Tuesday, March 23, 2010

March Update

Just over one more month to find and have an accepted offer on a home to qualify for the $8000 first time home buyer tax credit that was extended in December 2009, or the $6500 second time move up home buyer that was added in December of 2009. Remember on the move up buyer credit, the value of the home does not have to be higher, the home has to be larger. All buyers that want to take advantage of these tax credit options must have an accepted contract by the end of April and Close by the end of June. Call me for more details.
Based on feedback from several avid realty times readers, I am making an effort to provide more up to date information and keep it up to date on a more regular basis, as a professional Realtor in the market, I feel I owe it to those of you that are consistenly looking for accurate market conditions to provide that information to you as often as possible. Please feel free to email me direct kgagon@earthlink.net with requests of what you would like to see posted/updated here weekly/monthly here so that I can manage and update accordingly!
With that said, the truth in the market is the Bank owned inventory and number of bank owned homes closing each month is dropping what does this mean? Well Bank owned homes use to make up between 60 and 80% of the sold homes. Now we are seeing a shift to more like 40 to 50% being bank owned and we are seeing more short sales getting approved and closing, this means that the banks are putting systems in place to get short sales approved in less time with less hassle, however, if you are either a buyer or seller, you need an experienced Realtor to represent you who knows, and has been working the short sale industry, not a novice or new agent. We have been doing short sales since 2003 before they became such a trend as the market shifted with lowered home values. We have negotiated and closed dozens of short sales and have established several relationships with negotiators/loss mitigations specialists at several of the large and some smaller banks therefore, If you or someone you know is falling behind on mortgage payments, and considering a short sale of their home to avoid foreclosure...please have them call me for a free, no obligation phone consultation and review of thier options...We are here to help, and respect the privacy of our clients, call me at 602-980-5368 to get started, we have an easy short sale system that is designed to get the fastest response possible by the banks.
Statistical market update as of March 22nd there are 37,056 homes for sale in the Arizona MLS, there are currently 13,652 pending sales, 7505 Under contract with contingencies, and 6424 closed in February.
Of these numbers 5,184 of the active inventory account for lender owned homes and 2,667 of the solds were bank owned.
Short sales account for 9,362 of the active inventory, and 1367 of the closed homes in February. For more detailed information on your specific neighborhood or community please contact me directly.
Based on the statistics from January 1, 2010 the average list to sell ratio is within 2% of the list price, with an average marketing to contract time of just 83 days. This does not include any contributions to buyer closing costs that are very common in todays market. When listing your home, price it to sell up front and it will sell. For detailed information on pricing your home contact me today.
Buyers are you looking for a bank owned home but not getting to them fast enough? Finding that they have multiple offers before you have even had a chance to look at them? We have access to hundreds of bank owned listings in the premarketing stages that have not yet hit MLS, to get in on the information of these listings before anyone else email me directly to kgagon@earthlink.net and ask to be included in the premarketing updates, take charge of finding your next, new home, or investment opportunity today be proactive in your search.
2009 statistics show that it was the 3rd best year for closed sales since 2004 and 2005. In 2009 there were 92,389 closed sales, falling just behind the number for 2004 of 98,298. Yes the average sales price was considerable lower but that allowed many of the first time buyers back into the real estate market.
