July 2015 ~ Phoenix East Valley Real Estate

Monday, July 27, 2015

Phoenix East Valley June 2016 Housing Market Trends

11:54 AM

Swee Ng

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Phoenix East Valley June 2016 Housing Market Trends

Posted on July 27, 2015

Ahwatukee, Chandler, Gilbert, Mesa & Tempe
Single Family Home
Median Sold Price (June 2014 - June 2015)

Phoenix Housing Market Trends June 2015

Active Listing (Inventory) in Ahwatukee. Chandler, Mesa and Tempe has Decreased from May 2015
Median Sold Price in Ahwatukee, Chandler and Gilbert has Increased from May 2015
Number of Homes Sold in Chandler, Gilbert & Mesa has Increased from May 2015
Overall DOM (Days on Market) in Chandler, Mesa and Tempe has Decreased from May 2015
Observation: For homes for sale that are listed under $300,000, it is Seller's Market.

Ahwatukee, Chandler, Gilbert, Mesa, Tempe Housing Market Trends June 2015

June 2015 Phoenix Housing Market Trends & Statistics

	Ahwatukee	Chandler	Gilbert	Mesa	Tempe
New	195	482	623	664	161
Pending	73	258	347	371	94
Sold	135	449	608	643	139
Current Active	460	1,009	1,219	1,377	282
Median Sold Price compare to last month	+1.0%	+0.5%	+1.7%	0%	+3.4%

As 7/1/15. source armls. Information is deemed to be reliable, but is not guaranteed.

How to buy house in Phoenix AZ for low down payment

You might be interested:
Ahwatukee Real Estate Housing Market Trends June 2015
Chandler Real Estate Housing Market Trends June 2015
Gilbert Real Estate Housing Market Trends June 2015
Mesa Real Estate Housing Market Trends June 2015
Tempe Real Estate Housing Market Trends June 2015

Affordable Financing Options Available for Buying Home in Phoenix AZ
Several low down payment financing options including; FHA ~~3.5%~~ 0.5% Down Financing, Conventional 3% Down Payment, Down Payment Assistance Program, VA ZERO Down Financing, Conventional Financing and others are available. Contact Us to find out what loan programs you qualify for. Learn more about how to buy a house in Phoenix AZ with a low down payment.

View Ahwatukee Homes for Sale
View Chandler Homes for Sale
View Gilbert Homes for Sale
View Mesa Homes for Sale
View Tempe Homes for Sale

Free Phoenix AZ MLS Home Search

Selling Your Home in Phoenix, Arizona?
Contact Us or call Swee Ng, Phoenix Real Estate Agent at 480.721.6253 today to discuss your potential Phoenix House Value and our comprehensive marketing plan. We will prepare complimentary competitive market analysis (CMA) to find out what your Home is worth at today’s market.

What's My Phoenix Home Worth?

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View your Phoenix AZ house value instantly for free

Swee Ng, Realtor with Keller Williams Realty, specialize in Residential Resale, First Time Home Buyer and Investment Homes.

If you are looking to buy or sell your home in Phoenix AZ area, we hope you will consider us.

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Tempe AZ June 2015 Housing Market Trends

11:53 AM

Swee Ng

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Tempe AZ June 2015 Housing Market Trends

Posted on July 27, 2015

June 2015 Tempe AZ Real Estate Market Highlight:

Active listing (Inventory) has Decreased 0.7% from May 2015
Median Sold Price has Decreased 0.8% from May 2015
Average Sold price has Decreased 2.5% from May 2015
97% of Single Family Detached Homes sold are Traditional Sale
Most expensive home sold in June 2015 in Tempe was sold for $1,089,900 Click here to view

Tempe AZ June 2015 Housing Market Trends

Here are Tempe AZ Real Estate – Single Family Detached Home statistics for June 2015. Be sure to Contact Us, if you have any questions about this report or about how the market is performing. This report includes MLS data for the past 12 months for Tempe AZ provided by the FlexMLS system.

You might be interested:
Ahwatukee Real Estate Housing Market Trends June 2015
Chandler Real Estate Housing Market Trends June 2015
Gilbert Real Estate Housing Market Trends June 2015
Mesa Real Estate Housing Market Trends June 2015

Tempe AZ May 2015 Closed Sales Report Analysis:
We saw a 4.8% decrease in the number of closed sales in June 2015 compared to the prior month. The statistics show that we had 139 residential Single Family Detached Homes sold in June 2015 in Tempe AZ compared to 146 in May 2015. This compares to 128 closed sales in May of last year. In today’s market sellers need to continue to be diligent in pricing when putting their homes on market for sale.

