propertiesonthislisthavebeenlisted/soldbyvariousmembersoftheMLS.

housing market. Despite the low number of homes going under contract, the number of homes for sale (without a contract) dropped another 6% and is now below 12,000. This is an unhealthy supply and it is basically impossible for prices to decline when supply is so weak and trending lower.

If supply were to rise, then a cooling trend could start to build. The monthly releases of building permit data suggests that future supply will be strong for rental multi-family property, but singlefamily homes to purchase are being planned in ever smaller numbers. The recent decision to restrict future permits because of water concerns means that situation is likely to remain in place for a long time. The market will see less volume than we have become used to, but prices will be reinforced by the chronic supply.

In the very long term (over decades), a shortage of water could cause net migration to drop and even turn negative. This would generate more supply and cause downward pressure to build up on prices. But that event is very unlikely within our existing time horizon. Without such a macro-level change in circumstances, the supply of single-family homes and condos for sale looks set for long-term scarcity.

Unless we get a significant reduction in mortgage rates, the affordability of homes will remain a major problem. This will constrain sales volumes, but it is very unlikely to put downward pressure on pricing. Instead we are much more likely to see a long-term price appreciation trend setting in once more, with the chronic shortage of supply the over-arching unsolved issue.

Closings remain strong as I just closed 11015 N Montrose for $3,100,000, 5006 E Crestview for $3,575,000, and 13864 E Coyote Way for $3,400,000

Please call me if you are thinking about selling or buying, the market is ever a changing and I will keep you advised of the latest market conditions.

Kelly McLain

“ THE #1 AGENT FOR THE ORANGE TREE & EQUESTRIAN MANOR AREA WITH OVER 100 TRANSACTIONS!”