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West Valley Small Business Workshop Comes to Avondale

by Joe Bourland

West Valley Small Business Workshop Comes to Avondale

Avondale really loves its small local businesses. So it’s no surprise that the City of Avondale would offer a west valley small business workshop to help business owners in Avondale learn about ways to grow their business. The 1st Annual West Valley Small Business Workshop is offered Thursday, March 19th from 3:00 p.m. to 5:00  p.m. at the Avondale American Sports Center located at 755 N. 114th Avenue, Avondale AZ 85323.

The City of Avondale workshop will address topics such as the best ways to market your business, where you can find finance options, and how to increase profit margins. Subject matter experts throughout the Valley will lead the workshops and will also discuss finance, talent recruitment, marketing and branding, and accounting.  Attendees will also have the opportunity to find out what their business health score is in today’s market. 

The Avondale Small Business Workshop is the perfect opportunity for small business owners to discover how to take their business to the next level of success! This is a free event and seating is limited so interested business owners are encouraged to register soon. To register, a business owner can go to www.avondale.org/smallbiz

For more information about local west valley events and Avondale real estate news, please contact us. - Joe

Joe Bourland

The Bourland Group

RE/MAX Professionals

623-322-8588

www.joearizona.com

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Avondale State of the City Event and Business Mixer

by Joe Bourland

Avondale State of the City Event and Business Mixer

The City of Avondale recently embarked on an exciting journey with the launch of their new brand for the city that aptly defines the Avondale community: “Aspiring. Achieving. Accelerating.” As a part of this proudly presented brand initiative the City of Avondale will host State of The City 2015: Avondale Means Business, a business mixer focusing on economic development and business partnerships, on Thursday, March 5th from 6:00 p.m. to 8:00 p.m. The event will take place at Avondale City Hall’s outdoor Amphitheater located at 11465 W Civic Center Drive in Avondale, amid a sunset backdrop with food, entertainment and more.

In his keynote inaugural State of the City Address, Avondale Mayor Kenneth Weise will highlight many of last year’s accomplishments, including the city’s development and redevelopment successes. The city will also highlight three companies whose contributions and stories embody Avondale’s brand story of Aspiring, Achieving, and Accelerating. The event will also include entertainment, opportunities to mix and mingle, and refreshments provided by “uniquely Avondale” businesses. The event is open to the public, however RSVPs are requested. Dress is business attire. Click here for more information or to register for the Avondale State of The City Event and Business Mixer.

For more information about local events in Avondale, AZ please contact us! – Joe

Joe Bourland

The Bourland Group

RE/MAX Professionals

623-322-8588

www.joearizona.com

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Serving Meals of Love at the Ronald McDonald House

by Joe Bourland

Serving Meals of Love at the Ronald McDonald House

As many of you know, our family lived in the Ronald McDonald House in Los Angeles, California for a month last summer when our son Jackson had to have back to back heart surgeries. In June he had to have two surgeries; the first being a double valve transplant (Aortic and pulmonary) and the second being a valve replacement (the Ross Procedure)

While we were going through this life changing journey with Jackson, we had the pleasure of being on the receiving end of several “Meals of Love" during our stay. Meals of Love is program which provides an opportunity for individuals and groups to get involved with the Ronald McDonald House by providing a home cooked meal for the children and families staying at the House. The volunteers were so supportive and wonderful that my wife Courtney and I decided to return the favor here in Arizona. On Monday, February 16th, we helped by serving dinner to the families at the Ronald McDonald House in Phoenix.

The Ronald McDonald Cambridge House is the newest addition to the RMHC Phoenix facilities. The House, located on the campus of Phoenix Children's Hospital, opened its doors in June of 2008 and provides housing for the growing number of families traveling to Phoenix to receive treatment for their seriously ill or injured children.

It was an honor and a privilege to have the opportunity to give back and repay the kindness to other families who were going through the same struggles we ourselves had faced not that long ago. If you’d like more information about how you can help support this wonderful non-profit charity, please visit http://www.rmhcphoenix.com/cambridge-house. – Joe

Joe Bourland

The Bourland Group

RE/MAX Professionals

623-322-8588

info@joearizona.com

www.joearizona.com

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2015 Market Update

by Joe Bourland

2015 Market Update

February is the month of love, and I love to keep my commitment which is to keep you updated on our current real estate market. The RE/MAX National Housing Report for this year shows year end home sales bouncing back. Although home sales have generally been lower in 2014 than 2013, three of the last four months have experienced sales higher than the same month last year. As a result, the Months Supply of inventory rose to 5.7 on a scale where 6.0 indicates a market balanced equally between buyers and sellers.

“After a sluggish start, it’s nice to see the year end on a positive note. Even though we’re well into the winter months, homebuyers felt confident enough to enter the market in greater numbers than just one month ago. And with prices rising at a much slower rate than last year, sellers continue to increase their equity, while buyers don’t feel priced out of the market.” -Dave Liniger, RE/MAX, LLC CEO, Chairman and Co-Founder

Because inventory has generally moved in a positive direction this year and demand has been slightly below 2013 levels, home prices have not been rising as rapidly as last year according to the most recent January 2015 National Housing Report.

