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ON E OF A R I ZON A’ S N AT U R A L R E S O U R C E S

JANUARY 2012

Nate Martinez Team A few weeks ago I attended a local event hosted by Fidelity National Title Agency called the Crystal Ball Conference. The information and purpose of the half-day seminar was to give us a glimpse into the future, or in other words, the “crystal ball” for the 2012 real estate market. I thought you might enjoy reading what I learned and the projections for the next year in the Phoenix Market.

improvement to the REO supply of inventory means a shift in the focus of real estate sales next year – it is speculated that 2012 will be the year of the short sale listings.

· With the lowest inventory we have seen since 2005, there is no longer a glut of future foreclosures looming over our Arizona housing market.

Just at Bank of America alone, they have geared up to handle the short sale approval process by putting over 3,000 employees to work in their short sale division. Arizona home loan delinquencies are Let’s start with realistic numbers – as of today the down by 32.1% which puts Arizona in the top spot inventory for Maricopa County: compared to all other states. The drive in the market next year will be a continued effort to · Active listings for sale: 15,850 improve the housing economy by reducing the number of underwater loans by way of a short · Pending (or under contract) homes: 15,596 · Short Sale listings under contract, pending bank sale. Here are additional facts and information that was shared at the Crystal Ball Conference: approval: 10,000

As my team inventory has shifted dramatically, I will also be focusing more of my attention to reaching out to our past clients, friends and family of those clients to offer them short sale assistance. The 2012 real estate market looks very favorable for homeowners who are struggling with an underwater mortgage. Now is the time to shift your attention as well – from the negative stigma of foreclosure and the bad housing market and consider a fresh start in the New Year.

When the crash of the market began in 2008-2009 we saw listing inventory soar into the 60,000’ish range of homes for sale. Today, we have less than a 30 day supply. Here are some additional numbers which help paint the inventory picture: · HUD listings are down by 83% · REO listings (Fannie, Freddie Mac, etc) are down by 68% · Short sale listings are down by 72% · Normal (equity sellers) listings are down by 33% So what does all this mean for 2012? According to what I learned at the Crystal Ball, the

· Bank Panelists concurred that they want to increase their short sale approvals for 2012 and are currently hiring more people on their teams. · Banks would rather approve a short sale than foreclose. · In Arizona, short sales tend to sell for a higher list price, so more short sale approvals could possibly trend our values up. · Only 2 years ago, banks handled delinquent mortgage almost exclusively by foreclosure today that rate is down to 32.1% from 2009 the biggest drop than other state in the nation.

We have a full service, trained and experienced short sale department – and we want to help you. If you or someone you know would like to learn more about the short sale options available, including up to $4,500 CASH relocation assistance, please call 602-942-7000 or email Nate@NatesHomes.com today. I look forward to helping you achieve your 2012 personal and financial goals!

NATE & TEAM. www.AZShortSaleResource.com 

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7 1 1 1 W B e l l R d S u i t e 1 0 1 . G l e nd a l e , A Z 8 5 3 0 8 O: 602.942.7000 | TF: 800.284.1158


Please call us TODAY to view one of these Price-to-Sell Properties! Don’t have cash? Use your SmartPhone to scan Now you can download the iPhone app Visit NatesHomes.com the QR Code to start qualifying at NatesHomes.com for a loan now!

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New Listing’s Coming Soon!

ADDRESS

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PRICE

ADDRESS

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5531 W Edgemont Ave 7801 N 44th Dr #1048 202 W Peretz Cir 10411 W Clair Dr 10419 W Montecito Ave 3002 W Wethersfield Rd 7101 W Beardsley Rd #1062 2402 W Apollo Rd 10219 W Pineridge Dr 6514 W Sunnyside Dr 14008 N Del Webb Blvd 1422 W Mountain Sky Ave 3405 S 198th Ave 12836 W El Sueno Dr 17930 W Marshal Crt 30946 N 120th Ave 619 W Southgate Ave 8112 N 31st Dr 2021 E Osborn Rd #14 2312 M 51st Dr 3301 E Earll Dr #210 2423 E 7th St 7720 W Glenrosa Ave 4540 W Kristal Way 308 E 2nd Ave 7202 W Desert Cove 387 N 2nd Ave 2F 12837 W Roanoke Ave 7968 W Mary Jane Ln 3146 E Merrill Ave 11743 W Villa Chula Ln 3164 E Winged Foot Dr 25504 N 54th Dr 33013 N 24th Ln 16718 E Trevino Dr 12818 W Peoria

Phoenix Glendale Morristown Sun City Phoenix Phoenix Glendale Phoenix Sun City Glendale Sun City Phoenix Buckeye Sun City West Litchfield Park Peoria Phoenix Phoenix Phoenix Phoenix Phoenix Tempe Phoenix Glendale Buckeye Peoria Phoenix Avondale Peoria Gilbert Sun City Chandler Phoenix Phoenix Fountain Hills El Mirage

