Famous Dave's BBQ

I grew up in Chicago surrounded by great places to dine. My favorite food in chicago is rib tibs and BBQ. When I moved here I was a little disappointed in the BBQ places in Metro Phoenix area, the meat was dry or no flavor. I decided to try Famous Dave’s BBQ to my surprise Dave’s serves rib tips and BBQ. Famous Dave’s BBQ is great, the meat is so tender it just fall off the bone. You can have your BBQ dry or wet, plenty of sauce at the table. I seldom eat everything on my plate but all the sides are delicious including the homemade desert. Famous Dave’s offer eat in, carry out or cater service. If you eat in the service is great everybody is smiling and willing to serve your needs. Famous Dave’s is a great place to take your family and friends out to dine. Dave’s prices are not expensive either ribtips are $9.99 not bad at all. Famous Dave’s have several locations in Metro Phoenix area Peoria, Chandler, Mesa and San Tan Valley. I like to to visit Famous Dave’s in Peoria the staff is very friendly. Famous Dave’s motto ” only the finest pig carry Famous Dave’s donor card”

I hear this all the time “what should I offer”, I tell my buyers to offer their highest and best offer if they want to buy a house.  Recently I had a client that saw a house and it had all the things in a new home they wanted and need.  I advised my client that the house had an offer and was at the counter stage of the offer.  I explained to my client that if you to buy this house we need to put an offer in tonight before the  owner counter come back.  Well my buyers wanted to go home and think about the offer never called me back that night.  The next day their dream home was in pending status under contract.  My clients lost out on their dream house, I took them out to view other homes but that dream house was always on their minds.  My client now is hoping the dream house  contract will fall out of contract but this house is a regular sale.   Some good advice for all buyers, if you see a house you like put an offer in immediately, dream homes don’t last long on the market.  When buyers go out with their agents have all your necessary documents ready to go such as your earnest money check and proof of funds.  Signing an offer is made so easy now  for buyers, you don’t have print your offer  just sign them online with esign.  Most realtors want to make your transaction as smooth as possible.  So next time you are out with your realtor and see your dream house, put an offer in right away going home to think about your dream house will cause you to lose out.  If a buyer offer their highest and best offer, you most likely with get your dream house.

Young Fathers Group

Who Should Attend?   Yound Men under 18 years old who have childeren or who are expecting children.

 GROUPS WILL DISCUSS IMPORTANT TOPICS SUCH AS:

Financial Literacy, Resume Writing, Job Retention Skills,  Goal Setting,

 Parental Responsibility, Effective Communication Skills

 Parental Impact on Children, Increase Quality Time with Your Child

 RSVP to Delia Consentino FSC 602-316-1938  Consentino@azdjc.gov

Parents and Family come join us for the Free Kick off dinner Thursday August 18th!!  From 6-8 PM

Presented by: Father Matters in partnership with South Phoenix Healthy Start and ADJC

Classes Mondays 1:00 PM –3:00 PM  –  Starting 8-22-11

2802  N. 37 Ave.

Phoenix, AZ 85009

Teen DADS ONLY - SPACE IS LIMITED CALL TODAY TO RESERVE YOUR SPOT!  RSVP by 8-17-11 4:00 PM

 Funding for this workshop is made in part through a grant from the South and Central Phoenix Regional Councils of First Things First

 Certificates of completion given at the end of the FREE workshop

wages and weekends. Shining brightly more than 300 days each year.

The warm weather attracts an estimate $5 billion annually to valley economy.

Tourism also draws a steady flow of newcomers looking to settle down in the

Phoenix area.  For every three people come to valley 2 leave.  Nine months

of the year is beautiful spring like weather. The summers are hot reaching over

the 100 degrees but it is all dry heat except during monsoon season. Humidity

is almost none existing except during monsoon season.  Many people during

monsoon season sit watch the lightening in the evening such graphic sight

There are many economic opportunity in Metro Phoenix, many newcomers

are transferred or secured jobs once arriving. Phoenix offer leading private

sector employers including U.S Airway, Chase Bank, Samaritan Health System,

American Express travel related services,and many more. Among the many companies

with corporate or regional headquarters in the valley are Intel Corp, U Haul

International, Phelps Dodge Corp, and Boeing employment draw many newcomers

to the valley.

When the weekend comes many people in Metro Phoenix especially in the summer

time drive up to the lakes and nearby attractions.  There are 5 lakes driving

distant to the Metro Phoenix area.  Phoenix offer water-sking, power boating,

sailing and fishing. If you are not into a lot water sports drive up to the

Grand Canyon to cool off. The valley is a mecca for hikers and campers. Just

pick your mountains, Camelback, Piestewa Peaks, Papago Park which are favorites

due to they are so close to home. You can go horseback riding, hiking, or just

ride your bike. If your are looking for Phoenix real estate agent contact me at

888.897.7821 x 108 so you can I can help you find your new home in  Metro Phoenix.

4th of July Festivals and Fireworks Celebrations First week of July
Every city and town in the Valley has some sort of Independence Day event that is suitable for the entire family.

