LISA GROTH
16451 N Scottsdale Road #101 Scottsdale, AZ 85254
REALTOR®
APRIL 2021
Each office independently owned and operated.
623.293.0172 Lgrmxprofessionals@gmail.com www.TramontoLifestyles.com
R E A L E S TAT E M A R K E T R E P O RT
For current market activity, community information, and more, visit:
www.TramontoLifestyles.com MARKET. COMMUNICATE. NEGOTIATE. SOLD. W H Y E X PERT S BELIEV E WE ARE NOT FA C IN G A
Real Estate
With home prices increasing, interest rates remaining at record lows, and demand skyrocketing, the same question seems to be on everyone’s mind; are we in a real estate bubble? Experts and Realtors agree the answer is no.
BUBBLE
Presented by BETTER REGULATIONS ON LOANS
NEXT GENERATION INFLUENCE
SUPPLY IS STILL MUCH LOWER THAN DEMAND
Unlike the Great Recession’s collapse, home loans are no longer funded via low-doc/no-doc loans by borrowers lacking qualifications.
Over 50% of young adults live with their parents. It’s only a matter of time before these individuals are looking for their first home.
Lack of supply has been a factor for over a decade and has increased in the last year, creating massive shortages and dramatically increasing pricing.
EQUITY IS GROWING QUICKLY
BUILDERS CAN’T KEEP UP
PERMANENTLY WORKING FROM HOME
2020 saw an increase of 11%, and this year is on track for another 6% growth. People can sell or refinance and banks still come out ahead.
Some home builders have reported a ten-month waiting ti me f o r c o n s t r u c t i o n , w h i l e others are using a lottery system.
COVID-19 has shown that many jobs can be performed remotely, so buyers are moving to areas that better suit their lifestyles.
When a bubble pops, nothing remains – this is opposite of the current market. Demand is fueling the increase in pricing, rather than low-qualified buyers obtaining loans.
JONATHAN-THOMAS AND ANGELA-MARIE, With such a unique market, it’s important to work with a Realtor who understands not only the current market trends, but your community as well. Let me go to work for you and help achieve your real estate goals. Call me today at 623.293.0172 for a free consultation!
LISA GROTH YOUR TRAMONTO R E A L E S TAT E S P E C I A L I S T
Prepared Especially for
JONATHAN-THOMAS AND ANGELA-MARIE WASHINGTON
www.TramontoLifestyles.com
Two Months In to 2021, Three Success Stories
LISA GROTH
THE MARKET IS HOT!
REALTOR RE/MAX Fine Properties ®
623.293.0172 Lgrmxprofessionals@gmail.com www.TramontoLifestyles.com Connect with me on:
For current market activity, community information, and more, visit:
SOLD FOR
100% OF ASKING
www.TramontoLifestyles.com
IN JUST ONE
WEEK
4 Beds | 2 Baths | 1,700 Square Feet “I loved working with Lisa. She is personable, friendly, funny, and professional. My house was a hard to sell house, and she continued to be encouraging and positive.”
HOMES CURRENTLY LISTED IN TRAMONTO Status
Bedrooms
Total Baths
Estimated Square Feet
List Price
List Date
Active
5
4.0
3,286
$535,000
02/20/21
Active
4
4.0
4,205
$585,000
02/10/21
HOMES ACCEPTING BACKUP OFFERS IN TRAMONTO
SOLD FOR
There are 3 homes currently accepting backup offers in Tramonto. They include 2 to 5 bedrooms with 2.0 to 3.5 bathrooms, range in size from 1,130 to 4,178 square feet, and are priced from $275,000 to $650,000. For more information on these listings, call me at 623.293.0172.
100% OF ASKING
HOMES PENDING IN TRAMONTO
3 Beds | 2 Baths | 1,945 Square Feet
There are 12 homes currently pending in Tramonto. They include 3 to 5 bedrooms with 2.0 to 3.5 bathrooms, range in size from 1,416 to 3,936 square feet, and are priced from $329,000 to $860,000. For more information on these listings, call me at 623.293.0172.
HOMES RECENTLY SOLD IN TRAMONTO Total Bedrooms Baths
Status
Address
Sold
35904 N 34th Lane
3
Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold
3416 W Florimond Road 3408 W Leisure Lane 2925 W Caravaggio Lane 35826 N 33rd Lane 2753 W Via Calabria 35405 N 34th Avenue 3112 W Sentinel Rock Road 3026 W Via De Pedro Miguel 3406 W Donatello Drive 34705 N 21st Lane 2543 W Old Paint Trail
3 4 3 3 5 3 4 5 3 4 3
Sold Sold Sold Sold
3225 W Caravaggio Lane 2615 W Trapanotto Road 35403 N 27th Drive 3432 W Florimond Road
5 4 5 4
Estimated Square Feet
List Price
List Date
Sold Price
Sold Date
2.0
1,945
$422,500
01/07/21
$422,500
03/01/21
2.5 2.0 2.5 2.0 3.5 2.0 3.0 3.5 2.0 2.0 2.5
1,958 2,103 2,670 1,945 3,376 2,230 2,939 3,936 2,126 2,423 1,689
$339,000 $449,900 $504,900 $459,000 $499,900 $409,000 $449,900 $549,000 $400,000 $425,000 $369,900
02/06/21 01/10/21 01/19/21 01/01/21 12/09/20 01/19/21 11/20/20 12/31/20 01/11/21 12/23/20 01/12/21
$339,000 $450,000 $535,000 $459,000 $500,000 $405,000 $446,000 $549,000 $400,000 $459,000 $350,000
02/26/21 02/26/21 02/26/21 02/24/21 02/24/21 02/22/21 02/11/21 02/11/21 02/10/21 02/10/21 02/09/21
3.5 4.0 3.5 3.0
3,707 3,100 3,952 2,212
$489,000 $499,999 $565,000 $385,000
12/13/20 01/04/21 01/08/21 12/26/20
$485,000 $520,000 $580,000 $385,000
02/09/21 02/08/21 02/05/21 02/04/21
Lisa Groth and RE/MAX Fine Properties are not in any way affiliated with Tramonto Owners Association, nor is this in any way an official advertisement or publication of Tramonto. © 2021 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the ARMLS as of March 2nd, 2021. Listings and sales may not be those of RE/MAX Fine Properties. ARMLS does not guarantee the accuracy of this data, which may not reflect all of the real estate activity in the area. E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship.
Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | ©2021
IN JUST TWO
WEEKS
“Lisa is very knowledgeable and very, very sweet to work with! She has helped us with several properties buying and selling, and I wouldn’t go with anyone else in Arizona!”
SOLD FOR
100% OF ASKING IN JUST ONE
WEEK
4 Beds | 3 Baths | 2,212 Square Feet “For years I have seen Lisa mailing out professional flyers of houses she had for sale in our neighborhood. I thought if I ever sell my house, she would be the one I would use.”
Jonathan-Thomas and Angela-Marie, Let me achieve the same exceptional results for you as I did for these clients. Call me at 623.293.0172 to have your home professionally marketed and featured in my monthly publication.