Phoenix Metro Realty Blog

The spec home of the week that I posted on 4/23/2008 SOLD. That was a great deal. DR Horton spec homes are competitively priced, they don’t mess around like other builders. They are selling more homes in Maricopa compare to the entire Multiple Listing Service, MLS. Most of the homes going “Pending” in the MLS […]

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It’s become more difficult to find affordable rentals as rental rates rise due to high demand.
According to the U.S. Census Bureau, the median rate for rentals has jumped 14 percent.  Rental rates have increased from $591 a month in 2003 to $673 in 2007.  Average rent is expected to rise 5.2 percent in 2008 compared […]

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We celebrated our first year anniversary in Business by opening a branch in Tempe. We moved in April 3rd, it supposed to be ready on the 1st but the building property manager is slacking, the office needed to be painted and it’s hard to work with that new paint smell. This Tempe office will be […]

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As the American dollar continues to depreciate compare to the Canadian dollar, Canadians are buying Real Estate in the US as a vacation home and residential rentals.
Washington State developers in the Finger Lake areas say over 80% of the buyers are from Canada. “The Canadians are just running out of space, and affordable space at […]

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Dependable Property Management Service in Phoenix Arizona
Phoenix Metro Realty - Residential Property Management serves the following areas: Southern Phoenix, Scottsdale, Laveen, Ahwatukee, Chandler, Ocotillo, Tempe, Gilbert, Mesa, and the new city of Maricopa. These service areas are within a thirty minutes drive from our centrally located office in Tempe. We provide Property Management to single […]

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Average apartment rents in the United States rose 1 percent in the first quarter of 2008.
According to Reis, Inc. a real estate research firm, rates have risen 24 quarters in a row.  Rates haven’t fallen since the first quarter of 2002, according to Reis, when they decreased by 2%.
The “dominant driver” pushing people to rentals […]

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Alright it’s official; we started our property management in our brokerage. We already have a client and rented his house on February 1st. We are finalizing the owner’s agreement this week and we’re planning to have 10 rentals by March. Service areas are Maricopa, Chandler, Ocotillo, Ahwatukee, and Tempe.
http://www.phoenixmetrorealty.com/propertymanagement.html

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