Feb. 2, 2024

Tips for Finding the Best Family Hotels in Scottsdale

Starting a family trip is an exciting undertaking, and selecting a suitable hotel is an important step in ensuring an amazing time. Scottsdale provides a diverse selection of hotels that appeal to different needs, with a vibrant variety of attractions and a welcoming atmosphere suitable for families. This article will provide important advice for locating the finest Scottsdale hotels for families, ensuring that your stay not only fulfills but is above the expectations of each family member.

Define Your Family's Needs

Before going into hotel choices, pause to figure out the specific requirements of your family. Take into account the number of family members, their ages, and any particular needs, such as adjoining rooms, cots, or a place to stay that allows pets. Understanding your requirements can assist you in selecting Scottsdale hotels for families that are compatible with your family's characteristics.

Prioritize Location

Scottsdale features a variety of neighborhoods, each providing a distinct and individual experience. Give priority to the location based on your family's choices, such as if you prioritize being close to child-friendly attractions, retail districts, or outdoor activities. To optimize your stay, take into account variables such as transportation ease and accessibility.

Family-Friendly Amenities

Choose Scottsdale hotels for families that exceed expectations by providing a variety of features that are designed to suit families. Swimming pools, playgrounds, and places to play are exceptional additions to make sure children remain pleased. Verify if the hotel offers cheap cots, high seats, or other essential items to ensure the comfort of your children.

Check Reviews and Ratings

Examine online reviews to get valuable information about the personal experiences of families who have stayed at the Scottsdale hotels you are considering. Take heed of comments regarding the hotel's facilities suitable for families, the level of cleanliness, and the hospitality of the staff. A great deal of favorable feedback from families serves as a reliable indication of a hospitable atmosphere.

Inquire About Kid's Programs

Several welcoming Scottsdale hotels for families provide customized services and engaging activities specifically designed for children. Seek information regarding these programs, since they can enhance the level of fun for your children. Child-oriented programs, such as arts and crafts, storytelling sessions, and outdoor experiences, enhance the experience of a family holiday, making it more memorable.

Consider Suite Options

Choosing villas offers extra room and privacy for families. Seek Scottsdale hotels for families that have suite accommodations featuring separate living spaces and bedrooms. This arrangement enables parents and children to have separate areas, resulting in a more pleasant and satisfying experience.

Flexible Dining Options

An ideal hotel for families should have flexible dining choices treahat adapt to different preferences and timetables. Search for Scottsdale hotels for families that include local restaurants that provide dining options suitable for both adults and children. Additional credit is given if the hotel offers meals specialized for children or rooms for particular dietary needs.

Pet-Friendly Policies

Make sure to inquire about the hotel's policies regarding the acceptance of pets if you are traveling with pets. All members of your family, including those with four legs, will have a comfortable stay at one of the Scottsdale hotels for families that allow pets.

Plan for Activities Nearby

Take into account the accessibility of activities suitable for families in nearby to the accommodation. Having attractions near, such as parks, museums, or entertainment places, improves the whole experience. Verify if the hotel provides details regarding adjacent activities suitable for families or if it has developed relationships to give exclusive discounts.

Budget Wisely

Although it may be enticing to take part in an expensive family vacation. It is important to use the funds wisely. Create your financial plan for the hotel and mark funds for other components of your journey. It is important to realize that selecting the best family hotel involves achieving an optimal balance of comfort, amenities, and financial factors.

Connect with Hotel Staff

Before your arrival, feel free to contact the hotel staff without any hesitation. Kindly include details regarding any specific plans or requests you may have, to facilitate a seamless check-in procedure. Establishing a favorable relationship with the personnel might enhance the level of customization and satisfaction throughout one's stay.

Be Flexible with Booking

More versatility in the process of making bookings can result in more advantageous deals. It is advisable to make reservations during periods of low demand or to make use of family-oriented package offers that may include free meals, activities, or extra benefits. Having a flexible approach to your vacation dates might expand the range of possibilities. Available to you while staying within your budget.

Check for Safety Measures

Protect the safety and welfare of your family by assessing the hotel's safety protocols. Seek out attributes such as enclosed pool areas with enhanced security measures, well-illuminated communal areas, and full compliance with sanitation and health protocols. A hotel that is suitable for families places a high emphasis on ensuring the security and well-being of its guests.

