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The Market: Housing Market Update for 3Q 2021

Oct 26, 2021

The Phoenix Metropolitan Area continues to lead the nation in year-over-year home price increases according to national and local housing market economists.  The Case-Shiller 20-City Home Price Index for July 2021 showed Phoenix led the nation with a 32.4 percent year-over-year increase in home prices in July while San Diego was second with a 27.8 percent increase year-over-year followed by Seattle at 25.5 percent.  Overall, the National Composite Index marked its 14th consecutive month of accelerating prices with a record 19.7 percent.

The Cromford Report, which follows housing trends in Maricopa county indicated Phoenix led the nation with the largest percentage increase in home prices from August to September 2021 at 3.32 percent.  This increase in home prices was significantly higher than Tampa at 2.94 percent and Las Vegas which had a 2.77 percent increase in prices.

The Market Update provides a closer look at the 3rd Quarter key statistics for Phoenix and neighboring cities in the Valley of the Sun.

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Modern Living in Windgate Ranch

Apr 12, 2020

An incredible opportunity to own in the Toll Brother’s community of Windgate Ranch, this two-level remodel is sure to please. A spacious plan with formal and casual spaces, it offers a great room design for everyday living with island kitchen, nook and family room while the formal dining room can entertain a larger group and the formal living room a perfect conversation space. A private office and home theater offer function and fun. Upstairs you’ll find a second family room ”aka the romper room” surrounded by 4 nice-sized bedrooms and a split master suite with sitting area, fireplace and spa-style bath. In true Arizona fashion, the outdoors is designed with covered dining, a modern pool, built-in BBQ, grassy area with bistro lighting and covered ramada with fireplace and sitting area.
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Open House Weekend: Silverleaf at DC Ranch

Jan 4, 2020

Completely remodeled Camelot Veranda plan on an oversized lot near Homestead Park in Silverleaf.  Award winning Interior Designer, Claire Ownby, ASID remastered this residence with timeless elegance.  Interior details and updates include the removal of key walls to open the floor plan, wood plank flooring throughout, black granite slab counter surfaces, new Subzero/Wolf appliances in kitchen with furniture grade paneling, all new cabinetry, plumbing fixtures, new interior and exterior light fixtures, new BBQ station/grill, overhauled landscaping plus the addition of a 3rd garage space *6 bedrooms includes a separate entrance guest house.  Tesla solar panels installed to offset electric costs.  This is the only, new-completely remodeled home in Silverleaf at this price.

Open House:

Saturday, January 4, 2020 from 12:00 to 3:00 PM

Sunday January 5, 2020 from 12:00 to 3:00 PM

Paint it Black

Dec 16, 2019

Shading your walls in black may not be the first thing that comes to mind when you’re considering paint colors. But black has a daring all its own that can bring character and chicness to your space.  “The result is both unexpected and incredibly sophisticated,” says Andrea Magno, a Benjamin Moore color and design expert.

“Black has an interesting effect on the walls of a room because the corners and shadows are obscured more than if a midtone or pastel color is used,” Magno says. “This can be used as a visual trick to give the space a less-defined appearance and can make a room feel a bit more expansive.”

Black walls can also bring coziness. “Dark walls coupled with dramatic lighting create an instant air of luxury and sumptuousness,” says Karen Howes, CEO and founder of London-based interior-design firm Taylor Howes.

Discover more about how you can leverage black accents in your home from RESIDE® Magazine