8
3 rd Quarter 2012 To contact The Ryan Team, fax, mail, E-Mail or call us at: RE/MAX Infinity 2450 S. Arizona Ave. Suite 1, Chandler, AZ 85286 (480) 726-7000 E-Mail: [email protected] Each office independantly owned & operated Pictured: Bill Ryan, Kerri Wade, Jess Bays, Missy Spoon, Michelle Carey, Alita Kalgaard, Lisa Whyte, Cory Whyte, Mitch Tabor, Cathy Carter. Market Summary for the Beginning of August Although supply remains low by normal standards, it has been creeping upwards since early June, while sales volume has been in decline. The significant fall in sales volume is partly due to restricted supply, but the third quarter is always a weaker time of year for ordinary home buyers. The market is certainly less frenetic than it was in the spring and the Cromford Market Index is gradually falling from its peak of 181.7 reached on April 22. Let us look at the basic numbers for August 1, 2012 relative to August 1, 2011. For all areas & types across ARMLS we record the following: Active Listings (excluding AWC): 13,403 versus 20,196 last year - down 34% Active Listings (including AWC): 20,085 versus 27,787 last year - down 28% Pending Listings: 10,412 versus 11,491 last year - down 9% Monthly Sales: 7,112 versus 8,663 last year - down 18% Monthly Average Sales Price per Sq. Ft.: $98.54 versus $79.86 last year - up 23% Monthly Median Sales Price: $145,000 versus $109,000 last year - up 33% Greater Phoenix REO sales dropped below 14% of the monthly total this morning, the first time this has occurred since January 4, 2008. At their peak on February 11, 2009, they constituted 71.1% of monthly sales. Although it will take some time for them to disappear completely, REOs are no longer a major factor in the market. Contrary to to the popular myth, there are not a lot of foreclosed homes in lenders' posses- sion, so we don't expect this REO supply to increase. (Continued on page 2)

Ryan 3rd Qtr Proof

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Page 1: Ryan 3rd Qtr Proof

3rd Q

uarte

r 201

2

To contact The Ryan Team, fax, mail, E-Mail or call us at:

RE/MAX Infinity2450 S. Arizona Ave. Suite 1, Chandler, AZ 85286

(480) 726-7000E-Mail: [email protected] office independantly

owned & operated

Pictured: Bill Ryan, Kerri Wade, Jess Bays, Missy Spoon, Michelle Carey, Alita Kalgaard, Lisa Whyte, Cory Whyte, Mitch Tabor, Cathy Carter.

Market Summary for the Beginning of August

Although supply remains low by normal standards, it has been creeping upwards since early June, while sales volume has been in decline. The significant fall in sales volume is partly due to restricted supply, but the third quarter is always a weaker time of year for ordinary home buyers. The market is certainly less frenetic than it was in the spring and the Cromford Market Index is gradually falling from its peak of 181.7 reached on April 22.

Let us look at the basic numbers for August 1, 2012 relative to August 1, 2011. For all areas & types across ARMLS we record the following:

Active Listings (excluding AWC): 13,403 versus 20,196 last year - down 34% Active Listings (including AWC): 20,085 versus 27,787 last year - down 28% Pending Listings: 10,412 versus 11,491 last year - down 9% Monthly Sales: 7,112 versus 8,663 last year - down 18% Monthly Average Sales Price per Sq. Ft.: $98.54 versus $79.86 last year - up 23% Monthly Median Sales Price: $145,000 versus $109,000 last year - up 33% Greater Phoenix REO sales dropped below 14% of the monthly total this morning, the first time this has occurred since January 4, 2008. At their peak on February 11, 2009, they constituted 71.1% of monthly sales. Although it will take some time for them to disappear completely, REOs are no longer a major factor in the market. Contrary to to the popular myth, there are not a lot of foreclosed homes in lenders' posses-sion, so we don't expect this REO supply to increase.

