What is going on in the East Valley?

Written by: Noel Anderson –  April 9, 2019

I’ll tell you what’s going on, housing sales have exploded in the $250 and under category. Look at Gilbert.  As of this writing, there are only 11 houses (which includes condos, and Town Homes) listed for sale under $250K. If you have been looking in that price range, you know what I’m talking about. I’ve been working with a couple buyers in that price range. When a new listing pops up I’ve shouted, “honey! get your shoes on we gotta go!” Homes are going under contract in 2 days with multiple offers on the table.




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Newly renovated manufactured home. Like new! Beautiful inside and out. Sits on over an acre of land with pristine views of surrounding mountains. New laminate flooring in kitchen family and living room. Plush upgraded carpet in the bedrooms. Updated fixtures and ceiling fans throughout.. New electric stove, microwave and dishwasher. Kitchen has an enormous walk in pantry and large laundry off the kitchen. Formal living room and separate family room with cozy fireplace. Newly installed roof. Enjoy beautiful mountain views and starry nights on one of two newly built decks, front and back as well as a new porch at the side entry of the home. Bring your horses, chickens, ducks and livestock, and enjoy country living at it’s best.


State of the Arizona Housing Market 2019

I became an Arizona licensed Real Estate Agent in the fall of 2008. While attending real estate school, the housing market started to dive. I remember sitting in class thinking, “ It can’t go any lower, this has to be the bottom”. Unfortunately it did go lower and by the time I had graduated, received my license and established myself with a Broker, The US housing market experienced the worst housing crash in US history.

Nobody was selling, nobody was buying. Everybody was foreclosing. Arizona was one of the hardest hit areas in the US.

Ten years have now passed. The housing market has mostly recovered. The foreclosure inventory has all but dried up and people are once again Buying and Selling.

As we enter the start of 2019, here is the state of the Arizona Housing market.

Average new list prices are up +5.2% year-over-year. The year-over-year median is up +5.7%.

Total inventory has a month-over-month decrease of -1.2% while year-over-year reflects a decrease of -1.7%.

New inventory is down -12.4% month-over-month, while the year-over-year comparison increased by 1.0%.

In December, the 30 year fixed fell 4.63 percent the lowest point in three months. Mortgage rates have either fallen or remained flat for five consecutive weeks and purchase applicants are responding with an uptick in demand given these lower rates. The combination of a low unemployment and recent downdraft in rates should support home sales heading into the early winter months.

As of today, January first 2019 our economy still remains strong. Arizona unemployment is the lowest it’s been in decades and Arizona is one of the fastest growing states in the US. While we can’t predict what the rest of the year will bring, today’s outlook remains positive. I predict 2019 will be another banner year for real estate.

Average new list prices are up +5.2% year-over-year. The year-over-year median is up +5.7%.

Total inventory has a month-over-month decrease of -1.2% while year-over-year reflects a decrease of -1.7%.

New inventory is down -12.4% month-over-month, while the year-over-year comparison increased by 1.0%.

An increase is forecasted in December for average sales price while a slight decrease is expected in the median sales price.

Short sales dropped -63.0% year-over-year. Lender owned sales dropped -27.4% year-over-year.


Phoenix to be top housing market to watch in 2019

Phoenix will be one of the top housing markets to watch in 2019, according to a report from real estate website Trulia.

The analysis, released Thursday, highlights the 10 markets poised for growth in the coming year. Phoenix ranks No. 7 on the list, just behind Fresno, California and ahead of Columbia, South Carolina. Colorado Springs, Colorado topped the rankings.

Trulia examined the 100 largest U.S. metropolitan areas, measuring each on five metrics including job growth over the past year, vacancy rates, starter home affordability and percentage of the population under age 35.

The Valley’s strong job growth — 2.9 percent — in the past year, along with starter home affordability and low vacancy rates helped the market attain its spot in the rankings. According to Trulia, residents in Phoenix spend just 33.7 percent of their income on housing, which signals strong starter home affordability in the market. The Valley also has a ratio of 1.3 of inbound vs. outbound searches on Trulia’s website. That means more people are interested in moving to the market than those searching to move away.