In trying to keep ahead of the real estate changes, I was recently interviewed by Christina Boomer at ABC 15 News for using cutting edge technology and video news marketing to sell more homes. I am one of only a few agent nationwide that has this marketing format and it is a growing segment of my business that can help to sell your home faster. For more information copy and paste this entire link into your browser: for other media appearances visit my website!
http://www.abc15.com/content/news/phoenixmetro/central/story/Valley-realtor-uses-new-tool-to-sell-homes-across/Wf2jnTdF6EWB80JMsJinjg.cspx
Price your home to sell...Sell it in less than 2 weeks! Yes you read that correctly. Current MLS inventory is low enough that homes are selling almost as fast as they hit the market...assuming they are priced correctly! For information on your particular home or neighborhood, call or email me today!
Current MLS statistics show just over 35,000 homes actively for Sale. Over 12,000 pending sale, and over 6,600 closed in February! The average marketing time for homes in February was 83 days on the closed sales.
Looking at bank owned homes in Arizona? Think you are getting a great deal? What you are not looking at may suprise you! Right now the nice bank owned homes are selling so fast, and for over asking price in most cases. Why? Becasue everyone thinks they are at bargain prices. However, statistics from our MLS can show that traditional sales are selling at lower prices than many bank owned homes in many areas! Call me for more information and to start searching for the best deal on your next home!
I think most Realtors in Arizona will agree that we are at or near the bottom of the housing market price drops in most areas throughout the Phoenix Metro area. It appears as though the banks have wised up and are releasing their inventory slowly this way they are actually getting higher prices as they go, because of the interest created in the Bank owned homes! A quick note and thought to buyers, if you are using sites like realtor.com, homes,com, zillow.com etc to find homes that are available, by the time you call on them they may already be sold! Why? These are all IDX sites, Internet data exchange sites that require updating that can take 3 to 5 days on average. Not only that but when a home is in pending status in our mls, it still shows up as active on these sites. So the best way to get the most up to date and accurate information is to register with a realtor and get updated listings sent directly to you from the MLS as they are updated in real time and daily, this doesn't mean however that you will be the first one to see it. Call me for more information or to get registered for FREE on an automated search of homes just for you.
We are now getting 1st access to bank listings before they hit the market from both Countrywide and Nationstar bank, call to get added to our list of buyers for these premarket homes today!!
Search Valley Foreclosures at this linkhttp://kentgagon.az-re.com/index.cfm
Search the Scottsdale MLS by following or copying this link and pasting it into your browser now. http://kentgagon.az-re.com/quicksearch_115923.cfm?city=Scottsdale
If you are considering selling your home, and demand the highest level of service available, with no risk and guaranteed results! I have a flexible fee structure, and one of most visible websites on the major search engines along with access to over 40 million viewers both online and offline through national TV, and print advertising. Your home will be exposed to thousands of prospective buyers each month. If you are considering hiring an agent to list your home that does not have high web exposure, think again 98% of all home buyers start their home search on the web.
A note to licensed agents...I gladly pay agent to agent referral fees. Call me for more details.
Fun fact: Kent Gagon was recently interviewed and considered to be one of the 25 eligible bachelors to compete for love in ABC's popular television reality show The Bachelorette 2010.