Utilize Loyalty Programs

It is advisable to make use of them to potentially obtain discounts, room upgrades, or other benefits. Loyalty programs have the potential to enhance the quality of your stay while improving the overall experience of a family trip.

Plan for Special Occasions

Consider contacting the hotel in advance if your family vacation coincides with a significant event, such as a birthday or anniversary. Several family-oriented hotels in Scottsdale provide exclusive packages or services customized for celebration events. Improving the overall experience of your stay.

Discover Your Ideal Residence in Scottsdale

Have you ever considered the experience of waking up with amazing desert views and busy city environments? Explore our most recent blog post as we uncover the strategies for discovering your ideal residence in Scottsdale with nearby Scottsdale hotels for families. Are you prepared to transform your ideal residence into an actual existence? Discover a wide range of properties, from lavish mansions to intimate desert getaways, with our comprehensive knowledge and expertise. Discover the wide range of real estate options available in Scottsdale and begin the process of making this distinctive city your home. Are you prepared to begin your real estate try? Reserve your spot now or get in touch with us to initiate the quest for your peaceful haven in Scottsdale!

 

Conclusion

 

Discovering the best Scottsdale hotels for families entails an enjoyable exploration. That requires careful examination of your family's distinct requirements and preferences. By giving importance to the choice of site and considering family-friendly features. Every aspect of the planning process contributes to the creation of a holiday that is filled with memorable moments. By combining these suggestions. You will be sufficiently ready to select a family-oriented hotel that not only fulfills but is above the expectations of each family member. Ensuring an exceptionally unforgettable experience in Scottsdale.

 

Posted in Real Estate News
Jan. 15, 2024

How to Find the Perfect Home for Sale with a Pool?

The goal of owning a home for sale with pool extends above only providing a means for cooling oneself from the heat of summer. It includes the desire to create an environment suitable for relaxation and entertainment. If you are determined to find an ideal home for sale that includes a swimming pool. This article will provide you with the necessary knowledge and skills to navigate the real estate market with assurance. We will help you through the essential strategies to transform your vision of home for sale with pool shelter into a reality, considering your preferences, tracking down reasonable networks, and investigating support necessities.

Define Your Pool Preferences

Start by clearly defining what you're looking for in a pool. Think about the size, shape, and profundity that line up with your necessities. Are you thinking of a lap pool for exercise, a pool that is fun for the whole family, or a posh infinity pool for a touch of class? Realizing your inclinations will direct your inquiry and assist you with focusing on highlights of home for sale with pool.

Assess Your Space Requirements

It is vital to evaluate the general space necessities while a pool is a phenomenal expansion. Consider the size of the terrace or open-air region and how it obliges both the pool and extra elements like a porch, deck, or finishing. A harmonious and useful outdoor living environment is made possible by striking a balance between your desire for a pool and the available space.

Research Pool Types

There exists a wide variety of pools, each possessing distinct characteristics and features. Explore the numerous types of pools, ranging from traditional in-ground options to outside options, to choose the one that best fits your lifestyle and preferences. Moreover, consider highlights like cascades, spas, and lighting to improve the style and usefulness of your pool.

Explore Neighborhoods with Pool-Friendly Climates

Your pool's usability and enjoyment are significantly influenced by the local climate. Investigate regions with warm temperatures and a lot of bright days to expand your pool insight. Take into account the seasons and weather patterns in your area to make sure your pool is fun all year.

Set a Budget

A crucial step in the home-buying process is creating a budget that is within your means. Past the underlying expense of the north scottsdale homes for sale, calculate the costs related to pool support, protection, and likely redesigns. You'll be able to narrow down your choices and concentrate on homes that meet your financial objectives if you know what your budget constraints are.

Work with a Real Estate Professional

Engaging in a partnership with a real estate expert who specializes in properties with swimming pools is a smart choice. A seasoned realtor possesses the expertise to navigate the market, identify appropriate properties, and advocate on your behalf during discussions in home for sale with pool. They also have insights into local regulations regarding pool installations and can provide valuable advice throughout the buying process.

