About Phoenix's Paradise Valley

It's Moving Day for me, not my household, my business is moving. I'm saddened to be leaving REMAX Fine Properties and excited about the future with Realty ONE Group. I was at REMAX Fine Properties for 8 years. I started my career, as an agent, with them and until recently couldn't have imagined leaving. I have many friends there that I will miss and I wish them all the best.

I'm very excited about working with the folks at Realty ONE Group. I did my homework and looked at several other brokerages but Realty ONE Group just seemed like the right fit for me and I hope to be there a very long time. Many thanks to the Active Rain members who have offered advice and support as I contemplated this move you know who you are.

Well, here's lifting a glass to all of us and our future success.

Courtesy of Barb Savoy-Pacella, ABR, CHMS, CEO Keller Williams Arizona Realty

www.PacellaGroup.com

Could the luxury markets in Phoenix be seeing signs of life?

Most would agree that 2009 and 2010 were very challenging years for the Phoenix area luxury markets, but there is optimism on the horizon.

Associates at the Paradise Valley and Scottsdale Luxury Tours are reporting luxury properties that are coming onto the market for only a few days and receiving multiple offers. December 2010 marked the stabilization of the median home price in Paradise Valley for a full twelve month period.

The data indicates that sales in the $1,000,000 to $1,500,000 price range valley wide are gaining momentum with an 8.3% absorption rate, and even at the $4,500,000 to $5,000,000 range, absorption is at 6.9%. That's obviously not a "recovery," but certainly an improvement from the 4% to 5% range previously.

Paradise Valley is humming along with a 13% absorption rate in the $1,000,000 to $1,500,000 price range and 14.3% in the $4,500,000 to $5,000,000 range. If you consider that the overall absorption rate valley wide in all price ranges and property types is 20.5%, Paradise Valley seems to be holding its own.

As we are aware, real estate is about price, location, and condition. Well priced luxury homes in great locations are selling.

Current Conditions in the Phoenix Market:

• There are 29,515 single family detached listings currently in MLS. That is a decrease of 1073 listings from last week, which is significant.

• There are 36,159 total listings currently active in MLS, which includes condos, townhomes, patio homes and lofts.

For additional information about the Phoenix market, please contact us at www.PacellaGroup.com

	2929 E Wagoner Rd Phoenix, AZ 85032 Stunning total remodel like buying a new home.
Home Photo Gallery Virtual Tour Property Map Payment Info Request Showing Contact Me Michael Roubal Office: 480-629-8136 Mobile: 480-444-8264 Website: Visit Website	Price : $119,000 Bedrooms : 3 Bathrooms : 2 Square Foot : 1,116 Lot Size : 6 County : Maricopa Property Type : Detached Year Built : 1985 MLS Number : 4421392 click for more information and pictures Property Description Stunning TOTAL REMODEL like buying a NEW HOME! New kitchen with Granite Countertops, Maple Cabinets, Stainless Steel Appliances, Brushed nickel Hardware, 18 inch Ceramic tile, New double pane widows, New carpet in All Bedrooms, New Paint Inside Out, New Light Fixtures, New Ceiling fans, New Front door, and much more. Close to highway, shopping, PV Community College, and more. Features List Phoenix, AZ North Canyon H.S. Campo Bello Elem Pepper Ridge 3 bedroom 2 bath
Equal Housing Opportunity.	Dwellings Realty Group : 8707 E. Vista Bonita Drive, Suite 240 - Scottsdale AZ 85255 : 480-629-8136

Beautifully remodeled 3 bedroom 2 bath home in the Moon Valley area of Phoenix, close to Paradise Valley as well. Right down the street Paradise Valley Community College, shopping, Highway 51 and AZ Loop 101 access, and much more. Paradise Valley mall very close as well, with a Phoenix park and golf course right down the street. Come see this 3 bedroom 2 bath today before its gone. Moon Valley and Paradise Valley areas are very sought after and this 4 bedroom 2 bath home is a rare find.

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