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Kelly McLain & Mike Tompkins | Orange Tree Insider

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EVENT CALENDAR

Pushing Boundaries

May | June 2018

Arizona Science Center | May 15-28 AZscience.org/Attractions In this blockbuster exhibition, guests become time travelers, transported to the bustling city of Pompeii. Over 200 precious artifacts on loan from the Naples National Archaeological Museum in Italy, including wall-sized frescoes, mosaics, marble and bronze sculptures, jewelry, statues and ancient Roman coins, bring to life how Pompeii’s people lived, loved, work, worshiped and celebrated.

CAVE CREEK BALLOON FESTIVAL Cave Creek, AZ | May 26 CaveCreekFestivals.com The time has come to light up the Sonoran Desert sky at the annual Cave Creek Balloon Festival at Rancho Mañana Golf Course. Cave Creek’s biggest single day event continues to be streamlined for a carefree experience of great live bands, massive glowing balloons, everyone’s favorite fireworks show and a celebration of a red, white and blue Memorial Day weekend.

CITY LIGHTS MOVIE NIGHTS CityScape, Phoenix | starting June 8 Facebook.com/pg/CSphx/Events On the second Friday of every month, guests are encouraged to bring their blankets and chairs to watch a feature film on the big screen at the outdoor movie theater in Patriots Park. More than 1,200 guests attend each of these free, family friendly events that include giveaways, special-themed contests and prizes.

BLUSH ROSÉ FESTIVAL Scottsdale, AZ | June 9 BlushInternationalRoseFestival.com Rosé enthusiasts are in for a treat this summer with BLUSH International Rosé Festival coming to Old Town Scottsdale - National Rosé Day, of course. BLUSH guests can “Rosé all day” in the cool indoors with unlimited tastings from over 75 Rosé varieties, and choose from three sessions depending on what time of day they most prefer to Rosé.

PETER PAN Mesa Arts Center | June 14 MesaArtsCenter.com Soar away to Neverland in this magical adaptation drawn from the beloved novel with fresh, original music! The Darling children encounter Captain Hook and his pirate crew, Princess Tiger Lily and her tribe, and of course, the Lost Boys and Girls. A rousing musical score will delight audiences of all ages in this timeless classic story for the young at heart.

R E A L

E S TAT E

crowdfunding

I

f you’ve ever heard the term “crowdfunding” you probably first think of an entrepreneur hoping to generate money online for a brilliant new idea for a must-get-to-market product. The creator has a prototype, writes up a snappy business plan, gets the information online, and hopes to generate small donations from lots of people to see the plan turn into reality. It’s similar to the newer GoFundMe campaigns we see online for those in need or to raise money for a social cause. But what about crowdfunding in the real estate market? It may now be possible for individuals to invest in big multi-million dollar real estate investments, without giving millions that they (probably) don’t have. Some companies are now looking for numerous investors for large real estate projects and are opening up the opportunity to create wealth for people who would previously not have been able to be at the table at all. On certain platforms, individuals may need only several thousand dollars to have a share in a real estate investment. With a lower risk of loss, more and more people seem to be interested in dipping their toe in the real estate investment market. A visit to RealtyShares. com or RealtyMogul.com can help you learn more about how the process works. If you qualify to be an investor, a portfolio of investment opportunities becomes available for your review. Once you choose a property you would like to invest in, you commit funds to the private deal and hope for returns in the near future. An interesting idea for those looking to diversify their investments. Of course, for most people, the real estate market simply means saving to buy one’s own home. And crowdfunding has also been playing a role in how some get a down payment for their home, particularly their first home. Rather than wedding gifts or other presents they may receive on different occasions, people have started a real estate registry, per se, to collect money for a down payment on a home (see HomeFundMe.com for details on how it works). Hey, if you’re spending hundreds on a wedding gift, who wouldn’t prefer to give money toward something as important as a home rather than a place setting of china that will just gather dust? For those who are looking to add to a down payment they may have saved up already, this may be an interesting idea. Just make sure you do your due diligence!

