t u c k e r b l a l o c k m a n a g i n g b r o k e r & c o - f o u n d e r 6 0 2 . 5 6 1 . 0 4 4 5 o l e g b o r t m a n a s s o c i a t e b r o k e r & c o - f o u n d e r 6 0 2 . 4 0 2 . 2 2 9 6 p a i d a d v e r t i s e m e n t INTEREST-ING RATES Welcome back! I hope that you were able to spend some time with your family and get out of town for a while. Here in Phoenix, it felt like a typical summer again as I enjoyed the dry heat and traveled vicariously to Europe via my friends’ instagram accounts. Fortunately, my family and I were able to escape on our own adventure to Coronado, CA for a few weeks in July. We had a blast teaching our kids (Cash, 9 and Kenzie, 6) about the Navy SEALS, eating ice cream at the Hotel Del, and enjoying our time at the beach. Not to mention, there is nothing like a 4th of July in Coronado...unbeatable. On the real estate front, we stayed engaged at The Brokery as we helped our clients understand a new market where inventory remains limited and interest rates (approx 7.5%) are becoming a hot topic. While demand has softened over the past year, the chronic lack of inventory continues to keep prices elevated. This is especially true at the upper end of the markets in Arcadia and Biltmore where buyers are less reliant on mortgages. At the upper end of the market, we still see about 60% of our transactions as cash deals and prices haven’t fallen as many had predicted. The amount of wealth in our area that has poured in from around the country over the past couple of years is something to behold and a big reason why our area continues to be resilient. The portion of the market where we are seeing the biggest interest rate impact is the $1.2mil - $2mil markets throughout the Camelback Corridor. That middle section of the market has become very expensive to own on a monthly basis for buyers looking to break into the neighborhood or upsize to a larger home. A year or two ago, homes in that price point were moving at light speed. Now, it costs that homebuyer roughly $9,000 per month to have a $1,300,000 loan. This is no longer a rising tide lifts all boats kind of market. Your home will have to be prepared for the market with curb appeal, staging, paint, and more to generate substantial activity. Additionally, agents will have to use all of their resources and be diligent in their efforts to attract the right buyer. With the recent volatility in the markets, we are making sure that our clients understand where their home currently sits in the marketplace. We are always around if you need a broker price opinion for estate planning purposes, tax purposes, or just for your general knowledge. Feel free to call me anytime at 602-561-0445 or you can email me at Tucker@TheBrokery.com to discuss anything real estate related. Have a great September and I look forward to seeing you around the neighborhood!
SEPTEMBER 2023 10 Oktoberfest at Dr. AJ Chandler Park. SATURDAY 9/2 Disaster! 5:30 p.m. at the Arizona Broadway Theatre, 7701 W. Paradise Lane, Peoria. This Broadway musical features songs from the 70s in a parody of disaster flicks. Characters are aboard a floating casino boat when catastrophes – like an earthquake, a tidal wave, an inferno and a swarm of bees – hit. Dancing, singing and trying to stay afloat are on the docket for this cast. Tickets are $95 for the show and $120 for the show + dinner. azbroadway.org Faire on the Square 9 a.m. in downtown Prescott, 120 S. Cortez St. Spend Labor Day weekend in the cool breeze of Prescott. Guests can enjoy over 100 arts and crafts vendors showcasing décor, home goods, baked goods, clothing, jewelry and more. Food will be available for purchase, plus live entertainment from the Prescott Regulators and their Shady Ladies. Admission is free. prescott.org Sippin’ with the Symphony 5-8 p.m. at Wiseman Aviation, 2650 W. Shamrell Blvd., Flagstaff. Benefitting the Flagstaff Symphony Orchestra, this wine and beer tasting comes with an immersive symphony experience. Members of the orchestra will perform, and there will be a silent and live auction, with proceeds supporting the various people assisted through FSO’s education and outreach programs. Admission is $70; $35 for under 21. flagstaffsymphony.org SATURDAY 9/9 Blues in Bisbee 12-8 p.m. at Warren Ballpark, 99 Arizona St., Bisbee. This eight-hour jam session will feature various musical acts including Sugar Thieves, Ruben Moreno Zydeco, Heather Hardy and Dusty City Blues. Food and drinks will be available, and a vendor village will also be on-site. Proceeds benefit the Easterseals Blake Foundation and its programs for those with intellectual and developmental disabilities. Tickets are $30. bluesinbisbee.com SATURDAY 9/16 Santana Tribute Concert 7:30 p.m. at Casino Arizona, 524 N. 92nd St., Scottsdale. Savor, a Santana tribute band, was formed to honor the more than 50-year career of Latin-rock legend Carlos Santana – from his self-titled album to hits with current celebs. Attendees might hear tunes like Oye Como Va, Maria, Into the Night, and more. Tickets start at $15. casinoarizona.com Fiesta de Septiembre 11 a.m.