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Lisa Bray

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First Half of 2017 Ends with Record Sales and Prices

by Lisa Bray

First Half of 2017 Ends with Record Sales and Prices

The first half of 2017 ends with record sales and prices according to the July 2017 RE/MAX National Housing Report. The U.S. housing market is on pace for another record year as four of the last six months have topped same month sales from 2016. June home sales were 1.4 percent higher than June 2016, which was previously the month with the most home sales in the nine-year history of the report.

The combination of increased sales and a record low inventory that slipped further to 2.8 months resulted in higher sales prices. June’s median sales price of $245,000, up 7.5 percent over last June, also set a RE/MAX National Housing report record. In fact, prices increased in fifty of the report’s fifty-three markets. The average number of Days on Market dropped to a report-record low of 47, while inventory dropped year-over-year in 87 percent of the markets.

“Sellers continue to benefit from limited inventory, getting top-dollar for their homes, and as a result, overall sales are at a record high,” said Adam Contos, RE/MAX Co-CEO. “But buyers shouldn’t be discouraged. Mortgage rates are still relatively low and the market may be taking a positive turn, albeit subtle, as recent Labor Department data showed a decline in open construction jobs which could mean more workers focused on new home builds.”

In June 2017, the median of all 53 metro Median Sales Prices was $245,000, up 5.6 percent from May 2017 and up 7.5 percent from June 2016. In June 2017, 52 of the 53 metro areas surveyed reported a months supply of less than 6.0, which is typically considered a seller’s market. Please click here to download a copy of the July 2017 RE/MAX National Housing Report.

If you would like to sell your Phoenix home or find the perfect home for sale in the West Valley, please contact Lisa Bray. I will be happy to provide a free market analysis of your home, and I am deeply committed to helping you reach your real estate goals on step at a time!

Lisa Bray

RE/MAX Professionals

www.LisaBray.com

602-762-3691
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“Delivering More than Just a Home”

RE/MAX Professionals Celebrates 25 Years of Miracles

by Lisa Bray

RE/MAX Professionals Celebrates 25 Years of Miracles 

Every minute, 62 children enter a Children’s Miracle Network Hospital for treatment; every 30 seconds, a RE/MAX agent helps someone find their perfect place. Since 1992, RE/MAX agents and brokers have invested in the well-being of their local communities by raising more than $150 million for 170 CMN Hospitals.

We are excited to announce that our offices will be participating in our third annual “Month of Miracles” throughout the month of August. This is a month-long fundraising event is designed to raise much-need money to support our local Phoenix Children’s Hospital as well as raise awareness in our community.

In 2016, RE/MAX Affiliates in the U.S. and Canada donated over $10 million to 170 Children’s Miracle Network Hospitals through the Miracle Home and Miracle Property programs. Here at RE/MAX Professionals, myself and our agents donated over $40,000 to our local Phoenix Children’s Hospital last year. We were recognized by RE/MAX LLC for being the highest contributing office in the Southwest Region (Arizona, Nevada and New Mexico) to the Children’s Miracle Network, and our local Phoenix Children's Hospital!

Please help us reach out goal of ONE MILLION PENNIES for the “Month of Miracles” in August, 2017. You can drop by any one of our five offices to participate in our fundraising efforts, or contact me and I will be happy to pick up your donation.

On behalf of all the kids at Phoenix Children’s Hospital, I thank you in advance for your support in helping us achieve this goal for our community!

Sincerely,

Lisa Bray

RE/MAX Professionals

www.LisaBray.com

602-762-3691

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New Housing Complex Coming to the West Valley

by Lisa Bray

New Housing Complex Coming to the West Valley

Arizona is a hub for exciting new community additions and welcomes new growth valley wide. That’s why we’re excited that a new housing complex is coming to the West Valley. A fifty-six unit gated multi-housing complex is moving toward construction on 4.55 acres near 67th and Olive avenues in south Peoria.

The proposal includes seven, two-story buildings with open space amenities and borders Glendale to the east, so developers are working with both cities. The project will include two-bedroom units on the site with various amenities, including a pool/spa, dog park and barbecue facilities.

Senior Planner Jon Froke said the project was approved in Glendale last year. He expects the applicant, SNS APT 1Investment Services LLLP, to pull building permits later this summer. Councilwoman Vicki Hunt, who represents the area, said she wholeheartedly supports the infill project. “This is a small area and to get this kind of nice development in there is a real coup for our city and the surrounding residents,” she said.

This new growth in the West Valley is not a surprise. Earlier this year, a report from Wells Fargo Securities predicted Arizona shifting into higher gear this year, with the pace of economic growth nearly doubling and the state's population passing 7 million. “Strong population gains and solid job growth should help drive home sales and new home construction," wrote Mark Vitner and Jamie Feik, economists for Wells Fargo Securities.

If you’d like more west valley community news or if you are looking to sell your home or buy a home in the west valley, please contact me today.