REAL ESTATE

corner

N

ow is a great time to be a space enthusiast! After the moon landing almost 50 years ago, it began to feel like space exploration was sort of a thing of the past. But thanks to entrepreneurs and dreamers such as Elon Musk (of Tesla and SpaceX fame) and Sir Richard Branson (of everything Virgin), as well as a revitalization of NASA programs, trips to the moon and Mars may be in the near future. In fact, some experts say humans will be on Mars as soon as 2030! Recently, Musk’s company SpaceX launched the world’s most powerful rocket and even sent his own red Tesla Roadster into orbit (yes, it’s still up there and will be for millions of years). And while SpaceX is forging ahead in the field of space exploration, other private companies are pushing the envelope as well. Blue Origin is another private space company that is creating reusable, vertically landing space rockets. The company envisions millions of people living and working in space. For now, Blue Origin has built the New Shepard rocket, which may soon be available for space tourists. Their model allows for an 11-minute trip to space in which travelers can experience weightlessness, enjoy tremendous views, and land back to earth in a capsule. You can watch videos of an actual launch with a test dummy dubbed “Mannequin Skywalker” on board at BlueOrigin.com.

Virgin Galactic—headed by Sir Richard Branson—is another vanguard company hoping to open space travel to everyone

IN GOOD TASTE

Pompeii: The Exhibition

rather than just a select few astronauts. Touting itself as the world’s first commercial spaceline, Virgin Galactic uses what they call a reusable SpaceShipTwo spaceflight system. After three days of training, Virgin’s future astronauts will be ready to take the trip to space to experience weightlessness and have unprecedented views of Earth. These everyday astronauts will then, according to Virgin, be part of the most exclusive group of adventurers in the world. NASA is currently working on getting humans back to the moon for further exploration and is aiming to get humans to Mars, as well. A key element to all these new rocket designs is the ability to reuse the equipment again and again, so the exorbitant costs and wastefulness of previous space endeavors will be avoided. With private companies working alongside NASA, the years to come should prove to be an exciting time for space discovery and technological advancements. We’re excited to be along for the ride!

Fish Tacos Plate INGREDIENTS 4 ea 2 oz 2 oz 12 oz 8 ea 2 oz 1 oz 2 ea

Tilapia Filets Blackening Spice Blend Oil Green and Red Cabbage (shredded) Corn Tortillas Tomatoes (diced) Cilantro (chopped) Lime Wedge

DIRECTIONS Cut the white fish into servable strips. Toss the fish with the blackening seasoning (any store bought seasoning will do just fine) mixed with a little bit of oil. In a sauté pan, heat oil over medium heat. Add seasoned fish and cook until well done. For the pickup, heat up tortillas (2 per taco) and evenly distribute the cabbage amongst the tortillas. Add fish filets and garnish with chopped tomatoes and cilantro. Finish the dish with a side of tomatillo avocado and lime wedges, or any other sauce you would like!

TheVig.us


EVENT CALENDAR

Pushing Boundaries

May | June 2018

Arizona Science Center | May 15-28 AZscience.org/Attractions In this blockbuster exhibition, guests become time travelers, transported to the bustling city of Pompeii. Over 200 precious artifacts on loan from the Naples National Archaeological Museum in Italy, including wall-sized frescoes, mosaics, marble and bronze sculptures, jewelry, statues and ancient Roman coins, bring to life how Pompeii’s people lived, loved, work, worshiped and celebrated.

CAVE CREEK BALLOON FESTIVAL Cave Creek, AZ | May 26 CaveCreekFestivals.com The time has come to light up the Sonoran Desert sky at the annual Cave Creek Balloon Festival at Rancho Mañana Golf Course. Cave Creek’s biggest single day event continues to be streamlined for a carefree experience of great live bands, massive glowing balloons, everyone’s favorite fireworks show and a celebration of a red, white and blue Memorial Day weekend.

CITY LIGHTS MOVIE NIGHTS CityScape, Phoenix | starting June 8 Facebook.com/pg/CSphx/Events On the second Friday of every month, guests are encouraged to bring their blankets and chairs to watch a feature film on the big screen at the outdoor movie theater in Patriots Park. More than 1,200 guests attend each of these free, family friendly events that include giveaways, special-themed contests and prizes.

