Real Estate

Helping Another Client Find Their Perfect Home | Shelley Caniglia

March 24, 2022 by Steve Caniglia

We received a call from some longtime clients whose primary home is about an hour from Phoenix. They really wanted to buy a patio home in the North Central Phoenix Corridor to be closer to their children and grandchildren.

Because there wasn’t a specific deadline, it gave us the opportunity to really take our time, view different areas and find them a home that fit their exact needs. It was the right size, the right price and had all of their desired amenities. It even had a gate in the backyard that led to the community where their family lived.

It was truly meant to be and we couldn’t be more honored to have helped them with this meaningful purchase. If you’ve been thinking about buying but aren’t sure if you’ll be able to find “the one,” give us a call at 602-903-7220 or visit our website and let our team of award-winning agents guide you.

Sincerely,

Shelley Caniglia

A Letter from the Heart | Matt Gurule’s Journey to The Caniglia Group

February 25, 2022 by Steve Caniglia

I’ve wanted to be an entrepreneur ever since I learned that there are clothing brands that make T-shirts for $4 and sell them for $80. I began to realize that it might be difficult working for yourself, but it can also be very rewarding – and offers unlimited potential.

After working in various positions: handy man, flipping cars, making T-shirts, and several other ventures, I began to learn more about real estate while attending college at Grand Canyon University. I was fortunate enough to meet some very successful entrepreneurs during this time and it seemed like the majority of them were involved in real estate in one way or another. My curiosity grew, and I decided to take the leap into real estate.

I fully immersed myself into studying for the exam. I binge-watched YouTube videos on how to get started in real estate in my down time, and within a month, passed both Arizona real estate exams, became fully licensed, and started looking for a place to go.

As an active, adventurous kid that grew up in the heart of North Central Phoenix, I would always see the name Caniglia on “For Sale” signs in front yards. I figured someone was doing some serious business, and never thought I would have the chance to join that legendary group. Naturally, when I heard that The Caniglia Group was looking for an addition to the team, I had to put my name in the proverbial pot. After lots of smiles, handshakes, and several interviews, I got the call I was waiting for; and they offered me the job on the spot.

“The professionalism and dedication of The Caniglia Group is second to none, and I would not want to learn the ropes from anyone else.”

Fast forward five months and I’m still learning and growing but able to help the team in day-to-day activities. I love trying to find creative solutions to problems and being knowledgeable about real estate in North Central. I have always loved big, beautiful homes and I enjoy being able to see so many different examples of that. The professionalism and dedication of The Caniglia Group is second to none, and I would not want to learn the ropes from anyone else. I am honored to be part of such a hardworking and efficient team and cannot wait to see where this real estate path leads me. I look forward to getting to know you and work with you in the future!

Sincerely,

Matt Gurule

Do you have real estate questions? Our team is happy to help! Contact us at 602-903-7220.

And be sure to keep up on our real estate updates and news by following us on Facebook and Instagram !

North Central Phoenix First Quarter 2022 Market Update

February 17, 2022 by Steve Caniglia

Thanks for joining us again for a North Central Phoenix first quarter 2022 market update, everyone! We can’t believe that 2022 is flying by so quickly. The year is well underway and, so far, we’re still in a heavy seller’s market. So, what’s on the horizon? Let’s talk! We’ve got the scoop.

An Unprecedented Year

How about that unprecedented 2021? Even with extremely tight inventory in the last year, there was over 110,000 homes sold in the Valley, which is a whopping 5,000 more than in 2020. And we’re certainly still in the hot seller’s market that really took off in October of 2021. That’s why it’s no shock that 2022 started off with less home inventory than 2021 did. About 5%, in fact. However, demand has surprisingly not gone up – but instead begun to decrease a bit.

A Good Time to Buy

One thing we want buyers to keep in mind is that although the inventory is low, there really are homes available. The key is to hire a great, seasoned team that knows how to write you a clean offer. That’s because offers that will beat out the competition are key in this fast-paced market; and being prepared makes all the difference.

