Wednesday, December 23, 2009
Special Edition - Contemporary Golf Living
Designed by owner of Interior Motives, this home is perfect for a full or part-time residents.
Now offered at $1,675,000.
Sunday, December 20, 2009
Monica's Guest Post on duPont Registry's Blog!
There are many ways for real estate professionals to contribute back to the industry. Everyone has a specialty or does something that really works for them. By sharing experiences and knowledge, we can better our business as a whole...and I am all for it!
Today I was invited to write my first guest post on duPont Registry's blog.
I have been a member of duPont's online programs for a couple of years now and I will say that it has been worth the investment...at least in the way of getting exposure to my listings. But, I have also spent time getting involved with various aspects of Internet marketing that have recently been noticed. My use of Twitter has been a platform for communication with other REALTORS, Brokers and industry professionals around the world...including duPont. My blog is a way to share information about luxury real estate and the Scottsdale lifestyle. Both have allowed me to build relationships with peers and business partners (like duPont) whom I've never even met.
My online efforts have paid off. I am honored for the invitation to be a guest writer on duPont's blog. And, with some well penned thoughts...hope to continue my contribution to the luxury real estate industry.
Tuesday, December 15, 2009
Tracking the U.S. Housing Market's rise, fall and rebound
Housing market trends and forecast
Moody's Economy.com supplied the data for this interactive. Each of the five charts shows the quarterly performance of an important component of the housing market's health from first quarter 2000 through fourth quarter 2012. Data from the fourth quarter 2009 onward are forecasts by Moody's Economy.com. Seasonally-adjusted figures, or seasonally-adjusted annual rates, are used for each component to simplify comparisons.
Moody's Economy.com chose these five indicators because they show key trends in the residential housing market. Sales of new and existing homes and the national median price for existing homes are closely followed benchmarks of the demand for housing. Both sales and prices are also influenced by supply, represented here by the number of single-family homes available for sale and single- and multi-family housing starts. A large supply of houses puts downward pressure on prices. Foreclosures also push down prices by increasing the supply of low-priced houses on the market.
Currently high mortgage delinquencies and defaults point to a continuing high number of foreclosure sales the next few years. Moody's Economy.com supplied not only the forecasts, but also historical data back to 2000, using figures from the National Association of Realtors, the U.S. Census Bureau and credit-reporting firm Equifax.
Friday, December 4, 2009
Luxury Residence in Carefree Grand View Estates Reduced $500,000
This incredible European-style home was designed by a French architect and is now offered at an unprecedented price.
Warm and inviting rooms, chef's kitchen, circular den w/ city and mountain views, charming master suite and unique center courtyard offer a different experience than most homes. The views from the back patios and negative edge pool are expansive and South Facing.
Short Sale | 4 bedroom | 4.5 bath | 6060 square feet
Now offered at $1,390,000
Wednesday, December 2, 2009
The Basics: Extended Home Buyer Tax Credit 2009/2010
Bringing the Dream of Homeownership Within Reach
As part of its plan to stimulate the U.S. housing market and address the economic challenges facing our nation, Congress has passed new legislation that:
- Extends the First-Time Home Buyer Tax Credit of up to $8,000 to first-time home buyers until April 30, 2010.
- Expands the credit to grant up to $6,500 credit to current home owners purchasing a new or existing home between November 7, 2009 and April 30, 2010.
Here is more information about how the Extended Home Buyer Tax Credit can help prospective home buyers become part of the American dream. If you have specific questions or need additional information, please contact a tax professional or the Internal Revenue Service at 800-829-1040.
Click above to visit the NAR page with more information.
Wednesday, November 25, 2009
Luxury Home Magazine's Latest Issue
Friday, November 6, 2009
Mortgage Rates Near All-Time Lows
Thursday, November 5, 2009
Scottsdale Fashion Week
For all of you FASHIONISTA's...
Don't miss out. Attend Scottsdale Fashion Week at the Waterfront in Old Town Scottsdale Thursday, November 5 through Friday, November 7.
Save $ and Support A Cause
Purchase your VIP tickets through the SFW web site at http://www.scottsdalefashionweek.com and use the code "CARDON" to receive $75 off per ticket (that's only $125 to have access to the private tents and shows!).
50% of the proceeds will benefit the new Cardon Children's Medical Center at Banner Health.
