Welcome to 5521 E Holmes Ave Mesa – Just Listed!

Gorgeous home in Mesa is ready to be yours! Located conveniently off of the US-60 freeway & Higley, this amazing home is close to the Banner Gateway Medical Center & all of the amenities of Superstition Springs Center. Enjoy a game of pool with friends in the open living room that features its own built-in bar area. Entertaining is a breeze with an open concept kitchen and family room with surround sound throughout. Stone flooring throughout. Luxurious master retreat features separate exit to the backyard, and spa-like bath with large walk-in shower and jetted tub. Three other spacious rooms are split from the master for privacy, and the home also features a bonus room that’s perfect for an office or playroom! Resort like yard with sparkling salt water pool with waterfall,

lush landscaping with faux grass and extended patio with built-in BBQ. New exterior paint, 24′ deep garage with new door & epoxied floors, 10′ RV Gate, soft water system, & much more! Home features extra attic insulation. Don’t miss out on this great home!

Please call the Gina McKinley Group at 480-355-86445 in order t schedule an appointment to view this home.

 

For more pictures and a property brochure, please visit our web-page at:

http://www.locatearizonahomes.com/listing-detail/126708406/5521_E_Holmes_Avenue-Mesa-AZ

Welcome to 8210 E Garfield Street K214, Scottsdale!

Beautifully remodeled 1 bedroom co-op in a fantastic location! Incredible views of the community green space and pool from the windows and private balcony. Open floorplan features laminate flooring and decor paint throughout. Updated kitchen features plenty of counter space, and a great area for a coffee bar! Bathroom features fully tiled shower. Lots of parking close by. Cash only, no rentals or pets and need board & credit approval. No deed or title fees, buyer has membership for life. Co-op fee covers taxes, ins, water, roof, building, electrical & plumbing in walls, 4 pools, exercise room, library & meeting room with free WIFI, community garden, laundry, picnic & play areas. Near Scottsdale Trolley stop! Perfect for anyone wanting a lock & leave lifestyle near Old Town Scottsdale!

For more pictures and a property brochure, please visit our webpage at http://www.locatearizonahomes.com/listing-detail/125467482/8210_E_Garfield_Street_-_K214-Scottsdale-AZ

 In order to schedule an appointment to view this home, please call The Gina McKinley Group at 480-355-8645 today!

Welcome to 10749 E. Running Water Dr., Gold Canyon!

Surrounded by magnificent mountain views and desert vistas, this gorgeous Santa Fe-style custom home is nestled on over an ACRE of lush high Sonoran desert. Our tour of this Gold Canyon beauty begins with a stately drive, a private courtyard with firepit that boasts spectacular views of the Superstitions, towering saguaros, and a gorgeous Alder wood front entry. Inside, the wow-worthy great room dazzles with splayed ceiling beams, stone wrapped fireplace beside custom built-ins, & an expanse of travertine flooring that extends throughout much of the sprawling floor plan. Not far away, the sun-dappled kitchen shows off with stunning granite countertops, gas cooktop & Knotty Alder cabinetry. Ideal for an early-morning espresso or a quick-and-easy meal on-the-go, the breakfast bar adds a splash of gourmet panache to the culinary scene. Entertaining is a breeze on the expansive back patio perfect for viewing the amazing desert sunsets. BBQ island features a tall archway that reveals the heated pool & spa with sparkling water fountain, relaxation deck, and more incredible views. When it’s time to retire, be sure to visit the enchanting master suite, a blissful retreat blessed with a separate exit to the backyard, snail shower, separate tub, and a closet with plenty of storage space. An attached guest house is the perfect place for visiting guests or some income generating AirBNB as it has it’s own separate entrance, living room, full kitchen with granite counters, and living quarters. Additional amenities include a massive extended RV garage long and tall enough to fit a Class A luxury motorcoach, a private workshop with A/C & its own bathroom!

For more pictures and a property brochure, please visit our webpage at

http://www.locatearizonahomes.com/listing-detail/124276451/10749_E_Running_Water_Drive-Gold_Canyon-AZ

 In order to schedule an appointment to view this home, please call The Gina McKinley Group at 480-355-8645 today!

Welcome to 652 W Canary Way, Chandler!

This wonderful Chandler home has been lovingly updated and upgraded. Large open kitchen featuring granite counters, white cabinetry and stainless appliances. Split floorplan with newer wood plank tile flooring. Surround sound speakers in dining area, living area, and patio for your listening enjoyment. Rare side entry garage with built in cabinets offers plenty of storage. Situated on one of the largest lots in Carino Estates, located on the bend of Canary Way, this pie shaped lot is over 12,000 sqft and is very private. The lot features a RV gate, custom lighting, storage shed, and plenty of room to play. Ideal location that is close to schools, shopping, and Price corridor for an easy commute.

