ROCK
YOURS! Environmentally Friendly Contemporary Home
IF YOU ARE LOOKING FOR A REALTOR® WHO CAN SUCCESSFULLY NEGOTIATE YOUR PURCHASE OR SALE FROM START TO FINISH, MEET PETER FOR A COMPLIMENTARY CONSULTATION. We will market your property and/or help you find your next home with exceptional service and results.
E!
IV
When you are ready to purchase a home or sell your current residence, let our many years of real estate experience go to work for you. Your interests will always be our first priority. Fountain Hills residents since 2002, we are committed to our client’s total satisfaction through our strong work ethic and our local market knowledge of the various communities within the town. We have successfully sold properties in Firerock and would be happy to show you how we can help you with your next Firerock real estate transaction.
Single Level with Breathtaking Views S LU
C
EX
16107 E Shooting Star Trl | $995,000 Red Mountain Views | Cul-de-Sac Street
15817 E FireRock Country Club Dr | $1,485,000 Gorgeous Custom Ceilings | Backyard Paradise
REAL ESTATE ACTIVITY IN FIREROCK ADDRESS
Currently For Sale
SQFT
16107 E Shooting Star Trail 3,987 9529 N Four Peaks Way 3,564 9625 N Rock Ridge Trail 3,818 15905 E Firerock Country Club Drive 5,894 15817 E Firerock Country Club Drive 3,987 10044 N Palisades Boulevard 3,516 9710 N Palisades Boulevard 4,117 10020 N Palisades Boulevard 4,122 10032 N Palisades Boulevard 5,567 9240 N Lava Bluff Trail 4,660 9744 N Fireridge Trail 4,932 9718 N Four Peaks Way 5,923 10130 N Palisades Boulevard 5,129 9839 N Palisades Boulevard 6,115 9210 N Fireridge Trail N 6,079 9524 N Four Peaks Way 6,142 15407 E Crested Butte Trail 6,804 9118 N Vista Verde Court 8,081 9733 N Four Peaks Way 9,230 9127 N Vista Verde Court 7,672
BED BATH LIST PRICE
SOLD PRICE
LIST/SOLD/SQFT
3 3 3 4 3 3 5 4 5 3 4 4 4 8 4 6 4 5 5 5
2.5 3.5 3.5 6.5 4.5 2.5 4.5 4.5 4.5 3.5 4.5 5.5 4.5 8 4.5 5 7 5.5 7 6.5
$995,000 $1,195,000 $1,299,000 $1,350,000 $1,485,000 $1,640,000 $1,750,000 $1,799,000 $1,900,000 $1,950,000 $1,967,000 $1,974,000 $1,975,000 $2,100,000 $2,175,000 $2,299,000 $2,499,000 $2,590,000 $2,999,000 $3,399,000
$249.56 $335.30 $340.23 $229.05 $372.46 $466.44 $425.07 $436.44 $341.30 $418.45 $398.82 $333.28 $385.07 $343.42 $357.79 $374.31 $367.28 $320.05 $324.92 $443.04
4 4 6 4
5.5 5 6.5 6
$1,399,000 $1,495,000 $2,195,000 $2,299,000
$228.37 $274.66 $365.83 $370.75
4,718 4
4.5
$1,095,000 $995,000
$232.09/$210.89
SEPTEMBER | OCTOBER 2016
Real Estate with a View...
Lifestyle F I R E R O C K
Hallowed History & FUN FALL FACTS
COE
FireRock Market Report Exclusively Presented By
Sale Pending 10104 N McDowell View Trail 9132 M Fireridge Trail 15935 E Tombstone Trail 10056 N Palisades Boulevard
6,126 5,443 6,000 6,201
Recently Sold 16044 E Star Gaze Trail
7/1/16
Statistics gathered from ARMLS. All information deemed reliable but not guaranteed. (Single-Family Residences)
Peter Shambreskis
REALTOR®, ABR, CRS, GRI, SFR
480.229.6468
Corinne Howard
REALTOR®, e-Pro, GRI, SFR, SRS
480.837.8068
www.FireRockHomesForSale.com If your home is currently listed, this is not a solicitation for that listing.
Determine Your Home’s Current Value with Sold Home Alert®! Alan Band Loan Officer NMLS #: 258276 Office: (602) 753-1409 Cell: (602) 390-5539 alanb@fairwaymc.com The Sold Home Alert® and Home Scouting Report® are free home finding services provided directly to you as a homebuyer by Home Buyers Marketing II, Inc. (HBM2), a licensed real estate brokerage services company. The Preferred Loan Officer’s role is to assist in determining a comfortable home price range for HBM2 to use when it is searching for property listings within your search criteria. The Preferred Loan Officer is neither an employee of HBM2, nor the provider of the Home Scouting Report®. The Real Estate Agent and HBM2 are cooperating, licensed real estate professionals. The Cooperating Real Estate Agent is neither an agent nor a broker for HBM2, but works cooperatively with HBM2 to assist buyers in their home buying efforts. © 2015 Home Buyers Marketing II, Inc. Fairway Independent Mortgage Corporation. NMLS#2289. 4801 S. Biltmore Lane, Madison, WI 53718, 1-877-699-0353. Copyright©2015. All rights reserved.