Consider Maintenance Requirements

Maintaining a pool-equipped Arizona home for sale with a pool comes with responsibilities. Consider the time and exertion you're willing to put resources into pool upkeep. You will be able to make an informed choice regarding the kind of pool that is compatible with your way of life if you are aware of the requirements for maintenance, such as cleaning, checking the balance of chemicals, and checking the equipment.

Attend Open Houses and Tours

Take advantage of open houses and property tours to get a firsthand look at homes with pools for sale. Pay attention to the pool's condition, surrounding landscaping, and overall ambiance. Use this opportunity to ask questions about the pool's maintenance history and any recent upgrades.

Factor in Safety Measures

Wellbeing is vital with regards to pools, particularly assuming you have kids or pets. Investigate homes with wellbeing elements, for example, pool fences, alerts, and secure pool covers. Make these safety precautions a part of your plan to ensure that everyone in your family will have a stress-free and enjoyable time at the pool.

Envision Your Lifestyle

The secret to discovering the perfect pool house lies in imagining your ideal lifestyle. See yourself relaxing beside the homes with a swimming pool, organizing gatherings, and embracing the calmness of your outdoor oasis. Relying on your vision as a guiding principle. You will discover the one that aligns most effectively with your objectives.

Discover Your Ideal Residence And Explore Stunning Properties Featuring Swimming Pools

Have you ever imagined owning a south scottsdale homes for sale where each day reminds you of a trip? Our real estate services specialize in connecting you with a dream home for sale with pool, transforming the ordinary into extraordinary. Are you ready to dive into the world of exclusive properties. Each offering a poolside retreat and the promise of a lifestyle filled with relaxation and luxury? Book now to start on a journey of finding your perfect home or contact us for personalized assistance. Let's turn your vision of a poolside paradise into a reality!

Conclusion

 

Owning a home for sale with pool is a satisfying cost that extends above the measurable benefits. It relates to creating an environment where valued memories are formed, and the focus is on relaxing. To discover the ideal home for sale with a pool, you can decide on your preferences, familiarize yourself with the local environment, and work with experts. This will enable you to begin on a journey to find a haven where each day feels like a holiday.

Posted in Real Estate Tips
Jan. 10, 2024

Exploring the Market for 3 bedroom house for sale in Phoenix, AZ

Starting the search for a new residence is a major achievement in the vibrant city of Phoenix, AZ. The housing market presents a wide range of opportunities. If you are specifically interested in purchasing a house with three bedrooms. This article will assist you in navigating the process of investigating the wide range of 3 Bedroom house for sale in Phoenix. We will explore the fundamental features of locating the ideal 3-bedroom residence that suits your requirements, including knowledge of market dynamics and consideration of your family's wants.

Understanding the Phoenix Real Estate Landscape

Diverse Neighborhoods

Phoenix is known nationally for its varied neighborhoods, each providing a distinct combination of services, atmospheres, and home designs. To effectively search for a 3-bedroom house, it is important to comprehend the distinct attributes of several communities, such as the historical attractiveness of the family-oriented atmosphere.

Market Trends

Keep yourself updated on the latest market developments in Phoenix. Does the current market exhibit a greater advantage for buyers or sellers? What is the mean price per square foot for 3 bed houses? Acquiring experience with these examples offers indispensable bits of knowledge into the elements of the land business, empowering you to settle on exact choices.

Property Appreciation

Phoenix has had significant property gain in recent years. Assess the past growth rates in various neighborhoods to determine the prospective return on investment. This data has the potential to impact how you make choices and your financial strategy for the future.

Determining Your Priorities

Family Needs

Evaluate the requirements of your family in terms of a home with 3 bedrooms. Take into account variables such as the number of individuals in the household, potential future expansion, and any particular need for bedrooms, such as a home office or guest room.

Amenities and Features

Specify the features and benefits that are of greatest significance to you. To accelerate your search for the ideal 3-bedroom home, it is crucial to understand your preferences, such as a large outside area, an updated kitchen, or access to parks and schools.

Budget Considerations

Create a practical budget for your house purchase. Consider ongoing costs like property taxes, homeowners' association fees, and maintenance fees in addition to the initial costs. A clear budget will direct your search and prevent you from considering properties that may exceed your financial limitations.

