Area Real Estate News & Market Trends

You’ll find our blog to be a wealth of information, covering everything from local market statistics and home values to community happenings. That’s because we care about the community and want to help you find your place in it. Please reach out if you have any questions at all. We’d love to talk with you!

Jan. 17, 2023

5 Fun and Educational Things to Do with Kids in Scottsdale

Scottsdale, Arizona is a great destination for families with children. There are plenty of fun and educational activities for kids to enjoy in this city.

McCormick-Stillman Railroad Park: This park is a paradise for children who love trains. They can ride on a model train, watch live train demonstrations, and explore the park's playgrounds and picnic areas.

Desert Botanical Garden: The Desert Botanical Garden is a great place for kids to learn about the flora and fauna of the Sonoran Desert. They can see a variety of cacti and other desert plants, as well as animals such as snakes, lizards, and birds.

Children's Museum of Phoenix: The Children's Museum of Phoenix is a great place for kids to learn and play. They can explore a variety of interactive exhibits, including a mini-grocery store, a construction zone, and a water play area.

Wet 'n' Wild Phoenix: Wet 'n' Wild Phoenix is a water park with a variety of slides and attractions for children of all ages. Kids can cool off in the wave pool, splash around in the kiddie area, or brave the more thrilling slides.

Scottsdale Stadium: If your kids are sports fans, they'll love visiting Scottsdale Stadium. This is the spring training home of the San Francisco Giants, and kids can watch the team practice and play exhibition games.

Overall, Scottsdale is a great destination for families with children. Whether they're interested in trains, nature, museums, water parks, or sports, there's something for everyone in this city.

Posted in Recreation
Jan. 10, 2023

Whitehorse Scottsdale, AZ

Whitehorse, a stunning residential community located in the heart of Scottsdale, Arizona. Nestled against the beautiful backdrop of the McDowell Mountains, Whitehorse offers its residents the perfect blend of serene natural beauty and modern convenience.

With its large lots and sprawling ranch-style homes, Whitehorse is known for its upscale, laid-back atmosphere. The neighborhood is home to many families, as well as professionals and retirees, who appreciate its quiet, peaceful setting.

One of the things that sets Whitehorse apart is its prime location. The community is just minutes away from the Scottsdale Airport, as well as numerous golf courses and country clubs. It is also within easy reach of many of the city's top attractions, including the Desert Botanical Garden, the Scottsdale Museum of Contemporary Art, and the Phoenix Zoo.

In addition to its close proximity to these popular destinations, Whitehorse is also home to a number of local amenities that make life here even more enjoyable. The neighborhood boasts a number of parks and green spaces, as well as several community centers and recreational facilities. There are also numerous shopping, dining, and entertainment options located just a short drive away.

Overall, Whitehorse is a truly exceptional place to call home. If you're looking for a residential community that offers both natural beauty and modern convenience, Whitehorse is an excellent choice. Whether you're a family, professional, or retiree, you'll find everything you need to thrive in this special neighborhood. So, it can be a perfect place to live a peaceful and luxurious life.

 

 

View Homes For Sale in Whitehorse

Jan. 9, 2023

What Is FIRPTA and How Does It Affect Foreign Investors in US Real Estate?

Are you a foreign investor considering purchasing real estate in the United States? If so, it's important to understand how FIRPTA (the Foreign Investment in Real Property Tax Act) may impact your investment. In this blog post, we'll explain what FIRPTA is, how it works, and how it can affect foreign investors in US real estate.

What Is FIRPTA?

FIRPTA is a federal law that requires foreign individuals or entities to pay taxes on the sale of US real estate. The purpose of FIRPTA is to ensure that foreign investors pay their fair share of taxes on the profits they make from investing in US real estate.

How Does FIRPTA Work?

When a foreign individual or entity sells US real estate, the buyer is required to withhold a percentage of the sale price and send it to the Internal Revenue Service (IRS). The percentage withheld is based on the type of property being sold and the amount of profit made on the sale.

For example, if a foreign investor sells a rental property for a profit of $100,000, the buyer may be required to withhold 15% of the sale price, or $15,000. This money is then sent to the IRS and applied towards the foreign investor's tax liability.

How Does FIRPTA Affect Foreign Investors in US Real Estate?

FIRPTA can have a significant impact on foreign investors in US real estate. In addition to requiring the payment of taxes on the sale of real estate, FIRPTA also imposes certain reporting requirements on foreign investors.

For instance, foreign investors are required to file a form with the IRS disclosing the sale of US real estate. This form, known as the FIRPTA Withholding Certificate (Form 8288), must be filed within 20 days of the sale of the property.

