The North Scottsdale Real Estate market is unique. That is why I get frustrated when I read information in the media about the overall Phoenix Real Estate market conditions. When reporting stats and foreclosure numbers, they tend to group North Scottsdale, which includes Desert Mountain, into the Phoenix area as a whole. I have noticed that […]
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 […]
Are They Crazy??
Most buyers assume that every foreclosure is a great deal. In general, most foreclosures are priced significantly below market value and are priced to move. However, that is not always the case. There is a particular new foreclosure in Desert Mountain that is way overpriced. When I first saw the price I blurted out “Are […]
Foreclosures are a Small Percentage of the NE Phoenix and Scottsdale Real Estate Market
Foreclosures are a small percentage of the NE Phoenix and Scottsdale Real Estate market. The May 2010 statistics have just been released, and as you can see from the two graphs below, the number of foreclosures as a percentage of all sales, is significantly less in the NE Valley once again. This geographic area includes […]
Foreclosure Filings Lowest Since July 2008
The foreclosure filings in the Phoenix and Scottsdale Arizona areas are the lowest they have been since July 2008. The Arizona Republic is reporting that in May 2010 there was a total of 6,471 new pre-foreclosure, or notice of trustee sales, filed in the metro Phoenix AZ area. In addition to this, there were only […]
Desert Mountain Membership Upcoming Assessment – Should There Be an Exception for New Members?
The Desert Mountain Membership upcoming assessment is predicted to be approximately $15,000. This is the figure that has been published by Desert Mountain Properties in their annual publication to cover the cost of the turnover to the members. You can read the entire publication, as well as other information about the Club, on our Desert […]
Desert Mountain Foreclosure Deal of the Day
Today’s Desert Mountain foreclosure deal of the day is a bargain. This home is Sonoran Cottages 11 and is only $580,000. This price includes the full Desert Mountain Golf Club membership or DEGM which is worth $325,000 on its own. Having a full golf membership included in the price of a Desert Mountain bank owned […]
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Voted in the Top 3 Realtors in Arizona every year 2015-2025, by Ranking Arizona Magazine. Her background as an Attorney gives her special expertise with contracts and negotiations. Carmen has a proven track record of success with buyers and sellers in Scottsdale.