Use Your Equity to Help You Retire

 

IS IT TIME FOR A NEW HOME?

Retirement is a milestone filled with opportunities, including the chance to find your perfect home for this exciting chapter. But how do you know if it’s the right time to make a move?

HOW LONG HAVE YOU BEEN IN YOUR HOME?

In the past, homeowners changed residences every six years on average. Today, that number has grown to over nine years. If you’ve been in your home for a while, life changes may mean your needs have evolved.

CONSIDER THE EQUITY YOU’VE GAINED

The longer you’ve owned your home, the more equity you may have built. On average, homeowners who’ve been in their homes for five years have seen a nearly 60% increase in value! For those with 30 years of ownership, the value nearly triples.

RETIRING WITH HOME EQUITY

Thinking about downsizing, relocating, or living closer to loved ones? Your equity can make it happen. Partner with aus and we can help you sell your current home and find your dream retirement residence.

 

Encanterra, Queen Creek Az Home for Sale – 1302 E Corsia Ln

1302 E Corsia Lane, Queen Creek, Az 85140
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– 3 Bed⁠
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– 3.5 Bath⁠
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– 2,731 Sq. Ft.⁠
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– $999,000⁠
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Looking for that one-of-a-kind homesite at Encanterra? This popular Alora plan is situated on a private homesite and has finishes that you would only see in magazines! Custom tile wood-plank flooring creates the feel of luxury. The gourmet kitchen offers a spacious island that is perfect for entertaining guests. Custom tile work & backsplash can be found in all areas of this stunning home. Step out back past the huge rolling wall of glass and enjoy the private backyard with travertine pavers, turf grass, BBQ grill, and a custom pool and spa. This home is a must see today and offers endless upgrades. Start enjoying the lifestyle that Encanterra offers you. World-class amenities at your fingertips!⁠
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Reach out to our team to book your showing today!
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Interested in viewing this beautiful family home? Connect with us today to schedule a private showing: Shea Preferred Realty Group OR you may go directly to the MLS to view all the details and photos for the home here: 1302 E Corsia Lane, Queen Creek, Az 85140

Our Encanterra Listing Process Stands Out!

Click to Watch our Instagram Reels!

 

Ever wondered what sets our listing process apart from the rest?

TJ shares the inside scoop! From top to bottom, we leave no stone unturned to get your home ready for listing.

We’re all about the fine details, ensuring every “i” is dotted and every “t” is crossed before your listing goes live. 

When it comes to making your listing stand out, we’ve got it down to a science! 

#queencreekrealtor #qcrealtor #azrealtor #queencreekrealestate 

#eastvalleyrealestate #eastvalleyrealtor #queencreekrealestateagent #eastvalleyrealestateagent

Discover Exciting New Businesses Opening Soon in Queen Creek, AZ

Queen Creek, Arizona, is abuzz with anticipation as it prepares to welcome some exciting new additions to its business landscape. Whether you’re a beauty enthusiast, a health-conscious individual, or someone who simply loves mouthwatering BBQ, there’s something for everyone. Let’s take a closer look at the grand opening dates of these fantastic new establishments.

 

1. Sephora Queen Creek Marketplace

Grand Opening Date: October 6, 2023

Address: 21182 S Ellsworth Loop Rd 102, Queen Creek, AZ 85142

Link: Sephora

Sephora, the globally renowned prestige beauty retailer, is set to open its doors in Queen Creek on October 6th. Founded in 1970 in France, Sephora is known for its unique open-sell environment and an ever-expanding range of carefully curated beauty products. As part of the LVMH Moët Hennessy Louis Vuitton family, Sephora offers a vast array of brands, including emerging favorites, trusted classics, and their own Sephora Collection.

Notably, Sephora’s Queen Creek location will feature innovative brands such as Rare Beauty by Selena Gomez and FENTY BEAUTY by Rihanna, making it a must-visit destination for beauty enthusiasts in the area. Whether you’re looking to explore new beauty products or find your trusted favorites, Sephora has something for everyone.

 

 

2. Nekter Juice Bar

Grand Opening Date: October 26, 2023

Address: Intersection of Gantzel & Combs Rd, Queen Creek, AZ 85140, United States

Link: Nekter Juice Bar

Health-conscious residents of Queen Creek will have a reason to rejoice with the arrival of Nekter Juice Bar on October 26th. Nekter is a beloved juice-bar chain offering a delectable menu of specialty drinks, cleanses, and health-conscious snacks.

At Nekter Juice Bar, you can savor fresh juices, Superfood smoothies, acai bowls, and wholesome snacks, all freshly made and fully customizable to cater to various dietary preferences, including vegan, vegetarian, gluten-free, and low-sugar options. With a strong commitment to ingredient transparency and affordability, Nekter Juice Bar aims to prove that healthy can be both delicious and accessible.

