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Arizona Real Estate Sales Statistics PDF Print E-mail
Written by Scottsdalescott   
Friday, 05 March 2010 16:48

Home Sales Statistics: Maricopa County

Active Listings: 35,192

Pending Sales: 19,653

Closed Sales '10: 13,317

 

Last Updated on Tuesday, 09 March 2010 05:23
 
RSS BLOG FEED PDF Print E-mail
Written by ScottsdaleScott   
Monday, 08 March 2010 20:38

Follow along with our blog. Get updates feed directly to your computer the minute we publish. The link at the bottom left of this window will link you to your choice of Blog Feed Readers. Stay up to the moment and informed an all the latest real estate happenings. Remember, click on the RSS FEED Button below.

Last Updated on Monday, 08 March 2010 20:45
 
Scottsdale Water PDF Print E-mail
Written by Scottsdalescott   
Saturday, 07 July 2007 09:54

Most everyone understands that water conservation is always a good idea. We’d like to share with you a program that the city of Scottsdale offers to help homeowners conserve. We recently took advantage of the program and it was an eye opener.

We knew we had a problem due to our water bill. Now, keep in mind we moved into our home in October of 2008. Most utilities companies prefer a years worth of activity to see how you consume resources. Now that we reached that milestone we could see the good, bad and ugly of our water consumption.

We had a terrible spike in usage in May of ’09. We immediately turned the irrigation off until we could figure out the problem, since irrigation is a good place to start looking for leaks. To our knowledge, nothing inside the home had changed as far as usage would go.

Ok, now the program: Upon your request, the city of Scottsdale will send out a representative from the conservation unit to review your home’s  water situation/usage. Here was the process they followed in our case. Since we suspected a problem, the representative (let’s call him Bob) started at the water meter. We made sure no water was running in the house and then we watched the meter for 10 minutes to see if there was any change. Well, there was. Unfortunately, a change that equaled an additional 9,000 gal a year consumption. OUCH.

Next we could have turned the water off at the house and this would tell us if the issue was between the street and the house or we could start looking at the irrigation, which is what we did.

As a side note: The former owners had the irrigation turned off for many months, so we couldn't get a read on consumption or leaks. Bob began by identifying the zones of irrigation at the dial. We have 10. We then identified which zone ran with which valve. This was fun...mmm. We found three more leaks at the valves. Most were at the adjustment screw or the shut-off knob.

Here’s the eye opener for me... at their source, these leaks seemed very minor to the average person. But, when bob showed us the reading from each valves consumption at the water meter we saw  how it added up to the big problem.

A typical Scottsdale water meter (at street-side) has two separate indicators on it. One is a larger dial that looks like a clock arm. This rotates at a much slower rate and indicates usage in gallons. The second much smaller dial spins much more rapidly, so that you can see at any given time if water is running regardless of  how slow or how much. This is how we could see the smaller leaks on some of the zones tested. The smaller dial would spin a bit then stop. Then, spin a bit more.

So, now we know where the leaks are, how each zone is controlled (and corresponding valve), which ones need replacing and which ones only need a small adjustment.

We also received better information on how to set up the zones for Arizona vegetation and what programs the city of Scottsdale offers to change to low water consumption plans or removal of grassy areas.

This was a very helpful process to go through. It is a one time free service by the city of Scottsdale for Scottsdale residence. I encourage all homeowners to participate. You may be surprised at how a small leak can add up. Not only may you save on your water bill, but you will help the city conserve one of our most precious resources.

Another  tip is to set up your watering zones with plants that have similar water needs all on one zone (i.e. grass separate from native desert plants).

Also, check to see if you have a pressure valve to reduce the water pressure from the street to your home. In our case we did not. If your pressure is too high, you may have a situation where water is actually pushed through your facets, shower heads and irrigation systems at a rate higher than they are made to handle. Your water consumption will be higher, your valves will wear out faster and you stand a chance of your water pipes having a leak.

Lastly, if you have a fountain or other water feature, make sure you have a check valve to prevent any bacteria from traveling back into your homes water source and even back into the cities water source. According to Bob (City of Scottsdale rep) this has happened before in the City. The valve will maintain pressure and separate the water feature source from your home.

We encourage you to have an energy and water consumption audit to start off the new year. There are additional programs available to assist in costs for removing turf and replacing with natural desert. Check it out.

http://www.scottsdaleaz.gov/utilities.asp

City: 480-312-2771


 

Last Updated on Tuesday, 09 March 2010 05:39
 
Scottsdale Real Estate PDF Print E-mail
Written by ScottsdaleScott   
Wednesday, 03 March 2010 00:00

Real Estate: "How's the market" I'm often asked at local gatherings. "Good and getting better" I say. Why do I say this when much or most of the news articles spout negative news? Because I follow the numbers. Real estate runs in cycles, most people understand this. Where are we in our current cycle? Most people believe we are down and/or heading down. In fact, we are headed back to balance. This move began in April of 2009. Home prices rise and fall, but they will always return to a balance.

The valley experienced high highs and then low lows, but prices are steadily climbing according to numbers from our local Multiple Listing Service (MLS). They may not be climbing as fast as some would hope or want, but climbing they are. If you look at a graph of prices you would see a drastic "V" shape up-turn last April. clearly an indication of bottom. From a  personal note, we've seen out-of-town lookers become out-of-town buyers once again. This includes both housing and land prices.

 

 

Last Updated on Friday, 05 March 2010 02:25
 
Check Your Credit PDF Print E-mail
Written by ScottsdaleScott   
Thursday, 04 March 2010 19:26

Check Your Credit

What is considered a good credit score? It depends upon what loan program your seeking. The government continues to tweak the programs. Here is an idea of the typical ranges of scores:

Poor = 340 - 619

Fair = 620 - 659

Good = 660 - 749

Excellent = 750 - 840

There are three main credit reporting agencies, TransUnion, Experian, and Equifax. Many loan programs require a "tri-merged report using the three of them. Not all loans you may have show up on all three reporting systems (hence the tri-merged approach). It is important to check all three at the very least yearly to make sure they are correctly reporting your situation.

Be careful which service you use to check your credit as some are not free as they may advertise. Your loan officer will pull your credit and can provide you with the report to verify the information. If you find an error, write to the agency and have them correct it. It will take several weeks to take effect if they do in fact change it. Work closely with your lender to get this done.

It would be a good idea to follow this process of checking your credit even if you are not planning on getting a loan. That way it will be correct if you ever need to rely upon your score. A good resource for working on your credit is the book: Seven Steps to a 720 credit score.

Last Updated on Saturday, 06 March 2010 04:17
 
 

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Scott & Sandy Farmer

REALTORS®

John Hall & Associates

9366 E. Raintree Drive Suite 101 Scottsdale, AZ 85260 Scott@scottsdalescott.com