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Nick Bastian - Tempe, AZ Real Estate Agent

Homes near Light Rail - Under $90k!

I believe many people like to think of "luxury" lofts, condos and high rise units when they first begin talking about homes near our light rail line. While we do have some really cool luxury homes near light rail, it is also good to point out that there are currently hundreds of much more affordable homes near the line. In fact, just this morning I did a search and found 175 homes priced up to or less than $90,000 available in this "city within cities" that we call the light rail corridor. Yes, $90,000.00!

Here is a partial breakdown of the data:

Active listings priced at or below $90k - 175

Avg, list price $67,291 (low, 25k - high $90k)

Approximate square foot range: 1,012 sq ft. (low 407 high 2,184)

Average list price per approximate square foot: 73.02 (low 26.04 high 161.74)

Cumulative days on market: Average 129 days (low 1 day high 793 days)

If you have any questions about the communities along the light rail line, please feel free to contact Nick Bastian - Realty Executives, Tempe AZ via the web or feel free to call us at 602-803-6425 or toll free at 1-888-343-6425. You can also learn more about these communities and about the Phoenix Light Rail system by visiting www.RailLife.com.

Light Rail Real Estate - A fun niche, time to expand...

Homes near the new light rail line in Tempe, Phoenix and Mesa have had my interest for quite some time now. In fact, well before the grand opening of this 20 mile stretch of "a city within cities," I began to study the many different types of property along route. In looking at the diversity of neighborhoods, one can quickly realize how much sense the "city within cities" analogy makes.

I am really excited to be working with our team at RailLife.com to begin rolling out the real estate sections to bring some of this fun (to me) information to the public. We will also be working with other agents to help create awareness for the areas we find so interesting. (more on that in the near future)

For now, we have a "Real Estate" section on RailLife.com which will continue to evolve and improve in the near future. We will be looking for ways to improve these pages but wanted to get these "basic" sections out as soon as possible. I'm working with some good people to help us improve on how we can best serve this niche. People can also access the section via RailLifeRealEstate.com which will be used on some of our upcoming market reports and different real estate related material. This is designed to make it easier for people to find the information they desire. Within that section, you can choose a "city" button which will show them homes near Mesa Light Rail, homes near Tempe light rail and homes near Phoenix light rail.

Examples of neighborhoods near light rail include:

Affordable neighborhoods at the end of the lines, some homes can now be found in the sub $100k range, a number that was unheard of in the recent past.

Tempe Light Rail real estate, cozy and quaint neighborhoods in Tempe near the ASU campus are a gem in my opinion, Some of these neighborhoods have nice irrigated lots and have a great "style" that just feels like the heart of Tempe. The Mill Avenue District has some amazing "urban" settings which has garnered most of the attention from people thinking light rail and that does make sense as well. These homes range from the amazing lakeside community of Bridgeview to several really great and somewhat surprisingly affordable units on and near Mill Avenue.

Downtown Phoenix is coming alive: It is amazing at what is happening near downtown Phoenix as huge projects like Cityscape, the new Convention Center and overall renewal or interest in a more urban lifestyle slowly becomes a reality for Arizona. Yes, there have been some challenges but I feel the future for the downtown core is very exciting.

Midtown and the Arts Districts:We have some amazing neighborhoods along Central Avenue along the light rail line. From gorgeous historic districts to new high rise developments and yes, even some demand for infill projects. The vibe is changing, the demand for convenient, less car dependent lifestyles "might" just catch on in our sprawling city.

So, I hope you will take a look at the real estate section for Rail Life and that you feel free to offer suggestions as to how we can improve them in the future. I hope to find another agent or two to help with this insanely fun project. There are MANY things we already have planned for the site but I wanted to begin with what we have as I feel it is a time where people are ready to start getting back into the real estate market. In my opinion, homes in these areas make a lot of sense...

If you have any questions about the communities along the light rail line, please feel free to contact Nick Bastian - Realty Executives, Tempe AZ via the web or feel free to call us at 602-803-6425 or toll free at 1-888-343-6425.

Nick Bastian and RailLife.com want you to help us fight Cancer!

Once again, I have sponsored a team for the annual "Climb to Conquer Cancer" that is held at South Climb to Conquer Cancer Phx AZMountain. This year I have teamed up with RailLife.com in order to raise more awareness. I hope you can join us and participate in this very fun event that will be held on Saturday, February 28th. The "climb" is actually a walk up the mountain and is a great way to raise money and awareness for the American Cancer Society. The cost to participate is $40.00 and includes registration, t-shirt, food, drinks and lot's of fun. If you live near Tempe, I will be glad to register you and pick up/deliver your t-shirt so that all you have to do is show up the day of the event and have fun! If I register or donate for you, you don't get on any more mailing lists. :-) Any donation is *very much* appreciated. $1.00 to $100.00 (or more) can be a huge help.

