Giving you a local perspective on the Phoenix, AZ Real Estate Market

THE KRONE TEAM CELEBRATES 30 YEARS IN REAL ESTATE AND REFLECTS

February 12, 2013 By kronester Leave a Comment

Over the last 30 years we have seen many changes in watching Buckeye, Goodyear, Avondale, and Litchfield Park expand and grow into the Southwest Valley. If you wanted to purchase a new home the only option was Garden Lakes in Avondale. Goodyear population has gone from 2747 in 1980 to the present population of 65,000 today. From 2000 to the present, the Goodyear population has grown 245%!

When Keith and Cheryl Krone started selling real estate in the late 1980’s, I-10 ended at Dysart. The closest grocery shopping was a Smitty’s Grocery Store at 83rd and Indian School. Litchfield Road was a palm lined two lane road with no commercial businesses.

In 1987 Estrella Mountain Ranch in Goodyear, AZ. was a mere vision. The road was not paved; the potting soil to plant all the palm trees was piled almost as high as the Estrella Mountains.

Mortgage interest rates were 18-19%. The Savings and Loan industry collapsed causing many people to lose their homes. Remember the RTC?

Buckeye, Arizona was just a sleepy rural farm town with no commercial business except maybe a feed store or two.

Avondale, Arizona housing gem was Garden Lakes. It wasn’t until 1995 that Avondale began to hire and train personnel to be paramedics. By 1992 the Avondale Fire Department consisted of only five fire-fighters-paramedics on staff.

Litchfield Park, Arizona encompassed from Litchfield Rd to Dysart; and Indian School to Camelback. It was (and perhaps still is) “The Place” to live. Growth was really looked down on by the original Litchfield Park residents.

Loop 101 was non-existent. Travel from South to North was all surface streets and to get from Litchfield Park, AZ to Peoria or Glendale was a tedious drive.

There were no cell phones, no email, no internet, and very few faxes. Realtors were issued a book twice a month (which looked like a phone book). The only property pictures were one small thumb-nail, black and white photo. And Video’s of homes for sale, forget it!!!

We are very proud to have been a part of the explosive growth in the Southwest Valley; and cherish our years here watching Buckeye, Goodyear, Avondale, and Litchfield Park expand and grow.

Filed Under: Local Perspective Tagged With: avondale-az-real-estate, Buckeye AZ Real Estate, Goodyear real estate, Litchfield Park AZ Real Estate

Sharon Flemming at the Russo and Steele Collector Automobile Auction in Scottsdale

January 28, 2013 By kronester Leave a Comment

When I am not selling Real Estate in the West Valley I took time out to go look at the variety of cars available to buy at the Russo and Steele Collector automobile auction in Scottsdale, Arizona. Over 700 cars of all makes and models were available for car enthusiasts and collectors from all over the globe to look at and bid on should it take their fancy.
Auction block excitement seemed never ending with Jaguar E type, Fait 500 Coupe, Alfa Romeo Spyder Veloce Convertible and MG Midget leading the way for the European cars. Whilst Chevrolet Belair Coupe, Ford Spcon Coupe GT40, and the spectacular fins on the Cadillac Eldorado Biarritz convertible heading the way for the American classics.
For 5 days under the white tents located at the intersection of the Loop 101 Freeway and Scottsdale Road, the hammer fell and some lucky person drove away in their new car with the open road awaiting.

Filed Under: Local Perspective Tagged With: goodyear-real-estate-az, sharon flemming, the krone team

Hometown Holiday Celebration at Verrado

December 11, 2012 By kronester Leave a Comment

It’s that time of year again; holiday season is once again upon us.

I took time out from selling Real Estate to go to Verrado in the West Valley to join in the fun as the neighborhood came alive with the start of Christmas and hometown holidays celebrations.

The streets are lined with twinkly lights, reindeers and festive ornaments.

Verrado held their 9^th Annual Tree Lighting celebration on Saturday December 1^st. Many people gathered to enjoy horse-drawn wagon rides, marshmallow roasting, to play in the real snow and listen to school children sing carols and perform for their friends and families.

