Trails III & IV Homeowners Association
Trails III & IV
The Official Website of the Scottsdale Arizona Trails III & IV Home Owners’ Association.

Funny Jokes - Real Estate and Voting

While looking at a house, a buyer asked the real estate agent which direction was north because, he explained, he didn’t want the sun waking him up every morning.

She asked, “Does the sun rise in the north?”

When another person jumped in and explained that the sun rises in the east, she shook her head and said,

“Oh, I don’t keep up with that stuff.”

And then she voted.

Find more Funny jokes humor and comedy at Funny Jokes or subscribe to the  funny jokes mailing list.

For Real Estate News visit our Real Estate category

CBI Group launches Arizona Acquisition Fund to purchase Undervalued Phoenix Real Estate for Canadian Investors.

CBI Group, the new face of Keystone Real Estate Investments, has announced the launch of a fund that will allow Canadian investors to profit from the downturn of the Phoenix Arizona housing market. The Arizona Acquisition Fund will raise up to 12.5 million (Cdn) to purchase approximately 175 single-family homes in the Phoenix area over the next 12 months.

The Arizona Acquisition Fund is an opportunity for Canadian investors to enhance and diversify their portfolios without the traditional hassles associated with foreign real estate investments. Institutional financing, tenant prospecting, property management and sales processes will handled by CBI Group and their extensive network of Phoenix Arizona Real Estate industry experts residing in Phoenix area.

“Most Canadians are starting to realize that we have ideal market conditions to invest in the U.S. thanks to a strong Canadian dollar and extremely low home prices due to the sub prime mortgage crisis. The Phoenix market remains an area of interest for baby boomers, so we expect that it will produce the greatest profit when it recovers over the next five years.” explains Travis Cadman, co-founder of CBI Group.

For a minimum RRSP eligible investment of $10,000 investors in the Arizona Acquisition Fund will receive a 6% annual bond interest that will be disbursed as cash flow permits as well as a share in 60% of net profits when the homes are sold.

Technorati Profile

Shea Homes Offers new Homes in Growing Area
May 29 , 2008 by Editor

(Maricopa, AZ) - Many people who never thought they’d be able to own their own home, are discovering that the Town of Maricopa offers new homes loaded with features at affordable prices. With new FHA loan limits up to $346,250 and a down payment of only 3% required and zero down payment options, more individuals and families can now realize the American Dream of home ownership. All Shea homes feature quality workmanship, innovative floor plans and numerous options in amenity-rich communities. In addition, the company prides itself on unparalleled customer service, so new home buyers will have a dedicated team helping them through the sales process and beyond. Further, Shea Mortgage assists new home buyers step-by-step through the mortgage process.

Shea Homes offers eight unique floor plans in Villago at Tortosa, a beautiful masterplanned community. Each home boasts versatile living space, energy efficient appliances and countless options that new home buyers can customize to meet their individual lifestyles. Two of the models start in the mid $90,000’s, making owning a new home a reality. The single-story, two bedroom Bellagio offers 979 square feet of well-designed living space and the three-bedroom Milan is over 1,000 square feet featuring three bedrooms, two baths and a den.

Adjacent to Villago, Shea Homes also has seven diverse floor plans in Alante at Tortosa starting at the low $120,000’s as well as six floor plans in Lost Canyon at Rancho Mirage from the high $110,000’s. Square footages range from 979 to over 2,900, providing potential buyers an extensive selection of homes and price points to choose from.

More here: Shea Homes

Phoenix Real Estate - Phoenix Arizona Real Estate News

Here is some information about the new website for the Arizona Foreclosure Prevention Task Force:

Arizona Foreclosure Prevention Task Force

Arizona Foreclosure Prevention Task Force

Tue 6 May 2008

REP. ED PASTOR, FEDERAL HOME LOAN BANK OF SAN FRANCISCO

HOLD FREE FORECLOSURE PREVENTION WORKSHOP in Phoenix Arizona

A Panel of Experts Will Discuss How to Avoid Foreclosures One-on-One Counseling Services for Distressed Phoenix Homeowners

Phoenix Real Estate

Phoenix Arizona Real Estate News

Local Luxury Builder Sees Silver Lining in Phoenix Housing Market - Phoenix Real Estate News Arizona Real Estate News

Phoenix Housing Market

(Scottsdale, AZ) - While the national subprime mortgage crisis has created a glut of single family homes for sale in the Phoenix metropolitan area, the situation is far from desperate for a segment of the real estate market relatively unaffected by the factors that are driving the current downturn in home sales. Affluent buyers are continuing to purchase existing luxury homes or building custom properties to suit their lifestyles here in the Sonoran high desert.

