It's here, the newly expanded and extended homebuyer tax credit! I received in my email today a letter that was sent out by our 2009 NAR President, Charles McMillan. In it, he explains that the House and Senate have passed the amendment that expands and extends the homebuyer tax credit. Yes the bill is extending the credit to current homeowners! In the letter, Charles explains that the bill should be sent to President Obama for him to sign in the next day or so.
Below is Charles' podcast which details the new tax credit.
Here is a comparison chart between the old homebuyer tax credit, and the new bill which should be in affect soon.
I hope you find this information valuable.
Is this a good thing for our economy? What happens when this extended tax credit ends? Will there be a negative affect, or drop off in real estate sales after the tax credit ends?
If you're a first time homebuyer or current home owner, will this new homebuyer tax credit affect whether you will buy a new home over the next 5 months?
My question to all of you realtors is, how will this expanded and extended homebuyer tax credit impact your area, and your real estate business?
Good news for Stratland Estates in south Gilbert. Pulte Homes, Meritage Homes, and Toll Brothers have purchased 230 vacant lots, which have been sitting empty since the developer, Stratland Estates L.L.C., filed for bankruptcy in July of 2008.
Stratland Estates is located near Higley and Germann Roads. The developers who have purchased the vacant lots plan to start building their new homes, and completing the neighborhood early next year. Pulte acquired 107 lots, and will build homes ranging from 1,900 to 3,000 square feet in size. Meritage will build 65 homes in the community, and Toll Brothers will build on the remaining 58 lots.
Taylor Morrison homes currently has 10 brand new homes for sale as well in Stratland Estates. Their 4 bedroom model is starting at $214,990, and boasts almost 2,000 square feet. Taylor Morrison's highest priced listing is a 6 bedroom home with over 3,500 square feet, and is listed at $299,990. A total of 15 homes have sold in Stratland Estates this year.
There has been an unexpected increase in new home construction permits in Gilbert, as nearly 1,000 permits have been issued so far in 2009. Is this a sign that the times are changing, and the real estate market is starting to pick up again? I think it's too early to tell yet, but this is a very good sign for Gilbert and the community of Stratland Estates.
Did you know that there is an abundance of stylish custom and luxury homes in Chandler, Gilbert, and Queen Creek? There are currently 133 homes for sale ranging from $500k up to $7,400,000 in Chandler alone. There are currently 147 active listings in Gilbert ranging from $500k to $3,900,000. In Queen Creek, there are currently 50 luxury homes ranging from $500k up to $1,650,000.
If you are ready to step-up, are moving from another state, or just looking to purchase a new home, the East Valley has some beautiful luxury homes. Many of them are on acreage, or larger lots, are horse properties, or include a lovely pool, or more!
For example, here are three exceptional East Valley luxury homes:
Chandler luxury waterfront beauty...
Check out this pool and view!
Gilbert luxury home...
...a golf course backyard
... and check out this custom Queen Creek Luxury home on 1.33 acres:
Ranch style...
custom kitchen...
more info on Chandler, Gilbert, and Queen Creek Luxury Homes...
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Contact Troy and Mia Erickson, Realtors®, Terra Solis Realty, LLC. Licensed Residential Realtors® in Arizona at 602-295-6807 for Chandler, Gilbert, and Queen Creek Arizona custom and luxury Real Estate.
You can view all Chandler, Gilbert, and Queen Creek Luxury Real Estate from our website. We are here to help you buy or sell!
With daylight savings time occuring this weekend and many of you going to work early Monday morning, I am hoping that all of you remembered to turn back your clocks. At 2:00am Sunday morning is the official time that the time changes from standard to daylight savings time.
There are, however, places like Arizona where I live, Hawaii, Puerto Rico, the Virgin Islands, America Samoa, Guam, and the Northern Marianas, where we do not observe daylight savings time, and our clocks will not need to be changed.
However, what this does is affect how our time is related to everywhere else in the United States. Now California is an hour earlier than Arizona, and the east coast is now only two hours different.
For those of you who observe daylight savings time, which is pretty much everyone in the United States, I hope you enjoyed your extra hour of sleep!
Daylight saving time will need to spring forward on March 13.
Forbes Magazine has just announced America's safest cities for 2008, and the Phoenix Metropolitan area was ranked 14th overall, just behind San Diego. Forbes looked at the country's 40 largest metropolitan areas in four different categories. The Phoenix Metropolitan area is the 12th largest metropolitan city based on population. The categories to determine America's safest cities included workplace death rates, traffic death rates, natural disaster risk, and violent crime rates.
The Phoenix Metropolitan area ranked 17th in violent crimes and workplace fatality rates, 27th for traffic death rates, but 5th in natural disaster risk. Congratulations to Minneapolis-St. Paul for being ranked number one. To read the entire article and see the complete list, visit America's safest cities.
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It's all about quality service with us. We specialize in working with buyers and sellers in Chandler, Gilbert, Queen Creek, Phoenix & East Valley. We are here to help, advise, and answer questions.