 

 

3. Caldwell County BBQ 

Grand Opening Date: November 17, 2023

Address: Pecan Lake, 25000 N. 206th St., Queen Creek, AZ 85142

Link: Caldwell County BBQ

Prepare your taste buds for a mouthwatering adventure as Caldwell County BBQ brings Texas-style barbecue classics to Queen Creek. Nestled in a barn-like building next to the Queen Creek Botanical Gardens, this barbecue joint promises an authentic and memorable dining experience.

Caldwell County BBQ serves up wood-smoked, Texas-style BBQ delights, including brisket, turkey, and St. Louis-style ribs, all topped with a housemade sauce of your choice. These flavorful dishes are complemented by sides like corn casserole and lemon poppyseed coleslaw, creating a feast for the senses. If you’re a BBQ aficionado or simply looking to savor some delectable comfort food, be sure to visit Caldwell County BBQ in Queen Creek.

 

Mark these grand opening dates on your calendar, and be among the first to experience the excitement of these new establishments in Queen Creek! Keep posted with our biweekly E-newsletter for grand opening updates!

Exciting News for Encanterra Business Owners: The First-Ever Trade Show!

Are you a business owner residing in the beautiful community of Encanterra? If so, we have some thrilling news that could be a game-changer for your business. Imagine an event that brings together not just a handful, but potentially hundreds of eager attendees who are keen to learn about your business. Sounds fantastic, right? Well, mark your calendars because that’s precisely what’s happening on November 1st!

Click Our Video to Learn More!

The First-Ever Encanterra Trade Show: A Unique Opportunity

On November 1st, from 3 to 5 p.m., our dedicated real estate team will be hosting and sponsoring the inaugural Encanterra trade show, exclusively tailored for business owners within the community. This event promises to be a remarkable opportunity for you to showcase your business to a large and engaged audience.

Why Should You Attend?

For Encanterra business owners, this trade show is a golden opportunity to get your business in front of hundreds of community members who are eager to discover what you have to offer. Whether you run a small boutique, a service-based business, or anything in between, this event is your chance to shine.

Reserve Your Spot Now

With the potential for a significant turnout, it’s crucial to secure your spot early. Space is limited, and to attend, you must be a current Encanterra homeowner. This event is not only an excellent networking opportunity but also a chance to support and collaborate with fellow business owners within the community.

Connect with Us

To reserve your spot at this exciting event, please reach out to our team directly at @SheaPreferredRealty. We’re here to assist you every step of the way and ensure that you have the opportunity to make a lasting impression on your fellow Encanterra residents. 

At Encanterra, we cherish the sense of community, and this trade show is yet another way to bring us all together. Whether you’re a long-standing business owner in the community or just starting out, this event could be the catalyst your business needs to thrive. Join us on November 1st, and let’s make this inaugural Encanterra trade show a resounding success! We look forward to seeing you there.

Encanterra Home for Sale – Your Dream Home Awaits in the 55+ Encanterra Community, Queen Creek, AZ

We’re thrilled to present a new listing that defines luxury living in the 55+ section of Encanterra, Queen Creek. Welcome to 827 E Sugar Apple Way, where elegance, comfort, and entertainment come together to create your dream home. This exquisite Tarragona plan is situated on a premium homesite, offering a lifestyle that’s beyond compare. Let’s take a closer look at what this exceptional property has to offer.

 

A Culinary Haven: The gourmet kitchen is a chef’s dream, featuring stainless steel appliances, a gas cooktop, and a wine fridge. But the real showstopper is the double kitchen island. It’s not just a functional space; it’s a stage for culinary creativity and entertaining. Imagine preparing meals or even dancing around this stunning centerpiece.

Outdoor Paradise: Step outside to your private backyard oasis. It’s a space designed for enjoyment and relaxation. Highlights include a built-in BBQ for outdoor dining, expanded pavers for leisurely strolls, a custom gas fireplace for cozy evenings, and an immaculate putting green for golf enthusiasts. Whether you’re hosting a gathering or seeking solitude, this outdoor haven is a game-changer.

Garage Enthusiast’s Delight: Need extra space? The 3-car garage is a haven for your vehicles and storage needs. It features an epoxy finish and built-in cabinets, keeping your belongings organized and secure.

Luxury Bathrooms: Both bathrooms have been lavishly upgraded with tile surrounds and exquisite fixtures, elevating your daily routine to a spa-like experience.

Golf Enthusiast’s Dream: Interested in becoming a golf member? This home offers a unique opportunity to skip the waiting list and start enjoying the golf course immediately.

