602.616.4829 [email protected]

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

Economist’s Outlook: Jobs Report

May 3, 2019

The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Bureau of Labor Statistics (BLS) report on the employment situation in April and impact on housing market. “Fantastic news on the jobs market as abundant job openings are getting filled. Such conditions bhttp://bit.ly/2JH1OKDoost consumer confidence which further feeds the economy. Despite the hefty 263,000 net new job creation in April (and 2.6 million over the recent 12 months), essentially no jobs were added in the key housing sector where there is an acute housing shortage. Jobs in residential construction were reduced by 2,500 and grew by only 3,100 in residential contractor trade in April. For the economy to rise in a healthy balanced way over the long haul, an adequate housing supply is a must. More home construction of mid-priced homes are needed so that teachers, nurses, and police officers are able to live in the community in which they serve. For that to happen, residential construction jobs and residential contractors need to grow by close to half a million. There is no expectation for quick gains as construction job openings go unfulfilled. Expect housing shortage to be a major issue in the next year’s election.”

Valley Housing Report Shows Price Gains

Nov 26, 2018

According to a study by Metro Phoenix Housing Market Data and Analysis and RL Brown Housing Reports, the Valley’s residential sector is not only surviving, but also thriving — with no sign of a bubble.  “This is a solid-looking housing market… it’s the best it’s been in years,” said RL Brown, publisher of RL Brown Housing Reports.  “This is the kind of housing market consumers should be looking for — be they buyers or be they sellers. This is a steady, stable, but growing housing market on the resale side and the new home sale side,” Brown said.

The report states the region saw the most home permits and closing it has seen in the past 10 years for October.  New home sale prices were up 5.89 percent in October, accordign to the monthly report, with a median price of $332,186 on 1,651 sales for the month. Resale home prices were up 1.83 percent with a median price of $250,000 on 8,542 sales for October.  Data in the report shows the housing market is experiencing a steady increase, whereas a bubble typically comes after a rapid spike in sales and prices.

2019 Forecast: Existing-Home Sales to Stabilize and Price Growth to Continue

Nov 6, 2018

Consumers should expect home sales to flatten and home prices to continue to increase, though at a slower pace, according to a residential housing and economic forecast session at NAR’s 2018 REALTORS® Conference & Expo .

As Lawrence Yun, chief economist at the National Association of Realtors®, presented his 2019 housing and economic forecast, he was joined onstage by Lisa Sturtevant, President of Lisa Sturtevant & Associates, LLC, who discussed the importance of affordable housing in the U.S.

Much of Yun’s presentation focused on recent declines in home sales, but in the context of long-term trends to illustrate the housing market’s actual performance.

“Ninety percent of markets are experiencing price gains while very few are experiencing consistent price declines,” said Yun. “2017 was the best year for home sales in ten years, and 2018 is only down 1.5 percent year to date. Statistically, it is a mild twinge in the data and a very mild adjustment compared to the long-term growth we’ve been experiencing over the past few years.”

Open House: 10073 E. Ridgerunner Drive, Scottsdale

Oct 27, 2018

Incredible opportunity to live near the Windgate Ranch Community Center with park, pools, teen room, event spaces and more!  A beautiful two-level floor plan, this residence offers a home theater, two offices, loft, envious master retreat, guest casita, and outdoor living with Roman style pool, built-in BBQ, misting system, covered and open patios and grassy play area.

Open House Saturday, October 27th from 12:00 to 4:00 P.M.