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Welcome to the Roosevelt Row Arts District

by The Russo Team

Welcome to the Roosevelt Row Arts District

Looking to support local art and culture in the historical downtown Phoenix area? Welcome to the Roosevelt Row Arts District! Known as “RoRo” by the locals, the Roosevelt Row Arts District is a walkable, creative district in the urban core of downtown Phoenix that is nationally known for its arts and cultural events, award-winning restaurants, galleries, boutiques and live music.

Once a run-down area filled with abandoned buildings and former crack houses, talented local artists begin utilizing the space for affordable studio and gallery space. And thanks to the arts becoming a major factor in the revitalization of the area, the Roosevelt Row Arts District has since re-emerged as one of the most dynamic areas in downtown Phoenix.

This fantastic district is fostering an urban renewal with rehabilitated bungalows and new infill projects, and connects downtown Phoenix to historic neighborhoods including F.Q. Story, Willow, Roosevelt, Historic Roosevelt and Grand Avenue just to name a few. Roosevelt Row begins at 7th Avenue and extends east to 16th Street. On the north side it begins at Interstate 10 and extends south to Fillmore Street.

Even if you’ve been before, there’s always a variety of activities, artists, and festivals to entertain even the most seasoned Phoenix natives. For upcoming events happening near the Roosevelt Row Arts District or if you’re interested in buying a home in the signs of downtown Phoenix area, please contact The Russo Team today.

Frank Russo

Russo Team

RE/MAX Professionals

www.RussoTeam.com

602-864-1200

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Professional, Prompt and Patient

by The Russo Team

Professional, Prompt and Patient

The Russo Team has helped our clients buy and sell over 5,000 homes for over thirty years in the Valley of the Sun. We’ve proudly built a foundation of success with repeat and referral business. Here’s what one of our clients had to say about their selling experience, and why they’ll be using The Russo Team again.

“Alex and I wanted to thank you for all of your help in selling our home in Arizona. We had a few REALTORS to pick from and immediately knew you would be the perfect agent to use after our initial meeting. You were by far more professional and more prompt than the others we met. We were thrilled with all of your ideas on listing our house and we were so pleased when we received multiple offers on our house two days after it went on the market. We appreciate all of your hard work and your patience with our relocation and thank you for keeping us in the loop on everything going on with our house. We will definitely be passing your information onto our friends back in Phoenix and will certainly recommend that they contact you when they are in need of a REALTOR. Thank you again for taking such good care of our house and for making the whole process seamless and stress-free.”Amy and Alex E

Looking to buy or sell your Phoenix home? The Russo Team is professional, prompt and patient will support you every step of the way to make your real estate experience better than you could have ever expected. Contact The Russo Team today if you want unparalleled service in the Greater Phoenix, Arizona real estate market. Your complete satisfaction with our service and representation is our first priority! –Frank

Frank Russo

Russo Team

RE/MAX Professionals

www.RussoTeam.com

602-864-1200

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Don’t Forget These Top 3 Home Tax Write Offs

by The Russo Team

Don’t Forget These Top 3 Home Tax Write Offs

Tax filing season is here! And tax deductions and credits are just some of the many benefits of being a homeowner. Whether you’re a new homeowner or you’ve been in your home for years, don’t forget these top 3 tax write offs.

1.) Property Taxes: Because a large part of your monthly loan payment is contributed to property taxes, you’re allowed an annual deduction if you’re a taxpaying homeowner. The deduction amount is the amount you’ve paid and includes any payments made through an escrow account. Check out the IRS site for all the property tax guidelines. 

2.) Energy Efficiency Upgrades: If you made green energy saving improvements, you could see more green on your taxes. Eco-friendly home improvements can allow you to qualify for an energy credit of 10 percent. These enhancements can include adding more efficient windows, energy saving heaters, adding Energy Star Appliances, and more. There are also extra credits for solar panels. 

3.) Mortgage Interest: The biggest tax break you have as a homeowner is your mortgage interest. A home mortgage interest deduction allows you to reduce your taxable income by the amount of interest paid on the loan which is secured by your principal residence. This deduction can also apply if you refinanced or own multiple properties.

Have questions about these top 3 tax write offs for your home or additional tax credit questions in regards to your home? We recommend consulting a professional tax planner before filing. And if you’re interested in buying a home in Phoenix or selling your Phoenix home this year, please contact The Russo Team today.

