AZ Real Estate 03-06-2016

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R E A C H U S || R A N D Y C O R D O VA , R A N D Y. C O R D O VA @ A R I Z O N A R E P U B L I C . C O M || T H I N G S T O D O . A Z C E N T R A L . C O M

CATHERINE REAGOR REAL ESTATE

SUPER KITCHENS

STOVE, SINK, FRIDGE... Prices reach post-crash high in Valley

and wifi countertop?

More than food is cooking in this kitchen

HOME DEPOT VIA AP

An island for prep

An island for the kids

MELISSA RAYWORTH | ASSOCIATED PRESS

l American kitchens have always served as more than cooking and eating spaces. Generations of kids have done homework at kitchen tables. Parents claim counter space to organize family miscellany, tap out work emails on laptops or install a television. l But now those work and entertainment uses are part of kitchen design from the get-go. l The era of the “super kitchen� has arrived. l “Our findings show that homeowners expect kitchen renovations to go far beyond improving flow, storage or aesthetics,� said Nino Sitchinava, principal economist at Houzz.com, in announcing the site’s 2016 Kitchen Trends Survey. “The ‘super kitchen’ has literally become a living room, family room and office, with finishes, layouts and decor that challenge us to define where the kitchen ends and the rest of the home begins.� l Interior designer Mikel Welch calls the kitchen “the new epicenter of the house.� l “Everybody’s working from home,� and they often prefer doing that in an open kitchen rather than a sequestered home office. l What are the features of a true “super kitchen�? See KITCHENS, Page 3R

Metro Phoenix’s housing market ended 2015 with a bang. Home prices shot up to a post-crash high in December. The Valley’s median sales price climbed to $234,850 during the last month of 2015, according to Arizona State University’s W.P. Carey School. That’s up almost $10,000 from November’s median and highest median sales price since 2008. But all of us homeowners shouldn’t get too excited and buyers shouldn’t feel too much dismay. It’s important to note, ASU housing expert Mike Orr said, more new homes with higher prices are selling in the Phoenix area and pushing up the region’s overall median. Still, a $10,000 monthly jump is one of the biggest gains for home prices since the boom. Orr is pretty upbeat on how the area’s housing market has kicked off this year. “As 2016 starts, the market is in much better shape than it was at the start of 2015,� he said. “Every measure is looking better for sellers than it was in January 2015, except for the appreciation rate which has eased slightly.� Orr’s report was a little later this month due to some data management changes. The latest housing report from the Arizona Regional Multiple Listing Service tracks metro Phoenix housing data through January. These numbers are a little lower because they don’t include all of the region’s new home sales. Home prices in January were steady with December’s level, but sales were down, according to ARMLS’ STAT report. Housing analyst Tom Ruff of ARMLS’ division The Information Market, said it’s no surprise Valley sales were down in January. “Our selling season starts when the Super Bowl kicks off,� he said. “Historically, pending contracts (homes for sale) hit their low mark in early January. Pending contracts are increasing daily now, and this ascent will continue through the next three months.� Will it be a winning season for metro Phoenix’s market? Figures for February will be out in a few weeks.

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SCOTTSDALE | 6049 East Sunnyside Drive | Open Today 12–4PM

BEAUTIFUL HOME, BEST SCOTTSDALE NEIGHBORHOOD. MLS# Located in the lush guard-gated community of Equestrian Manor, Bedrooms this stunning contemporary enjoys a sumptuous front lawn that Bath leads to a dramatic arched entryway. Elegant living room with huge Pool windows overlooking gorgeous grounds. Sparkling kitchen with sunlit breakfast room. Ultra-inviting family room with beamed Sq. Ft. ceiling, surround of sun-kissed windows. Romantic master retreat ZIP Code with adjacent office, pampering private bath, blissful bedroom with volume view windows. Two bedrooms pivot around a big bonus Online Pics Price room. Luxuriant lawns, crystal-clear pool, spa, large lounge/sundecks, alfresco kitchen, party ramada. Guest house with garage. Visit tourfactory.com/1508978. Inside: details, directions.

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