We are seeing more and more people paying cash for their homes in Scottsdale. Cash buyers make up a large percentage of all real estate transactions in Maricopa County. The reasons for this vary depending on the price level. At the low end of the market, many investors pay cash for homes as an additional […]
Declining Foreclosures and Short Sales in Scottsdale and Phoenix
Foreclosures and short sales continue to be on the decline in Scottsdale and Phoenix. The number of normal sales is at the highest point in the last 5 years with 61% of all sales. This is a huge shift in the market from just a year and a half ago when foreclosures and short sales […]
New Hiking Trail Open In Scottsdale
The brand new Tom’s Thumb Trailhead in the McDowell Sonoran Preserve opened this week to great excitement. The trail is 3 miles South of Dynamite on 128th Street. You can now hike to the north reaches of the McDowell Mountain with the 5 new miles of multiuse trails. Scottsdale Mayor Jim Lane held a ribbon […]
Low Ball Offers for Scottsdale Homes a Thing of the Past?
During 2011, low ball offers were fairly common in Scottsdale AZ. Realtors wouldn’t blink when they received a low ball offer. In fact, 10% of Realtors said they received at least one low ball offer on one of their listed homes. A low ball is usually considered an offer that is more than 25% off […]
Kierland Scottsdale Foreclosure Deal of the Day
There is a fantastic foreclosure opportunity in Scottsdale. This home is located on the highly sought after Kierland golf course. We have not seen a foreclosed golf home come on the market in a long time so this is a rare opportunity and it will sell fast. The 3,517 square-foot home is priced at $599,900 […]
Home Prices Rise Nationwide As Phoenix Leads The Charge
Rising home prices are an important indicator that the housing market is recovering. Since July, the U.S. has seen home prices rise, mortgage and foreclosure rates fall and increased optimism and confidence in homeowners, home buyers, and home builders. Home prices nationwide rose 1.2 percent in July over the same time period last year. Reports […]
Scottsdale and Phoenix Leads The U.S. In July Home Price Increase
According to the Standard & Poor’s Case Shiller index, home prices across the nation were up 1.2 percent in July. This study is based on half of the homes in the U.S. It measures home prices compared with those in January 2000 and creates a three-month moving average. The rise in July is the second […]
Phoenix and Scottsdale Real Estate Market Update – June 2012
New data from the Cromford Report in Arizona has been released. Data clearly shows a decreasing supply of homes for sale, corresponding with increasing home values. Demand for homes has also increased dramatically with the Demand Index almost double the Supply Index. The Demand Index is listed at 112.7 and the Supply Index is 62.5, […]
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Voted in the Top 3 Real Estate Agents in Arizona by the readers of Ranking Arizona Magazine, 2015-2025. Her background as an Attorney gives her special expertise with contracts and negotiations. Carmen has a proven track record of success with buyers and sellers in Scottsdale.
