While the numbers of Short Sales and REOs in Peoria are way down from the staggering levels following the market crash about 10 years ago, there are still some properties "under water" and some that have received a Notice of Default, the first step in the process that will result in the Trustee's Sale on the courthouse steps. It's always sad to see people give up and walk away from a home, particularly when alternatives exist which may well be better for them and their lien holders. We've learned that often those who "opt" to let the home go to foreclosure "by default" often believe that their personal circumstances prevent them from doing a Short Sale.   Circumstances such as: Multiple Home Loans IRS Income Tax Liens Past Due Child Support Past Due HOA Fees ...and the list goes on. In ... 11/15/2017

Although we no longer see the levels of Short Sales that we did a few years ago in Peoria, Notices of Default continue to be issued, meaning that yet another Peoria property is on the path towards foreclosure at auction on the courthouse steps. Suzanne and I wonder why the owners would allow the property to go to foreclosure, rather than investigate alternatives that may be mutually beneficial to themselves and their lenders. Not all properties heading for foreclosure are necessarily "under water" - which theoretically means they could be sold via a "traditional" sale rather than a "short sale" - but circumstances may mean there are other liens attached or other factors that inhibit or prevent the owners from selling the property - whether or not it's a short sale. Short Sales are "regu... 10/09/2017

Hot off the presses (or, "Fresh from YouTube" - the 2017 version of "Hot off the presses") is our darling video showcasing just a few of the benefits of our homes, home sites, and community here at The Meadows!  It's just a few minutes, please take a look!Adventure Awaits at The Meadows VIDEO A great big "THANK YOU" to our volunteers for filming - some current and future home owners stepped up for us on a VERY hot and muggy morning!  We will be hosting another "Grand Opening" in September, as we introduce "The Enclave" Model Homes and series of available home plans - stay tuned for details!  08/31/2017

Maracay Homes is proud of the communities and neighborhoods we build homes in, and enjoys giving back! Our latest effort in Peoria is a campaign to "Share" your selfie in front of our "Peoria" themed mural wall with the hashtag, "#WeArePeoria" on social media.  In return, Maracay Homes will donate $5 per share to Liberty High School and Sunrise Mountain Preserve - two of many great features of living in Peoria!Read more about our amazing wall - it spans 125'! - and was painted by hand last summer.  Maracay Homes at The Meadows - Peoria Points of Pride MuralOur New Home Advisors and Manager joined in on the fun recently - now it's your turn! 08/30/2017

    This is the Peoria 3 Bedroom Homes For Sale August 2017. 3 Bedroom homes are perfect for 1st time home buyers and home buyers with growing families or those that need a dedicated home office. Peoria has a large concentration of Active Adult Communities with many full time and part time residents that prefer 3 bedroom homes for visiting family and friends from back east or up north. You'll be delighted to find many options in home styles, locations, amenities and price points. You'll want to take a close look at  Peoria 3 Bedroom Homes For Sale.  And, for your convenience there is a link below to view 3 bedroom homes for sale with a Pool and without a Pool.   Knowing and understanding the current Peoria real estate market is essential to making an informed decision about buying or s... 08/25/2017

  This is the Peoria 2 Bedroom Homes For Sale August 2017. You might be surprised to learn that 2 bedroom homes are very popular in Peoria AZ!  Why? Peoria has a large concentration of Active Adult Communities with full time and part time residents that prefer 2 bedroom homes.  2 bedroom homes provide an easy-care lifestyle that they can lock and leave during the warm summer months. You'll find many options in home styles, locations, amenities and price points. You'll want to take a close look at  Peoria 2 Bedroom Homes For Sale.  For your convenience there is a link below to view 2 bedroom homes for sale with a Pool and without a Pool.   Knowing and understanding the current Peoria real estate market is essential to making an informed decision about buying or selling a home in Peoria ... 08/24/2017

  This is the Peoria 4 Bedroom Homes For Sale August 2017. 4 Bedroom homes for sale in Peoria are a big percentage of all homes on the market. This size home is great for a growing family that needs extra space or professionals that need a home office. You also can find 4 bedroom homes with a separate Guest Suite, some on the main level for those home buyers with a multi-generational living situation. You'll want to take a close look at  Peoria 4 Bedroom Homes For Sale.  For your convenience there is a link below for all 4 bedroom in Peoria with Pools or without Pools. Knowing and understanding the current Peoria real estate market is essential to making an informed decision about buying or selling a home in Peoria AZ!  If you would like further information about your neighborhood let ... 08/24/2017

