If you own an Arizona home with a swimming pool you’ll want to be aware that the Arizona Legislature recently passed Title 44 that requires new energy-efficiency standards for residential pool pumps, pool pump motors and portable electric spas. This new legislation went into effect January 1, 2012.
The new Arizona law doesn’t mean you have to run out and change your in-ground pool and spa motor immediately, but it does require any newly installed pumps that are at least one horsepower or greater to meet the new standards. Dual-speed pumps will be the minimum efficiency for pool pump installations moving forward, and inefficient single-speed pumps will no longer be allowed.
Cash was king for Phoenix Arizona area home sales in 2011. While loans have record low interest rates, they are difficult for many people to obtain. In 2011, recent reports showed that in the overall Phoenix Arizona area real estate market in 2011, cash sales accounted for 47 percent of all sales. Of the remaining sales, 27 percent were financed with conventional loans, and 21 percent by FHA loans. VA loans accounted for 3 percent of total sales.
This information says both that 1) loans have been difficult for many to obtain, and also 2) that a large portion of the market is being sold to investors.
If you are thinking of buying and need a good lender who can assist you in getting Pre-Qualified for a loan, let us know, we can refer you. And if you are an investor who is planning to use cash for your purchase, we can help you also.
(Data from ARMLS – deemed to be correct, but not guaranteed.)
Let’s review Year 2011 in Gold Canyon Arizona real estate and also take a close up look at what happened in December 2011. There is a lot of press reports speculating about if the market is getting better or not — read through the facts, and you decide what you think. Residential home sales in [...]
The Federal Housing Administration is extending a temporary waiver of its “anti-flipping” rule for the second year in a row. This means home buyers relying on FHA-insured financing will continue to be able to buy homes that have changed hands in the last 90 days. The waiver is a boon for investors seeking to rehab [...]
Goin’ Postal Gold Canyon has moved to a new location as of January 3, 2012. They moved to the office suite next to the liquor store on Kings Ranch Road, just up Kings Ranch Road from their old location. Their new address is 6499 S Kings Ranch Road, Suite #6. There is a parking lot [...]
Residential home sales in the Gold Canyon Arizona area for November 2011 were not very different from the October 2011 sales figures … very little change. Mere pennies in some cases.
Gold Canyon Arizona is a newer, well maintained unincorporated city in Pinal County about 40 minutes east of the Phoenix Sky Harbor airport. It is considered an upscale community that has many affordable homes. It is adjacent to the Superstition Mountain Wilderness, at the foothills of Superstition Mountain, which offer thousands of square miles of public land for hiking, bike riding, photography, camping or hunting.There are five 18-hole championship length golf courses within Gold Canyon and dozens more within a 30 minute drive. The view of the Superstition Mountain, along with evening sunsets, is one of the most picturesque areas in all of Arizona.
If you own an Arizona home with a swimming pool you’ll want to be aware that the Arizona Legislature recently passed Title 44 that requires new energy-efficiency standards for residential pool pumps, pool pump motors and portable electric spas. This new legislation went into effect January 1, 2012.
