In the May Market Report 2013 by Corelogic, residential property research and services firm, it was reported that new home sales have seen an increase of 19% compared to March of 2012.  They report the recovery of new home sales, such as those seen in the Desert Ridge area, are strongest in the Western area of the United States.   The sale of distressed properties has fallen by one-third percent within the past year. However, with this new trend the prices of these homes have begun to rise.  New home prices are up 10.5% as of March 2013. Prices have been reported to have increased in some areas as much as 80% compared to March 2013.

For those looking to purchase a home in Desert Ridge, the time has never been better. Whether you seek a new home or an existing property, the choices are there, but don’t delay.

Most agree the answer to that question is no. The recovery that the Kierland area and Arizona, in general, have experienced has been steady and continues to lean towards a seller’s market with more buyers than homes available. The inventory of homes in the Kierland area has continued to decline to the point it now is considered a seller’s market. Kuldip Verma, of Vemaland, one of the largest landowners in the Phoenix area, states that overall “And the inventory from 57,000 homes in 2008 has gone down to 16,000 homes in 2013,“and the North Scottsdale area is no exception.

With a variety of parks, outdoor areas, shopping and new restaurants opening consistently, homes in the Kierland area continue to be in high demand. Kierland Commons, Scottsdale Quarter combined with a number of outdoor parks and recreational facilities make the area attractive to buyers.  Buyers are unfamiliar with the niche of beautiful home choices in the area, but after experiencing it firsthand rarely want to look elsewhere. While the inventory of the area is less than in years past, with the variety of housing choices from single family to condominium living, the Kierland area has something to offer everyone.

The McCormick Ranch 85258 zip code is a very popular area for residents looking to live in Central Scottsdale, and includes several popular Golf and Lake Communites such as Scottsdale Ranch, McCormick Ranch and Gainey Ranch.  Adding to its popularity, the city of Scottsdale was ranked The 8th Best-Run City in the Nation by 24/7 Wall Street in January 2012 based on it’s low violent crime and poverty rates (as well as other criteria). Our monthly report addresses current inventory levels, supply & demand, and price appreciation in both the City of Scottsdale, and the 85258 zip code specifically.  The report begins with a market analysis of Scottsdale, then narrows the focus down to the 85258 zip code.  Similar to most areas in the Phoenix metro market, this area is experiencing low inventory and steady sales.

If you have any specific questions about McCormick Ranch (or surrounding neighborhoods), feel free to contact our McCormick Ranch Homes Team.  Or, use the contact form below to tell us what you’re looking for.  What are your “hot buttons”?  Is it a certain school district?  Do you want to be close to shopping and entertainment?  Condo/town home or single family residence?   How many bedrooms/bathrooms?  Whatever your needs, our team of McCormick Ranch professionals is ready to help!

Below you will find a list of currently available listings in the McCormick Ranch/85258 Zip Code.  Feel free to peruse/search at your leisure, and call with any questions.  Enjoy!

Showing properties 1 - 10 of 245. See more McCormick Ranch Homes for Sale.
(all data current as of 5/20/2013)