We have an "on-line" registration page this year, the link is here. We wanted to make it quicker and easier for people this year! http://main.acsevents.org/site/TR?px=3840721&fr_id=17963&pg=personal If it doesn't work for you, feel free to call me.

I am sure that all of us have been effected by cancer, either by a friend, family member or co-worker. Together, we can help! If you are not able to participate but would like to make a donation, please let me know and I'll be glad to help with that! Please feel free to contact me for any information. I have registration forms, information packets etc, that I can deliver or email to you. Please note, if making a donation online of $40.00 or more, please "join the team" instead of making a donation so that we can get you a t-shirt. (contact Nick for details) - We appreciate any / all donations at ANY amount! Please feel free to (Re-blog) forward to family / friends etc. Thank you!! Nick Bastian 602-803-6425 Rail Life blog post re: Cancer Climb

Climb to Conquer Cancer

I'm Nick Bastian with Realty Executives in Tempe AZ and I approve this message. :-)

Cultivating crops in 2009

Over the last 16 years in the real estate business, I have really enjoyed meeting new people and keeping in contact with many of the friends I have made. Early on in my real estate career, I learned that "farming" was a term often used by successful agents, denoting an area, sphere of influence, or specific demographic that fits ones needs personally or professionally. In the "old days" farming mainly referred to door knocking, direct mail and making sure your farm heard from you a certain number of times per year.

Nick Bastian Farming for Tempe Real Estate

Today, new farms have cropped up all over the internet. Terms like niche marketing and hyper-local blogging have become quite effective. Over the past couple of years, I have studied many different types of web -based and social networking options to better serve myself and my clients. This has allowed me to grow some great new relationships as well.

While I enjoy keeping in contact with past clients and feel that they are the back-bone of my career, it is fun to cultivate new crops via niche markets. For me, one such niche market has been homes near the light rail line in Phoenix, Tempe and Mesa. I have found this to be fun, interesting and mutually beneficial to myself and to many people. So far, the seeds for this niche have been planted strictly on-line, but the response has been quite positive. In the near future, we plan to further attack these areas using a combination of new technologies and some "old school" cultivation. In fact, I have been actively seeking out real estate and mortgage professionals that will be a good fit in helping with this harvest. It is a new year, rates and prices appear to be bringing people back into the game. This truly is a great time to be in real estate, I just don't care what the media wants to say... Our crops are planted, the growing season is upon us!

Nick Bastian farms Tempe Real Estate

Phoenix Metro Light Rail Arrives - Welcome to Rail Life! (LOCALISM FEATURED)

The Phoenix Metro Light Rail Line arrives on Saturday, December 27th to a host of Grand Opening Celebrations. We have heard projections of up to 200,000 people riding the new trains on opening weekend. Live bands, fun zones, celebrities, community groups and food booths are just a few of the MANY things happening along the entire 20 mile route during the Grand Opening. All rides on the light rail system are free of charge beginning Saturday the 27th at 10 a.m. and continue to be free of charge until January 1, 2009! (see schedule below)

Our new light rail line has been a long time coming. This $1.4 billion project signifies a huge change in an area famous for sprawl. Defining an urban core in the "Valley of the Sun" has yet to fully materialize as development has traditionally spread out, instead of up or in. Walkable neighborhoods here are the exception, not the rule. Light Rail will go a long way in providing an economic engine that will help fuel the development of urban environments throughout the 20 mile line that stretches from Phoenix to Tempe and into Mesa. Prior to the grand opening of the light rail line, experts have attributed approximately $6 Billion in public and private development along the light rail line. (Feel free to contact me for opinions of areas with great potential!)

Some of the most common questions about the Phoenix Light Rail project:

Metro Light Rail Fare Vending Machine

1. How much will it cost to ride the light Rail?

A lot of people wonder how the fare system will work once the light rail trains begin to run in December. Basically, a ride (bus or light rail) is going to cost most people $1.25 and an all day pass is just $2.50. There will be other options available. For instance, you can purchase a 3, 7 or a 31 day pass, the 31 day pass is just $45.00. This is probably a great option for people that live, work, or "play" along the line. One note about those who go to school near the line.. ASU students will be given a free light rail "U-Pass as part of their tuition!

Ticket Vending Machines (tvm"s) will be available for purchasing your light rail pass. The fares are enforced by an "honor system" with random ticket checks aboard trains by employees. Serious folks, no cheating allowed! I understand that you can also buy your fare on line, through the mail, at transit centers etc.

