Downtown Scottsdale Lifestyle

Downtown Scottsdale January | February 2012

MORTGAGE DEBT RELIEF ACT will expire 12/31/2012.

Save yourself from having to pay taxes on the banks written off loss on your home and execute your short sale with us today. Government programs will credit you up to $3K to short sale your home.

Some banks like Chase offer up to $25K. If you have been waiting months on a loan modification, or owe more than your home is worth, please consider this option, and give us a call so we can get you in touch with our Certified Short Sale Negotiator.

Welcome to your very own Downtown Scottsdale Lifestyle.

Watch for us in your mailbox every other month as we give detailed information to you on real estate activity within the Downtown Scottsdale area.

We invite you to call on us for any future buying or selling needs you may have. As specialists in urban downtown real estate, we lend unparalleled knowledge and expertise to every transaction.

INTERESTED IN SELLING? If you’ve been wondering when is the right time to sell, it is NOW. Inventory is low and buyer demand is high. We are now officially in a “seller’s market” which is defined as such once the supply and demand adjusts to under a six-month supply of homes. We are currently at a four-month supply!

Call us right away to learn how we can properly price and position your property to SELL. LOOKING FOR A BUYER? As the original sales team from the inception of Scottsdale Waterfront, we are privy to numerous interested parties in upscale urban living. That allows us to network and proactively contact potential buyers for your unit – a priceless resource in today’s market.

FROM $398,500 TO $699,500. MODELS ARE NOW OPEN. Safari Drive is more than just a place to live. It is a mid-rise urban neighborhood located in the heart of downtown Scottsdale. Across the street you will find famed Fashion Square Mall and you are a quick walk to urban boutiques, cafes and world class restaurants.

Its everything you need surrounded by everything you want.

Homes in Safari Drive offer an unmatched set of features that complement the unique aesthetic of the building and set the tone for a stylish life.

real estate activity in scottsdale waterfront BLDG / UNIT

SQ. FT. / BED / BATH

CURRENTLY FOR SALE #502-2 1,457 / 2 / 2 #307-2 1,432 / 2 / 2 #407-1 1,554 / 2 / 2 #204-2 2,117 / 2 / 2.5 #1107-1 2,102 / 2 / 2.5 #301-2 2,501 / 3 / 3.5 #1102-1 2,041 / 2 / 2.5 #803-2 1,659 / 2 / 2.5 #306-2 2,117 / 2 / 2.5 #506-1 2,117 / 2 / 2.5 #601-2 2,503 / 3 / 3.5 #1007-1 2,265 / 2 / 2.5

LIST PRICE

$529,900 $680,000 $695,000 $795,000 $799,000 $849,000 $995,000 $999,000 $999,500 $999,800 $1,150,000 $1,195,000

BLDG / UNIT

SQ. FT. / BED / BATH

LIST PRICE

#1001-2 2,503 / 3 / 3.5 #1202-1 3,363 / 3 / 3.5 #PH07-2 3,940 / 3 / 3.5 SALE PENDING #802-2 2,041 / 2 / 2.5 #706-1 2,011 / 2 / 2.5 SOLD SOLD PRICE #302-2 1,457 / 2 / 2 #504-2 1439 / 2 / 2 #308-2 2,092 / 2 / 2.5 #610-2 2,265 / 3 / 2.5 #1006-2 2,227 / 2 / 2.5 #1105-2 2,975 / 2 / 2.5

$1,295,000 $2,250,000 $2,499,000 $550,000 $995,000 $420,000 $487,500 $790,000 $830,000 $896,700 $1,100,000