BLUSH ROSÉ FESTIVAL Scottsdale, AZ | June 9 BlushInternationalRoseFestival.com Rosé enthusiasts are in for a treat this summer with BLUSH International Rosé Festival coming to Old Town Scottsdale - National Rosé Day, of course. BLUSH guests can “Rosé all day” in the cool indoors with unlimited tastings from over 75 Rosé varieties, and choose from three sessions depending on what time of day they most prefer to Rosé.

PETER PAN Mesa Arts Center | June 14 MesaArtsCenter.com Soar away to Neverland in this magical adaptation drawn from the beloved novel with fresh, original music! The Darling children encounter Captain Hook and his pirate crew, Princess Tiger Lily and her tribe, and of course, the Lost Boys and Girls. A rousing musical score will delight audiences of all ages in this timeless classic story for the young at heart.

R E A L

E S TAT E

crowdfunding

I

f you’ve ever heard the term “crowdfunding” you probably first think of an entrepreneur hoping to generate money online for a brilliant new idea for a must-get-to-market product. The creator has a prototype, writes up a snappy business plan, gets the information online, and hopes to generate small donations from lots of people to see the plan turn into reality. It’s similar to the newer GoFundMe campaigns we see online for those in need or to raise money for a social cause. But what about crowdfunding in the real estate market? It may now be possible for individuals to invest in big multi-million dollar real estate investments, without giving millions that they (probably) don’t have. Some companies are now looking for numerous investors for large real estate projects and are opening up the opportunity to create wealth for people who would previously not have been able to be at the table at all. On certain platforms, individuals may need only several thousand dollars to have a share in a real estate investment. With a lower risk of loss, more and more people seem to be interested in dipping their toe in the real estate investment market. A visit to RealtyShares. com or RealtyMogul.com can help you learn more about how the process works. If you qualify to be an investor, a portfolio of investment opportunities becomes available for your review. Once you choose a property you would like to invest in, you commit funds to the private deal and hope for returns in the near future. An interesting idea for those looking to diversify their investments. Of course, for most people, the real estate market simply means saving to buy one’s own home. And crowdfunding has also been playing a role in how some get a down payment for their home, particularly their first home. Rather than wedding gifts or other presents they may receive on different occasions, people have started a real estate registry, per se, to collect money for a down payment on a home (see HomeFundMe.com for details on how it works). Hey, if you’re spending hundreds on a wedding gift, who wouldn’t prefer to give money toward something as important as a home rather than a place setting of china that will just gather dust? For those who are looking to add to a down payment they may have saved up already, this may be an interesting idea. Just make sure you do your due diligence!

REAL ESTATE

corner

N

ow is a great time to be a space enthusiast! After the moon landing almost 50 years ago, it began to feel like space exploration was sort of a thing of the past. But thanks to entrepreneurs and dreamers such as Elon Musk (of Tesla and SpaceX fame) and Sir Richard Branson (of everything Virgin), as well as a revitalization of NASA programs, trips to the moon and Mars may be in the near future. In fact, some experts say humans will be on Mars as soon as 2030! Recently, Musk’s company SpaceX launched the world’s most powerful rocket and even sent his own red Tesla Roadster into orbit (yes, it’s still up there and will be for millions of years). And while SpaceX is forging ahead in the field of space exploration, other private companies are pushing the envelope as well. Blue Origin is another private space company that is creating reusable, vertically landing space rockets. The company envisions millions of people living and working in space. For now, Blue Origin has built the New Shepard rocket, which may soon be available for space tourists. Their model allows for an 11-minute trip to space in which travelers can experience weightlessness, enjoy tremendous views, and land back to earth in a capsule. You can watch videos of an actual launch with a test dummy dubbed “Mannequin Skywalker” on board at BlueOrigin.com.

