The Anthem real estate market continued to cool off in August. The total number of homes sold fell off 23% from July, and was down 18% from August 2016.  There was some good news in that  the average sale price increased 2% over July but remained the same year over year.  The 12 month moving average continues to remain flat month over month and is now up 3% from last year.  The price per square foot was up 2% from July and was up 3% year over year.  The days on market decreased, now standing at 53 days, down 28% from July and down 35% from August 2016. So the homes that ARE selling are selling fairly fast.  The burn rate, (or homes under contract versus homes on the market) is now about 2.59 month’s supply, edging back toward a seller's market.  There are now 154 homes on the market in... 09/19/2017

Although we no longer see the levels of Short Sales that we did a few years ago in Anthem, Notices of Default continue to be issued, meaning that yet another Anthem property is on the path towards foreclosure at auction on the courthouse steps. Suzanne and I wonder why the owners would allow the property to go to foreclosure, rather than investigate alternatives that may be mutually beneficial to themselves and their lenders. Not all properties heading for foreclosure are necessarily "under water" - which theoretically means they could be sold via a "traditional" sale rather than a "short sale" - but circumstances may mean there are other liens attached or other factors that inhibit or prevent the owners from selling the property - whether or not it's a short sale. Short Sales are "regu... 09/19/2017

The following Anthem, AZ homes closed escrow during the week of 9/4/17 -  9/10/17:1916 W. Spirit Ct., 2 bedrooms, 2 bathrooms, 1,760 square feet, Traditional sale, $230,000;4613 W. Fortune Dr., 4 bedrooms, 2 bathrooms, 1,757 square feet, Traditional sale, $252,000;41505 N. Mill Creek Way, 2 bedrooms, 2 bathrooms, 1,741 square feet, Traditional sale, $255,000;43233 N. Heavenly Way, 4 bedrooms, 2 bathrooms, 1,638 square feet, Traditional sale, $257,000;42708 N. Livingstone Way, 4 bedrooms, 2.75 bathrooms, 2,295 square feet, Traditional sale, $288,000;43810 N. 48th Ln., 4 bedrooms, 2.5 bathrooms, 2,663 square feet, Traditional sale, $325,000;38913 N. Red Tail Ct., 3 bedrooms, 2.5 bathrooms, 2,678 square feet, Traditional sale, $335,000;42008 N. Anthem Springs Rd., 2 bedrooms, 2.5 bathrooms... 09/13/2017

 The following Anthem, AZ homes closed escrow during the week of 8/28/17 -  9/3/17:42424 N. Gavilan Peak Pkwy. #64102, 2 bedrooms, 2.5 bathrooms, 1,325 square feet, Traditional sale, $164,000;42424 N. Gavilan Peak Pkwy. #40104, 2 bedrooms, 2.5 bathrooms, 1,325 square feet, Traditional sale, $165,000;3680 W. Muirfiled Ct., 3 bedrooms, 2.5 bathrooms, 1,661 square feet, Short sale, $180,000;41430 N. Prosperity Way, 2 bedrooms, 2 bathrooms, 1,741 square feet, Short sale, $200,000;1707 W. Kuralt Dr., 3 bedrooms, 2 bathrooms, 1,135 square feet, Traditional sale, $210,000;40232 N. Acadia Ct., 3 bedrooms, 2 bathrooms, 1,403 square feet, Traditional sale, $223,000;37909 N. Raleigh Way, 3 bedrooms, 2 bathrooms, 1,432 square feet, Traditional sale, $230,000;40053 N. Patriot Way, 3 bedrooms, 2 bath... 09/12/2017

 The following Anthem, AZ homes closed escrow during the week of 8/21/17 -  8/27/17:1795 W. Morse Dr., 2 bedrooms, 2 bathrooms, 1,157 square feet, Traditional sale, $194,900;2606 W. Wayne Ln., 3 bedrooms, 2 bathrooms, 1,370 square feet, Traditional sale, $229.000;4527 W. Fortune Dr., 3 bedrooms, 2 bathrooms, 1,625 square feet, Traditional sale, $240,000;39153 N. Acadia Way, 4 bedrooms, 1.75 bathrooms, 1,827 square feet, Traditional Sale, $259,000;2550 W. Pumpkin Ridge Dr., 3 bedrooms, 3 bathrooms, 1,976 square feet, Traditional sale, $280,000;4504 W. Rushmore Dr., 5 bedrooms, 3 bathrooms, 2,662 square feet, Traditional sale, $325,000;39831 N. Lost Legend Dr., 4 bedrooms, 3 bathrooms, 2,120 square feet, Pool, Traditional sale, $325,000;3110 W. Spirit Dr., 4 bedrooms, 2 bathrooms, 2,109 s... 08/31/2017

