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Around Arizona Culture Local Events Things to Do

WM Phoenix Open Begins February 7th

The golf world is about to unite in Scottsdale! If you’re in the loop on anything golf, you’ll know that the Waste Management Phoenix Open is a huge deal.

The best golf players in the world come to TPC Scottsdale for a tournament that is broadcast nationwide. Some of the big names in attendance will include Jason Dufner, Viktor Hovland, Xander Schauffele, Billy Horschel, Gary Woodland, Tony Finau, and many more.

Other celebrities are expected to be there too, and even play some golf. Arizona Cardinals all-time leading receiver Larry Fitzgerald, Golf Channel
correspondent Alexandra O’Laughlin, the NFL’s all-time leading rusher Emmitt Smith and actor/comedian Rob Riggle are among the early list of celebrities who will be playing in the Annexus Pro-Am at the WM Phoenix Open on Wednesday, Feb. 9, at TPC Scottsdale’s Stadium Course.

The “Tournament Player’s Club” (TPC Scottsdale) from afar during the 2020 Open.

In addition to golf, there will be live music and lots of fun activities in the Coors Light Entertainment Tent. The tournament begins on February 7th, but the biggest events will be happening from the 10th through the 13th. You can see the full event calendar here.

This year marks the 90th Anniversary of the creation of the Phoenix Open Tournament, so surely the Thunderbirds have big plans in store. You can buy your tickets for the Open by clicking here. First Responders, Military Members, and Veterans get in for free!

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Community Engagement Local Events Outdoor recreation

FH Recreation Announces Spring 2022 Programs

Kade Nelson, the Recreation Program Coordinator for the Town of Fountain Hills, met up with our Toni LePoer to announce three of the biggest recreational programs coming to Fountain Hills beginning in late February. Senior Softball has already begun, while the Adult Cornhole League and Return to Recess begin on February 15th.

We are proud sponsors of Fountain Hills Parks and Recreation and its programs, and we’re very excited to see how these award-winning programs go this season!

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Real Estate

Valuing Your Home for Wealth Planning

If you’re like most Americans, your home may be one of the largest components of your wealth portfolio.  And, like most of us, it’s easier to track the valuation of your financial and banking assets than it is the value of your home.  Yet, shouldn’t the value of your home be a known quantity when analyzing your total wealth? 

If you’re a homeowner in Maricopa County, Arizona, you’ve been treated to some of the country’s best appreciation rates during the past decade.

  For instance, the average annual sales price of homes in Fountain Hills in 2011 was $360,630.  Only 10 years later in 2021, the average sale price of homes was $583,423, an increase of 62%. In 2021 alone, the appreciation rate was 18.72%, and in 2020 it was 22.68%.  That’s a substantial increase in just a short time. 

If you’re wondering what your valuation is, there are plenty of online valuation models. Yet an online model could never be accurate simply based on local algorithms, especially if you have a custom home in a view-oriented area.  Sound familiar?    

As your Realtor, we’re here to provide information in a detailed, professional report any time you need it. Perhaps you’re updating your portfolio of assets, or working through some financial planning or estate planning.  We can help. 

Simply go online to www.sonoranlifestyle.com/evaluation. You’ll be asked some basic questions, at the end of which you’ll receive an instant–and very preliminary–estimate.

However, this will also notify us that you’re interested in an analysis, and that you wish to have more details. After that, we’ll give you a call, discuss any updates to your home since you purchased, then provide a detailed analysis based on your home’s amenities, features, and comparison to other properties currently selling.

We consider ourselves to be a Realtor for life for our clients. We’re always here, ready to provide information for anything from vendor referrals to advice on which upgrades to your home might offer you the best return on investment.

Property Valuation is one way we can help you and your family make critical plans about your future. You may also reach us by phone at 480-837-1331.

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Around Arizona Community Engagement Culture Local Events Things to Do

Celebrate Arizona’s Birthday with Trivia!