Virgin Galactic—headed by Sir Richard Branson—is another vanguard company hoping to open space travel to everyone

IN GOOD TASTE

Pompeii: The Exhibition

rather than just a select few astronauts. Touting itself as the world’s first commercial spaceline, Virgin Galactic uses what they call a reusable SpaceShipTwo spaceflight system. After three days of training, Virgin’s future astronauts will be ready to take the trip to space to experience weightlessness and have unprecedented views of Earth. These everyday astronauts will then, according to Virgin, be part of the most exclusive group of adventurers in the world. NASA is currently working on getting humans back to the moon for further exploration and is aiming to get humans to Mars, as well. A key element to all these new rocket designs is the ability to reuse the equipment again and again, so the exorbitant costs and wastefulness of previous space endeavors will be avoided. With private companies working alongside NASA, the years to come should prove to be an exciting time for space discovery and technological advancements. We’re excited to be along for the ride!

Fish Tacos Plate INGREDIENTS 4 ea 2 oz 2 oz 12 oz 8 ea 2 oz 1 oz 2 ea

Tilapia Filets Blackening Spice Blend Oil Green and Red Cabbage (shredded) Corn Tortillas Tomatoes (diced) Cilantro (chopped) Lime Wedge

DIRECTIONS Cut the white fish into servable strips. Toss the fish with the blackening seasoning (any store bought seasoning will do just fine) mixed with a little bit of oil. In a sauté pan, heat oil over medium heat. Add seasoned fish and cook until well done. For the pickup, heat up tortillas (2 per taco) and evenly distribute the cabbage amongst the tortillas. Add fish filets and garnish with chopped tomatoes and cilantro. Finish the dish with a side of tomatillo avocado and lime wedges, or any other sauce you would like!

TheVig.us


ORAN

Kelly McLain Realtor

602.625.4653

mclainjk@aol.com www.kellymclain.com

Inventory in Orange Tree has Gapped Down in May 2018 Current Mortgage Rates The cost of borrowing money is going up… again. The Federal Reserve decided to raise its benchmark rate by a quarter of a point this month. So what does this mean for you? Your credit card rate is going to be a full percentage point higher this summer than it was two summers ago, before the Fed started to raise rates. The same thing Mike Tompkins happened with home equity lines of credit; Sales Manager your rate will be a full percentage point Mortgage Loan higher this year than it was two years ago. Originator It's now more important than ever to make more than the minimum monthly payment and get those credit card balances paid off. Some good news: the Fed’s action should not affect mortgage rates for people looking to buy a home. In fact, the average 30year fixed-mortgage rate loan is still under 4% right now.

NMLS # 217645 602.329.6591 Direct tompkins@ksstatebank.com| www.ksstatebank.com

7373 Scottsdale Road, Scottsdale, AZ 85253 | 480.308.0395 MEMBER FDIC | EQUAL HOUSING LENDER

Orange Tree Pool Service & Repairs Steve Sherman | 480-570-1117

Candis Creel Account Manager

602-697-0232

ccreel@atsaaz.com

We look forward to handling your next Escrow!

Spring has arrived, and our busy summer buying season is just around the corner. If you haven’t noticed inventory in and around the Orange Tree area continues to fall. I have one listing left in our community and that home just received another offer. Some recent sales I’ve had this month include La Camarilla, which sold in 6 days for 98% of list price, ($1,080,000) my other listing went under contract for over list price, and my third listing took a little longer to sell (61 days) but also SOLD and closed not far from list price at $3,360,000. The home that just closed for $3,360,000 was on the cover of last months Orange Tree Insider and attracted lot’s of attention. Every single home I have put on the cover of the Orange Tree Insider over the years ended up selling with one exception. The one home that did not sell actually received two offers but fell out of escrow due to a family sickness. You can be assured if I list your home and put it on the cover of the Orange Tree Insider, it will sell. MLS history shows my average days on the market compared to the competition has been much shorter on average, and my sales price on average higher than the competition, many comparable homes I have SOLD have been closer to $300 per square foot, while the competition has averaged 15 to 20% less for the same comparable sold home. That means on a one million dollar home I could be putting an additional $150,000 to $200,000 more in my sellers pocket at closing. I would be happy to sit down and show you those past results.

