Scottsdale, AZ

New style of ceiling fans for Scottsdale homes for sale

02-03-12

Juli Vosmik - Scottsdale/Cave Creek, AZ real estate 480-710-0739

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Mobile: (480) 710-0739

While showing properties to buyers today, we entered into the garage and found a new style of ceiling fan. Do you think this trend will catch on?

Despite this new style of ceiling fan, of the 5 houses for sale in Scottsdale which we toured today, 4 went to contract in just 5 days - before we could even get home to write our contract. This is typical for homes for sale in Scottsdale. Our inventory is very low and those homes which are priced right are moving very quickly.

Maybe NOW is the time to put your Scottsdale/Cave Creek/north Phoenix home for sale. With such a low inventory, we are seeing values INCREASE in many subdivisions and homes are selling in an average of 63 days for all homes priced under $850,000.

If you're thinking of selling your home in Scottsdale/Cave Creek/north Phoenix, call me for your FREE market analysis. You may be pleasantly surprised with the numbers. And, if you're not interested today, but possibly in the near future, now might be a good time to get a feel for the CURRENT market conditions.

Juli Vosmik

480-710-0739

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After being stuck in neutral with no mechanic in sight...

02-02-12

Jason Watton Realtor® Scottsdale Arizona Homes for Sale

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Office: (602) 696-1721

Mobile: (602) 696-1721
Secondary: (602) 696-1721

We have finally kicked it into gear. The Phoenix real estate market has essentially been stuck in neutral for 2-3 years since the real estate values crashed from 2006-2008. Finally we have movement! The average price per square foot for overall Phoenix real estate has increased from $78.83 per square foot on 9/15/11 to $85.33 per square foot today, 2/2/12.

This is an increase of $6.50 or 8.2% in 4.5 short months!!!

We are now into the high season for visitors in the Phoenix area. Many of these visitors will look to buy their own little piece of the Valley of the Sun. Current inventory of properties for sale is very low, and this solid demand versus low supply marketplace points strongly toward a continued increase in local property values.

Properties below $200,000 are seeing the largest increases in value while properties priced over $500,000 are just starting to move. The Case-Shiller index recently pointed to the Phoenix market as the only market with upward movement in real estate prices. Potential buyers should take this opportunity to purchase real estate at prices still approximately half of values from 2006. Potential sellers who have been patiently waiting should consider this a window of opportunity with increasing prices and very low inventory.

Call Jason today to discuss how this changing market effects your personal real estate needs!!!

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Multiple Offer Strategies....when CASH is NOT always King!

02-02-12

Jessica Sulliman Metro Phoenix Real Estate 602-677-7977

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Office: (602) 677-7977

Mobile: (602) 677-7977
Secondary: (602) 677-1002

Here in the Metro Phoenix AZ real estate market, or in this case Scottsdale AZ real estate market, it may not be Spring yet but the heat is definitely ON!

Cash Buyers Phoenix AZ Real estate

As soon as signs go up, and often before a listing even hits the MLS as active, prospective buyers are on their phones begging their agents to get the scoop. If the price is right....an agent can expect multiple offers to hit their email and fax within the first few days on market.

So....how does a financed owner occupied buyer prevail and beat out all those cash snowbirds and investors chomping at the bit for the next priceless pearl?

Write a letter.

Yep, that's what you should do. Write a letter. And try to meet the Seller so you can introduce your family and let them know how great their home is. Obviously, this strategy probably won't work with a Lender Owned or Foreclosed property listing, but it will with a short sale or traditional sale where there is a human being selling the home who has some emotional investment in the property.

Appeal to their emotions. Let them know how much you love their home and want to be a part of what once was their neighborhood. If it's a short sale, let them know you will wait out the negotiations and that you, too, are emotionally invested in their home.

Most distressed sellers don't want to leave.....but have exhausted all other options. They are often close friends with their neighbors and know that little Sally next door would love another 5 year old to play with, seeing as she won't be able to play with the Seller's little Joey anymore.

Now, it goes without saying that your offer will also need to be very competitive. I wrote a separate blog on that which you may reference here. Keep it clean: Don't ask for home warranties or seller concessions....put as much money down as you can, offer as much earnest up front as you can....reduce inspection periods, etc.

Don't think a letter will work? Think I'm full of hot air?

I just had a listing in Scottsdale accumulate 10 offers over a 3 day period on market. We listed aggressively at $169,990 (Wow, Sellers who took my advice, woo hoo!). We had several cash offers below, at, and above list price, up to $175k. We had finance offers up to $183k. So, which offer did the sellers take, you ask? Obviously the $175k 10 day quick close cash offer, right? Or maybe the $183k finance offer?

Eh. Wrong. The seller accepted neither of those offers. They went with the conventional offer for $179k. It was slightly lower than the other finance offer, but the buyers were putting 20% down and they MET THE SELLERS AND WROTE A LETTER. Jessica Sulliman Realtor Scottsdale Real Estate AZ The sellers were sure of their decision, before we even sat down to thoroughly review and dig through the pile of offers. A few thousand dollars made little difference to them. Bottom line? They loved the buyers!

The old saying in sales is that people buy from people they like. Why should it be any different for a seller?

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Phoenix and Scottsdale Luxury Condo Market - 2011 Results

02-02-12

Heather Tawes Nelson ABR, CLHMS - Scottsdale, AZ

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Mobile: (602) 751-1675

Here are the 2011 results for the Scottsdale and Phoenix luxury condo market. The total number of luxury condo sales in 2011 was up to 20, which was up from 16 in 2010 and 11 in 2009.