Navigating the Home Search Process

Online Platforms

Utilize internet real estate platforms to search for available 3-bedroom homes for sale in Phoenix. Websites and applications offer a plethora of information, including property specifics, pricing, and virtual tours. Initiate your exploration by refining choices that correspond to your specific criteria.

Real Estate Agents

Recruit a proficient neighborhood realtor who is very much familiar with the Phoenix market. An expert real estate agent might offer significant viewpoints, coordinate property appearances, and help with the haggling system. Their expertise can be quite beneficial in navigating through every aspect of the home-buying process. We are available to provide you with real estate services for the sale of a home that contains three bedrooms.

Attend Open Houses

Participate in open houses to obtain a direct and quick view of potential homes. This allows you to assess the condition, arrangement, and atmosphere of the property's surroundings. Make an internal record of your views and utilize this data to improve and clarify your personal preferences.

Evaluating 3-Bedroom Houses

Home Inspections

Give attention to doing home inspections to identify any possible issues with the property. A thorough examination offers a thorough understanding of the home's state, helping in making informed decisions and possibly bargaining fixes or changes to the selling price.

Neighborhood Dynamics

Examine the dynamics of the neighborhood in which the 3 Bedroom house for sale is situated. Assess variables such as safety, accessibility to facilities, quality of education, and the general atmosphere of the town. An area that is in accord with your way of life increases the overall quality of living.

Future Growth and Development

Research any coming changes or alterations in the area. The provided information can have an important impact on the value of properties. Also, have an impact on general satisfaction with the 3 Bedroom house for sale you ultimately select. A predictive strategy ensures the future security of your investment.

Negotiating and Closing the Deal

Strategic Negotiations

Employ effective negotiating techniques while presenting an offer for a 3 Bedroom house for sale. A real estate agent can guide you on matters like pricing, contingencies, and other negotiation aspects. Develop a flexible mindset while maintaining a clear focus on your priorities.

Understanding Closing Costs

Get to know yourself about the expenses involved when buying a house. Closing costs include charges for services including assessments, title searches, and legal documentation. Gaining a thorough understanding of these expenses enables you to divide funds appropriately for the closing phases of the home-purchasing procedure.

Securing Financing

If you have not yet obtained financing, work closely with a lender of home loans to complete the process of securing your loan. Ensure timely submission of all required papers and remain updated on the loan approval procedure. An efficient financing process facilitates quick closing.

Preparing for Homeownership

Homeownership Responsibilities

Make necessary arrangements to fulfill the responsibilities related to buying a home before the closing date. This encompasses continuous maintenance duties, compliance with homeowners' association rules (where applicable), and an understanding of your rights and duties as a homeowner in Phoenix.

Moving Plans

Strategize your actions effectively. Regardless of whether you move within the same area or from a different state, create a clear schedule for the tasks of packing, engaging professional movers, and adjusting to your new residence with 3 bedrooms. Identify and actively address any logistical problems that will minimize stress during the moving process.

Embracing Your New Home

Experience the delight of owning a 3-bedroom residence in Phoenix as you enter your new home. Take enough time to thoroughly investigate your local area, establish connections with nearby residents, and customize your living environment to create an actual feeling of connection.

Unlock the Door to Your Next Chapter with a 3-bedroom House in Phoenix

Beginning the process of purchasing a 3 Bedroom house for sale in the bustling metropolis of Phoenix is an exciting task. Are you prepared to gain access to your next phase and easily manage the real estate industry? We have a committed team available to assist you at every stage, providing exceptional knowledge and customized services designed just for your individual needs. Convert your real estate effort into a simple and satisfying experience. Are you prepared to take the first step forward? If you are interested in buying a 3-bedroom house, please contact us for more details.

Conclusion

 

Exploring the market for 3 Bedroom house for sale in Phoenix is an exciting undertaking that requires a thoughtful and planned approach. From knowing the current status of the real estate market to assessing your family's requirements and analyzing prospective properties, every stage plays a role in discovering the ideal 3-bedroom home that matches your way of life and goals. To ensure a confident and well-informed selection in your quest for homeownership in Phoenix, it is advisable to utilize online resources, actively interact with real estate experts, and remain updated on market trends.

