Les Stukenberg/The Daily Courier Embry-Riddle Aeronautical University professor Deanna Austin moved into her new Mandalay home in Pronghorn Ranch in August.

Jason Soifer The Daily Courier

It took a little while for Deanna Austin to find what she wanted.

Austin got a job as a professor at Embry-Riddle Aeronautical University in Prescott and began searching for a home late this past year. After a couple of strikeouts that included the mess of a foreclosure property, Austin found her dream, a 2,300-square-foot home in Prescott Valley.

“I just had a feeling about Pronghorn (Ranch),” she said. “For that (foreclosure) price, I found this.”What Austin discovered was one of Mandalay Homes’ spec builds in the community.

Dave Everson, president of the Phoenix-based homebuilder, said the company came into the community in late 2009 and finished construction on about 11 homes after the developer closed its doors nearly three years ago.

About a year later, Mandalay acquired 138 lots and Everson said he’s building 11 to 12 homes this year. “We’re meeting (buyers’) needs and I’m encouraged,” he said.  The community is going through a rebound after what happened there nearly three years ago.

In an October 2008

Daily Courier story, Dave Brown, chief executive officer of Brown Family Communities, said he chose to close down the family business of more than 30 years after his lenders called on his outstanding loans.

Brown said at the time that he sold about 650 homes in what were his Reunion, Reserve and Renaissance portions of the development and he sold 17 homes in the weeks leading up to making the move to pull the plug.

But lenders took all of the proceeds from those closings for months, according to Brown, who said he was using a mix of company money and his own until it ran out.

Realtor Cathi Pospisil, with RE/Max Mountain Properties, credits Everson’s company for the community’s turnaround. Pospisil cited Multiple Listing Service data from the Prescott Area Association of Realtors that she said proves her point about the turnaround in the subdivision.

Comparing third quarter 2010 statistics, Pospisil said 15 homes sold in the community worth more than $2.94 million and they sat on the market an average of 83 days.  In the third quarter of this year, Pospisil said 23 homes sold worth more than $3.97 million, with the average days on the market down nearly 20 days from the same quarter in 2010.  “They’re reviving a community that has sat quiet for four years,” she said.

Realtor Terri Chase, director of sales and marketing in the community, said buyers like Austin are finding affordable options from Mandalay Homes, such as two-tone paint, front landscaping, 18-inch floor tiles and quality fixtures.

“We don’t sell white houses with plastic floors,” she said. “We want the client to come in and move in.” And that’s bolstering sales, according to Everson, who said prospective buyers are more serious these days.

“We’re seeing a total change in behavior,” he said. ]]> http://myrebroker.com/mandalay-homes-turning-things-around-in-pronghorn-ranch/feed/ 0 http://myrebroker.com/happy-labor-day-2011/ http://myrebroker.com/happy-labor-day-2011/#comments Sun, 04 Sep 2011 14:07:35 +0000 Cathi Pospisil http://myrebroker.com/?p=1014 God bless our HEROS:  Military troops, police, firemen, teachers, medics and all the great people in the USA!  Take a look at this magnificent definition of  “FREEDOM  in Beautiful Arizona!”…  See Awesome footage of a man with a jet wing strapped to his back flying over the Grand Canyon with music!

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This is the fourth annual study of home buyer and seller satisfaction with the largest national real estate companies, conducted by J.D. Power and Associates. For the home buying experience, three factors were considered: agent/salesperson, office and a variety of additional services. Four factors were examined for the home-selling experience: agent/salesperson, marketing, office and a variety of additional services.
Details from the study indicate that on a scale of 1,000, homebuyer respondents ranked RE/MAX with a score of 805 and home sellers put RE/MAX on top at 791. The 2011 study includes more than 4,200 evaluations from 3,680 respondents who bought or sold a home in the U.S. between March 2010 and April 2011. In two other 2011 industry surveys of the country’s top real estate brokerages, RE/MAX agents averaged more transaction sides than agents at the other national franchises. The RIS Media Power Broker Survey and the REAL Trends 500 both showed that RE/MAX agents averaged over 14 transactions sides, more than double the average of many competitors.
The success of RE/MAX agents is the result of its comprehensive educational platform, RE/MAX University, which offers over 1,100 educational programs on-demand, and available online, on television, on smart phones and in classrooms around the world.