Thursday, January 14, 2010

2010 January Updates

Happy New Year!
We handle, and successfully negotiate short sales at no cost to you as the owner/seller, if you are behind on mortgage payemts and are considering doing a short sale to avoid foreclosure call me at 602-980-5368.
2009 statistics show that it was the 3rd best year for closed sales since 2004 and 2005. In 2009 there were 92,389 closed sales, falling just behind the number for 2004 of 98,298. Yes the average sales price was considerable lower but that allowed many of the first time buyers back into the real estate market. Active inventory is hovering just above the 33,000 mark.
Recently interviewed by Christina Boomer at ABC 15 News for using cutting edge technology and video news marketing to sell more homes. For more information copy and paste this entire link into your browser: for other media appearances visit my website!
http://www.abc15.com/content/news/phoenixmetro/central/story/Valley-realtor-uses-new-tool-to-sell-homes-across/Wf2jnTdF6EWB80JMsJinjg.cspx
Price your home to sell...Sell it in less than 2 weeks! Yes you read that correctly. Current MLS inventory is low enough that homes are selling almost as fast as they hit the market...assuming they are priced correctly! For information on your particular home or neighborhood, call or email me today!
Current MLS statistics show just over 31000 homes actively for Sale. Over 12000 pending sale, and over 7800 closed in August!
ATTENTION! Buyers, Sellers and Investors...I am now offering another new product that will bring more buyers and sellers together. I have teamed up with Creative Alliances and the Rainy Day Foundation to offer the H.E.L.P program. This is a 24 month job loss protection program that will aid the buyer with making mortgage payments for up to 6 Months at a maximum of $1800 in the event of a job loss. For more information please contact me directly!
Looking at bank owned homes in Arizona? Think you are getting a great deal? What you are not looking at may suprise you! Right now the nice bank owned homes are selling so fast, and for over asking price in most cases. Why? Becasue everyone thinks they are at bargain prices. However, statistics from our MLS can show that traditional sales are selling at lower prices than many bank owned homes in many areas! Call me for more information and to start searching for the best deal on your next home!
I think most Realtors in Arizona will agree that we are at or near the bottom of the housing market price drops in most areas throughout the Phoenix Metro area. It appears as though the banks have wised up and are releasing their inventory slowly this way they are actually getting higher prices as they go, because of the interest created in the Bank owned homes! A quick note and thought to buyers, if you are using sites like realtor.com, homes,com, zillow.com etc to find homes that are available, by the time you call on them they may already be sold! Why? These are all IDX sites, Internet data exchange sites that require updating that can take 3 to 5 days on average. Not only that but when a home is in pending status in our mls, it still shows up as active on these sites. So the best way to get the most up to date and accurate information is to register with a realtor and get updated listings sent directly to you from the MLS as they are updated in real time and daily, this doesn't mean however that you will be the first one to see it. Call me for more information or to get registered for FREE on an automated search of homes just for you.
Available MLS home inventory drops to just over 31000 while closed sales are over 9000 a month, that gives us just over a 3 month supply of homes on the market throughout the Maricopa and Pinal County areas! So what is being published in the news is definately not the full story! Remember it is national news! Plus BANK/LENDER & REO OWNED HOMES ARE SELLING VERY FAST and FOR OVER ASKING PRICES IN MANY CASES!
We are now getting 1st access to bank listings before they hit the market from both Countrywide and Nationstar bank, call to get added to our list of buyers for these premarket homes today!!
Search Valley Foreclosures at this linkhttp://kentgagon.az-re.com/index.cfm
Search the Scottsdale MLS by following or copying this link and pasting it into your browser now. http://kentgagon.az-re.com/quicksearch_115923.cfm?city=Scottsdale
If you are considering selling your home, and demand the highest level of service available, with no risk and guaranteed results! I have a flexible fee structure, and one of most visible websites on the major search engines along with access to over 40 million viewers both online and offline through national TV, and print advertising. Your home will be exposed to thousands of prospective buyers each month. If you are considering hiring an agent to list your home that does not have high web exposure, think again 98% of all home buyers start their home search on the web.

Wednesday, February 18, 2009

BANK OWNED HOMES ARE SELLING VERY FAST!

Search the Arizona MLS for thousands of DISCOUNTED BANK OWNED homes on my website at www.allarizonarealestate.com. Take advantage of low interest rate financing combined with the slashed prices of these homes to find THE PERFECT HOME FOR YOU! Contact me direct for more information and to start your search today. Pre-qualify for a loan today and start looking for your home tomorrow, plus we will give you 2 free movie passes to Harkins Theaters just for pre-qualifying.*

Search the Scottsdale MLS by following or copying this link and pasting it into your browser now. http://kentgagon.az-re.com/quicksearch_115923.cfm?city=Scottsdale

Do you want to be notified of bank owned discounted homes before they even hit the market? Register on my website at www.allarizonarealestate.com and you will be notified as we get the listings direct from the banks we are currently working with.

The resale statistics for Scottsdale updated 2/2/09 show 5943 homes for sale including all listed homes, townhomes, and condos, not including FSBO's and Realtor exclusives. The average list price is $940,935. The average days on the market is 192.

There are 415 homes pending sale with an average list price of $511,637 and an average days on the market of 145.

256 Homes closed escrow in January, these had and average sold price of $477,626 and an average days on the market of 145.

Buyers! I GUARANTEE to negotiate a minimum of $10000 off the asking price of your next new home when you buy with me, or I will pay $1500 of your closing costs at close of escrow! Contact me for more details. Restrictions apply to all promotions visit www.allarizonarealestate.com for more details or call me direct now at 602-980 5368

Showcase your home right here on this website and on my website by listing with me, your home will be viewed by thousands of buyers daily. Contact me directly for more information.
If you are considering selling your home, and demand the highest level of service available, with no risk and guaranteed results, there has not been a better time in years. I have a flexible fee structure, and one of most visible websites on the major search engines along with access to over 40 million viewers both online and offline through national TV, and print advertising. Your home will be exposed to thousands of prospective buyers each month. If you are considering hiring an agent to list your home that does not have high web exposure, think again 98% of all home buyers start their home search on the web.

