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O'Keith Judish's Blog

By O'Keith Judish | Agent in Surprise, AZ
  • Sales of new single-family homes for December 2013

    Posted Under: Home Buying in Phoenix, Home Selling in Phoenix, Credit Score in Phoenix  |  February 26, 2014 8:11 PM  |  126 views  |  No comments
    Sales of new single-family homes for December 2013 came in at a seasonally adjusted annual rate of 414,000. This is 7.0% below the revised number for November, but 4.5% above the December 2012 figure of 368,000.

    Mortgage rates are likely to be influenced by the Federal Reserve meeting this week with its policy announcement due on Wednesday. It is widely anticipated that the Fed will reduce its bond purchases by another $10 billion per month.

    A decision not to continue the taper may indicate the Fed has lost a little bit of faith in the economy™s ability to grow without support. The GDP estimate for Q4 is scheduled for release on Thursday and is estimated to come in at 3.0%.


  • 10 Tips for Moving With Pets

    Posted Under: Quality of Life in Phoenix, Home Selling in Phoenix, Rentals in Phoenix  |  September 7, 2013 2:13 PM  |  485 views  |  No comments
    Moving to a new home can be stressful on your pets, but there are many things you can do to make the process as painless as possible. O'Keith from Arizona Premier Realty in Surprise, AZ., offer these helpful tips for easing the transition and keeping pets safe during the move.
        
    1.    Update your pet’s tag. Make sure your pet is wearing a sturdy collar with an identification tag that is labeled with your current contact information. The tag should include your destination location, telephone number, and cell phone number so that you can be reached immediately during the move.
        
    2.    Ask for veterinary records. If you’re moving far enough away that you’ll need a new vet, you should ask for a current copy of your pet’s vaccinations. You also can ask for your pet’s medical history to give to your new vet, although that can normally be faxed directly to the new medical-care provider upon request.

    Depending on your destination, your pet may need additional vaccinations, medications, and health certificates. Have your current vet's phone number handy in case of an emergency, or in case your new vet would like more information about your pet.
        
    3.    Keep medications and food on hand. Keep at least one week’s worth of food and medication with you in case of an emergency. Vets can’t write a prescription without a prior doctor/patient relationship, which can cause delays if you need medication right away. You may want to ask for an extra prescription refill before you move.

    The same preparation should be taken with special therapeutic foods — purchase an extra supply in case you can't find the food right away in your new area.
        
    4.    Seclude your pet from chaos. Pets can feel vulnerable on moving day. Keep them in a safe, quiet, well-ventilated place, such as the bathroom, on moving day with a “Do Not Disturb! Pets Inside!” sign posted on the door.

    There are many light, collapsible travel crates on the market if you choose to buy one. However, make sure your pet is familiar with the new crate before moving day by gradually introducing him or her to the crate before your trip. Be sure the crate is well-ventilated and sturdy enough for stress-chewers; otherwise, a nervous pet could escape.
        
    5.    Prepare a first aid kit. First aid is not a substitute for emergency veterinary care, but being prepared and knowing basic first aid could save your pet's life. A few recommended supplies: Your veterinarian's phone number, gauze to wrap wounds or to muzzle your pet, adhesive tape for bandages, non-stick bandages, towels, and hydrogen peroxide (3 percent).

    You can use a door, board, blanket or floor mat as an emergency stretcher and a soft cloth, rope, necktie, leash, or nylon stocking for an emergency muzzle.
        
    6.    Play it safe in the car. It’s best to travel with your dog in a crate; second-best is to use a restraining harness. When it comes to cats, it’s always best for their safety and yours to use a well-ventilated carrier in the car. Secure the crate or carrier with a seat belt and provide your pet with familiar toys. Never keep your pet in the open bed of a truck or the storage area of a moving van. In any season, a pet left alone in a parked vehicle is vulnerable to injury and theft. If you’ll be using overnight lodging, plan ahead by searching for pet-friendly hotels. Have plenty of kitty litter and plastic bags on hand, and keep your pet on its regular diet and eating schedule.
        
    7.    Get ready for takeoff. When traveling by air,check with the airline about any pet requirements or restrictions to be sure you’ve prepared your pet for a safe trip. Some airlines will allow pets in the cabin, depending on the animal’s size, but you’ll need to purchase a special airline crate that fits under the seat in front of you. Give yourself plenty of time to work out any arrangements necessary including consulting with your veterinarian and the U.S. Department of Agriculture. If traveling is stressful for your pet, consult your veterinarian about ways that might lessen the stress of travel.
        
    8.    Find a new veterinary clinic and emergency hospital. Before you move, ask your vet to recommend a doctor in your new locale. Talk to other pet owners when visiting the new community, and call the state veterinary medical association (VMA) for veterinarians in your location. When choosing a new veterinary hospital, ask for an impromptu tour; kennels should be kept clean at all times, not just when a client’s expected.