-5 p.m. at the Wickenburg Community Center, 160 N. Valentine St. This colorful, free event celebrates Wickenburg’s early Hispanic pioneers. Guests can enjoy entertainment from the Azteca de Oro Trio and Ballet Folklorico de Santa Maria. Food and beverage vendors will be on-site, and there will be salsa, guacamole, and margarita contests – guests can vote for their faves! A kids zone and photography exhibit will also be available. This event is free. wickenburgchamber.com SUNDAY 9/17 Mary Poppins 2 p.m. at the Peoria Center for the Performing Arts, 10580 N. 83rd Dr. A Sunday event that’s practically perfect in every way. TheaterWorks presents Mary Poppins, the classic tale of a nanny that uses a combination of magic and common sense to teach a family how to value and love each other again. Lots of music, lots of dancing – and lots of fun! Tickets start at $40. theaterworks.org SATURDAY 9/23 Rockin’ Taco Street Festival 12-9 p.m. at Dr. AJ Chandler Park, 178 E. Commonwealth Ave. Taco lovers unite; Rockin’ Taco has returned for its 15th year. This event boasts 20 local taco restaurants to sample from, plus lucha libre wrestling, low-riders, and live music – including a Red Hot Chili Peppers tribute band, a kids zone and eating competitions. There will also be margaritas and non-alcoholic bevvies available to wash it all down. Tickets are $15. forty8live.com Make and Take 11 a.m. at the Vision Gallery, 10 E. Chicago St., Chandler. Looking for a fun activity for the whole family? The Vision Gallery has an idea! Folks of all ages can hang out and learn how to make a DIY magazine. Express yourself using collage, drawing, cartooning – whatever you feel. This activity is free, and all supplies are provided. When you’re done, make sure to check out the art exhibits. visiongallery.org FRIDAY 9/29 SATURDAY 9/30 Standin’ on the Corner Festival 3 p.m. Friday, 11 a.m. Saturday, on the corner of 523 W. 2nd St., Winslow. The 24th annual Standin’ on the Corner event promises fun for all, with live music and entertainment, dancing, a horseshoe tournament, a corn hole tournament, a live auction, food vendors, a beer garden for the grown-ups, and a vendor village. Admission is free. standinonthecorner.org SATURDAY 9/30 Flagstaff Fadeaway 4-10 p.m. at the High Country Motor Lodge, 1000 W. Route 66, Flagstaff. Benefitting the Glen Canyon Institute, a nonprofit dedicated to the restoration of Glen Canyon, this event will host various musical acts, plus food trucks and beverages. There will also be a private dinner with Cloth & Flame available for purchase. General admission is $75; private dinner package is $260. flagstafffadeaway.com Monster Jam Pit party from 2:30-5:30 p.m., main event at 7 p.m. at State Farm Stadium, 1 Cardinals Dr., Glendale. Celebrating its 30th anniversary, Monster Jam will feature Grave Digger, Jurassic Attack, Velociraptor, Vendetta, The Black Pearl, and more battling it out in competitions of speed and skill. The Pit Party allows guests to see the trucks up close, meet drivers and crews and take pictures. Tickets are $30-$65, $20 for the pit party. monsterjam.com Somos Peoria 4-10 p.m. in Old Town Peoria, 83rd St. and Grand Ave. This festival is dedicated to celebrating Hispanic Heritage Month with live music performances by Ozomatli, Color Me Badd and Mariachi Divas. Guests can sample traditional foods, beer and margaritas, shop arts and crafts and check out activities like ballet Folklorico, a lucha libre wrestling ring and a low-rider car show. General admission is free, with VIP packages starting at $40. peoriaaz.gov Oktoberfest 1-10 p.m. at Dr. AJ Chandler Park, 3 S. Arizona Ave. The downtown Chandler Oktoberfest features drinks (German-style brews!) and grub (pretzels and brats!) from SanTan and Pedal Haus breweries. Guests will find games and contests, including stein holding, wiener toss and sausage eating and live music from Rock Lobster and the Corey Golden Band. Tickets are $20. pedalhausbrewery.com National Alpaca Farm Day 9 a.m.-3 p.m. at Desert Mirage Alpaca Ranch, 19007 W. Roadrunner Road, Wittmann. Finish out the month with funny, furry alpacas. The ranch will offer an up- close tour, picture opportunities, live demos, educational talks and lots of time to pet the alpacas. This event is free for all ages. desertmiragealpacaranch.com OUT OF THE AREA, BUT WORTH THE DRIVE WE HAVE MOVED 4600 E Shea Blvd | Suite 100 | Phoenix, AZ 85028 NW corner Tatum and Shea | West of Trader Joes 602.955.8700 • FPSAZ.com IN PRACTICE CELEBRATING EXPERT DOCTORS AND PRACTITIONERS. CONVENIENT SERVICES. EXTENDED HOURS. Our Family Caring for Yours