1. $179,500 : 8653 E Royal Palm Road, Unit 1011, Scottsdale
   
   2 beds, 1.75 baths

   Home size: 1,151 sq ft

   Lot size: 1,912 sqft
   
2. $179,000 : 8700 E Mountain View Road, Unit 2037, Scottsdale
   
   2 beds, 2.00 baths

   Home size: 1,091 sq ft

   Lot size: 1,091 sqft
   
3. $375,000 : 7272 E Gainey Ranch Road, Unit 121, Scottsdale
   
   2 beds, 2.00 baths

   Home size: 1,393 sq ft

   Lot size: 544 sqft
   
4. $195,000 : 9125 E Purdue Avenue, Unit 117, Scottsdale
   
   2 beds, 2.00 baths

   Home size: 1,157 sq ft

   Lot size: 124 sqft
   
5. $539,000 : 8260 E Lippizan Trail, Scottsdale
   
   3 beds, 2.00 baths

   Home size: 2,300 sq ft

   Lot size: 10,057 sqft
   
6. $659,000 : 9200 N Rockne Road, Scottsdale
   
   4 beds, 2.00 baths

   Home size: 2,411 sq ft

   Lot size: 11,128 sqft
   
7. $350,000 : 10565 E San Salvador Drive, Scottsdale
   
   3 beds, 2.50 baths

   Home size: 2,434 sq ft

   Lot size: 7,364 sqft
   
8. $329,950 : 10050 E Mountainview Lake Drive, Unit 68, Scottsdale
   
   2 beds, 2.00 baths

   Home size: 1,321 sq ft

   Lot size: 391 sqft
   
9. $1,050,000 : 7705 E Doubletree Ranch Road, Unit 11, Scottsdale
   
   3 beds, 2.50 baths

   Home size: 2,673 sq ft

   Lot size: 6,753 sqft
   
10. $525,000 : 8554 E San Felipe Drive, Scottsdale
    
    3 beds, 2.00 baths

    Home size: 1,868 sq ft

    Lot size: 9,205 sqft
    

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Kierland is an amazing area, located in the “magical” 85254 Zip Code of Scottsdale, AZ. Because 85254 is home to what many consider to be the best school districts in Arizona (Scottsdale Unified School District & Paradise Valley Unified School District), and offers some of the best dining/shopping opportunities at the nearby Kierland Commons, this area has become extremely popular for people looking for their next home. Add to that it’s proximity to the Loop 101 and 51 freeways, and you get the perfect combination when looking for your next home. The 85254 Zip Code is commonly referred to as Kierland, and for the purposes of this report, I have included all real estate activity that has occurred in the past month within 85254.

This valuable report begins with an overall view of the Scottsdale Real Estate Market, and finishes up with a detailed analysis of the Kierland/85254 zip code.  Subscribe to the Kierland Homes Monthly Real Estate Report in order to get a copy sent to your inbox each month. The report is meant to keep you up-to-date on the latest real estate trends in the community.

Click on the box in the upper-right-hand corner of this post to view the latest statistics for the Kierland AZ 85254 market.

You may also use the contact form below to tell us what you’re looking for.  What are your hot buttons?  Is it a certain school district?  Do you want to be close to shopping and entertainment?  Condo/town home or single family residence?  How many bedrooms/bathrooms?  Whatever your needs, our team of Kierland Scottsdale professionals is ready to help!

Below is a small sampling of the homes that are currently listed and available in the Kierland market.  Feel free click on the blue link titled “See More Kierland Homes For Sale” to get a complete list of homes that are currently available.  These listings are taken directly from the Arizona MLS, which gives you the most up-to-date source of listing information on the planet.  Enjoy!

Showing properties 1 - 10 of 168. See more Kierland Homes for Sale.
(all data current as of 5/20/2013)

1. $193,000 : 5335 E Shea Boulevard, Unit 1008, Scottsdale
   
   2 beds, 2.00 baths

   Home size: 1,076 sq ft

   Lot size: 1,070 sqft
   
2. $120,000 : 5122 E Shea Boulevard, Unit 2156, Scottsdale
   
   1 bed, 1.00 baths

   Home size: 739 sq ft

   Lot size: 744 sqft
   
3. $549,000 : 5231 E Anderson Drive, Scottsdale
   
   5 beds, 3.50 baths

   Home size: 3,260 sq ft

   Lot size: 8,938 sqft
   
4. $359,900 : 6601 E Camino Santo --, Scottsdale
   
   5 beds, 4.00 baths

   Home size: 2,400 sq ft

   Lot size: 11,500 sqft
   
5. $427,500 : 5433 E Helena Drive, Scottsdale
   
   4 beds, 2.00 baths

   Home size: 2,289 sq ft

   Lot size: 8,942 sqft
   
6. $529,900 : 16219 N 62nd Way, Unit ,, Scottsdale
   
   4 beds, 2.00 baths

   Home size: 2,733 sq ft

   Lot size: 13,163 sqft
   
7. $374,900 : 5916 E Aire Libre Lane, Scottsdale
   
   3 beds, 2.00 baths

   Home size: 1,715 sq ft

   Lot size: 4,955 sqft
   
8. $469,000 : 15047 N 54th Way, Scottsdale
   
   4 beds, 3.00 baths

   Home size: 2,612 sq ft

   Lot size: 7,863 sqft
   
9. $165,000 : 4925 E Desert Cove Avenue, Unit 245, Scottsdale
   
   2 beds, 2.00 baths

   Home size: 1,059 sq ft

   Lot size: 11,148 sqft
   
10. $499,000 : 6827 E Corrine Drive, Scottsdale
    
    3 beds, 2.00 baths

    Home size: 2,530 sq ft

    Lot size: 24,085 sqft
    

Listing information deemed reliable but not guaranteed. Read full disclaimer.

