Bob Lomax | Mirabel Lifestyle

MIRAB

Broker’s Corner f someone had told me in April that Mirabel Properties would sell or put under contract the equivalent of close to $36 million of real estate in the Mirabel IBelow Club in the next 4 months, I would have thought they were crazy. But that is exactly what happened, and we could not be more thankful and grateful. is a list of the sales along with who Mirabel Properties represented.

Lot # 152 228 297 165 235 236 160 111 259 178 321 283 99

COE 1-MAY 1-MAY 15-JUL 31-JUL 21 AUG 27-AUG 7-SEP 16-SEP 21-SEP 23-SEP 25-SEP 30-SEP 15-NOV

Sales Price $1,500,000 $1,625,000 $3,400,000 $660,000 $92,000 $1,725,000 $643,000 $2,100,000 $2,020,000 $1,400,000 $3,495,000 $3,250,000 $1,900,000

TOTALS TOTAL PRODUCTION

Represented MP REPRESENTED SELLER AND BUYER MP REPRESENTED SELLER MP REPRESENTED BUYER MP REPRESENTED SELLER MP REPRESENTED SELLER MP REPRESENTED SELLER AND BUYER MP REPRESENTED SELLER MP REPRESENTED SELLER MP RESPRESENTED SELLER AND BUYER MP REPRESENTED SELLER MP REPRESENTED SELLER AND BUYER MP REPRESENTED SELLER AND BUYER MP REPRESENTED SELLER

Lifestyle MIRABEL

SEPTEMBER | OCTOBER 2020

$23,830,000 $35,820,000

In real estate sales there are two sides to each transaction – the buyer and the seller. When you represent both sides you get credit for it twice in terms of total production as compared with other real estate brokers. $35,820,000 of total production is over 5 times more than our closest competitor’s production during the same period.

Activity continues to be brisk with no sign of it stopping anytime soon. It is clear that Covid helped increase a migration of Americans who are leaving densely populated areas in search or more open space and safety for their loved ones to enjoy. Arizona, and north Scottsdale in particular, appears to be very well positioned to continue to see higher than normal population growth. There was a recent article written with a headline that read “Scottsdale tops all U.S. cities with more people moving in during Covid 19”. In fact, Scottsdale bested all cities with 67% more people moving in than moving out.

This is one of the best markets I have seen since well before the recession in 2009. The biggest challenge is a lack of inventory. We had one home come on the market recently that received 2 offers within 36 hours and ended up selling for over asking price. With home prices continuing to rise, If you have been thinking about selling your property this is a great time to explore what your home is worth. As you can see from the chart above, of the 13 sales we made, we represented both the buyer and seller on 5 of the transactions or nearly 40%. This allows us to discount the commission and save our sellers money.

Calling All Sleuths!

If you would like to discuss what your property is worth in todays market, give me a call. We also can give you advice on what improvements to make to your home to get it ready to put on the market in order to get top dollar. I look forward to hearing from you.

Broker’s Corner

Until next time……………………………………

Bob Lomax

Owner/Designated Broker | Mirabel Properties

BOB LOMAX

Arizona Real Estate

480.595.2545 OFFICE 480.595.9503 FAX 602.920.7192 MOBILE

Individual Pumpkin Pies

For a list of available custom homes and homesites, contact Bob and Liz Lomax at 480.595.2545 OWNER/DESIGNATED BROKER MIRABEL PROPERTIES

All information is deemed reliable but not guaranteed.

www.Mirabel.com If your home is currently listed, this is not a solicitation for that listing.

Produced by DLP Marketing • (480)460-0996 • DLPmarketing.com

Market is Building Immunity GoodNes

Photograpgh Taken by Jim Rydell

Presented By Bob Lomax on Back Cover

SEPTEMBER | OCTOBER 2020 Digital Drive-In Mesa | Daily Digitaldriveinaz.com

Drive-in movies have made a comeback this year, and with good reason. They’re a fun way to get out of the house and offer a more private movie-going experience than you’d get at traditional theaters. Mesa’s Digital Drive-In shows movies seven days per week, with new movie schedules updated weekly. A huge 24’ x 40’ digital high definition screen ensures you’ll always have the perfect seat. Movie choices range from classics and kid movies to comedy specials and filmed concerts.

Oak Creek Canyon Fall Foliage Tour Sedona | September - October Sedona.net/sedona-fall-colors

Just north of Phoenix, Sedona’s infamous red rocks attract tourists year-round, but autumn is the ideal time to witness the changing of the leaves.