    You may also want to schedule an appointment to meet the vets. Now ask yourself: Are the receptionists, doctors, technicians, and assistants friendly, professional and knowledgeable? Are the office hours and location convenient? Does the clinic offer emergency or specialty services or boarding? If the hospital doesn’t meet your criteria, keep looking until you’re assured that your pet will receive the best possible care.
        
    9.    Prep your new home for pets. Pets may be frightened and confused in new surroundings. Upon your arrival at your new home, immediately set out all the familiar and necessary things your pet will need: food, water, medications, bed, litter box, toys, etc. Pack these items in a handy spot so they can be unpacked right away.

    Keep all external windows and doors closed when your pet is unsupervised, and be cautious of narrow gaps behind or between appliances where nervous pets may try to hide. If your old home is nearby, your pet may try to find a way back there. To be safe, give the new home owners or your former neighbors your phone number and a photo of your pet, and ask them to contact you if your pet is found nearby.
        
    10.    Learn more about your new area. Once you find a new veterinarian, ask if there are any local health concerns such as heartworm or Lyme disease, or any vaccinations or medications your pet may require. Also, be aware of any unique laws. For example, there are restrictive breed laws in some cities. Homeowner associations also may have restrictions — perhaps requiring that all dogs are kept on leashes.

    If you will be moving to a new country, carry an updated rabies vaccination and health certificate. It is very important to contact the Agriculture Department or embassy of the country or state to which you’re traveling to obtain specific information on special documents, quarantine, or costs to bring the animal into the country.
  • Home prices continue to rise in Phoenix

    Posted Under: Home Buying in Phoenix, Financing in Phoenix, Rentals in Phoenix  |  August 31, 2013 9:00 PM  |  469 views  |  No comments

    TEMPE, Ariz. -- The median price for a single-family home went up 26.7 percent – from $150,000 to $190,000 – between June 2012 and this June, according to a new report from the W. P. Carey School of Business at Arizona State University.

    The report also found that rising interest rates don’t appear to be stopping the big comeback in the Phoenix-area housing market.

    The report finds that the limited supply of homes on the market is the primary reason for the rise in prices, with multiple bids being offered for most resale homes in the lower price ranges.

    The luxury market is also showing tremendous gains, with sales higher this summer than for any of the last six years.

    “Access to finance at the high end of the market has improved recently with more lenders offering jumbo loans,” said the report’s author, Mike Orr, director of the Center for Real Estate Theory and Practice at the W. P. Carey School of Business. “Along with good returns from the stock market, this has strengthened a recovery in the luxury market, where sales volumes were back to 2007 levels in June.”

    Overall, the Phoenix-area market had 11,178 active single-family-home listings available without an existing contract as of July 1. However, about 84 percent of those were priced above $150,000, leaving just 26 days worth of inventory for buyers at the lower end of the market.

    New-home builders aren’t completing houses fast enough to make a big dent in the supply problem. While analysts expected 17,000 construction permits to be issued this year, the area is only on track to have about 12,500.

    “Current new-home sales rates are less than a third of what would normally be needed to keep up with the current population growth in the area,” says Orr. “Census estimates show that between 2010 and 2012, the combined population of Maricopa and Pinal counties grew by 2.9 percent, while the number of dwelling units – both owned and leased – grew by just 1 percent. Tight lending standards and a shortage of construction labor are two reasons for this.”

    The Phoenix area is also seeing less cheap, “distressed” supply coming onto the market. Completed foreclosures on homes and condos in June were down 61 percent from last June. Foreclosure starts – owners receiving notice their lenders may foreclose in 90 days – were down 64 percent. Foreclosure starts finally just dipped back below “normal” historical levels for the area this June.

    Institutional investors are showing less interest in the Valley as bargains are more readily available in other areas of the country. The percentage of Maricopa County homes and condos acquired by investors, including mostly “mom and pop” investors, was down from 34.9 percent last June to 26.7 percent this June. However, the area is still seeing a lot of all-cash home purchases. In fact, 44 percent of the Maricopa County property transactions under $150,000 were all-cash deals this June.

    “For those who need mortgages, there has been much talk of rising interest rates and the effect this might have on demand,” adds Orr. “Rising rates have certainly reduced the motivation to refinance existing loans, but they have also sped up purchases by some buyers who want to lock in prices and rates. Still, other buyers will stop to reconsider their options, likely causing a pause in new contract signings in July and August, but I expect normal activity to resume in October.”

    Rental activity remains strong, with relatively low vacancy rates and no surge in vacancies expected. Orr says the supply of rental homes in the Phoenix area represents just about two months of inventory, and there’s fast turnover.

