Search like the real es­tate pros on Azhome­for­

Calgary Herald New Condos - - Recreation & Investment Properties - ALEX FRAZER-HAR­RI­SON

They’re both big, beau­ti­ful cities with bright fu­tures. Which is why you see so many Cal­gar­i­ans buy­ing homes in Phoenix, Ariz.

Sandy Mager, a li­censed agent with West USA Re­alty, and her hus­band and mar­ket­ing man­ager, Roger Mager, launched Azhome­for­ to make it easy for Cana­di­ans to find the right prop­erty.

“When they go on our web­site, they get an ac­cu­rate view of Phoenix Metro real es­tate list­ings,” says Roger. “Our web­site al­lows you to search as all real­tors do.”

The site is fully in­te­grated with the Phoenix MLS re­al­tor search en­gine.

“Any­thing on our web­site, as far as list­ings go, is cur­rent, and by the minute,” says Roger, adding they also track “AWC” list­ings. “That means there’s a bank ne­go­ti­a­tion con­tract in process, but that doesn’t mean it’s sold. It may come back on the mar­ket, as the mar­ket has tran­si­tioned from REOS (bank-owned) to ‘ short sale,’ where the banks are will­ing to work with sellers to pro­tect the own­ers’ credit.”

Roger says Phoenix is start­ing to see a turn­around in home prices. “You have been able to find 1,600- to 1,800-sq.-ft. homes for $85,000 to $90,000,” he says. “That’s still pos­si­ble, but the mar­ket is chang­ing. The deep de-lever­ag­ing is be­hind us, and avail­able Mls-listed in­ven­tory is at a 10-year low.”

At cur­rent home val­ues, “in­vestors have been able to at­tain 10 per cent gross re­turn, six to seven per cent net re­turn on in­vest­ment prop­er­ties,” says Roger, adding that the Magers also of­fer prop­erty-man­age­ment ser­vices to help buy­ers se­cure qual­ity rental tenants.

For more in­for­ma­tion, in­clud­ing a for­eign in­vestor’s guide, visit azhome­for­sale. com, or call 1-602-577-0500.

Cour­tesy Azhome­for­

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