It’s also crucial to keep an eye on the fact that interest rates are creeping up and will likely be within the 4% range soon. Beyond that, we anticipate that values will continue to steadily increase throughout 2022.

Don’t Wait to Make Your Move

If you are able, now is the time to buy. In this market, waiting could cause you to potentially miss your opportunity to buy in this great market window. As we mentioned, interest rates are on the rise. This could allow for more inventory, but it can also decrease your buying power.

In fact, Erik himself is in the market for a ranch-style home in the North Central area. And during his journey, he’s encountered the same trials that many others have. For instance, a high market offer that he wishes he made!

The Bottom Line

While we feel like a broken record repeating ourselves about such a strong seller’s market, we cannot reiterate enough that it is an absolute great time to be a seller. But most importantly, in this market, we just have to remind both ourselves, and those looking to buy, to be patient. Even if the numbers level out, we have a while before we get back to what could be considered a “balanced” market. Please take just a few minutes to check out Steve and Erik’s market update video above to get more information about our North Central Phoenix first quarter 2022 market update. And if you’re thinking about buying, selling, or just want to know more about the market in your neighborhood, please feel free to contact us at 602-903-7220.

And don’t forget to follow us on Instagram and Facebook to keep up with all that’s happening in real estate and North Central Phoenix!

Questions You Should Be Asking Your Real Estate Agent

December 28, 2021 by Steve Caniglia

Looking to Buy or Sell But Not Sure What Questions to Ask? Keep Reading …

At The Caniglia Group, we wholeheartedly believe that a successful home buying or selling process has everything to do with the partnership between the real estate agent and the client. That means being on the same page, staying communicative and coming prepared for whatever the journey may have in store! While every situation varies and nothing is predictable, a more enjoyable time begins with asking all the questions that you can.

In our industry, there is no such thing as a wrong or “silly” question. Quite the opposite because the more everyone knows, the easier things will go throughout the entire process! While there are always questions from the real estate agent for the client, what about the other way around? What questions should you be asking your current or potential real estate agent? We sat down with our very own, real estate agent, Samantha Chiles, to help you find answers to your most common questions . Here are just some of the things you should be asking yourself as well as your real estate agent:

Question #1: “What do you know about this area and market that we are looking to buy in?”

It should seem like a no-brainer that your real estate agent should have some knowledge about the market you are interested in. But, more often than not, realtors have areas of expertise in which they focus on! With the Valley as vast as it is (and always expanding), it’s important to check and make sure that the agent you are planning on partnering with actually has the insight you need to be as informed as possible.

Question #2: “Do they have the experience and skill set to assist me in submitting strong offers?”

Remember, just because an agent hasn’t been in the industry for 100 years, doesn’t mean that they aren’t skilled enough or lack the ability to crush your offers. That’s why you also ask:

Question #3: “What do you plan on doing to help me be successful in getting my offer accepted?”

This is key in solidifying an understanding between you both about budgetary expectations and what you envision for a feasible offer.

Question #4: “Do our personalities vibe and mesh well? Do we get along cohesively?”

While you may not ask this one directly to your agent, this is a must-ask question of yourself and anyone else who may be involved – such as a partner! However, ensuring that you ask the questions above will hopefully help you get a “yes” to this one! At the end of the day when trying to sell or buy a home, you want someone who you trust and feel comfortable allowing to guide you through this huge commitment and decision. It’s not everyday that you go through this process – and it should be a happy memory to reflect on once you’ve found the home of your dreams. That’s where we come in!

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Since establishing The Caniglia Group in 1983, we have aided thousands of Phoenix families in buying and selling their homes. In fact, our company philosophy is based on the belief that our clients come first. If you are interested in living in or exploring North Central Phoenix or the North Central Corridor (as it is also affectionately called) and would like to learn more about homes available in this area, don’t hesitate to view our current listings or contact us today at 602-903-7220.