For more pictures and a property brochure, please visit our webpage at http://www.locatearizonahomes.com/listing-detail/123259463/652_W_Canary_Way-Chandler-AZ

In order to schedule an appointment to view this home, please call The Gina McKinley Group at 480-355-8645 today!

Welcome to 1934 E Monterey St, Chandler!

Welcome to your new home! Grace and elegance abound with a custom tile medallion in the entry leading to the formal living and dining room, complete with decor paint and custom drapes. Cathedral ceilings greet you as you move into the kitchen and family room. Entertaining is a breeze in the chef’s kitchen featuring granite counters, stainless appliances, new island, and drink bar with hanging wine glass display and wine fridge. Enjoy lots of natural light in your master retreat with a large bay window, wood-look flooring and en-suite with new cabinets and granite counters. You’ll find three additional bedrooms and separate baths on the main level, while the fully finished basement features a theater room with projector screen, two bedrooms with walk in closets, and upgraded bathroom.

Experience AZ living at it’s finest with the extended paver patio with water fountain, gas fireplace, fruit trees (kumquat, lemon, and tangerine!) and mature landscaping. All this and more in a great home only minutes to the restaurants and entertainment in downtown Chandler and Gilbert and great access to the 101, 202, and 60 freeways. Or, enjoy a stroll or bike ride on the Paseo Trail!

For more pictures and a property brochure, please visit our webpage at

http://www.locatearizonahomes.com/listing-detail/121548087/1934-E-Monterey-Street-Chandler-AZ

 In order to schedule an appointment to view this home, please call The Gina McKinley Group at 480-355-8645 today!

1085 S Reber Ave, Gilbert – Just Listed!

Better than the model home of this floor plan! Owners have updates galore with custom Lanai door with sunscreens that opens to access outdoor living. Granite counter tops with custom back splash, staggered cabinets and stainless appliances, pantry and open concept kitchen dining and living room. Lovely powder room and all tile floors in main living area. Upstairs offers full built in custom desk, separate laundry room and full bath with marble counters, and 2 large bedrooms along with large master bedroom. Master with bath is a dream spa with separate soaker tub, custom walk in titled shower and his and her vanities with large walk in closet. Back patio offers no care artificial grass, Pergola sitting area and built in BBQ island. Make this your new home today!

 

For more pictures and a property brochure, please visit http://www.locatearizonahomes.com/listing-detail/121055611/1085-S-Reber-Avenue-Gilbert-AZ

 

To schedule an appointment to view this great home, please call The Gina McKinley Group at 480-355-8645 today!

1530 W. Loughlin Dr, Chandler – Just Listed!

Welcome home! This lovely Chandler home greets you with wood look laminate flooring and high vaulted ceilings for an open and airy feel. Spacious living room with built-in Bose speakers & wood burning fireplace is great for entertaining! Open to the dining room, the upgraded kitchen features white cabinets, black granite countertops, stainless appliances, walk in pantry, and more! Master bedroom has a huge walk in closet and sliding glass door exit to the backyard. Enjoy your private backyard retreat featuring a built-in BBQ, salt water pool, outdoor speakers & horse shoe pit! Located just minutes from the 101 freeway and the Western Canal, this oasis is perfectly equidistant from both Downtown Gilbert & Chandler; making both reachable by bike. So, whether it’s a dip in the pool (or a game of volleyball!), a round of golf at Dobson Ranch, or hitting the shops at Chandler Fashion Center; you’ll know you’ll have it good in your centrally located abode!

For more pictures and a property brochure, please visit http://www.locatearizonahomes.com/listing-detail/121154856/1530-W-Loughlin-Drive-Chandler-AZ

To schedule a showing of this great home, call The McKinley Group at 480-355-8645 today!

A Word Homeowners Need to Understand

What is your mortgage balance? Well, that is one answer, but the new tax law has a very specific reference for the term Acquisition Debt as it relates to Phoenix Metropolitan home owners, and others around the country. So read on to learn more, then talk to you tax adviser as to the effects this will have on re-financing your current  mortgage, or buying a new home here, in Chandler or in another part of the country.

Acquisition Debt is the amount of money borrowed used to buy, build or improve a principal residence or second home. Under the new tax law, mortgages taken after 12/14/17 are limited to a combination of $750,000 on the first and second homes. The mortgage interest on this debt is tax deductible when itemizing deductions.

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It is a dynamic number that is reduced with each payment as the unpaid balance goes down. The only way to increase acquisition debt is to borrow money to make capital improvements.

