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July | August 2014

Urban Phoenix

Specializing in Phoenix Lofts/Condos

Should We Sell During Summer? Did you know that 50% of the home sales nationally close during the summer months? Locally, many sellers time putting their home on the market so that it isn’t on the market during the warm months of July and August. However, putting your home on the market during the summer may be a competitive advantage!

Urban Phoenix Market Update Community Spotlight

BILTMORE LOFTS

Here’s why: • Less home inventory on the market during the summer months means that your home has less competition since there are less homes for buyers to choose from.

Located in the desirable Biltmore area, Biltmore Lofts consist of twelve three-story townhomes built in 2006. Known for having true loft-style design, each home is a three-bedroom floor plan, featuring spacious two-car garages, huge windows, high ceilings and a smooth stucco exterior finish combined with metal industrial accents. These townhomes range from 1,800 to 2,200 square feet and also feature a generous sized backyard and rooftop deck.

• Since 50% of annual sales close (nationally) during the summer months, we see an influx of buyers in the Valley who have sold their home out-of-state and are relocating to Phoenix. • Many summer buyers want their children to be able to start school in their new school district and would prefer to close quickly on the home that they purchase to be moved in before school starts. There really is an advantage to selling during the summer!

For more information about Biltmore Lofts, contact Kevin Owens at 480.217.9184.

To take advantage of this summer selling season, contact Kevin today!

KEVIN OWENS, REALTOR® Specializing in Phoenix Lofts/Condos

480.217.9184 kevin@fineAZliving.com www.fineAZliving.com

Kris Pesic, Escrow Officer

28 years experience with Old Republic Title in Camelback Corridor

602.631.3706 direct | KPesic@ortc.com 2375 E Camelback Rd #180 | Phoenix, AZ 85016

ADDRESS

SQFT

1 E Lexington Ave 308 783 One Lexington   1 E Lexington Ave Unit 306 734 One Lexington    1 E Lexington Ave 1405 777 One Lexington   914 E Osborn Rd 317 1,338 Artisan Lofts On Central   727 E Portland St 1 1,606 Portland Place   1 E Lexington Ave 409 1,169 One Lexington   513 E Ames Pl 7 1,626 Portland II   521 E Ames Pl 9 1,626 Portland II   517 E Ames Pl 1,626 Portland II   1326 N Central Ave 413 1,491 Artisan Lofts On Central   1 E Lexington Ave 1602 2,268 One Lexington

BED BATH

SOLD PRICE

SOLD PRICE PER SQFT CLOSE OF ESCROW

1

1

$179,900

$229.76

5/29/2014

1

1

$190,000

$258.86

5/20/2014

1

1

$249,835

$321.54

4/22/2014

1

2

$265,000

$198.06

5/22/2014

2

2

$285,000

$177.46

5/13/2014

2

2

$318,000

$272.03

6/11/2014

3

3.5

$329,000

$202.34

5/09/2014

3

3.5

$329,000

$202.34

5/30/2014

3

3.5

$330,000

$202.95

4/07/2014

2

2

$335,000

$224.68

4/22/2014

2

2.5

$980,000

$432.10

6/09/2014

Thinking of Selling?

Call Kevin Owens today at 480.217.9184 For informational purposes only. Your real estate professional is not a mortgage lender; please contact your Mortgage Advisor for information about mortgage products and your eligibility for home financing. If your home is currently listed, this is not a solicitation for that listing. Owned and operated by NRT, LLC.