real estate activity in optima camelview BLDG / UNIT

SQ. FT. / BED / BATH

CURRENTLY FOR SALE 7141 E Rancho Vista Dr 101 1,016 / 1 / 1.5 7127 E Rancho Vista Dr 5009 1,200 / 2 / 2 7137 E Rancho Vista Dr 3011 2,122 / 3 / 2 7117 E Rancho Vista Dr 1006 1,557 / 2 / 2 7117 E Rancho Vista Dr 2005 1,635 / 2 / 2 7141 E Rancho Vista Dr 6008 1,677 / 2 / 2 7117 E Rancho Vista Dr 4006 1,718 / 3 / 2 7121 E Rancho Vista Dr 6001 1,782 / 3 / 2 7121 E Rancho Vista Dr 6002 3,066 / 3 / 4.5 SALE PENDING 7167 E Rancho Vista Dr 5010 1,527 / 2 / 2 7147 E Rancho Vista Dr 5001 1,389 / 2 / 2 7151 E Rancho Vista Dr 7002 1,384 / 2 / 2 7141 E Rancho Vista Dr 7001 2,089 / 3 / 2 7161 E Rancho Vista Dr 1015 958 / 1 / 1.5 7121 E Rancho Vista Dr 6009 952 / 1 / 1.5 7137 E Rancho Vista Dr 7010 1,410 / 1 / 1 7117 E Rancho Vista Dr 6001 2,190 / 3 / 3 SOLD 7161 E Rancho Vista Dr 2008 940 / 1 / 1.5 7147 E Rancho Vista Dr 5007 1,072 / 1 / 1.5 7147 E Rancho Vista Dr 2008 952 / 1 / 1.5 7117 E Rancho Vista Dr 1008 979 / 1 / 1.5 7157 E Rancho Vista Dr 2003 1,337 / 2 / 2 7117 E Rancho Vista Dr 5009 952 / 1 / 1.5 7147 E Rancho Vista Dr 3001 1,304 / 2 / 2 7157 E Rancho Vista Dr 4010 1,186 / 2 / 2 7121 E Rancho Vista Dr 1008 1,095 / 1 / 2 7151 E Rancho Vista Dr 5007 1,252 / 2 / 2 7157 E Rancho Vista Dr 2005 1,319 / 2 / 2 7147 E Rancho Vista Dr 1006 1,772 / 3 / 2 7157 E Rancho Vista Dr 2009 1,346 / 2 / 2 7167 E Rancho Vista Dr 4001 1,304 / 2 / 2 7117 E Rancho Vista Dr 3004 1,062 / 2 / 2 7157 E Rancho Vista Dr 6004 1,356 / 2 / 2 7151 E Rancho Vista Dr 2006 2,222 / 3 / 2 7137 E Rancho Vista Dr 4006 2,498 / 3 / 2

LIST PRICE

$323,000 $454,900 $575,000 $577,120 $678,410 $795,000 $927,000 $1,079,000 $1,895,000 $400,000 $475,000 $700,000 $839,000 $220,000 $348,500 $499,900 $1,328,000 SOLD PRICE $219,220 $220,000 $250,000 $315,000 $329,900 $349,500 $350,077 $354,000 $374,500 $375,000 $390,000 $410,000 $420,000 $450,000 $458,000 $469,000 $620,000 $685,000

real estate activity in safari drive BLDG / UNIT

BABBI GABEL

bgabel@geoffreyedmunds.com

602.741.7750

ANGELA MOORE

amoore@geoffreyedmunds.com

602.708.4050

If your home is currently listed, this is not a solicitation for that listing.

SQ. FT. / BED / BATH

CURRENTLY FOR SALE D1006 1,327 / 1 / 2 E2005 1,272 / 2 / 2 D1003 2,003 / 2 / 3 F1007 2,033 / 3 / 3 E3001 1,720 / 2 / 2 SALE PENDING F3007 1,359/ 1 / 1.75 C3008 1,795 / 2 / 2 E3007 1,714 / 2 / 2

LIST PRICE

$394,500 $399,500 $559,500 $669,500 $699,500 $439,500 $499,500 $699,500

BLDG / UNIT

SQ. FT. / BED / BATH

Updates from Babbi & Angela Do you owe more than your home is worth?

Do you have financial hardship?

Would you like to sell your home now?

Complete your short sale within the 2012 tax year and take advantage of this beneficial tax provision before it expires. ***Please consult your attorney and accountant to see if you qualify.****

Featured Waterfront HomeIncredible opportunity!

LIST PRICE

G3001 2,610 / 3 / 3.5 $1,050,000 SOLD SINCE 1/1/2011 SOLD PRICE D1010 1,327 / 1 / 2 $365,500 C4007 1,363 / 2 / 2.5 $399,500 E2007 1,250 / 2 / 2 $399,500 H4001 1,421 / 2 / 2.5 $465,000 C3009 1,470 / 2 / 2.5 $499,500 H4002 1,653 / 2 / 2.5 $621,500 F1003 2,082 / 3 / 3 $649,500

Produced by Desert Lifestyle Publishing • 480.460.0996 • www.DesertLifestyle.net

Incredible Mountain Views, 11th floor unit • 2,092 sq.ft. priced below comps at $995,000

In Good Taste

Event Calendar

Featuring Modern Steak 480.423.7000 | FoxRC.com/Modern_Steak

JANUARY | FEBRUARY 2012

INGREDIENTS Salmon 2 salmon fillets 1-2 Tbs. cooking oil

& PUNCH UP YOUR HOME’S APPEAL

Maple Bacon Jus 8 oz. bacon, diced 4 oz. sherry vinegar 4 oz. maple syrup 2 oz. white onion, diced 1 sprig fresh thyme

ave you ever walked into a space, whether it’s a home or perhaps your favorite restaurant, spa or boutique and been immediately taken in by the overall feeling you get? More likely than not, that “special something” you can’t necessarily put your finger on is accomplished though professional lighting design. Lighting done properly can be the finishing touch on your interior design, your space’s “sparkling jewelry,” if you will.