Prior to the new law, homeowners could additionally borrow up to $100,000 of home equity debt for any purpose and deduct the interest when itemizing deductions. Mortgage interest on home equity debt is no longer deductible unless it is for capital improvements.

Acquisition debt cannot be increased by refinancing. Some confusion occurs because mortgage lenders are concerned in making home loans that will be repaid according to the terms of the note and using the home as collateral. That does not include making a tax-deductible mortgage.

Another thing that adds confusion to the issue is that the lenders will annually report how much interest was paid in a year but only the amount that is attributable to acquisition debt is deductible.

Even if the interest on the cash-out refinance is not deductible, it may be advantageous to pay off higher interest debt such as credit card debt and replacing it with lower mortgage debt.

It is the responsibility of the taxpayer to know what part of their mortgage debt is deductible. The challenge becomes more difficult after a cash-out refinance. Homeowners should keep records of all financing and capital improvements and consult with their tax professional.

The key here is to consult with your Denver tax adviser BEFORE a re-finance to find out the effects on your tax return. Most good loan officers will be able to answer the question, but a tax adviser is best. To find either a tax adviser or a loan officer CONTACT US TODAY.

CALL 480-355-8645 or EMAIL Gina@LocateArizonaHomes.com

WWW.LocateArizonaHomes.com


What the lack of Inventory means to You and Me!

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In the Phoenix market, our housing inventory fluctuates based on supply and demand.  It will also fluctuate differently based on each different city within the Phoenix Metro Area (i.e., Chandler has a different inventory than Scottsdale, Gilbert from Tempe, and so on) and by price range within that as well.

The National Association of REALTORS® considers a “balanced” market to be around a six-month inventory of homes.  If there is a larger supply, it is considered to be a buyer’s market, and if the supply is lower, it is considered a seller’s market.  Housing inventory is calculated as the number of homes currently on the market within the last month, divided by the number of homes that sold within the last month.

The inventory of existing homes in the overall Phoenix Metro area has been reduced to approximately 3.15 month supply of homes.  There were about 21,770 active homes for sale as of February 28, 2018, which is an increase of about 0.5% from January, but a drop of over 12% for the same time last year.

Housing inventory has a direct impact on price.  When the number of people who need homes is constant, but the supply is reduced, prices tend to go up.  This is because the same number of people are trying to buy a dwindling number of homes.

For the entire Phoenix Metro area, the average home sale price has increased over 7.9% since last year.  That does compare a small condo selling with multiple offers and a luxurious mansion selling for below list price after being on the market for a long time in the same year, so for a more accurate feel of what the market is doing it’s better to use the median home sale price instead of the average.  The median home sale price jumped 9.8% over that same period of time.  That’s nearly a 1:1 relationship of a decrease in housing inventory to an increase in the price of homes!  For someone looking to purchase a $275,000 home, that equates to an increase of $26,950 in one year of appreciation alone.  If that person put off looking for a home for a year, they would have to increase their budget to $300,000 in order to afford the same home.

While I don’t have a crystal ball, it’s important to be able to tell my clients which direction prices will be moving.  When not only prices, but mortgage rates are increasing, all buyers can be dramatically affected by either not being able to afford, or having to pay more for the same size of home they were looking at a few months ago.

If you’re considering selling and would like more specific local statistics on what the market is doing for your home, or if you need assistance navigating through these ever-changing markets, give me a call at 480-355-8645 or email me at Info@LocateArizonaHomes.com today!


Welcome to 4158 S White Drive, Chandler!

This former model home features many luxurious upgrades and is THE best waterfront location in Old Stone Ranch! You will be delighted with the custom paver courtyard to enjoy sunny mornings. The grand entry features a beautiful stone and tile medallion that leads to the formal dining and living rooms where the wrought iron and wood rail adds to the open style floor plan.

The home features beautiful wood floors and high end patterned carpet. The full bath down is tiled throughout. The kitchen features newer, high-end stainless appliances with a gas range for those gourmet cooks plus granite counters, beautiful brushed nickel back-splash and a custom style breakfast room. Cozy up to the stone fireplace listing to your favorite tunes from the surround sound built in speakers in the ample family room. Other upgrades include decor paint, custom draperies, and real wood window sills throughout.

The upper level features a large loft with an elevated den that can also be a great playroom. The dual entry door to the master suite gives an grand entrance and leads to the luxurious bath featuring a soaking tub and shower with tile accents. Garage features an epoxy floor, softwater system, too.

The lush yard features lots of shade and overlooks the lake plus sides to the park and stone waterfall entry. Enjoy many a evening listening to the waterfall in peaceful serenity watching the sunsets and wildlife over the lake.