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Arizona Luxury Home Investments

By
Real Estate Agent with Keller Williams Realty

The phoenix luxury market is practically giving away homes. We have an 18-20 month supply of luxury homes. I find it amazing that despite the headlines about this being a "buyers market" that the buyers are still hesitant. This week I looked at homes in Scottsdale between $1M-$2M. WOW! Some of these are 40% off the prices 12 months ago. The overspeculation in luxury created a glutten of now vacant homes. Even the builders are handing out incentives like candy. I just found a buyer a 4700 brand new custom for $1.1M. It is fun to see what $2M in Arizona gets you vs California. Too bad the Bravo Channel can't follow our "Millioniare Dollar Listings".

Marcy Fedalei
Keller Williams Realty - Spartanburg, SC

Welcome to Active Rain and thanks for sharing your ideas.

Sep 17, 2008 11:09 PM
Ron Martin
Keller Williams Realty - Spartanburg, SC
Ron Martin Team

Good morning & welcome to Active Rain, You have joined an excellent site to receive free marketing, absorb more information from others, share ideas.  Be a blogger and have fun. If you have any clients moving to the Greenville, Spartanburg, & Anderson South Carolina area we are your team. We are on all three MLS. Great blog!  Keep it up. Again Welcome!!

Sep 17, 2008 11:32 PM
Yvette Gardner
Keller Williams Realty, Spartanburg, SC - Spartanburg, SC

Welcome to the Active Rain community. You have chosen a great site with tons of information you can learn from.  Have fun with it and hope to see more of your blogs soon!  We have a team of four outstanding full time agents to assist your buyers and sellers in Spartanburg/Greenville, SC.  Again, welcome to AR!!

Sep 17, 2008 11:51 PM
Lori Isaacson
Credit Restoration Consultants - Plantation, FL

Hi Derek,

On behalf of Credit Restoration Consultants and the over 109,700 members of Active Rain I want to welcome you to the AR family. Please feel free to call or e-mail me with any questions you have regarding credit repair, credit scores or any credit related issue including identity theft. Have a great time on AR and keep on blogging.

Regards,

Lori Isaacson

Sep 18, 2008 04:04 AM
Ginger Ryals
Prudential C Dan Joyner and Young Realtors - Spartanburg, SC

Welcome to Active Rain!! This is a great site to network and share ideas!! Have fun with it!!

Sep 18, 2008 05:59 AM
Lorena Westervelt
Van West Realty - Greenville, SC
Co-Founder/Co-Owner

Hello, welcome to Active Rain! This seems like a wonderful environment to network as well as learn from others. I hope you enjoy yourself and participate often in the Active Rain environment!

Sep 18, 2008 11:38 AM
Kirk Westervelt
Van West Realty - Greenville, SC Realtor -Short Sale Expert! - Greenville, SC
Kirk Westervelt, Broker In Charge, Van West Realty - CDPE - Short Sale Agent - Home for Sale - Greenville, Simpsonvil...

Hello and welcome to Active Rain! I encourage you to learn from others, share your knowledge and experiences with all of us, enjoy yourself, and try to log in and join us in the Active Rain community as frequently as possible. I look forward to your future blogs and comments! Take care, --Kirk.

Sep 18, 2008 11:46 AM
Steve Vennemann-Hennepin-Dakota-Anoka contract for deed property-Ramsey-MN
BoardWalk Premier Realty INC - White Bear Lake, MN

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Welcome to active rain from http://www.mnlakeplace.com this site is a great site to learn from and interact with other Real Estate agents/Broker. 

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Sep 22, 2008 01:47 AM