After years of thoughtful planning, we are delighted to present all of the dynamic elements that will define the CityCenter of CityNorth.
Experience the vision for the largest mixed-use development in Arizona’s history, a co-development of Related Companies and the Thomas J. Klutznick Company.
CityNorth is a unique destination that will incorporate engaging public spaces and world-class architecture to provide a sophisticated and convenient lifestyle for residents and visitors. Like other celebrated cities of the world,
CityNorth will feature distinctive neighborhoods, each with its own personality.
High Street, will be a classic urban setting with approximately one million square feet of national retailers, specialty boutiques, restaurants, Class A office space, medical space and luxury living space above retail.
The Residences on High Street are our first release of residential above retail. Condominiums range in size from approximately 800 to 1850 square feet, all single story, with 1, 2 and 3 BR plans with prices ranging from $456,000 to just over $1M. In the fall of 2010, CityNorth will debut
The Boulevard, CityNorth’s grand public space and central focus of the community, with elegant condominium residences, luxury retail and creative office environments. Refreshing landscaped in-city parks featuring cascading fountains, inspiring art installations and public performance spaces run through the heart of this extraordinary urban enclave.
54th Street, also opening in the fall of 2010, is the vibrant, dynamic gateway to CityNorth. Elegant residences will overlook exquisite arcades and canopies of vivid bougainvillea in this bustling commercial corridor.
he CityNorth Sales Team is Signature Properties, Exclusive Residential Broker
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If you are interested in The Residences on High Street Condominiums, please visit the sales office or call me to arrange a tour.
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If you are considering buying a from a new builder in Scottsdale AZ or Phoenix AZ, hire an agent who knows the new home construction market in Scottsdale and Phoenix AZ and has the experience to get the job done.
Call 480.221.8080 to find out more about Phoenix AZ real estate and life in Scottsdale AZ
RL BROWN , the Maricopa County, Real Estate Expert shared the following information about the new home market and new home builders in a recent letter
Both builders were aggressive in marketing and spec building.
It should be noted that DR Horton’s numbers do not reflect the large number of age-restricted units that are enjoyed by Pulte/Dell Webb division.
Right now, we have a 70,000+ unit housing market! Last year there were 72,000 actual new sales and resale home sales in the metro Phoenix housing market – not just contracts, but CLOSED HOMES.
While that is not what we enjoyed in 2005, it remains a WORLD CLASS HOUSING MARKET.
RL Brown believes that there will be an increase in the percentage of new homes this year because the “smart” builders are working with their land owners and subcontractors to compete with the foreclosed bank owned inventory that will be our competition for the next 4 to 5 years.
RL Brown believes many builders will be offering products that compare more favorably to the foreclosed homes. More innovative floor plans, higher energy efficiency, and larger lots will be the norm. Many builders are re-platting entire communities to offer larger lots with smaller homes.
RL Brown believes we will sell more than 70,000 units this year and a larger percentage will be new construction. He notes that, “qualified buyers will buy new homes that are smaller, less exotic, and that attract attention because of the innovation of the builders and developers.”
RL Brown believes, “Interest rates will provide some offset for strict loan qualifications and FHA loans with minimal down payments will dominate a large segment of the market.”
Condos will remain attractive for a buyer segment that desire urban living and most condos of the future will be in FHA price ranges so that the typical urban worker demographic can qualify. Lastly, there are many challenges ahead, and 2009-2013 will be a period where housing history will be made in metro Phoenix.
Times may not return to the “good old days” of 2005 for some time but we do expect to see an increase this year and total sales of 105,000 by 2013.
RL Brown finishes by saying- ”The REO holders will lose a lot of money. Housing speculators will lose a lot of money.” Some things never change. Sounds like the “smart guys” are figuring it out and will live to enjoy another cycle. Sound familiar?
I want this Phoenix AZ real estate blog article to serve as an open letter to our Maricopa County (Phoenix AZ) Sheriff Joe Arpaio to do the same for those renters who have paid on-time to the landlords who pocketed the monthly rent money and did not forward to the banks / lenders.
Please consider allowing these tenants to stay in the home with an rents going to the lenders for a statutory period of time. A minimum of 30 days from the foreclosure sale to allow the tenants to find a new home to live, pack and move.
I am not suggesting that he allow those who have defaulted on a loan stay longer. However, those who have followed the law need some protection in these uncharted financial and economic times.
I am suggesting legislation to protect those many people who were harmed as a result of the mortgage crisis.
Yes, it is a sheriff’s job to carry out the law, not make the law. Though, it is also a Sheriff’s job to protect innocent people. This is not martial law. This is moral law intervening in a crisis.
Like any good American who sees people in some immediate harm , Chicago Sheriff , Mr. Dart moved swiftly to do what is morally and ethically expected to those who are in imminent danger. I commend him and he may likely get my write-in ballot for President.
