FOR ORANGE TREE EQUESTRIAN MANOR WITH OVER 100 TRANSACTIONS!
ORAN
&
Kelly McLain Realtor
602.625.4653
mclainjk@aol.com www.kellymclain.com
— Orange Tree Update — Change is never easy and for the first time in 17 years I have made a move. To me, making a move has to involve several key aspects: 1. Does the move make sense for my clients? 2. Does the move make sense for me? After doing my homework I answered “Yes” to both. As a bank our rates and fees are much cheaper than your traditional mortgage company. Also, having the backing of a bank allows me the ability to use their in-house bank products for those scenarios not exactly fitting the traditional lending box. As for me, the move to KS State Bank makes great sense. The ability to grow within the banking environment and to also offer mortgage financing across the U.S. with low mortgage rates is a win for all.
Mike Tompkins
Sales Manager Mortgage Loan Originator 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
T
he photo to the right is my latest sale in Orange Tree that I just closed two weeks ago for $1,585,000. This depletes my listing inventory in the Orange Tree area, and with 18 million in closings so far in 2016 I’m always looking for additional inventory to put on the market. Now that fall is here our seasonal buying gets even busier as clients are actively seeking out our area from now through the prime time winter selling season. If you are looking to sell, now is the perfect time to give me a call or contact me via email to view my Berkshire Hathaway marketing proposal. Allow me to show you my track record versus competing companies, and why my listings sell much faster and for higher dollar amounts than the competition.
SQFT
BED BATH LIST PRICE
LIST PER SQFT
We look forward to handling your next Escrow!
D
E
R
Hallowed History & FUN FALL FACTS
Area
11825 N 54th Place 2,561 4 2.5 $570,000 $222.57 Woodleaf 5401 E Poinsettia Drive 2,808 4 2 $612,500 $218.13 Woodleaf 5340 E Laurel Lane 3,124 5 2.5 $625,000 $200.06 Woodleaf 12039 N 60th Place 2,846 5 3 $700,000 $245.95 Equestrian Manor 5421 E Poinsettia Drive 3,600 5 3 $719,000 $199.72 Woodleaf 12034 N 61st Street 4,098 4 3 $739,900 $180.55 Equestrian Manor 5402 E Laurel Lane 3,153 4 3 $749,000 $237.84 Woodleaf 5639 E Cactus Road E 3,088 4 3 $929,000 $300,84 Orange Tree Golf Course 11419 N Saint Andrews Way 4,459 5 3.5 $1,199,000 $268.89 Century Club Estates 12005 N Oakhurst Way 4,800 5 4.5 $1,279,900 $266.65 Orange Tree Golf Course 10601 N Montrose Way 5,392 4 4.5 $1,299,000 $240.91 Orange Tree Golf Course 6226 E Sunnyside Drive 4,548 3 3.5 $1,450,000 $318.82 Equestrian Manor 5726 E Leith Lane 6,730 6 5.5 $1,725,000 $256.32 Orange Tree Golf Course 6136 E Paradise Drive 6,975 5 4.5 $1,890,000 $270.97 Equestrian Manor 6049 E Sunnyside Drive 6,259 7 5.75 $1,999,000 $319.38 Equestrian Manor for the most effective marketing 6211 E Cortez Drive Call 6,360 Phil 5 6 $2,295,000 $360.85 Equestrian Manor 12028 N 60th Place strategies 5,814 4 4.5 to $2,795,000 $480.74 Equestrian Manor . sell your Biltmore property
WANT YOUR PROPERTY TO BE OUR NEXT COVER HOME?
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.
If your home is currently listed, this is not a solicitation for that listing.
I
NEIGHBORHOOD
Currently For Sale in Orange Tree
602-697-0232
S
— Kelly McLain ADDRESS
ccreel@atsaaz.com
N
Year-to-date sales remain extremely strong for 2016. From 52nd Street to 64th Street and Cactus south to Shea we have seen a nearly 100% increase in home sales from 2015. This time last year there were 25 closings or $22,300,000 in sales, this year we have had 47 sales and $42,000,000. Prices have remained fairly flat with a 1.75% increase year to date.