Based on statistic data, June 2015 Days on Market (DOM) is 64 compare to 49 in May. This is about 30% increase and to take about 2 months to sell a house in Tempe AZ.

Tempe AZ May 2015 Average Sold Price Analysis:
June 2015 Average Sold Price for Single Family Detached Homes in Tempe AZ is $288,873. This Average Sold Price has decreased 2.5% from May 2015.

As a reminder, you need to meet with a real estate professional to see how statistics impact the area where you are considering selling or buying. Blended statistics will not be as accurate as a more detailed report we can provide to help you with your decision making.

Selling Your Home in Tempe AZ?
Contact Us or call Swee Ng at 480.721.6253 today to discuss your potential Tempe AZ Home Value and our comprehensive marketing plan. We will prepare complimentary competitive market analysis (CMA) to find out what your home is worth at today’s market.

What My Tempe AZ is Home Worth?
Click here to View Your Gilbert AZ House Value Instantly for Free

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See Homes for Sale in Tempe AZ by Price Range:
Tempe Homes for Sale Under $200,000
Tempe Homes for Sale $200,000 - $300,000
Tempe Homes for Sale $300,000 - $400,000
Tempe Homes for Sale $400,000 - $500,000
Tempe Homes for Sale $500,000 - $750,000
Tempe Homes for Sale $750,000 - $1,000,000
Tempe Homes for Sale Over $1,000,000

See Homes for Sale in Tempe AZ by zipcode:
Homes For Sale in Tempe 85281
Homes For Sale in Tempe 85282
Homes For Sale in Tempe 85283
Homes For Sale in Tempe 85284

Free Tempe AZ MLS Home Search

If you are looking to buy or sell your home in Tempe AZ area, we hope you will consider us. Contact Us today for complimentary and no obligation consultation.

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Mesa AZ June 2015 Housing Market Trends

11:52 AM

Swee Ng

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Mesa AZ June 2015 Housing Market Trends

Posted on July 27, 2015

June 2015 Mesa AZ Real Estate Market Highlight:

Active listing (Inventory) has Decreased 2.2% from May 2015
Median Sold Price remain same at $215,000 as in May 2015
Average Sold price has Decreased 2.2% from May 2015
97% of Single Family Detached Homes sold are Traditional Sale
Most expensive home sold in June 2015 in Mesa was sold for $1,387,000 Click here to view

Here are Mesa AZ Real Estate – Single Family Detached Home statistics for June 2015. Be sure to Contact Us, if you have any questions about this report or about how the market is performing. This report includes MLS data for the past 12 months for Mesa AZ provided by the FlexMLS system.

You might be interested:
Ahwatukee Real Estate Housing Market Trends June 2015
Chandler Real Estate Housing Market Trends June 2015
Gilbert Real Estate Housing Market Trends June 2015
Tempe Real Estate Housing Market Trends June 2015

Mesa AZ May 2015 Closed Sales Report Analysis:
We saw a 5.8% increase in the number of closed sales in June 2015 compared to the prior month. The statistics show that we had 643 residential Single Family Detached Homes sold in June 2015 in Mesa compared to 608 in April 2015. This compares to 554 closed sales in June of last year.

Mesa AZ May Average Sold Price Analysis:
June 2015 Average Sold Price for Single Family Detached Homes in Mesa AZ is $238,486. This Average Sold Price has decreased 2.2% from May 2015. This is because there are 2 over $1,000,000 homes sold in June compare to 1 in May 2015. It is important for Seller and Buyer to refer to Median Sold Price instead of Average Sold Price. If there are multiples millions homes sold in particular months, the Average Sold Price will be high.

As a reminder, you need to meet with a real estate professional to see how statistics impact the area where you are considering selling or buying. Blended statistics will not be as accurate as a more detailed report we can provide to help you with your decision making.

Thinking of Selling Your Home in Mesa AZ?
Contact or call Swee Ng at 480.721.6253 today to discuss your potential Mesa AZ House Value and our comprehensive marketing plan. We will prepare complimentary competitive market analysis (CMA) to find out what your home is worth at today’s market.

