Blog - Greater Phoenix Arizona Real Estate - Shea Preferred Realty Group

Moving Out of State Process

Planning a move out of state can be a daunting task, but there’s no need to panic. If you’re leaving Arizona, our team is here to provide you with a seamless and stress-free relocation experience.

At Shea Preferred Realty, we understand the challenges of moving to a new state. That’s why we have established strong connections with top-performing realtors nationwide. These trusted professionals have in-depth knowledge of their local markets and can assist you in finding your dream home in your new location.

Whether you’ve worked with us in the past or are new to our services, we are committed to providing exceptional support throughout your move. By leveraging our vast network of realtors, we can match you with an experienced agent who will guide you every step of the way.

Don’t let the thought of moving out of state cause unnecessary panic. At Shea Preferred Realty, our connections with top producing realtors nationwide guarantee that you’ll have expert assistance throughout your major move. Reach out to our team today, whether you’re a past client or new to our services, and let us put your moving stress at ease. Relax and enjoy the excitement of your new beginning while we take care of the details. Your seamless relocation starts here!

Queen Creek Lowered Tax Rates: Saving Money for Residents & Businesses

In a move that will benefit both residents and businesses, the Queen Creek Town Council recently approved a significant reduction in the primary property tax rate. With the passing of ordinance 813-23, existing residents will see a decrease in their property tax rate from $1.83 to $1.72 per $100 of assessed value. This decision stems from Resolution 1500-22, which was approved last year and aims to freeze the amount of taxes paid by property owners in Queen Creek by gradually lowering the property tax rate as property values increase.

This reduction allows the Council to pass on savings to residents without compromising investments in public safety. The positive impact of this decision is twofold – it showcases Queen Creek’s desirability as a place to live while providing financial relief for property owners.

Residents can expect to pay approximately the same amount in property taxes for the fiscal year 2023/24 as they did last year. This amounts to around $441 annually for a median value home. However, the lowered tax rate translates to savings of $58 for the median home, with a projected cumulative savings of $553 over the next five years. It’s important to note that the Town’s property tax revenues will increase solely through taxes from new construction of homes and businesses. The tax rate remained at $1.95 until 2020 when the Town Council took the step to reduce it to $1.83 per $100 of assessed value.

Visit the official website: QueenCreekAZ.gov

For additional info, here’s the town’s budget allocation:

Source: Town of Queen Creek Arizona

Father’s Day 2023 Events You Shouldn’t Miss!

Father’s Day is just around the corner, and it’s time to start planning a special day for the superhero in your life! From mouthwatering buffets to hilarious comedy shows and friendly father-son competitions, there’s something for every dad’s taste.

1. MTL Father’s Day at Palma Kitchen: Indulge in a Scrumptious Buffet Feast!

Give your dad the ultimate treat at Palma Kitchen + Tap’s Father’s Day buffet this June 18, from 4:00 PM to 8:00 PM. Please note that this event is exclusively available to members. Join My Trilogy Life #MTL for a culinary extravaganza that will tantalize your taste buds and leave you wanting more. Chef Bryan and his talented team have curated a menu that will make everyone smile. From savory delights to delectable desserts, every dish is crafted with perfection. Prices for the buffet are as follows: Adults: $32, Children aged 5-12: $15, Children aged 4 and under: Complimentary (excluding tax and gratuity).

Reservations Here: Father’s Day at Palma Kitchen

Location: Palma Kitchen, Queen Creek, Az

Website: https://members.mytrilogylife.com/events/1391972

2. Father’s Day Comedy Show at Ginger Monkey: Laugh Out Loud with Dad!

Looking for a hilarious and laughter-filled Father’s Day experience? Head to Ginger Monkey for a special stand-up comedy show that will have you in stitches. Enjoy an evening of jokes and stories as dads take the stage to poke fun at the joys and challenges of fatherhood. This event, held in the cozy cocktail lounge, guarantees an entertaining night out. Guests must be 18 years or older to attend. Dinner and cocktail hour begin at 6 PM, with the show starting promptly at 7 PM.

Tickets Here: Father’s Day Comedy Show at Ginger Monkey

Location: 135 W Ocotillo Rd., Chandler, Az

Website: https://www.gingermonkeyaz.com/

3. Father’s Day Showdown: A Friendly Competition for Father-Son Duos

For a unique bonding experience, register for the First Annual Father’s Day Showdown at McQueen Park Field #8, hosted by Chophouse Ball Club. This friendly competition is open exclusively to father-son duos, with sons aged 14 and above. Join in the baseball fun and create lasting memories as fathers and sons face off on opposing teams. Check-in and warm-ups start at 5 PM, with the first pitch thrown at 5:30 PM. Limited spots are available, so make sure to register early.

