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First Time Home Buyer, Tips

3 Tips on the 4th Quarter to Come

This time last year the summer sky was overcast and the rain was on it’s way. This last week, we got over 117 degrees and there’s a 10% chance of rain, but I don’t know that I believe it will actually happen. A year ago this week, short sales were all the rage and the Mortgage Forgiveness Debt Relief Act allowed you to avoid paying taxes on mortgage debt forgiven–but that ran out at the end of 2012.

Speaking about the end of the year, we’re in the second quarter now and that Q4 time from October through December will be here before you can say “Jimmy Crack Corn”. As the old-time realtors say, “Them be the slow months. Might as well kick up your heels and sit for a bit”.

But as I find myself thinking about the end of the year, I can tell you in my experience that last Halloween through New Year’s was all work for me in the real estate business. People were buying and selling through me last Q4 like there was no change of the season.

What “they” say is supposed to happen is that people stop buying or selling houses because the holidays just creep up on them and they get distracted. They say the market slows down after the summer and maybe you can negotiate a better deal during the holidays or Christmas. That has definitely not been the case for me in the last three years.

Look at previous years in the chart below. You’ll see this is generally true; especially around Thanksgiving. In the first chart, you’ll see the last nine years. Some of them drop off drastically, but come back around February.

In the second chart you will see 2004 and 2005 compared to 2010 and 2011. In ’10 and ’11 there was a little drop around November, but then we just picked right up again.

In other words:

ONE: Don’t assume the end of the year is going to be slow. Selling or buying? Take advantage of the active market during the summer months.

TWO: It’s been hectic the last two years. We have every reason to believe it’s going to be hectic this year, too.

THREE: If you want to buy or sell, Summer, Q3 or Q4 or beyond, give me a call at 602-456-9388 or email me at ken@getyourphx.com.


 

July 6, 2013by phxAdmin
Art, Life

Light the Lights!

Its that time of year again, when Christmas decorations come out of dusty boxes and you can really tell who’s in the holiday spirit. We separate the meek from the jolly. Downtown leader Jim McPherson is organizing an effort to decorate Central Ave where the City can’t due to budget restrictions.

This weekend marks the 25th  APS Fiesta of Light Electric Light Parade here in Phoenix. In lieu of a lovely post-Thanksgiving snowfall, this long standing tradition announces the true beginning of the Christmas season downtown.

The parade start its march at 7pm this Saturday on Central Avenue at Montebello heading south, or you can catch the official judging tonight starting at 5. Does anyone know the official criteria for float judging? Is it based on lumens?

In addition to lighting up the night, APS will once again collect canned goods along the parade route for donation to St. Mary’s Food Bank. And of course Santa will be there, taking suggestions from good little girls and boys and keeping everything jolly.

Events like these are what make the downtown Phoenix community great. According to Jim McPherson, “Celebrating milestones and occasions helps to build community. Many residents, neighborhoods, arts and cultural institutions, businesses, and city officials are all working to foster that sense of community as more and more people move downtown and tourists visit our city.” Jim is just one of a group of people working to decorate Central Avenue for the season to help promote patronage and general Christmas cheer. Over time, Central Avenue became the primary place to hold such major parades and holiday events. According to Jim, the Central Avenue decorations that have gone up this year were first installed in 2002. But the holiday’s don’t just end with lights. CityScape has installed an ice rink and Christmas tree downtown for everyone to enjoy.

Not only is it a time for visitors to see our developing downtown, but the community comes together to celebrate a wonderful holiday season around their favorite local businesses.

December 2, 2011by phxAdmin
Life

Gooble Up the Giving!

If you’re planning on donating a turkey this year, you can donate at any of these locations.  

  • United Food Bank (East Valley )November 21-23: 8:00 a.m. to 8:00 p.m.
  • Donate at any Fry’s Food Store location by adding your donation amount to your grocery bill. A donation of $2.50 will provide enough food for 17 meals. A donation of $10 will provide enough food for 70 meals.
  • Lee Lee International Supermarket is hosting a holiday food drive at all three Arizona locations until Tuesday to benefit two Arizona food banks. Donations from the Chandler location will go to the St. Mary’s Food Bank Alliance in Phoenix, which is most in need of beans (canned or dried), canned fruit and vegetables, canned soups, stews, chili and pasta, cereal, diapers, juice, peanut butter, rice and tuna (canned or vacuum packed).

St. Mary’s food bank has a few different locations available to donate:

  • They will be collecting food donations at 31st and Thomas until Thursday 8am to 5pm at the Thomas and 31st Location, as well as
  • St. Mary’s Food Bank Alliance is collecting cash and turkeys 11 a.m. to 6 p.m. Tuesday at The Stockyards Restaurant, 5009 E. Washington St., Phoenix. The Stockyards Restaurant, Valley of the Sun United Way, Rock Springs Pies, The Celebrity Theater and the Arizona Centennial Chopper will sponsor the drive.

Don’t have time to drop one off? There are plenty of online options for giving.

  • Try Buy-A-Bird online! buyabird.org is an online shopping site where you can buy stuffed animal birds which directly donates to the St. Mary’s Food Bank Thanksgiving Drive
  • The Real Gift Foundation’s 12th annual Thanksgiving Dinner Drive is taking place now.They plan to deliver 3,650 pre-cooked Thanksgiving dinners to homeless children (and their families) who attend more than 70 public schools throughout Maricopa County. In order to deliver the dinners, The Real Gift Foundation needs to raise more than $80,000. Just $25 dollars will feed a family of six. To donate, visit www.therealgift.org or call (602) 482-5800

Donate today and give back to your community for the holidays.

November 23, 2011by phxAdmin

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