Jan 6, 2015
The residences and penthouses of The Sterling Collection are the newest neighborhood within Silverleaf. Priced from the low $1 million, the 213 condominiums will feature two and three bedroom floor plans ranging in size from 1,900 to 3,300 square-feet. Several exclusive penthouses averaging 2,500 square-feet will grace the top floors. The exclusive collection will feature sustainable LEED new construction, state-of-the-art automated fully robotic parking garage valet and private elevators that open directly into each home. For more information, please contact Michelle Sarocka at 602.616.4829 or [email protected]
Dec 15, 2014
Phoenix identified by NAR as one of the top ten metro areas poised to see an increased number of baby boomers moving in and buying a home.
Dec 11, 2014
Phoenix is one of the Top 10 Hot Housing Markets to Watch in 2015 according to Realtor.com Chief Economist Jonathan Smoke. The Phoenix Metropolitan are was chosen because it’s one of the top five markets for new construction and it continues to see an increase in overall population and household growth.
Dec 4, 2014
Survey: Consumers Optimistic About Housing Market for 2015
Author: Brian Honea December 3, 2014
The level of optimism for the housing market in the U.S. for the fourth quarter of 2014 is at its highest point as it has been at any point during the recovery, according to a recent survey conducted by Trulia.
The majority of American adults surveyed for Q4 said they expect all five real estate activities – selling a home, buying a home, getting a mortgage to buy a home, getting a mortgage to refinance a home, and renting a home – to be better in 2015 than they were in 2014. According to Trulia, 36 percent of respondents said 2015 would be much better or a little better for selling a home, compared to 16 percent who said they believe the coming year will be much or a little worse. The difference of 20 percentage points between the two was the highest for any of the five categories; the percentage of respondents who answered much or a little better was higher than the percentage of those who said much or a little worse in all five categories.
Of those surveyed, 74 percent said that home ownership was part of the American Dream, tying its post-recession high set in Q4 2013 and slightly higher than the percentage who felt the same way in 2012, 2011, and 2010, according to Trulia.
Among younger adults, the percentage of those who say homeownership is part of achieving the American dream is at an all-time post-recession high, according to Trulia. Of the adults from ages 18 to 34 who were surveyed, 78 percent answered yes to the question of homeownership and the American dream. The previous high was 73 percent, set in Q4 2013, and the lowest was 65 percent set in Q3 2011. Also, 93 percent of young renters said they hope to buy a home someday, according to Trulia.
Trulia reported that while optimism is high toward the housing market, barriers remain to homeownership. While the biggest barrier to home ownership is still saving for a down payment, affordability has become a bigger concern in the last year – 32 percent of respondents said increasing home prices were the biggest barrier to owning a home, compared to just 22 percent from the same period a year ago. Poor credit and qualifying for a mortgage were also cited by respondents as obstacles to homeownership.
Nov 25, 2014
Legacy Cove is a new subdivision of single family homes developed by Sonora West Development a builder of some of the finest custom luxury homes in exclusive neighborhoods throughout Arizona. The subdivision will feature 19 semi-custom homes starting in the low to mid $1.0 million. Located near DC Ranch in North Scottsdale at the corner of 94th Street and Union Hills.