Escape to a cooler climate and enjoy the fall colors beautifully complemented by the unique desert landscape. Drive or hike through Oak Creek Canyon, taking route 89A north from Sedona, to see some of the season’s most abundant colors.

Mindfulness-Based Stress Reduction Virtual | September 24 – November 19 Aimsforwellness.com

This eight-week, online course is hosted by Dr. Joyoti Patel through the Arizona Integrative Medicine & Spa. Participants join a weekly class in addition to one full day session. Topics include mindfulness training techniques, meditation training, yoga and body awareness training, lectures and group discussions. The workshop aims to change destructive or harmful thinking patterns, explore deep feelings and bring participants a greater sense of overall wellbeing with techniques that can be practiced long after the eight weeks is over.

Art in the Garden & Sparkling Tea Phoenix | October 10 Shemerartcenter.org

Held at the Shemer Art Center, this annual event takes advantage of Arizona’s beautiful fall weather. Browse a number of garden-themed artist tents featuring florals, botanicals, art, jewelry and more. The event features live music, a silent auction and garden demonstrations from industry professionals. A ticketed Sparkling Tea is held on the patio in the afternoon, as the perfect way to top off your day in the garden.

TRUE CRIME FANS AZ REAL ESTATE AND THE PANDEMIC T

hanks to a global pandemic, the word “home” has taken on a much more profound meaning in 2020 that none of us could have predicted when the calendar turned on January 1st. It has, of course, impacted the real estate market in Arizona and the Metro Phoenix area, but not in the dire way you might expect.

The greater Phoenix area began the year incredibly strong with industry experts expecting it to be one of the top markets in the U.S. Indeed, by July the average home price reached a record high of $412,278 with new home sales averaging $520,866 for that same month, the best since 2005. Inventory was low and demand was high.

THEN COVID-19 HIT AND THE NATIONAL MOTTO BECAME STAY AT HOME. Arizonans are known for their resilience and the industry quickly adapted. Real estate and mortgage professionals were deemed essential services by Governor Ducey, and after an initial slowdown, business efficiently resumed with virtual tours, Zoom appointments, digital documents and more.

The economic impact of temporary closures and high unemployment filings no doubt affected decision making, but competitive interest rates and eager sellers offering concessions continued to entice buyers into the third quarter.

BY THE NUMBERS The Valley of the Sun is the 10th largest metro area in the country, offering a lower cost of living than many big cities, reasonable housing prices and a strong job market. The housing market here is also one of the highest appreciating in the country. Since bottoming out in 2011 after the Great Recession, prices are up 145%, and are converting at an increased pace. The average days on market is only 49 days and the listing versus sold price is at 99% which means sellers are pricing their homes competitively.

The market still favors sellers with homeowners receiving an average of two offers and typically selling within a month or so. In spite of the pandemic, there has been almost a 50% increase in signed contracts in the Valley, allaying any of the fears that experts may have had.

STILL THE PLACE TO BUY There is still an ongoing demand for housing which is maintaining the new home industry. Several factors continue to attract investors looking at Arizona and the Metro Phoenix area as well. Besides the enormous snowbird market, a growing retiree community, and low taxes, there is also a large student population – including those who will be spending more time at home due to pandemic-related restrictions.

While many of us feared the worst a few months ago, the real estate experts are predicting continued momentum as the national economy gradually reopens. With Arizona’s robust market coming into 2020, there is even more optimism that we will see steady growth well into 2021. So whether you’re considering buying, selling, or staying put, you undoubtedly have a renewed appreciation of HOME. Be well, Arizona.

REAL ESTATE

corner

Cmystery for you! At-home sleuthing is having

alling all armchair detectives: Have we got a shocking

a major moment as more of us hunker down at home and have endless hours to spend in front of the TV or hooked up to our phones listening to a true-crime podcast. An abundance of TV shows, documentaries, and bestselling books are also centered on true crime stories—many unsolved to this day. Who knew that people were so obsessed with abductions, disappearances, and murder? What’s driving this crime obsession—and how can you get in on the titillating trend?

your favorite form of media. If you’re a TV bingewatcher, check out Netflix, which offers “Unsolved Mysteries,” a reboot of the iconic documentary series with new crimes told in a more sophisticated style with real interviews and news footage to help solve the case.

Each episode delves into disappearances, murders, and even aliens. No surprise it’s been trending on Netflix for months. Netflix also offers up “Cold Case Files,” “I Am a Killer,” “The Confession Tapes,” and “Forensic Files Collection.”

