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Real estate

Whew! Hotter than the Hubs!

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Well…no. Maybe not. It’s probably NOT hotter than the hubs of Hades out on the lovely streets of north Phoenix. No…it’s just hot and humid. Light overcast, 93 degrees, 0% chance of rain, 14% humidity….whatEVER! It surely feels hotter than the hubs, to say nothing of sticky-damp.

Not your standard Arizona springtime afternoon, that’s for sure.

Ruby and I strolled into Upper Richistan: the tony, fancy part of the ‘Hood. Ohhh, how we miss “The Ole Guy,” as SDXB used to call him. What a nice man he was!

The Ole Guy and his wife were deep into retirement, living in a handsome upscale home. Every day when SDXB and I would pass his house during our morning stroll, he would be out in front fiddling with something: whittling a piece of wood or repairing a gadget or whatever. We would say hello — sometimes chat a bit — and consider that encounter one of the high points of our daily stroll.

He’s gone now, presumably “late” or else hauled off to an old-folkery. And much missed.

The two of them lived in the more upscale section of the ‘Hood: custom or semi-custom houses, as opposed to our tract shacks. If that house were to come on the market, I’d surely want to look at it…maybe even consider buying it. But…what the hey! I surely couldn’t afford it. So on my part, that would be nothing more than an exercise in curiosity.

Meanwhile, the corner of the ‘Hood just to the south of my neighborhood is undergoing some mad gentrification. Good grief! New roofs, new plastering, new paint jobs, on and on. Dunno why a bunch of residents decided all at once to fancify the place…but if they put any of those houses on the market, you can be sure that antic will jack up our property values (and our taxes) some more.

{chortle!} I do feel exceptionally lucky to have stumbled across this corner of North Central Phoenix, guided here by a savvy Realtor. If I can hang onto this house until I croak over, my son will inherit a very nice asset, one worth more than most houses in this part of the Valley. If my son feels like moving — and likes taking on the care of a swimming pool(!) — he’ll be able to come right on in to this place. If not, though, he can either sell it for more than enough to pay off his own mortgage, or rent it for enough to let him retire!

Either way, it’ll be a nice gift to leave to him. 

Circumnavigating…

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Yea verily: another dog-and-human circumnavigation of our lovely North Central Phoenix ‘hood. This morning no sh!thead was holding forth in the park — too early for him, presumably. Whatever: it was a relief to walk around without having obscenities shouted at me.

A new (presumably) owner is re-renovating the handsome, classic home on the corner of the park and Main Drag Central. That place is gonna be worth about a zillion dollars by the time they get through with it.

Seriously: property values here in the ‘Hood are headed for the stratosphere. By the time M’hijito inherits this house (as I sincerely hope he will), he’ll be able to retire to Tahiti on whatever he can sell it for.

Meanwhile, directly behind that fancfiying house, the lovely green park stretches out in three directions — constrained by the presence of Main Drag Central. I personally wouldn’t want to be that close to MDC…or, for that matter, to a wide-open park that beckons to every pot-headed bum who staggers past. But still: get a little deeper into the neighborhood around it, and it’s pretty fine.

If I manage to stay out of an old-folkerie (big IF!), my son will inherit my house and its ever-inflating value. That will give him a juicy choice: he can either move in here and enjoy its classy construction, its lovely pool, and its outrageously central location; or he can sell it and move…just about anyplace he pleases.

Tahiti presumably would not be his first choice. His dad came from Grand Junction, Colorado, a mining town on the Western Slope which, over the years, has evolved into the largest town in Western Colorado. He has remarked that he’d like to move there…so I can imagine him making his escape to those climes, after his dad and I pass on to our furry fathers.

That, unfortunately for him, is likely to be quite a while. Longevity is a Thing in my family: women who didn’t smoke have lived into their mid-90s…and because they were Christian Scientists, they never saw a doctor or had an immunization, either. I do go to doctors and do take flu shots and tetanus shots and the like, so as long as I manage to stay off the local roads, chances are I’ll live nigh unto 100 years old.

He’s doing OK for himself, though…as a practical matter, he could sell his house and get himself into Grand Junction without undue suffering.

Hmmm… What would I do, if I were him and I inherited a pile of dough at just about the time I was ready to retire with a decent pension & Social Security?

Hmmmm…indeed! Y’know…probably not much. I’ve seen the world, having grown up in the Middle East and traveled all over those environs, Europe, and the United States. Absolutely ZERO interest in any further junketing.

Chances are, I’d simply stay right where I am, invest the money, and let it support me comfortably for the rest of my life. I might even get a job just to keep myself amused. Of course, adjunct teaching jobs are all over the place. A journalistic job would be more fun and more interesting — and a lot less work of the unpaid variety. Whatever…I figure money is for loafing.

Hotter than the Hubs

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Ruby and I must have gotten a later start on the morning’s neighborhood stroll than I thought, at the time we set out. Lordie, it’s AFTER 10:00 A.M. Not good, on a “spring” (hah!) morning in lovely uptown Phoenix.

Holeee doggerel, is it hot out there. 

Y’know what job I’d most NOT like to have, here in lovely uptown Phoenix? ANY job that requires you to work outside!

This morning we passed a crew of guys who were gutting out and renovating the Alleged Molester’s house. This, actually, is a handsome middle-class home backing right onto the park. It was occupied by a family whose son dated some girl who was a few days under the age of consent. Hopped into the sack with her…and they were hard at it when her mother came home and caught them in the act.