Frank Russo

Russo Team

RE/MAX Professionals

www.RussoTeam.com

602-864-1200

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The Russo Team February 2018 Newsletter

by The Russo Team

Please enjoy The Russo Team Newsletter for February 2018.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Download a full copy of The Russo Team newsletter here:  http://www.russoteam.com/agent_files/180118_RussoNewsletter_FEB18_4UP_v1.pdf

 

Frank Russo

Russo Team

RE/MAX Professionals

www.RussoTeam.com

602-864-1200

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January 2018 RE/MAX National Housing Report

by The Russo Team

January 2018 RE/MAX National Housing Report

The January RE/MAX National Housing Report shows the median home price rose 8.1 percent year-over-year, with fifty of the report’s fifty-four markets posting increases. At the same time, December sales dropped 3.3 percent from December 2016, with thirty-nine markets reporting fewer transactions. Making sales harder was a Months Supply of Inventory of 3.7 which is the lowest December figure in the nine-year history of the report. That corresponds with a 14.6 percent decline in inventory, lengthening a streak of monthly declines that began in November 2008.

Also setting a report record for December was the speed of home sales: Fifty-seven days. That figured into an overall 2017 median for Days on Market of 52.5 — nearly a week less than the 2016 median of 58.5 days.

Home buyers paid record prices in 2017, led by June’s Median Price Sold of $245,000. Prices increased year-over-year in every month of 2017, with December marking the 21st consecutive month of year-over-year price increases dating back to April 2016.

“We see the median sales price of homes across the country rising every month, year-over-year, but the days on market and the supply of homes for sale hit record lows in December,” said Adam Contos, RE/MAX Co-CEO. “If inventory keeps getting tighter across the country it’ll be interesting to see how it might affect sales.”

While sales dropped slightly from a year ago, December capped off a 2017 of record home prices, speedy sales and low inventory. Of the 54 metro areas surveyed in December 2017, the overall average number of home sales decreased 2.5 percent compared to November 2017. For more information, download your copy of the January 2018 RE/MAX National Housing Report here.

Looking to sell your Phoenix home or buy a home in Phoenix? Contact the RussoTeam today and receive a complimentary analysis of your home’s approximate present value on the market today. Your complete satisfaction with our service and representation is always our number one priority!

Frank Russo

Russo Team

RE/MAX Professionals

www.RussoTeam.com

602-864-1200

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The Russo Team Newsletter January 2018

by The Russo Team

Please enjoy The Russo Team Newsletter for January 2018.


Download the full newsletter here:  http://www.russoteam.com/agent_files/171222_RussoNewsletter_JAN18__4UP_v1.pdf

 

Frank Russo

Russo Team

RE/MAX Professionals

www.RussoTeam.com

602-864-1200

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Top 5 New Year’s Eve Superstitions

by The Russo Team

Top 5 New Year’s Eve Superstitions

New Year’s Day is a holiday celebrated all over the world with different customs and rituals. Originating over 4,000 years ago by ancient Babylonians, the holiday has since picked up its own quirky superstitions along the way. Perhaps you’ve heard of some of these or have been doing them for years! Here are the top 5 New Year’s Eve superstitions.

1.) “Kissmas” Eve: A kiss at the stroke of midnight signifies the purification into the New Year. Kissing someone dear to you at midnight will ensure affection for the next twelve months. If you happen to be alone at midnight, kissing the dog or cat would certainly work. (Thank goodness!)

2.) Noisy New Year: Crank up those poppers and noisemakers. Making deafening noise is said to drive away evil spirits from entering your life for the next year.

3.) Greens for greens: Apparently eating black-eyed peas and greens brings good luck and financial prosperity. You are to eat the peas with greens for prosperity as the peas represent good luck and the greens represent money. Yum!

4.) Let the right one in: The first person entering your home in the New Year will influence the year you’re about to have. So careful who you open your door to!

5.) Nothing in, nothing out: Nothing goes out of the house on New Year’s, or you will be losing things during the upcoming year. If your trash needs emptying, do it before midnight or on January 2nd. If you have food or anything to take somewhere on New Year’s day, have it at their house already.

Regardless of which superstitions keep the spirits at bay on New Year’s Day, The Russo Team wishes you and yours a wonderful and Happy New Year!

Frank Russo

Russo Team

RE/MAX Professionals

www.RussoTeam.com

602-864-1200

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Wishing You the Best This Holiday Season

by The Russo Team

Wishing You the Best This Holiday Season

In today’s politically correct society, you never know if saying Merry Christmas will rub someone the wrong way, or if wishing someone Happy Holidays will launch them into outrage that you didn’t wish them a Merry Christmas! This holiday season, let’s not lose too much energy worrying about hurting feelings or getting our own feelings hurt. Here are just a few ways to wish your family, friends, loved ones, co-workers and even strangers best wishes for the holiday season.