If you’re thinking of buying an investment property or buying a home in Avondale, now is the time before prices increase. I can help you navigate through each step of the process to assist you with making the best real estate investment decisions. Let me help you with your real estate investment goals for 2015. Call me today! – Joe

Joe Bourland

The Bourland Group

RE/MAX Professionals

623-322-8588

info@joearizona.com

www.joearizona.com

Search our Listings

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Let’s Move! Avondale

by Joe Bourland

Let’s Move! Avondale

February is National Heart Health Month and the objective to taking care of your heart by staying active should start at an early age. That’s why I’m so proud to see the Let’s Move! program in Avondale. So what’s it all about?

Let’s Move! is a comprehensive initiative dedicated to solving the challenge of childhood obesity within a generation, so that children born today will grow up healthier and able to pursue their dreams. Combining comprehensive strategies with common sense, Let's Move! is about putting children on the path to a healthy future during their earliest months and years. Giving parents helpful information and fostering environments that support healthy choices. Providing healthier foods in our schools. Ensuring that every family has access to healthy, affordable food. And, helping kids become more physically active.

Avondale is an official ‘Let’s Move!’ city, as part of the national movement to improve the health of our community by providing programs and services that promote healthy choices and physical activity.

Last year, the City of Avondale community was awarded medals for recognizing the achievements in addressing childhood obesity through Let’s Move! Five medals were awarded to Avondale for action taken to improve access to healthy affordable food and increase opportunities for physical activity. These medals were awarded specifically for Avondale’s achievements in Start Early, Start Smart and My Plate, Your Place initiatives for promoting best practices for nutrition, physical activity, and screen time in early care and education settings through annual training to care providers as well as being a venue that prominently displays MyPlate in all municipal venues where food is served.

Due to last year’s success, the Avondale community will be promoting the program again this year. Avondale, in partnership with University of Arizona, Maricopa County Cooperative Extension Program, will present free family-focused nutrition workshops in the next few weeks.

For more information about Let’s Move! activities in Avondale or for local events happening in Avondale, please contact us.- Joe

Joe Bourland

The Bourland Group

RE/MAX Professionals

623-322-8588

info@joearizona.com

www.joearizona.com

Search our Listings

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West Valley Listing Inventory

by Joe Bourland

Supply and Demand....The Phoenix Real Estate Market

by Joe Bourland

Margaret Kelly, RE/MAX CEO on the positive signs for the housing market.

As you will see, the inventory in the Phoenix market is extremely lowDemand is high

Are you toying with the idea of selling your home?  Would you like a free Market Analysis of your home? 

Email Joe with your property address as the subject line and he will email you back a complementary Market Analysis of your home.

joe@joearizona.com

 

 

October Market Update

by Joe Bourland

 

October is upon us and market conditions continue to improve.  There are several positive indicators in our local market including jobs on the horizon. According to Lee McPheters, editor, WP Carey School of Business at Arizona State University in an article dated Sept 28, 2012 entitled, Six Months Running: Arizona Ranks Among Top Ten Growth States,Arizona non-agricultural employment increased over-the-year by 2.3 percent in August, a growth rate sufficient to keep the Grand Canyon State ranked among the top ten for the sixth consecutive month. Arizona placed sixth among all states in the rate of job creation, down two notches from fourth position in July.”

In addition, in keeping my commitment to you to keep you updated on current real estate market, next are some comments and statistics compiled by Michael Orr, Cromford Associates, LLC: 

“In September we started to see a change from the summer doldrums that have hung around since June. Before we comment on what's going let us examine the basic ARMLS numbers for October 1, 2012 relative to October 1, 2011 for all areas & types. Nothing very impressive there, assuming we have all got used to the idea that average price per sq. ft. for sales is up 23%. The luxury market has had its usual quiet summer …

  • Active Listings (excluding AWC): 15,562 versus 19,327 last year - down 19% - and up 8% from last month
  • Active Listings (including AWC): 21,624 versus 26,869 last year - down 20% - and up 5% from last month
  • Pending Listings: 9,714 versus 10,841 last year - down 10% - and down 4% from last month
  • Monthly Sales: 6,719 versus 7,645 last year - down 18% - and down 15% from last month
  • Monthly Average Sales Price per Sq. Ft.: $100.80 versus $80.33 last year - up 25% - and up 2.7% from last month
  • Monthly Median Sales Price: $150,000 versus $114,467 last year - up 31% - and up 2.9% from last month

Orr goes on to say The change in price over the last 12 months is clearly impressive. There are very few occasions in which the average price per sq. ft. rises by 25%. The only previous time I know of is May 2005 to March 2006 and that was at the height of the bubble. A rise of 2.7% in the single month of September would also normally be startling, but we have got used to big numbers. When the market eventually gets back to normal we should expect to see 2.7% for a whole year, not a single month.

