Jamie Geiger
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Phone: 480-216-4849
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Fax: 480-323-2852
2077 E Warner Rd #110
Tempe, Arizona 85284

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Archive for May, 2008

It’s personal

This post has nothing to do with Real Estate, but something dear to my heart. I am now a foster Mom for Bassett Hounds and Bloodhounds.  Here is a picture of my  first foster child Jesse

Basset Hound Rescue

A bloodhound mix.  He has a bad cold and I am nursing him back to health and hoping there is a family out there looking for a pet to adopt- but if not I will care for him- unconditionally.

Please spay or neuter your pets.  

Spoken by Jamie Geiger | Discussion: No Comments »

Buyers camping out to buy homes in Phoenix?

What year is this? 2005- no 2008-and buyers are camping out to buy homes? Check out the story

Mountain Bridge ModelsBlandford’s new community Mountain Bridge will start selling homes on Saturday.

“The developer plans to release at least 75 home sites Saturday morning and possibly more “if there’s enough latent demand,” said Joannie Flatt, a spokeswoman for the development.”

Apparently, the developer, Jeff Blandford plans to price the homes for the initial release at prices seen in 2002.

The models have been under construction the last few months with the sales office open for prospective buyers to see the homes under construction and view the plans for the community.

Mountain Bridge is south of McKellips Road, between Hawes and Ellsworth roads. There are some spectacular views of the city and mountains and just minutes from the last, yet completed, leg of the 202 freeway.

UpDate:  Fox 10 news covered this story tonight (Wed May 14).  People are camped out in RV’s and tents, hoping to get their choice lot.  They even have a “mess” tents setup for campers to eat at.  Many are repeat Blandford home owners and were very impressed with Blandford’s quality and customer service-my kind of builder.  Should be interesting on Saturday.

 

Spoken by Jamie Geiger | Discussion: 3 Comments »

1212 N Kenneth Place-Chandler Home for Sale

Recently reduced!!  Beautifully remodeled kitchen featuring Anderson wood windows in the kitchen and bay window. Upgraded cabinents, corian countertops and Sub Z fridge. 

Both bathrooms remodeled with jetted tub in the master, new fixtures and lighting. 

New paint and carpet throughout.  Large secondary bedrooms. 

The community features 2 community pools, tennis courts and large grassy area for the kids and pets to run.  Walking distance to elementry school and minutes from the Middle School and Corona High School.  Located in Corona Village.

Call for current pricing-480-216-4849

Spoken by Jamie Geiger | Discussion: No Comments »

Now this is comfort

He is snoring and I guess very comfortable- Waylon the Bloodhound

Spoken by Jamie Geiger | Discussion: 2 Comments »

Queen Creek Real Estate-Market Statistics April 2008

Queen Creek Real Estate April 2008

New Listings : 606
Pending Sales: 432

Sold Listings: 293

The total number of listings Queen Creek is currently 1918 , giving Queen Creek about a 6.5 month inventory of single family homes or absorption rate.

If you look at the number of new listings that hit the market in Jan 2008, there was a signifacant increase. This is a sign of the state of the market in Queen Creek- for the month of April the number of new listings in Queen Creek, 99% are short sales or REO properties.

The inventory is dropping, and it will be interesting to see how many of the short sales make it to sold, with the long response time from the banks on short sale offers.

Queen Creek Real Estate

Average Sales Price

 

Queen Creek Real Estate- New Listings vs Sold Listings

Queen Creek Real Estate- New Listings vs Sold Listings April 2008

Queen Creek Real Estate List Price vs Sales Price

Queen Creek Real Estate-Listing Status

Queen Creek Real Estate Market Statistics-April 2008

 

Search all homes for sale in Queen Creek

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Tempe Real Estate-Market Statistics April 2008 Tempe Condos

Tempe AZ Condos-Market Statistics April 2008

New Listings : 134

Pending Sales: 35

Sold Listings: 25

The total number of listings (Condos) in Tempe is currently 426 , giving Tempe about a 17 month inventory of condos or absorption rate.  As a note- Tempe has several upscale , luxury condo projects in process, that may be skewing the data.  If you are looking for an urban loft or luxury condo in Tempe,  you may want to check out some of the new developments in Tempe such as Centerpoint, Bridgeview and several others. 

