The prices of homes in Scottsdale escalated dramatically during 2021. The average sales price in Scottsdale is up 25% from $1,041,645 to $1,304,697. Several areas of Scottsdale increased even more. North Scottsdale had the most significant price increases. The zip codes of 85262 and 85266 were up a stunning 36% during 2021. The inventory of […]
Californians Flock to Arizona
The influx of new residents from California to Arizona has been increasing in the past few years. Arizona is naturally very attractive to Californians for several reasons. Arizona has much lower taxes, lower cost of living and more affordable homes. Californians moving to Arizona is one of the busiest migration patterns in the USA. Between […]
Scottsdale is #1 City in the US for Jobs
For the second consecutive year, WalletHub has ranked Scottsdale as the #1 city in the nation for job market strength. It is the best place in America to find a job, compared to 180 other cities. The comprehensive study analyzed 31 key indicators, including job opportunities, average starting salary, unemployment rate, and house affordability. Scottsdale […]
Scottsdale Real Estate Market is Hot!
Here is the latest market update from the Cromford Report. Median Sale Price for Metro Phoenix up $20,000 over March 2017 17% of Sales are Closing Over Asking Price For Buyers: The percentage of seller concessions awarded to buyers has dropped down to 24% in the first quarter of 2018 after 2.5 years of consistently […]
Bill Gates Invests $80 Million in Phoenix Real Estate
An investment firm controlled by Bill Gates recently purchased a large tract of land in west Phoenix for $80 Million. The 25,000 acres will become a housing development called Belmont. It is 25 minutes west of downtown Phoenix, off of I-10 near Tonopah. The proposed community will be built as a “smart city” with advanced […]
Scottsdale Market Heating Up in 2017
The fourth quarter statistics from the Arizona Regional MLS system have just been released. It shows that December 2016 had the most sales of any December since 2006! This is a huge indicator that the market is heating up. The total number of properties actively for sale on the MLS (not under contract) went down […]
Phoenix Predicted to be Top Real Estate Market in 2017
Realtor.com has published its Annual Housing Forecast for 2017 and has predicted that Phoenix will be the hottest market in the entire country this year. Their economists have analyzed the top 100 metropolitan markets in the US and Phoenix made the top of the list for appreciation and growth. The western United States, in general, […]
Homes Sales Up Significantly
The Residential Market Data has just been released by the Arizona Regional MLS system. November’s sales volume was 6804 properties in Maricopa County. That is 28.1% higher than last year’s November figures. November has the 3rd highest resale home volume in the past 19 years according to Maricopa County tax records. The month was third […]
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