Produced by Desert Lifestyle Publishing • 480.460.0996 • www.DesertLifestyle.net ISSN-1939-943X

Wheels Up! Leaving on a Jet Plane

Be Cool and Save Money

Reduce Your Air Conditioning Costs

The Handlebar’s Quick & Delicious

Quinoa Summer Salad

Biltmore Lofts Community Spotlight

Market Update From Kevin Owens Loft/Condo Specialist


In Good Taste The Handlebar Tempe 480.474.4888 | HandlebarAZ.com

QUINOA SALAD WITH ROASTED BEETS QUINOA SALAD INGREDIENTS: 2 c cooked quinoa 1/2 c cooked beets large dice 1/2 c sugar snap peas bias cut into 1/4’s 1/2 c pomegranate seeds 1/2 c sweet garlic dressing (recipe follows) 4 tbsp crumbled feta cheese to top salads 4 leaves butter leaf lettuce Salt and pepper to taste

Calling all seasoned travelers! Want to impress your sweetheart or your fabulous family like never before? Consider planning a stylish summer trip and book your own private jet for an unforgettable weekend getaway. It’s the ultimate in luxury and convenience... and believe it or not, it’s more affordable than you might think. Whether you’re flying to San Francisco for a business trip or heading to cooler climes for a quick escape, private jets offer the perks of your own personal plane, available only when you need it. The biggest advantage? You will save a ton of time by not waiting on long lines at check-in and eliminating connecting flights altogether. How does arriving a mere 5 to 15 minutes prior to departure sound? And those long security lines? Yes, you skip those, too. Smaller private planes are also able to fly into smaller airports, which may be closer to your

SWEET GARLIC DRESSING INGREDIENTS: 1/2 c apple cider vinegar 1/2 c vegetable oil 1/2 c sugar 4 garlic cloves 1/4 red onion 1 tsp salt 1 tsp pepper 1 tsp Worcestershire SWEET GARLIC DRESSING DIRECTIONS: Mix together the oil, vinegar and sugar. Pour a small amount of the liquid in a blender with the salt, pepper, Worcestershire, garlic, and red onion. Puree until smooth. Stream in the remaining liquid with the blender running, turn off and adjust the seasonings as need. Yield: 2 Cups QUINOA SALAD DIRECTIONS: In a large mixing bowl combine the cooked quinoa, beets; sugar snap peas, and pomegranate seeds. Season these items lightly with salt and pepper, and then add the sweet garlic dressing and toss to combine. To plate: Place a leaf of butter lettuce in each of the 4 bowls and divide the quinoa salad evenly amongst the 4 bowls. Top each salad with a tablespoon of crumbled feta cheese.

Servings: 4

ultimate destination. This of course saves you additional time. In fact, aviation experts estimate you can save four and a half hours per flight each time you book a private charter plane. Charter jets offer several luxurious types of aircraft, depending on your destination, length of trip, and number of passengers. Plane varieties include small turbo prop planes and light jets all the way up to mid and heavy jets. Imagine a business flight during which you and your associates can work in comfortable conference-style seating maximizing efficiency in the air. If flying for pleasure, you’ll savor the catered cuisine that is nothing like standard airplane fare. And you’ll arrive at your destination refreshed after visiting the private restroom. And finally, you also get the advantage of choosing your travel companions. No more chatty passengers disturbing you if you want to catch up on sleep, no more crying babies if you’re trying to work, and no more lines for a shared bathroom. You’re also allowed much more freedom on board the plane, since it’s your own personal chartered plane.

The cost for these perks? You can expect to pay somewhere between $3,000 to $6,000 per hour of flight, depending on the class of airplane selected. So-called “empty leg” flights are one way to cut down on your expenses. Since approximately 40 percent of all private charter return trip flights fly with no passengers in the cabin, savvy fliers can book these fares at up to 50 percent off regular rates. So next time you’re looking to splurge a bit, consider whisking your sweetie off for a romantic getaway in Las Vegas or flying your extended clan off to a family reunion in Aspen, all in your own private jet. It will be the trip of a lifetime... and may be the beginning of a new way to travel. Wheels up, anyone?

you automatically reduce your energy usage when you are out of the house by adjusting the temperature so that your cooling system will run less while you are away. If your HVAC system is more than 10 years old, replacing the old system may be the way to go. A new system could better heat or cool your home making you more comfortable and saving you money in the long run. By investing in the highest energy rated HVAC system possible now, you are hedging your bets against higher energy costs in the future. The efficiency of central air conditioning systems is rated by a Seasonal Energy Efficiency Ratio (SEER). You can think of it as miles per gallon, the higher the SEER, the lower the utility bill. As of January 2006, the minimum allowable efficiency for new air conditioners is 13-SEER. Systems manufactured today range from 13 to 24-SEER. Air conditioners rated closer to 24-SEER can cost half as much to run as those with the minimum