While most consumers either rely on an architect or an interior designer to assist them with this job, an alternative is a professional lighting designer, trained in the aesthetics, technology and conservation of lighting. Jaque Bethke, principal of PURE Design Environments (www.JaqueBethke.net), a firm working with clients all over the country, explains why no one should go this alone. “A lighting designer studies the spaces, considers its function and comes up with a plan that addresses everything from the fixtures and specific bulbs, to the lightings’ overall effect. When a room is lit for a party, for instance, the light should tell the people where to mingle, and where to find the buffet.”

Good lighting, when used properly, also helps you see better and perform tasks more easily.

Additionally, it provides safety, security and a sense

Sweet Potato 2 medium sweet potatoes METHOD Peel and medium-dice sweet potatoes. Roast in a 375 degree oven until caramelized. Cool and reserve at room temperature.

Cook bacon in a heavy-bottomed pan. Drain off the fat. Add onion and caramelize. Add the sherry vinegar and reduce by half. Add the maple syrup and reduce to syrup consistency.

Sear the salmon in a hot sauté pan in a small amount of oil. Turn and cook to desired temperature.

TO PLATE Place sweet potatoes on the bottom of the plate.

Place the salmon on top of the potatoes. Spoon a generous amount of the maple bacon jus over the salmon. Optional: Serve with sautéed sugar snap peas.

Yield: Two servings

Image: PURE Design Environments

Maple-Glazed Salmon

of comfort. Lighting and lighting controls also provide you with the flexibility to adjust and adapt the mood and ambience of your home.

Bethke adds, “The more layers of light you have in a space the greater the effect from each light source, such as recessed light, LED, table lamps, wall sconces, and so forth.”

Properly used lighting should complement your lifestyle and meet your family’s needs. When planning your home’s lighting, designers keep these strategies in mind: • Identify the activities that occur in each room such as reading, food preparation, hobby work, grooming, laundry, homework, etc.

• Identify the mood or ambience that you want to create in each space.

• Identify any accents that you wish to emphasize such as wall and ceiling details, artwork, or wall textures.

• Identify the colors and finishes. Dark areas absorb more light than those with lighter finishes, so lamping and supplemental alternative light sources may need to be considered.

After assessing the space and concluding what category of light is necessary (general, task or accent), a lighting plan can be developed.

When considering the general lighting of a room, the goal is to provide the space with an illumination level evenly distributed throughout the room.

In many cases task lighting is overlooked, but is the most critical category of lighting. This requires a lot of calculation to provide adequate light for such things as kitchen counters, bathroom lighting and utilitarian tasks.

This type of lighting must be a much more concentrated level than general lighting and is necessary to provide light directly where you are working.

“Accent lighting is what makes the home come alive.

This is a broad category but it includes such things as the home’s architectural lines, ceiling details, wall textures, sculptures and mood of the room. The most care should be spent on this category because it is the soul of your home,” advises Bethke.

Employing the help of a lighting designer or engineer will help you understand how to use all these sources of lighting. Lighting – like life – is about balance. If you want to make a marked difference in your environment, do it with lighting. When lighting is done well it can be a form of sculpture and you can never have too much of it. It not only transforms a space, but can transform even your world and how you perceive it.

Many sellers are concerned about the lack of privacy that accompanies putting their home up for sale. There are many options that a real estate agent has at their disposal that can help lessen this issue for sellers.

As a seller, you need to consider the balance between giving up some of your privacy and making your home more accessible for other agents to show.

The easiest way to provide access so that many real estate agents can show your home is to have your home listed in our local Multiple Listing Service (MLS), with a sign in your front yard and a lockbox on your front door. However, for many reasons you may not want to go with those options.

Perhaps you’d rather not have a For Sale sign at your home.

You can ask your agent to indicate within their advertising that there is no sign so other agents are aware of this. Many restricted covenant neighborhoods do not allow For Sale signs at the property anyway.