What's My Mesa AZ Home Worth?

Click here to Find Out Your Mesa House Value Instantly

See Homes for Sale in Mesa AZ by Price Range:
Mesa Homes for Sale Under $100,000
Mesa Homes for Sale $100,000 - $200,000
Mesa Homes for Sale $200,000 - $300,000
Mesa Homes for Sale $300,000 - $400,000
Mesa Homes for Sale $400,000 - $500,000
Mesa Homes for Sale $500,000 - $750,000
Mesa Homes for Sale $750,000 - $1,000,000
Mesa Homes for Sale Over $1,000,000

Free Mesa AZ MLS Home Search

Download mobile apps and browse homes on the go

If you are looking to buy or sell your home in Mesa AZ, we hope you will consider us. Contact Us today for complimentary and no obligation consultation.

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Friday, July 17, 2015

Gilbert AZ June 2015 Housing Market Trends

11:39 AM

Swee Ng

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Gilbert AZ June 2015 Housing Market Update and Statistics

Posted on July 17, 2015

Gilbert AZ June 2015 Real Estate Housing Market Trends Highlight:

Active Listing (Inventory) has Decreased 1.1% from May 2015
Median Sold Price has Increased 1.7% from May 2015
Average Sold Price has Decreased 0.3% from May 2015
96% of Single Family Homes sold are Traditional Sale
Most Expensive House Sold in Gilbert AZ June 2015, sold at $880,000. click here to view

Gilbert AZ Real Estate Housing Market Trends June 2015

Here are Gilbert AZ Real Estate - Single Family Detached Home statistics for June 2015. Be sure to Contact Us, if you have any questions about this report or about how the market is performing. This report includes MLS data for the past 12 months for Gilbert AZ provided by the FlexMLS system.

You might be interested:
Ahwatukee Real Estate Housing Market Trends June 2015
Chandler Real Estate Housing Market Trends June 2015
Mesa Real Estate Housing Market Trends June 2015
Tempe Real Estate Housing Market Trends June 2015

Gilbert AZ June 2015 Closed Sales Report Analysis:
We saw a 27.2% increase in the number of closed sales in June 2015 compared to the prior month. The statistics show that we had 608 residential Single Family Detached Homes sold in June 2015 in Gilbert AZ compared to 478 in May 2015. This compares to 477 closed sales in June of last year. In today’s market sellers need to continue to be diligent in pricing on their homes for sale.

Gilbert AZ May 2015 Average Sold Price Analysis:
June 2015 Average Sold Price for Single Family Detached Homes in Gilbert AZ is $299,769. This Average Sold Price has decreased 0.3% from May 2015. This is because the most expensive home sold in June was $880,000 compare to $1,075,000 in May 2015. It is important for Seller and Buyer to refer to Median Sold Price instead of Average Sold Price. If there are multiples millions homes sold in particular months, the Average Sold Price will be high.

This statistic is an indicator that buyers pay more for homes than they have in the past 12 months, as June 2014 average sold price was $256,700. Educated and savvy buyers understand that a competitive market gives them fewer options for home choices – even when inventory increases. Although this may vary from zipcode to zipcode and from price range to price range, buyers need to make sure they are fully informed regarding the specific market in which they have an interest. This will give them the best chance of being competitive when making an offer.

As a reminder, you need to meet with a real estate professional to see how statistics impact the area where you are considering selling or buying. Blended statistics will not be as accurate as a more detailed report we can provide to help you with your decision making.

Selling Your Home in Gilbert AZ?
Contact Us or call Swee Ng at 480.721.6253 today to discuss your potential Gilbert AZ Home Value and our comprehensive marketing plan. We will prepare complimentary competitive market analysis (CMA) to find out what your home is worth at today’s market. You can view your house value instantly at www.GilbertAZHouseValue.com

What My Gilbert AZ is Home Worth?
Click here to View Your Gilbert AZ House Value Instantly for Free

Swee Ng, is a Gilbert AZ resident specializing in win-win real estate transaction through great communication and fighting for his clients' best interest. After all, this is more than real estates, this is about your life and your dreams.

If you are looking to buy or sell your home in Gilbert AZ, we hope you will consider us. Contact Us today for complimentary and no obligation consultation.