Tickets Here: Father’s Day Showdown

Location: McQueen Park Field #8, Gilbert, Az

Website: https://leagues.teamlinkt.com/chophouseballclub/FAQ

This Father’s Day, go beyond traditional gifts and make it a day to remember with these extraordinary events in Arizona. No matter which event you choose, your dad is sure to feel loved and appreciated on his special day.

Happy Father’s Day to all dads out there! /Shea Preferred Realty Goup

How to Increase Home’s Value – Staging

Contrary to what you’ve heard, staging isn’t just for luxury homes!

It can benefit any type of property and entice the right buyers. Not only does it make your listing photos more appealing, but it also allows buyers to easily picture themselves living in your home. But here’s the real kicker, staging can increase your home’s value by 1-5%, according to a March 2023 report from the NAR. And the best part? You don’t need to spend a fortune on professional staging to see results.

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Here are Home Staging Tips for you to increase your home’s sale!

Create Focal Points. Identify the key feature in each room. Is it a fireplace? A large window with a great view? Once identified, arrange your furniture and decor to highlight these features. For example, if it’s a fireplace, position the chairs and couch to face it. If you don’t have a clear focal point, create one. This could be as simple as a large piece of art or a statement piece of furniture.
Depersonalize. Start by walking through each room in your home and removing all personal items, such as family photos, unique artwork, and any other items that clearly identify the space as yours. Replace these with neutral artwork or simple decor pieces that can be found at local thrift stores or budget-friendly home goods shops.
Enhance Curb Appeal. Dedicate a weekend to boost your home’s exterior attractiveness. Rent a power washer to clean your driveway and sidewalks. Invest in some colorful, low-maintenance plants to place around your front entryway. If you have a porch, consider adding a couple of chairs and a small table to create an inviting outdoor seating area.

The next time you’re ready to sell, don’t overlook the power of staging to increase your top dollar!

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For Real Estate needs, contact us: Shea Preferred Realty Group

Source: Home Staging: How Much Does It Cost? Is It Worth It? | Bankrate

My Trilogy Life: Bourbon Tasting Week!

Trilogy Bourbon Week is back, and this time we’re taking you on an exciting journey through the world of whiskey. Mark your calendars for June 12th, and get ready to indulge in an extraordinary Whiskeys of the World Tasting event at the Mallorca Events Center Room A.

Source: #MyTrilogyLife

From 5:00 PM to 7:00 PM, immerse yourself in the captivating flavors and aromas of renowned whiskeys hailing from various countries. As you move from room to room, our knowledgeable whiskey connoisseurs will be your guides, sharing insights and expertise on the distinct characteristics of each whiskey.

To enhance your tasting experience, we’ve prepared delicious bite-sized snacks that complement the flavors of the whiskeys. The combination of exceptional spirits and carefully selected food pairings will tantalize your palate and take your appreciation for whiskey to new heights.

Whiskey enthusiasts can look forward to sampling an impressive selection of whiskeys, including:

Bruichladdich Port Charlotte #10
Limavady Single Malt Irish Whiskey
Templeton Rye 10 year
and More!

Tickets for this extraordinary event are available at $35 plus tax. Secure your spot by registering today. This event is open to both members and their guests, ensuring an inclusive and welcoming atmosphere for all whiskey enthusiasts.

Don’t miss out on this unique opportunity to explore the diverse world of whiskeys and expand your knowledge under the guidance of our experts. Join us at the Mallorca Events Center Room A on June 12th from 5:00 PM to 7:00 PM and embark on a whiskey tasting experience like no other.

Register today and be part of an unforgettable Whiskeys of the World Tasting during Trilogy Bourbon Week. Cheers to a night filled with exceptional flavors and shared passion for whiskey!

Visit #MyTrilogyLife for more details.

Homeowners Association: Don’t Forget About Your HOA!

Are you a homeowner in the beautiful Encanterra community looking to sell your property? Planning to make some modifications to your yard or add new amenities to enhance its appeal? Before you dive into any changes, it’s crucial to understand the significance of obtaining Homeowners Association (HOA) approval for your project. Not only will this ensure compliance with community guidelines, but it will also pave the way for a smooth selling process.

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Here’s why obtaining HOA approval is essential:

Compliance with Community Standards: HOAs are responsible for upholding a set of rules and regulations designed to maintain the community’s overall aesthetic appeal and functionality. By seeking approval, you demonstrate your commitment to adhering to these standards, which adds value to your property.
Avoid Costly Mistakes: Failing to obtain HOA approval can result in fines, penalties, or even having to undo the modifications you made. These consequences can cause delays in your selling process, lead to additional expenses, and potentially deter potential buyers who prioritize HOA compliance.
Smooth Selling Process: Having HOA approval in hand instills confidence in potential buyers, as it shows that you’ve followed proper procedures and maintained a harmonious relationship with the community. Buyers will feel assured that they won’t face unexpected obstacles after purchasing the property, which can expedite the selling process.

