The numbers for June are in for Scottsdale’s single-family home resale market, and the news continues to be good. Once again, the number of active listings has dropped and the figure is now below the 4,000 mark at 3,941. The number of sales increased 7% over May to 321, continuing an upward trend that started […]
Phoenix Ranked as “Real Estate Bargain” by Fortune Magazine
Fortune Magazine recently released an article called “6 Real Estate Bargains”. Phoenix made the list as did Miami, Las Vegas, San Diego, Tampa and Denver. The rationale for Phoenix being a bargain was that home prices have been consistently dropping in the recent past. However, this does not mean all areas are equally impacted. Some areas […]
Michael Mina comes to North Scottsdale with Bourbon Steak
North Scottsdale has joined the ranks of San Francisco, Las Vegas, Miami and other key markets with the debut of Michael Mina’s Bourbon Steak at the Fairmont Scottsdale Princess. Michael Mina is a well-known, outstanding chef who rose to fame in San Francisco. Since, then, the Michael Mina empire has expanded to many key markets. […]
Heather Tawes Nelson Completes CRS Residential Real Estate Investment Course
Earlier this month, Heather Tawes Nelson completed the specialized real estate investment course entitled “Creating Wealth through Residential Real Estate Investments” conducted by the Council of Residential Specialists (CRS) of the NATIONAL ASSOCIATION OF REALTORS®. The course covered the fundamentals of investment, taxes affecting real estate investment, and investment strategies to create wealth. During the two-day […]
The Herb Box – DC Ranch’s New Place to Lunch
As a real estate professional, I frequently have the opportunity to take clients to lunches and dinners. Last week, I met a client at The Herb Box on DC Ranch’s Market Street for a lunch meeting. The Herb Box is a perfect place to meet for a bite. Service is friendly, the decor is stylish and […]
$7.15 Million Sale in Scottsdale
Earlier this month, an estate in Scottsdale sold for $7.15 million. The estate is located in Carefree Ranch, an exclusive community located in far North Scottsdale, adjacent to Desert Mountain. Known for its large parcels and astounding views, Carefree Ranch is quite impressive. The Tuscan home was built in 2007 and encompasses 9,000 square feet with four […]
The Luxury Condo Market in Greater Phoenix – May 2008
Below is a quick review of the Luxury Condo Market in the Greater Phoenix area in May. Before I get started, how am I defining the Luxury Condo Market? I am looking at condos that are listed for sale for $1 million and up. Currently, there are three locations that have condos for sale of […]
Scottsdale Real Estate Market Performance for Single Family Homes- Through May 2008
The numbers for May 2008 are in, and the market for single-family homes in Scottsdale continues to improve. Active listings are down and pending sales and actual sales have improved from April. Trend Analysis – Scottsdale Single-Family Homes – Resale All Price Points 2007 […]