Posted in Real Estate Tips
Feb. 2, 2023

Find Your Dream Home in McCormick Ranch, Scottsdale

McCormick Ranch is a beautiful and well-established community located in Scottsdale, Arizona. With its wide range of homes for sale and desirable location, McCormick Ranch has become one of the most sought-after communities in the area. Whether you are looking for a luxury home, a spacious family home, or a starter home, McCormick Ranch has something for everyone.

McCormick Ranch is a 1,000-acre community located in the heart of Scottsdale, Arizona. It is known for its lush greenery, beautiful lakes, and winding paths, making it an ideal location for outdoor enthusiasts and families. The community is also home to a number of shopping centers, restaurants, and parks, making it an ideal location for those who want the best of both worlds.

Homes for Sale in McCormick Ranch

McCormick Ranch Homes for Sale comes in a wide range of styles and prices, making it easy for buyers to find the perfect home to fit their needs and budget. From luxury homes to more affordable options, McCormick Ranch has something for everyone.

A. Luxury Homes: McCormick Ranch offers a wide range of luxury homes for sale, including single-family homes, townhomes, and condominiums. These homes are designed with luxurious finishes and amenities, including gourmet kitchens, spacious living areas, and large outdoor spaces.

B. Family Homes: For families looking for a spacious home, McCormick Ranch also has a number of family homes for sale. These homes are designed with families in mind and feature spacious living areas, multiple bedrooms, and large yards.

C. Starter Homes: For first-time homebuyers, McCormick Ranch has a number of starter homes for sale. These homes are more affordable and are designed for those who are just starting out. They offer the perfect balance between affordability and comfort.

Location and Lifestyle in McCormick Ranch

McCormick Ranch is located in the heart of Scottsdale, making it an ideal location for those who want the best of both worlds. With its close proximity to shopping centers, restaurants, and parks, residents of McCormick Ranch can enjoy the best of urban living while still having access to nature.

A. Outdoor Activities: McCormick Ranch is an ideal location for outdoor enthusiasts. With its lush greenery, beautiful lakes, and winding paths, residents can enjoy a wide range of outdoor activities, including hiking, biking, and fishing.

B. Shopping and Dining: For those who enjoy shopping and dining, McCormick Ranch is home to a number of shopping centers and restaurants. From local boutiques to major retailers, residents have access to a wide range of shopping options.

Investing in McCormick Ranch Real Estate

McCormick Ranch real estate is a great investment for those who are looking to buy a home. With its desirable location, beautiful homes, and strong real estate market, McCormick Ranch is an ideal location for those who want to invest in their future.

Conclusion

In conclusion, McCormick Ranch is a beautiful and well-established community that offers a wide range of homes for sale. Whether you are looking for a luxury home, a spacious family home, or a starter home, McCormick Ranch has something for everyone. With its close proximity to shopping centers, restaurants, and parks, and its lush greenery and outdoor activities, McCormick Ranch is an ideal location for those who want the best of both worlds. If you are looking to buy a home, McCormick Ranch is the perfect place to call home.

 

Posted in Real Estate News
Feb. 1, 2023

Get a Perfect Home with the Help of a Professional Real Estate Service

Home buying can be an exciting yet stressful experience. With so many options available, finding the right home that meets all your needs and preferences can be challenging. A professional real estate service can help you find your dream home and make the buying process much easier and less stressful.

Why Hire a Real Estate Service?

  1. Knowledge of the Market: A professional real estate service has an in-depth understanding of the local housing market. They have access to real-time information about the prices, inventory, and other essential details that can impact the buying process. With their market knowledge, they can help you find the right home that meets your budget and preferences.
  2. Expertise in Negotiations: Buying a home can be an emotional experience, and negotiations can be challenging. A professional real estate service can help you navigate the negotiations process and ensure that you get the best deal possible. They can negotiate on your behalf, so you can relax and focus on finding your dream home.
  3. Network of Professionals: A professional real estate service has a network of professionals who can help you with various aspects of the buying process, such as home inspectors, mortgage brokers, and lawyers. They can help you find the right professionals and ensure that you receive the best service possible.
  4. Time-Saving: Finding a home can be time-consuming, especially if you have a busy schedule. A professional real estate service can save you time by searching for homes that meet your requirements and setting up appointments for you to view them. They can also handle all the necessary paperwork, so you don't have to.