There are two things to know about the Phoenix real estate market of today.   First, it can appear to move quickly.  Second, it varies depending on region, price range and community.  So while an article on the overall market in our city or county might be very interesting, it’s not all that useful when you’re trying to get a read on the specific activity in your community.  Today’s blog post is focused on the Desert Ridge 85050 zip code.  Desert Ridge is a popular area for many reasons.  It’s close to shopping, gorgeous resorts, and night life. Its proximity to the 101 and 51 freeways means that residents are about 30 minutes from wherever they want to be in the Phoenix metro area.

To view our latest market report on the Desert Ridge market, click on the Market Update box in the upper-right hand corner of this post.  This insightful report begins with an overall analysis of the Phoenix real estate market, and ends with the latest data on Desert Ridge home sales.

You may also want to use the contact form below to tell us what you’re looking for.  What are your hot buttons?  Is it a certain school district?  Do you want to be close to shopping and entertainment?  Condo/town home or single family residence?   How many bedrooms/bathrooms?  Whatever your needs, our team of Desert Ridge professionals are ready to help!

Below you will find a list of current actively listed homes in the Desert Ridge AZ Market.  Feel free to peruse/search at your leisure.  Search away, and feel free to call us at any time with questions.  We’re not high-pressure.  It’s just not “how we roll”.  Enjoy!

Showing properties 1 - 10 of 74. See more Desert Ridge Homes for Sale.
(all data current as of 5/20/2013)

1. $350,000 : 18825 N 40th Place, Phoenix
   
   4 beds, 2.00 baths

   Home size: 1,860 sq ft

   Lot size: 11,011 sqft
   
2. $399,900 : 4237 E Folgers Road, Phoenix
   
   3 beds, 2.00 baths

   Home size: 1,849 sq ft

   Lot size: 7,361 sqft
   
3. $620,868 : 3726 E Cat Balue Drive, Phoenix
   
   4 beds, 3.50 baths

   Home size: 3,834 sq ft

   Lot size: 7,942 sqft
   
4. $110,000 : 4114 E Union Hills Drive, Unit 1224, Phoenix
   
   2 beds, 2.00 baths

   Lot size: 647 sqft
   
5. $315,000 : 4009 E Paso Trail, Phoenix
   
   4 beds, 2.00 baths

   Home size: 2,102 sq ft

   Lot size: 7,624 sqft
   
6. $650,000 : 3923 E Crest Lane, Phoenix
   
   4 beds, 3.00 baths

   Home size: 3,364 sq ft

   Lot size: 6,799 sqft
   
7. $475,000 : 21850 N 43rd Street, Phoenix
   
   4 beds, 2.50 baths

   Home size: 2,252 sq ft

   Lot size: 8,450 sqft
   
8. $206,500 : 18831 N 40th Place, Phoenix
   
   3 beds, 2.00 baths

   Home size: 1,492 sq ft

   Lot size: 6,878 sqft
   
9. $375,000 : 2820 E Sunset Hills Drive, Phoenix
   
   4 beds, 2.50 baths

   Home size: 3,207 sq ft

   Lot size: 9,465 sqft
   
10. $259,900 : 3707 E Rockwood Drive, Phoenix
    
    3 beds, 1.75 baths

    Home size: 1,820 sq ft

    Lot size: 8,840 sqft
    

Listing information deemed reliable but not guaranteed. Read full disclaimer.

The Arcadia AZ Homes 85018 Snapshot is a monthly report that focuses on 85018′s inventory levels, sales volume, prices and days on market.  This area is no different from the rest of the Metro Phoenix area experiencing low inventory, stable sales and steady price appreciation. The Arcadia AZ 85018 zip code has a diverse selection of homes that consists of upper-end and luxury homes  North of the canal, and middle-to-lower priced homes to the South.  It’s an extremely popular area to live in due to it’s proximity to Sky Harbor Airport, Downtown Phoenix, and popular Phoenix Preserves surrounding Camelback Mountain and Piestewa Peak. Price calculations in this zip code tend to be more influenced by the luxury market compared to other areas.