   This is the Anthem Luxury Homes For Sale August 2017. You will be delighted to find  very interesting options in home designs, high end amenities, locations and price points with Anthem Luxury Homes for Sale.  Many of these higher end  Anthem luxury homes have stunning views of the golf course as well as the surrounding mountains and private green spaces. And many Luxury homes for sale have fabulous pools with water features as well as decked out patios which are perfect for our AZ  outdoor lifestyle. Take a very close look at Anthem Luxury Homes For Sale. For your convenience there is a link below to view all Anthem Luxury Homes with a Pool and without a Pool. Knowing and understanding the current Anthem neighborhood real estate market is essential to making an informed decision abo... 08/29/2017

   This is the Anthem 4 Bedroom Homes For Sale August 2017. 4 bedroom homes for sale in Anthem are perfect for growing families or professionals that work from home.  These larger homes are also great for media buffs that want a dedicated Media Room! Whatever your needs are in a 4 bedroom home you will find great options to chose from in home styles, amenities, floor plans,  price ranges and locations. You will want to take a very close look Anthem 4 Bedroom Homes For Sale. And for your convenience there is a link below to view 4 Bedroom homes for sale in Anthem with Pools and without Pools. Knowing and understanding the current Anthem real estate market is essential to making an informed decision about buying or selling a home in the Anthem Area. If you would like current market inform... 08/29/2017

   This is the Anthem 3 Bedroom Homes For Sale August 2017. The Anthem AZ community is  very popular with families, golfers and first time home buyers. Active adults who have become empty-nesters also prefer this smaller size home for more easy-care maintenance. There is an excellent selection of home styles, floor plans, single or multi-story with amenities and locations throughout Anthem. You'll want to take a very  close look at Anthem 3 Bedroom Homes For Sale. And for your convenience there is a link below for 3 bedroom home Anthem Homes For Sale with Pools and without Pools. Knowing and understanding the current Anthem  real estate market is essential to making an informed decision about buying or selling a home in the Anthem Area. If you would like current market information about... 08/29/2017

   This is the Anthem 5 Bedroom Homes For Sale August 2017. Anthem AZ offers many options with 5 bedroom homes for sale. Do you have a growing family and you simply need more space? Or perhaps you have a multi-generational living situation and need a guest suite for elder parents and/or adult kids living at home.   Many home buyers today work from home and need a dedicated home office or two.  Whatever your needs are in a larger  5+ bedroom home you'll have many choices in home styles, single or multi-level, floor plans, locations and price range.  You'll want to take a very close look at all your options of  Anthem 5 Bedroom Homes For Sale.   And for your convenience, there is a link below to view all 5 Bedroom Homes for Sale in Anthem with Pools or without Pools. Knowing and understan... 08/28/2017

 We just closed escrow on this beautiful Anthem Parkside home!!!Feel free to call me 602-334-3757 or e-mail: jwmurphy@longrealty.com to receive a free value analysis on your home or just to discuss the real estate market in your area.Go to: www.JWMurphy.LongRealty.comto search other homes for sale. 08/28/2017

   This is the Anthem 2 Bedroom Homes For Sale August 2017. First-time home buyers, buyers on a limited budget, or buyers wanting to downsize to a more easily managed home will all find some interesting options when considering a purchase of Anthem 2  Bedroom Homes For Sale.  2 Bedroom homes amount to a very small percentage of the total homes on the market in Anthem AZ. If you're in the market for a 2 bedroom home  in Anthem it's wise to plan ahead. When the 'right' home comes on the market you'll be ready to buy your new Anthem home amd begin your easy-care Anthem lifestyle! Knowing and understanding the current Anthem neighborhood real estate market is essential to making an informed decision about buying or selling a home in the Anthem Area. If you would like current market informat... 08/28/2017

   This is the Anthem Golf Course Homes For Sale August 2017. Are you looking to purchase a golf course home in Anthem AZ? Golf Course Homes For Sale in Anthem offer unique options in home styles, designs, floor plans, locations and price points. Plus the views of the  golf course and the surrounding mountains are what makes the Anthem Golf Community a sought after place to call home. Whatever your needs are in an Anthem golf course home we can help you find the perfect home. You'll want to take a close look at Anthem Golf Course Homes For Sale. For your convenience there is a link below for Golf Course Homes for Sale with Pools and without Pools. Knowing and understanding the current Anthem real estate market is essential to making an informed decision about buying or selling a home in... 08/25/2017

  The Anthem Sprint Triathlon is back!Presented by 4 Peaks Racing and Team Anthem Multisport ClubWhen: Saturday, Aug. 26, 2017Where: Starts at Anthem Coummunity Center For more information click below: http://4peaksracing.com/events/anthem-sprint-2017/  08/24/2017

 The following Anthem, AZ homes closed escrow during the week of 8/14/17 -  8/20/17:39825 N. River Bend Rd., 4 bedrooms, 2 bathrooms, 1,827 square feet, Pool, Traditional sale, $267,500;4508 W. Rolling Rock Dr., 4 bedrooms, 2.5 bathrooms, 2,348 square feet, Traditional sale, $270.000;2559 W. Morse Dr., 4 bedrooms, 2 bathrooms, 2,143 square feet, Traditional sale, $290,000;42014 N. Celebration Dr., 3 bedrooms, 2 bathrooms, 1,822 square feet, Traditional Sale, $295,000;2447 W. Clearview Trail, 3 bedrooms, 2 bathrooms, 2,128 square feet, Pool, Traditional sale, $315,000;42138 N. Anthem Heights Dr., 2 bedrooms, 2 bathrooms, 1,760 square feet, Traditional sale, $325,000;2557 W. Shackleton Dr., 5 bedrooms, 2.5 bathrooms, 2,968 square feet, Pool, Traditional sale, $345,000;2911 W. Adventure Dr... 08/23/2017

