Paradise Valley Lifestyle

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Paradise Valley July | August 2014

Wendy Walker Fine Properties

#1 Agent For Coldwell Residential Brokerage in Arizona 2013

Luxury By The Numbers

2,900 Number of active luxury listings Valley wide on May 1, down slightly from April 1, but up 31 percent year-over-year

363 Number of Valley luxury sales in April, up 26 percent from March and 3 percent from a year ago 48% Year-over-year increase in the number of May 1 luxury listings that were priced between $500,000 and $600,000- the biggest increase of any price range

2.7% Portion of May 1 active luxury listings that were distressed, meaning short sales or

$268

100% Year-over-year increase in the number of April luxury sales priced above $1.5 million

Wheels Up! Leaving on a Jet Plane

lender-owned, while the rest were normal resales. Last year, distressed properties made up 4.5 percent of luxury supply Three-month moving average of price per square foot for Valley luxury homes in April, up 26 percent from the low of $213 per square foot in August 2011 Source: Phoenix Business Journal, May 23, 2014

Who You Work With Matters

Be Cool and Save Money

All information is deemed reliable but not guaranteed.

WendyWalkerFineProperties.com

Wendy Walker

602.468.8888 Direct Wendy@WWFineProperties.com

If you plan to buy a new home this year, consider these reasons: • Mortgage rates are low. • Home financing is available in loan amounts up to $6 million, working with a Wells Fargo Private Mortgage Banker.

Richard E McDowell Private Mortgage Banker

480.348.5016 Direct | 480.323.5074 Cell | 866.675.1016 Fax 8601 N Scottsdale Rd, Suite 100, Scottsdale, AZ 85253

www.wfhm.com/richard-mcdowell | richard.mcdowell@wellsfargo.com NMLSR ID 134250 Information is accurate as of date of printing and is subject to change without notice. Wells Fargo Home Mortgage is a division of Wells Fargo Bank, N.A.© 2011 Wells Fargo Bank, N.A. All rights reserved. NMLSR ID 399801. 105351-12/13. If your home is currently listed, this is not a solicitation for that listing.

Reduce Your Air Conditioning Costs Equity Title Biltmore Office

3125 E Lincoln Drive, Phoenix, AZ 85016

602.956.5141 Our experience makes the difference!

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

The Handlebar’s Quick & Delicious Quinoa Summer Salad

Magnificent Mediterranean Masterpiece

10507 N 50th Place Paradise Valley, AZ 85253 Offered at $1.875M Exclusively By


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