Phoenix Metro Residential Real Estate Market Snap

For Buyers: New listings activated in June were down 10.0% compared to last June and overall supply has dropped 9.5% in 4 weeks, putting it below last year’s count for the first time all year.  Buyers have gotten used to very little supply under $200K but now they’re feeling it hard between $200K-$250K, where new listings were down a whopping 15.1%.  Trying to fill the gap, brand new … [Read more...]

Market Insider for Paradise Valley (85253)

The data on this page is consolidated from multiple sources and includes current listings, recent sales, and more. Whether you're a buyer or seller, the knowledge you gain will help put you in control of your real estate transactions. Call or email anytime to discuss how this information can benefit you!   Housing Market Trends - Sold vs. Listed Understand the difference between … [Read more...]

My visit to The Enclave at Borgata

My fellow Luxury Agents and I went to The Enclave at Borgata today to see what's going on with this new, gated community - where PV meets Scottsdale. A prime location for dining, shopping, culture, golf.... These luxury condominiums are currently for sale and will be ready for move in this fall. If you're interested in seeing what the Enclave at Borgata has to offer, give me a call! … [Read more...]

Mountain Shadows Resort and the Communities of Mountain Shadows East, Moutain Shadows West, & The Village at Mountain Shadows

Do you remember when Mountain Shadows was the weekend “Hot Spot” in Paradise Valley? I sure miss dancing to the music of Robin and the Rocky Road! For those of you who are not familiar with Mountain Shadows, it is located at 56th Street and Lincoln Drive, and is best known for the landmark resort, Mountain Shadows and the Mountain Shadows Golf Course. Residents of the two communities, … [Read more...]

High-end Buyers haven’t been Spooked by Higher Interest Rates

Based on a recent article in the current issue of the Wall Street Journal, purchases of existing luxury homes, those priced above $1 million, are up 25% from last year. This is attributed to several factors. Wealthier buyers are less likely to be concerned by rising rates than lower-income home buyers. Also, wealthier Americans have more in their bank accounts and they have renewed confidence … [Read more...]

My Market Insider ~ Local Market Conditions are Changing Fast…

Buying or selling a Paradise Valley home involves many factors. Stay on top of current community trends by viewing these listing and sale prices, demographics, school performance, area comparisons, and more. Of course, you can always call or email for help understanding what this information really means for you. Check out my Market Insider for Paradise Valley. … [Read more...]