Free Gilbert AZ MLS Home Search

TXT AZ246 to 32323 to Download my mobile apps

Gilbert AZ Homes for Sale:
Gilbert New Homes (New Build) for Sale
Gilbert New Listing Homes for Sale
Gilbert Just Reduced Price Homes for Sale
Gilbert AZ Homes for Sale Under $100,000
Gilbert AZ Homes for Sale $100,000 – $200,000
Gilbert AZ Homes for Sale $200,000 – $300,000
Gilbert AZ Homes for Sale $300,000 – $400,000
Gilbert AZ Homes for Sale $400,000 – $500,000
Gilbert AZ Luxury Homes for Sale $500,000 - $750,000
Gilbert AZ Luxury Homes for Sale $750,000 - $1,000,000
Gilbert AZ Luxury Homes for Sale Over $1,000,000

View Gilbert AZ Homes for Sale by zipcode:
View All Homes for Sale in Gilbert AZ 85233
View All Homes for Sale in Gilbert AZ 85234
View All Homes for Sale in Gilbert AZ 85295
View All Homes for Sale in Gilbert AZ 85296
View All Homes for Sale in Gilbert AZ 85297
View All Homes for Sale in Gilbert AZ 85298

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Chandler June 2015 Housing Market Trends

11:28 AM

Swee Ng

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Chandler AZ June 2015 Housing Market Trends

Posted on July 17, 2015

June 2015 Chandler AZ Real Estate Market Highlight:

Active listing (Inventory) has Decreased 2.4% from May 2015
Average Sold price has Increased 0.6% from May 2015
Median Sold Price has Increased 0.5% from May 2015
96% of Single Family Detached Homes sold in June 2015 are Traditional Sale
Most expensive home sold in June 2015 in Chandler was sold for $1,100,000 Click here to view

Chandler AZ June 2015 Housing Market Trends

Here are Chandler AZ Real Estate – Single Family Detached Home statistics for June 2015. Be sure to Contact Us, if you have any questions about this report or about how the market is performing. This report includes MLS data for the past 12 months for Chandler AZ provided by the FlexMLS system.

You might be interested:
Ahwatukee Real Estate Housing Market Trends June 2015
Gilbert Real Estate Housing Market Trends June 2015
Mesa Real Estate Housing Market Trends June 2015
Tempe Real Estate Housing Market Trends June 2015

Chandler AZ June 2015 Closed Sales Report Analysis:
We saw a 12.0% increase in the number of closed sales in June 2015 compared to the prior month. The statistics show that we had 449 residential Single Family Detached Homes sold in June 2015 in Chandler AZ compared to 401 in May 2015. This compares to 355 closed sales in June of last year. We also saw 8.5% decrease in Day on Market (DOM) from May 2015. It average took 65 days to get a home sold in Chandler AZ in June 2015.

Chandler AZ June 2015 Average Sold Price Analysis:
June 2015 Average Sold Price for Single Family Detached Homes in Chandler AZ is $315,210. This Average Sold Price has increased 0.6% from May 2015. This is because there were 43 homes that are over $500,000 sold in June 2015 compare to 31 in May. It is important for Seller and Buyer to refer to Median Sold Price instead of Average Sold Price. If there are multiples millions homes sold in particular months, the Average Sold Price will be increased.

As a reminder, you need to meet with a real estate professional to see how statistics impact the area where you are considering selling or buying. Blended statistics will not be as accurate as a more detailed report we can provide to help you with your decision making.

What's My Chandler AZ Home Worth?

Click here to Find Out Your Chandler AZ House Value Instantly

View your house value instantly for free

Free Chandler AZ MLS Home Search

Swee Ng, Realtor Keller Williams Realty Sonoran Living specializing in win-win real estate transaction through great communication and fighting for his clients’ best interest. After all, this is more than real estates, this is about your life and your dreams.

If you are looking to buy or sell your home in Chandler AZ, we hope you will consider us. Contact Us today for complimentary and no obligation consultation.