Some experts believe viewers are drawn to the danger and mystery of true crime because it’s exciting and scary but isn’t all that real to the viewer since they’re watching from the safety of their homes.

And although murder mysteries have been popular since the novels of Agatha Christie back in the 1920s, today’s viewers may be more intrigued because of new technology and science such as DNA testing which can help crack previously unsolved cases. Viewers can even send in tips to help detectives solve long-shelved cold cases.

Surprisingly, viewers of today’s true crime genre are more often female perhaps looking to learn tips on how to defend themselves if ever in such frightening situations.

The podcast—an audio show platform—provides a perfect venue for uncovering lost stories of death and demise. Part lecture, part chat with friends, and part entertainment, podcasts are a popular way for interested parties to learn about these dreadful stories.

A quick search for “True Crime” in your podcast app will turn up some 40 shows to choose from (“They Walk Among Us” anyone?). After all, listening to “My Favorite Murder” or “Southern Fried True Crime” sure makes doing the laundry more bearable. And on Facebook you’ll even find social groups that are dedicated to cracking real unsolved crimes, based on podcasts and television shows. We think Web sleuthing may be just the thing we need as a distraction to the world right now.

So how to dip your toe in the world of true crime? First, choose

IN GOOD TASTE

EVENT CALENDAR

Individual Pumpkin Pies INGREDIENTS 2

Large eggs

¼ tsp

Baking soda

1 cup

100% pumpkin canned

¼ tsp

Baking powder

½ cup

All-purpose flour

¼ tsp

Salt

¾ cup

Evaporated milk

2 tsp

Pumpkin pie spice

½ cup

Granulated sugar

Optional

Cinnamon, whipped cream

DIRECTIONS Place foil liners in 12 standard-size muffin cups and coat with cooking spray. Combine flour, pumpkin pie spice, salt, baking powder and baking soda in large bowl. In a separate large bowl, whisk pumpkin, sugar, evaporated milk and eggs until smooth.

Add flour mixture to pumpkin mixture and whisk until smooth. Spoon ¼ cup of mixture into each muffin cup and bake at 350° F for 20 to 25 minutes.

Cool completely in a pan on a wire rack. Top with freshly whipped cream and ground cinnamon, if desired. Refrigerate for 2 hours before serving.

GoodNes.com

SEPTEMBER | OCTOBER 2020 Digital Drive-In Mesa | Daily Digitaldriveinaz.com

Drive-in movies have made a comeback this year, and with good reason. They’re a fun way to get out of the house and offer a more private movie-going experience than you’d get at traditional theaters. Mesa’s Digital Drive-In shows movies seven days per week, with new movie schedules updated weekly. A huge 24’ x 40’ digital high definition screen ensures you’ll always have the perfect seat. Movie choices range from classics and kid movies to comedy specials and filmed concerts.

Oak Creek Canyon Fall Foliage Tour Sedona | September - October Sedona.net/sedona-fall-colors

Just north of Phoenix, Sedona’s infamous red rocks attract tourists year-round, but autumn is the ideal time to witness the changing of the leaves.

Escape to a cooler climate and enjoy the fall colors beautifully complemented by the unique desert landscape. Drive or hike through Oak Creek Canyon, taking route 89A north from Sedona, to see some of the season’s most abundant colors.

Mindfulness-Based Stress Reduction Virtual | September 24 – November 19 Aimsforwellness.com

This eight-week, online course is hosted by Dr. Joyoti Patel through the Arizona Integrative Medicine & Spa. Participants join a weekly class in addition to one full day session. Topics include mindfulness training techniques, meditation training, yoga and body awareness training, lectures and group discussions. The workshop aims to change destructive or harmful thinking patterns, explore deep feelings and bring participants a greater sense of overall wellbeing with techniques that can be practiced long after the eight weeks is over.

Art in the Garden & Sparkling Tea Phoenix | October 10 Shemerartcenter.org

Held at the Shemer Art Center, this annual event takes advantage of Arizona’s beautiful fall weather. Browse a number of garden-themed artist tents featuring florals, botanicals, art, jewelry and more. The event features live music, a silent auction and garden demonstrations from industry professionals. A ticketed Sparkling Tea is held on the patio in the afternoon, as the perfect way to top off your day in the garden.

TRUE CRIME FANS AZ REAL ESTATE AND THE PANDEMIC T

hanks to a global pandemic, the word “home” has taken on a much more profound meaning in 2020 that none of us could have predicted when the calendar turned on January 1st. It has, of course, impacted the real estate market in Arizona and the Metro Phoenix area, but not in the dire way you might expect.

