Michael Fitzpatrick

If your looking for a large urban condo with excellant finishes and location for a competitive price then look no further than Toll Brothers "The Mark" project. This 'for sale' urban product has recognized the current market and chosen to rent out some of their inventory, allowing renters to apply rent (1/2/) towards the purchase if they chose exercise that right at the end of the lease. This five story midrise is right next door to the Valley Ho and allows you to use their pool, room service, valet and concierge. The building itself is more suburban than urban but does have some extremely nice finishes (Wolf gas range with stainless hood and back splash, GE Profile appliances, granite slab counter tops, huge patios (on some units), mountain views, roof top pool and much more!!. This is one of the lowest per ft rents in any of the new buildings in downtown Scottsdale. M.

I have plenty of possible buyers looking for a 'deal' and want to focus on short sales or bank foreclosures. Short sales and bank foreclosures are not a garantee of a good value. Many people are willing to buy at 30% off of asking no matter what asking price really is or what the trends in that subdivision are. Come on people you need to get smarter about your money. You need to look between the lines not just at the discount or that the property is considered distressed. I see how difficult the market is right now and still people are not asking tough questions or looking for strong advisors to help them with their purchase. There are allot of deals to be had but they not apparent to the average buyer or agent. M.

In the past month I've seen allot of interested renters looking at The Summit at Coppersquare. The building (next door from Chase Field and one block from US Airways Arena) has some amazing amenities which include a negative edge pool on 5th, rooftop patio with gas firepits (great for watching D-Backs fireworks), a very nice gym, etc... Some of the corner units have amazing views of the stadium, city and mountain vistas. For the urban renter there are not much better options for the money. More info: http://www.phoenixurbanliving.com/downtownphoenixhighrise.html

Recently I was privilaged to attend an open house at Mezzo. It was great to see old friends and meet some new ones. More importantly I was able to spend allot of time in each of the ten units and get a better understanding of the design elements and features/finishes from the design and development team. These three story, 1500 sq. ft. modern/urban rowhomes have utilized views, glass, angles and natural elements to create a very unique development in midtown Phoenix. Also, reflecting the current market the developer has priced these gems very competitively (390-420K). Each home includes a organic garden, two car carport and much more...For more information, check out: http://www.phoenixurbanliving.com/midtownphoenixsmall.html

Over the past 60 days the inquiries into urban condos in Phoenix, Tempe and Scottsdale has jumped by almost 300%. This leads me to believe the people that were sitting on the sidelines have realized the opportunity was passing them by. With interest rates very low and plenty of product to choose from, there is a real sense that now is the time to get back into the for a unique urban home. There has been a flurry of activity in Artisan Village, Tapestry on Central, Optima Biltmore and Camelview and Northshore. If your looking to make the move, we know where the best values are. Cheers, M.