Trulia’s report also zeroed in on the hottest neighborhoods in each top market. In the Valley, it’s Agritopia in Gilbert, which saw home values appreciate 14.6 percent year over year. Homes in the neighborhood also saw the average number of days on market drop by 18 days, according to Trulia.

As the local economy has continued to add jobs and grow, the housing market around Phoenix has seen a healthy year in 2018. Several home builders have scooped up land for new communities and restarted once-dormant projects to meet demand. A recent housing study found existing home prices climbed nearly 6 percent in October.

This article was taken from the Phoenix Business Journal and written by

  – Digital Editor, Phoenix Business Journal

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Arizona Ghost Towns


Travel any direction in Arizona and you’ll find an empty, abandoned town. Some are intact, some are nothing but rubble but all of them offer a glimpse into our history. The Arizona Regional Multi Listing Service (ARMLS) has pulled together a handful of abandoned burgs that offer more than just a peek into the past- something otherworldly is said to exist at each of these locations. These five villas truly put the “ghost” in ghost town.

Ruby, AZ

From 1877 to the 1940’s, this mining town in south Arizona produced the most lead and zinc in Arizona. But what it’s most famous for is the Ruby Murders. In the 1920’s, a group of bandits robbed and killed the two owners of the Ruby mercantile. The next year, the bandits returned and killed the new owners of the store. They were caught, but escaped and killed two more people. The bandits led police on one of the largest manhunts in the Southwest until they were eventually caught in 1922. Today, it’s one of the most well preserved ghost towns in Arizona with an incredibly eerie atmosphere. For a small fee, you can tour the grounds and visit the 25 existing structures.

Vulture City, AZ

Abandoned structure in old mining town

If you’re a fan of paranormal reality shows, you’re probably heard of Vulture City. From 1863 to 1942, the town just outside of Wickenburg became one of the top producers in gold throughout Arizona. But all that gold led to lots of greed. Those who were found guilty of murder or stealing were publicly hung from an old ironwood tree appropriately named the Hanging Tree. Due to the violence in this little town’s history, Ghost Adventures filmed an investigation of Vulture City (season 4, episode 7). If overnighters aren’t your thing, you can take a two-hour, guided tour with the owners.

Oatman, AZ

If you’ve seen “How The West Was Won” or  the 1955 “Foxfire” then you’ve seen Oatman, AZ. In 1915, two miners started the town in west Arizona while searching for gold. Within a year, the population reached over 3,500. But after a fire tore through the town and the mine closed, it became deserted. Today, tourist can visit the town to catch an old west-style shoot out or mingle with the wild burros that roam the streets. If you’re feeling especially brave, stop in for a bite at the Duram hotel to catch a glimpse of Oatie the Ghost, who visitors say still occupies the local hotel.

Jerome, AZ

While not totally deserted, Jerome is by far one of the largest. While it’s had residents since 700 BCE, Jerome received its first copper mining town in 1876. By 1900, the town was thriving and business was booming. And with a population that was 75% male, many of those businesses involved gambling, alcohol and prostitution. In fact, one national paper gave the town the moniker of “The Wickedest Town in the West“. One of those businesses was the United Verde hospital. It’s rumored that 9,000 people died within its walls. Today, it’s the Grand Hotel, where you can rent one of the nine rooms and experience things that go bump in the night.

Tombstone, AZ

Saloon in Tombstone, AZ

Tombstone, the town “too tough to die”,  is Arizona’s most famous ghost town. Founded in 1879 as a silver mining camp, the town became the county seat for Cochise county. It also became a hot spot for smuggling stolen goods across the border. In March of 1881, three outlaws robbed a stagecoach and killed a passenger. Deputy U.S. Marshall Virgil Earp, along with his temporary deputies and brothers Wyatt and Morgan Earp, pursued the murderers. Seven months later, the chase ended in a show down at the O.K. Corral where the Earp brothers and family friend Doc Holliday killed the outlaws. Visitors can watch a re-enactment of the gunfire multiple times a day, visit the shops and museums and try to spot the ghost of the outlaws that are said to lurk about.