JULY | AUGUST 2014 Peter Pan Arizona Broadway Theatre | July 11-August 17 623.776.8400 | AZBroadway.org “Second star to the right, and straight on till morning!” Known by many from the 1953 Disney movie, Peter Pan tells the story of the mischievous boy who can fly, who never ages, and who spends his never-ending childhood adventuring on the enchanting isles of Neverland as the undisputed leader of the Lost Boys. This summer, audiences are invited to sprinkle a little pixie dust and join Peter, Wendy, Michael, John and Tinker Bell on a magical adventure as they battle alligators and the notorious Captain Hook in Arizona Broadway Theatre’s high-flying and fanciful spectacle! Kierland Commons Summer Concert Kierland Commons | July 19 480.348.1577 | KierlandCommons.com Enjoy this complimentary concert in Center Plaza from 7-9 p.m. Chuck E. Baby will be playing classic rock favorites. Chuck E. Baby and the All-stars were voted as “Top 10 Finalist | Best Of” in the local band category for AZ Central Best 2013 Reader’s Choice Awards for the 5th consecutive year. Dr. John Talking Stick Resort | August 8 480.850.7734 | TalkingStickResort.com Dr. John is an ambassador to all things New Orleans. The man known as the Night Tripper will bring his life-honed sound to the Showroom at Talking Stick Resort. Known for songs like “Right Place Wrong Time” and “Down in New Orleans,” Dr. John’s musical footprint has spanned over five decades. He has won six Grammy Awards and was inducted into the Rock and Roll Hall of Fame by singer John Legend in March 2011.

COOLING EFFICIENTLY During the summer months it might be time to take a hard look at your cooling system and determine if you could save significant money by upgrading or replacing it. Heating and cooling is the biggest energy user in most homes, accounting for more than 40 percent of a home’s energy bills. A good first step is to have an energy assessment done on your home by an energy efficiency professional. The assessment can range from a simple walk-through up to a comprehensive audit that includes blower-door tests that pressurize the house so energy leaks can be detected and duct-blaster tests to test for integrity of the duct system. When looking for an auditor, look for someone with a Home Energy Rating System (HERS) rating. Your local utility company may subsidize the cost of the audit. Once you make your home more energy efficient with well-sealed ductwork and adequate insulation, a properly programmed thermostat is another way to save money on heating and cooling costs. Programmable thermostats let

Event Calendar

Anthem Sprint Triathlon Anthem Community Center | August 23 623.330.0913 | 4PeaksRacing.com This reverse order sprint triathlon will kick-off your fall season with a bang! The Anthem Sprint Triathlon, hosted in conjunction with Team Anthem Multisport Club, is held in a great location and on a fantastic course. Consisting of a 5km run, a fast 20km bike course and a 400m swim to the finish, The Anthem Sprint Triathlon is a great way to start your fall racing season. limit. Look for models with the Energy Star rating because those models are about 10 to 15 percent more efficient than standard models. Seek a qualified HVAC professional to do a load calculation to properly size your system. Your HVAC system is a big investment. By doing a little research and considering these factors, your wallet will thank you in the long run.

Ghost Towns of Arizona: Photography of Kurt Wenner Pueblo Grande Museum | through August 30 602.495.0901 | Phoenix.gov This exhibit features over 40 photographs of Arizona ghost towns, taken by Kurt Wenner between 1996 and 2006. Though many of the places and structures in the images no longer survive, this exhibit strives to tell the story that not all history is written by people who live in big cities. People find old, abandoned places fascinating, and certainly full of questions. Why was this town built? Who lived here? Why did they leave?