2. Where are the Light Rail Park and Ride Lot's and How much do they cost?

The Park and Ride locations will be a very convenient way to utilize the system.
There are 8 park and ride locations. All park and rides will be FREE of charge and will be monitored by security cameras, security officers and municipal police officers. No overnight parking will be permitted. Park-n-ride locations:

1. Montebello and 19th Avenue (794 spaces)
2. 19th Avenue and Camelback (410 spaces)
3. Central Avenue and Camelback (135 spaces)
4. 38th Street and Washington (189 spaces)
5. Dorsey Lane / Apache Blvd (190 spaces- two lots)
6. McClintock Drive / Apache Blvd (300 spaces)
7. Loop 101 Freeway / Apache Blvd (693 spaces)
8. Sycamore / Main Street (802 spaces)

Once you park and then arrive at a light rail station, you will find that each one will have ticket vending machines. Each Light Rail Station will also have shade canopies, louvered panels to provide additional shade, seating, route maps, timetables, drinking fountains, public telephones and garbage containers.

3. What are the hours of operation for METRO Light Rail?

From December 27th (Grand Opening weekend) through December 31st, all rides are free of charge.

Beginning Thursday, January 1st, 2009 Metro will begin charging normal fares for light rail and bus rides. The normal schedule of service hours are 4 a.m. - midnight with the first full trip, across all 20 miles, occurring at 4:40 a.m. and the last full trip at 11 p.m arriving at the end of the line at midnight.

During the week, trains arrive every 10 minutes from 6 a.m. to 7 p.m - all other times, trains arrive every 20 minutes. On weekends and holidays, the first trip of the day is 5 a.m. and ends the same as week days. (midnight) The frequency of trips changes to every 15 minutes between 6 a.m and 7 p.m- all other times, trains arrive every 20 minutes. Metro operates 365 days a year. For special events, trains may operate more frequently and for longer hours. They have a really cool monitoring system where they can adjust the number of trains necessary by watching the stations from a "command center."

4. What is the best way to learn about things near Arizona's Light Rail system?

The light rail system in Arizona has many aspects to it. The best place to learn about the system and the lifestyle associated with life along the line it is to bookmark www.RailLife.com or to subscribe to the Rail Life RSS feed. At Rail Life, you can also see hundreds of photos that are light rail and community related, If you really want to know what is going on in the light rail communities, try following them on Twitter: @RailLife

Looking for a restaurant near the light rail line? Easy! Soon, they will also have shopping, hotel, entertainment, sports and real estate sections with interactive maps, driving and walking directions and even an "events page" where people can find cool things to do along the line.

Chase Field Phoenix AZ

5. Sporting, the arts and special events along the line.

Getting to the Sun's and Diamondback's games will be a breeze once light rail begins. Let's use a baseball game for an example: I have talked to a ton of sports fans that are looking forward to taking the light rail to a Suns game or to see a Diamodbacks game at Chase. The stop at 3rd St/Jefferson is VERY close to both of these venues. Most people know that there is a light rail stop at 3rd St/Jefferson near Chase Field but most probably don't realize that this is an east bound train. Not to worry, you just need to know your way around. If coming from North Phoenix, you will arrive right outside of the door at 3rd/Jefferson, but when going home you will walk about a block and a half to the 3rd St/Washington stop. By clicking on this pic of the 3rd St/Washington station, you might get a better idea of what I am talking about. The reverse is obviously true for people coming from the east valley. Before the game, you will exit at the Washington stop and will board the Jefferson stop on your way home. Don't forget the ASU Sun Devil's! There is also a light rail stop right outside of Sun Devil Stadium in Tempe!

The Arts Community will be easily accessable as well.

The Heard Museum is located near Encanto and Central.
The Phoenix Art Museum is very close to McDowell and Central.
The Phoenix Museum of History is west of Washington & Central.
The Arizona Science Center is East of 3rd St & Washington.
The Pueblo Grande Museum is East of 44th St & Washington.

There has been a lot of media attention to the "commercial" uses for light rail and there are indeed many. I think the historic and educational opportunities are tremendous as well.

Special events will include the upcoming 2008 Insight Bowl and Block Party, arts fairs, the Rock n Roll Marathon, the 2009 NBA All Star Game and hundreds of other great community events that are now going to be more easily navigated.

Light Rail Cars at 3rd Ave / Mill (all photos used with permission of RailLife.com)

For the past three years, I have watched the progress of this light rail system. From public meetings (CAB meetings) with METRO "stakeholders." to city council meetings to research on-line, driving the neighborhoods, talking to residents, business owners, police officers community leaders, students, politicians, you name it. I firmly believe that light rail will help change the life of many of the areas along the light rail line. Is this lifestyle perfect for everyone? Heck no, but for many, it has been a long time coming. According to Metro, about one-third of light-rail passengers walk 1/4 to 1/2 of a mile to a station. Another 1/3 of riders drive, and the remainder will take a bus and transfer to light rail. However, the majority of light-rail passengers live 3 to 5 miles from a station, (source, AZ Republic) - That's a lot of people. Some of what is missed when talking about the majority of users is, business travelers, convention goers and "soccer moms." While these groups might not use the system every day, it is very important for them to be able to navigate the system and to be able to find out how they can benefit from riding the light rail line to their destination.

The Phoenix light rail line is here! It is now safe to say... "Your Life Is On The Line!"