North Central Phoenix Luxury Home For Sale in 85020

October 14, 2021 by Steve Caniglia

New to Market! | Premium Location on the Murphy Bridle Path

1 E Northview Avenue, Phoenix, AZ 85020
5Beds + Office | 4 Baths | 4,325 Sq. Ft. | Offered at $1,875,000

This custom-built home located in the heart of the North Central Corridor features 5 bedrooms – plus an office – as well as 4 bathrooms! Extensively remodeled and expanded in 2007 and then remodeled again in 2012-2017.

You’ll enjoy the luxury feel of the wood floors, dual pane windows and doors, crown molding, wood plantation shutters, and numerous built-in bookshelves and storage throughout. The gourmet kitchen includes stainless steel appliances, quartz countertops and overlooks the great room. The living room features a gorgeous fireplace as well as french doors that lead into the backyard where you will enjoy the back-covered patio perfect for entertaining!

Just when you think you can’t love this North Central Phoenix luxury home more, there is the impressive master suite with a spacious walk-in closet, sitting room, and an office/gym/nursery. Near Madison Schools and close to everything from biking and hiking to incredible dining options – this is a prime location on the Murphy Bridle Path for beautiful evening strolls down Central Avenue.

This one-of-a-kind property is one you do not want to have pass you by!

For more information or to schedule a private tour, please contact Steve Caniglia at 602-301-2402.

Now Hiring! Showing Agent for The Caniglia Group at North&Co.

August 30, 2021 by Steve Caniglia

Who are we looking for?

Currently seeking awesome individual to join our dynamic, award-winning team!

If you are a licensed real estate professional who is highly sociable, resilient, optimistic and detailed, we’d love the opportunity to speak with you about joining one of the Valley’s Top Producing Real Estate Teams.

BONUS if you thrive in a fast-paced environment, are forward thinking and have a compelling desire to support the lead agent in achieving team success, while being committed to growing and developing your own skills in a fun, supportive environment.

What will you do?

As the Showing Agent, you are an integral part of the team. The Showing Agent will be available between 7am – 7pm on scheduled work days, always be on time (early), and your main priority is to show buyers properties and acquire and report all showing feedback to the lead agent.

· Assist the lead agents by showing homes to buyer clients
· Assist the lead agents by identifying homes that meet the criteria for the buyers

Essential duties and responsibilities:

· Schedule showing routes and schedule showings with listing agents
· Meeting buyer clients at homes
· Working with buyer clients to refine their needs and wants based on homes viewings
· Provide buyer clients access to homes under contract as needed for measuring, inspecting, etc.
· Promptly return all buyer client telephone calls, texts and/or emails.
· Gather and answer buyer questions about potential homes and local community information
· Regularly assure buyer clients that lead agent is involved & informed – Promote the team concept
· Keep lead agent informed on all client communications and developments (copied on all emails, texts & update notes in CRM)

Schedule and Compensation:

· Schedule is Wednesday – Sunday.
· Days off are Monday & Tuesday.
· Salaried position – Salary varies depending on experience. Brokerage fees may apply

Requirements:

The Showing Agent will have a real estate license in order to meet MLS criteria for the duties in this role

Additionally, they may be eager to earn the right to use their license to sell their own homes

How to Apply:

All interested and qualified candidates, please send a copy of your resume to collaborate@thecanigliagroup.com. For additional questions or information, please contact us at 602-903-7220. We look forward to hearing from you!

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Summer Real Estate Market 2021 | Phoenix

August 5, 2021 by Steve Caniglia

Well folks, it’s been a hot one… not just our temps, but our Summer Real Estate Market! We took a little break from our market videos to concentrate on our clients and were also lucky enough to spend a few days away with our families in cooler climates.

A Market Correction

You may have heard about a summer real estate market correction happening. Although we’ve gained inventory – an 89% increase from March 2021 to July 2021 – it hasn’t had a negative effect for sellers at all. This increase was welcome and needed, and has given buyers more options, while keeping North Central Phoenix home prices and the occurrence of multiple offers about the same.

