The negotiations for the Desert Mountain Club turnover are continuing. The Advisory Board and Crescent Real Estate Holdings are still discussing how to handle the acquisition of the additional assets of the club. These additional assets include the front gate facilities, Fairway Office, Parcel 10, and the unissued memberships. Each of these parties agree that […]
Can I Buy a Home that Has a Membership, but Not Take the Membership?
There are occasionally buyers in Desert Mountain that love the community but don’t want a membership. I am often asked whether they can buy a home which is listed for sale with a Desert Mountain Golf Club membership, but not take the membership. Each case is unique and sometimes this is possible. Most Sellers who […]
Desert Mountain Real Estate Market Recent Sales – July 2010
The Desert Mountain Real Estate market recent sales for July 2010 indicate that home prices may be increasing. There were 7 homes sold in July 2010 in Desert Mountain Arizona. Although the total number of home sales decreased slightly, the prices that these homes were sold at has increased. The number of Desert Mountain foreclosures […]
Desert Mountain Club Turnover Update
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 Arizona Real Estate Recent Sales – June 2010
The Desert Mountain Scottsdale real estate market remains healthy. There were 13 homes sold in June 2010 in Desert Mountain. This is the highest number of home sales in one month so far this year. Only one of these sales was a foreclosure or bank owned home. Homes Currently For Sale at Desert Mountain AZ – 204 […]
Should Desert Mountain Memberships be Sold at Market Price?
Should Desert Mountain memberships be sold at market price? The Estancia Golf Club in North Scottsdale recently changed to a market pricing system. Estancia had a large “out list” of members who wanted to surrender their memberships. The Club wanted to clear the list and decided to use market pricing as the way to do […]
Desert Mountain Scottsdale Sales – May 2010
The Desert Mountain Scottsdale sales for May 2010 are now available. There were 8 homes sold and only one of these was a Desert Mountain foreclosure or bank wwned home. Although the number of homes sold decreased by 2 compared to April, the average price of homes sold in Desert Mountain has increased. In April […]
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