Buying a Phoenix New Build Home from a developer is an exciting process for many Canadian home buyers. However, you need to protect yourself with your own representation. The first thing to remember when buying a new build is that the sales person works for the builder and not you. No matter how friendly they are, they only have one product to sell and may not have your best interest in mind.

If you go to a sales office and they ask you to fill out a registration card. Do not do it. You are not required to fill out a registration card to see the model homes. If you register without your Realtor, your Realtor will not be allowed to represent you in the transaction process. In any Arizona Real Estate transaction it is good to have your own representation. New home builders typically don’t belong to the National Association of Realtors and don’t work under the same ethics and guidelines. Contracts written for a new build are often written to protect the builder where as the Arizona Association of Realtors contracts are written to protect the buyer.

There are some advantages to buying a new build in Arizona. Many developers are hurting in this market so you can get some great deals and some builders have excellent warranties available. In addition to this, it is simply nice to live in a brand new home.

We specialize in Phoenix and Scottsdale Real Estate for Canadians and would be happy to answer your questions. Email me at Carmen@ThePhoenixExperts.com or call me at (800) 300-0263.

I was a real estate lawyer in Alberta before moving to Arizona to become a Realtor. I understand all of the differences between Canadian and Arizona real estate transactions. I explain those differences to my clients and can take you through the process of buying Arizona real estate step by step. Why use a less experienced Realtor?

Carmen Brodeur BA, LLB
Arizona Realtor / Former Alberta Lawyer
www.ThePhoenixExperts.com
1-800-300-0263

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Updated Phoenix Foreclosure statistics have been released by the Arizona Regional Multiple Listing Service (ARMLS) for April 2010. As you can see below the number of foreclosures being sold in the Phoenix, AZ area are decreasing. This is the trend across the entire city, not just in one area. It looks like the number of available Bank Owned Homes will continue to get smaller and smaller.

Carmen Brodeur BA, LLB
Arizona Realtor / Former Alberta Lawyer
www.ThePhoenixExperts.com
1-800-300-0263

View all available Scottsdale Foreclosures

The Arizona Regional Multiple Listing Services (ARMLS) has just released their April 2010 statistics on Phoenix Foreclosures. As you can see from the chart below, the number of foreclosures have decreased from about 39% of total home sales to about 36% of total homes sales just in the past two months. It looks like the number of bank owned homes in the Phoenix market is getting smaller and smaller.

If you would like to view available homes in the Phoenix Arizona area feel free to visit my website www.ThePhoenixExperts.com. Call me at (800) 300-0263 with any Phoenix Real Estate questions.

Carmen Brodeur BA, LLB
Arizona Realtor / Former Alberta Lawyer
www.ThePhoenixExperts.com
1-800-300-0263

Now is the opportunity of a lifetime for Canadians to purchase homes in Arizona. Phoenix Real Estate is about 50% less than what it was just a few years ago, while as we all know, earlier this month the Loonie reached par with the U.S. dollar. That is the first time since July 2008. Ever since, my phone has been ringing off the hook with buyers who understand the importance of investing now while the price is right.

There are some excellent opportunities for Canadian buyers right now. A recent news story has reported an estimated 80 percent increase in home sales to Canadians over the past year. Read about an investment group hoping to purchase hundreds of properties in the Phoenix area: http://www.abc15.com/content/realestate/story/Arizona-real-estate-being-snapped-up-by-Canadian/To_gZ9p-iUi_WqnE0RpCTw.cspx.

With the beautiful Arizona weather about 9 months out of the year, I can’t think of a better place to own a vacation home and get away from the cold Alberta weather. The Loonie will not remain this strong forever and with the Phoenix Real Estate market slowly coming back up, now is the best time to purchase a resort style home or condo so that you can spend your winters golfing and playing tennis in your own resort style community.

If you would like to view all available homes in the Phoenix Arizona area visit my website www.ThePhoenixExperts.com. Feel free to call me with any questions at (602) 791-0536 or (800) 300-0263.

Carmen Brodeur BA, LLB
Arizona Realtor / Former Alberta Lawyer
www.ThePhoenixExperts.com
1-800-300-0263

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Carmen Brodeur BA, LLB is an Arizona Realtor and Former Alberta Lawyer. She brings a wealth of knowledge and experience to the table. Her clients benefit immensely from her negotiation skills to get the very best deal possible. Put her experience to work for you. Call Carmen Brodeur at 1-800-300-0263 for all Phoenix and Scottsdale Real Estate.

Recent reports from several trustworthy financial sources such as MarketWatch, Inc and Dow Jones Newswires are stating that the Loonie will most likely reach par with the U.S. dollar by this Summer. The Loonie has increased by about 23% against the US dollar just in the past 12 months so it is looking like for the first time since July 2008 it might actually hit par.

What does this mean for you? It means that NOW is the time to start searching for your new home in Arizona! So many Canadians have been holding off on purchasing homes because they were worried that they would buy too soon or that the dollar was not strong enough. With the Arizona real estate market coming back up and the Canadian Loonie almost at Par, I can’t think of a better time to buy.  As an added bonus March and April are two of the most enjoyable months in AZ because the weather is so beautiful!