(Continued on page 2)

Page 2: Ryan 3rd Qtr Proof

SUBDIVISION ADDRESS BED BATH SQ FT PRICE

Alamosa Estates 1017 E Tonto Dr 5 4 4139 405000

Alma School Place 495 W Longhorn Dr 4 2 2400 315000

393 W Remington Dr 7 4 5275 471000

Arizona Impressions 2282 E Spruce Dr 4 2.5 2374 153000

Arden Park 2479 S Dakota Pl 4 3 3040 430000

Brittany Heights 2435 W Weatherby Way 4 3 3291 367000

Canyon Oaks Estates 1547 S Tower Pl 4 2 2171 275000

Carino Estates 135 W Oriole Way 4 3.5 2967 356000

853 W Raven Dr 3 3 1985 237000

2871 S Illinois Pl 3 2 2823 357000

2680 S Holguin Way 3 2 1860 202000

Catalina Shores at Ocotillo 1759 W Tonto Dr 5 3.5 4362 662000

4451 S Ambrosia Dr 4 2.5 2967 499900

Chandler Heights Estates 1225 E San Carlos Way 4 3 2999 245000

1411 E Crescent Way 4 2 2791 269000

Clemente Ranch 2425 S Pecan Dr 5 3 3057 345000

1182 W Pelican Ct 4 2.75 1846 208000

1343 W Oriole Way 5 2.5 2716 330000

1693 W Sparrow Dr 3 2 1539 163333

2201 S Karen Dr 5 3 1846 225000

1896 W Lark Dr 4 3 3057 269000

1613 W Sparrow Dr 4 3 2337 279000

1872 W Falcon Dr 4 2 1833 239000

2974 S Santa Anna Ct 4 2 2242 278000

Cooper Commons 2811 E La Costa Dr 4 2 2171 205000

2347 E Hazeltine Way 4 2.5 2370 184000

2065 E Indian Wells Dr 3 2 1701 170000

2420 E Augusta Ave 5 3 2450 226000

2102 E La Costa Dr 4 2 2010 188000

6144 S Teresa Dr 4 3 3114 283000

2322 E Torrey Pines Pl 4 3 2350 178000

2288 E Gleneagle Dr 3 2 1162 107000

2401 E County Down Dr 5 2 2650 200500

2850 E La Costa Dr 3 2 2171 190000

2441 E Augusta Ave 3 2 1860 200000

Cooper Corners West 1643 E Zion Way 6 3.5 4019 337000

Estates at Ocotillo 3643 S Agave Way 3 2 2763 300000

Fox Crossing 747 W Locust Dr 5 3 2664 305000

483 W Myrtle Dr 4 2.5 3008 346000

657 W Myrtle Dr 4 3 2684 32400

744 W Indigo Dr 3 2 1795 212000

Recent Closed Sales – July 2012 (from MLS) Infor-mation deemed accurate but not guaranteed. For up-to-date sales information, please contact Bill Ryan at 480-726-7000 or 694-7733. NO OBLIGATION!

Market Summary for the Beginning of August

(Continued from page 1)

In contrast, short sales comprised 31.4% of all sales in Greater Phoenix in July. This is even higher than the 29.3% we now measure for June 2012. With short sales selling for a lower average price per sq. ft. than REOs, this has a negative effect on average pricing over the last 2 months.

Normal sales have fallen from 56% to 54.6% of sales and their pricing is down from $116.82 to $115.62 per sq. ft.

The changing supply situation varies greatly by location. Cities with significant rises in single family active listings (excluding AWC) include El Mirage (up 194% since June 1, 2012), Ari-zona City (up 49%), Queen Creek (up 47%), Maricopa (up 43%), Anthem (up 38%), Avon-dale (up 32%), Casa Grande (up 31%), Flor-ence (up 27%), Buckeye (up 25%), Tempe (up 25%), Mesa (up 25%), Glendale (up 23%), Goodyear (up 20%), Gilbert (up 19%) and Phoenix. However further falls in supply oc-curred in Gold Canyon (down 22%), Tolleson (down 19%), Sun City (down 19%), Sun Lakes (down 13%), Sun City West (down 11%), Laveen (down 9%), Fountain Hills (down 9%), Paradise Valley (down 8%), Scottsdale (down 7%), Cave Creek (down 5%), and Apache Junction (down 3%).

