Blog Posts

Market Summary for the Beginning of May April was a stellar month for re-sale transactions, especially in the light of the weak supply. It was not very impressive for new home transactions completed. Here are the basic ARMLS numbers for May 1, 2013 relative to May 1, 2012 for all areas & types: Active Listings […]

According to Ginnie Mae (Government Mortgage Association), if you begin with a rent payment that is less than a mortgage payment, you will notice after three years that by locking in a mortgage rate and enjoying the tax benefits from ownership, your mortgage payment will become less than what you were paying in rent, especially […]

  If you asked your neighbors why they ended up in the sunny, Phoenix metropolis you may receive a variety of answers. Among the most common you may find these: 280+ days of sunshine a year, mild winters, endless outdoor recreation, low taxes, job opportunities, and a fairly low cost of living compared to other […]

It’s official! The long awaited train going straight to Sky Harbor Airport is finally operational. On April 8th the Phoenix Sky Train, an automated electric powered train, opened at Terminal 4 of Phoenix Sky Harbor. Terminal 4 is the most active terminal at Sky Harbor serving 80 percent of airport passengers. This train connects the […]

  In this market competition for a home can be fierce so you want to put your best foot forward. First, you want to get preapproved by a lender. This allows you to address any credit blemishes and it establishes what you will be able to borrow. Keep in mind that the amount that you […]

Here in the Valley of the Sun it is beginning to feel a lot less like Spring and more like Summer. Before temperatures rise to the triple digits it might be a good time to buckle down and make sure you have finished all those household projects you have had good intentions to complete. You […]

Recently I sold a client a home in The Plaza Lofts at Kierland.  Below she shares her experience: “I’ve lived in Scottsdale for nearly 20 years and have owned single family homes for most of that period.  My fiance and I absolutely love the urban lifestyle.  Business takes us out of state a lot of […]

Many clients that are looking to relocate to the Phoenix area ask about our water situation. The water supply for Arizona is derived from four different resources: Colorado River, surface water, groundwater, and effluent. Through the “Law of the River”, Arizona, California, Colorado, Nevada, New Mexico, Utah, Wyoming, and Mexico share the water from the […]

  At Scottsdale Arizona Real Estate we are seeing a renewed interest in remodeling as the market stabilizes and home owners feel more confident that their home will hold its value. It may be of no surprise that a kitchen remodel generally warrants one of the highest returns on investment at approximately 75%. An unattractive […]

Mid Month Pricing Update and Forecast Each month about this time we look back at the previous month, analyze how pricing has behaved and report on how well our forecasting techniques performed. We also give a forecast for how pricing will move over the next 30 days. For the monthly period ending April 15, we […]