Santa Claus made a special visit and you could have a photograph taken to remember the evening.

The local grocery store and restaurants were available for drinks and food as well as vender stalls selling holiday treats.

It was a magical evening where the friends and neighbors mingled until after 9:00pm enjoying their time together.

Cheers,

Sharon

Filed Under: Local Perspective Tagged With: Verrado Buckeye Real Estate

THE KRONE TEAM 30 YEARS LATER IN REAL ESTATE!!!

November 30, 2012 By kronester Leave a Comment

As we have all said, where has the time gone? It was in 1983 that Keith and Cheryl started their real estate careers and it has been an amazing journey.
We have been truly blessed by the clients we have had the privilege to work with throughout our career. Many have turned into lifetime friendships. We have received many thank you cards throughout the years, but one card we hold dear was a card from a client who had purchased a home from us in 1986. In part, the card said, “It was 21 years ago this month (May, 1986) that two of the neatest people in the real estate business in Arizona sold us our dream second home. We couldn’t pass up this opportunity to thank you once again for 21 years of fun-filled, memorable hours of enjoyments. Thanks again so much!”..…
We’ve certainly seen many markets come and go throughout the years. Remember the interest rates at 19%? Remember the Savings and Loan crisis? Remember the real estate boom in the early 2000’s and the real estate crash which followed a few years later?
We have had to make many adjustments throughout the years, but the one thing we have never compromised; that’s our commitment to serving our clients with honesty and integrity.
Thank you all who have worked with us in the past and referred your family and friends to us. We feel so blessed!
From The Krone Team to your family, wishing you a fantastic 2013.

Filed Under: Local Perspective Tagged With: the krone team

HOME PRICES IN PHOENIX AREA UP 20 PERCENT IN THE PAST 12 MONTHS

July 26, 2012 By kronester Leave a Comment

Home prices are surging in metro Phoenix, climbing 8% in March alone and 20% in the past 12 months. The median price of a house in the region climbed to $134,900 according to a new report from the W.P. Carey School of Business at ASU. The trend is projected to continue throughout the year, although at a slower pace.
Mike Orr, director of the Center for Real Estate Theory at ASU, doesn’t expect home prices to continue to climb as fast as they did in March over the new few months, but he projects metro Phoenix’s housing appreciation for 2012 to reach 25% by September. Orr credits the turnaround to steep drops in foreclosures and in the number of homes for sale, coupled with an increase in sales.
Fewer foreclosures mean fewer inexpensive homes for buyers. The number of homes taken back by lenders in metro Phoenix is down 60% from March 2011. Housing inventory has dropped steadily during the past year because of a record number of investors snapping up properties out of foreclosure.
“Prices have begun to rise at a fast pace, and bargains are no longer plentiful,” Orr said. “Most homes that are priced well are attracting multiple offers within a couple of days, and many are exceeding the asking price.”
March’s price increase was the sixth in a row for Phoenix’s housing market. Most real estate analysts say the streak of rising home prices, along with slower foreclosures, is proof a housing recovery is under way. A growing number of national real estate analysts say metro Phoenix is leading the U.S. housing market’s recovery.
The number of houses on the market across the Phoenix area is down 64% from March 2011. “The very low number of inexpensive homes available for resale means more buyers are considering purchasing new homes as an option,” Orr says. “This signals the start of a distinct upward trend in new-home sales.”