How to Choose the Right Real Estate Service

  1. Reputation: Choose a real estate service that has a good reputation and has been in business for a while. Look for customer reviews and testimonials online to get an idea of the quality of service they provide.
  2. Experience: Look for a real estate service that has experience in the area you are interested in buying a home. They should have a deep understanding of the local market and know the best areas to look for your dream home.
  3. Communication: Choose a real estate service that is easy to communicate with and provides prompt responses to your questions and concerns. They should be available to answer your calls and emails and keep you updated on the latest developments.
  4. Professionalism: Look for a real estate service that is professional and provides excellent customer service. They should be knowledgeable and able to answer your questions and help you find the right home for you.

Conclusion

Finding your dream home can be a challenging process, but with the help of a professional real estate service, you can find the perfect home for you and your family. Russ Lyon Sotheby's International Realty Scottsdale is a well-reputed real estate service that offers a comprehensive range of services to help you find the right home. With our market knowledge, expertise in negotiations, and network of professionals, we can help you find the right home that meets your budget and preferences. Contact us today to start your home-buying journey.

 

 

Posted in Real Estate News
Jan. 4, 2023

Scottsdale Townhomes: What You Need to Know Before Buying

Are you considering buying a townhome in Scottsdale, Arizona? If so, you’ve made a great decision. Scottsdale is a beautiful city with a lot to offer its residents. From great shopping and dining to outdoor activities and entertainment, there’s something for everyone in Scottsdale. But before you make the big investment, there are a few things you should know.

Location

When it comes to buying a townhome in Scottsdale, location is key. You want to make sure you’re in an area that is close to amenities, has good schools, and is safe. You also want to consider the commute time to your job or other places you frequent. If you’re looking for a more rural setting, there are plenty of options in the area.

Cost

The cost of a townhome in Scottsdale can vary greatly, depending on the size, location, and amenities. Townhomes in the city center tend to be more expensive than those in the suburbs. You also need to factor in the cost of property taxes, insurance, and other expenses.

Amenities

When looking for a townhome in Scottsdale, you should consider the amenities that come with the home. Some townhomes come with a pool, spa, and fitness center, while others may have a clubhouse or other recreational activities. You should also consider the amount of storage space and whether or not the home has a garage.

Safety

Safety is an important factor when buying a townhome in Scottsdale. You should research the crime rate in the area, as well as the local police department’s response time. You should also make sure that the home is up to code, and that the neighborhood is well maintained.

HOA

Most townhomes in Scottsdale are part of a homeowner’s association (HOA). The HOA is responsible for maintaining the common areas of the community, such as the pool and clubhouse. It also sets rules and regulations for the community and enforces them. You should make sure you read and understand the HOA rules before you buy.

Home Inspection

Before you buy a townhome in Scottsdale, you should have it inspected by a professional home inspector. This will help you identify any potential problems with the home and give you an accurate assessment of its condition. The inspector will check for structural damage, electrical and plumbing issues, as well as any potential hazards.

Closing Costs

When you buy a townhome in Scottsdale, you’ll need to pay closing costs. These costs include attorney fees, title insurance, and other fees associated with the closing process. You should factor in these costs when you’re budgeting for your new home.

Buying a townhome in Scottsdale can be a great investment. But before you make the big purchase, you should do your research and make sure you’re making the right decision. Consider the location, cost, amenities, safety, HOA, and home inspection before making your final decision. With a little bit of research and preparation, you can find the perfect townhome for you and your family.

Posted in Scottsdale news
Jan. 4, 2023

What Makes Scottsdale an Ideal Location for Buying Property

Located in the heart of the Phoenix metropolitan area, Scottsdale is a popular destination for those looking to buy property. Whether you are seeking a primary residence, vacation home, or investment property, Scottsdale has a lot to offer. Here are some of the reasons why Scottsdale is an ideal location for buying property.

