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Teri's Blog

Monday, 01 December 2008

Not all real estate practitioners are REALTORS®. The term REALTOR® is a registered trademark that identifies a real estate professional who is a member of the NATIONAL ASSOCIATION of REALTORS® and subscribes to its strict Code of...

Thursday, 27 November 2008

I don't know that I ever did the "Black Friday" thing, but I guess lots do. On the news last evening, there were tons of people sitting in line at Best Buy (since Tuesday night) in order to catch a good deal! WOW!!! I guess if...

Sunday, 09 November 2008

Each year, I am asked the question about the advisability of listing a home during the holidays! My answer is always a resounding 'YES'. During this period of time, we have many coming to Phoenix and Mesa to visit...

Thursday, 06 November 2008

In the last month, I have heard of two instances where a tenant signs a lease, pays a deposit, and then moves into their home - only to find out months later, that the rent they have paid to the landlord has not been paid to the lender;...

Saturday, 01 November 2008

Things are definitely looking up for our market. Keeping in mind that 6 months is considered a healthy market, I am enclosing a graph of Inventory and Solds in our entire MLS as well as a graph depicting our inventory and solds as of...

Sunday, 19 October 2008

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Scammers at it again! Purportedly helping out vulnerable sellers! ADOT 5-year transportation plan! E-mail
Scammers are back at it - taking advantage of homeowners facing foreclosure - in some cases taking control of a struggling homeowner's home and stripping any equity left in it. "Foreclosure rescue sounds like something good, but it isn't. There are some sharks out there. They are taking advantage of desperate homeowners and need to be stopped," said Arizona Attorney General Terry Goddard. Foreclosures have climbed tenfold in the Valley during the last year. The typical Valley homeowner facing foreclosure gets at least 300 pieces of mail from groups offering some type of help. Homeowners are typically offered some money and told they can refinance and clean up their credit. The homeowners are so relieved, believing they will be able to keep their homes, that they sign blank documents they don't understand, and some of them are actually deeding the house to the foreclosure group.  The East Valley Tribune has reported the same scam going on. To read the entire article in today's paper, just click on:

 http://www.azcentral.com/arizonarepublic/news/articles/0422foreclosure-rescue0422.html

The Arizona Republic and the East Valley Tribune, report that ADOT's five-year transportation plan was given to the State Transportation Board Friday for approval and has $3.6 billion targeted for Valley freeway expansion. Specifically, the main projects that will be scheduled through 2012 include:

* The widening of I-10 from Interstate 8 to the Picacho Peak interchange

* Start of widening I-10 from the boundary of the Gila River Reservation to the I-8 junction

* Widening of Interstate 17 from the Loop 101 to Carefree Highway, and then up to Anthem Way

* Preliminary work on project to widen Interstate 17 from Black Canyon City to Cordes Junction

* Widening of Interstate 10 west of Loop 101 in the West Valley

* Widening & improvements for U.S. 60 in the West Valley's Grand Avenue portion

* I-10 widening and improvements from Arizona 51 to Baseline Road

* Preliminary work to widen and improve Carefree Highway west of Interstate 17

* Construction of the South Mountain segment of the Loop 202 from I-10 south in the West Valley to 51st Ave.,and design of the leg from 51st Ave. to Interstate 10 Santan interchange

As reported by the East Valley Tribune:

The U.S. 60 Gold Canyon bypass project is on hold until state and local leaders can come up with the funds to build it, but improvements to another section of the highway east of there are getting fasttracked by the state because of safety concerns.
   The State Transportation Board has given the green light to several major freeway improvement projects totaling about $77 million, including the widening of a section of U.S. 60 between Florence Junction and the Queen Creek Bridge in Pinal County, which has been the site of several fatal crashes.
   The largest of five approved projects, the U.S. 60 improvement will involve widening the 9.5-mile section to a four-lane divided highway.
   The project is intended to improve safety along the highway, including the Gonzales Pass area, where the deadly crashes occurred. It will include realignment of some local roads to match new median crossing areas.
   The work is budgeted at $40.5 million and was awarded Friday to Kiewit Western Co. It is scheduled to be under construction by this summer.
   Other Valley projects awarded Friday include:
   
• $9.1 million to add rubberized asphalt to several sections of freeway, including U.S. 60 between Crismon Road and Siphon Draw Wash near Apache Junction; Loop 202’s Santan Freeway between Kyrene Road and 48th Street in Chandler and Ahwatukee Foothills; Interstate 10 between 19th and 27th avenues at the “Stack” interchange in Phoenix; and In
terstate 17 between 16th Street and Buckeye Road in Phoenix, to Fisher Sand and Gravel Co.
   
• $40.2 million to add car pool lanes and other improvements to state Route 51 between Shea Boulevard and Loop 101’s Pima Freeway, to Meadow Valley Contractors.

   
• $19.6 million to reconstruct the I-17 interchange at Carefree Highway, to Pulice Construction.

   In another project, the Arizona Department of Transportation and the Federal Highway Administration are seeking public comments about future improvements to I-10 between Route 51 in Phoenix and the Santan Freeway in Chandler.
   ADOT is conducting an I-10 corridor improvement study and will host two public meetings in Phoenix to answer questions and receive comments from 6 p.m. to 8 p.m. Wednesday at Creighton Elementary School, 2802 E. McDowell Road, and May 2 at Mountain Pointe High School, 4201 E. Knox Road.

http://epaper.aztrib.com/Daily/skins/EVTribune/navigator.asp

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