Welcome! Here You Can Find Great Real Estate Information on Gilbert, Queen Creek, Chandler, Mesa, Scottsdale, Apache Junction, Tempe & Surrounding Cities in the Phoenix, Arizona Area  Looking for homes? Search everything the web has to offer, right here! Don't miss our Feature Homes. Need local real estate information? We've summarized much of what is important about the Gilbert, Queen Creek and Chandler real estate market in this site. Need expert advice? No web site, large or small, can take the place of a top real estate agent. Not even ours! This site is filled with ways that you can contact us for one-on-one expert help and advice. That's our job. Contact us with confidence! We guarantee your privacy will be respected. And we offer the services on this site for free and without obligation. Why? We want to be YOUR real estate agents. As your trusted, professional real estate partners, we will help you find the best home in your area within your price range. And together we will sell your home, for as much as the market will bear, and as quickly as possible. Buying and selling a home is one of the biggest events in your life. As top Gilbert, Queen Creek and Chandler real estate agents, we have the experience and track record you are looking for. Please let us help. - The Bill & Cindy Flowers Team
Gilbert named 28th top place to live
by Mike Walbert - Jul. 14, 2008
The Arizona Republic Gilbert made it into the top 30 of the best small cities to live in the country, according to new rankings released by Money magazine. The town ranked 28th, with the magazine noting Gilbert's park and shopping development, schools and attempts at "retaining the charm" of downtown Gilbert. Of the Arizona cities on the top-100 list, Gilbert rated the highest, beating out Chandler (No. 30), Scottsdale (No. 47) and Peoria (No. 55). Gilbert last found itself on Money's "best places" list in 2006, coming in at No. 16.
Gilbert Councilman Dave Crozier said the ranking showed there is synergy occurring between town leader and resident efforts to make Gilbert an attractive place to live. "Bottom line, it seems like a lot of people care here," Crozier said. "They care and really want to see this community become a community of excellence." Plymouth, Minn., topped the magazine's annual list, with Fort Collins, Co., Naperville, Ill., Irvine, Calif., and Franklin Township, NJ, rounding out the top five. Info: http://money.cnn.com/magazines/moneymag/bplive/2008. 
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Your Experts
Bill & Cindy Flowers Team
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Copyright © 2008 Realty Times
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Sell Faster When You Understand The Buyers Mindset
 When most sellers list their home for sale the first thing they think about is how much will I get and that is usually followed by how soon will I get the money. It's certainly understandable that those two concerns are, most often, top of mind. After all, you're likely selling your home to buy another one or invest the money in something else.
But, if as a seller, you can get into the buyer's mindset, the sale of your home can come faster and for more money.
Understanding the way buyers think
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involves seeing things not from your perspective but from your potential buyer's mindset. It can sound easy but actually it's often harder to do than most sellers think. The psychology of buying is driven by emotional experiences, money,
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What You Should Know
About A Buyer's Market
 More home buyers have a better chance now than at any other time in nearly a half decade to negotiate a home-buying deal that costs less and comes with some concessions thrown in.
In many locations, buyers will find a glut of new homes, more motivated sellers, foreclosures, auctions, short sales and other market conditions that can make it a really good time to buy.
That doesn't mean throw caution to the wind.
Here's how to begin to navigate today's housing market, step-by-step, and make a good deal without getting taken.
 Begin with making a personal "right-time-to-buy" decision. If you stretch financially beyond your means to go after lower-priced homes, foreclosures or short sales, you could be setting yourself up for failure. Today's housing market is littered with home owners who borrowed more than they could afford.
On the other hand, if you wait for
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Investor Report: Section 1031
 AHere's some great news for the thousands of real estate investors and brokers who use "Section 1031" (ten thirty-one) tax-deferred real exchanges every year: Congress has backed off its latest plan to narrow the definition of "like kind" for real estate swaps.
That's important because under current tax law, real estate investors have broad flexibility in choosing properties and structuring exchanges. For example, they can exchange a rental house for farmland, an apartment building for a commercial shopping strip. They can even exchange office buildings for mineral rights.
Given the tight statutory timetables to choose qualified properties for exchanges, that flexibility can be crucial.
Other types of investment assets, by contrast, get much stricter treatment under the tax code -- and that difference in treatment opens the door to periodic attempts by green-eyeshade tax reformers on Capitol Hill to raise federal revenues by cutting down the number of eligible real estate exchanges.