Read more »

Ahwatukee June 2016 Housing Market Trends

11:21 AM

Swee Ng

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Ahwatukee June 2016 Housing Market Trends

Posted on July 17, 2015

June 2015 Ahwatukee Real Estate Market Highlight:

Active listing (Inventory) has Increased 9.5% from May 2015
Average Sold Price has Increased 1.0% from May 2015
Median Sold Price has Decreased 2.3% from May 2015
96% of Single Family Detached Homes sold are Traditional Sale
Most expensive home sold in June 2015 in Ahwatukee was sold for $966,000 Click here to view

Ahwatukee June 2016 Housing Market Trends

Here are Ahwatukee Real Estate – Single Family Detached Home statistics for June 2015. Be sure to Contact Us, if you have any questions about this report or about how the market is performing. This report includes MLS data for the past 12 months for Ahwatukee AZ provided by the FlexMLS system.

You might be interested:
Chandler Real Estate Housing Market Trends June 2015
Gilbert Real Estate Housing Market Trends June 2015
Mesa Real Estate Housing Market Trends June 2015
Tempe Real Estate Housing Market Trends June 2015

Closed Sales Report Analysis:
We saw a 7.5% decrease in the number of closed sales in June 2015 compared to the prior month. The statistics show that we had 135 residential Single Family Detached Homes sold in June 2015 in Ahwatukee compared to 146 in April 2015. This compares to 118 closed sales in June of last year.

Average Sold Price Analysis:
June 2015 Average Sold Price for Single Family Detached Homes in Ahwatukee is $341,123. This Average Sold Price has decreased 2.3% from May 2015. This is because most expensive home sold in June was $999,000 compare to $1,950,000 in May 2015. It is important for Seller and Buyer to refer to Median Sold Price instead of Average Sold Price. If there are multiples millions homes sold in particular months, the Average Sold Price will be high.

As a reminder, you need to meet with a real estate professional to see how statistics impact the area where you are considering selling or buying. Blended statistics will not be as accurate as a more detailed report we can provide to help you with your decision making.

What's My Ahwatukee Home Worth?

Click here to Find Out Your Ahwatukee House Value Instantly

Free Ahwatukee MLS Home Search

Swee Ng, Realtor Keller Williams Realty Sonoran Living specializing in win-win real estate transaction through great communication and fighting for his clients’ best interest. After all, this is more than real estates, this is about your life and your dreams.

If you are looking to buy or sell your home in Phoenix AZ area, we hope you will consider us. Contact Us today for complimentary and no obligation consultation.

Read more »

Friday, July 10, 2015

AZ Home Plus Down Payment Assistance Loan Program

2:16 PM

Swee Ng

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AZ Home Plus Home Loan Program | Down Payment Assistance Program

Posted on July 10, 2015

AZ Down Payment Assistance Program - Home Plus Home Loan Program

The Arizona Housing Finance Authority (AzHFA) operates on behalf of the Arizona Department of Housing to assist creditworthy renters who can afford a mortgage but lack the resources for a down payment. The AzHFA Home Plus Home Loan Program provides an attractive 30-year fixed-rate mortgage with a down payment assistance (DPA) grant to qualifying homebuyers purchasing a primary residence, which they intend to occupy. The DPA is provided as a non-repayable grant that can be used for the down payment and closing costs, equal to 4% of the initial principal balance of the mortgage loan.

Qualified U.S. military personnel and veterans may receive an additional one percent of DPA for a total of 5% of the mortgage amount. The DPA is only available in conjunction with a Home Plus loan and is funded by AzHFA at the mortgage loan closing. Home Plus borrowers do not need to be first-time buyers.

Program Highlights

Mortgage for the purchase of an Owner occupied, Primary Residences only
Borrower(s) Income not to exceed $88,340
Purchase Price limit not to exceed $353,360
All homebuyers are required to complete a pre purchase homebuyer education course either online or in person through HUD-approved homebuyer education provider

Conforming – Fannie Mae HFA Preferred | 30-year fixed rate

LTV’s 95.01% - 97% - Minimum 680 FICO
LTV’s 95.0% or less – Minimum 640 FICO

FHA, VA or USDA mortgages | 30-year fixed rate

Minimum 640 FICO score (660 for manufactured housing)

Ready to become home owner?
Contact Us today for complimentary consultation.

Swee Ng, is a Gilbert resident specializing in win-win real estate transaction through great communication and fighting for his clients' best interest. After all, this is more than real estates, this is about your life and your dreams.

If you are looking to buy or sell your home in Phoenix AZ area, we hope you will consider us.

Free Phoenix AZ MLS Home Search

TXT AZ246 to 32323 to Download Mobile App to browse home on your mobile device

Read more »