Interest Rates

As I'm sitting in my weekly meeting a loan officer with Citi has informed us interest rates are on the rise. It has gone from 3.5% to 4.5%.  You can't go wrong with this rate as it's still great but just to inform you if you are looking to purchase a home, rates are rising and it doesn't look like they are going to come back down.  If I had a crystal ball I would let everyone know. 

There are currently 12,009 single family homes in Maricopa County.  Still not a lot of inventory and the good ones are still going fast.  Some sellers are overpricing their homes but buyers are sometimes paying these prices.  I have noticed with some buyers the appraisals have come in less and yes the seller has come down or met the buyer half way, therefore the buyer still had to come in with extra cash.   Everything is negotiable. 

As a seller, still make sure your home looks good. Clean up after yourself, de-clutter your home, fix anything which needs fixing, etc.  It is a turn-off even in today's market.  If you don't take care of your home a buyer may think there are other problems with the home which have been neglected. 

For a buyer, make sure you are pre-qualified.  If not contact a lender and get approved.  Have all your paperwork in so there are no waiting periods and the lender can move your transaction and make it a smooth process.  We want to close on time and get you into your new home.

I would love to help you if you are looking to buy or sell.  Please contact me at 480-695-9683 or at marcigcox@gmail.com

Homes available for sale and rent

I have a few listings which I would love to share with you.  Amazingly they are still available and could be yours!

Homes for Sale:

18630 N. 16th Pl. - This home features 3 bedrooms and 2.5 baths.  A loft was converted to an office and one of the bedrooms had a wall knocked down to enlarge it...you could put the wall back up and have 4 bedrooms.  Upgraded carpeting, Corian countertops, plantation shutters, extended patio, water softer and reverse osmosis.  This is in a gated community and walking distance to North Canyon High School, a park and bus stop.  Great hiking also is nearby as well as access to Loop 101. 

 

The next home:

4803 E Patrick Ln - This home is a 4 bedroom, 2.5 bath and an office!  So much space!  Real wood floors and tile throughout the home, no carpet anywhere!  Easy to clean.  When you first enter this home the foyer welcomes you with pillars which lead into the dining room.  The dining room is adjoined with the family room and looks out to the pool.  The kitchen is open and bright and has another sitting area.  This is a split floorplan and the master is huge!  A woman's dream with a large walk-in closet, shower and tub, and a sitting area all in the master suite.  Real wood floors are in the master, office and dining/family area.  Walk outside to a nice size yard which features a pool and a firepit.  You won't be disappointed with this house.  You are close to Desert Ridge shopping and Loop 101.

Now onto the rentals:

1880 E Morten Ave. #110 - This is a ground floor unit with 1 bedroom/1 bath.  New flooring to be installed.  Located towards the middle of the complex, it is very quiet.  This is a gated community near Central Phoenix. Close to Aunt Chilada's - great mexican food!  All appliances are included.

15652 N. 52nd St. - This 3 bedroom, 2 bath has recently been updated with newer flooring - carpet and tile.  Painted, blinds, new stove.  Large backyard with a storage shed.  It is ready for move in and for you to call it home!

Contact me to view any of these listings!  Marci Cox 480-695-9683 or email me at marcigcox@gmail.com