It is striking how accurately the average price per sq. ft. for under contract listings has fore-told the monthly average sales price per sq. ft. The under contract average $/SF trend turned somewhat negative after April 27, while that for monthly sales $/SF followed suit on June 16.

Clearly we need to be watching the average $/SF for under contract listings to look for signs of the next big move in pricing.

So what’s your home worth? Give us a call and we will be happy to email you current values in your neighborhood or deliver a complete market analysis to you. We are available 7 days a week at 480-726-7000 or by email at [email protected]. And don’t forget all of the great information avail-able on our website! www.billryanrealtor.com

Proud Papa Bill with grand-son Will.

Page 3: Ryan 3rd Qtr Proof

SUBDIVISION ADDRESS BED BATH SQ FT PRICE

Harbour Club at Ocotillo Lakes 3195 S Cascade Pl 4 3 2645 305000

Kerby Estates 786 E Blue Ridge Way 4 2.5 2985 299000

Lagos Vistoso 674 E Las Colinas Pl 5 3 2019 234000

745 E Bellerive Pl 5 5 4097 420000

629 E Indian Wells Pl 3 2 2458 192000

Lantana Ranch 3773 S Hudson Pl 3 2 2345 260000

1411 E Indigo Pl 3 2 1999 196570

1405 E Aloe Dr 5 3 2512 291000

1333 E Jade Dr 5 2.5 2890 300000

Mesquite Grove Estates 5480 S Dragoon Dr 5 3.5 3561 405000

Montefino Village 1910 W Periwinkle Way 2 2 1311 173000

Monterey Bay at Ocotillo 3870 S Columbine Dr 5 3.5 3238 340000

Oakwood Lakes 913 W Nolan Way 3 3 2666 405000

871 W Cherrywood Dr 4 2 2085 282500

750 W Cherrywood Dr 4 2 2417 265000

724 W Beechnut Dr 4 2 2121 359900

841 W Cherrywood Dr 4 3 2806 270000

811 W Cherrywood Dr 3 2 1520 200000

Ocotillo 3102 S Pennington Dr 5 2.5 3118 340000

2246 W Periwinkle Way 4 2 1961 208962

Paseo Crossing 5752 S Crossbow Pl 4 3.5 3610 379000

724 E Gemini Pl 4 3 2932 315000

Pecos Aldea 2288 E Flintlock Pl 3 2 1118 150000

2368 E Flintlock Pl 4 2 1627 180000

Pecos Ranch 1381 S Yucca Pl 3 2 1283 172000

Pecos Ranch Estates 2313 W Enfield Way 6 4 4546 390000

1543 S Tamarisk Dr 4 3 3001 410000

Riggs Country Estates 1931 E Sagittarius Pl 4 4.5 4046 412000

Riggs Ranch Meadows 2783 E Nolan Pl 5 3 4038 565000

Rockwood Estates 897 E Cedar Dr 5 4 3125 355000

San Martin at the Vineyards 1760 S Yucca St 3 2 1706 175000

Silverton Ranch 1872 W Springfield Way 3 2 1399 162500

1631 W Springfield Way 4 2 2162 265000

1831 W Winchester Way 4 2.5 2039 180000

Solera, Springfield Lakes 3028 E Hazeltine Way 2 2 1680 227500

3440 E Firestone Dr 2 2 1680 200000

Springfield 1491 E County Down Dr 2 2 1602 215000

6330 S Senate St 2 2 1272 180000

1362 E Torrey Pines Ln 2 2 1142 155900

1401 E Bellerive Dr 2 2 1100 152500

1392 E Waterview Pl 2 2 1170 145000

1473 E Indian Wells Dr 2 2 1101 152500

6631 S Callaway Dr 3 3 2407 245000

When his 38 caliber revolver failed to fire at his intended victim during a hold-up in Long Beach , California would-be robber James Elliot did something that can only inspire won-der. He peered down the barrel and tried the trigger again. This time it worked.