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$34,900 $39,900 $52,775 $59,950 $69,959 $79,000 $95,000 $99,000 $100,000 $108,500 $129,900 $169,900 $239,900 $240,000 $323,000 $1,000,000 $25,000 $27,000 $30,000 $39,900 $40,000 $45,000 $49,900 $50,000 $59,900 $60,000 $94,900 $109,000 $109,900 $115,000 $138,750 $150,000 $190,000 $200,000 $250,000 $304,900

8544 W Bloomfield Rd 6837 W Caron Dr 6736 W Carson Rd 2833 E Cheryl Dr 8533 W Corrine Dr 25788 W Elizabeth Ave 8870 W Hilton Ave 15535 N Lasso Dr 6316 W Sweetwater Ave 12336 W Villa Hermosa Crt 17200 W Bell Rd #2189 17662 W Browning Dr 9907 N 87th Ln 2131 W Verde Ln 3538 N 143rd Ln 1425 S 219th Dr 8416 N 34th Ave 18247 N 37th Dr 3240 N 42nd Dr 7202 N 45th Ave 20720 N 58th Ln 4015 N 60th Dr 10013 N 77th Ave 1502 S 82nd Dr 2825 N 85th Ave 4440 W Altadena Ave 7316 W Carol Ave 9933 W Chipman Rd 11517 W Corrine Dr 6714 W Darrel Rd 5214 W Desert Hills Dr 25235 W Jackson Ave 13031 W Lawrence Rd 7232 W Mariposa Grande Ln 3630 W Menadota Dr 15493 W Montecito Ave 11349 W Pinehollow Dr 16158 W Redfield Rd 7139 W Roma Ave 7665 W Sells Dr 5244 W Sierra St 7744 W Topeka Dr 3818 N Trayton St 7157 W Vermont Ave 7361 W Yucca St

Peoria Peoria Laveen Phoenix Peoria Buckeye Tolleson Surprise Glendale Sun City Surprise Surprise Peoria Phoenix Goodyear Buckeye Phoenix Phoenix Phoenix Glendale Glendale Phoenix Peoria Phoenix Phoenix Glendale Peoria Tolleson El Mirage Laveen Glendale Buckeye Glendale Peoria Glendale Goodyear Surprise Surprise Phoenix Phoenix Glendale Glendale Buckeye Glendale Peoria

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1 2.5 2 1.75 2 2 2 2 1.75 1.75 2 2 4 2 2.75 4.5 2 2 2 2 2 2 1 2 2 2 1.5 2.5 2.5 2 2 2 2 3 2 3.5

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RE/MAX Professionals Home Hotline gives you access to information in English & Espanol on virtually every property in the MLS, 24/7 from any phone!

1035 914 2712 2719 1021 1868 1436 1280 4595 3226 617 0 996 1370 1264 1127 0 1430 1495 0 2481 0 1947 1834 1768 1698 1512 1612 1518 2565 1037 1252 1949 3750 1708 1701 1368 1647 1940 1789 905 1283 4947 1642 945

LOTS FOR SALE: • 1 : Call our 24/7 RE/MAX Professionals Home Hotline number - 602-277-3111 • 2 : Enter the house # (ie: 123 Main St. you would enter 123 on your telephone keypad) • 3 : Hear property details and follow the prompts to hear additional information

22499 W Dove Valley Rd 6439 N 75th Ave 143XX W Oberlin Way 143XX W Oberlin Way 143XX W Oberlin Way 143XX W Oberlin Way 143XX W Oberlin Way

Wittman Glendale Surprise Surprise Surprise Surprise Surprise

409,202 133,294 237,222 49,528 49,543 49,567 49,557

$30,000 $36,900 $34,900 $14,900 $14,900 $14,900 $14,900

For every home we sell, a donation will be made to the Children’s Miracle Newtwork on behalf of, and in the name of, the Buyer or Seller!


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Greg Milroy Ethan Maurice George Pacheco Jr Brigitte Van Wegberg Brian Dimas Bridget Gessel Jim Decker Danielle De Moss Victor Einfeldt James Hobin Sue McPhee Erza Wallake Teressa Partridge Robert Scutari Larissa Bliss Tianna Gilsdorf Paul Sorma Marlene Foulke Gary Bennett Nathan Bennett

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Wendy Reser Lorenzo Espinoza

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Kyle Brinton Brett Johnston Rob Eisner Ross Rudisill Patrick Young

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Dennis Michie Emilio Galindo Rod Stevens Luke Updike Charles Rigg Walter Elias Conner LaPorte Mely Robayo Bruce Halpin Erika Maurice Cindra Garthwaite

1/10 Guy Heard Brenda Blue

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Alisha Holman Robert Burt Lisa Doung Wendy Chen Salina Calles Cheryl Addabbo Mercedes Redder

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Ricky Delgado Bhakti Patel Steve Vallenari

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Bryan Schrader Ryan Ellis Heath Lindquist

Ashlyn Franklin Carrol Davis Lisa Spencer Joy McCain Felicity Barrett

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Micah French

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Carol Hershberger Katelyn Lardy Eric Johnson