How much do you know about Arizona? Well, it’s time to put your knowledge of Arizona-related fun facts to the test! February 14th is Arizona’s 110th birthday, and to celebrate, we’re hosting the “Arizona February Trivia Contest” on our Facebook page!

There will be four rounds of trivia, one for each week of February. The weekly winner will receive a $25 Chocofin Gift Certificate, and the overall winner at the end of the month will receive a $200 Gift Certificate to Arrivederci!

If you follow our Sonoran Lifestyle Facebook page, you’ll notice a new wave of trivia posted each week, beginning on February 1st. Each one is a simple Google Form, with about 10 challenging multiple-choice questions.

How to Participate:

  1. “Like” our Facebook Page
  2. Find this week’s Trivia Post.
  3. “Like” the post or leave a comment.
  4. Share the post to your timeline.
  5. Insert an Email Address that we can contact you with if you win.
  6. Answer the questions to the best of your knowledge. It shouldn’t take longer than 5 minutes.
  7. Submit the form.

Requirements to Win the Prizes:

  • You answered the most questions correctly.
  • You like/follow our Facebook page.
  • You liked the post that included the Trivia.
  • You shared the Trivia Post to your timeline.

We’ll notify each week’s winner by email so they can collect their prize. Be sure you’ve liked our page, liked our post, and shared our post to be eligible for your gift certificates.

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About Fountain Hills Faces of Fountain Hills Local Businesses Local Events Non-profit Organizations

Takeaways from the 2022 State of the Town Address

The 2022 State of the Town Address was this morning at the Community Center. Mayor Ginny Dickey gave a speech, followed by a video presentation, that displayed the challenges Fountain Hills faced in 2021 along with the many huge accomplishments of the year. She concluded the event with a bright outlook for Fountain Hills’ big plans for 2022.

(Some) Highlights of 2021 for Fountain Hills

  • Completion of the Pandora Drive Drainage Tunnels: The old drainage tunnels along the Fountain Park on Pandora Drive were causing road damage and sinkholes, so, beginning in 2020 the tunnels were completely rebuilt with modern strategies.
  • Construction of the FH Medical Center: Fountain Hills now has a hospital, constructed over the course fo 2021. It features emergency rooms, urgent care, and phramacy capabilities.
  • Excellence in Financial Administration: In 2021, the Town saved more than it spent and received awards from the State of Arizona for its pecuniary efficiency.
  • Fountain LED Installation: As part of the Fountain’s 50th birthday gift, a set of huge color-changing LED lights were installed. Now the Fountain glows at night in a seasonally-relevant color.
  • Fountain Livestream: Our famous Fountain is now livestreaming, permanently! Since activating this Earthcam feed, the Fountain has been watched over 4,000,000 times by people around the world.
  • Town Website/Social Media Revamp: The town of Fountain Hills completely revamped their website to meet modern times. In addition to this, the town government is now accessible on Facebook, Instagram, Twitter, and LinkedIn.
  • Creation of the “Safety Corridors”: Sections of Palisades Boulevard and Saguaro Boulevard now feature “safety corridors,” or areas where fines for speeding are doubled.
  • Community Center Remodeling: The Fountain Hills Community Center was repainted, given new floors and interiors, and turned various rooms into usable classrooms. Classes now take place on a daily basis in the rooms of the Community Center.
  • Renewing of the Parks: This part has only just begun. Parts of Four Peaks Park, the Fountain Park, and Desert Vista Park, are in the process of being reinvented, with better playgrounds, ball courts, and more.
  • Crosswalk at Saguaro Boulevard for Desert Vista Park: What was once a long stretch of uncrossable road on Saguaro Boulevard, there is now a sidewalk, crosswalk, and crossing sign setup near the intersection of Saguaro and Desert Vista. This makes Desert Vista Park even more accessible.
  • Building Permits Up 63%: According to Mayor Dickey, 2021 saw the construction of 79 new single-family homes, 99 multi-family homes, and 543 total approved building permits across town. This is a significant increase from the previous year.

