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The Market: Mid-Year Update 2023

Aug 4, 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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Valley of the Sun Relocation Guide

Mar 26, 2023

The Valley of the Sun Relocation Guide is designed to provide a wealth of information to those new to the Phoenix area.  As excited as you may be moving to the valley, it may still be a challenge to move in to a new community.  This guide contains information and relocation tips to help smooth your adjustment into Arizona and learn about all the resources and activities available in your new home.  You can also learn about what each wonderful city has to offer, business, education, healthcare, leisure and recreation, sports and athletics, shopping, dining and entertainment.  Click here to view the online guide.

Welcome to the Valley of the Sun!

Buyers Around the Globe Expand Their Search for Luxury Properties

Feb 15, 2023

In luxury markets across the globe, buyers are taking a closer look at slightly more out-of-the-way destinations that may offer a bit more value, after a booming real estate market saw prices skyrocket.  Two high-demand luxury destinations are Scottsdale and Paradise Valley near Phoenix, Arizona.  Buyers are moving to these two cities for the lifestyle and jobs are following.
 
 
This section of  the 2023 Luxury Outlook report, explores some of the destinations experiencing growth as a result of Buyers changing needs including Scottsdale and Paradise Valley.  I hope that this compilation of research and industry perspectives, exclusively presented by Sotheby’s International Realty, helps you as you look to invest you 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.
 
Read Report Here
 

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Luxury Outlook 2023

Jan 11, 2023

I am pleased to introduce the Sotheby’s International Realty 2023 Luxury Outlook report, which outlines the industry trends and happenings across high-end residential markets around the world. In 2022, we saw mortgage rates soar after two years of historic lows, fueling a “lock-in” effect that strained an already tight market as homeowners continued to spend more time at home than ever before. In this report, we highlight the trends that you can expect in the year ahead, from the projected flow of global wealth into the real estate market to luxury real estate in the metaverse.
 
 
Through the 2023 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 you equity wisely in the year ahead.
 
 
Here is a snapshot of takeaways from the report:

 

 
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.
 
Read Report Here
 

QUESTIONS?

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Undeniably Chic Thanksgiving Decor Ideas

Nov 3, 2022

Undeniably Chic Thanksgiving Decor Ideas

Elle Decor polled interior designers on some of their best Thanksgiving decoration ideas and the ideas are undeniably chic.

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There are creative ways to bring a bit of holiday glamour to your Thanksgiving dinner table.

Thankful for these stylish design moments!

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The Market: Housing Market Update 3rd Quarter 2022

Oct 30, 2022

The Market: Housing Market Update 3rd Quarter 2022

Housing Market Update for Phoenix and neighboring communities including Scottsdale, Paradise Valley, Arcadia and Gilbert.
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“Homes prices per square foot have appreciated 40.3% over the last two years.”

Sales of existing homes declined in the 3rd quarter as the housing market continues to undergo an adjustment due to rising interest rates according to national and local housing market economists. Home sale prices, however, increased from one year ago.

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