Lisa Bray

RE/MAX Professionals

www.LisaBray.com

602-762-3691
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Brisk Home Sales Set Post-Recession Records

by Lisa Bray

Brisk Home Sales Set Post-Recession Records

After a brief dip in April home sales, the U.S. housing market returned to seasonally high sales in May, increasing 20.6% from the previous month and 4.3% from May 2016, according to the June RE/MAX National Housing Report. In fact, it was the strongest May in terms of home sales in the nine-year history of the report.

The average Days on Market for homes sold in May 2017 was fifty-one, down six days from the average in April 2017, and down seven days from the May 2016 average. The number of homes for sale in May 2017 was down 0.6 percent from April 2017, and down 16.2 percent from May 2016.

Based on the rate of home sales in May, the Months Supply of Inventory was 2.6, compared to April 2017 at 2.8 and May 2016 at 3.0. This is the third month in a row months supply has been below 3.0. A 6.0-months supply indicates a market balanced equally between buyers and sellers. In May 2017, fifty-two of the fifty-three metro areas surveyed reported a months supply of less than 6.0, which is typically considered a seller’s market.

Want to know more about the current real estate market? Click here to download your copy of the June 2017 RE/MAX National Housing Report. If you would like to sell your Arizona home or find the perfect home for sale in the West Valley, please contact Lisa Bray. I will be happy to provide a free market analysis of your home, and I am deeply committed to helping you reach your real estate goals on step at a time.

Lisa Bray

RE/MAX Professionals

www.LisaBray.com

602-762-3691
Join me on
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Proud to be a Certified Residential Specialist

by Lisa Bray

Proud to be a Certified Residential Specialist

I’ve got great news! I’ve just recently earned my CRS Designation, and I am now a Certified Residential Specialist. The CRS designation is the highest credential awarded to residential sales agents, managers, and brokers from the esteemed Council of Residential Specialists.

As a proud member of the National Association of REALTORS®, I have the unique opportunity utilize their wide-range of programs and services to help me increase my skills, proficiency, and knowledge so that I can be of better service to my community and to my wonderful clients.  Education and experience is the foundation of being a Certified Residential Specialists, and I am proud to have earned this honor.  

Less than four percent of the more than one million REALTORS® in business today hold the prestigious Certified Residential Specialist (CRS) Designation, the highest professional designation awarded to REALTORS® in the residential sales field. That's because just one in twenty-five has the experience, the commitment and the hours of advanced training necessary to call themselves a Certified Residential Specialist.

And as new CRS designation recipient, I promise to continue to provide the expert level of service you’ve come to expect from me over the years and more. So whether you’re looking to sell your Arizona home or buy an Arizona home, let a newly Certified Residential Specialist with a proven track record of success guide you every step of the way!

Lisa Bray

RE/MAX Professionals

www.LisaBray.com

602-762-3691
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“Delivering More than Just a Home”

 

May 2017 RE/MAX National Housing Report

by Lisa Bray

May 2017 RE/MAX National Housing Report

The brisk start to the 2017 home-selling season slowed down in April with home sales dropping 4.1 percent below March and 4.5 percent below the previous April, according to this month’s RE/MAX National Housing Report.

More than three quarters of the report’s fifty-three metro areas saw April home sales decline year-over-year. By contrast, March posted a 6.6 percent year-over-year spike in sales. Even so, April saw homes sell for more than they did in March in 81 percent of the markets, while 92 percent of the markets saw higher year-over-year sale prices.

“We may be seeing some frustration from buyers,” said Dave Liniger, RE/MAX CEO, Chairman of the Board and Co-Founder“Inventory is tighter than ever, while strong demand keeps driving up home prices. At the same time, many potential sellers may also be reluctant to list their homes because the tight inventory might impact them as buyers. Home buyers and sellers will need to work with experienced real estate agents to navigate this tough market.”

Want to know more about the current real estate market? Click here to download your copy of the May2017 RE/MAX National Housing Report. If you would like to sell your Arizona home or find the perfect home for sale in the West Valley, please contact Lisa Bray. I will be happy to provide a free market analysis of your home, and I am deeply committed to helping you reach your real estate goals on step at a time.

Lisa Bray

RE/MAX Professionals

www.LisaBray.com

602-762-3691
Join me on
Facebook!

Search the MLS Now!

“Delivering More than Just a Home”

What it Means to be a Mother

by Lisa Bray

What it Means to be a Mother

What is motherhood? What does it mean to be a mother? These questions are as challenging to answer as they are simple. Yes, to give birth; yes, to adopt children; yes, to have a family. But being a mother is also about much more than that. There’s some large, overwhelming, and beautiful piece at the center of motherhood that is so hard to put words to. It’s a feeling, not an explanation. Maybe that piece is best called love. If so, it is truly a unique love reserved for the mother/child relationship. And when you’ve felt it, you know it. In honor of Mother’s Day, these three moms share what it means to be a mother.