Steve Sherman | 480-570-1117
Account Manager
OrangeTree I
Many of you have called and emailed me about the deteriorating condition of the golf course. I have been told the course will be hiring an additional 3 employees to focus on the overgrown areas all over the course. It does effect the property values in a negative way if the course continues to be neglected. You may voice your concerns to superintendent Mike Molton at mmolton@scottsdalegolfgroup.com
Orange Tree Pool Service & Repairs
Candis Creel
SEPTEMBER J U LY | A|U OCTOBER G U S T 2 02016 16
The #1 Agent
Produced by DLP Marketing • (480)460-0996 • DLPmarketing.com
Metro Market Housing Report
The Beverly
Flatbread & Manhattans
Market Report Presented By Kelly McLain
EVENTFUL
Metro Market Report
SEPTEMBER | OCTOBER 2016 19th Annual Ballet Under the Stars
TroonFIT Running on the Links Series 1 The Boulders | October 1 RunningOnTheLinks.com TroonFIT Running on the Links Series 1 – The Boulders, why should only golfers enjoy some of the most beautiful grounds Arizona offers? Take to the cart paths, features a front 9 distance (approximately 5K) perfect for walking or a short run, enter a drawing with the chance to win amazing prizes.
13th Annual Arizona Dragon Boat Festival Tempe Town Lake | October 1 - 2 AZdba.com 13th Annual Arizona Dragon Boat Festival – Tempe Town Lake Marina, 50 dragon boat racing teams from all over the world are expected to participate, 40-foot-long rowing canoes, 20 paddlers, one steersperson & a drummer in a 500-meter race, features competitive and recreational dragon boat races, vendors, and Asian and Pacific inspired talented entertainment.
Pumpkin Days & Corn Maze Tolmachoff Farms | October 1- 31 Tolmachoff-Farms.com | (602) 999-3276 Pumpkin Days & Corn Maze – Tolmachoff Farms, pumpkin patch, 6 acre family corn maze with a new theme every year (search for pieces of your map as you walk through), mini corn maze (perfect for little ones), haunted corn maze (dare to enter), also petting zoo, train ride, hay pyramid, corn box, adult and child pedal cart track, jumping pillow and more.
7th Annual Arizona Taco Festival Salt River Fields at Talking Stick | October 15 - 16 AZTacoFestival.com 7th Annual Arizona Taco Festival – Salt River Fields, 50+ professional and amateur taco teams compete for $10,000 in prizes in chicken, beef, pork and fish, a side cart throw down in salsa and guacamole, Lucha Libre wrestling, a tequila tasting tent, “Ay Chihuahua! [dog] Beauty Pageant,” live surfer rock music and more.
T
he housing market in Greater Phoenix started 2016 in a healthy state and has continued to improve, at least for sellers of entry level and midrange homes up to $500,000.
“The price increases are a natural result of the very strong demand for homes against very limited homes for sale,” says Realtor.com’s chief economist, Jonathan Smoke. “It is pent-up demand… coupled with the lowest mortgage rates we’ve had in three years.” The price range below $250,000 remains short of supply and the number of buyers far exceeds the low number of homes for sale. Appreciation is strongest for these entry-level homes and condition is rarely a constraint. Location can be an issue, but the shortage of homes for sale in the central areas has encouraged more buyers to go looking in outer locations. This has led to much improved markets in locations like Buckeye, Maricopa and Florence. Between $250,000 and $500,000, supply has improved over 2015 and is being replenished quickly by new home builders. New single family home permits in Maricopa and Pinal Counties totaled 7,778 year to date by the end of May. This is an increase of 18% compared to 2015. “More homeowners are realizing the equity they’ve accumulated in recent years and finally deciding to trade-up or downsize,” according to NAR chief economist Lawrence Yun. “Repeat buyers are using the proceeds from the sale of their previous home as their down payment.” Mid-range demand has increased thanks to historically low interest rates and a mild slackening of lender underwriting conditions. Appreciation is moderate for this price segment, but comfortably exceeds the CPI inflation rate which remains unusually low. There are occasional problems for homes that have been neglected or in great need of modernization. The luxury market has lost momentum in the last 12 months. The price range between $500,000 and $1,000,000 is still doing reasonably well, with very slight appreciation in prices.