Failure to comply with FIRPTA's reporting requirements can result in significant penalties, including fines and interest charges.

FIRPTA is a federal law that affects foreign investors in US real estate. It requires the payment of taxes on the sale of real estate and imposes certain reporting requirements on foreign investors. It's important for foreign investors to understand how FIRPTA works and to comply with its requirements to avoid potential penalties.

Posted in Real Estate Talk
Jan. 6, 2023

Gainey Ranch Scottsdale, AZ

Experience Luxury Living at Gainey Ranch in South Scottsdale

If you're in the market for a luxury home in the Phoenix area, you won't want to miss out on the opportunity to become a part of the Gainey Ranch community. Located in south Scottsdale, this gated community offers a variety of housing options, including single-family homes, townhomes, and apartments, all with a focus on luxury living.

One of the standout features of Gainey Ranch is its golf course, which offers challenging and rewarding experiences for golfers of all skill levels. The The community also has top-rated tennis facilities and a spa, making it a haven for sports enthusiasts and those who appreciate the finer things in life.

But Gainey Ranch isn't just about luxury amenities - it's also conveniently located near major freeways and a variety of shopping, dining, and entertainment options. The community is just a short drive from many popular attractions in the Phoenix area, including the Mayo Clinic and the Desert Ridge Marketplace.

If you want to experience luxury living at its finest, be sure to consider Gainey Ranch as your new home. This premier community has something for everyone, and it's the perfect place to call home in the Phoenix area.

 

 

View Homes For Sale in Gainey Ranch

Jan. 4, 2023

Grayhawk Scottsdale, AZ

Grayhawk: An Upscale Master-Planned Community in Scottsdale, AZ

Grayhawk is a premier destination for luxury living in the Phoenix area. Located in north Scottsdale, this master-planned community is known for its high-end homes, world-class golf courses, and numerous amenities.

One of the standout features of Grayhawk is its two 18-hole golf courses: the Raptor Course and the Talon Course. These courses offer challenging and rewarding experiences for golfers of all skill levels. In addition to golf, Grayhawk has a number of parks and greenbelts for residents to enjoy, as well as a variety of shopping, dining, and entertainment options.

But what really sets Grayhawk apart is its location. The community is conveniently situated near major freeways, making it easy to access all that the Phoenix area has to offer. The Mayo Clinic and the Desert Ridge Marketplace are just a short drive away, and the neighborhood is also close to a number of other popular attractions.

Whether you're a golf enthusiast, a nature lover, or just looking for a luxurious place to call home, Grayhawk has something for everyone. If you're considering a move to the Phoenix area, be sure to check out this premier community.

 

View Homes For Sale in Grayhawk

Jan. 2, 2023

DC Ranch Scottsdale, AZ

DC Ranch is a luxury residential community located in North Scottsdale, Arizona. The neighborhood is known for its upscale homes, resort-style amenities, and stunning desert landscape.

 

DC Ranch is situated in the foothills of the McDowell Mountains, providing residents with breathtaking views of the surrounding landscape. The community is comprised of several distinct neighborhoods, each with its own character and style.

 

One of the standout features of DC Ranch is the abundance of recreational amenities available to residents. These include multiple golf courses, tennis courts, fitness centers, swimming pools, and hiking trails. The community is also home to several parks and green spaces, perfect for picnics, sports, and other outdoor activities.

 

DC Ranch is also known for its upscale shopping and dining options. The Market Street at DC Ranch is a popular destination for shopping and dining, featuring a variety of local boutiques, restaurants, and grocery stores.

 

Overall, DC Ranch is a highly sought-after neighborhood for those looking for a luxury living experience in the desert. With its beautiful homes, top-notch amenities, and stunning natural surroundings, it is no wonder that DC Ranch is a popular choice for those looking to call North Scottsdale home.

 

 

See DC Ranch Homes For Sale

Dec. 31, 2022

Silverleaf Scottsdale, Arizona

Silverleaf is a luxurious and exclusive gated community located in the heart of North Scottsdale, Arizona. Nestled in the foothills of the McDowell Mountains, Silverleaf offers stunning views of the surrounding natural beauty, including the iconic Tom's Thumb rock formation.

 

The community was developed by DMB Associates, and is home to some of the most prestigious and expensive real estate in the Phoenix metropolitan area. It features a variety of custom and semi-custom homes, as well as a small number of multi-family units. Most homes in Silverleaf are situated on large, private lots, and many feature amenities such as pools, outdoor living spaces, and guest houses.

