Annalisa Moreno has been appointed as the new director of professional development at the Scottsdale Area Association of Realtors. Scottsdale Area Association of Realtors CEO, Rebecca Grossman, is proud to announce Annalisa Moreno as their new director of professional development. She succeeds Laura Kovacs who recently retired after years […]
Shea Homes has officially broken ground on their new luxury community, Shea Signature at The Phoenician . The new, private, masterfully designed community sits nestled at the southern base of iconic Camelback Mountain, a landmark location offering a fusion of serene relaxation and exhilarating recreation. Signature at The Phoenician […]
The house sales forecast for Arizona in 2017 is looking respectable. In reality, the Phoenix az city area is anticipated by Realtor.com to be the leading real estate market in the United States Home costs are approximated to climb up 5.9 percent, as well as sales to see a solid 7.2 percent boost. A lot of the activity is anticipated to be created by post-election house purchasers that want to enter the marketplace prior to rate of interest rise. First time customers specifically are anticipated to offer the market a bump as they aim to obtain into a residence prior to affordability ends up being a problem. So Phoenix az has to support itself.
No question there will certainly be spillover right into the greater end markets of Arizona too. The North Scottsdale location can really gain from home hunters that come searching in Phoenix, but don’t fairly locate just what they want. Neighborhood areas like Bellasera homes for sale, where several of the top luxury homes exist, is most likely to really see an increase. Considering that Bellasera is already a popular place as a result of its stunning area as well as incredible golf links, the area could benefit in a big method from a rush on Arizona residences.
It couldn’t come at a better time. The Phoenix az location’s real estate market remains in a very healthy and balanced state. While there has been a stable increase in home rates and also residence sales there is also a short supply of foreclosures which helps to keep rates undamaged. Every angle indicate Phoenix metro and also Scottsdale to be a great place to purchase a home.
The news is out and the real estate predictions are loud and clear. The North Scottsdale home market is going to be hot in 2017. In fact, sources like Realtor.com are forecasting that the Phoenix housing market, in particular, is going to be the top performer in the nation. Home prices in the Phoenix area are estimated to rise by almost six percent. Home sales are also predicted to be strong and increase by seven percent.
Part of the reason for all the new interest in Phoenix is strong economic growth. One factor that traditionally follows strong economic growth is equally strong demand for housing. Jobs in Phoenix specifically are expanding at twice the national rate. This is great news for communities in North Scottsdale, especially affluent neighborhoods that offer amenities housing in Phoenix just can’t provide. With its close proximity to the Phoenix metropolitan area, and easy access to business districts, North Scottsdale is extremely attractive to potential home buyers.
Knowing property values is vital to taking advantage of the new demand predicted to hit the market. Professional North Scottsdale Realtors often offer North Scottsdale home evaluations that can give home or property owners accurate assessments of their property values. This is important information to know for anyone who is planning to take advantage of the influx of home buyers.
Where there are home buyers, there also need to be home sellers. The phoenix housing market suffered badly from the previous economic recession. It took many years for its real estate market to recover, but recover it did and its healthy now. With massive interest in Arizona homes prices will rise and home sellers have a great opportunity to get the best prices on their properties should they wish to sell them.
The home sales forecast for Arizona in 2017 is looking pretty good. In fact, the Phoenix metro area is predicted by Realtor.com to be the number one housing market in the U.S. Home prices are estimated to climb 5.9 percent, and sales to see a strong 7.2 percent increase. A lot of the action is predicted to be generated by post-election home buyers who want to get into the market before interest rates rise. First time buyers especially are expected to give the market a bump as they try to get into a home before affordability becomes an issue. So Phoenix needs to brace itself.
No doubt there will be spillover into the higher end markets of Arizona as well. North Scottsdale could really benefit from house hunters that come looking in Phoenix, but don’t quite find what they want. Possessing some of the most popular neighborhoods and communities in Arizona, North Scottsdale is likely to really see a boost in home interest. Since homes for sale in North Scottsdale are already a big draw due to the numerous amenities and attractions that are nearby, the area could benefit in a big way from a rush on Arizona homes.
It couldn’t come at a better time. The Phoenix area’s housing market is in a very healthy state. While there has been a steady rise in home prices and home sales there is also a short supply of foreclosures which helps to keep prices intact. Every angle points to Phoenix and Scottsdale to be a great place to buy a home.