Mayor Dickey also applauded the town for its handling of the virus and the conditions created by it, stating “Despite the pandemic, Fountain Hills has moved forward.” She stated that her goal was to make Fountain Hills a place that people will want to come to and stay. “In Fountain Hills, we are all about people,” she said. It looks like Fountain Hills has a bright and ambitious year ahead.

Categories
Outdoor recreation Things to Do

Events in the Night Sky in 2022

Vicky Derksen of Night Sky Tourist and the Fountain Hills Dark Sky Association knows everything that goes on in the sky above our heads. We asked her for a brief rundown of this year’s best eclipses and meteor showers. Here’s a basic schedule of what to look forward to when you look up to the night sky this year in Arizona:

  • January 3-4: Quadrantids Meteor Shower… This shower featured up to 40 meteors per hour, originating mostly from around the Bootes constellation.
  • April 22-23: Lyrids Meteor Shower… This shower will likely feature about 20 meteors per hour, coming mostly from the constellation Lyra.
  • May 6-7: Eta Aquarids Meteor Shower… This shower will feature about 60 meteors per hour, originating mostly from around the constellation Aquarius.
  • May 16: Blood Moon Lunar Eclipse… This total eclipse will be visible across all of North America, and will cause the moon to gradually develop a dark, red color.
  • July 28-29: Delta Aquarids Meteor Shower… This shower will yield about 20 meteors per hour, and will originate mostly from the constellation Aquarius.
  • August 12-13: Perseids Meteor Shower… This is one of the best showers of the year, likely reaching more than 60 meteors per hour. It will mostly yield meteors from around the constellation Perseus, but meteors can come from all over the night sky.
  • October 7: Draconids Meteor Shower… This shower will likley only produce about 10 meteors per hour, coming mostly from around the constellation Draco.
  • October 21-22: Orionids Meteor Shower… This shower will yield about 20 meteors per hour, coming mostly from the constellation Orion.
  • November 4-5: South Taurids Meteor Shower… This is another minor meteor shower, letting out about 5-10 meteors per hour, coming from the constellation Taurus.
  • November 8: Total Lunar Eclipse… This total lunar eclipse will be visible across Asia, the Pacific Ocean, and the western United States. We may be able to see some of its dark red “Blood Moon” coloration, but likely not as much as during the May 16th eclipse.
  • November 17-18: Leonids Meteor Shower… This shower will put out abut 15 meteors per hour, though the moon may block some of the smaller meteors this year.
  • December 13-14: Geminids Meteor Shower… Geminids is the big one. This shower can create up to 120 meteors per hour at its peak. The moon will be out during this year’s Geminids, but it will still be a good show.
  • December 21-22: Ursids Meteor Shower… This shower will be a minor one, creating about 5-10 meteors per hour. There will be no moonlight, so it should look great.

You can learn much more about what’s going on in the sky this year by listening to Vicky’s bi-weekly Night Sky Tourist Podcast and signing up for her newsletter.

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About Fountain Hills Faces of Fountain Hills Local Events

The FH State of the Town Address Is Tomorrow

Every January, the Fountain Hills Chamber of Commerce and the Mayor of Fountain Hills come to the Community Center for the State of the Town Address. On January 25th, the 2022 State of the Town Address is back.

In this year’s meeting, Mayor Ginny Dickey plans to speak on the successes and challenges that the town faced over the course of 2021, especially in regards to the town’s struggles and strategies for overcoming the difficulties of the pandemic.

“I am looking forward to giving this update in front of an audience this year,” said Mayor Ginny Dickey. “As a town, we have been through so many challenges with the pandemic, yet we continued moving forward to meet the needs of our community, and plan for the future.”

The State of the Town Address will begin at 7:30 AM with seating for those who reserved tickets, and live feeds available on Cox Cable Channel 11, the Town of Fountain Hills YouTube channel, and the Town’s Facebook page

Categories
Real Estate

The U.S. is Short 5 Million+ Homes, and Arizona Is No Exception

Arizona’s Housing Shortage….No End in Sight!