 This is the Peoria Golf Course Homes For Sale August 2017. You will be delighted to learn that Peoria AZ has some surprisingly affordable golf course homes for sale in comparison to other Phoenix Metro cities.  And you'll have 7 golf course communities to chose from offering a wide range of home styles, amenities, and locations. Take a look at  Peoria Golf Course Homes For Sale.   For your convenience there is a link below to search for Golf Course Homes For Sale in Peoria with Pools and without Pools. Knowing and understanding the current Peoria real estate market information is essential to making an informed decision about buying or selling a home in Peoria AZ!  If you would like further information about your neighborhood let us know and we will email the current market statistics ... 08/23/2017

   This is the Peoria Luxury Homes For Sale August 2017. Peoria AZ has some amazing luxury homes for sale at surprisingly attractive prices in comparison to other Metro Phoenix cities. Peoria Luxury Homes are known for their gorgeous views of the Valley of the Sun as well as beautiful sunrises and sunsets.  You will find a ample selection of home styles, designs, high end amenities as well as  incredible pools. You'll want to take a close look at Peoria Luxury Homes For Sale. For your convenience there is a link below to View Peoria Luxury Homes with Pools and without Pools. Knowing and understanding the current Peoria real estate market information is essential to making an informed decision about buying or selling a home in Peoria AZ! If you would like further information about your n... 08/23/2017

  While the Short Sale days of the previous decade are for the most part behind us, the reality is that there are still hundreds of homes "under water" in Arizona.   While it's true that not every property facing foreclosure in Peoria is "under water", may of them are, and unfortunately many homeowners still don't understand that the likelihood is they will be far better off doing a Short Sale of their Peoria home than allowing their Peoria home to be sold at auction on the courthouse steps!    Short Sales are "regular resales" with one big difference.     Your lender(s) must agree to accept less than the amount(s) owed on your loan(s).   While there are many details regarding Short Sale Seller financial circumstances and the hardship they face, the bottom line is that most lenders pref... 08/22/2017

  This is the Peoria Town Homes For Sale August 2017. Town Homes for sale in Peoria AZ are very popular home choice. There is a very limited selection of town homes to chose from most of the year except when the snowbirds are in town enjoying our winter weather. Many home buyers prefer town home living as it's an easier lifestyle with no yard work or the responsibility of taking care of a pool or spa.  Many Town Homes are move in ready and homeowners can simply unpack their boxes and start enjoying the amenities the community has to offer such as pools, spa, tennis courts and a workout facility.   You'll want to take a very close at look Peoria Town Homes For Sale. Knowing and understanding the current Peoria real estate market is essential to making an informed decision about buying or... 08/21/2017

   This is the Peoria 5 Bedroom Homes For Sale August 2017. 5 bedroom Peoria AZ homes for sale offer many options for home buyers that have growing families and simply need more space. Many home buyers today work from home and need a private home office or two which these larger homes provide. Some home buyers have a multi-generational  living situation with either aging parents or adult kids living at home and they need a 5 bedroom or larger home to provide privacy & space for all. If you require a guest suite on the main level and you can find this option in Peoria. You'll want to take a close look at  Peoria 5 Bedroom Homes For Sale. For your convenience there is a link below to view all 5+ bedroom homes for sale in Peoria with Pools or without Pools. Knowing and understanding the cu... 08/18/2017

      This is the Peoria 3 Bedroom Homes For Sale July 2017. 3 Bedroom homes are perfect for 1st time home buyers and home buyers with growing families or those that need a dedicated home office. Peoria has a large concentration of Active Adult Communities with many full time and part time residents that prefer 3 bedroom homes for visiting family and friends from back east or up north. You'll be delighted to find many options in home styles, locations, amenities and price points. Take a close look at  Peoria 3 Bedroom Homes For Sale.  And, for your convenience there is a link below to view 3 bedroom homes for sale with a Pool and without a Pool.   Knowing and understanding the current Peoria real estate market is essential to making an informed decision about buying or selling a home in... 07/27/2017

    This is the Peoria 4 Bedroom Homes For Sale July 2017. 4 Bedroom homes for sale in Peoria are a big percentage of all homes on the market. This size home is great for a growing family that needs extra space or professionals that need a home office. You also can find 4 bedroom homes with a separate Guest Suite, some on the main level for those home buyers with a multi-generational living situation. You'll want to take a close look at  Peoria 4 Bedroom Homes For Sale.  For your convenience there is a link below for all 4 bedroom in Peoria with Pools or without Pools.   Knowing and understanding the current Peoria real estate market is essential to making an informed decision about buying or selling a home in Peoria AZ!  If you would like further information about your neighborhood le... 07/27/2017