Our Housing Shortage

So, what brought on this housing shortage in the first place? It actually isn’t all California’s fault! According to a recent study by the National Association of Realtors called ‘Housing is Critical Infrastructure’, the US has underbuilt housing for the past 20 years. There are simply not enough new homes being built to impact the inventory shortages that were a long time coming. However, we do expect to see a continued but slow inventory rise throughout the remainder of 2021.

Phoenix Home Prices

Your next question may be about how the new inventory is affecting home prices. In North Central Phoenix, prices have jumped $50 per square foot over the past few months. All stats show pricing will continue to rise but at a much slower pace.

The Bottom Line

We’re in a healthy market, and don’t see that changing any time soon! Please take a few minutes to check out Steve and Erik’s market update video to get more information about our current Phoenix market. And if you’re thinking about buying, selling, or just want to know more about the market in your neighborhood, don’t hesitate to contact us at 602-903-7220.

Luxury Home For Sale in North Central Phoenix | 5706 N Central Ave

June 28, 2021 by Steve Caniglia

5706 N Central Ave | $ Bed | 4 Bath | Bed+ 5 | 4,561 Sq Ft | Guest House | Pool | Sport Court | 6 Car Garage | Camelback Mtn Views

Welcome to 5706 N Central Ave, a luxury home for sale in North Central Phoenix. This classic hacienda midcentury ranch estate sits on a jaw dropping 47,432 sq ft flood irrigated lot. Located in the highly sought-after Rancho Solano subdivision of the North Central Corridor, meticulous and extensive remodels were completed between 2016 through 2020, retaining all the character and charm of the period.

The Main House

The main home features three bedrooms, an office and three bathrooms with 3,546 sq ft. Some of the many high-end features throughout the main house include:

wood floors
crown molding
wainscoting
two gas fireplaces
bead board paneled walls
wood beamed ceilings
custom built-in entertainment center
surround sound throughout
several large picture windows off both the front and back of the home showcasing the beautiful grounds
vintage red brick fireplace in the family room with a copper mantle

The Main Kitchen

The chef’s kitchen sports a Thermador gas cooktop with copper vent hood, two dishwashers, Monogram stainless steel side-by-side refrigerator/freezer, Electrolux double ovens, warming drawer, breakfast bar and views of Camelback Mountain! A wet bar off the kitchen features both wine and beverage refrigerators.

The Guest House

The detached guest house in this luxury home for sale is hands down one of the most impressive in all of Central Phoenix! With one bedroom, one bathroom and 1,015 sq ft, it features stained concrete flooring, two sets of French doors with one leading to the pool/spa area and the other leading to a private North facing patio and yard. Additional features include granite countertops, gas cooktop, two dishwashers, breakfast bar,and a huge hobby/storage room. The bedroom with a built-in Murphy Bed and family room are separated with fully retractable sliding glass doors and a completely remodeled bathroom.

The Backyard & Additional Details

The resort style backyard includes a pool, spa, water feature, gas fire pit and approximately 2,000 sq ft of covered back patio with high pressure misting system. A Sport Court was added in 2020. The 1,600 sq ft 6 car garage has tons of storage and is cooled by a Mastercooler. A large, covered patio area across the front of the home displays the classic Hacienda ambiance and Camelback Mountain views to the West. This incredible piece of property will blow you away and will not last long!

For more information about this luxury home for sale in North Central Phoenix, call Steve Caniglia at 602-903-7220.

Be sure to keep up on our real estate updates and news by following us on Facebook and Instagram !

Helping Another Client Find Their Perfect Home | Shelley Caniglia

A Letter from the Heart | Matt Gurule’s Journey to The Caniglia Group

“The professionalism and dedication of The Caniglia Group is second to none, and I would not want to learn the ropes from anyone else.”