Special offer

Scottsdale, AZ Real Estate News

By Heather Tawes Nelson, Associate Broker, ABR, CLHMS, CRS - Scottsdale, AZ
(Live Better in Arizona )
- March 2024 Scottsdale Homes for Sale and Home Sales - Now that it is the high season, we are seeing lots of sales activity in Scottsdale. Inventory, contracts and sales were all up. SCOTTSDALE HOME SALES ACTIVITY –  MARCH 2024 Each month, we look at the following four items related to home sales: - Single-family homes for sale - Orange Line - How many homes were on the market at the end of the month. - Under contract, but accepting backup offers (UCB) - Gray Line - The number of UCB contracts there were at the end of the month. - Pending home sales - Yellow Line - How many pending sales there were at the end of the month.*- Home Sales - Blue Line - How many homes sold during the month. MARCH 2024 RESULTS Scottsdale Homes for Sale: Inventory fell slightly by the end of the month. Howev...
Comments 2
By Jane & Jeff Daley, PhD, Scottsdale Real Estate Arizona
(Luxury Valley Homes Scottsdale)
Is It Getting More Affordable To Buy a Home?Over the past year or so, a lot of people have been talking about how tough it is to buy a home. And while there’s no arguing affordability is still tight, there are signs it’s starting to get a bit better and may improve even more throughout the year. Elijah de la Campa, Senior Economist at Redfin, says:“We’re slowly climbing our way out of an affordability hole, but we have a long way to go. Rates have come down from their peak and are expected to fall again by the end of the year, which should make homebuying a little more affordable and incentivize buyers to come off the sidelines.”1. Mortgage RatesMortgage rates have been volatile this year – bouncing around in the upper 6% to low 7% range. That’s still quite a bit higher than where they ...
Comments 1
By Dru Bloomfield, Scottsdale AZ Real Estate
(The Penrose Team)
The 2008 summer concert series started last night at the McCormick-Stillman Railroad Park, on the southeast corner of Indian Bend and Scottsdale Roads.  We walked down to the park and spent some time listening to 60 North play a mix of R&B and pop tunes, while enjoying the perfect weather.  The lawns were filled with families and food, while kids were crowding the stage wanting their turn to dance in the spotlight. Arrive early, and bring a blanket or chair.  Overflow parking is in the shopping center to the north.  Concerts run every Sunday, through mid-July, from 7:30 to 9 p.m.  The Rest of the Line-up:May 18: Groove Merchants (Big City sound with hot horn section)May 25: Mogollon (High energy country)June 1: The Hamptons (Early Rock n' Roll to today's hits)June 8: Rock Lobster (Retr...
Comments 3
By Bob & Carolin Benjamin, East Phoenix Arizona Homes
(Benjamin Realty LLC)
Fusion is both a cozy mom-and-pop establishment while at the same time it is hip and contemporary. There are some "edgy"menu items such as tempura-battered bell peppers with roasted jalapeno mayo while at the same time very traditional dishes such as macaroni and cheese. Located at 4441 N Buckboard Trail in Scottsdale Arizona. Their happy hour finds many of their menu items at substantial discount, as well as beverages. Call them at 480-423-9043 for more details.
Comments 0
By Bob & Carolin Benjamin, East Phoenix Arizona Homes
(Benjamin Realty LLC)
Looking for a gem in the desert? Want to have 3-star dining at a modest cost? Then check out L’Ecole Restaurant in Scottsdale. L'Ecole is a Mobil 3-star, student run restaurant located on the campus of the Scottsdale Culinary Institute. The Mobil 3-star rating is the highest award granted for student-operated restaurants. L’Ecole Restaurant is dining at its finest and can accommodate over 100 patrons. Reservations are almost always required, as the restaurant has gained an excellent reputation. Reservations are often filled more than a month in advance. L’Ecole is an operations classroom and instructional laboratory for students of Scottsdale Culinary Institute. Menu items change regularly.  Located at 8100 E Camelback Road. You can call 480-990-7639 for more details.
Comments 0
By Bob & Carolin Benjamin, East Phoenix Arizona Homes
(Benjamin Realty LLC)
Are you tired of the same-o, same-o pizza and looking for something a bit new and different? If you live in the area of Scottsdale Arizona you may want to check out Pizza Picazzo located at 7325 E Frank Lloyd Wright in Scottsdale. This interesting establishment bills itself as "pizza art". There are seven different sauces, nine cheeses, eleven meats and seafoods and twenty - three toppings (including pears, walnuts and tofu). The goal is to let pizza eaters become pizza artists and develop "pizza art". Call them at 480-990-2212 for more information about hours. They also have an establishment in Tempe - call them at 480-831-5823 for information about that location.
