July / 2009
The Nate Martinez Team Loves Referrals! The Nate Martinez Team would like to take the opportunity to thank the following people for the wonderful referrals they have sent our way:
Lisa Jansen, NP Dodge Real Estate Doug Bohannon, Coldwell Banker David Preudhomme Corinne Bethel Melissa Person, RE/MAX Assoc. Gary Cannon Craig Gaudry, Craig Gaudry & Assoc. UPS Corporate Relocation Company Dave Ramsey, Dave Ramsey Show
Need Help Buying? First-time home buyers purchasing any kind of home— new or resale—are eligible for the tax credit. To qualify for the tax credit, a home purchase must occur on or after January 1, 2009 and before December 1, 2009. For the purposes of the tax credit, the purchase date is the date when closing occurs and the title to the property transfers to the home owner. Call us TODAY to learn more!
Don’t wait to hear it on the 6 o’clock news! Don’t miss out on these low, low prices – visit us online to see our current inventory of homes for sale! www.NatesHomes.com www.NatesLuxuryHomes.com www.TheReserveAtEagleHeights.com 7111 W. Bell Road, Suite 101 Glendale, AZ 85308 www.NatesHomes.com www.NatesLuxuryHomes.com 602.942.7000 office 800.284.1158 toll free 602.430.5226 cell 602.532.7352 fax NateM@remax.net
2009 Average Sales Price By City CITY SINGLE-FAMILY CONDOS, TOWNHOMES RESIDENCES ONLY PATIO HOMES ONLY Mesa.................................$161,926.............................$101,670 Glendale..........................$124,790...............................$48,756 Goodyear........................$164,890.............................$114,550 Phoenix.............................$112,843.............................$106,411 Peoria...............................$191,535.............................$130,555 Tempe...............................$228,124.............................$145,105 Gilbert...............................$226,961.............................$121,193 Litchfield Park...................$206,516.............................$104,820 Chandler..........................$232,703.............................$114,429 Queen Creek...................$133,398...............................$54,398 Cave Creek.....................$376,998.............................$259,187 Scottsdale........................$590,825.............................$248,978 Fountain Hills....................$483,053.............................$245,354 Carefree...........................$757,423.............................$337,068 Paradise Valley.............$1,715,373.............................$246,400
Bigger, Better & Beautiful
Statistics gathered from ARMLS and reflect resale properties. All information deemed reliable but not guaranteed.
Nate’s Market Update Almost on a daily basis I am asked the same question from various people I encounter: “Hey Nate, how is the market?” This time last year, I would cringe when someone asked me this same question because it was hard to find a positive way to respond as the market truly was doom and gloom. Today, I am happy to report, the market is HOT! My team in the month of April sold 72 houses – let me repeat, 72 houses! In my quarter of a century career, we have never sold this many houses in one month. In addition to this incredible number of sales, 40% of them sold above list price in multiple offers…and when I say multiple offers, we are talking about 10, 20, 30 offers on one property! Our average list price to sales price is 102.3% of these sales. Year to date, we have closed over 200 homes and we are well on our way to our goal of 450 closed homes. If you remember, the average sales price of a single family home in Maricopa county was about $225,000 – today, the average of our sales is $121,000. If you have been waiting for the prices of houses to bottom out, don’t wait much longer because you will miss out. Property values are already starting to see signs of improvement in all kinds of markets, from $25,000 homes to $1,000,000 homes. Financing is available for FHA borrowers, as well as some investor programs out there for 10-20% down on conventional loans. Call us today for more information on financing options and if you or someone you know is interested in buying a home please don’t wait any longer – call us today! Nate & Team Are you or someone you know facing foreclosure? Please call our office today – we have onsite CDPE certified agents who can help! Call Jaime Stark in our Short Sale Department for more information on how we can help you sell your home or to learn more about your options. Jaime@NatesHomes.com or 623.643.1051
If your home is currently listed, this is not a solicitation for that listing. Each office independently owned and operated.
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