“For me, motherhood is seeing the profound value in learning about who your children are, and then encouraging and teaching them to be the best versions of themselves. It is my greatest hope that this acceptance and unconditional love will empower and strengthen my children as well as foster self-confidence and kindness!”—Courtney Westlake, blogger, Blessed By Brenna

“Motherhood is truly a remarkable gift and a privilege that I hold very close to my heart. To me, being a mother means to be fearless2, to be a positive role model, to be a continuous cheerleader for every milestone my children will experience, to demonstrate the abundance of unconditional love that has no end and to cherish the countless memories that is truly priceless.”—Eluka Moore, Co-Founder & Author, Kitchen Club Kids

“To me, being a mother is the greatest job in the world. Helping my girls through all the things life throws them, while also lifting them up so they can reach for the stars and grab one! That’s what being a mom is all about—always being there—the shoulder to cry on, the cheerleader to never give up, the one that gives the standing ovation, the familiar hand to hold.”—Bobbie Rhoads, Founder & President, FunBites LLC

Motherhood means different things to everyone, but one thing is for certain. The love of a mother is a unifying love that can be felt by many for generations from family to family. Thank you to all the wonderful mother’s out there. Happy Mother’s Day!

Lisa Bray

RE/MAX Professionals

www.LisaBray.com

602-762-3691

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April 2017 RE/MAX National Housing Report

by Lisa Bray

April 2017 RE/MAX National Housing Report

March launched the home-buying season with post-recession records for increasing home sales and prices and decreasing inventory, according to this month’s RE/MAX National Housing Report that surveys fifty-three metro areas. Last month, home sales were 6.6 percent higher than the nine-year-old report’s previous March record, set in 2016. Thirty-eight of the fifty-three metro areas in the report showed year-over-year increases.

Meanwhile, Months Supply of Inventory dropped below three months for the first time in the history of the report, indicating a market that greatly favors sellers, as six months is considered a balanced market. Active inventory continued to decline, dropping 17 percent year-over-year. As a result, the Median Sales Price of $225,000—also a March record—was up eleven percent year-over-year. This was the twelth consecutive month of year-over-year price increases.

Want to know more about the current real estate market? Click here to download your copy of the April 2017 RE/MAX National Housing Report. If you would like to sell your Arizona home or find the perfect home for sale in the West Valley, please contact Lisa Bray. I will be happy to provide a free market analysis of your home, and I am deeply committed to helping you reach your real estate goals on step at a time.

Lisa Bray

RE/MAX Professionals

www.LisaBray.com

602-762-3691

Join me on Facebook!

Search the MLS Now!

“Delivering More than Just a Home”

Beautiful Easter Wishes to Share with Your Loved Ones

by Lisa Bray

Beautiful Easter Wishes to Share with Your Loved Ones

Easter is here and I couldn’t be more thrilled. Any holiday that allows you to spend time with the people you love and enjoy good food and treats is always a pleasure. So whether you want to wish your friends on social media some fun Easter wishes or maybe write a nice card to family members who you’re enjoying you day with, here are some beautiful Easter wishes to share with your loved ones.

  • May you feel the hope of new beginnings, love and happiness during this joyful Easter holiday.
  • I hope this Easter holiday fills your home with peace, joy, and plenty of colorful Easter eggs.
  • Easter symbolizes the renewal of life. I wish you and your family the renewal of life, love, and happiness.
  • May the spirit of the spring season fill your home this Easter and all the rest of your days.
  • Wishing you a very Happy Easter that is filled with plenty of love and happiness.
  • Here’s to hoping this Easter holiday brings your family health, happiness, and lots of love.
  • Sending you joyful hugs this Easter. May all of your dreams and wishes come true.
  • Easter is more than just eggs and candy. It is also about peace, love, and family.
  • Wishing you a Happy Easter that is just as bright and joyful as the spring time air around you.
  • May you find the renewal of hope, health, love and joy. Happy Easter to you and your lovely family.

Have a beautiful weekend and a wonderfully Happy Easter!

Lisa Bray

RE/MAX Professionals

www.LisaBray.com

602-762-3691
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“More than Just a Home”

4th Annual Lakeside Music Festival

by Lisa Bray

4th Annual Lakeside Music Festival

You’re invited! Join us for the 4th Annual Goodyear Lakeside Music Festival on Saturday, April 8th from 12pm to 9pm at the North Lake Amphitheater, 10360 S. Estrella Parkway Goodyear. In cooperation with the West Valley Arts Council, the City of Goodyear and the Arts and Culture Commission, this fun spring music fest includes multiple bands and solo artists that perform on two stages.

With over nine hours of entertainment, there’s something for everyone of all ages to enjoy. From a "Kids Zone" and awesome food vendors to a beer and wine tent, the Lakeside Amphitheater will come alive as music fills the beautiful West Valley air.

Located on the lakeside lawn in the beautiful Estrella by Newland Community, this free festival includes an artisan village, various performers and much, much and more! Click here to see the performance line up and additional Lakeside Music Festival details. For more fun things to do in Goodyear and other local west valley events happening in your neighborhood this spring, please contact Lisa Bray today.

Lisa Bray

RE/MAX Professionals

www.LisaBray.com

602-762-3691

Join me on Facebook!

Search the MLS Now!

“More than Just a Home”

Displaying blog entries 1-10 of 94