Comments 0
By Bob & Carolin Benjamin, East Phoenix Arizona Homes
(Benjamin Realty LLC)
If you are in the Scottsdale area and looking for a restaurant that is elegant and offers unusual tasty dishes then you will want to check out Mosaic located at 10600 E Jomax Road in Scottsdale Arizona. The dishes are elegant and healthy at the same time. Some menu items are decidedly different -"bacon wrapped kangaroo loin with cardamom vanilla risotto with root-beer-huckleberry demi glace" --- not something you see on many menus. Call them at 480-563-9600 for more information.
Comments 0
By Bob & Carolin Benjamin, East Phoenix Arizona Homes
(Benjamin Realty LLC)
You do not need to be a health fanatic to appreciate this urban tea room oasis. Madela Tearoom offers soothing surroundings, organic foods, interesting teas, and elixirs to help boost health. plus more to be found. Food is vegan. There is also an apothecary on the premises. Their website explains about a number of the teas that they carry. Definitely a soothing experience in the desert. Located in Scottsdale at 7027 E Fifth. Call 480-423-3411 for more details and hours.
Comments 0
By Bob & Carolin Benjamin, East Phoenix Arizona Homes
(Benjamin Realty LLC)
If you are wanting something different and in the vicinity of Scottsdale Arizona you may want to check out Roka Akor. Roka Akor is an intriguing restaurant with a charcoal fire robata grill. Robatayaki is a grilling technique devised by Japanese fishermen. The menu is contemporary and service is on handmade dinner ware small plates. Located at 7299 N Scottsdale Road. Check out their website for more menu details.
Comments 0
Gentry Realty has worked on this seminar for almost a year. Join Gentry Real Estate & Investments (and friends) on May 21st as we will be sharing our criteria on how to analyze the right markets and the right property for your investment portfolio. Here are a few of the topics that will be covered: Learn the 7 Point Market & Property Evaluation System Understanding the Real Estate Market Cycles Learn the Top 5 Reasons We Invest in Real Estate Why Now is a Fantastic Time to Invest or Re-invest in Real Estate Comparing Real Estate vs. CD’s, Mutual Funds and Cash Flow Investment Opportunities In and Out of State And Much Much More! Plan to join us in Scottsdale, Arizona for an exciting evening of real estate education, networking and opportunities. Tell a friend! Where: 9237 E. Via de Ven...
Comments 5
By Bob & Carolin Benjamin, East Phoenix Arizona Homes
(Benjamin Realty LLC)
When did you last find a cup of coffee for 25 cents? Been awhile? If you are in Scottsdale Arizona check out Chloe's Corner located at 15215 N Kierland in the Kieland Commons in Scottsdale Arizona. Here you will locate a 25 cent cup of coffee and a one stop experience that offers part retail store and part diner. There are homemade cookies and milkshakes in addition to sandwiches and more. They serve breakfast, lunch and early dinner. Call 480-998-0202 for more details.
Comments 1
By Will Daly, www.WeKnowUrban.com - Phoenix High Rise and Loft C
(We Know Urban Realty)
The City of Scottsdale is frustrated and "cutting ties" with Alan Ferris, the developer of Main Street Plaza, a high end condo and loft community in downtown Scottsdale.Back in March 2002, Scottsdale agreed to sell Farris land in and around Main Street and Goldwater Boulevard so that he could help to revitalize the area by creating a new pedestrian friendly arts district with art galleries, shops and a Western Museum to compliment the Scottsdale Artist's School and benefit from the proximity to the Loloma Bus Center.  The plan included the constrution of 250 condominiums and lofts built over four phases.Scottsdale further agreed to assist with the plan by paying for parking garage, plaza and alley improvements to the tune of $4.7 milion.   and granted Ferris the right to buy city owned ...