Secondly, you can choose to limit access by not having a lockbox on the door and having your listing agent personally show the home to prospective buyers and their agent. That way someone you know (your real estate agent) is present at every showing. This also allows your agent to personally point out the special features of the home which the buyers’ agent may not be familiar with. However, many buyers’ agents find it cumbersome to show homes this way. They may be running late and have to call the listing agent to reschedule, or their client may pull up to the home and not want to see it after all.

Arranging an appointment around the schedule of four different parties (the homeowner, the listing agent, the potential buyer and their agent) is simply more difficult and may lessen the number of serious showings you could have.

As an alternative, sellers can choose to set out the lockbox only for showing appointments. Or, your agent can program the lockbox so that it can only be accessed during specified days and times. That way, they control access to the home during hours that you can be disturbed or are away from the home anyway. The buyers’ agent has a little more flexibility in scheduling when they can utilize the lockbox for access.

A high-profile seller may not want their name in the Multiple Listing Service. Although it’s a required field within the MLS advertising, the seller can request to withhold their name from being part of the listing. Your agent can simply state “Client of…” rather than the property owners’ name.

Additionally, the property address and property photos can also be withheld from internet marketing. Keep in mind though, that not including property photos can greatly diminish interest and inquiries. Perhaps a solution would be to include plenty of beautiful photography, but nothing that specifically identifies

the property, such as the front elevation or view from the street.

Finally, many real estate agents have “pocket” listings. This means that they have the listing “in their pocket,” private and not available to other agents via the MLS. The agent uses their superior networking skills to share the opportunity with agents that they know would have a serious buyer who may like the home. Again, many high-profile clients prefer to use this inter-agent networking system rather than the more public MLS to list their home. A pocket listing ensures the greatest of privacy as the selling agent only reveals information about the property to specific interested parties and their agents. Generally pocket listings are shown by appointment only and the selling agent may require that the buyers be pre-qualified before showing them.

When it comes to making choices on maintaining your privacy, it’s critical to discuss your options with your Realtor.

With a clear understanding that the more private you make your property’s sale, the less access and exposure you will have to buyers; you can find suggestions and solutions that will work for your situation. Ask your real estate agent about different listing options that will help you feel more comfortable with the selling process.

Drive the Dream Gala WestWorld, January 14th 480.922.8212 | Childhelp.org Barrett-Jackson Collector Car Auction and Childhelp, the largest non-profit in the nation dealing with the prevention and treatment of child abuse, present their 8th annual fundraiser centered on gorgeous automobiles and charitable hearts.

This year’s theme, A Night of American Dreams, suggests “red, white and denim chic” attire. Enjoy a lovely cocktail reception, gala dinner, and live entertainment.

P.F. Chang’s Rock-N-Roll Arizona Phoenix, Scottsdale, Tempe, January 15th RunRockNRoll.competitor.com/Arizona This is the year you’ll finally do it! Run either the full 26.2-mile marathon or the 13.1-mile half, or perhaps leave your running shoes at home and participate in all the fun and revelry as a spectator or volunteer.

The Rock-N-Roll is famous for live music at every mile and a fantastic post-race concert. This year, you’ll rock out to the B-52’s!

59th Annual Parada del Sol Parade Downtown Scottsdale, February 11th 480.990.3179 | ParadaDelSol.us Celebrate Scottsdale’s enduring history and character with the venerable Parada del Sol parade! Enjoy many colorful and entertaining entries parading through the streets and then make your way to the Trail’s End post-parade block party. In addition to delicious food vendors, Kid’s Area and on-stage performances, you can stroll through the hundreds of original shops and boutiques within the Scottsdale Old Town/Downtown area.

Wicked ASU Gammage, February 15th – March 11th 480.965.3434 | ASUGammage.com Long before that girl from Kansas arrives in Munchkinland, two girls meet in the Land of Oz. One – born with emerald green skin – is smart, fiery and misunderstood. The other is beautiful, ambitious and very popular. See how these two grow to become the Wicked Witch of the West and Glinda the Good.

Winner of 35 major awards, including a Grammy and three Tony® Awards, Wicked is a production you won’t want to miss.

Scottsdale Arabian Horse Show WestWorld, February 16th – 26th 480.515.1500 | ScottsdaleShow.com Since 1955 the annual Scottsdale Arabian Horse Show has set the pace in the Arabian horse world.

However, even if you’re not of the “horse-set,” be sure to immerse yourself in the magic and enchantment of the world’s most beautiful animal.

You can’t help but be drawn in by the grace, athleticism and pure splendor of the Arabian horse during this 10-day event. And, of course, you won’t want to miss the Shopping Expo where you can peruse aisles and aisles of unique, one-of-a-kind items.

