Windgate Ranch home sales have been steady through the recession, reported Toll Brothers today. Homes in Windgate Ranch have been selling at a modest pace despite the economic downturn. The builder reports that it has sold 270 homes over the past five years. That is 43 percent of the 633 lots available. Plus sales are […]
Scottsdale Golf Clubs Change to Market Based Pricing
If you are considering purchasing a Scottsdale home in a golf community, you should be aware that many Scottsdale golf clubs have changed from a set price for a golf membership to “market-based pricing”. This greatly affects the purchase price and value of the memberships in those Scottsdale communities. Estancia and DC Ranch both currently […]
Scottsdale and Phoenix Foreclosure Rate Drops
I have written many blog posts about the number of foreclosures in Scottsdale and Phoenix dropping. There are fewer Scottsdale foreclosures for sale than there were last year. Foreclosures in Scottsdale will routinely have multiple bids and ultimately sell for slightly higher than list price. New data from CoreLogic provides further evidence of support. Phoenix […]
Troon Country Club Homes
Troon Country Club is a private, member owned golf club in Troon Scottsdale. The staff of the club strive to provide the members a five star experience. Troon Country Club homes are popular because of their proximity to the well known championship golf course designed by Tom Weiskopf and Jay Morrish. The architecture of the […]
Why Scottsdale Real Estate is an Excellent Investment Right Now
Scottsdale Real Estate has been dramatically affected in the past 5 years. Prices have plummeted as the number of foreclosures in Scottsdale reached historical proportions. Scottsdale Real Estate prices are currently approximately HALF of what they were previously. Many families who were previously Scottsdale home owners are now renters. As a result the demand for […]
New Normal in Scottsdale Real Estate Market May Be Painful
Below is an article from Partridge Partners. It is a pessimistic view of the Scottsdale Real Estate market, but I always like to present countering views, so I am publishing it in its entirety. My personal experience in selling homes in Scottsdale is much more positive. Inventory is down and buyers are coming from all […]
Freddie Mac Offers Cash Discount for Scottsdale Condos
Freddie Mac’s HomeSteps unit is offering cash to buyers willing to purchase one of its foreclosed Scottsdale condos that have been lingering on the market. HomeSteps is hoping to unload some of its high inventory of foreclosed Scottsdale condos through the incentive program, known as HomeSteps Condo Cash. Through the “Condo Cash” program, condo buyers […]
Scottsdale Real Estate Market Update – July 2011
Scottsdale Real Estate Market Summary for July 2011 Although we didn’t see the record-breaking sales numbers of June, July had plenty of positive news for market watchers. However, just as we discussed last month, pricing is one important exception to July’s positive results. No doubt much will be made of that by the housing doom […]