Despite weakness in the luxury sector, the majority of the Greater Phoenix housing market is healthier now than it was 12 months ago and the prospect of rising mortgage interest rates has faded. The millennial generation is now a more significant pool of potential home buyers than the baby boomer generation and this dominance will increase over the coming decade. It is the many differences between baby boomer and millennial lifestyle decisions that are likely to change the nature of the housing market going forward.
REAL ESTATE
corner
F
Scaring Up The Past
all is in the air. Before long, pumpkins will be transformed into jack-o-lanterns and costume-clad children will be roaming the streets in search of sweets. But how did Halloween come to be and what is the root of all the spooky and fun traditions?
According to the History Channel, the holiday’s origins lie with the Celts, the ancient Irish clan who lived 2,000 years ago, who marked the day as the end of the harvest season and the start of the long, cold winter. As crops and food became scarce, this bridge between seasons became synonymous with a bridge to the world of the dead. The Celts celebrated the day with a festival known as “Samhain” (translation “summer’s end”) during which they lit bonfires and donned costumes in hopes of keeping ghosts away. The costumes were usually made from animal heads and skins. Although a far cry from the Minion and Spiderman costumes of today, this is the root of why we wear Halloween costumes today. The actual word “Halloween” didn’t become associated with this time of year until about the 8th century when the Christian church declared November 1st All Soul’s Day, a time to honor not fear the dead. This was also known as “All-hallows” or “All-hallowmas,” from the Middle English Alholowmesse, which meant All Saints’
IN GOOD TASTE
Steele Indian School Park Memorial Hall September 24 BalletAZ.org | (602) 381-0184 19th Annual Ballet Under the Stars – Steele Indian School Park, sunset performance series by Ballet Arizona in an outdoor setting, with a stage, lighting, costumes and beautiful Arizona weather, bring a blanket or lawn chair, varied program ranging from classical to contemporary.
Day. The night before became known as All-hallows Eve and before long was simply called Halloween. But how did scaring the dead away and honoring the dead turn into a night focused on kids and candy? Trick or treating actually has these same ancient origins. In order to keep ghosts away from their home, the ancient Celts would place bowls of food on their doorstep hoping this would appease the spirits. Later on in England, AllSouls’ Day parades began when poor children would go door to door promising to pray for people’s deceased loved ones in return for pastries, which were known as “soul cakes.” This is the origin of the sweet treats your little ones go in search of every year on Halloween. Halloween did not really come to America until about the 1850s when Irish and English immigrants brought with them these ancient customs. The traditions grew and evolved into our own American version of Halloween. So this year, as you hang a scary witch or silly ghost in your yard, remember that you’ll not only be spooking the neighborhood children but you may be warding off bad spirits from your home as well. And who couldn’t use a little good fortune these days? Happy Halloween!
Mad Men Flatbread INGREDIENTS 1 ½c ½ c 4 oz 4 oz
Damascus flatbread Pizza sauce Shredded mozzarella Sliced Italian sausage Prosciutto
DIRECTIONS Preheat oven to 400 degrees. Layer sauce, mozzarella, sausage and prosciutto on flatbread. Cook for 8 minutes or until flatbread is crispy. Enjoy!
Manhattan INGREDIENTS 2 oz ¾ oz
Rye or Canadian Whiskey Sweet red vermouth Maraschino cherry (garnish) Dash Angostura bitters
DIRECTIONS Stirred over ice, strained into a chilled martini glass, garnished, and served straight up.