Hope to see you there!
Friday, October 23, 2009
Gated Luxury in Troon Verde
Fabulous in Troon Verde - North Scottsdale - on over 2 acres. 4 en-suite bedrooms, home theater, large chef's kitchen with dining nook, den and oversized 4-car garage.
Covered patios, pool & spa with rock waterfall, putting green, pool bath and beautiful natural desert views.
Offered at $1,549,000
Monday, October 19, 2009
Friday, October 16, 2009
Green Lifestyle...Healthy Home
Sunday, September 20, 2009
NEW TO MARKET - Cactus Acres, North Scottsdale
Contemporary Masterpiece, North Scottsdale
Friday, September 18, 2009
AZ State Treasurer Dean Martin at Scottsdale Luxury Home Tour
Another great event with the Scottsdale Luxury Home Tour. On Thursday, September 17 our featured speaker was Arizona State Treasurer, Dean Martin.
Treasurer Martin spoke out the States financial situation and about the $39 billion budget he manages to pay for State services. He also spoke about the real estate market trends that he has seen from the State bank's perspective and his opinion on what lenders can do to start improving the economic climate.
Who knows....maybe we'll see him run for Governor one day.
Wednesday, September 9, 2009
Jetset Magazine's Green Issue
Saturday, September 5, 2009
Anti-Deficiency Statute SB 1271 Repealed by Governor Jan Brewer
Friday, August 28, 2009
Sneak Peak - Contemporary in Candlewood Estates
Friday, August 7, 2009
Tuesday, July 21, 2009
Exquisite Santa Barbara-style Estate in Cactus Acres
Tuesday, July 14, 2009
WOW Price in FireRock Country Club
Friday, June 26, 2009
Time to Invest in Luxury
Timing is everything. None of us have a crystal ball that tells us when to buy or when to sell. But, based on market activity, the level of sales and trending - all arrows are pointing toward "Buy Now".
Although the media portrays a different story, money is readily available to those with good credit and a down payment. Jumbo financing is still offered at reasonable interest rates and closing timeframes are still within reasonable timeframes (about 45 days).
Like any sale, when you reach the end of it, the good "stuff" is gone and the leftovers aren't so appealing. If you are considering buying (or selling) a luxury home and have been waiting for the right time, consider it now while there are still good options to choose from.
Find information about my listings at http://www.monicamonson.com or call me today.
Tuesday, June 2, 2009
Short Sale Opportunity - A Fabulous European Retreat in Carefree, AZ
This gorgeous European retreat in Carefree Grand View Estates is perched on top of the mountain surrounded by outcroppings and some of the highest views available.
Now being sold as a short sale, it's a great opportunity to purchase it as a primary or second home - or simply for investment.
WAS $3.2, NOW Offered at $2,050,000
Sunday, May 31, 2009
Monica Monson's Luxurious Living Digital Magazine | June 2009
Wednesday, May 20, 2009
Buyer Tax Credit Loan Guidance Coming Soon
HUD policy staff are "still working out the details on it," HUD spokesperson Lamar Wooley told REALTOR® Magazine today. "So we expect it to be published shortly."
The short-term loan program, which would effectively monetize the first-time homebuyer tax credit by permitting eligible lenders to make bridge loans collateralized by the borrower's expected tax credit, was announced by HUD Secretary Shaun Donovan at the Real Estate Summit NAR hosted on the opening day of its 2009 Midyear Legislative Meetings in Washington last week. At the summit, Donovan said the loans would enable FHA consumers to access the tax credit funds when they close on their home loans so that the cash could be used as a downpayment.
"FHA will permit trusted FHA-approved lenders and HUD-approved nonprofits, as well as state and local governmental entities to 'monetize' the tax credit through short-term bridge loans," Donovan said. "We think the policy is a real win for everyone, ensuring that borrowers can tap into the numerous organizations that are already part of the FHA network to receive this additional benefit. FHA will be publishing the details shortly."
It's unclear at this point what shape the guidance will take and whether authorization for the loans will be available across the board or only in states in which the state housing finance agency already has a tax credit bridge-loan program in place. There are 10 states today that have such a loan program, according to the National Council of State Housing Agencies: Colorado, Delaware, Idaho, Kentucky, Missouri, New Jersey, New Mexico, Ohio, Pennsylvania, and Tennessee. You can access details of these loan programs on the NCSHA's Web site, "First-Time Homebuyer Tax Credit Loan Programs."
