Debbie Sinagoga
As a resident of the Pinnacle Peak area, Debbie has the knowledge and expertise of the local real estate market to help you find the right home or property. You may search the MLS system in the privacy of your home through www.PropertiesInScottsdale.net. Then contact Debbie to discuss your real estate options as a buyer or seller and to submit your questions for the next issue’s “Ask Debbie” column.
Ask Debbie...
Q: WHAT’S THE STATUS OF THE LUXURY HOME MARKET IN THE VALLEY? IS NOW THE TIME TO SELL? TO BUY? A: Our local luxury market (defined as homes valued at $1M and above), has certainly experienced declining values and an oversupply of inventory within the last couple of years. However, there is good news today for both buyers and sellers. As a seller, you might be surprised to know that homes priced properly ARE selling, and often rather quickly. Compared to this time last year, the luxury market has sustained an amazing improvement. Scottsdale homes listed at $1M+ are now at a 23-month supply vs. a 47-month supply in 2009. Paradise Valley homes listed at $1M+ have gone from a 47-month supply last year to a 25 1/2 -month supply today. If you’re considering buying, there may be no better time. With the abundance of excellent properties to choose from, favorable interest rates and affordable pricing, now may be the opportunity to purchase at “never-again” values. Buying or selling, please consult with me first! I am driven to help my clients achieve absolute success. I look forward to hearing from you.
Arizona Homeowner April / 2010
Featured Properties Carefree 16-Acre Biltmore-Inspired 8200 SF Home 5 Bedrooms / 1800 SF Guest House / 5-Car Garage 360-Degree Views. • $3,499,000
Troon Highlands Estates New Custom by Award-Winning RS Homes Territorial Home with Great Room / 4 Bedrooms 3-Car Garage / Endless Valley Views • $2,499,000
Cave Creek Recently Remodeled Home on 5 Acres / 5 Bedrooms 4.5 Bathrooms / 4-Stall Barn / Spur Cross Trails Privacy with Great Outdoor Sitting Areas • $1,275,000
Troon Ridge Estates Cul-De-Sac Lot with Pinnacle Peak and Troon Mountain Views / 4 Bedrooms / Gourmet Kitchen Hardwood Floors / 3 Stone Fireplaces • $1,200,000
Troon Ridge Estates 4,025 SF Home on Corner Lot / Mountain Views 4 Bedrooms / Gourmet Kitchen / Great Room with Floor to Ceiling Windows • $1,090,000
Troon Ridge Estates Territorial home / Mountain Views 3 Bedrooms / 3 Baths / 2-Car Garage $750,000
celebrate spring
A Guide to Area Wildflowers
clean up your act!
Eco-Friendly Household Cleansers DEBBIE SINAGOGA Associate Broker, GRI, ePro, EcoBroker Certified Short Sales & Foreclosure Resource Certified
480.703.2299
Debbie.Sinagoga@SothebysRealty.com www.PropertiesInScottsdale.net If your home is currently listed, this is not a solicitation for that listing.
Desert Mountain Sonoran Cottage 2 Master Suites / Includes Deferred Equity Full Golf Membership $649,900
Westbrook Village Affordable Country Club Living / 2 Bedrooms / Great Room Formal Living & Dining Room / Two 18-Hole Golf Courses 8 Tennis Courts / Clubhouse & Activities • $299,900
Produced by Desert Lifestyle Publishing • 480.460.0996 • www.DesertLifestyle.net
sunshine on a plate Bloom’s Lemongrass Scallops