In the Encanterra community, particularly, it’s essential to emphasize the significance of obtaining HOA approval. The community prides itself on its stunning landscapes, cohesive architectural designs, and overall ambiance. By adhering to HOA guidelines, you contribute to the preservation of this unique atmosphere and ensure the long-term desirability of the community.

For more tips, message us.

Shea Preferred Realty Group

Home Resale Agent’s Office in Encanterra

Selling new homes is a totally different ballgame than selling “resale” homes.

But with the expertise of having Ben as TJ’s Real Estate partner and mentor for nearly 10 years, Shea Preferred Realty Group has been the top-selling producing team in the community year over year! There are options out there when it comes to time to list your home, but we feel that we’re one of the best options.

Come visit us at the Resale Office in Encanterra!

For any Encanterra or Arizona Real Estate queries and needs, we are ready to offer you our expertise when it comes to buying or selling your home!

REAL ESTATE MARKET REPORT – MAY 2023

The Real Estate market in Encanterra has experienced some notable changes recently, offering both homeowners and prospective buyers new opportunities. Let’s delve into the latest data and trends, providing valuable insights for those looking to buy or sell in Encanterra or broader Arizona.

Increased Active Listings and a Decrease in New Listings: According to the Arizona MLS, the number of active listings in Encanterra has seen a significant increase, rising from 22 in May 2022 to 40 in May 2023. This uptick may indicate a growing interest among homeowners to sell their properties. However, it’s worth noting that new listings have decreased from 20 in May 2022 to 13 in May 2023. Despite this decline, the market remains active, with 12 pending listings indicating ongoing interest from buyers.

Steady Sales and Adjusted Sale-to-List Price Ratio: Interestingly, the number of sold listings has remained steady at 13. This stability suggests a consistent level of buyer activity in the market. However, it’s important to consider the sale-to-list price ratio, which has decreased from 100.8% in May 2022 to 95.3% in May 2023. This suggests that buyers may have slightly more bargaining power than in the previous year, as sellers may be more willing to negotiate on their asking price.

Navigating the Market as a Seller or Buyer: With the increase in active listings, setting a competitive price becomes even more important to attract potential buyers. If you’re a homeowner in Encanterra contemplating selling your property, it’s crucial to partner with an experienced Encanterra Specialist. Our expertise can help you navigate the evolving market conditions and determine an appropriate asking price.

On the other hand, prospective buyers may find increased options to choose from due to the higher number of active listings. However, the decreased sale-to-list price ratio suggests that buyers should still approach the negotiation process with care and make reasonable offers. Patience and working with a knowledgeable Real Estate Agent can help buyers secure a favorable deal.

See below for the detailed market update.

If you have any questions or concerns about the Real Estate market in Encanterra or the broader Arizona Real Estate Market, don’t hesitate to reach out to Shea Preferred Realty Group. Our experienced team can provide guidance tailored to your specific needs and help you navigate the ever-changing real estate landscape.

Home Preparations for Monsoon Season

Is your home prepared for monsoon season?

Here are three key steps homeowners will want to know!

Keep your drainage systems clear: Regularly inspect and clean gutters, downspouts, and drains to prevent water accumulation and potential damage during heavy rainfall.
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Secure outdoor items: Protect your property by securing or storing outdoor furniture, decorations, and loose items that could become hazards during high winds.
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Assess your landscaping: Trim overhanging branches and consider drought-tolerant plants to minimize the risk of falling debris and soil erosion.
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Taking these precautions will help safeguard your home and property during the intense weather conditions of monsoon season. Stay prepared and stay safe!

2023 Interest Rates – Still Historically LOW!

Interest rates are a hot topic these days, and it seems like they’re constantly on our minds. We were ecstatic not too long ago when rates were as low as 2.5%, but now we find ourselves grumbling about rates in the sixes. It’s important to keep things in perspective, though. Even in the sixes, mortgage rates are historically low. Our parents, for example, remind us of the days when they were paying a whopping 18% in mortgage rates back in 1981.

The good news is that you have options to navigate the current rate environment. One option is to consider buying the rate down. This means paying extra upfront to lower your interest rate. It may require some cash out of pocket, but if you plan to stay in your home for an extended period, it can be a smart move. Another creative approach is to negotiate with the seller to cover the cost of buying the rate down. To explore these options further, it’s crucial to consult with a knowledgeable mortgage professional who can provide guidance tailored to your situation.

If you’re in need of a reliable mortgage broker, I have a network of exceptional lenders who can assist you in getting your pre-approval in order.

Don’t hesitate to reach out for a referral and start your journey towards securing the best possible mortgage terms for your home purchase.

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