In Good Taste

Event Calendar

Featuring Modern Steak 480.423.7000 | FoxRC.com/Modern_Steak

JANUARY | FEBRUARY 2012

INGREDIENTS Salmon 2 salmon fillets 1-2 Tbs. cooking oil

& PUNCH UP YOUR HOME’S APPEAL

Maple Bacon Jus 8 oz. bacon, diced 4 oz. sherry vinegar 4 oz. maple syrup 2 oz. white onion, diced 1 sprig fresh thyme

ave you ever walked into a space, whether it’s a home or perhaps your favorite restaurant, spa or boutique and been immediately taken in by the overall feeling you get? More likely than not, that “special something” you can’t necessarily put your finger on is accomplished though professional lighting design. Lighting done properly can be the finishing touch on your interior design, your space’s “sparkling jewelry,” if you will.

While most consumers either rely on an architect or an interior designer to assist them with this job, an alternative is a professional lighting designer, trained in the aesthetics, technology and conservation of lighting. Jaque Bethke, principal of PURE Design Environments (www.JaqueBethke.net), a firm working with clients all over the country, explains why no one should go this alone. “A lighting designer studies the spaces, considers its function and comes up with a plan that addresses everything from the fixtures and specific bulbs, to the lightings’ overall effect. When a room is lit for a party, for instance, the light should tell the people where to mingle, and where to find the buffet.”

Good lighting, when used properly, also helps you see better and perform tasks more easily.

Additionally, it provides safety, security and a sense

Sweet Potato 2 medium sweet potatoes METHOD Peel and medium-dice sweet potatoes. Roast in a 375 degree oven until caramelized. Cool and reserve at room temperature.

Cook bacon in a heavy-bottomed pan. Drain off the fat. Add onion and caramelize. Add the sherry vinegar and reduce by half. Add the maple syrup and reduce to syrup consistency.

Sear the salmon in a hot sauté pan in a small amount of oil. Turn and cook to desired temperature.

TO PLATE Place sweet potatoes on the bottom of the plate.

Place the salmon on top of the potatoes. Spoon a generous amount of the maple bacon jus over the salmon. Optional: Serve with sautéed sugar snap peas.

Yield: Two servings

Image: PURE Design Environments

Maple-Glazed Salmon

of comfort. Lighting and lighting controls also provide you with the flexibility to adjust and adapt the mood and ambience of your home.

Bethke adds, “The more layers of light you have in a space the greater the effect from each light source, such as recessed light, LED, table lamps, wall sconces, and so forth.”

Properly used lighting should complement your lifestyle and meet your family’s needs. When planning your home’s lighting, designers keep these strategies in mind: • Identify the activities that occur in each room such as reading, food preparation, hobby work, grooming, laundry, homework, etc.

• Identify the mood or ambience that you want to create in each space.

• Identify any accents that you wish to emphasize such as wall and ceiling details, artwork, or wall textures.

• Identify the colors and finishes. Dark areas absorb more light than those with lighter finishes, so lamping and supplemental alternative light sources may need to be considered.

After assessing the space and concluding what category of light is necessary (general, task or accent), a lighting plan can be developed.

When considering the general lighting of a room, the goal is to provide the space with an illumination level evenly distributed throughout the room.

In many cases task lighting is overlooked, but is the most critical category of lighting. This requires a lot of calculation to provide adequate light for such things as kitchen counters, bathroom lighting and utilitarian tasks.

This type of lighting must be a much more concentrated level than general lighting and is necessary to provide light directly where you are working.

“Accent lighting is what makes the home come alive.

This is a broad category but it includes such things as the home’s architectural lines, ceiling details, wall textures, sculptures and mood of the room. The most care should be spent on this category because it is the soul of your home,” advises Bethke.

Employing the help of a lighting designer or engineer will help you understand how to use all these sources of lighting. Lighting – like life – is about balance. If you want to make a marked difference in your environment, do it with lighting. When lighting is done well it can be a form of sculpture and you can never have too much of it. It not only transforms a space, but can transform even your world and how you perceive it.

Many sellers are concerned about the lack of privacy that accompanies putting their home up for sale. There are many options that a real estate agent has at their disposal that can help lessen this issue for sellers.

As a seller, you need to consider the balance between giving up some of your privacy and making your home more accessible for other agents to show.

The easiest way to provide access so that many real estate agents can show your home is to have your home listed in our local Multiple Listing Service (MLS), with a sign in your front yard and a lockbox on your front door. However, for many reasons you may not want to go with those options.