  1. Strong economy: Scottsdale has a strong and diverse economy, with industries ranging from healthcare to technology to tourism. This economic stability can be attractive to potential buyers, as it can help ensure that property values remain strong.
  2. High quality of life: Scottsdale has a high quality of life, with plenty of opportunities for outdoor recreation, cultural events, and dining and shopping. It also has top-ranked schools and a low crime rate, making it a desirable place to live and raise a family.
  3. Affordable housing options: While property prices in Scottsdale can vary, there are a range of housing options available at different price points. From luxury homes to more affordable options, there is something for every budget.
  4. Proximity to Phoenix: Scottsdale is located just a short drive from Phoenix, which offers a wide range of additional amenities, including professional sports teams, major airports, and a thriving arts and culture scene.
  5. Growing population: Scottsdale has a growing population, which can be a positive for property values. As more people move to the area, demand for housing can increase, which can help drive up property values.
  6. Low unemployment rate: Scottsdale has a low unemployment rate, which can be attractive to potential buyers who are seeking job opportunities in the area. This can help ensure that buyers have a stable income to support their property purchases.
  7. Strong rental market: If you are looking to buy a property as an investment, Scottsdale has a strong rental market. With a growing population and a high demand for housing, there are plenty of opportunities for rental property owners to generate income.
  8. Beautiful weather: Scottsdale has beautiful weather year-round, with hot summers and mild winters. This can be attractive to potential buyers who are seeking a more temperate climate.
  9. Golf and resort destinations: Scottsdale is home to a number of world-class golf courses and resort destinations, which can be attractive to buyers who are seeking a vacation home or an investment property with rental potential.
  10. Cultural attractions: In addition to outdoor recreation and golf, Scottsdale has a number of cultural attractions, including art galleries, performing arts centers, and cultural festivals. This can make it an appealing destination for those who are seeking an active and vibrant community.

Conclusion

Scottsdale is a desirable location for buying property, with a strong economy, high quality of life, affordable housing options, proximity to Phoenix, growing population, low unemployment rate, strong rental market, beautiful weather, golf and resort destinations, and cultural attractions. Whether you are looking for a primary residence, vacation home, or investment property, Scottsdale has a lot to offer.

Posted in Real Estate News
Nov. 1, 2022

Why Buying a Home is Better Than Renting

Why Buying a Home is Better Than Renting 

If you're considering buying a home through Russ Lyon Sothebys, rising home prices might make you wonder if its better to buy or rent. Skyrocketing rent prices have brought the average apartment rent in the Phoenix metro area to almost $1,600 a month.

The reason home prices skyrocketed in recent years is due to more demand than supply. While prices aren’t expected to drop as the market shifts, experts are forecasting a slowdown in the rate of price growth. Russ Lyon Sotheby's follows the market daily, so it’s important to contact an experienced professional such as myself before you enter the market.

In the meantime, there are a few key differences you’ll want to consider that could make buying a home a better option.

Home ownership is a great investment and provides payment stability and equity. When buying a home, you can get a fixed-rate mortgage that locks in your monthly payment. While gas, groceries and other items rise with inflation, locking in your housing payment can provide long-term stability and protect you from rising expenses. You don’t get that same predictability when renting. When you buy, you also have the chance to build equity which grows your net worth.

Also, you are not married to an interest rate.  When rates go down, there is always an opportunity to refinance and possibly lower your monthly payment.  That is unlikely to happen when renting.

Once you make up your mind to buy, Russ Lyon Sotheby’s recommends expanding your search area and criteria to find a home in your price range. You might have a specific area that’s no longer affordable. Try looking a little outside of that location to find something in your price range. Expanding your search area or re-prioritizing your wish list of items can open up opportunities you haven’t thought about. That could help you afford more of what you want and need in a home.

Another idea to consider is to explore financing options. Finding the best home loan for your needs can make a difference in qualifying and making a home purchase more affordable. downpaymentresource.com Is a valuable resource. 

Some encouraging news is that more Americans are more likely to own a home today than 10 years ago. There are about 6.5 million more homeowners today than in 2010.

Again, it’s always best to contact a trusted real estate expert to guide you through the home-buying process. Here at Russ Lyon Sotheby's, we’re experts in helping people find the right home.

