The Greatest Show on Grass!

This coming week Feb 22 thru the 28^th marks the start of the Phoenix Open. The event is hosted at the TPC in Scottsdale, but is a landmark event for the Phoenix area and was originally called the Arizona Open. Tbe Phoenix Open originally alternated play between the Phoenix Country Club and The Arizona Country Club. In 1975 the event moved to the Phoenix Country Club exclusively till 1987 when it was moved to its current home at the TPC. The Phoenix Open is one of the five oldest events on the PGA tour marking its 75^th year in the Phoenix area. It is deeply a part of Phoenix history.

Ever wonder what it would be like to hit a shot at the 16^th hole, which is a famous par 3 hole for the TPC commonly called “the shot at glory.” The lucky two will get their chance along with local celebrities, and Hollywood stars like,” e Ray Ramano & Josh Duhamel they will all tee up for a closest to the pin contest all to benefit this years charity the Wounded Warriors Project. Which is a charity that help wounded vets who come home with readjustment challenges and support them when they return home by helping them heal from all they have went through.

Tournament host will give 100k to each charities chosen by each competitor, and if a competitor makes a hole in one then 1 million dollars will be given to the charity of their choice. It is a fantastic event to go see and a great way to spend some time in our beautiful spring weather enjoying the Arizona Sun we are famed for.

It is Phoenix Historic home tour time again!

It is Historic Home tour time in Phoenix again. This weekend on 2/14 10 am to 4 pm. Launches the home tour season with the Willow Home Tour and Street Fair. The tour is in the areas of Central to 7^th Ave and Thomas South to Mc Dowell Rd. These homes are charming and range in diversity from Tudor style, Bungalow, Spanish Revival, to Ranch style homes. These homes were built between the early 1900’s and up to the 1940’s. You can purchase tickets in advance at willowhistoricdistrict.com on the day of the tour 3^rd AVE and Holly.

Feb 28^th will be the Friends of Mexican Art Tour. This tour will feature three homes, which will feature private art collections that have been collected from their travels around the world. Tickets can be purchased at Fiesta Furnishings for $50 to purchase the day of call 480-275-5746.

Feb 28^th will also host the Coronado Home Tour. This tour will feature homes between South of McDowell between 7^th and 18^th street that were built between 1930 and 1940.

Coming up in March will host the Windsor Square Historic Home and Garden Tour on 3/7. Then in April the valley will feature the April the Modern Phoenix Home Tour on 4/11. The Modern Home Tour will feature a 1960’s subdivision called Paradise Gardens, and will feature homes influenced by the famous Arizona architect Al Beadle.

These tours are a great way to get to know the beautiful city and the influences from years past. One must understand the past to look toward the future. Our city center is in the midst of a Renaissance. Not to mention it is a great way to spend a weekend during our glorious spring weather that cannot be beet in the Valley of the Sun. www.metrophxrealestate.com your Metro Phoenix real estate resource.

Metro Phoenix Market Update For January 2010

January marked the 2^nd highest sales of 4704 transactions second only to January 2005 with 6589 transactions. In the Phoenix area 46 percent of all the sales in January were lender owned properties, 23.6 percent were short sales and 30.4 percent were regular transactions.

Single family detached homes within the range of price $75k to 125 k appears to be weakening this represents 26.3 percent by unit count which is a significant part of the market. While prices from 150k to 600k appear relatively strong.

Within the month of January there were 6752 notices of foreclosure filed and this represents the lowest monthly total since Nov 2008.

All information was obtained from the Cromford Report and ARMLS