Calling St. Joseph
June 18th, 2009 categories: Beyond Real Estate, Real Estate News
Over the years, home sellers have tried every concieveable practice out there in an effort to sell their home faster. Meditations, home selling dances, burning sage, clearing spirits from the house and of course, calling upon every Realtor’s favorite Patron Saint, St. Joseph.
St. Joseph was the earthly father of Jesus and husband of Mary, another favorite Saint of mine. Joseph is the patron saint of workers, carpenters and families. It has been a long tradition of all faiths that burying a statue of St. Joseph in your yard, or a potted plant if you don’t have a yard, will help your home sell faster.
Calling upon St. Joseph to help you sell your home is simple and the kits are readily available on many web sites and in stores. Simply bury the statue in your yard 6 to 12 inches deep, upside down facing the house, the location may vary as long as you can find the statue when the home sells. The final step is saying a prayer to St. Joseph. Step by step instruction are included with the statue.
I believe the true power of burying the St. Joseph statues lies in your faith that your home is going to sell quicker with his help.
Having St. Joseph on your team is a great start, but one other thing that will really make a difference is pricing your home competitively and hiring an experienced Realtor.
Make necessary repairs before putting your home on the market and make sure your home is in saleable condition.
If you would like to discuss market conditions or if you have questions about selling your home, please call us at 928.778.4492.
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Cloudstone Patio Homes Phase B
June 15th, 2009 categories: Cloudstone Patio Homes, Home Buyers, Real Estate News
Cloudstone Patio Homes is nearing completion on the first patio home in Phase B.
The estimated completion date for 
1606 Cool Breezes Lane is June 20th.
This 3 bedroom, 2 bath home features some of the best views in Prescott! Other features include granite counter tops, 9′ ceilings, a spacious great-room with a fireplace, cultured stone accents on the exterior, designer doors, carpet and tile flooring, front and rear landscaping, block wall and wrought iron fencing, covered front porch and covered back patio, two car attached garage and a $5,000 credit toward buyers closing costs.
This home is offered at $299,900 and comes with a two year contractor warranty.
MLS# 935678
Take a Virtual Tour of the Cloudstone Neighborhood.
Views of Granite Mountain from the rear patio.
If you would like more information on the Cloudstone Patio Home subdivision, please contact Sherry Huffman or Sue Brown at 928.778.4492 or 928.533.1833. For more information on Cloudstone Patio Homes, visit www.cloudstonepatiohomes.com
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Prescott Real Estate market update, June 12th, 2009
June 12th, 2009 categories: Prescott Market Statistics, Real Estate News
Below is the monthly update for the Prescott Real Estate Market.
Absorption rates are a calculation of how long it will take for all the homes on the market to be sold, or absorbed at the current rate of sales.
| Price Range | Residential Properties On The Market | Closed Sales Last Month | Absorption Rate # Of Months It Will Take To Sell |
|---|---|---|---|
| $300,000 and below | 231 | 31 | 7.45 Months |
| $300,001 to $500,000 | 334 | 14 | 23.8 Months |
| $500,001 to $800,000 | 213 | 4 | 34.8 Months |
| $800,001 to $100,000,000 | 69 | 2 | 53.25 Months |
| $100,000,001 and above | 68 | 0 | 68 Months |
| Totals | 915 | 51 | 17 Months |
Prescott Real Estate- Year to Date Sales Information
| Property Type | Listings For Sale |
Current Pending Sales |
Closed Sales Year To Date |
|---|---|---|---|
|
Single family Residential |
931 | 131 | 218 |
| Vacant Land |
1,452 | 10 | 22 |
| Condos & Town Homes & Patio Homes |
141 | 13 | 18 |
| Multi Family Properties |
26 | 0 | 4 |
| Commercial Properties |
209 | 6 | 4 |
| Business Opportunities |
11 | 0 | 1 |
The information provided is courtesy of the Prescott Area Association of Realtor MLS. This information is deemed reliable but not guaranteed.
If you would like more information on the Prescott Real Estate market, please contact us at 928.778.4492 or e-mail us at info@thehuffmangroup.com
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Old Real Estate Sayings That Are True Today
June 8th, 2009 categories: Home Sellers, Prescott Homeowners
There are a lot of old sayings in the Real Estate business. Some of them are true, some not. Here are five old sayings that are true in any type of Real Estate market.
1. Your First Offer is Your Best Offer. I have sold or been involved with hundreds of Real Estate transactions over the years, and more times than not, the first offer to come in is usually the best offer. When a seller receives an offer on their home, it may be less than expected or desired. After negotiating, Seller and Buyer cannot come to terms, the deal dies and the search for another buyer resumes. More times than not, offers that follow are incrementally less than the first offer, and ultimately the seller wishes they had made the first offer work. Remember, don’t step over dollars to save pennies.
2. Low Ball Offers Don’t Necessarily Get You the Best Price. Extremely low offers can lead to an insulted seller, which typically leads negotiations to nowhere. Most sellers are emotionally attached to their homes and a low offer may be perceived as insulting. I recommend that buyers know the comparable sales prices in the neighborhood and make an offer slightly below that. If the sales prices ends up near market value, everybody wins.
3. Overpricing your home is a huge mistake. This is and always has been the biggest mistake a seller can make. Sellers do not set property values, the market and buyers do. If you over price your home, you run the risk of always being behind the curve, trying to play catch up with price reductions and probably in the end, getting less for your home. If you are serious about selling your home, Price it competitively from the start.