When it's released, the guidance is expected to be issued as a HUD Mortgagee Letter and will likely discuss which federal, state, and local governmental agencies and nonprofit organizations will be permitted to make the loans, and whether lenders such as FHA-approved mortgagees will be permitted to make the loans. The guidance could also cover how loan amounts will be limited, what happens if repayment problems occur, and what repayment terms would look like. REALTOR® Magazine will be checking with HUD regularly on the status of the guidance and will report its availability as soon as it's issued.
—By Robert Freedman for REALTOR® Magazine
Wednesday, May 13, 2009
Luxury Estate in Cactus Acres - New to Market
Saturday, May 9, 2009
Gorgeous New Listing - Cactus Acres, N. Scottsdale
Gorgeous New Listing - FireRock Country Club
Friday, April 24, 2009
Monica Monson is now a Certified Distressed Property Specialist
Like it or not, distressed properties are not going anywhere and in my market of $1 million plus, there are certainly more to come. That's why it's so important to interview agents and choose one who can be your best guide - it's an everchanging process and takes more patience than one can imagine.
If I can be of service, give me a call!
Wednesday, April 22, 2009
Monica Monson Earns Membership in Prestigious Million Dollar Guild
Scottsdale, AZ, 2009/4/22 – Monica Monson, of Russ Lyon Sotheby’s International Realty, has been recognized by the prestigious Institute for Luxury Home Marketing for her recent performance in the million-dollar and above luxury home market within the Scottsdale.
“Real Estate professionals who have earned admittance to The Institute’s Million Dollar Guild not only have specific upper-tier market knowledge, but they also understand the unique needs of affluent buyers and sellers and recognize the importance of being discreet,” said Institute President Laurie Moore-Moore. “Whether you’re buying or selling a multi-million dollar property, you can depend upon The Institute’s Million Dollar Guild members to have the competencies necessary to help you meet your objectives.”
“To have this recognition of my accomplishments in serving Scottsdale is an honor,” said Monson. “It has strengthened my commitment to the community and its residents.”
Members of the Million Dollar Guild are Certified Luxury Home Marketing Specialists (CLHMS) who have documented their success in assisting affluent buyers and sellers with million-dollar properties. The recognition is awarded by the Institute for Luxury Home Marketing which trains real estate agents in the luxury home market and awards international designations to those who meet stringent performance standards.
Monson has been in the local real estate market since 2002 and specializes in the Scottsdale and Paradise Valley luxury markets. She is a top tier agent with extensive knowledge and years of traditional and online marketing experience. Her premium client services are unmatched in the industry.
About The Institute for Luxury Home Marketing
The Institute for Luxury Home Marketing exists to help real estate professionals around the world provide high quality service to buyers and sellers of luxury properties. Institute members have completed special training to build expertise in the marketing of upscale homes and estates and those who meet performance standards may earn the prestigious Certified Luxury Home Marketing Specialist designation. Information and an international membership list can be found at www.CLHMS.org. Members are also listed on the Wall Street Journal’s RealEstateJournal.com website.
Monica Monson Earns International Designation for Luxury Home Marketing Expertise
(Scottsdale, AZ, 4/22/09) -- Monica Monson with Russ Lyon Sotheby’s International Realty has earned the prestigious Certified Luxury Home Marketing Specialist designation in recognition of her experience, knowledge and expertise in the luxury home market. “Monica Monson is an example of a real estate professional who has worked to develop market knowledge and the special skills and competencies necessary to provide exceptional service in the fine homes and estates marketplace,” said Institute President Laurie Moore-Moore, upon announcing Monson’s designation. “Affluent buyers and sellers can turn to sales professionals who have this designation and be confident that they have special expertise and experience in the luxury home marketplace.”
“I am committed to providing outstanding service to my clients,” said Monson. “The Certified Luxury Home Marketing Specialist designation is evidence of my ability to meet the needs of affluent buyers and sellers. My membership in The Institute for Luxury Home Marketing also provides me with marketing tools and networking capabilities that benefit my clients.”
Monson is an award-winning real estate professional who has gone through special training and met performance standards in the upper tier market. She has been in real estate since 2002 and specializes in the greater Scottsdale luxury market. She is a top tier agent with extensive knowledge and years of traditional and online marketing experience.