Comments 0
By Heather Tawes Nelson, Associate Broker, ABR, CLHMS, CRS - Scottsdale, AZ
(Live Better in Arizona )
Fresh from overwhelming success in Beverly Hills, California, Sprinkles Cupcakes has now opened a location in Scottsdale. Located on the northeast corner of Scottsdale Road and Camelback Road, across from the Scottsdale Fashion Square Mall, the store is in a prime location in the rapidly expanding and ever-more-chic Downtown Scottsdale. Sprinkles Cupcakes have been featured on Oprah, The Today Show, Martha Stewart, the HBO series Entourage and many more shows. They come in over 20 flavors and are baked in small batches throughout the day to maintain peak freshness. In order to deliver the best quality, some of the flavors are only available on certain days of the week. A sampling of the delicious flavors includes: Ginger Lemon which is a spiced ginger cake with cream cheese frosting. Mo...
Comments 4
By Paul Slaybaugh, Scottsdale, AZ Real Estate
(Homesmart)
Remember back in the day when the buying process entailed finding the home of your dreams?  When value was defined by the home that held the most value to you?Boy I do.  I remember it like it was ... 2004, actually.See, in 2005, everything went nutty in Scottsdale.  With rampant speculative buying driving the market up, up and away, the average homebuying Joe stopped looking for a dream home.  He just wanted a house.  Any house.  If it took bidding against 8 other Joes, he did it.  He might not have ended up with his dream home, but so what?  He'd just turn around and sell it in a couple of years.  At the current rate of appreciation, it was destined to be worth a quarter million more by the time he would be clear of capital gains.  He'd cash in his lottery ticket, and go buy his palace...
Comments 80
By Heather Tawes Nelson, Associate Broker, ABR, CLHMS, CRS - Scottsdale, AZ
(Live Better in Arizona )
In September of 2007, I started compiling data on the Scottsdale luxury home market broken into price ranges. (Note: The data is for single-family resale homes.) As of April 2008, some promising trends have been emerging, with results varying depending on the price range. - APRIL 2008 - Homes Priced Between $1,000,000 - $1,499,999- Actives: There were 628 actives, which is lowest level we have seen since December 2007.- Pendings: There were 43 pending homes, which is above the average of 38 we have seen over the last 8 months. This is also a 7.5% increase over March. - Sold: There were 24 sales in April, which is the same number of homes sold in March. - Sales Price to Listed Price: 92.3% Homes Priced Between $1,500,000 - $1,999,999- Actives: There were 321 actives in April which is up ...
Comments 0
By Dru Bloomfield, Scottsdale AZ Real Estate
(The Penrose Team)
I live on McCormick Ranch Golf course and feel just a bit spoiled waking up to these beautiful views each morning.Here's a Flickr photo set of the golf course, so you can see more of photos of the course. Also you can subscribe to this photo set, so you will be updated as I add more pictures of this centrally located public course.For more information about the specifics of playing on the centrally located public course, your can visit the McCormick Ranch Golf Club site. 
Comments 0
By Dru Bloomfield, Scottsdale AZ Real Estate
(The Penrose Team)
Here are the Altos Research real estate market updates for all Scottsdale zip codes. These freshly updated reports are in a one page executive summary format.  If you'd like the more detailed report for your zip code, please call or email me.This week's update:85262 - Listing prices have been increasing, as have days on market.  Inventory has decreased. 85266 - Listing prices have increased.  Days on market increased.  Inventory increased. 85255 - Median list price is steady.  Days on market increased. Inventory tightening. 85260 - Listings prices plateaued. Days on market down.  Inventory up. 85254 - List price trending down. Days on market and inventory are steady. 85259 - Listing prices holding steady. Days on market and inventory are increasing. 85258 - Listing prices up in past cou...
Comments 0
By Paul Slaybaugh, Scottsdale, AZ Real Estate
(Homesmart)
McCormick Ranch Real Esate Market ReportSaguaro High School DistrictApril 2008Active ListingsProperty Type:   Residential       Status:   Active SubjectProperty        #ML#StatusAddressBuiltFe CodeSqFtList PriceLP/ SFADOMCDOM1 2978969 act 7812 N Via Del Sol -- Scottsdale 1976 42RXP2G 2072 $225,000 $109 13 11 2 2945558 act 7762 N Via de La Sombre ST Scottsdale 1977 32RDX2G 2037 $375,000 $184 64 64 3 2898758 act 8714 E VIA DE BELLEZA -- Scottsdale 1979 32RDX2G 1908 $380,000 $199 143 143 4 2977228 act 7008 N Via De Paesia ST Scottsdale 1975 42FRDX2GS 2152 $399,900 $186 13 13 5 2979845 act 7678 N VIA DE PLATINA ST Scottsdale 1979 22RDXS2G 1812 $405,000 $224 9 9 6 2821245 act 7110 N Via De Amigos -- Scottsdale 1974 32RDXP2G 2011 $415,000 $206 21 270 7 2953545 act 7623 N VIA DEL PARAISO -- Sc...
