Buenavante
January | February 2014
SPECIALIZING IN
Buenavante Real Estate
• Phoenix Business Journal ranks Kelly #11 in The Phoenix Business Journal Book of Lists out of more than 20,000 Real Estate Agents.
Buenavante REAL ESTATE ACTIVITY IN
• Graduate of Arizona State University 1983
Kelly McLain Realtor
602.625.4653
mclainjk@aol.com www.kellymclain.com
Perfect Storm
WJ BRADLEY MORTGAGE CAPITAL
Mike Tompkins,Mortgage Lender
NMLS #217645 9237 E. Via De Ventura #100 Scottsdale, AZ 85258
480.421.1151 Direct Office mike@wjbonline.com www.wjbonline.com
(c) 2011 W.J. Bradley Mortgage Capital Corp., 201 Columbine Street Suite 300, Denver, CO 80206. Phone #303-825-5670. NMLS ID 3233. Trade/service marks are the property of W.J. Bradley Mortgage Capital Corp. This is not a commitment to lend. Restrictions apply. All rights reserved. Some products may not be available in all states. WJB is not acting on behalf of or at the direction of HUD/FHA or the federal government. AZ License # BK-0903998. NMLS consumer access: www.nmlsconsumeraccess. org/EntityDetails.aspx/COMPANY/3233.
Sleek and Simple ADDRESS
SQFT
BED BATH
LIST/SOLD PRICE LIST/SOLD PER SQFT
7442 E Windrose Dr 2,242 7501 E Corrine Rd 2,595 7736 E Charter Oak Rd 2,353 7698 E Windrose Dr 3,039 12835 N 78th St 2,934 7314 E Wethersfield Rd 2,828 7885 E Windrose Dr 4,605 7572 E Wethersfield Rd 4,673
4 4 4 4 4 4 4 4
2 2.5 2.5 3 3 3 3 3.75
$495,000 $515,000 $529,900 $575,000 $599,000 $649,500 $925,000 $949,500
$220.79 $198.46 $225.20 $189.21 $204.16 $229.67 $200.87 $203.19
7805 E Windrose Dr 7718 E Charter Oak Rd 7835 E Windrose Dr 12251 N 74th St
5 4 5 4
3 3 4.5 2.5
$599,900 $649,000 $669,900 $450,000
$178.12 $227.24 $199.43 $149.40
2,359 4 4,900 6
2 4.5
$486,000 $800,000
$206.01 $163.27
Currently For Sale
Sale Pending
Recently Sold
7405 E Corrine Rd 12693 N 79th St
3,368 2,856 3,359 3,012
The New Minimal
Market conditions in Buenavante area should remain strong in 2014, inventory may increase, and we should see modest increases in prices for the remainder of the year. We will probably start to see the buyers who had foreclosures and short sales start coming out of the woodwork. As loan programs become more favorable for these buyers we will see more and more purchases from this group of buyers. Many have been renting over the past 3 to 6 years and are now becoming eligible to purchase homes once again.
Want Your Property To Be Our Next Cover Home? Call Kelly McLain for the most effective marketing to sell your Buenavante property at 602.625.4653.
All information is deemed reliable but not guaranteed. The properties on this list have been listed/sold by various members of the MLS. If your home is currently listed, this is not a solicitation for that listing.
Produced by Desert Lifestyle Publishing • 480.460.0996 • www.DesertLifestyle.net
Building Wealth
What’s In Your Real Estate Portfolio? Cover Photography | Calvis Wyant
Home prices going up, interest rates coming back down, jumbo loan market coming back into play. It seems like all of the pieces are being put together to form a great time for real estate (without getting too crazy). Over the past several months we have seen mortgage rates move up however with the current debt ceiling talks temporarily behind us, we are starting to see mortgage rates move back down. We have also seen a huge comeback in the jumbo market. Programs such as 10% purchase jumbo programs, aggressive arms (10, 7 & 5 yr) along with interest only products have shown us that investors are feeling confident again on jumbo mortgages. Call me today for any financing questions you may have. WJ Bradley is now the 8th largest privately held mortgage lender in the US.
The Perfect Pairing SOL Mexican Cocina’s Shrimp Ceviche + White Wine
Buenavante
Real Estate Report