Searching for a home in Arizona—like many locations throughout the US—is a study in perseverance and frustration.  The supply of homes is approaching a record low, and the gap between supply and demand is growing. 

Nationally, the U.S. is short 5.24 million homes, an increase of 1.4 million from the 2019 gap of 3.84 million, according to new research from Realtor.com. While 12.3 million American households were created in the past nine years, only 7 million new single-family homes were constructed.  The labor shortage in the construction industry had already been developing before the pandemic, but the virus certainly worsened the problem. The supply chain issues we’ve all experienced have caused the prices for building materials to go up dramatically as well.

“The pandemic has certainly exacerbated the U.S. housing shortage, but data shows household formations outpaced new construction long before Covid. Put simply, new construction supply hasn’t been meeting demand over the last five years,” said Realtor.com chief economist Danielle Hale. “Millennials, many of whom are now in their 30s and even 40s, have debunked the industry’s ‘renter generation’ expectations.”

One example of the challenges is PulteGroup, one of the nation’s largest homebuilders, which lowered its Q3 and full-year guidance for home closings, citing supply chain disruptions. “The supply chain issues that have plagued the industry throughout the pandemic have increased during the second half of the year,” Pulte CEO Ryan Marshall stated in a CNBC article in September of 2021 by Diana Olick.   

Many builders, including Pulte, are slowing down their sales to try and keep up with the backlog of demand. Stocks for building companies have decreased in response. Meanwhile, prices for new and existing homes are rising quickly. In the past three years, the percentage of new homes valued in the $300,000s has declined from 43% in 2018 to 32% in 2021 as the average cost of homes increased.

Arizona is one of the most critical of all markets, suffering from a multitude of factors that have combined to create the perfect storm. 

Some of those factors are typical of nearly every market, where household creation has outpaced the construction of new homes for the past decade, and construction costs and labor shortages have become rife. 

But in Arizona, changes in employer attitudes toward remote work environments have resulted in the market being further impacted by those who moved to enjoy the state’s casual lifestyle, sunbelt climate, and friendly tax structure.  In addition, investors have become a significant element in the market, purchasing 22% of all homes sold in the 4th quarter of 2021.  This trend seemed to grow throughout the year and seems to have no end in sight. 

Finally, job creation and in-migration have surged in the past 5 years, as Arizona’s economy has been transformed due to growth in medicine, bioscience, technology, and financial services industries.   According to the Arizona Office of Economic Opportunity, Greater Phoenix increased its population by 81,623 in 2021, equating to 224 people per day!   

“No matter how you frame the scenario, it will take a more meaningful shift in the pipeline to meet demand in the foreseeable future,” Hale said.

At RE/MAX Sun Properties, we stand ready to share strategies with you to create the best opportunity for success in this highly competitive market.  Find us at SunPropertiesAZ.com

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Around Arizona Local Events Non-profit Organizations Things to Do

It’s Car Week!

On Saturday, Barrett-Jackson, the biggest and most famous car auction in Arizona, opened its doors to inaugurate the 2022 Arizona Car Week!

All this week, you’ll see the streets loaded with crazy, fun. antique cars brought in from around the country and around the world.

We already made a blog post telling where you can find each of the top 6 Car Shows happening this month, which you can find by clicking here. That list is by no means exhaustive, as smaller local car shows are happening all over the city. Surely this week’s Cruisin’ Car Show at Phil’s Filling Station will be a big one.

From Russo and Steele to MAG Auctions to RM Sotheby’s and more, there’s no dearth of car content that you can find just in the East Valley alone.

Whether you’re looking to buy an antique, sell one of your own, or you just want to look at the beautiful sights, this is going to be a week to remember.

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Outdoor recreation Things to Do

Visiting Cruisin’ Car Shows @ Phil’s

Every Sunday from now until May 22nd, 2022, Phil’s Filling Station is the home of a free-to-attend car show! John Weil went to the car show in the video above to talk about it. The shows run from 8:00 AM to 2:00 PM, and the only cost of admission is to be a customer of Phil’s!

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