 

Interested in viewing this beautiful family home? Connect with us today to schedule a private showing: Shea Preferred Realty Group OR you may go directly to the MLS to view all the details and photos for the home here: 827 E Sugar Apple Way, Queen Creek, Az 85140

Your Home Equity Can Offset Affordability Challenges

 

Are you thinking about selling your house? If so, today’s mortgage rates may be making you wonder if that’s the right decision. Some homeowners are reluctant to sell and take on a higher mortgage rate on their next home. If you’re worried about this too, know that even though rates are high right now, so is home equity. Here’s what you need to know.

 

Bankrate explains exactly what equity is and how it grows:

“Home equity is the portion of your home that you’ve paid off and own outright. It’s the difference between what the home is worth and how much is still owed on your mortgage. As your home’s value increases over the long term and you pay down the principal on the mortgage, your equity stake grows.”

In other words, equity is how much your home is worth now, minus what you still owe on your home loan.

 

How Much Equity Do Homeowners Have Now?

Recently, your equity has been growing faster than you might think. To help contextualize just how much the average homeowner has, CoreLogic says:

“. . . the average U.S. homeowner now has about $290,000 in equity.”

That’s because, over the past few years, home prices went up significantly – and those rising prices helped your equity to accumulate faster than usual. While the market has started to normalize, there are still more people wanting to buy homes than there are homes available for sale. This high demand is causing home prices to go up again.

According to the Federal Housing Finance Agency (FHFA), the Census, and ATTOM, a property data provider, nearly two-thirds (68.7%) of homeowners have either fully paid off their mortgages or have at least 50% equity (see chart below):

That means nearly 70% of homeowners have a tremendous amount of equity right now.

 

 

How Equity Helps with Your Affordability Concerns

With today’s affordability challenges, your equity can make a big difference when you decide to move. After you sell your house, you can use the equity you’ve built up in your home to help you buy your next one. Here’s how:

  • Be an all-cash buyer: If you’ve been living in your current home for a long time, you might have enough equity to buy a new house without having to take out a loan. If that’s the case, you won’t need to borrow any money or worry about mortgage rates. The National Association of Realtors (NAR) states:

“These all-cash home buyers are happily avoiding the higher mortgage interest rates . . .”

  • Make a larger down payment: Your equity could be used toward your next down payment. It might even be enough to let you put a larger amount down, so you won’t have to borrow as much money so today’s rates become less of a sticking point. Experian explains:

“Increasing your down payment lowers your principal loan amount and, consequently, your loan-to-value ratio, which could lead to a lower interest rate offer from your lender.”

 

Bottom Line

If you’re thinking about moving, the equity you’ve built up can make a big difference, especially today. To find out how much equity you’ve got in your current house and how you can use it for your next home, let’s connect. @SHEA PREFERRED REALTY

Advantages of Selling Your Home in the Fall

 

Thinking about selling your home this fall? 

Here are some advantages to making that move:

1. Less Competition: With fewer homes on the market, yours truly stands out.

2. Serious Buyers: Fall attracts motivated buyers eager to settle in before the holidays and chilly weather.

3. Year-End Tax Benefits: Maximize tax advantages by selling before the year’s end – a win-win!

4. Relocations: Companies often relocate employees before year-end, bringing a fresh pool of potential buyers your way.

5. Cozy Vibes: Imagine showcasing your home amidst changing leaves (some here in AZ), crisp temperatures, and pumpkin spice everything – it’s the perfect time to highlight its charm.

 

Ready to discuss listing your home for a successful sale?

Send us a message, and we’ll be in touch! @SHEA PREFERRED REALTY

October 2023: Unleash the Excitement with My Trilogy Life Events in Encanterra!

 

As October dawns upon us, the air is filled with the promise of exciting events and unforgettable moments. Get ready to kick off your October with a bang, courtesy of My Trilogy Life events in Encanterra. From tantalizing cocktail mixology to electrifying tribute concerts and craft beer adventures, we’ve lined up a fantastic array of activities to make your October truly remarkable. Let’s dive into the details of these unmissable events!

 

1) Bourbon Cocktail Mixology Demonstration

Mix, shake, stir! Join #MyTrilogyLife for an exclusive Mixology Demo led by Kelli, your favorite neighborhood bartender, and Brittany, our Lifestyle Manager. Learn the art of crafting the perfect fall cocktails while Kelli shares insider tips, and Brittany adds her unique commentary.

You’ll have the chance to savor 3 refreshing cocktails, expertly paired with delicious snacks:

  • Bourbon Cranberry Cobbler with orange biscuit, sliced citrus ham, pimento cheese.
  • Cherry Maple Bourbon Sour with hickory smoked ribs, cherry pickle, slaw.
  • Chocolate Bourbon Russian with bacon & oat shortbread sandwich cookies with chocolate cream filling.

Recipe cards will be provided, ensuring you can recreate these delightful drinks at home. Tickets are $30 plus tax and gratuity, covering your tastings and a recipe book.

