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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.
 
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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Beautiful Home for Sale in North Phoenix Paradise Ridge

Beautiful Home for Sale in North Phoenix Paradise Ridge

18426 N 65th Pl Paradise Ridge in North Phoenix
18426 N 65th Place in North Phoenix AZ Paradise Ridge

Located in a gated enclave, this home backs to land preserve for privacy and incredible views.

This beautiful home is located in Paradise Ridge an exclusive gated community in North Phoenix offering convenient access to Mayo Hospital, world-class golf, upscale shopping centers like Scottsdale Quarter, Kierland Commons and Desert Ridge, along with a diverse range of dining options, from fine dining to casual eateries. Luxurious modern finishes include granite countertops, brushed nickel hardware, and black iron light fixtures add sophisticated style throughout the home. Amenities in the community include heated pool, jacuzzi, parks, children’s playground and access to desert hiking trails. The area is surrounded by stunning desert landscapes and scenic mountains, providing numerous opportunities for outdoor activities like hiking, biking, and golfing.  Also available for lease.

More About This Home

Beautiful Home for Lease in North Phoenix Paradise Ridge

Beautiful Home for Lease in North Phoenix Paradise Ridge

18426 N 65th Pl Paradise Ridge in North Phoenix
18426 N 65th Place in North Phoenix AZ Paradise Ridge

Beautiful Home for Lease in North Phoenix Paradise Ridge!

This beautiful home is located in Paradise Ridge an exclusive gated community in North Phoenix offering convenient access to Mayo Hospital, world-class golf, upscale shopping centers like Scottsdale Quarter, Kierland Commons and Desert Ridge, along with a diverse range of dining options, from fine dining to casual eateries. Luxurious modern finishes include granite countertops, brushed nickel hardware, and black iron light fixtures add sophisticated style throughout the home. Amenities in the community include heated pool, jacuzzi, parks, children’s playground and access to desert hiking trails. The area is surrounded by stunning desert landscapes and scenic mountains, providing numerous opportunities for outdoor activities like hiking, biking, and golfing.

More About This Home

Scottsdale Ranked Best Golf City

Scottsdale Ranked Best Golf City

A new ranking of 200 cities by LawnStarter confirmed Scottsdale’s status among golf afficionados.

“Scottsdale, Arizona is home to many prestigious luxury residential communities centered around golf. Perfect for golf afficionados looking for a primary or secondary home.”

New Home Construction in the Phoenix Metro Area.
Whisper Rock

Scottsdale is known for attracting golf enthusiasts and affluent homeowners. The communities offer private, members-only golf club with 18-hole championship courses. Most of the clubhouse amenities include dining, fitness center, tennis, pickle ball and basketball courts, and swimming pools.  Find out the Valley’s most challenging golf courses in 2023 and rankings here.  

Concierge Auctions: October 2023

Concierge Auctions: October 2023

Concierge Auctions brings together Sellers and Buyers of unique properties.

The traditional model for buying and selling high-end real estate has limitations. The world’s finest art, classic cars, yachts, and antiques are sold at auction – so, too, is luxury real estate.

Concierge Auctions brings together Buyers and Sellers of unique properties
Concierge Auctions Silver Preferred Agent

For some properties, the traditional real estate model has limitations. These unique properties—whether by design, location, amenities, purpose, or price point—usually require a very specific buyer from a smaller buyer pool. Through Concierge Auctions, our global outreach allows us to present luxury properties to these niche buyers. We match sellers of one-of-a-kind properties with the world’s most capable buyers via a state-of-the-art digital marketing, property preview, and bidding platform.  Every single day.

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.

“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.