September 2019
Local Upcoming Events

Ongoing Calendar of Concerts

Event Calendar

Multiple Gallery Locations
Next Upcoming Date: Friday, September 6 2019
On Friday, September 6, 2019, from 5pm-8pm the Sedona 
Gallery Association invites you to support and enjoy the arts 
during 1st Friday in the Galleries. 
Time: 5:00 PM to 8:00 PM
Admission: Free

Posse Grounds Amphitheater
2030 W State Route 89A Ste A3 Sedona, Arizona
Next Upcoming Date: Friday, September 6 2019
The Northern Arizona Blues Alliance (NAZBA) presents 
the Sedona Red Rockin' Blues 2 Festival, September 6 and 7! 
Time: From: 7:00 PM Friday, noon - 6:00PM Saturday
Admission: $20 Friday evening, FREE on Saturday

Yavapai College Performing Arts Center
1100 East Sheldon Street Prescott, Arizona
Next Upcoming Date: Sunday, September 8 2019
Join LeAnn as she shares her biggest hits, up-close and acoustic.
Time: 7:00 PM to 9:30 PM
Admission: Tickets from $45

3500 E Bill Gray Rd Cottonwood, Arizona
Next Upcoming Date: Saturday, September 14 2019
Set your intentions for health, happiness and peace alight! 
The Full Moon Lantern Festival is an opportunity to relax 
and rejuvenate under the radiant energy of the full moon 
and express your gratitude through the wish lantern floating  ceremony. 
Time: 2:00 PM to 9:00 PM
Admission: Event is Free, Fee for dinner, lanterns, and classes

The Muse Gallery
735 N Main Street Cottonwood, Arizona
Next Upcoming Date: Saturday, September 14 2019
Sept 14th Old Town Cottonwood Food Truck Wine Fest
Admission: $25 (gives you $25 in vendor $$)
Time: 4:00 PM to 9:00 PM

Scottsdale Quarter
15059 N. Scottsdale Rd. Ste. 120 Scottsdale, Az
Hosted By: Scottsdale Quarter
Date: September 7, 2019 To October 26, 2019
Recurring Weekly On Saturday
Time: 5:00 Pm To 7:00 Pm
Price: Free

Westworld Of Scottsdale
16601 N. Pima Road Scottsdale, Az, Az
Date: September 13, 2019 To September 15, 2019
Recurring Daily
Time: 8:00 Am To 4:00 Pm
Price: $8-$65

Odysea Aquarium
9500 E. Via De Ventura Scottsdale, Az
Hosted By: Odysea Aquarium
Date: September 14, 2019
Time: 5:00 Pm To 8:00 Pm
Price: Free

Eldorado Park
2311 N. Miller Road Scottsdale, Az
Date: September 20, 2019 To September 22, 2019
Recurring Daily
Phone: (480) 312-0217
Time: 5 P.M.-9 P.M.
Price: Free

Riverview Park
2100 W. Rio Salado Parkway Mesa, Az
Date: September 21, 2019
Phone: (480) 529-1419
Time: 4:00 Pm To 10:00 Pm
Price: $25

Metro Phoenix home prices set new record, still no signs of a crash

Arizona Republic 
Catherine Reagor | July 13, 2019

Buyers hoping for metro Phoenix home prices to fall this year as they are in some other U.S. cities have been disappointed.
The Valley's housing market is still hot with prices setting new records and sales soaring. Real estate experts don't see signs of a crash looming.

"It's not happening" said Tina Tamboer, senior housing analyst with the Cromford Report, about a potential plummet in the area's home prices. She told nearly 200 Valley HomeSmart real-estate agents Tuesday that, thanks in part to lower interest rates, demand for metro Phoenix homes began climbing again in March.

Still a sellers' market

Metro Phoenix's median home price hit a new record of $278,000 in May and likely climbed to $280,000 or more in June, according to the latest report from the Information Market, owned by the Arizona Regional Multiple Listing Service.

Valley home sales hit 10,341 in May, the highest monthly tally since the housing boom in 2005. Mortgageinterest rates are down from nearly 5% last November to 3.75%. And the supply of Valley homes for sale priced below $400,000 is down, after climbing in January.

"It's still a sellers' market, but people need to be reasonable and not crazy about pricing their home," said veteran agent Bobby Lieb, who held the HomeSmart meeting.  He has seen several Arizona real-estate cycles and doesn't see a crash coming either.

August Real Estate Roundup

Realty Times
Realty Times Staff | August 27, 2019

Freddie Mac's results of its Primary Mortgage Market Survey® shows that "The drop in mortgage rates continues to stimulate the real estate market and the economy. Home purchase demand is up five percent from a year ago and has noticeably strengthened since the early summer months, while refinances surged to their highest share in three and a half years. Households that refinanced in the second quarter of 2019 will save an average of $1,700 a year, which is equivalent to about $140 each month. The benefit of lower mortgage rates is not only shoring up home sales, but also providing support to homeowner balance sheets via higher monthly cash flow and steadily rising home equity."
  • 30-year fixed-rate mortgage (FRM) averaged 3.55 percent with an average 0.5 points for the week ending August 22, 2019, down from last month when it averaged 3.75 percent. A year ago, at this time, the 30-year FRM averaged 3.98 percent.
  • 15-year FRM this week averaged 3.03 percent with an average 0.5 points, down from last month when it also averaged 3.18 percent. A year ago, at this time, the 15-year FRM averaged 4.02 percent.
  • 5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 3.32 percent this week with an average 0.3 points, down from last month when it averaged 3.47 percent. A year ago, at this time, the 5-year ARM averaged 3.82 percent.

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Pauline Roth
REALTOR©, Certified ECO Broker©

928.830.2774    |    |