As you may already know, the Desert Mountain Club is being turned over to its members by March 1, 2011. At that time the members are purchasing all of the club assets from the developer and the Desert Mountain memberships or DEGMs will transform from a deferred equity membership to an equity membership. There were […]
Desert Mountain Real Estate Deal of the Day
Today’s Desert Mountain AZ Real Estate deal of the day is a HUGE 6.43 acre foreclosure lot located in the village of Apache Peak. This spectacular home site is elevated to enhance the beautiful city light and mountain views of Desert Mountain. It includes a building envelope that is almost an acre. It was originally priced at […]
What Makes Desert Mountain so Special?
Just the other day, a client asked me why is Desert Mountain unique. It made me think about why I recommend this community to many of my clients. Below you will find the top three reasons why Desert Mountain is special: 1) It is the only community in the world with 6 Jack Nicklaus Signature […]
Desert Mountain Real Estate Foreclosure Deal of the Day
Today’s Desert Mountain real estate foreclosure deal of the day is a great home located in the village of Gambel Quail. This home features granite counters, 3 fireplaces, a large wine room, heated pool, and beautiful mountain views. It is 5,674 square-feet with 4 bedrooms and 4 full bathrooms. It was previously priced at $2,800,000 in 2007 but […]
Desert Mountain AZ Real Estate – July 2010 Market Distress Update
The Cromford Market Distress statistics for July 2010 have just been released. The distress index is a measurement of the number of normal home sales versus the number of foreclosures in a particular zip code. It demonstrates how foreclosures are affecting the overall real estate market. The greater the number of foreclosure home sales, the greater the distress level. […]
Desert Mountain Arizona Real Estate Second Quarter 2010 Sales and Stats Overview
We saw a slight increase in the number of home sales in Desert Mountain during the second quarter of 2010. Between April and June 2010 there were 31 homes sold in Desert Mountain. Only 3 of these homes were foreclosures and there were no short sale properties sold. Below you will see the most expensive homes with […]
Desert Mountain Real Estate Transfer Fees – Fair or Overpriced?
Desert Mountain membership transfer fees are a source of much debate. Every sale of a Desert Mountain Golf Club Membership triggers a $65,000 transfer fee payable to the club. The sale of a home without a membership does not trigger this transfer fee. Only the sale of the membership. The $65,000 fee sounds high but […]