(480) 889-5580 | BeverlyOnMain.com
EVENTFUL
Metro Market Report
SEPTEMBER | OCTOBER 2016 19th Annual Ballet Under the Stars
TroonFIT Running on the Links Series 1 The Boulders | October 1 RunningOnTheLinks.com TroonFIT Running on the Links Series 1 – The Boulders, why should only golfers enjoy some of the most beautiful grounds Arizona offers? Take to the cart paths, features a front 9 distance (approximately 5K) perfect for walking or a short run, enter a drawing with the chance to win amazing prizes.
13th Annual Arizona Dragon Boat Festival Tempe Town Lake | October 1 - 2 AZdba.com 13th Annual Arizona Dragon Boat Festival – Tempe Town Lake Marina, 50 dragon boat racing teams from all over the world are expected to participate, 40-foot-long rowing canoes, 20 paddlers, one steersperson & a drummer in a 500-meter race, features competitive and recreational dragon boat races, vendors, and Asian and Pacific inspired talented entertainment.
Pumpkin Days & Corn Maze Tolmachoff Farms | October 1- 31 Tolmachoff-Farms.com | (602) 999-3276 Pumpkin Days & Corn Maze – Tolmachoff Farms, pumpkin patch, 6 acre family corn maze with a new theme every year (search for pieces of your map as you walk through), mini corn maze (perfect for little ones), haunted corn maze (dare to enter), also petting zoo, train ride, hay pyramid, corn box, adult and child pedal cart track, jumping pillow and more.
7th Annual Arizona Taco Festival Salt River Fields at Talking Stick | October 15 - 16 AZTacoFestival.com 7th Annual Arizona Taco Festival – Salt River Fields, 50+ professional and amateur taco teams compete for $10,000 in prizes in chicken, beef, pork and fish, a side cart throw down in salsa and guacamole, Lucha Libre wrestling, a tequila tasting tent, “Ay Chihuahua! [dog] Beauty Pageant,” live surfer rock music and more.
T
he housing market in Greater Phoenix started 2016 in a healthy state and has continued to improve, at least for sellers of entry level and midrange homes up to $500,000.
“The price increases are a natural result of the very strong demand for homes against very limited homes for sale,” says Realtor.com’s chief economist, Jonathan Smoke. “It is pent-up demand… coupled with the lowest mortgage rates we’ve had in three years.” The price range below $250,000 remains short of supply and the number of buyers far exceeds the low number of homes for sale. Appreciation is strongest for these entry-level homes and condition is rarely a constraint. Location can be an issue, but the shortage of homes for sale in the central areas has encouraged more buyers to go looking in outer locations. This has led to much improved markets in locations like Buckeye, Maricopa and Florence. Between $250,000 and $500,000, supply has improved over 2015 and is being replenished quickly by new home builders. New single family home permits in Maricopa and Pinal Counties totaled 7,778 year to date by the end of May. This is an increase of 18% compared to 2015. “More homeowners are realizing the equity they’ve accumulated in recent years and finally deciding to trade-up or downsize,” according to NAR chief economist Lawrence Yun. “Repeat buyers are using the proceeds from the sale of their previous home as their down payment.” Mid-range demand has increased thanks to historically low interest rates and a mild slackening of lender underwriting conditions. Appreciation is moderate for this price segment, but comfortably exceeds the CPI inflation rate which remains unusually low. There are occasional problems for homes that have been neglected or in great need of modernization. The luxury market has lost momentum in the last 12 months. The price range between $500,000 and $1,000,000 is still doing reasonably well, with very slight appreciation in prices.
Despite weakness in the luxury sector, the majority of the Greater Phoenix housing market is healthier now than it was 12 months ago and the prospect of rising mortgage interest rates has faded. The millennial generation is now a more significant pool of potential home buyers than the baby boomer generation and this dominance will increase over the coming decade. It is the many differences between baby boomer and millennial lifestyle decisions that are likely to change the nature of the housing market going forward.