 

In addition to its luxurious homes, Silverleaf also offers a range of amenities for residents. These include a championship golf course designed by Tom Weiskopf and Jay Morrish, a state-of-the-art fitness center, tennis courts, and a number of parks and green spaces. The community is also home to the Silverleaf Club, a private club that offers dining, social, and recreational activities for members.

 

 See Celebrities who live in Scottsdale and Paradise Valley

 

 

Overall, Silverleaf is a highly sought-after community that offers a luxurious and exclusive lifestyle in one of the most desirable locations in the Phoenix area.

 

View Homes For Sale in Silverleaf

Dec. 30, 2022

Agritopia Gilbert, AZ

Agritopia is more than just a neighborhood – it's a community built on the principles of sustainability and farm-to-table living. Located in the heart of Gilbert, Arizona, Agritopia offers a unique blend of urban convenience and rural charm.

 

Sustainability is a key focus of Agritopia. The community is designed with the environment in mind, featuring solar panels and water-efficient landscaping. 

 

Agritopia is also home to the Agritopia Farm, which supplies fresh produce to the community's restaurant, Joe's Farm Grill. This farm-to-table dining experience allows residents and visitors to enjoy locally grown, seasonal ingredients. In fact, the restaurant is so popular that it was featured on the Food Network's "Diners, Drive-Ins, and Dives" show.

But Agritopia isn't just about sustainability and delicious food – it's also a place where residents can come together and build a sense of community. The community hosts a variety of events throughout the year, including farmers markets, music festivals, and holiday celebrations. These events bring residents together and foster a sense of belonging.

 

If you're looking for a unique, sustainable, and community-focused place to live or visit, Agritopia is worth checking out. From the Agritopia Farm and Joe's Farm Grill to the diverse array of events and activities, there's always something going on in this Gilbert community

 

View Homes For Sale in Agritopia

 

Dec. 30, 2022

Reserve at Red Rock by Blandford Homes

 

Experience the beauty and prestige of Northeast Mesa at Reserve at Red Rock, a new master-planned gated community by Blandford Homes. Located in the Red Mountain area, this resort-style community is designed with an appreciation for the natural character of the area. Features include two gated entrances, open space areas, interconnecting trails, three parks, a clubhouse with a pool and fitness center, sports courts, pickleball courts, event lawn, pavilions, and children's play areas.

 

The Reserve at Red Rock offers a variety of home plans, presented in three collections of single-level and two-story residences ranging from 1,700 to over 4,200 square feet. Choose from architectural styles such as Modern Farmhouse, Bungalow, Country French, Italian Cottage, Rural Mediterranean, Andalusian, Vintage, and Spanish Mission, and select from over twenty exterior color palettes.

 

Conveniently located near the Red Mountain Freeway, top-rated Mesa Public Schools, shopping, and fine dining, Reserve at Red Rock is also close to Usery Mountain Regional Park, Salt River Recreation, and Saguaro Lake for outdoor activities like hiking, boating, and paddleboarding. Enjoy the best of both worlds at Reserve at Red Rock.

Posted in New Construction
Dec. 30, 2022

Before You Buy a New Construction Home, Consider These Pros and Cons

When it comes to buying a home, one option to consider is a new construction home. While there are certainly some advantages to this choice, there are also some drawbacks to keep in mind. Here is a closer look at the pros and cons of buying a new construction home:

 

Pros:

 

  • Customization Options: One of the the biggest advantages of buying a new construction home is the ability to customize it to your own preferences. Many new homes allow you to choose your own finishes, colors, and fixtures, which can be a great way to make the home feel like your own.
  • Energy efficiency: New construction homes are often built with energy efficiency in mind, which can help you save money on energy costs and reduce your carbon footprint. New homes often come with modern features and appliances that can be more energy efficient and convenient than older homes.
  • No need for renovations: When you buy a new home, you don't have to worry about making any renovations or repairs, as everything is brand new.

 

Cons:

  • Higher cost: One of the biggest drawbacks of buying a new construction home is the higher cost. New construction homes can be more expensive than older homes, as you are paying for all the new materials and finishes.
  • Potential delays: There is always the risk of construction delays with new homes, which can be frustrating if you are trying to move on a specific timeline.
  • Limited options: Depending on the location, there may be limited options for new construction homes, which can make it more difficult to find the perfect home.

 

As you can see there are both pros and cons to consider when it comes to buying a new construction home. It's important to weigh the benefits and drawbacks carefully and to do your research before making a decision. Ultimately the right choice for you will depend on your individual needs and preferences. 

Posted in New Construction