An American teenager was in the hos-

pital recovering from serious head wounds received from an oncoming train. When asked how he received the injuries, the lad told police that he was simply trying to see how close he could get his head to a moving train before he was hit.

Seems an Arkansas guy wanted

some beer pretty badly.. He decided that he'd just throw a cinder block through a liquor store window, grab some booze, and run. So he lifted the cinder block and heaved it over his head at the window. The cinder block bounced back and hit the would-be thief on the head, knocking him un-conscious. The liquor store window was made of Plexiglas. The whole event was caught on videotape.

The Ann Arbor News crime column

reported that a man walked into a Bur-ger King in Ypsilanti , Michigan at 5 A.M., flashed a gun, and demanded cash. The clerk turned him down be-cause he said he couldn't open the cash register without a food or-der. When the man ordered onion rings, the clerk said they weren't avail-able for breakfast... The man, frus-trated, walked away. [A 5-STAR STU-PIDITY AWARD WINNER]

When a man attempted to siphon

gasoline from a motor home parked on a Seattle street by sucking on a hose, he got much more than he bar-gained for. Police arrived at the scene to find a very sick man curled up next to a motor home near spilled sew-age. A police spokesman said that the man admitted to trying to steal gasoline, but he plugged his siphon hose into the motor home's sewage tank by mistake. The owner of the ve-hicle declined to press charges say-ing that it was the best laugh he'd ever had.

Darwin Award Winners

Page 4: Ryan 3rd Qtr Proof

Automatic MLS Notification Of Activity In Your Subdivision! If you would like to receive the details each time a home in your subdivision goes on the market or sells, we’ll be happy to set

up a free email notification for you! No cost! No obligation! Just free info! Email the following information to [email protected] The following information is required: Your name, address, phone number and email address.

Please put “Auto MLS Notification Request” in the subject line.

1045 N Saguaro St $205,000 MLS #4797991 Andersen Springs home with 3 bedrooms, 2.5 baths, 2 car garage, pool, and 1786 square feet. Fireplace, open floor plan, Classy Clos-ets, balcony and close to everything!

981 W Desert Broom Ct $225,000 #4792352 Great room plan, carpet and tile, vaulted ceilings, Corian counters, built-in entertain-ment unit, cul-de-sac corner lot. 3 bedrooms, 2 baths, 1657 sf, 2 car garage.

1248 N Bernard St $249,900 MLS #4776110 Meticulously cared for home. 3 bedrooms, 2 baths, 2013 sf, split 3 car garage. RV gate, low maintenance landscaping, neutral oversized tile throughout, great room plan.

785 W Beechnut Dr $299,000 MLS #4789539 4 bedroom 2 bath home with 2226 square feet, 3 car tandem garage. Oakwood Lakes, light and open, new interior paint, sky lights and bay windows. Immaculately maintained home.

3447 W Blue Ridge Wy $350,000 #4775034 3036 sf with 4 bedrooms and 3 bathrooms, plus a pool and 4 car garage! Diagonal tile, granite counters, bedroom and full bath downstairs. Built in BBQ stand, RV gate.

2703 S Rincon Dr $379,000 MLS #4770266 HUGE home with 3469 sf, 5 bedrooms, 3.5 baths, bonus room and loft. Granite counters, gas range, island in kitchen. Diving pool, BBQ, extended patio, garage cabinets.

2132 W Spruce Dr $429,000 MLS #4784872 5 bedrooms, den and 3 full baths. 3438 sf, 3 car split garage with 4’ extension. Salt water self cleaning pool, huge family room, formal living and dining, open kitchen with hickory cabinets and Corian counters plus upgraded appliances and a pantry too! Huge lot.

