Mesquite Newsletter - February

What is happening? Well, it is not a good time to sell… at least not if you want to make a profit. It is a great time to buy with many prices at or below prices from 2004. Home loans are still happening however there are more conditions to the loan that make it a longer process. It does take some patience and for the right price and terms on a home most are willing to comply.

The last quarter of 2008 there are some encouraging statistics to talk about. In the last quarter of 2008, 62% of all homes, town homes and condo’s sold were existing structures (resale’s), 35% were new homes, town homes or condo’s. The rest were vacant lots. Prices ranged from $50,000 on a vacant lot all the way to $530,000 for a single family home with the majority of the sales from $150,00 to $229,000. The resale market was fueled by an upswing in Bank Owned properties (REO’s) and Short Sales (owing more than it sells for) which add up to almost half of the sold properties. Our experience in handling these transactions can help you avoid some of the headaches encountered when working with banks. Give me a call if you are considering buying one of these properties or if you need some guidance with a sale at this time. I am always happy to help where I can.

Auto MLS E-mail. For those unaware of what this is; I will explain. Right now you can see all Listings in Mesquite on www.MesquiteGroup.com. If you are looking for a 3 bed 2 bath home with a pool for under $300,000 you will have to look through many listings. Why not have them sent to your email as they come available? Instead of you searching, now the listings that meet your criteria will be sent directly to you. It is super easy for me to set you up( need criteria and email address) and you can start and stop at any time. This works for buyers and sellers. Maybe you are considering selling and want to keep track of all the homes for sale in your neighborhood. No problem! This is a great service that many are using and it’s fast & free. This is how you get the information first!

To see all Listings/For Sale for Mesquite go to http://www.mesquitegroup.com/

Mesquite...the Premier Location for Amateur Sports in the United States?

Photo taken just North of New Sports Park

This last week we have gotten some great news. So here goes...

1."Massive Sports Project Approved!"
The Desert Valley Times last Friday reported this will be a $500 Million 920 acre sports resort, with completion targeted by 2010. It is being billed as "The Premier location for amateur sports in the United States". This will be at least partially funded by the shoe and athletic brand Adidas. It will be located on the Regional Park land between the Mesa View Hospital and our newly completed Long Drive venue.

The City Council has managed to keep this quiet until it was released to the general public last week. According to plans this will bring Mesquite approximately 500 new jobs. Amenities include:

• Adidas facilities - offices, deluxe restaurants, training facilities (two Olympic-sized pools, two Olympic-sized diving platforms, and private workout center)


• Six flex basketball/volleyball courts


• Indoor track


• Therapy center (massage, saunas, spas)


• Sports medicine facility


• Nutrition center


• 12 sand beach volley courts with stadium seating for 300-400


• 15,000 seat softball facility with natural turf, Softball Hall of Fame, Sports Memorabilia Center


• Softball complex with four five-flex diamonds, concession stands, announcers booth, and day-care center


• 24 field soccer complex with 400-500 seat soccer stadium


• 16 court tennis facility plus 300-400 seat tennis stadium and pickle ball courts


• ANOTHER GOLF COURSE!


• Football stadium with seating for 3000-5000, with separate track and field area


• Indoor football/soccer/lacrosse stadium with artificial turf and seating for 3000-5000
• Water park with lazy river
  
• Resort hotel and athletes village
  
• Open-air street mall

2. $15,000 Government Stimulus.
The Senate passed a new Isakson Proposal that includes a $15,000 tax credit for ANYONE who buys a home this year. This is great news as home prices and interest rates are still low. If you have any friends or family that may buy this year pass this information along to them.

3. $99 Golf or Spa Package Available at CasaBlanca.

If you need an excuse to come down to Mesquite... This would qualify.
Includes One Deluxe Tower Room and your choice of:

• One Round of Golf


• Swedish Massage (60 Minutes)


• European Facial (60 Minutes)


• Pedicure (60 Minutes)

For More Information or to Book call 877-GETAWAY

Finally, as you know that you can visit http://www.mesquitegroup.com/ to see all the listings in Mesquite Area including Arizona.