Real Estate

RESIDENTIAL REAL ESTATE

SCOTTSDALE NORTH Q1 2019 MARKET UPDATE By Scott Gaertner trailing the year-over-year sales of The following factors need to change motivated buyers and sellers adjust both 2017 and 2018. for us to see Scottsdale North sales their thinking ahead of the summer

My January quarterly update volumes increase: heat! (See the back cover page of described the almost unprec- In my opinion, the largest reason for this • Supply Increase - More listings hit this paper for individual community edented drop in demand at trend, then and now, is that the market the market. statistics.) the end of last year. I suggested then is striving for balance. It has been out • Demand Increase - More buyers that you not get too upset, as the media of balance in favor of sellers for over need to enter the market, or the exist- Scott Gaertner is loves to hype such things into “end four years now, due to a chronically low ing buyers need to accept current an Associate Broker of the world’ storylines. In retrospect, supply of inventory. There are simply market pricing. with Keller Williams I still think that was good advice. not enough of the listings that buyers are • Prices Decrease - Sellers adjust Northeast Realty, Most experts now attribute the sudden searching for on the market. their sales price to the value dictated who for the past 25+ decline in year-over-year sales volume by the market value. years has helped to temporarily rising interest rates and As you can see in the chart below, more people to find falling stock market indexes. the number of listings available for Watch for a flurry of sales to hap- their lifestyle niche in the Scottsdale purchase has increased this year, but pen in the next quarter, as the most North area than anyone else. While there really is nothing to be too the numbers are still well behind 2017 concerned about, we are still in pretty and 2018. much the same boat this quarter in terms of sales volume. Interest rates, Typically, when we see good demand the S&P 500, and the Dow Jones and low supply, prices rapidly move Industrial have all improved since up. We are not seeing that right now the first of the year. But, as you can because buyers are pushing back. This see in the chart below, 2019 sales in push and pull of supply and demand Scottsdale North are still significantly market dynamics is normal.

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Five Tips for Transitioning into Retirement

Retirement brings the end of a chapter in your career and the start of a new lifestyle. This unique transition can bring a myriad of emotions, most commonly ones of excitement and apprehension. If you’re pondering retirement in the next year or so, here are fi ve tips to help you transition smoothly into retirement.

1. KNOW THE TRANSITION COULD TAKE

WEEKS – OR MONTHS. Establishing your new normal of volunteer work, an encore career or helping family will take time. If you’re married, remember that your retired status may affect your spouse’s routine, too. Talk openly about how you’re feeling.

2. COMMUNICATE YOUR RETIREMENT

PLANS WITH FAMILY MEMBERS.

Will you be visiting grandkids more often? Starting a business you’ll want support with? Continuing to host family get-togethers? Planning to move or purchase a retirement home? Open communication reassures your kids that you’re fi nancially prepared; allows you to remind your family about your estate and legacy plans; and it establishes a safe space for both sides to discuss potentially challenging money topics.

4. EVALUATE YOUR FINANCES. It’s common to revise your spending and activities after experiencing the fi rst few weeks away from your primary job, so it’s okay if you need to adjust how much you withdraw from your accounts each month. If you want to increase your spending, calculate what that means for your later retirement years. Consult a fi nancial advisor for guidance on how to make your money last while living the lifestyle you desire.

5. RESET YOUR ATTITUDE. Retirement is not the ultimate fi nish line, even if it may feel like one at times. Experiencing a lot of emotions is common but try to focus on what you’re excited about in this next chapter. Talk to friends, family and professionals in your life for support along the way.

Renee A. Hanson, CFP®, ChFC®, CEP® , CDFATM, CFS®, is a Private Wealth Advisor with Affi nity Wealth Advisory Group, a private wealth advisory practice of Ameriprise Financial Services, Inc. in Phoenix, Arizona. She specializes in fee-based fi nancial planning and asset management strategies and has been in practice for 27 years. To contact her visit www.affi nitywealthadvisor.com or call (602) 923-9800. Her offi ce is located at 7010 E. Chauncey Lane, Suite #200, Phoenix, AZ 3. MAINTAIN HEALTHY HABITS. Prioritize 85054-3115. Putting the needs of clients first is the approach I believe in. I’ll work with you to find the right financial solutions to help you plan for your unique goals. And together, we’ll eating healthy, sleeping well, staying fi t and maintaining friendships in your new Investment advisory products and services are made available through Ameriprise Financial Services, Inc., a registered investment adviser track your progress over time, adjusting your plan along the way to help get you where routine. you want to go.

Renee A. Hanson CFP®, CEP®, CDFA®, CFS®, ChFC®, APMA®

Private Wealth Advisor

Affinity Wealth Advisory Group

A private wealth advisory practice of Ameriprise Financial Services, Inc.

602.923.9800

7010 E. Chauncey Ln Ste 200 Phoenix, AZ 85054 renee.a.hanson@ampf.com affinitywealthadvisor.com

Ameriprise Financial Services, Inc. Member FINRA and SIPC.

10 Ways to Save Money When Buying a New North Valley Home

North Valley - Although most homes for sale are resales, one out of four homebuyers purchases a new home. Which is better: existing or new? The right answer, of course, is up to you. Both resales and new homes offer advantages. Existing homes are less expensive on average, and are generally closer to, and enjoy the warmth and surroundings of established neighborhoods, often with mature landscaping.

