Thursday, February 17, 2011

Curious about Purchasing in Arizona??

Lara Chubaty from Russ Lyon Sotheby's International Realty has been kind enough to share some need to know info on Arizona and what is happening in that market place,
From Lara:



Here is some real estate market info that I’d like to share.
If you or your clients should need info on the area, the buying process, implications for Canadians, or resources for lending to Canadians, just let me know.
It seems like there are a few different demographics/price points in terms of what people are looking for here in Arizona:
1. Scottsdale condos  for 120K-150K OR between 200K-300K(everyone seems to know that Scottsdale is the upscale resort town to be in)
2. 4 bedroom 3 bath homes that can be shared with a big family for 130K-160K (I usually find something for people in NE Phoenix, Surprise)
3. North Scottsdale home for 400K-600K in a community like Bellasera, Legend Trail, Terravita, Grayhawk, DC Ranch, etc
4. Luxury part time residence ($1 milion to 2 million) Paradise Valley, Scottsdale, or Carefree
Naturally these price estimates are generalizations….
When it comes to Scottsdale condos, people don’t realize how geographically large Scottsdale is. It was developed from downtown Scottsdale all the way north up to Carefree. Scottsdale gets newer, nicer, and more expensive as you go North.
Here are some condo deals in Scottsdale that I found.
I broke it down into 3 areas: Downtown Scottsdale, Scottsdale, and North Scottsdale 
These are all at least 2 bedroom, 1.75 bath or more. They are all in communities that have a heated community pool.
 Note that they are listed in ascending price per square foot.
SCOTTSDALE (BETWEEN INDIAN BEND & BELL)      http://www.flexmls.com/link.html?u579tprl7cf,12,1
NORTH SCOTTSDALE (NORTH OF 101)      http://www.flexmls.com/link.html?u579tnyz6wk,12,1
 If you have any questions about these properties, or about real estate here in the Valley, just let me know.

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