Prescott Real Estate Round Up

Queensland Heeler saves little girl

Sue — Sat, 20 Feb 2010 21:29:13 +0000

When I read in the paper that a little girl from Cordes Lakes was saved by her dog, I wasn’t surprised that the hero was a Queensland Heeler.

Last Thursday evening, three year old Victoria Bensch wandered away from her Cordes Lakes home, fortunately she was accompanied by her dog, Blue, a Queensland Heeler. Wearing nothing more than a t-shirt and no shoes, Victoria and Blue spent the night enduring freezing temperatures while her family, friends and authorities searched for her. She had been missing for nearly 15 hours when she and Blue were spotted by a DPS helicopter Friday morning.

Blue has been credited for saving little Victoria’s life by keeping her warm and safe during the cold night.

I own two Queenland Heelers and they are smart, loyal and protective dogs. The dog in the picture is my three year old Queensland, Ruby. Our hat is off to Blue for saving little Victoria’s life.

Click on the link below for more on this story.

http://www.azcentral.com/news/articles/2010/02/20/20100220childfound0220.html

Have a great weekend.

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Fewer people are falling behind on their mortgages

Sue — Fri, 19 Feb 2010 17:38:32 +0000

Friday is my favorite day of the week. Even if I have to work all weekend, there’s something good feeling about Friday’s.

Friday is the perfect day for good news, so when I read that fewer people are falling behind on their home loans I felt it would be a good post for the day.

According to MSNBC Business headlines, the number borrowers falling behind on their mortgage payments dropped sharply at the end of last year, a sign the foreclosure crisis is beginning to ebb. This decline is notable because delinquencies usually rise this time of year.

If you would like to read the entire article, please click the link below.
Have a happy Friday everyone!

http://www.msnbc.msn.com/id/35478157/ns/business-stocks_and_economy/

If you have questions about the value of your home or would like to discuss market conditions, please call us at 928.778.4492 or e-mail us at info@thehuffmangroup.com

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Prescott Home Sales and Prices by Neighborhood

Sue — Thu, 04 Feb 2010 22:27:37 +0000

Prices and sales by Neighborhood Jan. 2010	Number of homes for sale	Number of homes pended	Average List Price	Average Sales Price
Timberridge	13	1	$364,626	$318,085
Hidden Valley Ranch	18	0	$387,400	$332,337
Kingswood	4	1	$502,124	$387,000
Forest Trails	15	0	$590,133	$456,900
Eagle Ridge	3	1	$377,666	$311,277
Longview Estates & Fairfield Estates	10	0	$414,770	$431,250
Vista Del Cerro Estates	3	0	$507,633	$644,500
Hassayampa Village	23	1	$1,117,047	$797,818
Southview	10	0	$807,790	$531,333
Pinon Oaks	16	0	$372,946	$324,823
Mountain Club	9	0	$246,922	$211,900

Real Estate numbers are local. It’s nice to know what’s going on nationwide, but most home owners want to know what’s going on in their neighborhood. These numbers are for the Month of January and as you can see, January was a slow month for sale pendings. The average sale prices were calculated over the past six months, average list price is calculated by the current number of active listings. If you would like to see the statistics for your neighborhood and it’s not on this list, please let me know and I will post the numbers.

Interest rates remain at historic lows making this a great time to buy or sell. If you have any questions about market conditions, please call us at 928.778.4492 or contact us by e-mail at info@thehuffmangroup.com

Thanks and have a great day.

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Prescott Real Estate- Gorgeous home with Casita

Sue — Fri, 29 Jan 2010 16:40:19 +0000

This gently-used home located at 330 Dreamweaver offers
numerous upgrades.

Included are upgraded hickory cabinets in the kitchen and great room, upgraded carpeting, travertine stone flooring in the great room and casita, over-sized garage, custom patio surfacing, and European wood laminate flooring in the den.

This home also features a detached casita perfect for a home office, studio or guest quarters. The casita offers a spacious living area and full bath.

The kitchen features gorgeous, upgraded hickory cabinets and granite counters tops and upgraded stainless steel appliances.

Other home features include a cement tile roof, paver driveway, exterior cultured stone, courtyard, upgraded light fixtures and low maintenance landscaping.

Take the Virtual Tour to see this lovely home. For more information, contact Sherry Huffman or Sue Brown at 928.778.4492 or e-mail us at info@thehuffmangroup.com
This home is offered at $319,900. Prescott MLS # 939945

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Immaculate Prescott Condo- The Villages At Prescott Lakes

Sue — Thu, 28 Jan 2010 16:57:23 +0000

1975 Blooming Hills Drive, Unit 212

Enjoy a gated community offering low maintenance living, panoramic views and country club amenities at The Villages At Prescott Lakes.
This beautiful condo is perfect for full time or part residences and is conviently located near shopping and medical services.