Christy Smith, president of Casas del Oso, a Scottsdale-based luxury home design/builder, believes the weakened US dollar has made buying luxury properties on both coasts as well as in high profile areas such as Scottsdale and Paradise Valley very attractive to wealthy buyers from Canada, Europe and Asia. “Many of the buyers we build for are purchasing their second or third home,” says Smith. “Lifestyle motivates them more than anything else, and they have the means to satisfy a desire to live in multiple locations.” Smith says their sales of custom built homes in the $3 million to $10 million price range have remained steady.

Light rail line brings new development in Tempe

April 01 , 2008 by Editor

While much of the country is experiencing an epic stalling of the housing economy, a new development is beginning construction along Tempe’s light rail line.

Equinox, a 408-unit apartment home property on Apache and McClintock, will open next year. Beyond placing residents on the light rail line and in front of a bus station, Equinox is surrounded by a Park and Ride lot of 956 spaces. This allows residents to drive to the level they live on a walk a very short distance to their home. It also makes it easy for residents of Tempe and the surrounding communities to park just a couple miles outside downtown Tempe and ride the light rail to special events, football games, their workplace, Arizona State University and the surrounding cities that are also on the light rail line.

Light rail line brings new development in Tempe

Phoenix Real Estate

If you are looking for Phoenix Arizona area Multiple Listing Service Listings (MLS) for  finding real estate listings for the Greater Phoenix Arizona area, you can find them online at our Phoenix Real Estate  area on this site.  For news and commentary about Real Estate in general and about Phoenix Real Estate in particular, you can visit our Phoenix Arizona Real Estate News section.

If you are a real estate agent or other real estate professional interested in guest writing for our publication, you can contact our editor by e-mail to discuss the opportunity.

Thank you for your interest.

40 Years Later, Realtors® Remain Vigilant to Ensure Fair Housing for All Americans
As America celebrates the 40th anniversary of the passage of the Fair Housing Act this month, Realtors® continue to be outspoken advocates for fair housing, working with home buyers and sellers to ensure they receive equal access to affordable housing and homeownership.

The Fair Housing Act protects the basic right of all Americans to pursue the dream of homeownership, free from discrimination based on race, color, religion, sex, disability, familial status and national origin. NAR demonstrates its strong commitment to fair housing through partnerships with real estate diversity partners, education, and grant and award programs.

“Realtors® build communities and play a vital role in advancing fair housing laws and improving access to affordable housing,” said NAR President Dick Gaylord, a broker with RE/MAX Real Estate Specialists in Long Beach, Calif. “NAR and its 1.3 million members pledge to continue our work educating home buyers and homeowners in our communities about fair housing laws, discrimination and predatory lending practices, making the dream of homeownership viable for all Americans.”

NAR is working with Congress to make permanent the new FHA and conforming loan limits, mandated by the economic stimulus package, so that Americans can access affordable financing in all areas of the country. Realtors® also continue to push for a stronger, more flexible FHA program, to give more first-time home buyers access to affordable and safe financing options.

Phoenix Real Estate

For the past decade, NAR has been educating Realtors® about being sensitive to and aggressive in meeting the homeownership needs of a diverse society through its “At Home with Diversity” program. More than 25,000 Realtors® have completed the course. In celebration of Fair Housing Month, NAR is waiving the At Home with Diversity® program fee for any local or state Realtor® association that sponsors the course in April. Realtors® can also save 50 percent off the online At Home with Diversity® course this month.

NAR also embraces fair housing by recognizing the efforts of individuals and organizations that advance minority homeownership. NAR joins together with five real estate diversity partners in sponsoring the HOPE Awards (Home Ownership Participation for Everyone). The awards showcase exceptional individuals and organizations that are working to increase minority homeownership, revitalize communities and expand affordable housing opportunities.

In 2007, NAR proudly contributed $1 million to the Martin Luther King, Jr. National Memorial Project. The memorial is due to open on the National Mall in Washington, D.C. in 2009.

In addition, NAR’s Community Outreach Department provides financial resources to local and state Realtor® associations for programs and activities that advance smart growth, diversity and housing opportunities. Grants of up to $5,000 are awarded twice a year; more than $239,000 was awarded in 2007.

The National Association of Realtors®, “The Voice for Real Estate,” is America’s largest trade association, representing 1.3 million members involved in all aspects of the residential and commercial real estate industries.

Fixing the Mortgage Mess

- Phoenix Real Estate News Arizona Real Estate News