Our Arcadia Homes Monthly Real Estate Report begins with an overall analysis of the Phoenix market, and finishes with an in-depth look at the Arcadia-85018 home sale activity in the past 30-60 days.

In the meantime, use the contact form below to tell us what you’re looking for.  What are your hot buttons?  Is it a certain school district?  Do you want to be close to shopping and entertainment?  Condo/town home or single family residence?  How many bedrooms/bathrooms?  Whatever your needs, our team of Arcadia professionals stands ready to help!

Below the contact form, you will find a list of currently active listings in the Arcadia AZ market.  Feel free to peruse/search at your leisure.  We’re not here to bug/harass you, we’re here to help you when you ask for it.  It’s just “how we roll”.

Showing properties 1 - 10 of 220. See more Arcadia AZ Homes for Sale.
(all data current as of 5/20/2013)

1. $39,000 : 3416 N 44th Street, Unit 25, Phoenix
   
   1 bed, 1.00 baths

   Home size: 702 sq ft

   Lot size: 680 sqft
   
2. $699,000 : 3608 N 56th Street, Phoenix
   
   4 beds, 2.00 baths

   Home size: 2,118 sq ft

   Lot size: 23,680 sqft
   
3. $521,000 : 3201 E Vermont Avenue, Phoenix
   
   3 beds, 2.50 baths

   Home size: 1,859 sq ft

   Lot size: 9,331 sqft
   
4. $335,900 : 4136 E Glenrosa Avenue, Phoenix
   
   3 beds, 1.75 baths

   Home size: 1,640 sq ft

   Lot size: 6,900 sqft
   
5. $749,900 : 4131 E San Miguel Avenue, Phoenix
   
   4 beds, 2.50 baths

   Home size: 2,909 sq ft

   Lot size: 23,248 sqft
   
6. $739,000 : 5322 N 32nd Place, Phoenix
   
   3 beds, 2.50 baths

   Home size: 2,346 sq ft

   Lot size: 8,764 sqft
   
7. $445,000 : 5324 N 33rd Street, Phoenix
   
   3 beds, 2.00 baths

   Home size: 1,982 sq ft

   Lot size: 9,117 sqft
   
8. $335,000 : 4226 E Pinchot Avenue, Phoenix
   
   3 beds, 2.00 baths

   Home size: 2,115 sq ft

   Lot size: 10,136 sqft
   
9. $399,000 : 5101 E Verde Lane, Phoenix
   
   4 beds, 2.00 baths

   Home size: 1,867 sq ft

   Lot size: 8,015 sqft
   
10. $149,900 : 5104 N 32nd Street, Unit 129, Phoenix
    
    1 bed, 1.00 baths

    Home size: 811 sq ft

    Lot size: 933 sqft
    

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Humphries continued, “As home values rise, some home owners will be freed from negative equity and able to list their homes, which will contribute to an easing of the inventory crunch. While this inventory is coming, it may still be a frustrating spring for buyers vying for what inventory is available. It’s important to be patient and not commit to paying beyond one’s comfort level in the heat of negotiations.”

Interested in Phoenix homes? I’m a local real estate agent who specializes in Phoenix real estate. If you would like to take a tour of available homes in the area, please contact me.

According to a new report from the National Beer Wholesalers Association, “Arizona’s beer distributors directly employ 2,881 and have an impact on an additional 7,284 jobs.” In addition to local and regional craft beers, one of Anheuser-Busch’s distributors, Hensley Beverage Co., is located right here in Phoenix. In 2011, Hensley had revenues of $340 million and employed close to 700 Valley residents.

Bill Latham of the Applied Business & Economic Research at the University of Delaware, who produced the report for the NBWA, said, “The beer distribution sector is a hidden gem that has been tremendously undervalued in previous economic reports.”