The mother called the cops, and the young fella was arrested for statutory rape. He went to prison. His parents lost their shirts. They ended up abandoning the house, which turned into a wreck and has been standing decrepit on that corner for upwards of a year.

Well, someone has gotten ahold of it, apparently, and they’re shoveling it out and renovating it. You don’t even wanna know what that project must cost. The pool was drained and allowed to stand dry for well upwards of a year, so it’s ruined: basically ha$ to be rebuilt. The roof has been redone. Workers inside the house seem to be pulling out and replacing almost everything.

If they put it on the market, it’ll be interesting to see how much they try to get for it.

Two lots to the east, another house is being gutted out and renovated. Another huge project: who can even imagine the cost?

Well, if and when the speculators put those houses on the market, we shall see what they do for the price of real estate here in the ‘Hood. The other properties on that street are pretty upscale, so I imagine we’ll see the whole area go through the financial roof.

Glorioski!

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Truly: what a GLORIOUS afternoon!  

Weather:

cool but not too cool
sunny but not hot

Neighbors:

Sittin’ around their front yards with the kids out
Kids: cuter than cute, having a great time running around

Ruby the Corgi:

Snoozing in the back bathroom
NOT lost, after all!

😀  As you may have deduced: a small surge of panic. Dog disappeared. Dog declined to come to call. Human could not find Dog anywhere in the house. Human about fainted in terror.

But eventually said Dog did materialize: yea verily, from the back bathroom where she likes to loaf, and where I didn’t see her while I was banging around looking for her.

If I had a little more ambition (and if my right hip weren’t quite so spavined), Ruby and I would walk over to the park, explore a bit, and then wander home.

This is the sort of time when I most miss the ineffable SDXB. He, as you may recall, moved to staid and stodgy Sun City, where he took up with the lively and charming New Girlfriend. 😀 I’ve lived in Sun City, thank you — that was where my parents settled after my father retired, dragging me there with them.

It’s really not my style, and truth to tell I hated being stuck out there during the four years of my university sojourn. So…soon as I finished school and got a job in Phoenix, I moved into town. Never EVER to move back to Sun City.

SDXB, himself the staid and stodgy type, bought a place and decamped out there a few years ago. He tried to get me to go with him, but…been there, done that, ain’t a-doin’ it again! He loves it, though, and shortly took up with a very nice New Girlfriend…for whom, quite frankly, I wish the best.

WhatEVER. Moi, I dearly love the kids playing outside in front. Just came in from a stroll and a visit with parental set: the young people and the toddlers and the dog or two…what more could one want?

😀 Really, it is a lovely neighborhood.

Why on earth would you want to live someplace where no kids are frolicking around?????

Evening in the ‘Hood

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Dusk, with high thin clouds floating over the ‘hood. Wow! What a GORGEOUS evening as Ruby and her human stroll around.

This neighborhood gets tonier and fancier and more spectacularly expensive-looking by the day. If I manage to stay here until I die, my son is going to inherit the Asset from Heaven! Seriously: worth Gawd Only Knows how much more than I paid for it.

Gosh, I hope I’ll be able to hang onto this place until then. Really, that only needs to be another eight or ten years. As we scribble, Zillow claims this place is worth about five times what I paid for it. My first house here is supposedly worth some four times more than I paid…and it’s almost two blocks closer to the spectacularly noisy Main Drag West.

And frankly, I can’t see a single sign that this area is likely to slide downhill anytime in the near future, barring a catastrophic recession. Which I kinda doubt is gonna happen.

The area is relatively safe, crime-wise.  And we’re within walking distance of three major supermarkets, a medical clinic, a veterinarian, two first-rate public schools, at least one good private school, a well-respected hospital, a beautiful neighborhood park,…on and on and on. Meanwhile, the county has run a swell new light-rail line up the west side, and busses zip up and down all the major main drags.

If things stay reasonably stable or, God and the Taxpayer willing, continue to improve in quality and public services,  M’hijito will inherit one HECK of an asset.  By then, it should be solidly ensconced in the tony district known as North Central, even the public schools (now a shade wanting…) brought up to par and beyond, and the property values hovering near the stratosphere. He’ll be able to claim a more-than-decent house in an upscale district, or else sell it and move to the retirement venue of his dreams, out in Colorado.

Nice thing to daydream about...as day fades into dusk…

😀

Reel Estate…

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Good lord! Looking at the local real estate ads is like watching a horror movie! 😮  Prices have hit the stratosphere and are headed into orbit.

Here’s an aging tract house in my son’s neighborhood, nothing special: $389,000. What the hell do they think it’s made of???? And…have they ever heard of “taste”?  That orange and black in the bedroom: eeeek!!! Wait wait! check out the blood-red bedroom!!!

Zillow thinks my son’s house is presently worth $498,000!!!

Let’s see what the prices are here in the ‘Hood…

One house for sale, right on a truly gawdawful main drag: 3 bedrooms, $420,000. And…1300 square feet; doesn’t even have a pool. WTF???  Here’s one up for auction(???!!!): it’s the same model as mine, $477,000. 

Wow!

Now we begin to ask, am I going to be able to stay in my home? Because the taxes are gonna go into the stratosphere.

That’s what happened in Southern California when real estate prices went berserk. I had a cousin — an elderly woman who had lived in the same place for-freaking-ever — who lost her home because she couldn’t afford the taxes.

THIS is not good.

Oh, jeez! Here’s one right up the street from me…matter of fact, it seems to be the same model as mine: $635,000!!!!!!

Uhm…I may not be able to pay the taxes, either….