Market Trends in Prescott


new custom homes Prescott

Prescott, AZ – Just recently, the average cost of real estate property in Prescott, AZ increased to $111 per square foot, compared to the same period last year when it decreased by 0.9%.

The median sales price for homes in Prescott AZ for Dec 2011 to Feb 2012 was $195,625 based on 250 home sales. Compared to the same period one year ago, the median home sales price decreased by 4.5% ($9,117) and the number of home sales decreased by 30.2%.

There are currently 1,990 resale and new homes in Prescott on Trulia, including 1 open house, as well as 281 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process.

The average listing price of homes for sale in Prescott, AZ was $394,072 for the week ending in Feb 29, which represents a decrease of 1.3% ($5,003) compared to the prior week.

When browsing for new homes in Prescott, look for Dorn-built homes that you can trust to be stylish, comfortable, convenient, and energy efficient. Dorn Homes, the most reliable among home builders in Prescott, strives to provide stylish and energy-efficient custom homes in Prescott and other prime cities in Arizona at a competitive price. We will help you pick the right location for your Arizona home. You can also expect us to work with you, respond to your queries, and help you out in any way we can.

 

Visit us at http://www.dornhomes.com/

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Dorn Homes – Creativity, Quality and Commitment


Discover why Dorn Homes remains to be the leading custom and luxury home builder in Arizona.

Dave Grounds, Dorn Homes President and CEO, believes that Dorn Homes rises above other AZ new home builders because our homes “have a soul.” We construct new homes in Tucson, Prescott, Tubac, Green Valley and other parts of South Arizona with their future owners in mind. Yes, that means YOU.

I love people and I love creating things. It (home building) is a great mixcture where we get to serve people and we get to create branad new Arizona homes. – Dave Grounds, Dorn Homes President and CEO.

As a luxury home builder in Arizona, we want customers like you to be truly involved in making their dream home. The design layouts and fixtures in new construction homes in Tucson, new homes in South Arizona and other prime locations are easy to customize to fit your needs and budget. We want the construction process to be a pleasurable experience for you. The Dorn Homes customer service is unmatched by other home builders in Tucson. You can reach us anytime as we make sure that our communication lines are always open. You can even monitor the progress of your home construction through our website.

Our business is more than just about constructing properties. Dorn Homes is also about establishing a strong builder-customer relationship and together we can build your dream home.

February Prescott AZ Real Estate Overview


Prescott, AZ – The average price per square foot in Prescott AZ is now $110, which decreased by 6% compared to the same period last year.

The median sales price for homes in Prescott AZ for Nov 2011 to Jan 2012 was $200,250 based on 350 home sales. Compared to the same period one year ago, the median home sales price decreased by 5.8% ($12,323) and the number of home sales increased by 2%.

There are currently 1,999 resale and new homes in Prescott, including 274 Prescott homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price of homes for sale in Prescott AZ was $397,848 for the week ending in Feb 15, which represents a decrease of 0.1% ($497) compared to the prior week.

When browsing for new homes in Prescott, look for Dorn-built homes that you can trust to be stylish, comfortable, convenient, and energy efficient. Dorn Homes is the most reliable and efficient among home builders in Prescott.

prescott real estate

Prescott, AZ – The average price per square foot in Prescott AZ is now $110, which decreased by 6% compared to the same period last year.

The median sales price for homes in Prescott AZ for Nov 2011 to Jan 2012 was $200,250 based on 350 home sales. Compared to the same period one year ago, the median home sales price decreased by 5.8% ($12,323) and the number of home sales increased by 2%.

There are currently 1,999 resale and new homes in Prescott, including 274 Prescott homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price of homes for sale in Prescott AZ was $397,848 for the week ending in Feb 15, which represents a decrease of 0.1% ($497) compared to the prior week.

When browsing for new homes in Prescott, look for Dorn-built homes that you can trust to be stylish, comfortable, convenient, and energy efficient. Dorn Homes is the most reliable and efficient among home builders in Prescott.