Homes are still selling very quickly and sometimes going for more than list price- If you are thinking of selling NOW is a great time! OR, if you are thinking of buying an investment property or 2nd home- now is the time before prices really increase!

Real Estate is my FULL TIME career. I can help you navigate through all of this information to find answers that make sense for you- to make your best real estate investment decisions.

Call me TODAY if I can help you or someone you know with their real estate investment goals!

Best regards  ~

JOE                                                                                                         

Supply and Demand.....Supply Low/Demand High!

by Joe Bourland

According to The W. P. Carey School of Business at Arizona State University, in an article entitled Phoenix-area Home Prices continue to Soar- Market also Has Short supply, Increase in Foreclosures… “Phoenix-area home prices have been zooming up for months, and the streak continued in May. However, a new report from the W. P. Carey School of Business at Arizona State University takes a closer look at the short supply of available houses, an increase in foreclosures, and a possible leveling off of skyrocketing prices this summer. The report on Maricopa and Pinal counties reveals:

  • The median single-family home price went up more than 32 percent from May 2011 to May 2012.
  • The overall housing supply dropped by 50 percent in the same time frame.
  • The number of completed foreclosures of single-family homes and condos combined went up 18 percent from April to May.

The report’s author, Mike Orr, says high demand and low supply remain the dominant factors in the Phoenix-area housing market. For example, the number of active listings for single-family homes without a contract in the greater Phoenix area was down to 8,550 as of June 1. Fierce competition for available homes has continued to push prices up.”  You can read the entire article at: http://wpcarey.asu.edu/news-media/news-release-display.cfm

In keeping my commitment to you to remain updated  on current market conditions… Below are some statistics compiled by Cromford Associates, LLC.  As of August 1, 2012 from Arizona Regional Multiple Listing Service (Maricopa County):

There were 20,085 Active Residential Listings- Same time last year we had 27,787

This number includes “active with contingency” offers (6,682)- so if you exclude these “AWC’s”, the inventory available is even lower at just 13,403 Active Listings

Using the total and at a rate of 7,167 sales per month (as of 8/1/12), the months supply is at 2.9; however excluding the AWC, the supply is just over 1 ½  months!!

Of 20,085 total Active Residential listings:

1,177 were Lender Owned- (6%) - same time last year:  3,782 (14%)

6,966 were Pre-Foreclosure/Short Sales (35%)- same time last year: 10,823 (39%)

10,460 were Normal Listings (52%) – same time last year 11,611 (42%)

There were 10,412 transactions pending- same time last year 8,663

 So as you can see, inventory of homes for sale remains EXTREMELY LOW!!  Homes are typically selling quickly and sometimes going for more than list price- If you are thinking of selling NOW is a great time! Call me TODAY for a market analysis of what your home might sell for in today’s hot market conditions!

Real Estate is my FULL TIME career. I can help you navigate through all of this information to find answers that make sense for you- to make your best real estate investment decisions.

Please don’t hesitate to let me know if you have any questions on the information I send, or if I can help you or someone you know, with your real estate investment goals.

Sincerely,

~ Joe

I have two questions.

by Joe Bourland

I’m having flash backs from 7 years ago when the market was insane.  I remember the minute you posted a house on the market, there were 5-10 offers immediately waiting in your inbox.  Didn’t matter that the buyer had not even seen the house, there were so few homes on the market that buyers had to jump on a new listing, which often times meant they didn’t have the luxury of even seeing the house!


Fast forward to today –


I posted a new listing first thing on Monday morning, by noon that same day I had 3 offers.  And you guessed it; buyers didn’t even see the house.  This home is now under contract and ready to close in about 4 weeks.  House after house I list repeats the same scenario.  There are so many qualified buyers out there and so few homes…..flash backs to 7 years ago.
 

Short sales still rule the day.  But because banks have somewhat ‘figured’ out a process, more and more are closing in a timely fashion.  I do anticipate more short sale listings to come on the market as the Mortgage Debt Relief Act is set to expire at the end of 2012. Because of the buyers out there lying in wait…these homes will be sold rather easily. REO’s and ‘regular sellers’ still have their place in this market and are reaping the benefits of the low inventory.

 
So there are 2 questions I have for you:


1)      Are you a potential short sale?  If you have questions about your options, call me.  I enjoy talking to people about short sales and know that I can be of service; I do have a proven track record.
2)      Do you have a friend or family member who needs my help?  If so, please email me their name and number and it would be my pleasure to assist them.

Respectfully,

Joe Bourland, The Bourland Group

joe@joearizona.com

Displaying blog entries 1-10 of 65

Contact Information

Photo of Joe Bourland, PC Real Estate
Joe Bourland, PC
RE/MAX Professionals
10320 W. McDowell Road, Suite B2005
Avondale AZ 85392
623-322-8588
Fax: 623-505-4222

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