2658 E Virgo Pl $599,000 MLS #4775883 Circle G at Riggs Homestead Ranch. 37,479 sf lot, 3257 sf home. Formal living room and dining room plus a family room with huge windows that overlook a masterfully designed back yard complete with pool, spa, mature desert landscaping and a horseshoe pit!

3820 E Kingbird Pl $379,900 MLS #4797343 Pristine Chandler home with 5 bedrooms, 4 baths, 3430 sf, salt water pool and private back yard. Stainless steel appliances, granite counters, custom 2-tone paint, central vac-uum, water softener, RO system, surround sound and more.

Page 5: Ryan 3rd Qtr Proof

Call Bill today for an up-to-date evaluation of your home and the

local market!

(480) 726-7000

2333 S Eileen Pl $1,050,000 MLS #4780743 Ryan Estates mansion with 4 bedrooms, 4.5 baths, 5160 sf on a 23,504 sf lot. This spectacular home was built by one of the top custom home builders in the Southeast Valley as his personal residence, so you know it’s got it all! Stone and wood floors, wood beam ceilings, custom steam room off the ramada, pool, spa, fireplaces, top of the line kitchen, and the list goes on!

Meet The Ryan Team at RE/MAX Infinity!

Bill Ryan Kerri Wade Missy Spoon

Mitch Tabor

Lila Shell Neica Adkins

Lisa Whyte Cory Whyte Alita Kalgaard Cathy Carter Jess Bays

Michelle Carey

If you think an expert is expensive, wait until you’ hire an amateur.

Support Staff

Sales Team

What Sellers Need To Focus On If you're thinking of selling your home, it's good to know what today's buyers are looking for in a home they want to buy. Remember, these are national trends. See us for details about trends specific to our local area.

HOT Stainless Granite Hardwood floors Chrome, brushed nickel or oil rubbed bronze fixtures Earth tones contrasted with bright colors Eco-friendly Open spaces

NOT White Laminate Wall-to-wall carpet Brass, gold Pastels, bright everywhere Conspicuous consumption Divided, separated rooms

No matter what the style or condition of your home, there is a buyer for it. Contact us to discuss what updates make the most sense for our market.

Page 6: Ryan 3rd Qtr Proof

This publication is for entertainment purposes only. All information is believed to be correct but is not guaranteed. This newsletter is not intended as a solicitation if your home is listed by another broker.

Want more info on our listings? Check us out on the web! We have dozens of photos, virtual tours, printable flyers, and more on our properties. Or you can search the MLS through our website, get mortgage payment information, market stats, school reports and much more.

