In the last several years, foreclosures controlled the real estate market in Scottsdale and Phoenix. As foreclosures rose, Phoenix and Scottsdale home prices nose-dived. They were one of the key indicators to determine the health of Phoenix and Scottsdale’s housing market. Today, that’s not the case. Foreclosures have dropped to levels not seen since 2007. […]
Prices of Homes Increasing as Sales Up
The Commerce Department recently noted that single-family home sales have seen their first yearly gain in seven years as the average prices continue to increase. The average price of a new home in the United States rose to $248,900 last month or a 1.3 percent rise compared to the month of November. Nationally, the average […]
New Luxury Project Started in North Scottsdale
I am happy to report that construction has started on the initial phase of a luxury project near Scottsdale Road and Thompson Peak Parkway. 750 luxury apartments are being built by Irving, Tx-based TDI Real Estate Holdings next to the Village at Grayhawk within the One Scottsdale development. The project is called the Jefferson at […]
Phoenix Area Home Prices Up Over 30%
During the past 12 months, the average price for a Phoenix home has risen 34 percent. Homeowners have now gained over half their home’s value that was lost when the housing bubble burst. At the end of 2012, the average home price in Phoenix was $164,000. In 2011, the average home price was $122,500. There […]
Why Buy a Home for Retirement 3-5 Years in Advance
A huge portion of my clients are people from out of state in their mid-50’s who are buying a Scottsdale home in advance of retirement. This is an extremely savvy move on their part. They know that prices are rising in Scottsdale. The news articles about the rise in Scottsdale real estate prices can be […]
Scottsdale Homes a Steal – But For How Long?
The Scottsdale real estate market has undergone amazing changes in the past year. The prices hit bottom in late 2011 and increased slowly throughout all of 2012. Although the market has been shifting for over a year, suddenly everyone is talking about it. There are continual news stories in the local and national press about […]
News Clip on the Scottsdale and Phoenix Real Estate Market
The Scottsdale real estate market is surging upwards and everyone is taking notice. Prices are rising so quickly that it has drawn the attention of reporters across the country. You can read articles about our market from local and national media outlets on our current market trends page. Here is a recent news clip on […]
5 Signs the Scottsdale Housing Market is Improving
It’s been a long time coming, but good news is finally here for the Scottsdale housing market. Over the past 12 months, the Scottsdale real estate market has turned the corner. The prices of homes in Scottsdale have started to rise on a consistent basis. We are seeing better numbers than in the past four […]
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