(Source: trulia.com/real_estate/Prescott-Arizona/)

Arizona acquires $1.6B in mortgage fraud settlement


Arizona officials announced a pair of settlements with large banks over allegations of improper lending and foreclosure practices that will result in more than a billion dollars of aid for struggling homeowners. Arizona’s portion of a nationwide, $26 billion settlement with the country’s five biggest lenders will be $1.6 billion—the third-largest share after hard-hit California and Florida.

Most of the money in that deal, announced Feb. 9 after negotiations by attorneys general across the country, will be paid out by lenders in the form of principal reductions—cutting the amount of money that certain borrowers are responsible for repaying on their home loans. Lenders will also dedicate part of the funds to reducing other borrowers’ interest payments and will issue $2,000 payments to people who lost homes in improperly managed foreclosures.

A second, smaller settlement with Bank of America (BofA) ends a state lawsuit over the bank’s lending practices and will fund consumer protection and future investigation of mortgage lending.

However, the national settlement will not deliver assistance to every struggling homeowner. It applies only to mortgages held by the five large lenders and does not extend to borrowers with loans backed by federal mortgage giants Fannie Mae and Freddie Mac, who make up more than half of all mortgage holders.

Still, federal officials estimate that 60,000 Arizona borrowers could see assistance with their principal or interest rates. The settlement marks the first time lenders have agreed, on any large scale, to forgive money owed by underwater borrowers.

“These settlements will help Arizona homeowners and the state’s economy that is so tied to housing,” Arizona Attorney General Tom Horne said. “I think we are holding banks accountable.”

Only borrowers with loans owned by BofA, Citigroup, the former GMAC (now known as Ally Financial), JPMorgan Chase and Wells Fargo are eligible for aid from the national settlement. The five lenders are responsible for contacting eligible homeowners in the coming month to offer assistance. For additional information, you can head over to azcentral.com.

Considering the amount of work that goes into completing a settlement, it is important to keep these things in mind. Instead of buying a foreclosed South Arizona house for sale, it is wiser to buy a new home in Arizona, especially those built by Dorn Homes, a premier Arizona home builder. Dorn-built custom homes in Arizona are stylish, comfortable, and convenient. Plus, Dorn’s Arizona custom homes are more energy efficient than pre-owned homes, reducing your expenses for utilities. Contact Dorn Homes today!

Strong Bond for Girl and Dog with Type 1 Diabetes


Tucson, AZ – Eight year-old Madalaine Hembraugh and her foster dog, Petey are living proof that the unconditional love of a dog can be an amazing source of strength and resilience for its owner. They each have Type 1 diabetes and have formed a bond that is helping to heal both.

The one-year-old Terrier-mix Petey came to the Humane Society of Southern Arizona as a stray dog. Petey was very skinny, and was barely alive with a severely injured back leg that had to be removed.

After months of treatment at the HSSA Spay & Neuter Clinic, Petey went home with Madalaine and her mom Dr. Karter Neal, veterinarian and Medical Director of the HSSA, to recover in foster care.

Madalaine and Petey test blood sugar levels each night together. Madalaine uses an insulin pump and gives Petey her excess insulin.

“It has really helped. It’s nice to have someone else who has diabetes living here,” says Madalaine.

When Madalaine was diagnosed five years ago, she was the only one in her school with diabetes. Today, six in her school have it.

“She is teaching Petey that you can live a normal life with diabetes, says Dr. Neal. “It’s amazing to see how they have responded to each other.”

Dr. Neal cautions to look out for the following signs in your pet as symptoms of Type 1 diabetes, which is most common in canines: increased urination, drinking of excessive amounts of water or sudden weight loss.

Founded in 1944, the Humane Society of Southern Arizona (HSSA) is a nonprofit charitable organization, funded solely by donations and the services they offer to the public. It does not receive government funding. It stands on its own and saves the lives of thousands more animals than all other agencies in southern Arizona combined.

The active and concerned Tucson community among new Arizona homes is the reason why home builders in Tucson invest in this flourishing state and city. Many newcomers arrive to live in the area where the weather and people are warm and accommodating. Dorn Homes, the most reliable Arizona home builder, builds quality new construction homes in Tucson that contribute to the overall living experience.

