Looking For The Green Light To Sell Your Home?
Arizona Homeowner November / 2009
HERE IT IS...
Last year at this time there were about 53,600 homes actively listed in the Valley, selling about 6,300 per month, or at a 9-month supply. Two years ago the number was about 57,200 active listings, selling at about 3,600 per month, or about a 16-month supply. Today we currently have about 37,700 active listings, with about 7,800 sales last month, or about a 5-month supply. Historically, the line between a ‘sellers’ market and a ‘buyers’ market is a 6-month supply. It is common knowledge the residential resale housing market under $500,000 has been very brisk, much of it driven by duress sales. However, the shrinking inventory, increased sales activity and low interest rates have finally sent a signal to buyers that we have crossed the threshold of the proverbial ‘bottom’ of the market and now is a good time to buy. What REALTORS in the field will tell you is that they are having difficulty finding great homes to show. The availability of bank-owned properties is trending down, though preforeclosure inventory is trending up. Combined they represent just under half the market. There is now a demand for property like we haven’t seen in several years! Putting all of this together suggests that if you have a home you’d like to sell and have been holding off, this may be an excellent time to sell. There are variables to consider - different price ranges and areas have their respective idiosyncrasies. To know for sure if current market conditions truly are a green light for you to make your move, give me a call. Accurately assessing your prospects is what I do.
About Wendy...
She is a full-time Realtor who pours her heart and soul into serving her clients’ best interest. Whether it be listing and selling your home for the best price in the shortest amount of time possible or finding the perfect home to suit your needs, she is tireless in her efforts.
Featured Properties
Breathtaking city light views abound from this Edmund’s expanded “Pinnacle” model with Troon Mountain views from the entry. This immaculately kept home has upgrades galore flagstone flooring in the generous entry, kitchen, dining/family room and hallways. The kitchen features a Dacor gas cook top and double ovens, and Sub Zero refrigerator. Beautiful granite counters enhance the chef’s delight and a butcher block island with a stainless veggie sink completes this functional kitchen. The master suite takes in the city light views and a jetted tub, full shower and double vanities create a relaxing haven. Add a generous guest room, a den and this turn-key vacation or full-time residence is move-in ready. Enjoy the sunsets and city lights on the double-tiered patio with a soothing water feature.
12658 E. Laurel Lane • Scottsdale, AZ 85259 Offered at $549,000 • 2879 Square Feet
If your home is currently listed, this is not a solicitation for that listing.
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Wendy is a REALTOR®, CDPE (Certified Distressed Property Expert), a Foreclosure, Short Sale and REO Specialist and an ABR (Accredited Buyer’s Representative).
WENDY KIRTLAND
Your Interior Design’s Finishing Touch
24350 N. Whispering Ridge Way, #3 • Scottsdale, AZ 85255 Offered at $600,000 • 2582 Square Feet
When she is not working with clients she spends time furthering her real estate education. In 2009 she completed courses to become an “Accredited Buyer’s Representative,” a “Certified Distressed Property Expert,” a “Certified Negotiation Expert,” a “Foreclosure, Short Sale & REO Specialist,” and other additional courses. Not a day goes by that she is not learning something new.
Office: 480.473.5427 • Fax: 480.624.3654 Wendy.Kirtland@RussLyon.com 23733 N. Scottsdale Rd. #200 • Scottsdale, AZ 85255
accessorizing
Fabulous three bedroom plus den home in the gated enclave of Sonoran Heights. Nestled in the McDowell Mountains on an oversized cul-de-sac lot, this immaculate home has a generous living and dining room with a columned entry. The kitchen has been upgraded with slab granite and stainless steel appliances. The attached family room features tile flooring, a stone fireplace and entertainment center. The split plan master bedroom has a large sitting area and the bath includes double sinks, large tub and separate shower. The secondary bedrooms have new carpet and share a full bath. Lush north-facing backyard features a pool, spa and grassy area all accessed by a large covered patio. Home borders NAOS and access to hiking trails. This is a Short Sale Opportunity that shouldn’t be overlooked!
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