From the category archives:

In The News

Inuksuk – one thing Phoenix and Vancouver have in common.

by Chris Butterworth on February 12, 2010

in In The News

Opening Ceremonies are tonight at the 2010 Winter Olympics in Vancouver, and I’m looking forward to it.  I love the Olympics, and I love getting totally into sports I haven’t seen, read, or heard about in the last 4 years!

Have you seen the logo for this year’s Olympics?

Vancouver Inuksuk

Did you know we have one of those here in Phoenix, standing in front of the Heard Museum on Central Ave a couple blocks south of Thomas Rd?

Inuksuk in Phoenix, Arizona

And from the plaque at the Inuksuk’s base:

William Noah, b. 1943

Inuit from Baker Lake, Nunavut

Inuksuk, 2000

Laminate sandstone

An Inuksuk is a marker that is built in the Arctic by the Inuit people.  The Inuit were the first people to inhabit portions of Alaska, Arctic Canada, and Greenland.  The Inuksuk has a roughly human shape.  The term Inuksuk means “to act in the capacity of a human” and is an extension of “Inuk,” meaning “a human being.”  In a part of the Arctic that has few, if any, distinguishing features, an Inuksuk can be an important orienting place marker for a hunter or traveler.  William Noah constructed this marker at the Heard Museum with the blessing of a representative of the O’odham, the native inhabitants of the land on which this Inuksuk sits.

Heard Museum Purchase with funds provided by Dr. and Mrs. E. Daniel Albrecht

Your sharing a little trivia Realtor,

Chris Butterworth


chris

Chris Butterworth is a Realtor. He's also a husband, father, writer, amateur photographer, and self-proclaimed tech junkie. And he's an all-around good guy!

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The news media are all shouting this morning, mindlessly spewing more bad news . . .

December Existing Home Sales dropped 16.7%!

Well, yes existing home sales did fall in December. Home sales typically drop in December. December is usually kind of cold and snowy and icy, ya know? Then there’s that whole pesky holiday season which retailers seem to have stretched out from October 1 through February 28. And also there was that federal first time home buyer’s tax credit for $8,000 that was set to expire. We now know it was extended, but that announcement didn’t come in time to help December’s sales numbers.

Here’s what they’re not telling you when they scream “Home sales down; economy back on  brink!”

  • Existing Home Sales are UP 15% over a year ago.
  • The media price of an existing home (nationwide) is $178,300, UP 1.50% over a year ago.
  • Housing inventories are down to 3.29 million, their lowest reading since March 2006.
  • (this language courtesy of two of our favorite Loan Officers, Mike & Betty Moshofsky of PrimeLending)

Everything is not coming up roses, but neither is the sky falling.

Take your morning news with a grain of salt as well as a cup of coffee. Realize there’s another side to the story your media outlet presents.


heather

Heather Barr is a Realtor. She's a chow hound, a gym rat, and the only political junkie in the USA who can actually keep her political views to herself. Instead, she focuses on educating her clients about the often-confusing world of residential real estate.

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Local Safeway Closing

by Chris Butterworth January 25, 2010 In The News

I’m not sure whether to file this under “a sign of the times” of “serves them right.”

The Safeway around the corner from my house has an ideal location; it’s in the center of a residential neighborhood of approx. 5,500 homes.  It has only one other competitor (Frys) nearby, another competitor (Albertsons) on the other [...]

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Home Buyer Tax Credit, Explained

by Heather January 13, 2010 Buyer Help

(image by stock.xchng user woodsy, image ID 1066491)
This is a link to the best darn explanation of the federal home buyer credit I’ve seen to date. Includes both the $8,000 first time buyer credit and the $6,500 “move up” home buyer credit. Do you qualify? Start shopping here.
Technorati Tags: Phoenix Arizona real estate

Heather Barr [...]

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Home Buyer Tax Credit Law Passed

by Heather November 8, 2009 Buyer Help

President Obama signed the Home Buyer tax credit legislation, per the reporting of the United Press International. It’s called the Worker, Homeownership, and Business Assistance Act of 2009. The San Francisco Chronicle has an excellent bullet-point breakdown of the fine print of the new law. This is a partial summary…

Up to $,8000 federal tax credit [...]

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Home Buyer Tax Credit Extension Is a “Go”, Here’s Why

by Heather November 5, 2009 Buyer Help

Late yesterday the Senate passed a bill that included an extension of the Home Buyer Tax Credit. This morning, the House passed the same bill. For details of what the bill includes/excludes and ideas on whether you qualify, see our broker Jay Thompson’s PhoenixRealEstateGuy blog.
Now goes to President Obama for his signature, some expect that [...]

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Totally Off Topic, Sesame Street Turns 40

by Heather November 5, 2009 In The News

Totally off topic, but I bet you this will strike a chord for at least 80% of our readership. Maybe 100%.
November 10 is Sesame Street’s 40th birthday. Go to Google’s home page and you’ll see that Cookie Monster’s eyes are today’s OOs in Google. (edited to add, if you’re reading this on a day other [...]

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Senate Approves Home Buyer Tax Credit Extension

by Heather November 4, 2009 Buyer Help

The New York Times is just now reporting that the US Senate has just voted to extend the Home Buyer Tax Credit.
There’s not much meat in the report, which was filed at 5:54pm Arizona time. It makes me wish (yet! again!) that Big Media reporters were required to state the name of the bill or [...]

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Update: Home Buyer Tax Credit

by Heather November 4, 2009 Buyer Help

It looks like the fat cats in Washington, D.C. will pull it together and extend the home buyer tax credit. But it’s really anybody’s guess. Here’s a Facebook message I sent just a few minutes ago to a friend who asked.
Q: Will the tax credit be extended?
A:  My gut says probably. Handing out money during [...]

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ZipRealty Says “Phoenix is Hot”

by Heather October 30, 2009 In The News

ZipRealty released it’s Third Quarter Home Hunter Report a few days ago and according to them… wait for it… Phoenix is hot.
Duh.
We’ve been working 60 to 80 hour weeks (each) since about June. So this isn’t news to us. But sometimes folks don’t believe it till they see it in print with a big corporate [...]

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The End is Near for the $8,000 tax credit

by Chris Butterworth October 22, 2009 First Time Buyers

Most lenders are taking upwards of 40 days to close an FHA loan, which most first-time buyers are using.  Today we’re 39 days away from November 30th – the date by which a first-time buyer must CLOSE on his/her new home in order to receive their tax credit.  Adding in a couple extra days for [...]

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Housing Market Index Up 1 Point

by Heather August 24, 2009 In The News

In a sign of just how bad things have been in the housing market lately, it’s deemed good news when the housing market index (HMI) goes up 1 point.
(click to embiggen; back to return)
(chart from the National Association of Home Builders/Wells Fargo monthly housing market index)
See the original NPR story here and the original [...]

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