(Source: Tucsoncitizen.com)

Tucson Resident Exhibits Bravery by Taking Down Accused Thief


Tucson, AZ – Monday, January 30, Tucson resident William Sponaas took down a thief outside of the Big Lots store.

Sponaas says he saw a man trying to get away after stealing a shopping cart full of socks. While he was busy chasing after the bad guy, his daughter Mariah was back at the car calling for 911.

The two made their way across the intersection weaving through strip malls. About an hour later, Sponaas took the guy down when he tried to push Sponaas into traffic.

“I tripped his feet from underneath him and grabbed the back of his ankles and held him down,” described Sponaas.

Eventually police showed up and arrested the guy. The whole event lasted an hour. It was an exhausting experience for Sponaas, but he says he would do it again.

It is always refreshing to hear about acts of bravery because it reinforces the community spirit in Tucson. The sense of peace and order in the city is one of the reasons why many home buyers are looking into new homes in Tucson. When choosing among home builders in Tucson, call only the best and most reliable. Dorn Homes builds Tucson new homes that are stylish, comfortable, convenient, and energy efficient. Dorn Homes also ensures that clients of new construction homes in Tucson are guided in every step of the home building process.

(Source: kgun9.com)

Blood pressure checks and making new friends at Friends in Deed


Green Valley, AZ – Friends in Deed (FID), Green Valley’s oldest non-profit organization, has started a new program called “Friends in Deed Friday” where you can get your blood pressure checked and meet new friends at the same time.

Launched in early January, the Friends in Deed Friday program offers free blood pressure screenings every Friday. Participants can enjoy an assortment of treats afterwards in a room set up especially for socializing. Goodies like fresh fruits, cheeses, pastries, cookies, and coffee are just some of the free offerings.
In addition, hobbies, artwork or other crafts created by different groups and individuals are shared with the participants every Friday. Jan Travis, a miniature collector and doll-house creator, had on display her replica of St. Francis-in-the-Valley Episcopal Church at one of the screenings. The details of her church—both inside and out—made her creation a wonderful conversation starter at the event.

More recently, Don Moberg and Laura Greenfield, two members of the Green Valley Woodcarvers, a group that also meets at FID, were on hand explaining their craft to those enjoying a snack after their screening. RN Betsey Medearis helped spearhead the program, and so far it has been a hit.

The Friends in Deed Friday blood pressure screenings run from 8:30 a.m. to 10:30 a.m. every Friday at Friends in Deed, 301 W. Camino Casa Verde, Green Valley. Everyone is invited to join and free transportation from Villas East and Villas West is available by calling 625-4424. No wheelchair transportation is available at this time, however. Contact FID at 625-1150 for further information.

The sense of community among the residents of homes in Green Valley is indeed thriving. This is one of the reasons why many people opt to invest in Green Valley real estate and live in beautiful Green Valley new homes. To truly live the good life, contact the best among Green Valley home builders. Dorn Homes, the most reliable Arizona home builder, builds stylish, comfortable, convenient, and energy efficient new homes in Green Valley AZ.

(Source: Gvnews.com)

GVR’s “One Can a Payday” Makes a Difference


Green Valley, AZ – Green Valley Recreation (GVR), a non-profit organization serving Green Valley’s adult retirement community – has successfully collected food for the Green Valley-Sahuarita Community Food Bank.

Thanks to the attendees of the (GVR) Christmas party last December, as much as 213 pounds of food were collected. Food Bank donation stations can be found at GVR centers. Food collection boxes have been on display all year round. In the past, these boxes were available only during the holidays.

Recently, GVR proposed a program known as “One Can a Payday” among its employees. Around 200 items could be collected each month and donated to the Food Bank if each employee gives just one non-perishable item every payday.

Spearheading the program is GVR’s Human Resources Director Nancy Mackel. “It’s very easy to pick up one extra item while you are doing your grocery shopping,” says Mackel. She also said that GVR employees were generous enough to donate 75 pounds of food on the first day of the program. Food boxes are always ready to be filled in GVR centers.