In Good Taste The Handlebar Tempe 480.474.4888 | HandlebarAZ.com

QUINOA SALAD WITH ROASTED BEETS QUINOA SALAD INGREDIENTS: 2 c cooked quinoa 1/2 c cooked beets large dice 1/2 c sugar snap peas bias cut into 1/4’s 1/2 c pomegranate seeds 1/2 c sweet garlic dressing (recipe follows) 4 tbsp crumbled feta cheese to top salads 4 leaves butter leaf lettuce Salt and pepper to taste

Calling all seasoned travelers! Want to impress your sweetheart or your fabulous family like never before? Consider planning a stylish summer trip and book your own private jet for an unforgettable weekend getaway. It’s the ultimate in luxury and convenience... and believe it or not, it’s more affordable than you might think. Whether you’re flying to San Francisco for a business trip or heading to cooler climes for a quick escape, private jets offer the perks of your own personal plane, available only when you need it. The biggest advantage? You will save a ton of time by not waiting on long lines at check-in and eliminating connecting flights altogether. How does arriving a mere 5 to 15 minutes prior to departure sound? And those long security lines? Yes, you skip those, too. Smaller private planes are also able to fly into smaller airports, which may be closer to your

SWEET GARLIC DRESSING INGREDIENTS: 1/2 c apple cider vinegar 1/2 c vegetable oil 1/2 c sugar 4 garlic cloves 1/4 red onion 1 tsp salt 1 tsp pepper 1 tsp Worcestershire SWEET GARLIC DRESSING DIRECTIONS: Mix together the oil, vinegar and sugar. Pour a small amount of the liquid in a blender with the salt, pepper, Worcestershire, garlic, and red onion. Puree until smooth. Stream in the remaining liquid with the blender running, turn off and adjust the seasonings as need. Yield: 2 Cups QUINOA SALAD DIRECTIONS: In a large mixing bowl combine the cooked quinoa, beets; sugar snap peas, and pomegranate seeds. Season these items lightly with salt and pepper, and then add the sweet garlic dressing and toss to combine. To plate: Place a leaf of butter lettuce in each of the 4 bowls and divide the quinoa salad evenly amongst the 4 bowls. Top each salad with a tablespoon of crumbled feta cheese.

Servings: 4

ultimate destination. This of course saves you additional time. In fact, aviation experts estimate you can save four and a half hours per flight each time you book a private charter plane. Charter jets offer several luxurious types of aircraft, depending on your destination, length of trip, and number of passengers. Plane varieties include small turbo prop planes and light jets all the way up to mid and heavy jets. Imagine a business flight during which you and your associates can work in comfortable conference-style seating maximizing efficiency in the air. If flying for pleasure, you’ll savor the catered cuisine that is nothing like standard airplane fare. And you’ll arrive at your destination refreshed after visiting the private restroom. And finally, you also get the advantage of choosing your travel companions. No more chatty passengers disturbing you if you want to catch up on sleep, no more crying babies if you’re trying to work, and no more lines for a shared bathroom. You’re also allowed much more freedom on board the plane, since it’s your own personal chartered plane.

The cost for these perks? You can expect to pay somewhere between $3,000 to $6,000 per hour of flight, depending on the class of airplane selected. So-called “empty leg” flights are one way to cut down on your expenses. Since approximately 40 percent of all private charter return trip flights fly with no passengers in the cabin, savvy fliers can book these fares at up to 50 percent off regular rates. So next time you’re looking to splurge a bit, consider whisking your sweetie off for a romantic getaway in Las Vegas or flying your extended clan off to a family reunion in Aspen, all in your own private jet. It will be the trip of a lifetime... and may be the beginning of a new way to travel. Wheels up, anyone?

