For those of you who were at last month’s Get Your PHX event, you saw the beauty of the Audubon Center first hand. This Friday the Audubon Center will be holding River Nights, a fundraiser party featuring music from Sergio Mendoza y la Orkestra, Four Peaks Beer, and delicious street tacos from Taqueria Guadalajar, to benefit their education and conservation program.

The customarily free-admission Audubon Center offers interactive exhibits, an interpretive loop trail, connections to the Rio Salado Habitat’s sixteen miles of hiking and riding trails, which draw in local students year round as well as veteran members. The center hopes to bring in a young professional crowd for future support with this Fridays chic, lounge-themed evening.  Valerie Ramos, who is coordinating the event, wants to engage and education the “next generation of leaders” through events and activities at the center.

The Arizona Audubon Center believes exposing urban young people to the beauty and complexity of the natural world is existential, in hopes that they are inclined to protect it as adults. The center believes there is ample habitat for birds and other wildlife, even amongst our urban sprawl. They work daily to promote interaction and appreciation of the natural environment and   educate and motivate local youth to become the conservation leaders of tomorrow.

River Night will be this Friday, November 4 from 5:30-9:30 pm at the Nina Mason Pulliam Rio Salado Audubon Center at 3131 S Central Ave. Admission will be $25 advanced admission or $30 at the door. For more information, visit www.riosalado.audubon.org or call 602-468-6470.

Roberta Voss, Barbara Klein and I wrote an Op Ed for the Arizona Republic this week. 

Want to know HOW people go about trying to manipulate the redistricting process, exactly? Have a look at this Op Ed, which ran in the Arizona Republic on November 1st. If this does not get you hot under the colar, I don’t know what will. See the full, pre-edited version below.

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You probably know about our up-coming second annual open air holiday market, the Phoestivus market.  You know about it, especially if you are a vendor or own a food truck.

Well, this year, it wil be expanded to 2 nights: December 14th and December 21st.

Here is the information for vendors from our planning committee vendor point person, Monika Woolsey.

WHO:  Local creators of arts, crafts, and foods!

 WHAT: Second Annual Phoestivus (New this year!  Pheats of Strength, Airing of Grievances, and a Phoestivus Pole!)

 WHERE:  Downtown Phoenix Public Market

 WHEN:  December 14 and 21, 4 to 8 pm

 WHY:  Because we’re all just super cool and want to celebrate that. 🙂

HOW:  Please visit this link to apply to be a vendor.  If you are not a regular vendor, the annual fee does not apply.http://foodconnect.org/phxmarket/?page_id=7212  Please note, if you are on this email list you’re getting first dibs at available spaces.  Please, if this event is important to you, submit your application ASAP.  I’m sending a general call for vendors this coming weekend.

We’re encouraging all vendors to be phoestive with their booths as well as having wares to sell.  Decorations of all kinds are encouraged!

A special note:  The Clarendon Hotel will be offering a special Phoestivus room rate for all of December.  We hope for those vendors coming in from a distance, this might be a nice evening for you to stay in town and kick back, instead of hurrying home.  More details later!

You will eventually be connecting with myself and Troy Benjamin as the vendor coordinators but until we receive word from the Downtown Market that you’re on the official list, we are officially out of the loop.  So be sure to get  your application in!

Monika Woolsey

Phoestivus Committee

You’ve probably noticed by now that I am a huge fan of reuse and re-purposing in Phoenix. With all the available space downtown, why not?

The Cathedral Town homes are a great example of adaptive reuse. This building, which used to be owned by the church across the street as rental property, has transformed in to elegant and (actually spacious) urban condos.

The developer, Metro West Development,  took an historic 1913 building and converted it into four modern townhouse-style condo’s ranging in size from 1,674 to 1,886 square feet. Located about 200 feet away from the Arts District light rail stop, the condos are just a short walk from dozens of local restaurants, markets, large entertainment venues, as well as Hance and the Downtown Civic Space Parks.  And though the neighborhood surrounding is great, it’s what’s inside that really gets me excited.

Metro West Development has a history of great work in downtown renovations. The Cathedral Townhomes have been stripped to the bone and rebuilt.  While these homes have been updated, the developer has gone the extra mile to maintaining a historical feel. Homes come with new Kohler fixtures, quartz kitchen countertops, double hung windows (many original that have been restored), and historically accurate high baseboards.

Through the years, I’ve seen many renovations and I’m genuinely impressed by this one. Three of the units are still available. The condos are currently priced in the $200s with a 140/mo HOA fee.

I don’t represent these homes, but I’m happy to show you. Please contact me at 602-456-9388

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As you may have realized from the festive pink everything and Komen walk earlier this month, that October is breast cancer awareness month. One group, Don’t be a Chump! Check for a Lump! stays active all year round.