Scottsdale and Phoenix Luxury Condo Market Statistics - 2011
Here are the combined sales results for these luxury condos. Sales were somewhat level throughout the year. Q1 was the strongest quarter with 6 sales and Q4 was the weakest with 4. Of note is that average discounts off of list price shrunk quarter after quarter. In Q1, buyers enjoyed an average of 17% off of asking price. By Q4, that discount was only 6%. Also, we saw a large drop in days on market for the last half of the year.

Scottsdale Luxury Condo Market Statistics - 2011
Here is the same analysis as above, but this one only includes Scottsdale luxury condo sales. As you can see, Q1 was the best performance for Scottsdale luxury condos, double the activity of the other three quarters. Q1 also saw the lowest average sales price and price per square foot coupled with the largest discount off of asking price.

The majority of luxury condo sales in Scottsdale for 2011 took place at Optima Camelview and Scottsdale Waterfront Residences. However, we did see some different communities making some strides including The Landmark in the Kierland area and the newly re-opened Safari Drive.

Phoenix Luxury Condo Market Statistics - 2011
Here is the recap for the Phoenix luxury condo market. As you can see, there were no sales in Q1 for Phoenix. The middle two quarters enjoyed some activity and then we closed out Q4 with a single sale. Average sales price and price per square foot dropped over the course of the year, but the average discount off of asking stayed pretty level.

There were three communities in the Biltmore area represented in the 2011 condo sales. Esplanade Place had two sales as did 2 Biltmore Estates. The third community was The Residences at 2211 Camelback.

Year Over Year Comparison of Sales - 2009 through 2011
Here are the sales figures for the last three years including number of sales and average sales price. Scottsdale luxury condos have seen a lot of sales growth over the last couple of years, but have also seen average sales price decrease. Sales figures for Phoenix luxury condos have stayed somewhat flat, but we are also seeing price declines over time.

Overall, the luxury condo market had a decent 2011. Sales were up over 2010 and activity was somewhat level from a macro level. However, looking a little more closely, Scottsdale started off very strong in Q1 2011 and then dropped down and stayed there. Whereas, Phoenix had no sales in Q1 and then saw level sales activity for the remaining three quarters.

Originally posted on Live Better in Scottsdale

Disclaimer: Information herein deemed reliable but not guaranteed. Data and information was pulled from the Arizona Regional MLS (ARMLS) as of 4/1/2011, 7/1/2011 and 10/1/2011 and 1/1/2012 and can change at any time. The analysis looks at resale luxury condos in Scottsdale and Phoenix over the last 12 months. There may be new home inventory in these figures if the developer is using the MLS to market its homes. Some rounding in the percentage figures may result in figures not adding to 100%.
Copyright © 2012 Heather Tawes Nelson

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Scottsdale Property - Satisfaction and Sophistication

02-01-12

ACCURATE REALTY GROUP WASHINGTON

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Office: (800) 492-4023

Scottsdale Property

Scottsdale is actually not a big city. It is a moderate city with a total population of 217, 385 and is located at the eastern part of Maricopa County, Arizona, United States, adjacent to phoenix. Beside Scottsdale is Phoenix and Paradise Valley, by north is carefree, by south is Tempe and by east are Fountain Hills and the Salt River Prima- Maricopa Indian Community. Scottsdale is mostly known for its late night partying and the buzzing hotel scene. Scottsdale is actually full of Scottsdale property here and there. Having real estate and Scottsdale properties are their trademarks. When it comes to Scottsdale taxes, they would actually provide you reasonable rates and charges that you would be paying for and you would actually see the development in where your money would be going.

Recreation around Scottsdale property

Scottsdale is best known for its recreational amenities. They also have a lot of parks that makes them famous. They actually boast 40 parks and a lot of sports center. They are known because of this for a good reason. Scottsdale’s complexities of the area demographics and real estate laws are many that are why there are many opportunities in here.

Satisfaction is what Scottsdale offer. Their city is really not that big but you would love it when you try it there. Offering a good and well business in there such as real estate like houses, hotels, apartments, condo’s and furniture is good. When it comes to furniture, they offer nothing but the best. Many investors are indeed investing in there because of its high quality. Who would not want world class? No one right? Scottsdale condo’s would best suit your needs when it comes to short-term and long-term accommodations, they have all the good services from cheapest to luxurious. They also offer houses, houses that are well furnished and very family friendly. For the apartments, it’s actually a semi-condominium that you would really love to stay. High standards in affordable and reasonable prices would be your treasure forever. Invest for the best and chooseScottsdale Property.

CHOOSING SCOTTSDALE PROPERTY WOULD BE YOUR SATISFACTION.

Knowing that you would really appreciate and love the choice that you would be making within them is one of the best. Scottsdale property management would be as simple as it is, because when you think about Scottsdale real estate it's not hard to see how beautiful and captivating Scottsdale really is. Just like their high Sonoran Dessert that has its own beauty on its own. Like the mountains that creates the beautiful and vibrant array of colors from the sun and clouds that meander across the unending skies and from the setting of the sun to the bright and colorful flowers, to the everlasting blues of the sky that gives you a feeling of heaven and paradise. Scottsdale property has what it takes to be world class.

Knowing more about Scottsdale property would allow you to decide if where you would really want to. It’s unbeatable real estate. The rank, the quality, the assurance and of course the satisfaction that is the ultimate reward of having the real satisfaction of having your own property on its best.