    “President Obama referred to his objective of making it easier for middle-class renters to qualify for home loans, when he visited Phoenix on Aug. 6,” says Orr. “The low-end market will depend to a considerable extent on whether he can make this happen through the actions of the Federal Housing Administration, Fannie Mae and Freddie Mac.”

    Ready to start looking for a new house? Get inspired by these gorgeous New homes:

    Homes for sale with pools in Phoenix Arizona


  • Homeownership Becoming Top Priority For Renters

    Posted Under: Home Buying in Phoenix, Financing in Phoenix, Rental Basics in Phoenix  |  August 29, 2013 7:57 AM  |  532 views  |  No comments

    An increasing amount of Americans are finding that renting their home has become old news, and that homeownership is moving its way to the top of their futures “to-do list”. According to a survey from the National Association of Realtors, renters are thinking more about purchasing a home now than in past years, while the number of people who say they prefer to rent has declined.

    Gary Thomas, NAR President, stated “Homeownership matters to Americans who consistently realize the many benefits it provides to communities, families, and the nation’s economy”. The same survey mentioned above found that eight in 10 Americans believe buying a home is a good financial decision and more than two-thirds (68 percent) said now is a good time to buy a home.

    Not only has there been an increase in the desire to purchase more homes,  for Americans overall attitude towards the housing market has also improved over the years. In fact, nearly four in 10 Americans reported an increase in activity within their local housing market in the past year. The American outlook on the national economy has also taken an upturn, illustrated by a 13 percent decrease in concerns over job layoffs from 2011 and concerns over distressed properties have went from a “very big problem” to a “fairly big problem”.

    Unfortunately, the financial issues that have haunted Americans for years and that have kept them from becoming homeowners still remain the same. Thomas stated, “Student loan debt is a concern for many consumers in today’s market, especially first-time buyers. Buyers with student loan debt may find it difficult to access mortgage credit, as well as save for a down payment.”

    This statement could be directed towards the millennial generation that consists of those between the ages of 18-34, most of which have recently graduated college and unable to find a job because of current economic conditions.

    Check out the National Association of Realtor’s full report here. 

  • 4 Bed, 2 Bath Home for Rent in Surprise

    Posted Under: For Rent in Phoenix, Rentals in Phoenix  |  August 28, 2013 6:40 AM  |  416 views  |  No comments
      • Great Home in a Really nice Neighborhood! Can be 4 bedroom if needed it is set up as 3 and a Den

        Full Details
        http://www.askokeith.com/listing/mlsid/8/propertyid/4986464/

        Click on photo to see more photos!

        Bedrooms: 4
        Total Baths: 2
        Year Built: 2003
        Sq. Feet: 1647
        Garage: 2

        Listing courtesy of: Realty ONE Group

        O'Keith Judish, Full Service REALTOR® & Property Manager with Arizona Premier Realty Homes & Land LLC
        Call \ Text: 623-224-7956


        O'Keith Judish - Agent at Arizona Premier Realty - #askokeith

  • Custom Homes For Rent in Litchfield Park

    Posted Under: In My Neighborhood in Phoenix, For Rent in Phoenix, Military Movers in Phoenix  |  August 19, 2013 8:20 AM  |  492 views  |  No comments


    Homes for rent in Litchfield Park. View Photos, Maps, Schools, & More!
    http://gojomovers.com/8294566513981169028.html

    O'Keith Judish, Full Service REALTOR® with
    Arizona Premier Realty Homes & Land LLC
    Call \ Text: 623-224-7956


    O'Keith Judish - Agent at Arizona Premier Realty - #askokeith

  • Just listed Sun City West, AZ - 2 Bed 2 Bath home for rent

    Posted Under: For Rent in Phoenix, Rentals in Phoenix  |  August 14, 2013 8:15 PM  |  320 views  |  No comments

    Homes for rent in Sun City West, AZ. View Photos, Maps, Schools, & More!

    http://goodconversion.com/5564225912836604061.html

    Please call O’Keith at 623-224-7956 for more information or to schedule a showing.

    We are available by appointment on weekends and evenings.

     

    ARE YOU LOOKING TO RELOCATE TO ARIZONA

    CALL US TODAY AT 623-224-7956 WE CAN HELP…

    ASK ABOUT OUR ONLINE VIDEO TOUR’S

    See what people are saying about O’Keith:

    http://www.trulia.com/profile/okeith/recommendation/

    O’Keith Judish

    Call \ Text: 623-224-7956
    O’Keith Judish licensed Full Time REALTOR® with Arizona Premier Realty

    7200 W. Bell Road Ste I-400 Glendale, AZ 85308

    #askokeith

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