Feel free to contact me at (800) 300-0263 with any questions regarding the current real estate market conditions. I would be happy to help you find your dream home in beautiful Arizona. Visit my website to view available luxury homes at www.ThePhoenixExperts.com.

Carmen Brodeur BA, LLB
Arizona Realtor / Former Alberta Lawyer
www.ThePhoenixExperts.com
1-800-300-0263

View Foreclosures in Scottsdale AZ – Click Here

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The latest Real Estate statistics on the Maricopa County median home sales price has been released by The Arizona Regional MLS. These statistics will give you a general idea of the entire Phoenix and Scottsdale markets. According to ARMLS the home prices hit bottom in March 2009 when the median home price decreased from $265,000 to $125,000. That is a very dramatic drop for the real estate market.

According to numbers at the end of 2009 the market has stabilized and home prices are going up at a steady rate in Maricopa County. There has been a lateral trend of stabilized prices or slight price increases over the past 8 months. It is clear that we have seen the worst of the real estate market crash and home prices are going to continue to steadily increase, especially in the finer North Scottsdale communities of Maricopa County. During the crash many Phoenix area communities saw a drop in home prices of 50% or more.

If you are interested in viewing more detailed sales updates for the Phoenix or Scottsdale Arizona areas visit my website at www.ThePhoenixExperts.com. I am always happy to answer your questions, feel free to call me at (800) 300-0263 or email me at Carmen@ScottsdaleExperts.com.

Carmen Brodeur BA, LLB
Arizona Realtor / Former Alberta Lawyer
www.ThePhoenixExperts.com
1-800-300-0263

Click here to view Scottsdale Foreclosures or REOs

Everyday I encounter astonishment from Canadian clients when I tell them that the number of foreclosures in Phoenix are dropping. They often don’t believe me because it is exactly opposite of all of the rumors they hear in Canada. Well the rumor mill isn’t the best source of information. Every month we have had statistically less and less foreclosures on the market. As a result, the prices in Phoenix are stabilizing and in many neighborhoods starting to rise. No there isn’t a “tsunami of foreclosures about to hit the market” or any other such nonsense. The fact of the matter is prices are not going to get any cheaper. If you are interested in Phoenix real estate, the longer you wait, the more you will pay.

We specialize in Phoenix and Scottsdale real estate for Canadians. We would be happy to answer your questions. Email me at Carmen@ThePhoenixExperts.com.

I was a real estate lawyer in Alberta before moving to Arizona to become a Realtor. I understand all of the differences between Canadian and Arizona real estate transactions. I explain those differences to my clients and can take you through the process of buying Arizona real estate step by step. Why use a less experienced Realtor?

Carmen Brodeur BA, LLB
Arizona Realtor / Former Alberta Lawyer
www.ThePhoenixExperts.com
1-800-300-0263

Best wishes to everyone for a warm and happy holiday. We are very excited about 2010 and hope you are too. We would also like to take this opportunity to thank all of our wonderful clients over the past year for their business. We hope we have made each and every one of you feel special and appreciated.

Carmen and Marc Brodeur
www.ThePhoenixExperts.com
1-800-300-0263
Specializing in Arizona Real Estate for Canadians

I am often asked if mortgages are available for Canadians in Arizona. Yes! There are 3 companies that we can refer you to for a mortgage. Here are today’s rates from IMortgage:

These are rates for Canadians purchasing in Arizona with 30% down for vacation homes only (no rental properties). No Social Security number is needed. They will use your Canadian credit report.

30 year fixed 5.25%

15 year fixed 4.75%

5 year arm 4.25%

7 year arm 4.5%

(Rates are for November 16^th 2009. Subject to change without notice)

We specialize in real estate in Phoenix and Scottsdale for Canadians. Visit our website www.ThePhoenixExperts.com or call me at 1-800-300-0263. Lets get started to find your dream home!

Carmen Brodeur

www.ThePhoenixExperts.com

As you are probably aware, the Canadian dollar has dropped a few cents in the past week. This has caused concern among Canadian buyers. The Canadians I have spoken with this week fall into 2 categories:
(1) We need to find a home to buy IMMEDIATELY before the dollar drops further, or
(2) We have decided to wait a month until the dollar comes back up.

Who is right? Unless you have a crystal ball, no one can say for sure. I have in the past seen many Canadians assume that by waiting the dollar will increase, only to have it drop further. These people are shooting themselves in the foot. History shows that the dollar goes both directions, up and down. It will not necessarily improve in a month. If they wait even longer, say 3-4 months, they will miss the whole winter season. What use is buying a vacation home in Phoenix in the summer. You will have to wait until winter 2010 to use it to escape the snow.

If you are concerned about currency fluctuations you should exchange your money with a professional currency exchange firm prior to finding a home. That way you lock in the best exchange rate possible. Email me for details of the company we use in Edmonton, Alberta.

Carmen Brodeur BA, LLB
Arizona Realtor / Former Alberta Lawyer
1-800-300-0263
Carmen@ThePhoenixExperts.com