The Scottsdale market is continuing on its steady recovery. Across the Phoenix area, a smaller number of homeowners are underwater on their mortgages, and prices of homes are soaring upward. This, of course, includes the prices of Scottsdale homes, which are some of the most popular on the market. Figures from Zillow Inc. show that […]
Summer Concert Series Continues at McCormick-Stillman Railroad Park
If you have missed the first four concerts of the free summer concert series, held at McCormick-Stillman Railroad Park near McCormick Ranch, there are still six more you can catch. The series will continue through July 7th, with a concert every Sunday evening. Last Sunday, park visitors enjoyed some Retro 80s jams from Rock Lobster. […]
Scottsdale Foreclosure Deal of the Day
Looking for a great deal on a Scottsdale foreclosure? Check out this charming golf-view home located in Heritage Village I at McCormick Ranch. Foreclosures in Scottsdale are becoming far scarcer in the healing real estate market, and home prices are shooting skyward as the housing supply becomes more limited. Don’t miss out on an excellent opportunity to snatch […]
Scottsdale Foreclosures Down Substantially
The Scottsdale AZ real estate market is beginning to reach levels of normalcy, especially when it comes to foreclosure rates. According to The Cromford Report, the number of pending Scottsdale foreclosures, as well as the current REO inventory, is down significantly from that seen around this time in 2011. At the same time, prices of Scottsdale homes continue […]
Tips for Buying Scottsdale REO Homes
When considering purchasing a Real Estate Owned (REO) home, there are a number of key things to keep in mind. First of all, REO sales are not the same as foreclosure sales, though some can confuse the two. There are many Scottsdale foreclosures available, but Scottsdale REO homes are slightly different. A foreclosed home will be […]
Modifications to Scottsdale Flood Maps Impact Residents
Many out of state clients are shocked to hear that much of North Scottsdale is located in a FEMA designated flood zone. Changes to the Scottsdale flood maps show that large parts of DC Ranch, McDowell Mountain Ranch, Legend Trail and other communities are within the flood zone. Both of my last two homes were […]
Scottsdale Mortgage Rates Climb According to Freddie Mac Survey
Scottsdale mortgage rates have recently been kept low to encourage home sales and boost the economy. Now that sales are up, household debt is down and the real estate market is gaining speed every day, we are beginning to see a continued increase in the average mortgage rates. Though the rise is small, Scottsdale mortgage […]
Changes Proposed to Sterling at Silverleaf
New developments in the plans for a mixed-use community called Sterling at Silverleaf are in progress. Located in DC Ranch next to The Village Health Club on Thompson Peak Parkway and Legacy Boulevard, Sterling at Silverleaf currently consists of a dozen single-family custom estates known as the Sterling Villas, though 17 more are still to […]
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