Next Friday November 4th from 5:30 to 8:30 Don’t Be a Chump will be holding their second annual Fall Fling Shopping Extravaganza. The event will support local artists and vendors while reminding men and women to examine themselves for lumps monthly and schedule their next mammogram.

I went to this event last year. It was amazing. Lots of very cool stuff. For instance, if you are a fan of Amy Love’s Love Buttons, then you need to be there.

In addition to their nearly monthly events, Don’t Be a Chump sends out monthly reminders through e-mail to anyone who signs up on their website. The goal of organizations like this, as well as Breast Cancer awareness month, is to increase awareness of the disease and to raise funds for research into its cause, prevention, diagnosis, treatment and cure. If you haven’t done your monthly exam and scheduled your next mammogram make sure you do it today!

The Fall Fling Shopping extravaganza will be held at 528 W. Lynwood, Phoenix, AZ 85003. More info can be found on the Don’t Be a Chump’s Website 

For more information on Breast Cancer Awareness Month visit their website and to find a certified mammography provider visit the National Cancer Institute.

I’m sure you have all heard about the wonderful G.A.I.N events going on in local neighborhoods all over Arizona.

This past weekend marked Getting Arizona Involved in Neighborhood (G.A.I.N) day celebrating the success of crime prevention in Phoenix through community involvement.  This weekends GAIN event included block watches, apartment complexes, neighborhood groups, parks and business across Phoenix who participated in block parties to show their support.

Recognizing the local community’s commitment and involvement in the Block Watch programs throughout Arizona neighborhoods is a valuable way to better our community. The G.A.I.N event is connecting the local law enforcement with the neighborhood citizens that support their day-to-day efforts to keep the neighborhoods safe. As Downtown Phoenix grow, we need to stop and appreciate those who help keep our community safe and strong.

Remember it’s never too early to start thinking of ways you can help make G.A.I.N a successful event in your neighborhood.You can find out more about G.A.I.N and ways to plan your own event at the phoenix.gov website.

This list there is of the events from last weekend, but bookmark the site for future reference.

Well, its market analysis time again. That’s right, gear up because I’m going to throw some wonky charts at you. Don’t be too intimidated. I promise to be gentle.
It’s short and sweet, really. The number of pending foreclosures continues to go down. The entire pie is shrinking, leaving an increasing percentage of the pie as short sale homes. So let’s get down to business and see what I’m really talking about.

“REO” you’re probably wondering what does that mean? Simply just a fancy term for a foreclosed property.
“AWC” simply means Active with Contingencies. In other words it is simply a short sale home. The buyer has already agreed upon the price yet, their waiting on the bank for the final decision.Have you noticed a trend yet? All of the categories are shrinking therefore the inventory of homes, are going down.
What’s going to happen next you ask? The prices start to go up because scarcity creates demand.

The numbers of pending foreclosures are taking a dive and it doesn’t look pretty.
Have you heard about the new wave foreclosures based on nation-wide estimates of how many people are slacking on their house payment? This is completely misleading for three reasons:

1.   Nation-wide averages are not Arizona.
2. It is easy to double count those people who are late, but not in foreclosures and those who are late and in foreclosures.
3. Finally, the banks will not sell more properties than the market will bear. Hello everyone.  They want the prices to go up, not down.

Heck, if the banks are sitting on a bunch of homes. Please let them out! My clients who are on their 6^th offer after being beat out by cash buyers would love to see some more homes in their horizon!
What does all of this mean for you? It means that the market is becoming more competitive and the days of low-balling on prices are long gone.

If you have more questions about the market, please contact me at  (602) 456-9388

October is a great month to live in Phoenix. Not only is the weather beautiful, excluding this week of course, but there are great things going on all month long in every corner of town.

October 15^th

• Oktoberfest is upon us. Pull on your Lederhosen or Dirndls and head down to Margaret T. Hance Park. Of course there’s more than just beer and sing-a-longs. There will be mouthwatering sausages, authentic strudel, and German products to boot. You can find out more about tickets and times on their website.
• The Makers Faire is a One day DIY festival celebrating all things art, food, science, music and more. The festival will be held downtown between 3^rd and 5^th on Roosevelt Row from 11am to 7pm. http://www.makerfairephoenix.com/
• Tour de Fat is an annual bike ride held at various time of year across the country.  Tomorrow at 10 am is the official Tour de Fat parade where bike and Fat tire beer enthusiasts will mount wild bikes and ride Tempe beach park followed by a beer pour from 11-4 all in the name of fun and local cycling nonprofits.  