For current information on the upper tier market, contact Monica Monson at Russ Lyon Sotheby’s International Realty, 480-250-0848, e-mail monica.monson@sothebysrealty.com or visit www.monicamonson.com.
Monday, April 20, 2009
BEST BUY in Scottsdale's Whisper Rock Estates, WAS $5.2 Million, NOW $2.85 Million!
Tuesday, April 14, 2009
Monica Published in POST Magazine
Wednesday, March 25, 2009
Wednesday, March 18, 2009
Monica's March 2009 Digital Magazine
So many great buys in Arizona!
Tuesday, March 17, 2009
Luxury Home Magazine - Monica's Front Cover Listing
Monday, March 16, 2009
Monica Monson Becomes EcoBroker Certified®
Tuesday, March 3, 2009
Immobel Partners with World's Largest Sotheby's International Realty Affiliate to Deliver MLS Listings in Thirteen Languages
CAMDEN, S.C., March 3, 2009 /PRNewswire via COMTEX/ -- Immobel ( http://immobel.com/), which translates and syndicates property listings for over 600,000 real estate professionals worldwide, has entered into an agreement with Russ Lyon Sotheby's International Realty to provide listings in thirteen languages on Russlyon.com ( http://russlyon.com/). Listings from seven Arizona Multiple Listings Services are now available on the Russ Lyon website in English, Spanish, French, Russian, Korean, Italian, Japanese, German, Vietnamese, Portuguese, Polish, traditional Chinese and modern Chinese.
Immobel translates the property listings using a proprietary system combining technology and expert human translators. The company uses human translation because it is the only way to translate property information accurately and completely.
"Having the world's largest Sotheby's International Realty affiliate as a client is another validation for our services and a signal to the rest of the industry that the global nature of today's real estate market cannot be ignored," said Janet Choynowski, Immobel's CEO. "To achieve maximum effectiveness, the marketing language of real estate should be the language of the buyer."
"We wanted to destroy all barriers to success in this market, and language was an obvious place to start," said John Vatistas, Co-Chairman of Russ Lyon Sotheby's International Realty. "Immobel has allowed us to connect with the growing number of foreign and non-English speaking American buyers more effectively than any of our competitors. That's great for them, for our sellers, and our agents."
Russ Lyon Sotheby's International Realty has over 1,000 agents serving Scottsdale, Phoenix and surrounding areas.
Immobel's property listing translation and syndication services are available to agents, brokers, Multiple Listing Services and real estate organizations.
The company provides translated property search pages for clients to use on their own websites and portals. Clients can also display their translated listings on the Immobel.com property portal, which attracts over one million unique visitors each month to view property listings in their choice of thirteen languages.
"When we work with non-English speaking buyers offline, we make sure to give them an agent with whom they can communicate effectively," continued Vatistas. "It makes sense for us to offer that experience through our website, which is likely to be the first place buyers go. Immobel has made that possible."
Concludes Choynowski, "The times are challenging but there are many opportunities for real estate leaders who look beyond their traditional approach to the marketplace. We are seeing more and more of them expanding their horizons."
About Immobel
Immobel, the leading provider of translation and international syndication for the real estate industry, was founded ten years ago by Janet Choynowski. More than sixty Multiple Listing Services and real estate organizations representing over 600,000 real estate professionals worldwide use Immobel services.
SOURCE Immobel http://immobel.com/
Copyright (C) 2009 PR Newswire. All rights reserved
Luxury Homes Are Selling in Scottsdale, Arizona
It's all about experience, connections and being "outside the box." I was lucky enough to have a great listing go Pending yesterday that was offered at $3,290,000. In my opinion, you couldn't find a better home to purchase in this price range. The quality of construction, amenities and location couldn't be beat...even in Paradise Valley.
Luxury buyers...make sure you are working with an agent who is well versed in today's opportunities and who understands what a real luxury home should offer. There are too many not-so-well-built spec homes on the market. Why settle for something that is less than par? Find the gems - be smart.
If you don't have an agent, give me a call at 480-250-0848. I'd be happy to show you what's available and what has longevity in the marketplace.
Scottsdale luxury homes are moving...are you?