  This is the Peoria 5 Bedroom Homes For Sale July 2017. 5 bedroom Peoria AZ homes for sale offer many options for home buyers that have growing families and simply need more space. Many home buyers today work from home and need a private home office or two which these larger homes provide. Some home buyers have a multi-generational  living situation with either aging parents or adult kids living at home and they need a 5 bedroom or larger home to provide privacy & space for all. If you require a guest suite on the main level and you can find this option in Peoria. You'll want to take a close look at  Peoria 5 Bedroom Homes For Sale. For your convenience there is a link below to view all 5+ bedroom homes for sale in Peoria with Pools or without Pools. Knowing and understanding the curre... 07/26/2017

  This is the Peoria Golf Course Homes For Sale July 2017. You will be delighted to learn that Peoria AZ has some surprisingly affordable golf course homes for sale in comparison to other Phoenix Metro cities.  And you'll have 7 golf course communities to chose from offering a wide range of home styles, amenities, and locations. Be sure to take a close look at  Peoria Golf Course Homes For Sale.   For your convenience there is a link below to search for Golf Course Homes For Sale in Peoria with Pools and without Pools. Knowing and understanding the current Peoria real estate market information is essential to making an informed decision about buying or selling a home in Peoria AZ!  If you would like further information about your neighborhood let us know and we will email the current ma... 07/21/2017

  This is the Peoria Luxury Homes For Sale July 2017. Peoria AZ has some amazing luxury homes for sale at surprisingly attractive prices in comparison to other Metro Phoenix cities. Peoria Luxury Homes are known for their gorgeous views of the Valley of the Sun as well as beautiful sunrises and sunsets.  You will find a ample selection of home styles, designs, high end amenities as well as  incredible pools. You'll want to take a close look at Peoria Luxury Homes For Sale. For your convenience there is a link below to View Peoria Luxury Homes with Pools and without Pools. Knowing and understanding the current Peoria real estate market information is essential to making an informed decision about buying or selling a home in Peoria AZ! If you would like further information about your neig... 07/21/2017

 This is the Peoria Town Homes For Sale July 2017. Town Homes for sale in Peoria AZ are very popular home choice. There is a very limited selection of town homes to chose from most of the year except when the snowbirds are in town enjoying our winter weather. Many home buyers prefer town home living as it's an easier lifestyle with no yard work or the responsibility of taking care of a pool or spa.  Many Town Homes are move in ready and homeowners can simply unpack their boxes and start enjoying the amenities the community has to offer such as pools, spa, tennis courts and a workout facility.   You'll want to take a very close at look Peoria Town Homes For Sale. Knowing and understanding the current Peoria real estate market is essential to making an informed decision about buying or se... 07/21/2017

  This is the Peoria 2 Bedroom Homes For Sale July 2017. You might be surprised to learn that 2 bedroom homes are very popular in Peoria AZ!  Why? Peoria has a large concentration of Active Adult Communities with full time and part time residents that prefer 2 bedroom homes.  2 bedroom homes provide an easy-care lifestyle that they can lock and leave during the warm summer months. You'll find many options in home styles, locations, amenities and price points. You'll want to take a close look at  Peoria 2 Bedroom Homes For Sale.  For your convenience there is a link below to view 2 bedroom homes for sale with a Pool and without a Pool.   Knowing and understanding the current Peoria real estate market is essential to making an informed decision about buying or selling a home in Peoria AZ... 07/20/2017

  There are still hundreds of homes "under water" in Arizona.   In other words - the homes are worth less than the mortgage balance(s) - so it's not surprising that many homeowners are looking for solutions to stop foreclosure.   One solution to stop foreclosure and mitigate damage to a homeowner's credit is a Short Sale.   Short Sales are "regular resales" with one big difference.   Your lender(s) must agree to accept less than the amount(s) owed on your loan(s).   While there are many details regarding Short Sale Seller financial circumstances and the hardship they face, the bottom line is that most lenders prefer to stop foreclosure in favor of processing a Short Sale where the Seller is able to procure a Fair Market Value contract for their home.   After all, why foreclose on a home... 07/11/2017