Wishing you good times, good cheer and a happy new year!

Wishing you peace, love, and joy this Holiday Season!

Wishing you and your loved ones good health, peace, joy, and prosperity this season and all seasons to come!

It’s the most wonderful time of the year! Let us celebrate by spreading goodwill and holiday cheer!

May your days be merry and bright and may you hearts be filled with light.

The true joy of the season is in the love shared with family and friends. Wishing you peace, happiness and prosperity this holiday season!

Anyway you say it, say it with love and sincerity. So whether you celebrate Hanukah, Diwali, Kwanza, Ramadan or Festivus, The Russo Team wishes you the best this holiday season. Happy Holidays and Merry Christmas!

Frank Russo

Russo Team

RE/MAX Professionals

www.RussoTeam.com

602-864-1200

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December 2017 REMAX National Housing Report

by The Russo Team

December 2017 REMAX National Housing Report

November became the sixth month of 2017 to post an increase in year-over-year home sales, bucking prolonged trends of home price increases and inventory declines, according to the December RE/MAX National Housing Report.

The sales increase of 1.1 percent came on the strength of increased transaction closings in thirty-six of the report’s fifty-four markets. At the same time, buyers felt increasing headwinds as the Median Sales Price rose to $227,500 and marked the 20th consecutive month of year-over-year home price increases. In fact, the Median Sales Price has increased year-over-year in sixty-nine of the last seventy months dating back to February 2012.

“The end of the year is typically a slower selling season with low inventory, but our numbers are telling a different story,” said Adam Contos, RE/MAX Co-CEO. “We don’t see any sign of home buyers slowing down their house hunting. In fact, many are taking advantage of lower competition for available homes in the ‘slow season.’”

November's inventory decline of 14.5 percent extended the streak of consecutive months of fewer homes on the market to 108. The current streak started nine years ago, in November 2008, shortly after the RE/MAX National Housing Report was introduced. Setting new report lows for November were Days on Market at 54 and Months Supply of Inventory at 3.6

 In November 2017, the median of all 54 metro Median Sales Prices was $227,500, up 1.7 percent from October 2017 and up 3.7 percent from November 2016. Only five metro areas saw a year-over-year decrease in Median Sales Price. Download a copy of the December 2017 RE/MAX National Housing Report here.

Looking to sell your Phoenix home or buy a home in Phoenix? Contact the RussoTeam today and receive a complimentary analysis of your home’s approximate present value on the market today. Your complete satisfaction with our service and representation is always our number one priority!

Frank Russo

Russo Team

RE/MAX Professionals

www.RussoTeam.com
602-864-1200

Search the MLS Now!

Join us on Facebook and Twitter

 

Top 3 Reasons to Buy a Home During the Holidays

by The Russo Team

Top 3 Reasons to Buy a Home During the Holidays

The holidays are here and this is the time known for spending money on all things festive: gifts, celebrations, and more. So why shouldn’t buying a home be on your holiday shopping list as well? Though selling a home in the winter is a traditionally sluggish time in the real estate market, you’d be surprised what you could find. Here are the top 3 reasons to buy a home during the holidays.

1.) Top Notch Deals: Homeowners who are selling in wintertime are likely to be looking to sell quickly and move on. And motivated sellers usually mean more negotiation and better deals.

2.) New Year Savings: Under current law, homeowners can itemize and deduct the interest paid on their mortgages up to the first $1 million, if their loan is used to buy or improve a first or second home. If you end up closing on a new home at the beginning of the New Year, you’ll be able to take a deduction on an entire year’s worth of mortgage interest.

3.) Less Competition: Though spring is typically thought of as the most popular home buying season, so winter home buying may provide you with less competition as you search for your perfect home. Most buyers take the month off to celebrate the holidays, attend parties, host out-of-town guests and, quite frankly, avoid trudging around in inclement weather to look at houses. Shopping for real estate at a time when fewer buyers are in the market can pay off big.

Are your ready to buy a home this holiday season? Let The Russo Team guide you every step of the way through the real estate experience.

Frank Russo

Russo Team

RE/MAX Professionals

www.RussoTeam.com
602-864-1200

Search the MLS Now!

Join us on Facebook and Twitter

Displaying blog entries 1-10 of 412

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