Rent or Buy Your Home…Which is Better?

Rent or buy? Gosh, isn't that the $64 Million Dollar question? And as many things go in real estate, the answer depends on your circumstances. Let's start with the current state of rentals here in Phoenix. In the ARMLS rental database the overall average lease rate for active listings is $1,820 per month and the average sq. ft. is 1,932. For apartments, the average rent is $1,568 with an average sq. ft. of 1,102 giving us an average rent of $1.42 per sq. ft. A year ago the rate was $1.22 per sq. ft., so the rise in asking price is 16.6% in just 12 months. The number of active apartment rental listings has declined 10% from 643 to … [Read more...]

Country Club Living at an Affordable Price – Val Vista Lakes – 1402 N Pebble Beach, Gilbert, AZ 85234

How would you like to live in a country club community? Who wouldn't right? But maybe you can't afford the country club price tag. Well check out this home in Val Vista Lakes, one of the most popular lakefront communities in Gilbert, AZ. The clubhouse is AMAZING! A beach-front lagoon pool overlooks  a lake that meanders through the community. It's flanked by a Jr Olympic-sized pool, hot tub and gazebo. Enter the clubhouse to find racquetball courts, cardio and weight-training facilities and recently updated locker rooms, as well as a staff that keeps the action going through-out the year.   Tennis? Oh yes - there's even an … [Read more...]