REAL ESTATE
corner
F
Scaring Up The Past
all is in the air. Before long, pumpkins will be transformed into jack-o-lanterns and costume-clad children will be roaming the streets in search of sweets. But how did Halloween come to be and what is the root of all the spooky and fun traditions?
According to the History Channel, the holiday’s origins lie with the Celts, the ancient Irish clan who lived 2,000 years ago, who marked the day as the end of the harvest season and the start of the long, cold winter. As crops and food became scarce, this bridge between seasons became synonymous with a bridge to the world of the dead. The Celts celebrated the day with a festival known as “Samhain” (translation “summer’s end”) during which they lit bonfires and donned costumes in hopes of keeping ghosts away. The costumes were usually made from animal heads and skins. Although a far cry from the Minion and Spiderman costumes of today, this is the root of why we wear Halloween costumes today. The actual word “Halloween” didn’t become associated with this time of year until about the 8th century when the Christian church declared November 1st All Soul’s Day, a time to honor not fear the dead. This was also known as “All-hallows” or “All-hallowmas,” from the Middle English Alholowmesse, which meant All Saints’
IN GOOD TASTE
Steele Indian School Park Memorial Hall September 24 BalletAZ.org | (602) 381-0184 19th Annual Ballet Under the Stars – Steele Indian School Park, sunset performance series by Ballet Arizona in an outdoor setting, with a stage, lighting, costumes and beautiful Arizona weather, bring a blanket or lawn chair, varied program ranging from classical to contemporary.
Day. The night before became known as All-hallows Eve and before long was simply called Halloween. But how did scaring the dead away and honoring the dead turn into a night focused on kids and candy? Trick or treating actually has these same ancient origins. In order to keep ghosts away from their home, the ancient Celts would place bowls of food on their doorstep hoping this would appease the spirits. Later on in England, AllSouls’ Day parades began when poor children would go door to door promising to pray for people’s deceased loved ones in return for pastries, which were known as “soul cakes.” This is the origin of the sweet treats your little ones go in search of every year on Halloween. Halloween did not really come to America until about the 1850s when Irish and English immigrants brought with them these ancient customs. The traditions grew and evolved into our own American version of Halloween. So this year, as you hang a scary witch or silly ghost in your yard, remember that you’ll not only be spooking the neighborhood children but you may be warding off bad spirits from your home as well. And who couldn’t use a little good fortune these days? Happy Halloween!
Mad Men Flatbread INGREDIENTS 1 ½c ½ c 4 oz 4 oz
Damascus flatbread Pizza sauce Shredded mozzarella Sliced Italian sausage Prosciutto
DIRECTIONS Preheat oven to 400 degrees. Layer sauce, mozzarella, sausage and prosciutto on flatbread. Cook for 8 minutes or until flatbread is crispy. Enjoy!
Manhattan INGREDIENTS 2 oz ¾ oz
Rye or Canadian Whiskey Sweet red vermouth Maraschino cherry (garnish) Dash Angostura bitters
DIRECTIONS Stirred over ice, strained into a chilled martini glass, garnished, and served straight up.
(480) 889-5580 | BeverlyOnMain.com
FOR ORANGE TREE EQUESTRIAN MANOR WITH OVER 100 TRANSACTIONS!
ORAN
&
Kelly McLain Realtor
602.625.4653
mclainjk@aol.com www.kellymclain.com
— Orange Tree Update — Change is never easy and for the first time in 17 years I have made a move. To me, making a move has to involve several key aspects: 1. Does the move make sense for my clients? 2. Does the move make sense for me? After doing my homework I answered “Yes” to both. As a bank our rates and fees are much cheaper than your traditional mortgage company. Also, having the backing of a bank allows me the ability to use their in-house bank products for those scenarios not exactly fitting the traditional lending box. As for me, the move to KS State Bank makes great sense. The ability to grow within the banking environment and to also offer mortgage financing across the U.S. with low mortgage rates is a win for all.