The greater Phoenix area began the year incredibly strong with industry experts expecting it to be one of the top markets in the U.S. Indeed, by July the average home price reached a record high of $412,278 with new home sales averaging $520,866 for that same month, the best since 2005. Inventory was low and demand was high.

THEN COVID-19 HIT AND THE NATIONAL MOTTO BECAME STAY AT HOME. Arizonans are known for their resilience and the industry quickly adapted. Real estate and mortgage professionals were deemed essential services by Governor Ducey, and after an initial slowdown, business efficiently resumed with virtual tours, Zoom appointments, digital documents and more.

The economic impact of temporary closures and high unemployment filings no doubt affected decision making, but competitive interest rates and eager sellers offering concessions continued to entice buyers into the third quarter.

BY THE NUMBERS The Valley of the Sun is the 10th largest metro area in the country, offering a lower cost of living than many big cities, reasonable housing prices and a strong job market. The housing market here is also one of the highest appreciating in the country. Since bottoming out in 2011 after the Great Recession, prices are up 145%, and are converting at an increased pace. The average days on market is only 49 days and the listing versus sold price is at 99% which means sellers are pricing their homes competitively.

The market still favors sellers with homeowners receiving an average of two offers and typically selling within a month or so. In spite of the pandemic, there has been almost a 50% increase in signed contracts in the Valley, allaying any of the fears that experts may have had.

STILL THE PLACE TO BUY There is still an ongoing demand for housing which is maintaining the new home industry. Several factors continue to attract investors looking at Arizona and the Metro Phoenix area as well. Besides the enormous snowbird market, a growing retiree community, and low taxes, there is also a large student population – including those who will be spending more time at home due to pandemic-related restrictions.

While many of us feared the worst a few months ago, the real estate experts are predicting continued momentum as the national economy gradually reopens. With Arizona’s robust market coming into 2020, there is even more optimism that we will see steady growth well into 2021. So whether you’re considering buying, selling, or staying put, you undoubtedly have a renewed appreciation of HOME. Be well, Arizona.

REAL ESTATE

corner

Cmystery for you! At-home sleuthing is having

alling all armchair detectives: Have we got a shocking

a major moment as more of us hunker down at home and have endless hours to spend in front of the TV or hooked up to our phones listening to a true-crime podcast. An abundance of TV shows, documentaries, and bestselling books are also centered on true crime stories—many unsolved to this day. Who knew that people were so obsessed with abductions, disappearances, and murder? What’s driving this crime obsession—and how can you get in on the titillating trend?

your favorite form of media. If you’re a TV bingewatcher, check out Netflix, which offers “Unsolved Mysteries,” a reboot of the iconic documentary series with new crimes told in a more sophisticated style with real interviews and news footage to help solve the case.

Each episode delves into disappearances, murders, and even aliens. No surprise it’s been trending on Netflix for months. Netflix also offers up “Cold Case Files,” “I Am a Killer,” “The Confession Tapes,” and “Forensic Files Collection.”

Some experts believe viewers are drawn to the danger and mystery of true crime because it’s exciting and scary but isn’t all that real to the viewer since they’re watching from the safety of their homes.

And although murder mysteries have been popular since the novels of Agatha Christie back in the 1920s, today’s viewers may be more intrigued because of new technology and science such as DNA testing which can help crack previously unsolved cases. Viewers can even send in tips to help detectives solve long-shelved cold cases.

Surprisingly, viewers of today’s true crime genre are more often female perhaps looking to learn tips on how to defend themselves if ever in such frightening situations.

The podcast—an audio show platform—provides a perfect venue for uncovering lost stories of death and demise. Part lecture, part chat with friends, and part entertainment, podcasts are a popular way for interested parties to learn about these dreadful stories.

A quick search for “True Crime” in your podcast app will turn up some 40 shows to choose from (“They Walk Among Us” anyone?). After all, listening to “My Favorite Murder” or “Southern Fried True Crime” sure makes doing the laundry more bearable. And on Facebook you’ll even find social groups that are dedicated to cracking real unsolved crimes, based on podcasts and television shows. We think Web sleuthing may be just the thing we need as a distraction to the world right now.