In Arizona, beer distributor activities contribute more than $242 million to the federal, state and local tax bases, and are separate from an additional $218 million in federal, state and local alcohol excise and consumption taxes on beer sold in the state. Each year, the Arizona beer distribution industry contributes more than $535 million in transportation efficiencies as well.

Perhaps not surprisingly, Texas distributors had the highest economic impact in the nation with $6.3 billion, followed by California’s $5.2 billion and New York’s $3.5 billion. Around the country, beer distributors are responsible for more than 345,000 jobs.

NBWA President & CEO Craig Purser echoes Latham’s sentiment. He said, “America’s 3,300 independent beer distributors deliver economic benefits in their communities through local business-to-business commerce, investments in local infrastructure and capital assets and tax revenue. They provide services that improve efficiency for trading partners, especially small brewers and retailers, and they ensure fair prices and a broad selection of products for consumers to enjoy.”

For more information about the Phoenix real estate market, please contact me. I specialize in Phoenix homes and would love to assist you with your search.

Phoenix home prices continue to be the talk of the real estate world, and with home sales increasing dramatically in December and January across the country, there’s no doubt the real estate recovery is finally taking shape. The S&P/Case-Shiller home price index, one of the most popular measures of home prices changes, put Phoenix at the top of a list of cities where home prices are soaring.

The monthly index covers 20 major U.S. metropolitan cities, and tracks price changes in addition to statistics like median home price, unemployment rates, and more. Here’s a snapshot of the top seven U.S. cities that have experienced double-digit price growth and how Phoenix home prices stack up against the rest:

7. Los Angeles

• 10.2% rise in home prices last year

• 40.4% drop in home prices the past six years

• $345,000 median home price

• 9.3% unemployment rate

6. Miami

• 10.6% rise in home prices in 2012

• 50.4% drop in home prices the past six years

• $196,000 median home price

• 8.1% unemployment rate

5. Minneapolis

• 12.2% rise in home prices in 2012

• 31.7% drop in home prices the past six years

• $187,000 median home price

• 5.1% unemployment rate

4. Las Vegas

• 12.9% rise in home prices in 2012

• 60% drop in home prices the past six years

• $147,000 median home price

• 10% unemployment rate

3. Detroit

• 13.6% rise in home prices in 2012

• 53.6% drop in home prices the past six years

• $45,000 median home price

• 10.2% unemployment rate

2. San Francisco

• 14.4% rise in home prices in 2012

• 22.3% drop in home prices the past six years

• $717,000 median home price

• 7.3% unemployment rate

1. Phoenix

• 23% rise in home prices in 2012

• 49.8% drop in home prices the past six years

• $164,000 median home price

• 6.7% unemployment rate

Phoenix homeowners know why this is such a great place to call home! Contact me today to learn more about available Phoenix homes for sale.

With all of this fantastic news concerning the Phoenix real estate market, you might be surprised to learn there’s even more. Last year, seven of the top 50 selling master-planned communities in the country were in the Phoenix area. Here’s a look at them:

• Ironwood Crossing in Queen Creek
• Power Ranch in Gilbert
• Vistancia in Peoria
• Hastings Farms in Queen Creek
• Verrado in Buckeye
• Estrella in Goodyear
• Freeman Farms in Gilbert

Across the Valley, home prices continue to make great strides. In December, the median single-family home prices increased by 34% year-over-year. And according to the W. P. Carey School of Business at Arizona State University, nearly every part the Valley made exceptional progress last year.

2013 will be an interesting year for Phoenix real estate to say the least. As foreclosures continue to fall and prices continue to climb, the next question is when will current home owners realize enough of a value increase to feel comfortable listing their home for sale? There’s no clear answer to this question, but things are moving in the right direction. Real estate website Zillow.com notes, “Although the inventory shortage continues, inventory levels are evening out and are no longer plummeting,” offering  prospective Kierland home buyers a glimmer of hope.

Since the real estate recovery began, the largest annual price gains have been realized in Phoenix, Las Vegas, and Oakland. Experts say that since Phoenix, Miami, Detroit, Houston, and Oklahoma City were the first to see housing prices bottom out, they will likely be the first markets where inventory levels will expand.

For more information about the Phoenixreal estate market, please contact me. I have helped countless buyers find the Phoenix home of their dreams, and I’d love to assist you in your search for the perfect home.