 

 

 

 

  

Posted in Real Estate News
Sept. 28, 2022

What to expect for End of Year Home Prices

What to Expect for End of the Year Home Prices

If you’re in the market for a new home or are thinking of selling, you might be wondering what the market is going to look like towards the end of the year.  We’re following the market very closely at Russ Lyon Sotheby’s and this is our breakdown.

Homes appreciated rapidly in 2021. One reason was due to record-low mortgage rates that encouraged more buyers to enter the market. As a result, more people were looking to buy than there were homes on the market for sale. That led to bidding wars, driving prices up.

CoreLogic reports that price appreciation went up an average of 15% on homes in 2021, up from 6% in 2020. And the appreciation in 2020 was still greater than the pre-pandemic norm of about 3.8%. These numbers show us at Russ Lyon Sotheby's that 2021 definitely was not the norm in the housing market.

In 2022, home price appreciation is slowing but the latest forecasts by experts show prices will still appreciate by about 10% this year. Russ Lyon Sotheby’s agrees with these experts on home prices rising since the housing supply was still low even though it’s now growing. There also has been a block of time for the underbidding of homes. Experts say that’ll help keep upward pressure this year on home prices. And remember, buyer demand has slowed due to mortgage rates increasing.

Since the market is moving back toward pre-pandemic levels, the forecast is about 10% home appreciation for the year, which is still much higher than the 3.8% that’s typical in a normal market. In most markets, home prices won’t fall but rather appreciate moderately.

If you’re concerned about buying or selling through Russ Lyon Sotheby's, keep in mind experts are calling for “deceleration” rather than “depreciation” in most markets. That means homes should still increase in value but just not as fast as in 2021.

Don’t wait for prices to fall if you’re thinking of moving. Contact me at Russ Lyon Sotheby’s as a market expert to guide you through the process.

Posted in Real Estate News
Aug. 15, 2022

August Market Update

Market Summary Update

Months of Supply 

 

The market is shifting, meaning months of supply” should increase. Russ Lyon Sotheby’s is monitoring this very closely. Months of supply takes into account the time it takes to sell available inventory at the monthly sales rate as it is right now if no new listings pop up. The market cools if this continues to go on for a while.

 

If we look at UCB and CCBS listings, months of supply for a balanced market is 4 to 5 months. Without these listings, then we’re looking at 3 to 4 months for a balanced market. Russ Lyon emphasizes the numbers are usually much higher for areas with more expensive homes. For example, Paradise Valley is 12 to 15 months; Scottsdale 6 to 7 months; Gold Canyon 7 to 8 months; Cave Creek 6 to 7 months; and Fountain Hills 7 to 8 months. Again, this does not include UCB and CCBS listings.

 

For single-family detached months of supply, including UCB and CCBS listings, Paradise Valley is at 10.2 (a year ago 3.5); Scottsdale 4.4 (in Aug 2021 1.1); Chandler & Gilbert 3.3 (1.0 and 0.9 last year); Phoenix and Mesa 3.2 (1.1 and 1.0 a year ago). As you can see, listings have moved from extremely low to more normal values in just a year.

 

It used to be the boundaries between a buyers and sellers market was approximately a 6-month supply but now it’s more like 3 to 4 months and about 7 months to 18 months in more expensive cities. 

 

Market Summary - August

 

At the beginning of this month, Russ Lyon Sotheby’s noticed active listings (excluding UCB & CCBS) were almost 18,000, up 152.7% from last year and 24.6% from last month. Including UCB & CCBS, active listings were over 20,700, up almost 90% from last year and over 20% higher than last month. Pending listings were down about 27% from last year and just over 8% from last month.

 

The monthly median sales price for homes for the market as a whole in early August was $452,500, up from $400,000 at this time last year, an increase of over 13%. Russ Lyon observed slightly lower new listings. Regardless, they’re arriving faster than demand can keep up. That means active listings without a contract have grown 25% in just one month. However, high-end homes are not seeing the same increase.

 

The problem is demand. Closed sales plummeted 24% since June and are almost 33% lower than last year. Listings under contract slipped more than 8% from last month.  

 

As a Russ Lyon Sotheby’s top agent I want you to keep in mind that prices are reacting faster to market conditions. But there will always be competition for the best homes. 

 

If you have any questions or would like a personalized valuation on your home, please don't hesitate to ask.

Posted in Real Estate News