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THE MARKET

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Picture Perfect

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Well-chosen art can enhance the value of your home

When it comes to residential properties, nothing enhances an extraordinary home like a carefully crafted art collection.
Pinnacle Pavilion Car Lounge in Estancia Golf Community in North Scottsdale.

Nothing enhances an extraordinary home like a carefully crafted art collection.

Art’s power to enhance an extraordinary residence has been proven again and again over decades of high-profile sales, in which Sotheby’s International Realty offered the homes of collectors whose art was also brought to auction through Sotheby’s.  Pinnacle Pavilion in North Scottsdale’s Estancia Golf Community features the artwork of Niki Woehler Studio & Gallery in Scottsdale, Arizona.

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Copyright © 2024Michelle Sarocka

2024 Mid-Year Luxury Outlook

2024 Mid-Year Luxury Outlook

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Explore the latest insights shaping global luxury residential property markets in our first ever Mid-Year Luxury Outlook report.

Luxury Outlook 2024 Mid-Year Report

Our Knowledge, Your Advantage

The 2024 Mid-Year Luxury Outlook℠ report complements the highly coveted annual edition, offering consumers a crucial advantage in navigating the fast-paced luxury property market by examining pivotal, forward-looking issues shaping global luxury residential markets.

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Copyright © 2024Michelle Sarocka

Luxury Outlook 2024

Sothebys Luxury Outlook 2024 Michelle Sarocka LUXRLT
Presented By Michelle Sarocka

I am pleased to introduce the Sotheby’s International Realty 2024 Luxury Outlook report, a comprehensive exploration into high-end real estate markets across the globe. Following several years of residential real estate frenzy, the report reveals buyers have begun to acclimate to a new world of higher interest rates, with high-end home seekers expanding their reach to more parts of the world. The report, explores trends shaping real estate investment decisions in the year ahead, from intergenerational transfer of wealth, to pinpointing parts of the world where tax incentives are increasingly enticing.

Through the 2024 Luxury Outlook report, our goal is to help you navigate this fast-moving and ever-changing real estate market. I hope that this compilation of research and industry perspectives, exclusively presented by Sotheby’s International Realty, helps you as you look to invest your equity wisely in the year ahead.
 
Key findings featured in the report include:
As always, I am here to answer any questions regarding the market locally or assist in connecting you with a Sotheby’s International Realty expert in another part of the country or world.  Search Luxury Real Estate in Scottsdale and Paradise Valley.
 
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The Market: Mid-Year Update 2023

The Market: Mid-Year Update 2023

Housing Market Update for Phoenix and neighboring communities including Scottsdale, Paradise Valley, Arcadia and Gilbert.
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“Home sale prices steadily increased in 2023 following monthly declines during the second half of 2022.”

Sales of existing homes in the Phoenix Metropolitan Area increased in the 2nd quarter over 1Q23 even as the housing market continues to undergo an adjustment due to rising interest rates.

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