Metro Market Housing Report
“WE’RE CRAZY ABOUT QUALITY”
602-944-4600
www.kykoroofing.com
Produced by DLP Marketing • (480)460-0996 • DLPmarketing.com
The Beverly
Flatbread & Manhattans
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
ROCK
YOURS! Environmentally Friendly Contemporary Home
IF YOU ARE LOOKING FOR A REALTOR® WHO CAN SUCCESSFULLY NEGOTIATE YOUR PURCHASE OR SALE FROM START TO FINISH, MEET PETER FOR A COMPLIMENTARY CONSULTATION. We will market your property and/or help you find your next home with exceptional service and results.
E!
IV
When you are ready to purchase a home or sell your current residence, let our many years of real estate experience go to work for you. Your interests will always be our first priority. Fountain Hills residents since 2002, we are committed to our client’s total satisfaction through our strong work ethic and our local market knowledge of the various communities within the town. We have successfully sold properties in Firerock and would be happy to show you how we can help you with your next Firerock real estate transaction.
Single Level with Breathtaking Views S LU
C
EX
16107 E Shooting Star Trl | $995,000 Red Mountain Views | Cul-de-Sac Street
15817 E FireRock Country Club Dr | $1,485,000 Gorgeous Custom Ceilings | Backyard Paradise
REAL ESTATE ACTIVITY IN FIREROCK ADDRESS
Currently For Sale
SQFT
16107 E Shooting Star Trail 3,987 9529 N Four Peaks Way 3,564 9625 N Rock Ridge Trail 3,818 15905 E Firerock Country Club Drive 5,894 15817 E Firerock Country Club Drive 3,987 10044 N Palisades Boulevard 3,516 9710 N Palisades Boulevard 4,117 10020 N Palisades Boulevard 4,122 10032 N Palisades Boulevard 5,567 9240 N Lava Bluff Trail 4,660 9744 N Fireridge Trail 4,932 9718 N Four Peaks Way 5,923 10130 N Palisades Boulevard 5,129 9839 N Palisades Boulevard 6,115 9210 N Fireridge Trail N 6,079 9524 N Four Peaks Way 6,142 15407 E Crested Butte Trail 6,804 9118 N Vista Verde Court 8,081 9733 N Four Peaks Way 9,230 9127 N Vista Verde Court 7,672
BED BATH LIST PRICE
SOLD PRICE
LIST/SOLD/SQFT
3 3 3 4 3 3 5 4 5 3 4 4 4 8 4 6 4 5 5 5
2.5 3.5 3.5 6.5 4.5 2.5 4.5 4.5 4.5 3.5 4.5 5.5 4.5 8 4.5 5 7 5.5 7 6.5
$995,000 $1,195,000 $1,299,000 $1,350,000 $1,485,000 $1,640,000 $1,750,000 $1,799,000 $1,900,000 $1,950,000 $1,967,000 $1,974,000 $1,975,000 $2,100,000 $2,175,000 $2,299,000 $2,499,000 $2,590,000 $2,999,000 $3,399,000
$249.56 $335.30 $340.23 $229.05 $372.46 $466.44 $425.07 $436.44 $341.30 $418.45 $398.82 $333.28 $385.07 $343.42 $357.79 $374.31 $367.28 $320.05 $324.92 $443.04
4 4 6 4
5.5 5 6.5 6
$1,399,000 $1,495,000 $2,195,000 $2,299,000
$228.37 $274.66 $365.83 $370.75
4,718 4
4.5
$1,095,000 $995,000
$232.09/$210.89
SEPTEMBER | OCTOBER 2016
Real Estate with a View...
Lifestyle F I R E R O C K
Hallowed History & FUN FALL FACTS
COE
FireRock Market Report Exclusively Presented By
Sale Pending 10104 N McDowell View Trail 9132 M Fireridge Trail 15935 E Tombstone Trail 10056 N Palisades Boulevard
6,126 5,443 6,000 6,201
Recently Sold 16044 E Star Gaze Trail
7/1/16
Statistics gathered from ARMLS. All information deemed reliable but not guaranteed. (Single-Family Residences)
Peter Shambreskis
REALTOR®, ABR, CRS, GRI, SFR
480.229.6468
Corinne Howard
REALTOR®, e-Pro, GRI, SFR, SRS
480.837.8068
www.FireRockHomesForSale.com If your home is currently listed, this is not a solicitation for that listing.
Determine Your Home’s Current Value with Sold Home Alert®! Alan Band Loan Officer NMLS #: 258276 Office: (602) 753-1409 Cell: (602) 390-5539 alanb@fairwaymc.com The Sold Home Alert® and Home Scouting Report® are free home finding services provided directly to you as a homebuyer by Home Buyers Marketing II, Inc. (HBM2), a licensed real estate brokerage services company. The Preferred Loan Officer’s role is to assist in determining a comfortable home price range for HBM2 to use when it is searching for property listings within your search criteria. The Preferred Loan Officer is neither an employee of HBM2, nor the provider of the Home Scouting Report®. The Real Estate Agent and HBM2 are cooperating, licensed real estate professionals. The Cooperating Real Estate Agent is neither an agent nor a broker for HBM2, but works cooperatively with HBM2 to assist buyers in their home buying efforts. © 2015 Home Buyers Marketing II, Inc. Fairway Independent Mortgage Corporation. NMLS#2289. 4801 S. Biltmore Lane, Madison, WI 53718, 1-877-699-0353. Copyright©2015. All rights reserved.
Metro Market Housing Report
“WE’RE CRAZY ABOUT QUALITY”
602-944-4600
www.kykoroofing.com
Produced by DLP Marketing • (480)460-0996 • DLPmarketing.com
The Beverly
Flatbread & Manhattans