4. It’s Nearly Impossible To Under Price A Home. If a home is truly priced below market value, chances are it will receive multiple offers driving the price back up to market value, maybe even a little higher.
5. It’s important to Offer The Most and Cost The Least. This is the secret to selling your home for top dollar, with the least amount of hassles and in a reasonable time period. I recently met with a client who sold a condo in Michigan, which due to the economy is a difficult place to sell a home. She explained to me that while her condo was on the market, she personally looked at all of the other condos listed for sale in her complex. After previewing her competition, she made sure that her condo was the best and brightest and priced below her competition. Needless to say, her condo sold, while the others are still sitting on the market to this day. She went on to say that since she closed escrow, values have declined further in her former neighborhood.
My business if full of old sayings and rules of thumb. The above are just a few that are heard on a regular basis, especially in today’s market.
If you would like to discuss current market conditions or any Real Estate needs, please call us at 928.778.4492.
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I’m Ready for Monsoon Season
June 1st, 2009 categories: Beyond Real Estate, Home Buyers
When it comes to the weather, I’m kind of a weather nut. I love lightening and thunder, and the closer and louder it is, the better! The summers in Prescott are especially exciting for someone like me because of the Monsoon thunderstorms. The Monsoon Season begins around the first part of July, ending sometime in September and the thunderstorms they produce can be unbelievable.
This May we had “Pre-Monsoon” storms with beautiful thunderheads developing in the afternoon and even a few inches of rain.
The Climate Prediction Center’s precipitation outlook for June, July and August 2009 calls for enhanced probabilities of above normal rainfall in Arizona. Yippee!
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April existing homes sales rise nationally by 2.9%
May 27th, 2009 categories: Home Buyers, Market Update
According to an article on MSNBC’s web site, April home sales were up 2.9% nationally. Click the link below to read the entire article.
http://www.msnbc.msn.com/id/30961104/
Prescott home sales have been increasing since the first of the year, mainly due to lower prices and lower interest rates. Prescott is affordable again and home buyers are taking advantage of the great deals out there.
See tomorrows blog for the latest Prescott Real Estate sales statistics.
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Memorial Day
May 23rd, 2009 categories: Beyond Real Estate
Memorial Day, originally called Decoration Day, is a day of remembrance for those who have died in our nation’s service.
Thank you to all of the men and women who made the ultimate sacrafice to protect our country and our freedom.
Wishing all of you a happy and safe Memorial Day Weekend.
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Prescott Real Estate- The Cottages At Prescott Lakes
April 27th, 2009 categories: Home Buyers, Prescott Neighborhoods
The Cottages At Prescott Lakes
1378 Kwana Court
Prescott Lakes Subdivision
“The Cottages” is a gated community within the Prescott Lakes subdivision.
1378 Kwana Court offers gorgeous panoramic views of Granite Dells and Willow Lake. The covered patio is a wonderful place to relax and enjoy the view.
The interior of this home is bright, open and immaculate. Take a Virtual Tour to see the interior and the views! 1378 Kwana Court Virtual Tour
Offered at $284,900
MLS# 936861
Contact Sherry Huffman or Sue Brown for more information at 928.778.4492 or e-mail info@thehuffmangroup.com
The Cottages at Prescott Lakes
Prescott, Arizona
The Cottages is a gated community of 216 single level cottages style homes that straddle the master planned community of Prescott Lakes. Many of the homes offer beautiful, panoramic views of Granite Dells, Willow Lake, The San Francisco Peaks and Granite Mountain.
The homes were constructed between 2000 and 2004. There are several different floor plans that range in size from 1400 square feet to 2000 square feet, with two and three bedrooms, two bathrooms, a two car attached garage, a separate den and covered back patio.
Prescott Lakes features a 12 acre, 18 hole, Hale Irwin Signature Golf Course. The subdivision is beautifully landscaped with lakes, ponds and waterfalls. Walking paths, parks and a beautiful athletic facility make this one of Prescott’s finest planned communities.
Directions: From Hwy 89, take Prescott Lakes Parkway, look for “The Cottages” monument sign, enter through the gates.
For additional information on 1378 Kwana Court, please contact The Sherry Huffman Group at 928.533.1833.
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Prescott Real Estate- Cloudstone Patio Homes Phase B
April 13th, 2009 categories: Cloudstone Patio Homes, Home Buyers
1606 Cool Breezes Lane
Prescott
Cloudstone Patio Homes Phase B
Construction is underway at Cloudstone Patio Homes Phase B.
These beautiful patio homes offer gorgeous, panoramic views of Granite Mountain, Thumb Butte, The San Francisco Peaks and Granite Dells.
Standard home features include granite tile counter tops, 9′ ceilings, front landscaping, exterior cultured stone, 8′ Carriage house garage doors, 8′ front door, ceramic tile in foyer, kitchen, laundry and baths. Kitchen features include walk in pantry (per plan), deluxe appliances, raised panel maple cabinets and a 30″ four burner range.
For a complete list of standard features, visit www.cloudstonepatiohomes.com
1606 Cool Breezes Lane
1,942 sq. ft.
Single Level
Two Car Attached Garage
2 Bedrooms, 2 Full Baths
Panoramic Views
Offered at $299,900
MLS# 935678
Views of Granite Mountain from the deck of 1606 Cool Breezes
Take a Cloudstone Neighborhood Virtual Tour
Buy the lot / home package, or just the lot.
For more information, contact Sherry Huffman at 928.533.1833 or e-mail at info@thehuffmangroup.com
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Happy Easter
April 12th, 2009 categories: Beyond Real Estate
Wishing all of you a Happy Easter
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