Gold Canyon, Arizona, and East Phoenix Valley, Arizona Homes for Sale: Real Estate Relocation and Investment

The Phoenix Arizona area is approaching the time of year when monsoons come to the area. These storms can arrive quickly and can hit hard. One of the things that happens year after year is trees that have not been properly trimmed end up going down in the storms. If trees are close to a home, they can end up crashing into the roof and home causing damage. Or if by a pool they can end up going down and into the pool. Also a concern is a top heavy tree falls near a power line it can take the power line down with it. But even if there is no damage to a home, an untrimmed tree may go down and a beloved tree can be lost.

In order to alleviate losing trees, and/or branches and limbs to storm damage, it is recommend that homeowners have their trees trimmed so they are not top heavy and therefore less prone to going down in a monsoon. Obviously even a good and proper trimming is not a guarantee that you will not lose any trees, but having them trimmed will greatly decrease the chance of loss.

Trimming trees properly is important. It is important not to simply cut all the lower branches and leave the top to become very top heavy. Trees that have been trimmed in this manner are at the most risk in the monsoons.

Interested in learning more about proper trimming techniques?
Here are some Internet links to help.
Arizona University has an online resource document about tree trimming.
SRP has an excellent on line resource about overall monsoon safety tips as well as trees.
Arizona Agriculture offers some tips.

If you are not interested in climbing ladders and dealing with the tree triming yourself, then consult with a local landscape firm to tackle the tree project before the monsoons arrive. If you need a landscaper recommendation call us, we have some good firms on file – 480-201-3001.

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In one of our earlier posts we reported how investors are gobbling up foreclosures in the Phoenix real estate market. While this trend continues, there is more speculation that not all pre-foreclosures being held by the banks are making their way back into the market in a timely way. In a June 23rd Arizona Republic article it was reported that as many as 45,000 “pending” foreclosure homes are being “held back” from being placed on the market to be sold. (Arizona Republic reports that this data comes from the research firm, Information Market. )

One belief is that the banks are deliberately dragging their feet at putting these homes onto the market in an effort to keep home prices from sliding even farther. But many feel that this may even hinder and prolong the market’s long term recovery.

Another belief is that the banks are dragging their heels on higher ticket properties because the demand is low and selling off so many of these properties at low prices could possibly cause some banks to fail.

Another school of thought is that the banks are simply overwhelmed with the volumes and cannot deal with them any quicker.

Many of these properties may be actually listed in the MLS and on the market for sale as a “potential short sale” – a process which often takes many months to go through — if the short sale is allowed by the bank(s) to happen at all. We know from personal experience this “short-sale” process can account for a number of homes and keeps them on the market in this “limbo” state for months and months, as we have had “short-sales” finally close after 9+ months of negotiation. Other agents we know have had even longer “short-sale” experiences.

Whatever the reason, the volume of “pending” foreclosures has grown steadily since 2006. In 2006 it was reported that only 2,311 homes were in this “pre-foreclosure” state, and now as of June 2009 they are reporting 45,709.

What this says is that there will be foreclosures coming onto the marketplace for many more months in the Phoenix Arizona areas.

If you are a buyer looking for bargains, now is the time to check into the market. Call us if we can help you — 480-201-3001 or send us an e-mail – homes@benjamin.com.

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Gold Canyon and East Phoenix Valley Homes and Area Information

Trim Arizona Trees Before The Monsoons Arrive

Phoenix Arizona Real Estate Market Has Record Pre-foreclosures