AZ Real Estate 10-02-2016

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WWW.AZCENTRAL.COM

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E M A I L U S AT N E W S T I P S @ A R I Z O N A R E P U B L I C . C O M O R C A L L U S AT 6 0 2 - 4 4 4 - N E W S ( 6 3 9 7 )

Median Price of First Homes*

HAL BUNDRICK NERDWALLET

The concept of a “starter home” is quickly becoming a real estate relic, like track lighting and brass hardware. Time was, young families with average incomes who were shopping for a first house would choose a small one in an affordable neighborhood — maybe with just a hint of a yard and a carport, rather than a half-acre lot and a twocar garage. Today, first-time homeowners are buying more square footage and putting down roots, in what may mark a fundamental change in family housing. But experts say there are still ways for families who can’t afford fancier properties to cope.

1970-1974

$87,371.37 1974-1979

$98,772.99 1980-1984

$102,367.05 1985-1989

$107,942.98 1990-1994

$98,697.29 1995-2000

$112,528.86 2000-2004

$144,796.52

See HOMES, Page 3R

2005-2009

$162,648.76 2010-2013

$140,327.58 *Accounts for inflation. SOURCE: ZILLOW.COM

AVIVA LOEB/GANNETT AND THINKSTOCK

Purchase or Refinance Loan amounts between

Refinance 150,000 to Now! $417,000 $

• No Points • No Fees • No Closing Costs

You don’t have to pay a lot in fees to get a great rate!

480.607.7906

or visit us at scoutmortgage.com 9304 E Raintree Dr., #110 Scottsdale, AZ 85260 Visit us on Facebook

This advertisement is a solicitation by Scout Mortgage, Inc. for a mortgage loan. Loan amounts $150,000 to $417,000. 15 or 30 Year Fixed. Closing Costs paid at closing include title, recording, processing, underwriting, and escrow fees. Prepaid taxes/insurance not

included. Good credit required. Owner Occupied homes only. Verifiable income required. Impounds may be required. Consolidating debt may increase rate. Your rate and term may vary. Not all applicants will be approved. Call for details. MB0903218/NMLS# 56553

AR-0008605130-01

SCOTTSDALE | 12590 | Open1–4PM Today 1-4PM PHOENIX | 13813 NorthGold 16thDust Way Avenue | Open Today

MLS#- –Insert 5499556 MLS# Number Bedrooms- –Number 3 Bedrooms Bathrooms- –Number 4 Bathrooms Pool- –Yes Yes Pool Sq. Sq.Ft.Ft.- –Number 3,534 Parking Car Garage Garage- –X 3-Car Lot acre sq. ft. LotSize Size- –X 13,183 ZIP ZIPCode Code- –XXXXX 85022 have misters and stall mats. Wash station, hay room and tack room. Ride out from the fully lit arena to trails. – Joseph Callaway Online ThoseCallaways.com OnlinePics Pics- –website.com Price Price- –$0,000,000 $775,000

FOREVER VIEWS. In an intimate gated community, this mountain stunning home A DESERT PARADISE. Embraced by majestic vistas is situated a hillside lotthis withequestrian incredible panoramic A spacious and azureonblue skies, estate is views. a blissful retreat on courtyard invites you to marvel at custom and finishes. over an ACRE lot.inSunlit rooms take fixtures advantage of theIsland dramatic kitchen appointments anda acenter stainless views. with The high-end huge family room has setappliance fireplacepackage. and double Eat-in kitchen, breakfast room andgranite dining room. Both the living family exits to the patio. Impressive island kitchen withand beautiful rooms open to backyarddoor patios. Two fireplaces. Relax away themaster day in thewith cabinetry. Double entry to the office. Wow sitting roomgas master suite with exits to alfresco amenities, a walk-in stunning fireplace. Stargaze on moonlit nights from closet, the roof his-and-hers sinks and apatio, large tile-surround shower.outdoor Executive’s office. and top deck. Covered sparkling pool, fireplace Entertain in styletointhe the backyard a heated pool/spa, multiple view fencing premier with horse facilities. 16x16 marepatios, motels easy-care desert landscape and a built-in-BBQ. – Joseph Callaway

Logo on pasteboard

Brought toto you by by Brought you (insert realtor information Those Callaways, (480)here) 596-5751

see more inside $5 681 6+2:&$6( &29(5

PARADISE VALLEY | 5501 East McDonald Drive | Open Today 12–4PM

VIEW-RICH GATED CONTEMPORARY ON CAMELBACK MLS# MOUNTAIN. Nestled on the north side of Camelback Mountain, Bedrooms this privately gated beauty boasts a bevy of big windows that Bath showcase magnificent head-to-tail views of Camelback Mountain Pool and Praying Monk. Tree-trimmed semi-circular drive, portico-style entry. Sun-splashed living room w/floor-to-ceiling view-windows. Sq. Ft. Super-sleek professional kitchen. Family room w/wall of custom ZIP Code built-ins, huge windows. Master retreat w/fireplaced sitting area, private coffee-cocktail patio, chic bath. Shimmering pool, dining Online Pics Price ramada w/fireplace and barbecue. Multiple patios from which to savor the ever-changing visual drama of Camelback Mountain. Visit tourfactory.com/1267558. Inside: details, directions.

Brought to you by Sandra Baldwin and Megan Shapiro, Launch Real Estate

- 5499920 -4 - 4.5 - Yes - 4,878 - 85253 - BaldwinTeam.com - $2,250,000

see more inside


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