Perhaps you’d rather not have a For Sale sign at your home.

You can ask your agent to indicate within their advertising that there is no sign so other agents are aware of this. Many restricted covenant neighborhoods do not allow For Sale signs at the property anyway.

Secondly, you can choose to limit access by not having a lockbox on the door and having your listing agent personally show the home to prospective buyers and their agent. That way someone you know (your real estate agent) is present at every showing. This also allows your agent to personally point out the special features of the home which the buyers’ agent may not be familiar with. However, many buyers’ agents find it cumbersome to show homes this way. They may be running late and have to call the listing agent to reschedule, or their client may pull up to the home and not want to see it after all.

Arranging an appointment around the schedule of four different parties (the homeowner, the listing agent, the potential buyer and their agent) is simply more difficult and may lessen the number of serious showings you could have.

As an alternative, sellers can choose to set out the lockbox only for showing appointments. Or, your agent can program the lockbox so that it can only be accessed during specified days and times. That way, they control access to the home during hours that you can be disturbed or are away from the home anyway. The buyers’ agent has a little more flexibility in scheduling when they can utilize the lockbox for access.

A high-profile seller may not want their name in the Multiple Listing Service. Although it’s a required field within the MLS advertising, the seller can request to withhold their name from being part of the listing. Your agent can simply state “Client of…” rather than the property owners’ name.

Additionally, the property address and property photos can also be withheld from internet marketing. Keep in mind though, that not including property photos can greatly diminish interest and inquiries. Perhaps a solution would be to include plenty of beautiful photography, but nothing that specifically identifies

the property, such as the front elevation or view from the street.

Finally, many real estate agents have “pocket” listings. This means that they have the listing “in their pocket,” private and not available to other agents via the MLS. The agent uses their superior networking skills to share the opportunity with agents that they know would have a serious buyer who may like the home. Again, many high-profile clients prefer to use this inter-agent networking system rather than the more public MLS to list their home. A pocket listing ensures the greatest of privacy as the selling agent only reveals information about the property to specific interested parties and their agents. Generally pocket listings are shown by appointment only and the selling agent may require that the buyers be pre-qualified before showing them.

When it comes to making choices on maintaining your privacy, it’s critical to discuss your options with your Realtor.

With a clear understanding that the more private you make your property’s sale, the less access and exposure you will have to buyers; you can find suggestions and solutions that will work for your situation. Ask your real estate agent about different listing options that will help you feel more comfortable with the selling process.

Drive the Dream Gala WestWorld, January 14th 480.922.8212 | Childhelp.org Barrett-Jackson Collector Car Auction and Childhelp, the largest non-profit in the nation dealing with the prevention and treatment of child abuse, present their 8th annual fundraiser centered on gorgeous automobiles and charitable hearts.

This year’s theme, A Night of American Dreams, suggests “red, white and denim chic” attire. Enjoy a lovely cocktail reception, gala dinner, and live entertainment.

P.F. Chang’s Rock-N-Roll Arizona Phoenix, Scottsdale, Tempe, January 15th RunRockNRoll.competitor.com/Arizona This is the year you’ll finally do it! Run either the full 26.2-mile marathon or the 13.1-mile half, or perhaps leave your running shoes at home and participate in all the fun and revelry as a spectator or volunteer.

The Rock-N-Roll is famous for live music at every mile and a fantastic post-race concert. This year, you’ll rock out to the B-52’s!

59th Annual Parada del Sol Parade Downtown Scottsdale, February 11th 480.990.3179 | ParadaDelSol.us Celebrate Scottsdale’s enduring history and character with the venerable Parada del Sol parade! Enjoy many colorful and entertaining entries parading through the streets and then make your way to the Trail’s End post-parade block party. In addition to delicious food vendors, Kid’s Area and on-stage performances, you can stroll through the hundreds of original shops and boutiques within the Scottsdale Old Town/Downtown area.

Wicked ASU Gammage, February 15th – March 11th 480.965.3434 | ASUGammage.com Long before that girl from Kansas arrives in Munchkinland, two girls meet in the Land of Oz. One – born with emerald green skin – is smart, fiery and misunderstood. The other is beautiful, ambitious and very popular. See how these two grow to become the Wicked Witch of the West and Glinda the Good.

Winner of 35 major awards, including a Grammy and three Tony® Awards, Wicked is a production you won’t want to miss.

Scottsdale Arabian Horse Show WestWorld, February 16th – 26th 480.515.1500 | ScottsdaleShow.com Since 1955 the annual Scottsdale Arabian Horse Show has set the pace in the Arabian horse world.