If you could only swap a rental condo for another rental condo, cornfields for cornfields or commercial buildings for commercial buildings, there'd be a lot fewer exchanges every year -- and probably a lot more IRS audits of taxpayers to make sure the properties
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After months of declines, existing-home sales up, low interest rates & bargains are helping
From the Arizona Republic on March 25, 2008
Existing-home sales climbed unexpectedly in February, as home buyers took advantage of low interest rates, falling home prices and foreclosure bargains.
The uptick in resales ended multiple-month losing streaks both nationally and in metro Phoenix and is prompting speculation that the housing market is close to hitting bottom.
National figures for February show U.S. resales climbed 2.9 percent from January, according to the National Association of Realtors. Valley existing-home sales climbed 10 percent in February, according to figures released earlier this month from realty studies in the Morrison School at Arizona State University.
With the spring buying season under way, March resales in the Valley are on track to top February's pace, according to an early count from Phoenix real-estate data firm Information Market.
"We are still bumping along the bottom, but the Valley's housing market is starting to gain some traction," said Jim Sexton, president of Phoenix-based real-estate firm John Hall & Associates. "Sellers are getting more motivated. Prices are coming down, and there's a lot of activity from first-time home buyers again."
He said foreclosure bargains are also beginning to attract real buyers instead of just speculators.
In metro Phoenix, the median price of a used single-family home fell to $220,000 in February from $230,000 the month before. Nationally, the median home price was $195,900 in February, down from $201,100 in January.
Jay Luber, vice president of the Phoenix office of First Horizon Home Loans, said many potential buyers are still "making the mistake" of trying to gauge when the market will hit bottom.
"But nobody can predict the bottom, and I have several clients that didn't have homes to sell who are thrilled with the deals they made when they bought," he said.
Home sales and prices, locally and nationally, are both down substantially from the pace set in February 2007.
During a boom or downturn, month-to-month figures are a better indicator of where the market is headed.
Lawrence Yun, chief economist at the Realtors Association, called February's gain over January encouraging.
"We're not expecting a notable gain in existing-home sales until the second half of this year, but the improvement is another sign that the market is stabilizing," he said.
New-home sales in metro Phoenix were down less than 2 percent in February. National figures will be released later this week.
A drop in the number of homes for sale will be another sign that the housing market is poised to stop slowing. Home listings in the Valley climbed by a few hundred in February, to top 53,000. But that figure is down from last fall, when there were more than 54,000 homes for sale across metro Phoenix. Nationally, listings fell by 3 percent in February.
Across the country, tougher credit standards are knocking some potential buyers out of the market, and lenders are expected to get even tougher as mortgage losses mount.
Foreclosures continue to be the wild card for the housing market. As long as the number of people losing their homes continues to climb, inventories of homes for sale will rise and home prices will likely keeping falling.
Tom Ruff, real-estate data analyst with the Information Market, said foreclosures aren't likely to peak in the Valley until late summer.
"But I am optimistic," he said. "I feel like we are finally approaching the housing market's bottom."
Bill & Cindy's Gilbert Real Estate Market Update!
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Read about the events shaping the Real Estate market today, find current interest rates, or browse the extensive library of advice and how-to articles written by some of the top experts in Real Estate. Updated each weekday.
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Bill & Cindy Flowers Team, Realtors,Associate Broker,CRS,ABR,B.S. in Marketing
E-mail: Flowers@Realtor.com
Web: http://www.FlowersGetResults.com
480-545-9300 |
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Keller Williams Legacy One Realty
480 545-9300
1166 S. Gilbert Road, Ste. 106
Gilbert, AZ 85296
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Real Estate Contracts >Contingency Contracts
Buyers walk into your home in your area and fall in love with it. There is one problem--they will have to sell their home before they can buy yours. Their offer contains a contingency clause which makes the purchase dependent upon selling their present home. Should you accept such an offer?
Your decision should be based on several factors. Is their home being professionally marketed at this time, or are they trying to sell it themselves (a risky proposition!)? How long has it been on the market? Is it overpriced? If the house doesn't sell, can the buyers take out a bridge loan or make other arrangements to get to the closing table? How important is timing for you? Will the buyers agree to let you continue marketing your home and accept a non-contingent contract (and void theirs) if their house does not sell? Contingent contracts often work out well, but you need the help of a professional to weigh the pros and cons.
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| Q |
What is the legal term used to describe the right of the U. S. government to condemn private land for public use?
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Right of Eminent Domain allows the government to confiscate private land by paying full market value for the property. |
 See More Real Estate Trivia > |
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