Comments 5
By Paul Slaybaugh, Scottsdale, AZ Real Estate
(Homesmart)
McCormick Ranch Real Estate Market ReportChaparral High School District(April 2008)  Active ListingsProperty Type:   Residential       Status:   Active SubjectProperty        #ML#StatusAddressBuiltFe CodeSqFtList PriceLP/ SFADOMCDOM1 2871435 act 8633 E San Alfredo DR Scottsdale 1979 32FRDX2G 1712 $315,000 $184 192 192 2 2983487 act 8601 E SAN ALFREDO DR Scottsdale 1978 32FRX2G 1712 $369,000 $216 3 3 3 2979689 act 8308 N 85TH ST Scottsdale 1979 32FR2G 1930 $379,900 $197 10 10 4 2884201 act 8032 E Naseem TRL Scottsdale 1979 32FRDXP2G 2070 $399,000 $193 172 256 5 2882436 act 8326 N 85TH PL Scottsdale 1979 32FR2G 1712 $399,500 $233 174 174 6 2983659 act 8379 E SAN SALVADOR DR Scottsdale 1979 32FBDXP2G 1865 $415,000 $223 3 3 7 2894911 act 8778 E Appaloosa TRL Scottsdale 1993 32FRDX2G 1800 $4...
Comments 3
By Paul Slaybaugh, Scottsdale, AZ Real Estate
(Homesmart)
Nature has a way of reminding us.A languid Sunday morning beckoned me outside.  The wind which I heard gusting the night before as I lay in bed had whimsically blown a layer of leaves into the pool.   Glad for the excuse, I sauntered out in new robe and old sandals to separate earth from water.  Standing on tip toes as I strained to free the net from its place on the patio's fascia board, a faint familiar scent played at my nose.  I stopped in mid reach and closed my eyes, letting the fragrance wash over me like so many fond memories.  Turning half a step to my left to inhale the recollection even deeper, I tasted the tiny bananas.  I heard the unsure pulse of the lagoon as its contents gently lapped the rocky shore.  I felt the sun kiss my receptive skin as I swam and paddled and dozed...
Comments 39
By Paul Slaybaugh, Scottsdale, AZ Real Estate
(Homesmart)
McCormick Ranch Real Estate Market Report for Palo Viento 2April 2008    ACTIVE LISTINGSProperty Type:   Residential       Status:   Active SubjectProperty        #ML#StatusAddressBuiltFe CodeSqFtList PriceLP/ SFADOMCDOM1 2920829 act 7985 E Via Bonita -- Scottsdale 1977 42BP2G 2686 $675,000 $251 100 100 2 2868773 act 8034 E Via Bonita ST Scottsdale 1977 42FRXPO2G 2700 $775,000 $287 193 193 3 2934377 act 8436 N Via Linda DR Scottsdale 1978 33.5FRDXP2G 3300 $1,395,000 $423 79 264 4 2956783 act 7887 E Via Bonita -- Scottsdale 1978 54RDXPQO2GS 3685 $1,399,900 $380 43 43 Average    3,092$1,061,225  104150Number of Properties: 4 ( Average ListPrice / Average SqFt ) : ( 1061225 / 3092 ) = $ 343.22  There are no homes currently under contract in Palo Viento 2.There were no closed sales in Palo ...
Comments 5
By Will Daly, www.WeKnowUrban.com - Phoenix High Rise and Loft C
(We Know Urban Realty)
After the recent opposition to the cross downtown Hanover project, another residential condominium development is under fire from nearby residents.  The project submitted their proposal to the Scottsdale Development Review Commission this year with the project name of 3500 Toscana (3500 N Miller Rd. is the address).  The site is on the northwest corner of Osborn and Miller Roads, adjacent to Scottsdale Stadium on the west and a single-family neighborhood across Miller to the east.  The applicant perfectly utilized the zoning ordinance with the Downtown Overlay to fulfill his vision for a mini-urban community.  Unfortunately, the neighbors across the street are unhappy with the initial plans for a variety of reasons.The project sits on a 4.2-acre lot, boasting 97 condominium units rangin...
Comments 0
Explore Scottsdale, AZ
Scottsdale, AZ Real Estate Professionals