On average, 21.2% of single family homes have received at least one Notice of Trustee Sale (the bank is letting you know that you have an auction date) since the beginning of 2006.  !!!!!

On average, 12.6% of the single family homes in Maricopa County have been foreclosed (ie the bank took them back) with a recorded Trustee Deed since the beginning of 2006.  That’s just over one in eight homes.  !!!!!  NOTE:  there are some 1,300 or so unrecorded Trustee Deeds as of December 22.

So where in the Valley has this foreclosure percentage been highest?  Here are the top 10 zip codes with the highest foreclosure rates:

1-85043 Phoenix

2-85353 Tolleson

3-85037 Phoenix

4-85335 El Mirage

5-85354 Tonopah

6-85326 Buckeye

7-85323 Avondale

8-85033 Phoenix

9-85379 Surprise

10-85031 Phoenix

All of these are in the West Valley; in fact, it isn’t until #24 that you find a property not in the West Valley (it’s in S. Phx).    There’s also evidence that foreclosure prevention attempts are not successful in these areas (or maybe not attempted?).

We see that the two types of areas least affected by foreclosures are those containing higher end homes and the 55+ communities. In many of the luxury home areas there is evidence reflecting a higher success rate in avoiding foreclosure, most frequently through a short sale (or maybe more aggressively or consistently pursued?).

It almost goes without saying that foreclosures have a direct effect on home pricing. Hence the ZIP Codes with the most foreclosures are usually those where home prices have fallen the most, while those with lesser foreclosures have fallen the least. However, the relationship is not exact.

Sun City West 85375 has the greatest preservation of $/SF across the whole valley. But then it also has had the lowest percentage of foreclosures. Again looking for anomalies we see that Chandler 85286 and 85249, Gilbert 85233 and Mesa 85205 have preserved their pricing better than would be expected based on their foreclosure rates.

We can also see that many parts of the Southeast Valley, particularly Tempe, Ahwatukee and South Chandler have preserved their pricing much better than Maricopa County as a whole. This is also true of most of the Northeast Valley.

It is true that foreclosures cause home prices to fall, but it is a vicious cycle since it is also true that falling home prices cause foreclosures – they cause more homes to go underwater and their owners to feel less motivated to maintain their loan payments.

What does this mean to you? It depends from what angle you’re looking.  If you’re looking to short sell, we should look at the trends in your neighborhood and act accordingly.  If you’re looking to buy, ‘a deal’ isn’t necessarily found in a neighborhood with high foreclosures.  A deal is a good price on a home you love in a neighborhood you’re excited about.

Please contact me to discuss your specific situation and needs.

“Casting about in MLS data for signs of a market bottom and subsequent recovery has proved elusive over 2009 and 2010,” the report concludes. “The one-step-forward-two-steps-back phenomenon has become all too familiar in our fragile recovery.”

• The PPI predicts that the median sales price of a home in November will be about $120,000, relatively unchanged from October. The median is expected to drop in December to $117,000, rise in January back to $120,000 and then drop once again in February fairly dramatically to $105,000.  The median is the number in the middle, so there are as many houses priced below the median as above the median.
• Average sales prices are projected to rise slightly in December but to fall in both January and February. The estimate is for the average price to be about $161,200 in November and drop to $145,800 in February.
• New inventory declined in October, but total inventory increased.
• October listings represent nearly seven months of supply making this a buyer’s market. A seller’s market is a four to five month supply.
• Pending foreclosures have been trending downward slightly for the past 12 months.
• Distressed sales, short sales and lender owned sales peaked in September representing 74 percent of total transactions. In October distressed sales represented 65 percent of the total.

For guidance on your specific needs, please contact me at 602-741-1325.  Happy holidays!

The explanation for this reduction in credit score is that the request for the loan modification paperwork is the first indicator that they’re at risk which means a credit score ding.    Consumer Data Industry Association, a trade group in Washington which represents the credit bureaus, says that people would not be asking for help unless they were having sever money troubles.  “The consumer is going into the program because they’re in a financial bind; other lenders would need to be aware of that”. (Norm Magnuson, spokesman; Yahoo Finance 2010).

So, as you’re making decisions about what to do with a mortgage that you’re not happy with, make sure you speak to someone who has experience with not only loan modifications but also short sales to get all questions about credit scores and your options answered.  Go to www.BethAHickey.com for more information on distressed property transactions.

Sales volume was down 6% from August while average pricing is also down 2.5% (price per square foot down 3%).  If you look at sales from Septeber ’09, sales were down 13% and pendings down 22% from last year.  Although this sounds bad, month to month pendings have been increasing about 4% so it seems buyer activity is keeping somewhat dependable and this will positively keep inventory moving if it can be sustained.  The supply on the market increased 2.7% from August, primarily by properties <$200k.  With this price range being attractive for investors, both for flipping and buy&hold, we could see an increase in buying activity by this sector of our market and since inventory is increasing, prices should remain favorable for quite some time.  Foreclosure notices are holding steady, which would which lends to increasing inventory (and hence maintaining favorable buying prices).

For my full Market Trends Report, please go to www.BethAHickey.com for a request.  I will not contact you outside of this report unless requested.