602.616.4829 [email protected]

Hot Housing Market Sector: Luxury Homes

A recent article from J. P. Morgan’s Real Estate Outlook entitled, Luxury home prices expected to climb higher reinforces speculation luxury homes prices will rise this year.  They site 6 key trends to support their expectation.

  1. Accelerating GDP growth marks the beginning of a new business cycle in the United States
  2. Higher equity prices have disproportionately benefited high-income households
  3. High-income households are more confident about the U.S. recovery
  4. A limited supply of trophy properties for sale intensifies demand and pushes up prices
  5. Overseas buyers view U.S. real estate as a safe haven asset
  6. Home valuations are fair and benefit from the low interest rate environment

Open House in Windgate Ranch, Scottsdale

Welcome to 17530 N. 100th Way!  This is a beautifully appointed home located at the premier guard gated community of Windgate Ranch.  It will be held open Sunday, March 23 from 1:00 P.M  to 4:00 P.M.  If you need additional information for this property or other homes in Windgate Ranch, please don’t hesitate to contact me at 602.616.4829 or email me at [email protected].

Open House – Luxury Home in North Scottsdale

Welcome to this beautifully appointed home located at 23971 N 91st Street, Scottsdale 85255 at the premier guard gated community of Prado Estates.  The home is a Calvis Wyant luxurious custom home and is one of only 18 homes with nearly 5 acre lots for each home. The property is surrounded by backyard mountain and desert vista views plus panoramic city views from the expansive 2nd story grotto. This home has it all for a desert residential masterpiece. Interior finishes are top-of-the-line, including barely used chef’s kitchen, ample full home library plus home office, home theater and personal gym well-suited for any CEO/executive and family.  It will be held open Saturday, January 25 from 12:00 P.M  to 5:00 P.M.  If you need additional information for this property or other homes in North Scottsdale please don’t hesitate to contact me at 602.616.4829 or email me at [email protected].

Phoenix Metropolitan Area one of Forbes Best Cities to Buy a Home in 2014

The Phoenix metropolitan area is on the Forbes list of Top 20 Housing Markets to invest in for 2014.  The list is based on an analysis of population, home prices, and local economic factors  for the top 100 metropolitan statistical areas.  Each of the top 20 cities have high population and job growth, relatively low home prices, and are still considered under-valued which makes them fairly low-risk investment opportunities for buyers.