Mike Tompkins
Sales Manager Mortgage Loan Originator 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
T
he photo to the right is my latest sale in Orange Tree that I just closed two weeks ago for $1,585,000. This depletes my listing inventory in the Orange Tree area, and with 18 million in closings so far in 2016 I’m always looking for additional inventory to put on the market. Now that fall is here our seasonal buying gets even busier as clients are actively seeking out our area from now through the prime time winter selling season. If you are looking to sell, now is the perfect time to give me a call or contact me via email to view my Berkshire Hathaway marketing proposal. Allow me to show you my track record versus competing companies, and why my listings sell much faster and for higher dollar amounts than the competition.
SQFT
BED BATH LIST PRICE
LIST PER SQFT
We look forward to handling your next Escrow!
D
E
R
Hallowed History & FUN FALL FACTS
Area
11825 N 54th Place 2,561 4 2.5 $570,000 $222.57 Woodleaf 5401 E Poinsettia Drive 2,808 4 2 $612,500 $218.13 Woodleaf 5340 E Laurel Lane 3,124 5 2.5 $625,000 $200.06 Woodleaf 12039 N 60th Place 2,846 5 3 $700,000 $245.95 Equestrian Manor 5421 E Poinsettia Drive 3,600 5 3 $719,000 $199.72 Woodleaf 12034 N 61st Street 4,098 4 3 $739,900 $180.55 Equestrian Manor 5402 E Laurel Lane 3,153 4 3 $749,000 $237.84 Woodleaf 5639 E Cactus Road E 3,088 4 3 $929,000 $300,84 Orange Tree Golf Course 11419 N Saint Andrews Way 4,459 5 3.5 $1,199,000 $268.89 Century Club Estates 12005 N Oakhurst Way 4,800 5 4.5 $1,279,900 $266.65 Orange Tree Golf Course 10601 N Montrose Way 5,392 4 4.5 $1,299,000 $240.91 Orange Tree Golf Course 6226 E Sunnyside Drive 4,548 3 3.5 $1,450,000 $318.82 Equestrian Manor 5726 E Leith Lane 6,730 6 5.5 $1,725,000 $256.32 Orange Tree Golf Course 6136 E Paradise Drive 6,975 5 4.5 $1,890,000 $270.97 Equestrian Manor 6049 E Sunnyside Drive 6,259 7 5.75 $1,999,000 $319.38 Equestrian Manor for the most effective marketing 6211 E Cortez Drive Call 6,360 Phil 5 6 $2,295,000 $360.85 Equestrian Manor 12028 N 60th Place strategies 5,814 4 4.5 to $2,795,000 $480.74 Equestrian Manor . sell your Biltmore property
WANT YOUR PROPERTY TO BE OUR NEXT COVER HOME?
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.
If your home is currently listed, this is not a solicitation for that listing.
I
NEIGHBORHOOD
Currently For Sale in Orange Tree
602-697-0232
S
— Kelly McLain ADDRESS
ccreel@atsaaz.com
N
Year-to-date sales remain extremely strong for 2016. From 52nd Street to 64th Street and Cactus south to Shea we have seen a nearly 100% increase in home sales from 2015. This time last year there were 25 closings or $22,300,000 in sales, this year we have had 47 sales and $42,000,000. Prices have remained fairly flat with a 1.75% increase year to date.
Steve Sherman | 480-570-1117
Account Manager
OrangeTree I
Many of you have called and emailed me about the deteriorating condition of the golf course. I have been told the course will be hiring an additional 3 employees to focus on the overgrown areas all over the course. It does effect the property values in a negative way if the course continues to be neglected. You may voice your concerns to superintendent Mike Molton at mmolton@scottsdalegolfgroup.com
Orange Tree Pool Service & Repairs
Candis Creel
SEPTEMBER J U LY | A|U OCTOBER G U S T 2 02016 16
The #1 Agent
Produced by DLP Marketing • (480)460-0996 • DLPmarketing.com
Metro Market Housing Report
The Beverly
Flatbread & Manhattans
Market Report Presented By Kelly McLain