Wednesday, February 25, 2009
FHA Loan Limits in Arizona Increased Today
If you are interested in information about FHA loans, contact Mark Monson, AVP, Countrywide Home Loans at 480-773-3888 for a professional consulation.
https://entp.hud.gov/idapp/html/hicostlook.cfm
Thursday, February 19, 2009
Buying Smart Secures Your Investment
Here are some things to consider when buying a luxury home in today's market:
- Location - Is the home in a desireable location? Will the location remain desireable for the next 5 to 10 years? What is happening in the community arouund the home?
- Quality - Make sure the quality of construction and materials is of the highest standard. Is the builder reputable and noteworthy?
- Price - Is the price competitive in today's down market? There are some tremendous buys, but it's worth paying more to get a superior property. Does the property for consideration warrant a higher price based on location and quality?
If investors buy smart, they will succeed in this market. Partnering with a seasoned real estate professional who is experienced with investments is crucial to that success.
Friday, February 13, 2009
Thursday, February 12, 2009
Monday, February 9, 2009
Sunday, February 8, 2009
54th Annual Scottsdale Arabian Horse Show
February 12 - 22, 2009
Westworld
For more information, visit http://www.scottsdaleshow.com/index.html
Looking for horse property? Visit my latest horse property listing at http://www.tourfactory.com/470268. Or, for other properties visit http://www.monicamonson.com.
Are Seller's Missing Opportunities to Sell?
Are Sellers (including Banks) missing the opportunities to sell now?
Here's the scenario....
- Client makes an offer to investment group well below list price; investment group declines.
- We find out the home is going into foreclosure; bank to take over on 1/28/08.
- Client offers for a 2nd time directly to the bank who now holds the note.
- Bank declines offer waiting for one that is closer to soon-to-be list price of $2.6 million.
$15,000 Homebuyer Tax Credit
Learn more about the Homebuyer Tax Credit. Who wouldn't want to take advantage of it?
http://www.google.com/hostednews/ap/article/ALeqM5gdDrWnoMueqVFI-Uo1ClxVZur22AD9652S581
Monday, January 26, 2009
Today Show - Five Biggest Real Estate Myths
http://today.msnbc.msn.com/id/26184891/vp/%20Five%20biggest%20real%20estate%20myths
Sunday, January 25, 2009
Phoenix FBR Open Starts Monday at Scottsdale's TPC
Entertainment at the Bird's Nest: http://www.phoenixopen.com/BirdsNest.asp
Check out a local favorite on Wednesday night - Zowie Bowie, http://zowiebowie.com/
Wednesday, January 21, 2009
Monica's Luxury Properties - January 2009
Monica's DigiMag
(BTW-If you are interested in creating your own digital magazine, email or call Monica for details.)
Exclusivity & Views in Carefree Ranch Homesteads, Scottsdale
Thanks to my friend & collegue, Chad Rogers of Hilton & Hyland in Beverly Hills, for referring it to me!
Wednesday, January 14, 2009
Whisper Rock Has Views
4 BD/6.5 BA/6,300 SF
A true Spanish hacienda, this property offers an amazing kitchen with casual dining, a large greatroom with dual-sided tile fireplace, media room, carriage house with view deck, and guest house. The outdoor setting includes multiple sitting areas and balconies, a negative edge pool/spa, water features, custom ironwork, built-in BBQ and dining room.
Visit monicamonson.com for more details.
Ultra Luxury Living in N. Scottsdale
5 BD/5.5 BA/8,000+ SF
This property is unrivaled with the quality construction and finest of interiors including 6 Canterra fireplaces, a dream kitchen, luxurious master suite, circular drive with private gates and motor court. Very private location. And...buyer can pick preferred Pebble-sheen color for the pool. Room/plans for guest house. Visit monicamonson.com for more details.
Friday, January 9, 2009
So Much Fun!
Sunday, January 4, 2009
Designer's Showcase
What a Deal!
Cactus Acres Pocket Listings
Pocket Listings - Coming Soon
- 5500 SF, 5 BD, Resort Backyard, Gorgeous Chef's Kitchen, Formal Living/Dining Rooms, Bonus Room, Mountain Views
- 3800 SF, 5 BD, Remodeled w/Hardwood Floors and Beautiful Finishes, Pool, Grass, 3CG
- Build Your Own - Premium lots available for sale