Eric Cook, PLLC - Realty ONE Group
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ποΈπ COMMUNITY FACILITIES DISTRICTS πποΈ
Key Aspects of Community Facilities Districts:
* Primarily used for building infrastructure for new developments (e.g., streets, water, sewer, lighting) and sometimes for special projects.
* CFDs generate funds through general obligation (GO) bonds, repaid by property taxes on properties within the district.
* Repaid by a levy based on the benefit received by the property.
* While authorized by the state, they are distinct entities usually governed by the local city council.
* Property owners inside a CFD pay higher taxes or assessments to fund infrastructure improvements compared to those outside, with these appearing on the regular property tax bill.
* Debt is usually approved by landowners or voters within the district.
ποΈ π ESCROW v TITLE π ποΈ
In the realm of a real estate transactions, the terms escrow entitled are frequently used, often interchangeably, which can lead to confusion.
While both play essential roles and ensuring a secure property transfer, they serve distinct purposes in the process.
Understanding the difference between escrow and title is crucial for buyers and sellers to navigate a real estate transaction action successfully. οΏΌ
03/18/2026
π½οΈποΈ SADDLEWOOD HOUSING STATS ποΈπ½οΈ
As of 18 MAR 2026, here is a look into what the housing market has been doing for the past 180 days in Saddlewood.
DOM = day on market
OLP = original list price
SP = sales price
ACTIVE:
* 6256 Harvest Moon Ave: 185 DOM; OLP $525K...currently listed for $458K (price reduction of 12.76%)
ACTIVE W/CONTINGENCY:
* 6263 Harvest Moon Ave: 67 DOM; OLP $450K
* 1365 Starling St: 88 DOM; OLP $475K
PENDING:
* 1372 Towhee Trl: 34 DOM; OLP $449,900
CLOSED:
* 6276 Harvest Moon Ave: 83 DOM; OLP $460K; SP $440K (-4.35%)
* 6257 Harvest Moon Ave: 26 DOM; OLP $444K; SP $440K (-.09%)
* 1372 Towhee Trl: 21 DOM; OLP/SP $449,900
* 6287 Harvest Moon Ave: 69 DOM; OLP $499,900; SP $450K (-9.98%)
* 6321 Indigo Trl: 123 DOM; OLP $495K; SP $457K (-7.07%)
* 1392 Warbler Way: 48 DOM; OLP/SP $489K
* 6278 Goldfinch Dr: 104 DOM; OLP $524,900; SP $490K (-6.65%)
* 6214 Harvest Moon Ave: 67 DOM; OLP $549K; SP $500K (-8.93%)
* 1393 Warbler Way: 40 DOM; OLP/SP $540K
* 6235 Goldfinch Dr: 108 DOM; OLP $435K; SP $410K (-6.1%)
02/27/2026
π±π‘ SMALL CELL INSTALLATIONS π‘π±
Maricopa residents are noticing light poles across the city with a modern upgrade as Crown Castle begins phase one of its small cell infrastructure rollout.
A total of 91 small cell nodes are being installed across Maricopa, when the full buildout is complete. These small cells, which are compact versions of traditional cell towers, are designed to increase data capacity and improve service coverage in high-use areas.
Unlike traditional towers, the small cells replace select existing streetlight poles with upgraded designs that support new technology while minimizing visual impact. City staff approved three different pole designs to accommodate the technology, all selected to blend seamlessly into Maricopaβs existing streetscape.
Crown Castle is not a direct service provider, but its infrastructure supports the antennas and systems used by major carriers such as Verizon, AT&T, and T-Mobile. The shared infrastructure model allows multiple carriers to utilize a single pole, reducing visual clutter and limiting additional construction over time.
01/09/2026
ποΈποΈ MORTGAGE RATES DROP ποΈποΈ
Mortgage rates fell sharply, a day after President Donald Trump said on social media that he is instructing mortgage giants Fannie Mae and Freddie Mac to buy $200 billion in mortgage bonds.
The rate on a 30-year mortgage dropped 22 basis points to 5.99%, matching the low from Feb. 2, 2023, according to Mortgage News Daily.
Fannie Mae and Freddie, which are in government conservatorship, do not originate home loans. They buy loans from lenders, bundle them into mortgage-backed securities (MBS) and sell them to investors, thereby replenishing lender funds for new loans and keeping interest rates lower and more stable for homebuyers.
The Federal Reserve also lowered its own lending rate to zero. The combination brought the average rate on the 30-year fixed mortgage to record lows, hitting just 2.75% at the start of 2021, according to Mortgage News Daily.
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