MARKET WATCH: UPDATE1.1 Million U.S. Properties with Foreclosure Filings in 2014,

Down 18 Percent From 2013 to Lowest Level Since 2006IRVINE, Calif. – RealtyTrac® (www.realtytrac.com), the nation’s leading source for

comprehensive housing data, today released its Year-End 2014 U.S. Foreclosure Market Report™, which shows foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 1,117,426 U.S. properties in 2014, down 18 percent from 2013 and down 61 percent from the peak of 2,871,891 properties with foreclosure filings in 2010. The 1.1 million properties with foreclosure filings in 2014 was the lowest annual total since 2006, when there were 717,522 properties with foreclosure filings nationwide.

The report also shows that 0.85 percent of all U.S. housing units (one in every 118) had at least one foreclosure filing in 2014, the first time since 2006 that the annual foreclosure rate has been below 1 percent of all housing units.

“The U.S. foreclosure numbers in 2014 show a foreclosure market that is close to finding a floor and stabilizing at a historically normal level,” said Daren Blomquist vice president at RealtyTrac. “But a recent surge in foreclosure starts and scheduled foreclosure auctions in several states in the last few months of 2014 indicate that lenders are gearing up for a spring cleaning of deferred distress in the first half of 2015 in some local markets.”

BASEMEN

T!

VISTANCIA VILLAGE TRILOGY

Call Jay at 623-451-0443 to schedule showing or tour this home on your phone: Text LBR3128 to 878787 or go to

www.30488n126thdrive.utour.me

SPIRITUS

Call Jay at 623-451-0443 to schedule showing or tour this home on your phone: Text LBR2374 to 878787 or go to

www.12419wbajadaroad.utour.me

5 BEDROOMS

PHOENIX CHANDLER

Call Jay at 623-451-0443 to schedule showing or tour this home on your phone: Text LBR5742 to 878787 or go to

www.25121n55thdrive.utour.me

REMODELE

D

Call Jay at 623-451-0443 to schedule showing or tour this home on your phone: Text LBR2378 to 878787 or go to

www.1248ecindystreet.utour.me

WINTER 2015

FREE Tool for Buyers!See ANY

LISTING on your phone including

photos, details, pricing

and tours WITH

AUDIO!TEXT

JAYPATEL to

(602) 277-3111 and the

link will be automatically

texted!

Nothing brings a community closer than its members offering help and comfort during stress-ful times. Sometimes the stress is positive, such as when welcoming a new baby. Other times, it comes when managing an illness, spousal deploy-ment, injury, or even the passing of a loved one.

The stress experienced by unpacking and start-ing over in a new neighborhood can also be sig-nificant. One thing we know for sure is that new neighbors’ cupboards are often bare for at least the first few days. What better way to say, “Welcome to the neighborhood” than to walk over with a delicious hot meal.

My wife, Becky, and I have recently started using Food Tidings, a free online tool that allows users to help family, friends, neighbors and com-munity in times of need. It does this by enabling the simple setup and management of meal support schedules. The schedule is created based on the recipient’s needs such as family size, food aller-gies, and food preferences. The newly created schedule can be e-mailed, shared via social media, or added to message boards so that family, friends and new neighbors can sign up to take a meal. In addition, the newly created Food Tidings Shoppe allows those living out of town to have a chef-pre-pared, home-cooked meal delivered right to the recipient’s door.

We realize that starting over in a new neigh-borhood can be challenging. When someone breaks the ice and shares a meal, it can be the beginning of a great relationship! Providing a meal benefits the giver as much as the receiv-er. It’s one of those opportunities that can truly realign one’s perspective and provide a reminder of what community is truly all about.

If you are interested in helping or know someone who would benefit from this

program, please contact Jay at 623-451-0443 or

info@KeyToAzHomes.com

Proud Sponsor of Food Tidings

JAY PATEL REAL ESTATE TEAM

Programs Offered to Jay’s Home Sellers:CASH OFFER IN 1 DAY — GUARANTEED!*BUY A HOUSE WITH ME & WE WILL BUY YOURS FOR CASH!*IF NOT 100% SATISFIED, FIRE ME!* *Some Conditions Apply

Call Jay at 623-451-0443 to find out more about these great programs!