However, even if you’re not of the “horse-set,” be sure to immerse yourself in the magic and enchantment of the world’s most beautiful animal.

You can’t help but be drawn in by the grace, athleticism and pure splendor of the Arabian horse during this 10-day event. And, of course, you won’t want to miss the Shopping Expo where you can peruse aisles and aisles of unique, one-of-a-kind items.

Downtown Scottsdale January | February 2012

MORTGAGE DEBT RELIEF ACT will expire 12/31/2012.

Save yourself from having to pay taxes on the banks written off loss on your home and execute your short sale with us today. Government programs will credit you up to $3K to short sale your home.

Some banks like Chase offer up to $25K. If you have been waiting months on a loan modification, or owe more than your home is worth, please consider this option, and give us a call so we can get you in touch with our Certified Short Sale Negotiator.

Welcome to your very own Downtown Scottsdale Lifestyle.

Watch for us in your mailbox every other month as we give detailed information to you on real estate activity within the Downtown Scottsdale area.

We invite you to call on us for any future buying or selling needs you may have. As specialists in urban downtown real estate, we lend unparalleled knowledge and expertise to every transaction.

INTERESTED IN SELLING? If you’ve been wondering when is the right time to sell, it is NOW. Inventory is low and buyer demand is high. We are now officially in a “seller’s market” which is defined as such once the supply and demand adjusts to under a six-month supply of homes. We are currently at a four-month supply!

Call us right away to learn how we can properly price and position your property to SELL. LOOKING FOR A BUYER? As the original sales team from the inception of Scottsdale Waterfront, we are privy to numerous interested parties in upscale urban living. That allows us to network and proactively contact potential buyers for your unit – a priceless resource in today’s market.

FROM $398,500 TO $699,500. MODELS ARE NOW OPEN. Safari Drive is more than just a place to live. It is a mid-rise urban neighborhood located in the heart of downtown Scottsdale. Across the street you will find famed Fashion Square Mall and you are a quick walk to urban boutiques, cafes and world class restaurants.

Its everything you need surrounded by everything you want.

Homes in Safari Drive offer an unmatched set of features that complement the unique aesthetic of the building and set the tone for a stylish life.

real estate activity in scottsdale waterfront BLDG / UNIT

SQ. FT. / BED / BATH

CURRENTLY FOR SALE #502-2 1,457 / 2 / 2 #307-2 1,432 / 2 / 2 #407-1 1,554 / 2 / 2 #204-2 2,117 / 2 / 2.5 #1107-1 2,102 / 2 / 2.5 #301-2 2,501 / 3 / 3.5 #1102-1 2,041 / 2 / 2.5 #803-2 1,659 / 2 / 2.5 #306-2 2,117 / 2 / 2.5 #506-1 2,117 / 2 / 2.5 #601-2 2,503 / 3 / 3.5 #1007-1 2,265 / 2 / 2.5

LIST PRICE

$529,900 $680,000 $695,000 $795,000 $799,000 $849,000 $995,000 $999,000 $999,500 $999,800 $1,150,000 $1,195,000

BLDG / UNIT

SQ. FT. / BED / BATH

LIST PRICE

#1001-2 2,503 / 3 / 3.5 #1202-1 3,363 / 3 / 3.5 #PH07-2 3,940 / 3 / 3.5 SALE PENDING #802-2 2,041 / 2 / 2.5 #706-1 2,011 / 2 / 2.5 SOLD SOLD PRICE #302-2 1,457 / 2 / 2 #504-2 1439 / 2 / 2 #308-2 2,092 / 2 / 2.5 #610-2 2,265 / 3 / 2.5 #1006-2 2,227 / 2 / 2.5 #1105-2 2,975 / 2 / 2.5

$1,295,000 $2,250,000 $2,499,000 $550,000 $995,000 $420,000 $487,500 $790,000 $830,000 $896,700 $1,100,000