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The Daily Courier

 
Despite the economic recession in recent years, the population of nearly all of Yavapai County’s communities grew between 2000 and 2010, except in Ash Fork, Seligman and Sedona.

Yavapai registered the third-fastest growth of Arizona’s 15 counties, increasing 26 percent to 211,033 between 2000 and 2010.

Pinal County grew at a much higher rate than any other Arizona county at 109 percent to a population of 375,770, making it the third-largest county behind Maricopa and Pima. Mohave was the second-fastest growing county at 29 percent, pushing its population into fifth place.

Yavapai County government officials were confident enough that the county’s official population would top 200,000 that they already are proceeding on redistricting the county from three to five supervisor districts, which state law requires for populations higher than 200,000.

Arizona was the second-fastest-growing state in the nation during the last decade, and Phoenix is the country’s sixth-largest city.

Hispanics helped fuel the state’s growth. Their numbers increased by 600,000 while their share of the population rose from 25.3 percent to 29.6 percent. The national average is 12.5 percent.

The Hispanic/Latino numbers in Yavapai County grew from 9.8 percent of the population in 2000 to 13.6 percent of the population in 2010, with nearly all of the rest of the population being white.

The Hispanic/Latino numbers also grew in the Prescott region.

As a recession gripped Arizona in recent years, the county’s vacant housing grew from 14.1 percent of the housing units in 2000 to 17.7 percent of the units in 2010. The percent of vacant housing also grew in the Prescott region.

Prescott Valley, among the fastest-growing municipalities in the state with a 65 percent increase in population during the first decade of the 21st century, also saw its percent of vacant housing more than double.

Population changes will affect redistricting efforts at the county supervisor, legislative and congressional district levels.

While Prescott’s population grew over the decade, its numbers dropped from the Census’ 2009 estimate. That means it could get a smaller share of the revenue-sharing pie from the state and federal governments.

That was the biggest surprise in his first glance at local Census numbers released Thursday, Prescott Valley planner Joe Scott said.

Yavapai County Development Services Director Steve Mauk said he also was surprised by Prescott’s numbers. Prescott officials said they had not yet reviewed the numbers.

PV numbers “held up pretty good,” Scott added.

Prescott’s population grew 17.4 percent from 33,938 in 2000 to 39,843 in 2010. The percentage of Hispanic/Latino residents grew slightly from 8.2 percent to 8.6 percent. The percent of vacant versus occupied housing units grew from 11.9 percent to 16 percent.

Prescott Valley’s population grew 65 percent from 23,535 to 38,822. The percentage of Hispanic/Latino residents grew from 11.1 percent to 16.7 percent. The share of vacant housing units grew from 5.5 percent to 12.2 percent.

Chino Valley’s population grew 38 percent, from 7,835 to 10,817. The percentage of Hispanic/Latino residents grew from 9.8 percent to 15 percent. The share of vacant homes grew from 6.9 percent to 11.5 percent.

Yavapai County and Prescott planning officials said they were having trouble viewing some of the Census numbers online Thursday afternoon.

The statistics focused on populations by race, and housing occupancy rates.

The Census has not yet released more detailed statistics that look at social and economic trends.

]]> http://myrebroker.com/prescott-area-population-rising-despite-recession/feed/ 0 http://myrebroker.com/the-glitsiest-homes-in-america-aspen-co/ http://myrebroker.com/the-glitsiest-homes-in-america-aspen-co/#comments Fri, 11 Mar 2011 14:35:19 +0000 Cathi Pospisil http://myrebroker.com/?p=838 See the most expensive town in America… Aspen, CO my home of 17 years.   

Prescott, AZ not most expensive town in U.S.

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Nextage Realty Professionals is the Prescott designated office for the ”Homes for Heros buyer’s program.”  Call our office 928-443-8800 today!