North Scottsdale Real Estate-Is the market back? Matt Horton with SearchNorthScottsdale.com thinks
North Scottsdale Real Estate has seen huge price increases....and declines. Where is the North Scottsdale real estate market now? If you are searching for homes or condos for sale in North Scottsdale, you might be surprised! Matt Horton explains..
-Matt Horton- The Horton Team- Realty One Group 480-227-3311
North Scottsdale real estate has seen it all in the past decade! It wasn't too long ago, North Scottsdale saw some of the biggest gains in real estate, as much as 50% growth in just 2 years in some areas. But what goes up, must come down eventually, as we all know! During the real estate crash, Phoenix real estate was the 2nd hardest hit area behind Las Vegas.
Real estate is a cyclical product though and dating back to the early 20's, we can see that it actually has performed better than the stock market on average. I watched the real estate market in '87 when my parents went through it in real estate. It eventually bounced back and then we hit the.com era. Boom!
So whats up with North Scottsdale Real Estate now? Well, as published by both the Phoenix Business Journal, Arizona Business Gazette and even the doom & gloom Arizona Republic, homes and condos in Phoenix, especially Scottsdale, show a 20% increase in home values from Dec. 2011 to Dec. 2012! Effectively, all of Phoenix has seen a 6% growth for the year but that number is skewed a bit because it takes in account all the outlying areas that are still struggling. My area of specialty, North Scottsdale, Cave Creek/Carefree and North Phoenix (Desert Ridge) is booming yet again. Gone are the foreclosures and inventory for that matter! Many Canadians are looking in Scottsdale for 2nd homes and investment. We work a ton with Canadians in AZ, which is why we created http://www.CanucksinAZ.com.
It is more important than ever that you get set up on an automated "Hot List" search if you are looking to buy real estate in North Scottsdale! Our free search is among the best up-to-the-minute searches around! If you go to http://www.SearchNorthScottsdale.com, you can set up your free search for homes and condos for sale in North Scottsdale, Desert Ridge, Cave Creek or Carefree! Here you can find out what's for sale in communities like DC Ranch, Silverleaf, Grayhawk, McDowell Mountain Ranch, Pinnacle Peak, Troon, Estancia, Whisper Rock, Desert Highlands, Desert Mountain, Legend Trail & more!
Now is the perfect time to buy with lowest rates in 50 years! For FHA buyers in Arizona, the limit is still $346,250 but 2013 promises another increase on PMI or private mortgage insurance, so really be careful. If you need a qualified lender, just ask us or call us at 480-227-3311!
North Scottsdale real estate is among the most desired in the country because of the weather, entertainment, restaurants, golf and shopping! If you are considering buying "down the road", you may want to consider looking at real estate in North Scottsdale now. Golf Homes in Scottsdale, homes with pools, mountain views and homes in country clubs are becoming less and less. With rents sky-high in Scottsdale and Desert Ridge, making money while someone pays your mortgage is a no-brainer... and you keep the Equity Growth and get the write-offs! What other investment can do that for you?
Anyway, I love real estate in Scottsdale and would always be willing to talk to anyone interested in buying a home or condo in North Scottsdale. All you have to do is ask! We are CDPE accredited buyer's reps, which means helping clients buy Scottsdale foreclosures and short sales, Desert Ridge foreclosures and short sales, DC Ranch foreclosures and short sales, Grayhawk foreclosures and short sales is just a click away! Again, visit us online at or one of our custom sites: http://www.DCRanchforeclosures.com, http://www.grayhawkforeclosures.com,
Good luck and hope to see you out buying homes and condos in North Scottsdale soon!
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