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Most people consider both new and existing homes before they decide to purchase. A new, special insider report entitled “New Homes - 10 Tips to Save You Time and Money” has just been released which identifies 10 invaluable tips to save you time and money when purchasing a brand new home. Also revealed are little-known buyer advantages that most builders may not tell you.

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COVER STORY CONNECTING SCOTTSDALE NORTH BUILDING A THRIVING, CONNECTED COMMUNITY WITH A SONORAN DESERT LIFESTYLE

By Scott Gaertner

We have spent the last 30 years helping real estate buyers recognize how special and unique the Scottsdale North lifestyle is, so we decided that it’s time to let the rest of the world in on Scottsdale’s hidden gem. Scottsdale North is a completely unique location in the Valley of the Sun. Some of that uniqueness is reflected in the area’s unusual commitment to maintaining the small-town feel. Even more is reflected in the devotion to the preservation of the amazing High Sonoran Desert vegetation, the mountain vistas, and dark skies that bring you a nighttime full of stars.

The Scottsdale North community actively works to ensure less congestion and promote the lifestyle activities that a large segment of the market is looking for: fitness, engagement, contribution, and connection. Many of the communities in Scottsdale North are intentionally designed to foster these attributes and lifestyles through their amenities. Residents in these areas can easily connect with other people in their neighborhood, just in the process of going about their day. This is a great feature of the individual Scottsdale North neighborhoods, but our goal is to help folks from different communities in Scottsdale North interact with each other, while at the same time educating the rest of the world about the beauty of the area’s lifestyle.

We came up with a three-part plan to help distinguish and celebrate the exceptional Scottsdale North lifestyle by identifying, sharing and connecting the best parts of this area. To successfully create that connection between residents and businesses, we decided to focus on three different types of communication that will promote interconnectedness: 1) the newspaper, 2) social media and website, and 3) live interaction with people.

PART 1: OUR LOCAL NEWSPAPER

Having a local newspaper is a fantastic way to foster a strong sense of community. A year ago last January, we met with the owner of the best hyper-local newspaper company in the Valley, Natasha Beal of Eculeus Group Publishing. We encouraged her to start a paper centered around the Scottsdale North community. The goal of the paper was not only carry local content, but to help define and distinguish the area as a distinct entity.

The first edition of the Scottsdale North News newspaper hit the press in September 2018, bringing more than 19,000 households a world-class, hyper-local newspaper focused specifically on the Scottsdale North community. The paper features local business people, community events and activities, charitable organizations and fundraisers, and information on local schools. It also provides movie reviews, Arizona travel articles, City of Phoenix and City of Scottsdale updates, a Kids’ Corner, Real Estate information, and many more topics of interest to our community.

PART 2: SOCIAL MEDIA AND OUR WEBSITE

We are excited to announce our new community Facebook group: Connecting Scottsdale North! The Connecting Scottsdale North group Facebook page and website are great resources for residents and businesses to find out what is happening in the community and connect with each other. Group members can sign up for our email list, like our page, and share information to learn more about planned

SCOTT GAERTNER WITH SUZANNE HUENERS, OWNER OF “WHY HELLO! MODERN HOME.”

events and activities in Scottsdale North. Social media platforms, like Facebook, are also a good way to interact with other people and businesses in our neighborhood.

We plan to use technology to help us to identify, showcase, and connect all of the brilliant aspects of this wonderful community and highlight those things that make this area so unique. Social media, email and our website are great ways for you to meet and become more familiar with some of the incredible local businesses that are the lifeblood of Scottsdale North. There are some incredible stories about the fantastic people who make up this community, and we want to take time to share those stories with you.

PART 3: COMMUNITY EVENTS: MEETING PEOPLE THROUGH FACE-TO-FACE INTERACTION

In addition to the newspaper, social media and website, the Connecting Scottsdale North group is planning a variety of live community events. We are planning to host coffee talks, small business networking meetings, community safety programs, and “Buy Local” types of promotions and events to help bring local residents and business owners together in person to get to know each other better.

Knowing your neighbors and your neighborhood is one of the best ways to connect with each other and build a strong sense of community, so the Connecting Scottsdale North group is planning events and activities hosted in our neighborhood to help make that happen. One of the first events that the group is planning is a fundraiser for the soon-to-open Scottsdale North Pickleball Courts and Dog Park. Watch for announcements on the Facebook page, in the newspaper and on our website, so you can join your friends and neighbors to support a great cause for Scottsdale North.

Whether you love the fresh air and mountain views, outdoor activities like hiking, biking, golf, tennis or horseback riding, or just relish the quiet peace of the desert, Scottsdale North is the place you love to call home. We love it here, too, and we want to help you connect with your neighbors and local businesses, to keep our community strong and thriving, while continuing to commit to what we value most.

WAYS TO BE A PART OF

CONNECTING SCOTTSDALE NORTH:

• Sign Up for our monthly email newsletter • Like our Facebook Page • Continue reading Scottsdale North News • Attend community coffee talks and local events • Network with other local businesses • Shop local and support our community

Help us connect with each other to keep our community healthy and maintain the Sonoran Desert lifestyle we love to call home.