 The Villas  real estate market cooled remained on an even keel through July. 2 homes closed escrow in The Villas in July, the same as in June and the same as last July.   The average sale price for the homes sold in July dipped a little versus June , down 2%, but up 3% over last July.   There are currently 3 homes on the market in The Villas at this time.  However, there are 7 under contract, whcih bodes well for August's market report. The 12 month moving average price, $158,559 continues to edge up, 4% versus 2016.   Here are the latest stats for the 31 days ending 7/31/17:Active Listings: 3Homes Pending: 7Homes sold in last 90 days:  2 (Same as from June '17,  Same as from July '16)Burn rate (Inventory on market / by homes currently under contract) = 1.43 months supplyAvg. Sale pric... 08/21/2017

 The Anthem Parkside real estate market retreated a bit in July. Home sales decreased by 5% versus June but was up 53% year over year.  The average sale price fell slightly too, down 2% versus June but up 8% over July 2016. The average price per square foot dipped too, 3% less than June, but up 2% year over year for the Parkside. The average days on market decreased 6% year over year but was up 11% from June. The inventory of homes on the market is at a 2.36 month’s supply, still a strong seller’s market. The 12 month moving average, $293,636 is up 4% from last year, staying consistent over the past year.  And the number of homes currently on the market is 90, while the number of homes currently under contract in the Parkside is 66. Download my mobile app at: LongRealtyapp.com/JerryMurp... 08/18/2017

The Anthem Country Club real estate market pulled back dramatically in July. The total number of homes sold in the Country Club decreased from June, down 38%,  however it was up 38% over an anemic July 2016.  The average sale price decreased in July, and was up year over year by 19%. The price per square foot decreased 6% from June and fell 2% year over year.  The days on market jumped 24% versus June and was up 18% year over year. The burn rate, (or homes under contract versus homes on the market) is now 3.81 month’s supply, edging back toward a buyer's market. Again, the 12 month moving average increased nicely year over year (+6%).  There are now 59 homes on the market in the Club, down 16% from June.Download my mobile app at: LongRealtyapp.com/JerryMurphy  to search for homes for sa... 08/16/2017

The following Anthem, AZ homes closed escrow during the week of 8/7/17 -  8/13/17:42424 N. Gavilan Peak Pkwy. #3206, 2 bedrooms, 2 bathrooms, 1,204 square feet, Traditional sale, $165,000;2602 W. Medinah Way, 3 bedrooms, 2 bathrooms, 1,577 square feet, Traditional sale, $240.000;3609 W. Walden Ct., 4 bedrooms, 2.5 bathrooms, 2,140 square feet, Traditional sale, $270,000;39910 N. Messner Way, 3 bedrooms, 2.5 bathrooms, 1,965 square feet, Traditional Sale, $273,000;4324 W. Diburgo Dr., 4 bedrooms, 3 bathrooms, 3,098 square feet, Traditional sale, $305,000;40721 N. Harbour Town Ct., 2 bedrooms, 2 bathrooms, 2,182 square feet, Traditional sale, $312,000;3727 W. Glacier Ct., 6 bedrooms, 4 bathrooms, 3,646 square feet, Traditional sale, $319,900;1625 W. Ainsworth Dr., 4 bedrooms, 2.5 bathroom... 08/15/2017

The Anthem real estate market pulled back a little bit in July. The total number of homes sold fell off 12% from June, but was up 47% from July 2016.  Good news was the average sale price increased 5% over June and was up 9% year over year.  The 12 month moving average continues to remain flat month over month and is now up 4% from last year.  The price per square foot declined 5% from June and was flat year over year. Again, the decline in the price per square foot could be attributed to larger homes selling, which usually have a lower price per square foot. The days on market increased, now standing at 74 days, up 9% from June and up 1% from July 2016. The burn rate, (or homes under contract versus homes on the market) is now about 2.95 month’s supply,  just about a balanced market.  ... 08/14/2017

  While the Short Sale days of the previous decade are for the most part behind us, the reality is that there are still hundreds of homes "under water" in Arizona.   While it's true that not every property facing foreclosure in Anthem is "under water", may of them are, and unfortunately many homeowners still don't understand that the likelihood is they will be far better off doing a Short Sale of their Anthem home than allowing their Anthem home to be sold at auction on the courthouse steps!    Short Sales are "regular resales" with one big difference.     Your lender(s) must agree to accept less than the amount(s) owed on your loan(s).   While there are many details regarding Short Sale Seller financial circumstances and the hardship they face, the bottom line is that most lenders pref... 08/10/2017