1/13 Gerald Gliva David Meyer Laurel Miller Ashley Burrola Adrienne Picasso 1/14 Shelly Vallenari Carmen Fury Alyson Yeck Kendra Miller

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John Stark Kayla Ogden Jack Smith Cindy Annulli Caleb Maxson

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Gordon Wolfe Lupe Calles

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Cody Aranda

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Lori Wyatt Yash Khanchandani Erin Marsteller Tara Schwab

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Sara Peterson Cathy Raty Aurora Stamper Janet Johnson

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1/21 Cristi Erickson Amy Marroquin Heidi Felan David Fenstermaker Gizelle Cano

Shannon Biddle Jerry Skinner Bev Kratochvil Beverly O’Toole Renee Taylor Jim Wyza Christina Bruce Tricia Maxson

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Gina Mingori Linda Bristow Laura Eisner Kali Swichtenberg

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Joanne Ach Erika Delgado Tim Kendrick

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Arleste Pietrofeso Vivian Aranas

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Paul Betz Aaron Tsubata Jill Scalice Nathan Moya Robert Howard

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Jamie Chisholm

• Don’t see your name? Email or call us with your birthday!

We l Referrals!

We want to THANK each of you who referred our services in 2011! If you or someone you know is thinking of making a move in the New Year – call us to find out why all these people are talking about us! Curt Klenz, RE/MAX Realty 100 Dave Ramsey, Dave Ramsey Show Glenda Daughety Team, RE/MAX First Troy Reeves, RE/MAX Alliance Group Amada DiVito Parle, RE/MAX Alliance Jan Brito, Long & Foster Real Estate Kristine Cole, Keller Williams Kent Eley Team, Century 21 New Millennium Allen Ginsbert, Coldwell Banker Wayne Campbell, Southern Investments Realty Howard Roth, RE/MAX Catalina Foothills Realty Bob and Mary Tamin, Past Clients Robert Crowe, RE/MAX Real Estate Services Tad Lake, RE/MAX RHC Realty Monty Low, Past Client Terri Lynne McNaughton, McNaughton Real Estate Jonni Francis, Coldwell Banker Andrew Meyer, RE/MAX Peak Properties

Janelle Sedillo, RE/MAX Peak Properties Nick and Ariana Vieron, Past Clients German & Cece Morales, Past Clients Melina Camey, Prudential California Realty Linda Keller, RE/MAX in Denver Kevin Cook, The Cottage Realty Brett & Sunny Johnston, Past Clients Mike Moreni, Anaconda Realty Melissa Yost Fuentes, RE/MAX Casa Grande Nancy Bashore, RE/MAX Alliance Paul Raymant, Onterio JoAnne Donna, New Innovations Realty Julie O’Toole, RE/MAX Sun Properties Jason Marsteller, Past Client Leigh Brown, RE/MAX Executives Realty Cartus Relocation Services Sam Miller, RE/MAX Stars Realty Nathan Kimes, RE/MAX Peak Properties

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Mr. and Mrs. Robert Burt Mr. and Mrs. Michael Barrett Mr. and Mrs. James Nettles Mr. and Mrs. Mike Hord Mr. and Mrs. Gerald Mallory

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Mr. and Mrs. Scott Kelley Mr. and Mrs. Jon Fritch Mr. and Mrs. Victor Carlson Mr. and Mrs. Joseph Mitrick

• 6.3 million homeowners are in some stage of foreclosure. • 10.9 million or 22.5% homeowners with a mortgage owe more thanthe property is worth. • A foreclosure remains on a credit report for 7-10 years. • One foreclosure lowers the value of neighboring properties by 9 percent. If you or anyone you care about is hoping to avoid ending up among the statistics, I can help. I’ve developed an informational report on solutions available to financially challengedhomeowners that you can download from here:

As a Certified Distressed Property Expert (CDPE) I’m distinctly qualified to help homeowners facing the stress of an unaffordable mortgage to steer clear of a foreclosure and determine the solution that best meets their needs. If the market and your mortgage have tossed you a curve, you’re not alone.

602-942-7000 | www.NatesHomes.com | www.NatesLuxuryHomes.com


7111 W Bell Rd Suite 101. Glendale, AZ 85308 P: 602-942-7000 E: Nate@nateshomes.com www.NatesHome.com www.NatesLuxuryHomes.com Each office independently owned and operated

What is your 2012 New Year’s Resolution? If making a move is on your list of New Year’s Resolutions but your property is underwater, you need to consider a short sale. You may qualify for HAFA Relocation Assistance up to $4,500 CASH! CONTACT ME TODAY to learn more.

PC!hase SoTu hO ave a learn how

Do y all me to me C ho age? your t r o M g u can sell up to e yo eceiv and r SH!

00 CA $35,0

For a market snapshot of your home, visit NatesHomes.com

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Profile for Nate Martinez

Nate's Team Newsletter Jan 2012  

Nate Martinez Team Real Estate Newsletter for January 2012

Nate's Team Newsletter Jan 2012  

Nate Martinez Team Real Estate Newsletter for January 2012

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