real estate activity in optima camelview BLDG / UNIT

SQ. FT. / BED / BATH

CURRENTLY FOR SALE 7141 E Rancho Vista Dr 101 1,016 / 1 / 1.5 7127 E Rancho Vista Dr 5009 1,200 / 2 / 2 7137 E Rancho Vista Dr 3011 2,122 / 3 / 2 7117 E Rancho Vista Dr 1006 1,557 / 2 / 2 7117 E Rancho Vista Dr 2005 1,635 / 2 / 2 7141 E Rancho Vista Dr 6008 1,677 / 2 / 2 7117 E Rancho Vista Dr 4006 1,718 / 3 / 2 7121 E Rancho Vista Dr 6001 1,782 / 3 / 2 7121 E Rancho Vista Dr 6002 3,066 / 3 / 4.5 SALE PENDING 7167 E Rancho Vista Dr 5010 1,527 / 2 / 2 7147 E Rancho Vista Dr 5001 1,389 / 2 / 2 7151 E Rancho Vista Dr 7002 1,384 / 2 / 2 7141 E Rancho Vista Dr 7001 2,089 / 3 / 2 7161 E Rancho Vista Dr 1015 958 / 1 / 1.5 7121 E Rancho Vista Dr 6009 952 / 1 / 1.5 7137 E Rancho Vista Dr 7010 1,410 / 1 / 1 7117 E Rancho Vista Dr 6001 2,190 / 3 / 3 SOLD 7161 E Rancho Vista Dr 2008 940 / 1 / 1.5 7147 E Rancho Vista Dr 5007 1,072 / 1 / 1.5 7147 E Rancho Vista Dr 2008 952 / 1 / 1.5 7117 E Rancho Vista Dr 1008 979 / 1 / 1.5 7157 E Rancho Vista Dr 2003 1,337 / 2 / 2 7117 E Rancho Vista Dr 5009 952 / 1 / 1.5 7147 E Rancho Vista Dr 3001 1,304 / 2 / 2 7157 E Rancho Vista Dr 4010 1,186 / 2 / 2 7121 E Rancho Vista Dr 1008 1,095 / 1 / 2 7151 E Rancho Vista Dr 5007 1,252 / 2 / 2 7157 E Rancho Vista Dr 2005 1,319 / 2 / 2 7147 E Rancho Vista Dr 1006 1,772 / 3 / 2 7157 E Rancho Vista Dr 2009 1,346 / 2 / 2 7167 E Rancho Vista Dr 4001 1,304 / 2 / 2 7117 E Rancho Vista Dr 3004 1,062 / 2 / 2 7157 E Rancho Vista Dr 6004 1,356 / 2 / 2 7151 E Rancho Vista Dr 2006 2,222 / 3 / 2 7137 E Rancho Vista Dr 4006 2,498 / 3 / 2

LIST PRICE

$323,000 $454,900 $575,000 $577,120 $678,410 $795,000 $927,000 $1,079,000 $1,895,000 $400,000 $475,000 $700,000 $839,000 $220,000 $348,500 $499,900 $1,328,000 SOLD PRICE $219,220 $220,000 $250,000 $315,000 $329,900 $349,500 $350,077 $354,000 $374,500 $375,000 $390,000 $410,000 $420,000 $450,000 $458,000 $469,000 $620,000 $685,000

real estate activity in safari drive BLDG / UNIT

BABBI GABEL

bgabel@geoffreyedmunds.com

602.741.7750

ANGELA MOORE

amoore@geoffreyedmunds.com

602.708.4050

If your home is currently listed, this is not a solicitation for that listing.

SQ. FT. / BED / BATH

CURRENTLY FOR SALE D1006 1,327 / 1 / 2 E2005 1,272 / 2 / 2 D1003 2,003 / 2 / 3 F1007 2,033 / 3 / 3 E3001 1,720 / 2 / 2 SALE PENDING F3007 1,359/ 1 / 1.75 C3008 1,795 / 2 / 2 E3007 1,714 / 2 / 2

LIST PRICE

$394,500 $399,500 $559,500 $669,500 $699,500 $439,500 $499,500 $699,500

BLDG / UNIT

SQ. FT. / BED / BATH

Updates from Babbi & Angela Do you owe more than your home is worth?

Do you have financial hardship?

Would you like to sell your home now?

Complete your short sale within the 2012 tax year and take advantage of this beneficial tax provision before it expires. ***Please consult your attorney and accountant to see if you qualify.****

Featured Waterfront HomeIncredible opportunity!

LIST PRICE

G3001 2,610 / 3 / 3.5 $1,050,000 SOLD SINCE 1/1/2011 SOLD PRICE D1010 1,327 / 1 / 2 $365,500 C4007 1,363 / 2 / 2.5 $399,500 E2007 1,250 / 2 / 2 $399,500 H4001 1,421 / 2 / 2.5 $465,000 C3009 1,470 / 2 / 2.5 $499,500 H4002 1,653 / 2 / 2.5 $621,500 F1003 2,082 / 3 / 3 $649,500

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Incredible Mountain Views, 11th floor unit • 2,092 sq.ft. priced below comps at $995,000