luxury property: Don't Sell Hot Summers Short - 05/06/18 01:03 PM
Everyone knows it gets hot in Scottsdale in the summer.  Many people in trying to sell their luxury home in the valley believe that summer is the time to give your listing a siesta and take it off the market.  The thinking is, who wants to be looking at houses when the mercury is above 110 degrees (even if it is a dry heat). Additionally, since our snowbird populations evaporates during the summer months, the buyer population decreases.  

Well, it turns out this just isn’t the case.  We examined the past three years of sales activity on homes in three key … (2 comments)

luxury property: North Scottsdale Luxury Property Report - 04/25/18 07:00 AM
We have just completed the latest 16-page North Scottsdale Luxury Report.  We hope that you enjoy this issue, and can view the entire report here.  As a company that is changing the paradigm in luxury real estate, we want to provide our clients and neighbors with useful information about the real estate market.
We have built and sold numerous successful businesses in the past, and from that experience, know that the way one presents and communicates information can have a dramatic impact on how valuable that information is and can be used to make decisions. We developed this report when we realized … (1 comments)

luxury property: White Horse - North Scottsdale's New Luxury Community - 02/22/18 09:56 AM
A new luxury community opened this week in Scottsdale, and we had an opportunity to take a tour.  The development called White Horse is the creation of Camelot Homes and consists of 47 lots being constructed over two phases, located off of Pima Road and Los Gatos.  The project offers five different floor plans ranging from 4,190 to 5,932 square feet for the base home, but there are multiple options to add on bonus rooms and casitas for additional square footage.  

What makes this project quite interesting are the multiple style and finishes that Camelot offers.  All five floor plans are … (0 comments)

luxury property: SOLD - Whisper Rock - Record Home Sale In North Scottsdale - 02/17/18 08:31 AM
CLOSED THIS WEEK - We listed this beautifully designed home in Whisper Rock at 7378 East Lower Wash Pass and sold it the first day we listed it for 97.3% of the original list price. The average for other agents in this community in the past year is only 84.3% and 212 days on the market.
This home was listed previously with another agent and languished unsold for 305 days. We listed this home at a price higher than the previous listing and used our advanced marketing methods to create interest and demand. The last time a home sold this quickly in … (4 comments)

luxury property: What a Difference a Word Makes in a Luxury Home MLS Listing - 01/20/18 06:56 AM
When selling a home, the words your agent uses to describe your home is critical. The most important of those words will be used in the MLS listing.  The words crafted to describe a home need to tell a story that resonates with buyers. Potential buyers are going to see the exact same words on popular websites such as Zillow, Trulia, and Realtor.com. Those few words (in Arizona only the first 800 characters will appear on the main page of the listing) and a couple of pictures have to capture a person's attention in seconds, or they are on to the next listing.  
With our focus on the … (3 comments)

luxury property: Finding The Perfect Garage For the Batmobile - 01/13/18 07:35 AM
This is a big weekend in Scottsdale.  The Barrett-Jackson car auction opens today which is followed shortly by the Russo-Steele car auction.  If you are in the Scottsdale area and have never experienced one of these shows, you must go.  It is an amazing event with every kind of car imaginable on the auction block.  A few years ago they even auctioned off the original Batmobile from the 1960’s era show, which sold for $4.2 Million (and with all the modifications it is not even legal to drive it anywhere).
 
Thousands of car aficionados flock to Scottsdale each January in search of … (4 comments)

luxury property: Whisper Rock 2017 Real Estate Data - 01/01/18 10:27 PM
Whisper Rock is one of the premier communities in North Scottsdale, AZ.  For 2017 a total of nine homes sold with the median price being $2.3 Million.
There are currently 14 homes on the market ranging from $1.595 Million to and a high price of $3,915 Million.
Homes in Whisper Rock have sold slowly in recent years, but we listed and sold one home that went under contract in 38 days, and closed in 52.  This particular home had been previously listed for 496 days with little activity and no offers.  We re-staged the home and actively marketed it which resulted in multiple … (1 comments)

luxury property: The Changing Face of Luxury Real Estate - 12/28/17 08:34 AM
The following article is an excerpt from our 20 page Luxury Property Report. The entire report is available by visiting our report page.
Shifting demographics will lead to some long-term changes in the luxury market. The customer for these properties is changing, and with this change comes the need for a different kind of property. 
These new customers are comprised of high-earning millennials, and their interests and uses in a property differ from previous generations. They look for less square footage (according to one builder we spoke with, 5,500 square feet is the sweet spot). They want more open floorplans and less space … (11 comments)

 
Jordan Ayan, Luxury Market Expert, CLHMS,Million Dollar Guild (The Lifestyle Collection)

Jordan Ayan

Luxury Market Expert, CLHMS,Million Dollar Guild

Scottsdale, AZ

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