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ADDRESS

SQFT

BED BATH LIST PRICE

LIST PER SQFT

11832 N Blackheath Rd 6242 E Laurel Ln 6216 E Gold Dust Ave 6004 E Laurel Ln 11002 N 64th St 11019 N 54th St 11846 N 61st Pl 5818 E Leith Ln 10242 N 57th St 11636 N 60th St 11243 N Saint Andrews Wy 5501 E Cholla St 5602 E Oakhurst Wy 10601 N Montrose Wy 6120 E Gold Dust Ave 10805 N 55th St 5230 E Cortez Dr 11447 N 54th St 10836 N 53rd St 6202 E Mescal St 5531 E Laurel Ln 5740 E Shea Blvd 10242 N 58th St 12212 N 58th Pl 5440 E Dahlia Dr 5539 E Larkspur Dr 5702 E Windrose Dr 11446 N Century Ln

5,752 6,004 5,586 5,886 5,022 4,327 6,152 6,990 4,509 4,999 4,414 4,192 3,666 5,382 4,007 3,097 3,900 4,371 3,639 4,478 3,163 3,772 2,239 3,412 2,916 3,369 2,734 1,688

6 6 5 4 5 5 5 5 4 4 6 5 4 5 3 4 4 4 4 5 5 5 3 4 4 5 4 2

$417.07 $391.41 $411.74 $382.26 $368.38 $422.69 $280.40 $236.05 $354.18 $299.06 $328.50 $332.78 $367.98 $232.25 $298.73 $341.94 $268.97 $215.05 $236.33 $188.70 $260.80 $217.92 $334.97 $199.00 $231.48 $184.00 $210.31 $236.97

Currently For Sale in Orange Tree Area 5 5 5.5 4.5 4.5 4 6 4.5 3.5 4 3.5 3.5 3.5 4.5 4 3 4 4 4.33 4 2.5 4 3.5 3 3.5 3 3 2

$2,399,000 $2,350,000 $2,300,000 $2,250,000 $1,850,000 $1,829,000 $1,725,000 $1,650,000 $1,597,000 $1,495,000 $1,450,000 $1,395,000 $1,349,000 $1,250,000 $1,197,000 $1,059,000 $1,049,000 $940,000 $860,000 $845,000 $824,900 $822,000 $750,000 $679,000 $675,000 $619,900 $575,000 $400,000

Call Phil for the most effective marketing strategies to sell your Biltmore property All information is deemed reliable but not guaranteed. The properties on this list have been listed/sold by various members of the MLS. All information is deemed reliable but not guaranteed. Properties on this list have been listed/sold by various members of the MLS.

Produced by DLP Marketing • (480)460-0996 • DLPmarketing.com

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Fly Me To the Moon Space Travel for All

NEIGHBORHOOD

Century Club Estates Equestrian Manor Sunburst Farms Equestrian Manor Plymouth Estates Roc Farms Estates Equestrian Manor Century Club Estates Country Club Acres Century Club Estates Century Club Estates Los Castillos Century Club Estates Century Club Estates Tierra Feliz North Orange Tree Estates Las Haciendas Orange Tree Estates La Camarilla Plymouth Estates Woodleaf Century Club Estates Country Club Avant Rancho Saguaro Rancho Saguaro Century North Century Place .

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M AY | J U N E 2 0 1 8

On the cover you will see my latest listing on top of Moon Mountain priced at $1,295,000, 8 Bedrooms, and it has over 8000 square feet with two pools. Call me for a private showing. I’m looking forward to a busy summer, please call me if you are thinking of selling, once Berkshire Hathaway’s marketing takes hold you can be assured your home will sell for top dollar. — Kelly McLain

WANT YOUR PROPERTY TO BE OUR NEXT COVER HOME?

If your home is currently listed, this is not a solicitation for that listing.

OrangeTree 2018

&

MARCH | APRIL

The #1 Agent

FOR ORANGE TREE EQUESTRIAN MANOR WITH OVER 100 TRANSACTIONS!

Real Estate Trend

Is Crowdfunding Right for You?

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