Mia and I have lived in Chandler for 12 fantastic years. We have 2 wonderful children who make life worth living. Our daughter is 22, and is still trying to figure out what she wants to be in life. She has been going to Chandler/Gilbert Community College, and is in the process of applying for beauty school. She has been singing in Choir since I don't know when, and was singing with the Chandler/Gilbert Choi
r the past two years. Our son is 9, going on 25. He wears a men's size 9 shoe! He is your typical boy who loves to be active. He has tried everything from Gymnastics, to BMX biking, to flag football, and he is currently trying out Club Soccer to bring out the competitive side of him. We just recently had a new addition to our family, a boxer puppy. We named her Gracie. We got her this past Easter, and we love her to death.
Prior to moving to Arizona, I lived in many states throughout the country, as well as Okinawa. My father was in the military, and we lived in Florida, Idaho, and Kansas (to name a few places), before moving back to Oregon when I was in the fifth grade. I guess you could say I knew a lot about being the new kid in school. Mia had lived in Oregon her whole life. Her father was an educator, and her mother worked for the post office before they both retired. She, however, had traveled extensively, including trips to Japan and Costa Rica. We both come from households with great work ethic and good family values.
In our spare time, we love activities, whether it is riding quads or jet skiing in 
Lake Havasu, attending Broadway shows and sporting events, or visiting new places like Bisbee and Jerome, AZ. We enjoy spending time with our families, and try to get together as often as possible. I especially like to play softball, as I am too old to participate in just about any other sport (The knees are giving out on me). Mia loves to create things, as she designs her own jewelry, and can be very artistic when she has the time. She can also create a meal out of nothing in less than 10 minutes, and that's an art all in itself. Mia is also fluent in Spanish, which has come in very handy with our trips to Ensenada, Costa Rica, and Cabo San Lucas.
We are very civic minded individuals as well, and at one time or another have both worked for County and/or City Government. Mia has also been on the Board for the school PTO, as well as a volunteer for the Special Olympics, and Hands Across The Border. I have been a youth sports coach and official for so many years, I can't remember how many. We have also served on Youth Councils, the Little League Board, volunteered for the United Way and the City of Chandler Youth Enhancement Program. We believe in giving back to our community, and that it really does take a village to raise great children.
We are Residential Real Estate experts in the East Valley, and we focus on neighborhoods in Chandler, Gilbert, Mesa, Queen Creek, Tempe, Scottsdale, as well as other cities within Maricopa County. My wife and I have been in Real Estate for over 7 years, and we enjoy the opportunity we have to work together to help others. Whether it is buying your first home, investing, or helping you sell your home so you can move, we are here to help, and available 24/7.
I have an additional 15 years experience in finance and accounting (including 3 years as a Loan Officer), and Mia has 10 years in corporate business, and another 10 in the public sector. Mia, at an earlier time in her life was an EMT4, riding around in Ambulances saving people's lives. Mia is fluent in Spanish as mentioned above. We are all about service, and together our experience and skill set are second to none.
We got into the Real Estate industry to help people. There have been many ups and downs in the real estate market (as to be expected), and we have stayed true to ourselves and our clients. Whether it is a buyers market or a sellers market, we do what's best for our clients, and we always offer our dedication, expertise, and full service.
Mia and I hold memberships with NAR, National Association of REALTORS®, AAR, Arizona Association of REALTORS®, and SEVRAR, South East Valley Association of REALTORS®, and are members of the Chandler Chamber of Commerce. Please visit our websites at http://troyandmiaerickson.point2agent.com and www.arizonarealestatehometeam.com. We are in the process of enhancing our websites, so please stay tuned.
Sheila Kofahl is our Designated Broker for Terra Solis Realty, LLC. She has over 13 years in the industry, is part of our team, and she holds the prestigious CRS, Certified Residential Specialist, the GRI, Graduate REALTOR® Institute, the ABR, Accredited Buyer Representative designation, and the e-PRO certification.
In addition to this, we only work with the best in the industry when it comes to home inspectors, lenders, appraisers, title companies, and home warranty companies. We want to work only with businesses that have the same integrity, values and morals that we have, and people who are the best at what they do.
Just a note of thanks for all of your hard work and patience. I know that it wasn't easy to get us into a house, but your efforts have made us feel that you care about what's best for us and not your respective careers. If you continue to do your jobs this way - there is no doubt you will find great success. Thanks Again! - Mark & Elaine Foster
Troy Erickson handled my mortgage refinance loan and provided very good service. Upon learning of my desires to refinance, he kept me posted on interest rate levels. I compared his rates against a few other banks and mortgage brokers, and found them to be quite competitive. Troy made himself available at all times to answer my questions and was very quick to follow up. He is an extremely honest individual whom I can trust, and he goes to great length to deliver good service. - Shari Fujii
Hello we are Daniel Maples and Brianna Joyner. Let us start out by saying that we love our new home and you could too! We were desperate to find a house in less than a month and received a number through a close friend. Our friend had told us these guys were great, just give them a call. This number that was given to us was the number for Troy and Mia Erickson. We needed a house fast, so we called them and they told us they could get it done. We gave them our criteria for what we were looking for in our new house. They were very thorough in their search for our perfect home! We were given a list of homes to pick what we would like to go and look at with them. We made a selection and shortly after we went to look at them....and found this big beauty. It was exactly what were wanted and so much more. We were told that Troy and Mia were great realtors, and now we can say that they are GREAT realtors! You can rely and trust them in the stressful situations while moving. You have plenty of things that you need to worry about when moving, let them help you by taking the most important thing off your shoulders...finding your new home! - Daniel Maples & Brianna Joyner
More references and testimonials available upon request.
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