 

Tempe AZ Condos-Average Sales Price April 2008

Tempe Condos Average List vs Sold Price April 2008

Tempe Real Estate-Avg Price vs Sales Price

Tempe AZ Condos Listing Status

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Tempe Real Estate-April Market Statistics-Single Family Homes

New Listings : 168

Pending Sales: 48

Sold Listings: 69

The total number of listings (single family homes) in Tempe is currently 511 , giving Tempe about a 7 month inventory of homes or absorption rate.

March and April showed an increase in sales price.

Tempe Real Estate-Tempe Home Sales

Tempe Real Estate-Average Sales Price

 

Tempe Real Estate

 

 

Tempe Real Estate- Listing Status

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Chandler Real Estate-April 2008 Market Statistics

New Listings : 573

Pending Sales: 334

Sold Listings: 248

The total number of listings (single family homes) in Chandler is currently 2037 , giving Chandler about a 8 month inventory of homes or absorption rate. Including in the current inventory of homes for sale in Gilbert 168 are bank owned (REO) and 235 are short sales.

In April 2008, 56 of the homes sold in Chandler were REO and 28 were short sales, so the percentage of distressed home sales was approx 34%.

April showed an increase in sales price, but there were several 1 mil + homes that sold, that may be a false positive to this months increase in ave sales price. The average sales price dropped 10% from since Sept 2007.

New listings in Chandler outpaced sales, which will indicate an increased inventory- This is a new metric I will be tracking-Chandler Real Estate inventory (current active listings)

Chandler Real Estate-April Market Statistics

Chandler Real Estate List Price vs Sale Price

Chandler Real Estate- New Listings vs Sold Listings

Chandler Real Estate-New Listings vs Sold Listings

Chandler Real Estate-Listing Status

Chandler Real Estate-Listing Status

 

Spoken by Jamie Geiger | Discussion: No Comments »

Lead Based Paint-Phoenix Real Estate

I was watching Extreme Makeover Home Edition and the story tonight is about a family taking in foster children, and they find the house has lead based paint and when the kids where tested they found evidence of lead based paint in their systems. Scary!!So I thought I would do a little research on Lead Based Paint poisoning.

From the EPA website

“Lead is a toxic metal that was used for many years in products found in and around our homes. Lead also can be emitted into the air from motor vehicles and industrial sources, and lead can enter drinking water from plumbing materials. Lead may cause a range of health effects, from behavioral problems and learning disabilities, to seizures and death. Children six years old and under are most at risk”

The most common source of lead poisoning is lead based paint. Other sources include contaminated dust and soil.

Additionally, if a home with lead based paint starts peeling and falling to the ground, those surfaces can become contaminated.

In Phoenix, all homes built before 1978 require any evidence or knowledge of Lead Based Paint to be disclosed. Homes built prior to 1960 may have a higher concentration lead based paint (as high as 50% lead by weight) than those built between 1960 and 1978.

Removing lead base paint can be an expensive and extensive procedure. You cannot just paint over lead paint as it will seep through.

Paint chips, dust, and paint removal wastes containing lead will likely be regulated as hazardous waste and must be collected for disposal.

If you suspect your home may contain lead based paint- call a professional for an evaluation and recommend abatement procedures.

Spoken by Jamie Geiger | Discussion: No Comments »

Gilbert Real Estate-April 2008 Market Statistics

Gilbert Real Estate April 2008- List Price vs Sale Price

New Listings : 663

Pending Sales: 358

Sold Listings: 273

The total number of listings (single family homes) is 2464, giving Gilbert about a 9 month inventory of homes or absorption rate. Including in the current inventory of homes for sale in Gilbert 200 are bank owned (REO) and 310 are short sales.

In April 2008, 66 of the homes sold in Gilbert were REO and 43 were short sales, so the percentage of distressed home sales was approx 40%.

Prices continue to decline. The average sales price dropped 4% from March 2008 and since Sept 2007,  the average sales price has dropped 18%

Gilbert Real Estate Market Statistics

Gilbert Real Estate- Average Sale Price- April 2008

Gilbert Homes- Listing Status -April 2008

 

Gilbert Homes Sold-REO vs Short Sale vs Normal

All data has been taken from the ARMLS system- data is deemed reliable but not guaranteed

Spoken by Jamie Geiger | Discussion: No Comments »

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