Written by Madison G from ARMLS
Madison has been part of the ARMLS family since 2015. As the Content Editor, she brings an extensive background in writing, editing, communication and punnery.

6 Things Professional Burglars Don’t Want You to Know

Originally posted on Apr 21 2017 – 4:36pm by Housecall

By Krystal Rogers-Nelson

Even though a burglary occurs every 20 seconds in the U.S., you can still protect yourself without installing top-dollar security features.

Home burglary generally has a pattern; criminals are looking for an easy target they can rob fast. Learn from the pros. Here are six tips from career burglars you can use to defend your home and prevent break-ins.

1. Nighttime Burglaries Aren’t the Best Time

Burglars like to break in to homes during daytime hours—the last thing criminals want is to encounter someone at home. Weekdays are ideal for thieves, since weekend schedules are too unpredictable. Between 12:30 p.m. and 2:30 p.m. are the most popular times because there’s a high chance people will be away at work or school.

2. They Know When You’re Not Home—Thanks to Social Media

While it’s tempting to post about your vacation to your social media feed, wait to share those trip photos and exotic location check-ins until you’re back home. Criminals scout public social media accounts like Twitter, Instagram, Facebook, and Foursquare to find victims.

Locating someone’s home address using basic information from their social media profile is surprisingly easy. In one survey of convicted burglars, more than 10 percent say they used social media to determine who was out of town. The same survey found one burglar stole over $250,000 in electronics and jewelry from 33 women he saw in public—he used GPS data embedded in photos they posted online to find their homes.

Even if all your accounts are private, that old friend from high school or new neighbor down the street could be a potential criminal. Never post what times you’re not home or how long you’ll be out.

3. They Don’t Like Your Security Practices

Burglars want nothing to do with alarm systems (whether they’re from the best home security companies or not). Homes without a security system are almost 300 percent more likely to be targeted for a break-in.  If you do install an alarm system, make sure you guard it with a strong code. Don’t use your house number or birthday, and clean any dirt or grease off your keypad so a burglar won’t guess your code based off the numbers you’ve hit the most. Unlocked windows, unused deadbolts, poorly lit homes, and residences without security systems are prime targets for burglars, so make sure you are using the security features you already have.

Also, tricks that make it look like you’re home really work, professional burglars reveal. Burglars run from properties that look like people are inside. Motion sensor lights, bright flood lights, and timed lights are inexpensive security features for a home’s exterior that scare criminals away. TVs or radios left on, as well as cars parked in the driveway, make burglars nervous that someone is home.

4. Great Targets Advertise Their Weapon Supply

If you’re a proud gun owner, that won’t scare away burglars—it entices them. A gun is stolenroughly every two minutes in the U.S., so homeowners should be sure to always lock up their guns. NRA bumper stickers on a car or Smith & Wesson signs on a house advertises that there are lots of guns to steal.

5. Shrubs and Architecture Make Great Hiding Spots

Tall bushes are favorites of burglars since they offer an obstructed view from the street and an easy way to hide from neighbors. Keep shrubs and large landscaping features trimmed. If you want big plants by your windows, choose something thorny that will detract a burglar, like roses or cacti.

Think twice about large architecture features, too, like fences, half walls, and big fountains. Thieves are searching for crimes of opportunity, and such decor elements give a burglar more time to hide and plot their method of entry. The best defense is a clear view of your front porch.

6. Valuables in the Open Help Them Decide on a Target

Keep your expensive items out of sight. You’re making it too easy for a burglar by advertising the type of valuables they can steal. Don’t leave a new MacBook in front of your first-floor kitchen window, iPads on your living room ottoman, or even a nice car in a garage window with a clear sight line to the street. Key hooks—especially with labels for each key—need to be concealed out of view from windows, too.

“A burglar appreciates such kindness, but you will find it expensive when you have to replace all the locks after a break-in,” says Mike Fraser, former professional burglar and host of the BBC show Beat the Burglar.

Fraser also advises to leave large family calendars out of view. You’re inviting a break-in by detailing when you’ll be away, Fraser says. This advice goes for any ID documents, too. Mail or other personal information left in plain view is a gold mine for a criminal looking to easily steal your details for identity theft.