Filed Under: Local Perspective Tagged With: Phoenix Real Estate

Old Litchfield Park Tour

May 22, 2012 By kronester Leave a Comment

Old Litchfield Park Real Estate is tempting to anyone who has ever visited this oasis in the desert. You can enjoy the soothing sounds of the water features around the lake and the birds chirping as you take a nice walk around the lake. If a day at the spa is just what the doctor ordered, then you can shoot right over and visit the Wigwam’s Spa. There is something for everyone in Old Litchfield Park. The Wigwam Resort is a wonderful place to visit with a fabulous golf course, tennis courts, restaurant, and some incredible rooms for their guests. Fully grown palm trees surround this entire community giving it a luxury feel. This video will take you around to some of the highlights of this amazing community. These are just a few of the reasons why everyone is looking at buying a home in Litchfield Park Real Estate. If you may be interested in seeing any of the homes for sale in Old Litchfield Park, please contact mike@kroneteam.com for more information. As the Litchfield Park Real Estate market is changing, the prices are seeing an increase, so now is definitely the time to buy. If you may be interested in selling your home, it may be worth more than you think. You can contact us for more information to receive a free consultation to see what your home may be worth. Whatever your Litchfield Park Real Estate need is The Krone Team is here to assist you.

Filed Under: Local Perspective Tagged With: Buying a home in Litchfield park, Litchfield Park real estate, Old litchfield Park

Peggy Kennedy Krone Team Buyers Specialists

February 16, 2012 By kronester Leave a Comment

Peggy Kennedy

Peggy has been a Buyer Specialist with The Krone Team for over 2 years. Her passion is working for her Buyer Client to find the perfect home to fit their needs. Whether it’s a first time home buyer, move up buyer, or investor, Peggy’s guidance and knowledge is invaluable to her clients. She has been actively selling Real Estate in Litchfield Park Az, Goodyear Az, Avondale Az, and Buckeye Az.

Peggy has been a resident of Arizona for over 30 years and understands where the best values can be found Valley Wide. She has two teen age grandsons and was just blessed with a new Grandbaby on Valentine’s Day. A sweet baby girl named Brielynn. Congratulations Peggy!!

If you are thinking it’s time to start considering the purchase of a home, please give Peggy a call for a Buyer Consultation.

Filed Under: Local Perspective Tagged With: Peggy Kennedy Realtor

Janet McGee Joins The Krone Team

February 3, 2012 By kronester Leave a Comment

The Krone Team Welcomes Janet McGee as the Transaction Coordinator

Janet McGee Transaction Coordinator for the Krone Team

This 1991 Agua Fria graduate understands the importance and value of making a house a home. She’s spent the last 20 years raising four children in Texas and California where she began in Property Management and Beach Vacation Rentals. Since moving home to Goodyear two years ago, she has worked with some of the West Valley’s top real estate producers and has experienced the in’s and out’s of Short Sales, Land, and REO’s. We are proud to call her the Transaction Coordinator of The Krone Team where she continues to demonstrates her determination, provide knowledge, and support of not only the team but with her children, friends, and clients.

Filed Under: Local Perspective Tagged With: Janet McGee Transaction Coordinator for the Krone Team

GETTING TO KNOW YOUR NEIGHBORS

January 25, 2012 By kronester Leave a Comment

Knowing your neighbors in Goodyear, Litchfield Park, Avondale and Buckeye, AZ
In this real estate market where seemingly almost everyone is being displaced, home owners have really lost touch with who their neighbors are. Current residents and new home owners in Goodyear, AZ are finding they have to start over and build new relationships with their neighbors. The thought of speaking to someone they do not know is frightening for some. However for the safety of our communities it is very important that we take the time out to know who are neighbors are.
Everyone is busy and has other things they could be doing. With a little effort though it’s quite easy to build some new friendships and meet your neighbor’s.
Doing some landscaping on your front yard or just sitting on your front porch reading the paper is a great way to start some conversations with your neighbors passing by.
If you’re feeling really motivated you can go for a walk and take the time to talk to the other neighbors as your passing by.
Neighborhood meetings are a great way to not only meet people but also to get engaged with your community. Most of the local Home Owners Associations have meetings every 3 months.
Yard sales are another great way to lure out your neighbors and have some fun. You could contact them ahead of time and see if they may be interested in participating.
If you have any questions about Goodyear, Litchfield Park, Avondale, or Buckeye Real Estate, please contact Mike Ewen at 623 824 6274 or email me at Mike@Kroneteam.com