An estimated 1 million foreclosure-related notices for defaults, auctions, and home repossessions that should be filed by lenders this year will be pushed back until next year, according to the latest report by RealtyTrac. While the delays could give home owners more time to catch up on their payments and try to avoid foreclosure, housing […]
Trends for Scottsdale Luxury Homes
The features and amenities that buyers expect in Scottsdale luxury homes changes constantly. What was popular five years ago is quite different from what is expected today. The hot trends during 2011 in Scottsdale and Paradise Valley homes include: 2 separate offices in the home. His and her offices are all the rage right now. […]
Stock Market Driving You Crazy? Buy a House in Scottsdale!
With the Dow Jones acting like a crazy yo-yo for the past week, many investors are beyond frustrated. The daily swings of 400 points are fraying nerves and making investors very jittery. Why gamble with your hard earned savings in the stock market? Scottsdale Real Estate is down approximately 50%. This is the perfect time […]
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 Named One of Best Cities in America
CNN/Money magazine recently ranked the city of Scottsdale in its “Best Places to Live” list. The magazine publishes an annual ranking of “America’s best small cities.” Scottsdale regularly receives similar accolades. Quite simply, the word is out. Scottsdale offers an unparalleled lifestyle of luxury homes in a resort atmosphere. The recent crash of the Scottsdale […]
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 […]
Old West Theme Park Proposed for North Scottsdale
Scottsdale homeowners and residents can possibly look forward to an old West theme park in at 94th Street and Bell Road in North Scottsdale. The park will be a $48 million project and will resemble a 1880s town. Similar in some ways to the previous Rawhide western town which was in Scottsdale for many years. […]
Phoenix and Scottsdale Housing Market
The following information is from The Partridge Partners Newsletter. It is a rather pessimistic view of what is happening in the Phoenix and Scottsdale real estate markets. However, I am always open to hearing both sides of every story, so I am presenting it in its unedited form. In metropolitan Phoenix, two-thirds of all […]