SELLERS:

FIVE STARS!“I came to Jay Patel as an out-of-state stranger looking to buy a second home in northwest Phoenix. I picked Jay as my ini-tial real estate contact as a matter of dumb luck, just browsing agent internet profiles. Incredibly lucky move for me! Jay turns out to be an absolute expert on the area, and he has an ideal ‘sales technique’ for me: no ‘sell’ at all. He takes you to prop-erties and allows you to make your own decisions (no pressure or ‘steering’ of any kind); but is always on hand to give you intelligent answers to questions as they arise. I sensed from the beginning that Jay was honest and candid. If a property had flaws, he was the first to point them out. I came to rely on his expertise and integrity. Jay also has great post-sale follow-up: He is an encyclopedia for area home contrac-tors. He knows everybody -- and even his competitors have great things to say about him. I’ve been buying and selling homes for 25 years -- and I’ve never enjoyed a better agent-client relationship.” —Ben L.

STRONG NEGOTIATOR“We moved to Phoenix, and are from out of state - not so familiar with the areas around Phoenix, we depended upon Jay for many of his opinions on areas, schools, future growth etc. Jay was an excellent Realtor - he listened to our requirements, showed us listings that we were interested in, and helped us through the entire pro-cess. he was always organized, and was one step ahead of us in explaining what was coming next, and what we should do to prepare for it. during negotiations, he was strong, and walked the fine line of art-ful negotiation. I would rec-ommend him and would use him again in my next transac-tion.” —Ed W.

SOME OF OUR RAVING FANS

29996 N 120TH DR | 4 BR, 2 BA, 1,799 SF

SOLD FOR $210,000

VISTANCIA

VILLAGE

SOLD IN 1 DAY

(623) 451-0443e-mail: Jay@KeyToAzHomes.comwww.KeyToAzHomes.com

Attorney At Law (AZ / NJ / PA)

Juris Doctor

Specializing in Northwest Phoenix Valley Since 2003 BUY F SELL F RENT F INVEST

Each office independently owned and operated

F

SOLD BY

JAY!

BLACKSTONE AT VISTANCIA

12113 W DESERT MIRAGE DR2 BR, 2.5 BA, 2,228 SF

SOLD FOR $305,000

SOLD BY

JAY!

HAPPY VALLEY ESTATES

4716 W SWEET IRON PASS4 BR, 4.5 BA, 3,525 SF

SOLD FOR $385,000

SOLD BY

JAY!

VISTANCIA VILLAGE

31283 N 133RD LN5 BR, 3.5 BA, 3,721 SF

SOLD FOR $430,000

SOLD BY

JAY!

VISTANCIA VILLAGE

12081 W MORNING VISTA LN5 BR, 3.5 BA, 4,665 SF

SOLD FOR $425,000

SOLD BY

JAY!

VISTANCIA VILLAGE

12390 W EAGLE RIDGE LN5 BR, 3.5 BA, 3,841 SF

SOLD FOR $350,000

SOLD BY

JAY!

MIRABEL VILLAGE

10840 E SCOPA TRL4 BR, 3.5 BA, 3,238 SF

SOLD FOR $825,000

SOLD BY

JAY!

VISTANCIA VILLAGE

13351 W VIA CABALLO BLANCO4 BR, 3.5 BA, 2,911 SF

SOLD FOR $416,000

SOLD BY

JAY!

TRILOGY AT VISTANCIA

26736 N 128TH DR2 BR, 2 BA, 2,193 SF

SOLD FOR $331,000

SOLD BY

JAY!

VISTANCIA VILLAGE

13211 W CREOSOTE DR3 BR, 2.5 BA, 2,102 SF

SOLD FOR $232,500

SOLD BY

JAY!

STETSON VALLEY

5420 W EL CORTEZ TRL4 BR, 3.5 BA, 2,810 SF

SOLD FOR $319,000

SOLD BY

JAY!

BLACKSTONE AT VISTANCIA

31498 N 129TH DR4 BR, 3 BA, 3,119 SF

SOLD FOR $423,550

SOLD BY

JAY!

VISTANCIA VILLAGE

12402 W MORNING VISTA LN4 BR, 3.5 BA, 2,960 SF

SOLD FOR $420,000