A note to licensed agents...I gladly pay agent to agent referral fees. Call me for more details.*Restrictions apply to Sale Guarantee program, call or email me for additional details.

Monday, March 3, 2008

Scottsdale Real Estate News

FOR IMMEDIATE RELEASE:

Contact:
Kent Gagon, Realtor
West USA Realty
4505 E Chandler Blvd Suite #200
Phoenix, AZ 85048
602-980-5368
http://www.allarizonarealestate.com


East Valley Realtor Kent Gagon announces plan to sponsor Limo tours of
bank owned, foreclosed homes.

Tempe, AZ - March 3, 2008 -- The date is quickly approaching for the
first prestigious Limo tour of foreclosed and bank owned homes in
Ahwatukee, Tempe, Chandler, Scottsdale, and Gilbert. South East Valley
Real Estate agent Kent Gagon, with West USA Realty is sponsoring the
event for qualified buyers and investors interested in purchasing these
types of homes.

"We will be scheduling multiple tours for each of the above cities. The
first tour will be held Friday, March 21 starting at 11am. We will tour
homes priced between $160,000 and $400,000 through Tempe and Ahwatukee.
We anticipate spending between 4 to 5 hours viewing 20 to 30 of the
homes that are bank/lender owned foreclosures during this first tour. We
will spend approximately 10 minutes in each home to keep the tour moving
quickly and smoothly." Comments Kent Gagon

These tours are open to 16 people as each of the limos hold 8
comfortably. The first tour is free to the first 16 people!

"The number of homes that have sale pending status has jumped
dramatically in recent months. We want buyers to know that it is time to
get out and start looking again, make offers, and get into your new home
before you miss out on some of the incredible deals in the market. This
is a terrific way to do just that. While some agents have done this in
the past using buses, we want to take it a step further and go in a
little more style and class. Plus having just 16 people instead of a
large bus will allow us to answer questions and offer a more
personalized experienced," states Gagon.

To qualify for and attend the complementary tour interested buyers; not
currently working with a Realtor, must speak with one of Kent's lenders
by March 17th. Once qualified, buyers will be scheduled and prepared for
the tour. Detailed information on each property including down payment
and financing scenarios will be provided for all participants.
Additionally, complementary one-on-one consultations will be scheduled
for a comprehensive market evaluation for buyers to make an offer on the
homes they are interested in with negotiations for the best possible
deal.

Kent has been a Realtor in the East Valley for 10 years, he has been
publicly featured in Continental Airlines In-flight Magazine,
interviewed about the real estate market by both the Arizona Republic
and The Arizona state press, and he is currently working with HGTV and
HighNoon entertainment filming a real estate related reality television
show that will air in the fall of 2008. Kent offers both buyer and
seller services throughout the Phoenix metropolitan area. "This is just
another service that we want to put out there" says Kent, "It is a
specialty service that not all real estate agents can or will provide
and it sets us apart."

For more information call Kent at 602-980-5368 or visit his website
www.allarizonarealestate.com.

Sunday, February 24, 2008

Scottsdale Real Estate Market Shows Signs of Life Again!

The Real Estate Market is showing signs of life again! The number of homes that have gone pending sale has jumped almost double in the last 45-60 days. Where we once had between 3000-3500 sales pending per month this month we have just over 6000 as of 2/24. This could be a sign that the market is starting its slow turn around or at least that we have hit the so called "bottom" of the price curve. Whatever it is, there are more buyers making offers and getting them accepted now than before. If you have been waiting to buy don't wait much longer, the curve may pass you buy. Call me for more details. Call me for more details 602-980-5368 or visit my website at www.allarizonarealestate.com.

Tuesday, February 19, 2008

Video Real Estate Newsletter

I am posting a link to my video real estate newsletter. For additional information on the Ahwatukee real estate market, and homes for sale please visit my website www.allarizonarealestate.com or contact me directly.

http://realtytimes.com/REUv/KentGagon