So how to dip your toe in the world of true crime? First, choose

IN GOOD TASTE

EVENT CALENDAR

Individual Pumpkin Pies INGREDIENTS 2

Large eggs

¼ tsp

Baking soda

1 cup

100% pumpkin canned

¼ tsp

Baking powder

½ cup

All-purpose flour

¼ tsp

Salt

¾ cup

Evaporated milk

2 tsp

Pumpkin pie spice

½ cup

Granulated sugar

Optional

Cinnamon, whipped cream

DIRECTIONS Place foil liners in 12 standard-size muffin cups and coat with cooking spray. Combine flour, pumpkin pie spice, salt, baking powder and baking soda in large bowl. In a separate large bowl, whisk pumpkin, sugar, evaporated milk and eggs until smooth.

Add flour mixture to pumpkin mixture and whisk until smooth. Spoon ¼ cup of mixture into each muffin cup and bake at 350° F for 20 to 25 minutes.

Cool completely in a pan on a wire rack. Top with freshly whipped cream and ground cinnamon, if desired. Refrigerate for 2 hours before serving.

GoodNes.com

MIRAB

Broker’s Corner f someone had told me in April that Mirabel Properties would sell or put under contract the equivalent of close to $36 million of real estate in the Mirabel IBelow Club in the next 4 months, I would have thought they were crazy. But that is exactly what happened, and we could not be more thankful and grateful. is a list of the sales along with who Mirabel Properties represented.

Lot # 152 228 297 165 235 236 160 111 259 178 321 283 99

COE 1-MAY 1-MAY 15-JUL 31-JUL 21 AUG 27-AUG 7-SEP 16-SEP 21-SEP 23-SEP 25-SEP 30-SEP 15-NOV

Sales Price $1,500,000 $1,625,000 $3,400,000 $660,000 $92,000 $1,725,000 $643,000 $2,100,000 $2,020,000 $1,400,000 $3,495,000 $3,250,000 $1,900,000

TOTALS TOTAL PRODUCTION

Represented MP REPRESENTED SELLER AND BUYER MP REPRESENTED SELLER MP REPRESENTED BUYER MP REPRESENTED SELLER MP REPRESENTED SELLER MP REPRESENTED SELLER AND BUYER MP REPRESENTED SELLER MP REPRESENTED SELLER MP RESPRESENTED SELLER AND BUYER MP REPRESENTED SELLER MP REPRESENTED SELLER AND BUYER MP REPRESENTED SELLER AND BUYER MP REPRESENTED SELLER

Lifestyle MIRABEL

SEPTEMBER | OCTOBER 2020

$23,830,000 $35,820,000

In real estate sales there are two sides to each transaction – the buyer and the seller. When you represent both sides you get credit for it twice in terms of total production as compared with other real estate brokers. $35,820,000 of total production is over 5 times more than our closest competitor’s production during the same period.

Activity continues to be brisk with no sign of it stopping anytime soon. It is clear that Covid helped increase a migration of Americans who are leaving densely populated areas in search or more open space and safety for their loved ones to enjoy. Arizona, and north Scottsdale in particular, appears to be very well positioned to continue to see higher than normal population growth. There was a recent article written with a headline that read “Scottsdale tops all U.S. cities with more people moving in during Covid 19”. In fact, Scottsdale bested all cities with 67% more people moving in than moving out.

This is one of the best markets I have seen since well before the recession in 2009. The biggest challenge is a lack of inventory. We had one home come on the market recently that received 2 offers within 36 hours and ended up selling for over asking price. With home prices continuing to rise, If you have been thinking about selling your property this is a great time to explore what your home is worth. As you can see from the chart above, of the 13 sales we made, we represented both the buyer and seller on 5 of the transactions or nearly 40%. This allows us to discount the commission and save our sellers money.

Calling All Sleuths!

If you would like to discuss what your property is worth in todays market, give me a call. We also can give you advice on what improvements to make to your home to get it ready to put on the market in order to get top dollar. I look forward to hearing from you.

Broker’s Corner

Until next time……………………………………

Bob Lomax

Owner/Designated Broker | Mirabel Properties

BOB LOMAX

Arizona Real Estate

480.595.2545 OFFICE 480.595.9503 FAX 602.920.7192 MOBILE

Individual Pumpkin Pies

For a list of available custom homes and homesites, contact Bob and Liz Lomax at 480.595.2545 OWNER/DESIGNATED BROKER MIRABEL PROPERTIES

All information is deemed reliable but not guaranteed.

www.Mirabel.com If your home is currently listed, this is not a solicitation for that listing.

Produced by DLP Marketing • (480)460-0996 • DLPmarketing.com

Market is Building Immunity GoodNes

Photograpgh Taken by Jim Rydell

Presented By Bob Lomax on Back Cover