Other things happening this weekend. How about the Arizona State Fair, the Arizona taco festival, or the  The TASTE Chandler Culinary Festival. It might seem like a very foodie weekend, but what wrong with that?

Oct 20^th is our next Get Your PHX Event from 5:30pm – 8:30pm at the Nina Mason Pulliam Rio Salado Audubon Center. Come by and have a beer while you learn about their efforts in habitat restoration and education.

Oct 22^nd

• For those of you who want to feel a little more artists and a little less bloated,there is the  The Humanities Festival. The Humanities festival is a day of cultural, educational, and artistic activities from internationally known groups, authors and artists. The festival runs from 10am to 6pm at the new Civic Space Park Downtown next Saturday.
• The Grand Avenue  Festival is a celebration of Phoenix’s drive to revitalize and renew its downtown.  Come Celebrate Downtown’s vibrant culture, art, history and adaptive re-use of the Lower Grand Avenue arts and small business district and adjoining neighborhoods The 3rd Grand Avenue Festival will be October 22nd from 3 – 11 pm.
• The Food Truck Festival is rolling into town thanks in part to the Roosevelt Row CDC and Phoenix Street food Coalition. A ticket gets you inside to sample from each of the food trucks at your leisure. More than two dozen food trucks and carts are expected to be on hand for the event, providing hungry patrons an opportunity to taste the latest food trend popping up all over the nation.

What else is coming up that weekend, Chandler’s Day of Play, The Arab American Festival, The TBAG Zombie Bike Ride, and more!

And that’s just the next two weeks! With all the events going on this month, there’s something for everyone. Get out there and be a part of Phoenix’s growing community.

Y’all know that I dig the Cromford report. Then again, I also like to follow congressional and legislative redistricting. So, I guess I kinda like data. Sue me.

So, my friend Cynthia Lujan from Old Republic Title Company likes do do a month-in-review summary. Very handy.

What might just look like a collection of charts and numbers is actually a great overview of the state of our growth and change in Phoenix. Home inventory is down significantly from where it was this time last year, so if you’re gearing up to buy a home, its time to step on the gas. Unless we get a major change in the market this slight upward trend is likely to continue.

Home inventory is down significantly from where it was this time last year, so if you’re looking to buy a home, better step on it now. Unless we get a major change in the market this slight upward trend looks likely to continue.

Here are the Market Headlines:

• We are slowly climbing out of the pricing low point from the second half of August to the first half of September.
•  Unless we get a major change in the market this slight upward trend is likely to continue.
• Foreclosure activity is declining and REO inventory is falling fast, especially at the lower price levels.

Homes Under 100,000 to 200,000

• The demand for homes between $50,000 and $150,000 is particularly strong as investors chase homes to add to their rental portfolio but demand from owner occupiers remains relatively weak.
• As the supply from foreclosures has fallen, short sales are becoming a larger part of the picture.

Homes 200,000 to 400,000

• Above $200,000 the market continues to decline, but only slightly.
• High sales volumes at the low end this sector is pushing overall pricing higher.
• Average sales price per sq. ft. is rising for homes under $200,000 and stable up to $400,000.

Homes above 400,000

• Above $400,000 there is potential for further price weakness unless demand improves.
• The overall average and median sales pricing is now on an upward trend.
• Buying interest in homes over $3,000,000 is dramatically down compared to this spring.
  

  See how the days inventory was at its high in 2010, but has dropped dramatically. This is a buying spree.

This just in from the desk of my friend Jeannie Bolger, of Nova Home Loans:

There were some changes other than weather as of October 1^st this year. For those of your looking to buy a home, there were several mortgage changes effective last Saturday.

For those looking into FHA (Federal Housing Administration) loans the maximum loan has been reduced state wide. As you may recall, in 2008 a temporary boost to Federal Housing Administration-guaranteed loan was passed. That boost expired October 1^st and

In Maricopa County new loan limits are:

Anyone looking into VA Funding has noticed a decrease, sometime more than a full % for purchases, on funding fees.  Across the board these are positive changes, as the VA loan is already perhaps the best loan option available for today’s veterans and active duty service men and women.

Regular Military Funding:

Reserves and National Guard:

Beginning October 1, 2011, USDA Rural Loans have annual mortgage insurance (3%, paid monthly) and reduced the upfront guarantee fee on purchases from 3.5% to 2%. Unlike FHA insured loans, USDA’s annual insurance fee is for the lifetime of the loan, which is definitely something to think about when considering loans.

Loans can be complicated, but they don’t have to be. Contact Jeannie at (602) 385-4812 today for help.

And, of course, give me a call at 602-456-9388 for property questions.