Subject: Paradise Valley MarketWatch - Lots of New Listings & Seller Finance Update

Good morning Friend,

It appears that Washington has given seller
financing a stay of execution, and perhaps a
full pardon will be forthcoming later this year. 
Specifically, the nasty consequences of the
Dodd-Frank Act won't take effect until 2014.
Furthermore, there have been quite a few
regulatory updates since the beginning of the
year, which clarified many ambiguities, and
eliminated some of the speculated worst case
scenarios.

It appears that someone up the chain has
recognized the unintended consequences
of the Act, and we may very well not have
any major interruption to seller financing. For
more details, Combs Law Group has some
helpful updates here and here.  

***

Do you remember that home I highlighted
last week that was selling for under $1.4 million
and there had been $3 million into the land
and construction?  Remember I said to call
me quickly?  Well it's gone now.  It had an offer
within a day after I sent the newsletter and the
deal was agreed within 48 hours. This market is
moving very quickly.

If you're serious about buying a home and
getting the best quality and value, please
consider this newsletter a map, but you still
want a trail guide to lead the way.  My
services are free to buyers, all you have to
do is invest a few minutes to let me know
what you want. Then I will work my magic to
get you what you want as quickly as possible,
and preferably before the general public.

Please upgrade to VIP today so you don't
lose out on the next great home click here.

***

Closings Last Week
In the words of Christopher Walken: "Wowee
Zowee!"  The average sales price per square
foot last week was $391, that's almost $100
psf higher than we've been running most weeks.
Plus, the mix of homes was old, with an average
year of construction of 1979.  Of course many
were remodeled, but still, this is noteworthy.
The total sales volume was $10.4 million with
an average price just under $1.5 million.

New Listings This Week
There are 18 new listings this week, lots of sellers
coming out of the woodwork as the market 
improves, just as anticipated.  There's a broad
selection with prices ranging from $659k to
$7.15 million.

Here are my picks for quality and value this week:

Almost 2 1/2 Acres in Guard-Gated Community
Located in Cheney Estates, this home is almost
8,000 square feet on just under 2 1/2 acres.  This
home is very tastefully decorated and would be
well suited to families who enjoy entertaining and
also want privacy.  Amenities include a large guest
house, Chef's kitchen and butler's pantry, 1600
bottle wine cellar, and more.  This special home
is offered at $4.5 million.

Remodeled Home on Cul de Sac at Superb Price
It's getting difficult to find a decent home near a
million dollars in Paradise Valley, so this home is
noteworthy.  It's almost 4,300 square feet and has
an absolutely stunning contemporary style kitchen,
pool, and no HOA.  A lot of home for the price at
$1.16 million so please don't delay on this one if
you are interested call me at (480) 442-7325.

Hillside Contemporary with Views
This soft contemporary is almost 4,800 square
feet and boasts a negative edge pool and views
for miles.  The home is in fine condition, though
could be truly spectacular with a cosmetic refresh.
There's a lot here for $1.6 million. 
-> Detailed Report

To see all of this week's listings, please click here.


To see everything on the MLS in Paradise Valley
please click here.

That's all for this week, I'll be back next week with all
the latest in Paradise Valley real estate.

Regards,

Alex
SearchParadiseValleyProperties.com
(480) 442-7325

p.s. Thank you for reading my newsletter.  It's been
such an honor and privilege to meet so many 
fascinating people as a result.  I'm looking forward
to a wonderful year meeting many more of my readers.
Thank you sincerely.