 

2) Evolution: A Tina Turner Tribute Concert

Get ready to groove at the Tina Turner Tribute Concert! Experience the electrifying music of Tina Turner as Missy Smith embodies the essence of this iconic star. From the look to the moves and vocal similarities, it’s a performance that will leave you awe-struck.

Upgrade your experience with the Burger Buffett for just $12, featuring a delectable burger with all the fixings, potato salad, and house-made chips.

 

3) Chocolate Demo | Halloween Dipped Treats

  • Date and Time: Tuesday, October 17th, 12:00 PM – 1:00 PM
  • Location: La Cocina
  • Link to Event: Halloween Chocolate Demo

Calling all chocolate lovers! Join us for a Chocolate Demo on October 17th and witness the creation of delicious Halloween Dipped Treats. Watch, learn, and taste the final product! Tickets are $10 plus tax and include the demo, recipe card, and samples.

 

 

 

4) Board & Brush Halloween Paint Night

Embrace the spooky season with a Board & Brush Party! No experience is needed as you create your personalized wood sign, guided by experts. Choose your project for $75 and let your creativity flow with fall and Halloween-inspired colors, brushes, and stencils.

 

 

 

 

5) Trilogy Craft Beer Week | Brewery Trip

  • Date and Time: Thursday, October 19th, 11:15 AM – 5:30 PM
  • Location: San Tan Brewery & The Shop Beer Co.
  • Link to Event: Trilogy Brewery Trip

Hop on board for a craft beer adventure during Trilogy Craft Beer Week! We’re exploring Arizona’s finest breweries, starting with San Tan Brewery and ending at The Shop Beer Co. Enjoy tours, tastings, and great company. Tickets are $70 and include transportation, water, and all the brewery experiences.

 

 

 

 

6) Diana Ross Tribute Concert

Join us for a sensational Diana Ross Tribute Concert featuring Alyssa Harris. Celebrate the timeless hits of Diana Ross, and upgrade your evening with a mouthwatering BBQ buffet for just $50.

 

Get ready to make unforgettable memories this October with My Trilogy Events in Encanterra. These events are not to be missed, so mark your calendars and join us for an incredible month of entertainment and fun!

Note: Tickets for these events are non-refundable. Once registered, your Member Account will be charged accordingly.

#MyTrilogyLife

Should Baby Boomers Buy or Rent After Selling Their Houses?

 

Are you a baby boomer who’s lived in your current house for a long time and you’re ready for a change? If you’re thinking about selling your house, you have a lot to consider. Will you move to a different state or stay nearby? Is it time to downsize or do you want more space to accommodate your loved ones? But maybe the biggest consideration boils down to this – will you buy your next home or choose to rent instead?

 

That decision ultimately depends on your current situation and your future plans. Here are two important factors to help you decide what’s right for you.

Expect Rents to Keep Going Up

The graph below uses data from the Census to show how rents have been climbing steadily since 1988:

Rents have been going up consistently over the long run. If you choose to rent, there’s a risk your rental payment will go up each time you renew your lease. Having a higher rental expense may not be something you want to deal with every year.

When you buy a home with a fixed-rate mortgage, it helps stabilize your monthly housing payment. This allows you to lock in your monthly payment for the duration of your home loan. That keeps your payments steady and predictable for the long haul. Freddie Mac sums it up like this:

“. . . homeowners with fixed-rate loans will see little to no change to their monthly housing cost over the life of their loan. You can be confident in knowing that your mortgage payments won’t change much in the long term, even when life’s other costs do.”

Owning Your Home Comes with Unique Benefits

According to AARP, buying your next home is a better long-term strategy than renting:

“Though each option has pros and cons, buying provides more pros, with a broader range of benefits.”

To help you choose what you’ll do after you sell, here are just a few of the benefits of homeownership that article covers:

  • Owning your home can help you save money for the future. Your home, and the equity you build as a homeowner, can provide generational wealth that could be passed on to loved ones, giving them a better life.
  • You might not have to pay a monthly mortgage payment at all. If you have enough equity to buy your next home outright, you wouldn’t have a monthly mortgage payment. While you might still need to cover property taxes or maintenance fees, not having to worry about a monthly mortgage payment could be a big relief.
  • Aging in place can be simpler. If your needs change, owning your home gives you the freedom to make renovations and updates that can make everyday life easier.

Bottom Line

If you’re a baby boomer who’s wondering whether you should buy or rent your next home, let’s connect! With rents going up and homeownership providing so many benefits, it may make sense to consider buying your next home. Contact us anytime @ SHEA PREFERRED REALTY

 

Ben Leeson and TJ Kelley

Arizona Experience Realty Group Resale Broker for the SHEA Preferred Program

480-677-8170

Info@ENCBrokers.com

 

36460 N Encanterra Drive Queen Creek, AZ 85140