Indeed, the sense of community in Green Valley is alive. Residents of Green Valley are always ready to help out others who are in need. This is one of the reasons why many people continue to invest in new homes in Green Valley. If you are also interested in Green Valley real estate, contact Dorn Homes – the most reliable among Green Valley home builders. Dorn-built new homes in Green Valley are stylish, comfortable, convenient, and energy efficient. One community definitely worth checking out is Dorn Homes’s new joint venture with Fairfield Homes, Solterra.

 

Grand Opening in Solterra

Source: gvnews.com

Expansion plans for Tubac Center of the Arts


Tubac Homes

According to a center official, the planned expansion of the Tubac Center of the Arts (TCA) could boost tourism when it provides a new gallery for featuring shows of well-known local painters such as Hugh Cabot, Ross Stefan and Dale Nichols.
TCA Treasurer of Board of Directors Dave Bouchein said a fundraising drive has already been started with a goal of $700,000. Thanks to one-on-one talks with donors and through bequests from two estates, $355,000 has already been raised.

“We really want it to be of the artists of this area so we can collect and present the art work of the artists who made the Santa Cruz Valley and Tubac what it is today,” Bouchein said. “We think we’re going to draw a lot of people for that. People have heard of these artists in the past and come and ask where they can see it. There is no place to see it now.”

About 3,400 square feet will be added to the present 5,800-square-foot building. The $700,000 goal will cover for the construction costs of about $560,000 and $140,000 will be added to the endowment fund to pay for operating costs. The art center already owns the land on which the expansion is planned, Bouchein said.

Since it was built in 1972, the TCA has had two additions, which include the Smith Gallery currently used for displaying art. It also has a stage for performing arts and a space in the rear of the building that is used for storage and office space.

According to Bouchein, the art center’s storage space is getting cramped. But with the expansion, the receiving and shipping for the frequently changing art shows will have more area. The small kitchen for volunteers and the aging restrooms will likewise be replaced.

Also included in the new plan are a workshop and lecture hall, meeting room, art reference library, and more office space for employees and volunteers. Handicapped access will be added outside and the front landscaping and signage will be improved.

The schedule calls for the fundraising drive to conclude at the end of May and for groundbreaking to happen in November.

Presentations to the public showing the floor plan will be shown on March 9 and March 14 at 9 a.m., or March 11 at 4 p.m. at the art center.

Tubac is known to be a haven for artists and aspiring artists. It is an ideal residential area for those who adore the arts. But even if you are not artistically inclined, there are many reasons to invest in Tubac real estate. New homes in Tubac are growing in number. The art community of Tubac has a friendly and comfy atmosphere, where anyone will feel right at home. So live in a stylish, comfortable, convenient and energy efficient Tubac custom home built only by Dorn Homes—the most reliable among home builders in Tubac.

(Source: Gvnews.com)

Trailhead named in honor of Gabe Zimmerman


Tucson AZ – A special ceremony was held on January 4th to mark the naming of the Gabe Zimmerman Davidson Canyon Trail head, in honor of the January 8th shooting victim Gabe Zimmerman. The Pima County Board of Supervisors voted unanimously back in February to name the trailhead for 30-year-old Zimmerman.

Zimmerman and his mother, Emily Nottingham, were members of the Arizona Trail Association. To pay tribute to Zimmerman’s contributions, the association put in the request for the trailhead to be named after him. Family, friends and colleagues who attended the ceremony all agree that Gabe would have been honored because he adored being in the outdoors.

“This is a really special place and I think it’s a terrific idea to have trailhead named after Gabe here. Gabe was all about connecting people with one another and himself,” Emily Nottingham said.
The Arizona Trail Association said they’ve been working to add signs and other tribute areas for Zimmerman and the other January 8th victims.

The sense of community is truly alive in Tucson. Residents are assured that they can fall back on friends and family even in the face of tragedies like last year’s shooting. This is one of the reasons behind the continuous growth of the Tucson community. Many people are investing in Tucson real estate and deciding to settle down in a new home in Tucson. If you are looking to move to Tucson, you should definitely contact Dorn Homes. Dorn Homes is the most notable among home builders in Tucson, Arizona. Dorn-built new construction homes in Tucson, Green Valley, Tubac, and Prescott are stylish, comfortable, convenient, and energy efficient.