www.BillRyanRealtor.com

SUBDIVISION ADDRESS BED BATH SQ FT PRICE

Springfield Lakes 6460 S Granite Dr 2 2 1158 152000

Sun Groves 4181 E Winged Foot Pl 5 3.5 2732 183000

4737 E Firestone Dr 5 3.5 3709 314000

4873 E Firestone Dr 5 4 3753 305000

4983 E Cherry Hills Dr 4 2.5 2192 193000

6741 S Pearl Dr 5 3.5 3207 299000

4087 E County Down Dr 4 2.5 3432 240000

6727 S Garnet Way 4 3.5 2851 237000

6904 S Opal Dr 4 2.5 2854 289000

4987 E Westchester Dr 5 3 2851 245000

6070 S Agate Pl 4 2.5 2192 199900

4545 E Runaway Bay Dr 4 2 2134 189900

4168 E Peach Tree Dr 3 2 2396 202000

4985 E Indian Wells Dr 5 3 2506 255000

4138 E Peach Tree Dr 4 2.5 3432 239000

6921 S Pearl Dr 4 2 2232 188000

6950 S Turquoise Pl 4 2 2082 165000

Sun River 6994 S Scott Dr 4 3 2955 282000

2702 E Palm Beach Dr 4 3 3409 305000

2956 E Hazeltine Way 3 2 1837 225000

2933 E Winged Foot Dr 4 2 2391 279990

2571 E Palm Beach Dr 4 2 2421 270000

Tierra Linda 2155 E Champagne Pl 5 3.5 4156 700000

Tristan 1851 W Wildhorse Dr 4 2.5 2043 199000

1844 W Remington Dr 3 2 1288 171500

What Home Buyers Should Ask Now

1. Is our rent equal to a loan payment? If you can afford to buy, owning a home can give you one bonus that renting cannot -- lucrative tax breaks:

• Deductions for payments of mortgage interest, loan discount points and real es-tate taxes. • Home-office deductions for qualified owners. • Deductions for expenses if you rent out your property. • Home-sale capital-gains exclusion -- profits up to $500,000 tax-free!

2. Are prices in our preferred area steady? Talk to us to find out the local details. There are neighborhoods where prices have stabi-lized and others where values have in-creased recently.

3. Will our equity go further where homes cost less? By moving to a place where homes are less expensive -- and general living costs are lower -- your money will go a lot further a lot longer.

4. Will we live in this home for several years? Financial planners often advise buyers to think of real estate as you would any other large investment: The longer you hold your home before selling, the higher the probabil-ity you'll ride out any downturn and come out ahead on price when you decide to sell.

5. Is this the perfect home for us? The schools are fantastic. The proximity to your office, gym, favorite stores can't be beat. You love the area and the home, and you won't find another one like it. In a seller's market, you'll have competition for that home, and you'll need to act fast to buy it.

Must be a generation thing...

Page 7: Ryan 3rd Qtr Proof

Corporate Organizational Chart

Things heard in 1955… I'll tell you one thing, if things keep going the way they are, it's going to be impossible to buy a week's groceries for $10.00. Have you seen the new cars coming out next year? It won't be long before $2,000.00 will only buy a used one. Did you hear the post office is thinking about charging 7 cents just to mail a letter? If they raise the minimum wage to $1.00, nobody will be able to hire outside help at the store. When I first started driving, who would have thought gas would someday cost 25 cents a gallon. Guess we'd be better off leaving the car in the garage. I read the other day where some scientist thinks it's possible to put a man on the moon by the end of the century. They even have some fellows they call astronauts preparing for it down in Texas. If they think I'll pay 30 cents for a haircut, forget it.

Did you see where some baseball player just signed a con-tract for $50,000 a year just to play ball? It wouldn't surprise me if someday they'll be making more than the President. I never thought I'd see the day all our kitchen appliances would be electric. They're even making electric typewriters now. It's too bad things are so tough nowadays. I see where a few married women are having to work to make ends meet. I'm afraid the Volkswagen car is going to open the door to a whole lot of foreign business. The fast food restaurant is convenient for a quick meal, but I seriously doubt they will ever catch on. No one can afford to be sick anymore. At $15.00 a day in the hospital, it's too rich for my blood. There is no sense going on short trips anymore for a week-end. It costs nearly $2.00 a night to stay in a hotel.

Page 8: Ryan 3rd Qtr Proof

Bill Ryan RE/MAX Infinity 2450 S Arizona Ave #1 Chandler AZ 85286

Phone 480-726-7000 Website: www.BillRyanRealtor.com

We would love to add your home to our publication! Call Bill today at 480-726-7000 and ask him about his “Aggressive Marketing Plan”!

Read, Act, Recycle When you’re done with our newsletter, please be green and pass it on. We’d love for you to share our timely real estate news and informa-tion with your friends and family. We appreci-ate your referrals and look forward to working with those you recommend to us! Thank you for your continued trust in our professional service. The Ryan Team @ RE/MAX

November 10th—Saturday The Ryan Team’s Annual Client Appreciation Party!

Invitations will be mailed the

middle of October, so be sure to watch

for yours!