you automatically reduce your energy usage when you are out of the house by adjusting the temperature so that your cooling system will run less while you are away. If your HVAC system is more than 10 years old, replacing the old system may be the way to go. A new system could better heat or cool your home making you more comfortable and saving you money in the long run. By investing in the highest energy rated HVAC system possible now, you are hedging your bets against higher energy costs in the future. The efficiency of central air conditioning systems is rated by a Seasonal Energy Efficiency Ratio (SEER). You can think of it as miles per gallon, the higher the SEER, the lower the utility bill. As of January 2006, the minimum allowable efficiency for new air conditioners is 13-SEER. Systems manufactured today range from 13 to 24-SEER. Air conditioners rated closer to 24-SEER can cost half as much to run as those with the minimum

JULY | AUGUST 2014 Peter Pan Arizona Broadway Theatre | July 11-August 17 623.776.8400 | AZBroadway.org “Second star to the right, and straight on till morning!” Known by many from the 1953 Disney movie, Peter Pan tells the story of the mischievous boy who can fly, who never ages, and who spends his never-ending childhood adventuring on the enchanting isles of Neverland as the undisputed leader of the Lost Boys. This summer, audiences are invited to sprinkle a little pixie dust and join Peter, Wendy, Michael, John and Tinker Bell on a magical adventure as they battle alligators and the notorious Captain Hook in Arizona Broadway Theatre’s high-flying and fanciful spectacle! Kierland Commons Summer Concert Kierland Commons | July 19 480.348.1577 | KierlandCommons.com Enjoy this complimentary concert in Center Plaza from 7-9 p.m. Chuck E. Baby will be playing classic rock favorites. Chuck E. Baby and the All-stars were voted as “Top 10 Finalist | Best Of” in the local band category for AZ Central Best 2013 Reader’s Choice Awards for the 5th consecutive year. Dr. John Talking Stick Resort | August 8 480.850.7734 | TalkingStickResort.com Dr. John is an ambassador to all things New Orleans. The man known as the Night Tripper will bring his life-honed sound to the Showroom at Talking Stick Resort. Known for songs like “Right Place Wrong Time” and “Down in New Orleans,” Dr. John’s musical footprint has spanned over five decades. He has won six Grammy Awards and was inducted into the Rock and Roll Hall of Fame by singer John Legend in March 2011.

COOLING EFFICIENTLY During the summer months it might be time to take a hard look at your cooling system and determine if you could save significant money by upgrading or replacing it. Heating and cooling is the biggest energy user in most homes, accounting for more than 40 percent of a home’s energy bills. A good first step is to have an energy assessment done on your home by an energy efficiency professional. The assessment can range from a simple walk-through up to a comprehensive audit that includes blower-door tests that pressurize the house so energy leaks can be detected and duct-blaster tests to test for integrity of the duct system. When looking for an auditor, look for someone with a Home Energy Rating System (HERS) rating. Your local utility company may subsidize the cost of the audit. Once you make your home more energy efficient with well-sealed ductwork and adequate insulation, a properly programmed thermostat is another way to save money on heating and cooling costs. Programmable thermostats let

Event Calendar

Anthem Sprint Triathlon Anthem Community Center | August 23 623.330.0913 | 4PeaksRacing.com This reverse order sprint triathlon will kick-off your fall season with a bang! The Anthem Sprint Triathlon, hosted in conjunction with Team Anthem Multisport Club, is held in a great location and on a fantastic course. Consisting of a 5km run, a fast 20km bike course and a 400m swim to the finish, The Anthem Sprint Triathlon is a great way to start your fall racing season. limit. Look for models with the Energy Star rating because those models are about 10 to 15 percent more efficient than standard models. Seek a qualified HVAC professional to do a load calculation to properly size your system. Your HVAC system is a big investment. By doing a little research and considering these factors, your wallet will thank you in the long run.

Ghost Towns of Arizona: Photography of Kurt Wenner Pueblo Grande Museum | through August 30 602.495.0901 | Phoenix.gov This exhibit features over 40 photographs of Arizona ghost towns, taken by Kurt Wenner between 1996 and 2006. Though many of the places and structures in the images no longer survive, this exhibit strives to tell the story that not all history is written by people who live in big cities. People find old, abandoned places fascinating, and certainly full of questions. Why was this town built? Who lived here? Why did they leave?