I encourage Phoenix AZ sheriff Joe Arpaio to do the same and expect many write-in ballots as well.
Call your local Phoenix AZ Congressman and let your voice be heard.
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Copyright © James Wexler *Stop Foreclosure Evictions in Phoenix AZ*
If you are listing your home as a short sale in Phoenix Arizona or Scottsdale Arizona make sure you hire an agent who knows how to do short sales and has the experience to get the job done.
Call 480.221.8080 to find out more about Phoenix AZ Short Sales and Scottsdale AZ short Sales
The real estate developer, MCO Properties and MCO Realty, has designed 3 luxury home communities in Fountain Hills, AZ offering a variety of real estate and homes for sale.
* Eagles Nest - a gated community with unrivaled mountain vistas of Four Peaks, Superstitions Mountains, and the Goldfields stretching out before you, Eagles Nest offers 244 home sites, 40 miles of walking, hiking and horse trails, all only minutes from Scottsdale, Fountain Hills and Phoenix.
* SunRidge Canyon - is a golf community in Fountain Hills, AZ with 541 production homes, 286 custom home sites, an 18-hole championship golf course designed by Keith Foster, neighborhood parks connected by bike paths, and open tracts of undisturbed, natural open space.
* FireRock - just minutes away in Fountain Hills and the nearby communities of Scottsdale, Tempe and Mesa, FireRock is a private gated community with luxury custom homes built into the desert terrain of a world renowned 18-hole championship private golf course with panoramic views including the East Valley skyline, Four Peaks, Red Mountain, and downtown Phoenix.
* Eagle Mountain - buying a home in this Fountain Hills community will offer panoramic views of Phoenix and Scottsdale, Red Mountain and the undisturbed Sonoran desert canyon terrain of Scottsdale and Phoenix the ‘Valley of the Sun”.
Just 15 minutes to Scottsdale, 17 miles to Mesa, 20 minutes to Tempe and less than 30 miles to downtown Phoenix, Fountain Hills, AZ offers majestic views, scenery, biking, hiking, picnicking, children’s playgrounds, golf and the lifestyle to just do nothing.
Life in Fountain Hills, AZ truly offers something for everyone (and their friends.)
As a Phoenix real estate agent, it is my job to share accurate information to home buyers and sellers.
Unfortunately, I cannot control the Phoenix real estate market, I can only provide the most detailed information to my clients and together make an informed decision.
Understandably, people are nervous about the Phoenix real estate market. I would venture to say, a bit frightened if they read the newspapers and watch local television.
However, I want not only may the doomsday media be wrong about the direction of the economy and real estate market, things are definitely not as bad as the news may have you believe. It was just a few months ago that oil prices hit $146/barrel and gas prices at the pump hit an average of nearly $4.50/gallon in many parts of the country.
Further, everyone, not just the doomsday media and the water-cooler conversation predicted we were going to $200/barrel and more than $5/gallon at the pump. Worst, said the prognosticators, was that there was no end in sight to rising oil prices.Recently , however, Oil prices briefly fell to an 5 year low below $35 a barrel.
Granted this is a small positive by-product of speculation that the financial crisis will cause less demand for oil. However, a massive % gain (to the consumer) in oil prices in just over 2 months is very telling.
It goes to show that the media and the so-called experts were wrong. Way wrong! Could they be wrong about Phoenix real estate?
Yesterday, I showed a home to a buyer in a Scottsdale golf community called Triple Crown. They buyer called me first thing this morning and told me that he had locked in a very low fixed rate mortgage as rates dropped sharply and wanted to make an offer. The buyer feels that the market has leveled off. If it hasn’t quite leveled off, he feels that he can lock in a low fixed interest rate which lowers his payment more than expect.
I am not saying that the real estate market will see a 40% rebound in prices like oil has dropped. However, things are rarely as bad as the media would have you believe. And clearly, a recovery or stabilization in pricing and market conditions can (clearly) come quite quickly.
Read the news. However, the words are not gospel. Like the weather, the experts are rarely correct as conditions can change quickly.
If you have been planning on buying a home in Phoenix, Scottsdale, Fountain Hills, Peoria, Glendale or Mesa, and you can lock in a low interest rate in which the monthly mortgage payment is comfortable for you, now could be a great time to buy.
Remember, everyone said gas was going to $5/gallon. Today I paid $1.50!! ————————————————————————————
Copyright © James Wexler *Phoenix az real estate is stronger than media would have you believe*
If you are listing your home as a short sale in Phoenix Arizona or Scottsdale Arizona make sure you hire an agent who knows how to do short sales and has the experience to get the job done.
Call 480.221.8080 to find out more about Phoenix Arizona Short Sales and Scottsdale Arizona short Sales.
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