This condo features 3 bedrooms, 2 baths, a covered balcony a detached garage. Take the Virtual Tour to see the interior.
This property is offered at $215,000. Prescott MLS# 940569

For more information, contact Sherry Huffman or Sue Brown at 928.778.4492

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Prescott Real Estate- Cloudstone Patio Homes

Sue — Wed, 27 Jan 2010 18:36:20 +0000

329 Dreamweaver, Cloudstone Patio Homes
3 Bedrooms, 3.5 Baths. Large kitchen with granite counter tops, great room with a fireplace, travertine tile flooring, covered patio, fenced yard, tile roof, paver driveway, fully landscaped front and rear. Take a Virtual Tour of this home.
This home is offered at $269,900. Prescott MLS # 940879.

If you are looking for a beautiful home at a great price, look at Cloudstone Patio Homes. Model homes are open daily. Contact Sherry Huffman for more information at 928.533.1833.

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Prescott Real Estate Market Update

Sue — Wed, 20 Jan 2010 18:36:06 +0000

The chart below is the absorption rate for site built, single family homes in the City of Prescott. Absorption rates are a calculation of how long it will take for all of the homes on market to be sold, or absorbed, at the current rate of sales.

The data used came from the Prescott MLS and is deemed reliable, but not guaranteed.

Price Range	Residential Properties On The Market	Closed Sales Last Month	Absorption Rate # Of Months It Will Take To Sell
$300,000 and below	253	34	7.4 Months
$300,001 to $500,000	251	16	15 Months
$500,001 to $800,000	135	10	13 Months
$800,001 to $100,000,000	96	1	96 Months
$100,000,001 and above	46	0	46 Months
Totals	781	61	12.8 Months

The absorption rate has gone up slightly over the past few months, meaning it may take a little longer to sell a home. The listing inventory continues to shrink giving buyers fewer choices, yet homes that are over prices continue to be overlooked. There are smart buyers out there.

For those who still wish to take advantage of the home buyer tax credit, you must have an accepted, binding contract by April 30, 2010, and must close escrow by July 1, 2010.

Call us with any questions, we welcome your comments. Have a great day.

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The Right Asking Price Makes All The Difference

Sue — Tue, 19 Jan 2010 18:03:37 +0000

This Real Estate market is for serious sellers only. I talk with a lot of home sellers. Some are thinking about selling, some have their home on the market right now. Most conversations with home sellers are similar, and the conversation usually ends by discussing price.

There are several ways to determine the value of a property; appraisal, tax accessor, replacement cost, comparable sales and so on. But if you are trying to sell your home and need to sell, there is only one opinion that determines market value and that is the opinion of buyers.

Todays market value is determined by the expectations of buyers. Todays buyers are educated as to market conditions and they do their homework before ever contacting a Realtor. They understand price per square foot, average selling price and are not willing to pay inflated prices.

If your home is on the market and you are not getting many showings, or if you don’t have an offer after 60 days on the market, the buyers are telling you something. Your home is overpriced.

A Real Estate Agent that knows the market conditions will be able to help guide home sellers to the correct listing price and ultimately a successful sale.

If you would like to discuss market conditions and the value of your home, call our office at 928.778.4492. We will be happy to provide you with a no obligation market analysis.

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Looking for a warmer place to call home?

Sue — Thu, 14 Jan 2010 20:50:20 +0000

If you’re tired of looking for your car in this parking lot, maybe it’s time
to consider a warmer climate. Average snowfall in Prescott for the month of January
is 6.1 inches. Just enough to have fun, not ruin your life, or your car.

If this isn’t your idea of a good workout, consider a milder winter in
Prescott, Arizona

If enjoying your yard is nearly impossible this time of year,
come and visit Prescott

Prescott, Arizona has four mild seasons.
The average low temperature in January is 25 degrees
The average high temperature in January is 52 degrees.
The average January snowfall is 6.1 inches

If this winter photo looks a little easier to live with,
come and see us in Prescott.

For more information on Prescott, Arizona weather, contact Sherry Huffman or
Sue Brown at 928.778.4492 or e-mail us at info@thehuffmangroup.com

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Prescott Real Estate- Cloudstone Patio Homes

Sue — Wed, 13 Jan 2010 20:10:02 +0000

Gorgeous and affordable. This home located at 359 Dreamweaver is one of the best buys in Prescott. This home features 2,360 sq. ft., 3 large bedrooms, 2.5 baths, a formal living room with a fireplace, and a spacious family room.

Other features include travertine tile flooring, granite counter tops, tile roof, paver driveway, block fenced yard, landscaping and panoramic views. This home includes a two year warranty.

This home is offered at $259,900
MLS # 940882. Take a Virtual Tour

For more information, contact Sherry Huffman or Sue Brown at 928.778.4492

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