July | August 2014

Urban Phoenix

Specializing in Phoenix Lofts/Condos

Should We Sell During Summer? Did you know that 50% of the home sales nationally close during the summer months? Locally, many sellers time putting their home on the market so that it isn’t on the market during the warm months of July and August. However, putting your home on the market during the summer may be a competitive advantage!

Urban Phoenix Market Update Community Spotlight

BILTMORE LOFTS

Here’s why: • Less home inventory on the market during the summer months means that your home has less competition since there are less homes for buyers to choose from.

Located in the desirable Biltmore area, Biltmore Lofts consist of twelve three-story townhomes built in 2006. Known for having true loft-style design, each home is a three-bedroom floor plan, featuring spacious two-car garages, huge windows, high ceilings and a smooth stucco exterior finish combined with metal industrial accents. These townhomes range from 1,800 to 2,200 square feet and also feature a generous sized backyard and rooftop deck.

• Since 50% of annual sales close (nationally) during the summer months, we see an influx of buyers in the Valley who have sold their home out-of-state and are relocating to Phoenix. • Many summer buyers want their children to be able to start school in their new school district and would prefer to close quickly on the home that they purchase to be moved in before school starts. There really is an advantage to selling during the summer!

For more information about Biltmore Lofts, contact Kevin Owens at 480.217.9184.

To take advantage of this summer selling season, contact Kevin today!

KEVIN OWENS, REALTOR® Specializing in Phoenix Lofts/Condos

480.217.9184 kevin@fineAZliving.com www.fineAZliving.com

Kris Pesic, Escrow Officer

28 years experience with Old Republic Title in Camelback Corridor

602.631.3706 direct | KPesic@ortc.com 2375 E Camelback Rd #180 | Phoenix, AZ 85016

ADDRESS

SQFT

1 E Lexington Ave 308 783 One Lexington   1 E Lexington Ave Unit 306 734 One Lexington    1 E Lexington Ave 1405 777 One Lexington   914 E Osborn Rd 317 1,338 Artisan Lofts On Central   727 E Portland St 1 1,606 Portland Place   1 E Lexington Ave 409 1,169 One Lexington   513 E Ames Pl 7 1,626 Portland II   521 E Ames Pl 9 1,626 Portland II   517 E Ames Pl 1,626 Portland II   1326 N Central Ave 413 1,491 Artisan Lofts On Central   1 E Lexington Ave 1602 2,268 One Lexington

BED BATH

SOLD PRICE

SOLD PRICE PER SQFT CLOSE OF ESCROW

1

1

$179,900

$229.76

5/29/2014

1

1

$190,000

$258.86

5/20/2014

1

1

$249,835

$321.54

4/22/2014

1

2

$265,000

$198.06

5/22/2014

2

2

$285,000

$177.46

5/13/2014

2

2

$318,000

$272.03

6/11/2014

3

3.5

$329,000

$202.34

5/09/2014

3

3.5

$329,000

$202.34

5/30/2014

3

3.5

$330,000

$202.95

4/07/2014

2

2

$335,000

$224.68

4/22/2014

2

2.5

$980,000

$432.10

6/09/2014

Thinking of Selling?

Call Kevin Owens today at 480.217.9184 For informational purposes only. Your real estate professional is not a mortgage lender; please contact your Mortgage Advisor for information about mortgage products and your eligibility for home financing. If your home is currently listed, this is not a solicitation for that listing. Owned and operated by NRT, LLC.

Produced by Desert Lifestyle Publishing • 480.460.0996 • www.DesertLifestyle.net ISSN-1939-943X

Wheels Up! Leaving on a Jet Plane

Be Cool and Save Money

Reduce Your Air Conditioning Costs

The Handlebar’s Quick & Delicious

Quinoa Summer Salad

Biltmore Lofts Community Spotlight

Market Update From Kevin Owens Loft/Condo Specialist


Urban Phoenix Lifestyle