There is a cool Scottsdale Mid-Century Modern home tour that’s happening tomorrow, Sunday, November 9th. South Scottsdale has its pockets of Mid-Century Modern homes, that come on the market once in awhile, and they often get scooped up pretty quickly.
The home tour tomorrow is presented by Nonprofit organization Scottsdale Gateway Alliance, which describes South Scottsdale as “a hotbed of mid-century modern architechure”. The tour features properties that have been fully remodeled and others that have been kept true to their mid-century design, and include homes designed by Ralph Haver and Chrles Schreiber.
The Scottsdale Mid-Century Modern tour starts at 11:30 am, at Sky Song. Tickets are $20 and can be purchased at www.eventbrite.com. Trolleys will be running the tour until 4 pm.
For more event information, visit scottsdalegatewayalliance.com and click on News.
Want to know more about Phoenix and Scottsdale Mid-Century Modern Neighborhoods?
Here are a few local resources:
Dwell Arizona – From Ralph Haver, Al Beadle, Charles Schreiber, Blaine Drake, Calvin Straub, Bennie Gonzalez, to Frank Lloyd Wright designed homes and neighborhoods… there are many mid-century modern gems among the Phoenix, Scottsdale, and Tempe areas. Here you can view mid-century modern properties by architect/builder or by neighborhood.
5 Best Midcentury Modern Neighborhoods in Metro Phoenix
Phoenix and Scottsdale Mid-Century Modern Homes Currently for Sale
8029 N Via Verde, Scottsdale, AZ 85258
Looking for a fabulous single level patio home, that’s in pristine condition, and located in a fantastic McCormick Ranch location? This 3 bedroom, 2 bath home has been beautifully maintained and is in move-in ready condition. With an open floor plan for all the main living areas, and a split master configuration, this home has a welcoming feel from the moment you step in the front doors. Situated on a quiet cul-de-sac in a private neighborhood, it has a south facing entry and an oversized 2-car garage. Energy efficient dual pane windows and newer HVAC (2009) and roof (2011) have been installed. New doors and hardware, as well as updated lighting has been installed throughout the house. With both formal living and dining rooms, as well as an inviting family room which opens
I found this home buying vs. renting calculator 5 years ago, and think it’s just as relevant in today’s real estate market as ever. Home sales and rental prices have been on the rise, and so have interest rates. So, for those of you trying to decide if now is the time to buy a house in Scottsdale, I’ll re-post this great little calculator.
Originally published as: Buy or Rent – Now there’s a calculator – At Home in Scottsdale on March 24, 2008
Here’s a helpful home buying vs. home renting calculator from the New York Times web site. What I really like about this calculator is that it gives you a lot of info with just a couple changes to match your location. It also gives you a visual look at when you start seeing the savings (if any) of buying a home in your market.
In Scottsdale, property taxes are less than what the calculator defaults to, so I suggest changing the percentage to .5% to be closer to our rates.
The Business Insider recently published “The 20 Safest Cities in America”, sharing from the latest FBI report on crime in America, and Scottsdale ranked in 6th place.
Besides being clean and pretty, it’s great for home buyers to know Scottsdale has crime rates substantially below the national average.
If you are looking for more information on crime statistics for Scottsdale, you can visit:
For information on crime stats in the City of Phoenix, visit Crime Statistics and Map.
For crime information for all other cities, you will find the city web site at the League of Cities and Towns website.
And finally, when clients ask for further information about local crime rates, I suggest they call the non-emergency number for the city they are thinking about buyer a home in, and talking to the Public Information Officer to ask their specific questions.
More on Scottsdale Safety and Transportation:
One last footnote: The Business Insider used one of my At Home In Scottsdale photos for their article, which was quite a pleasant surprise!
Last week, a future Scottsdale home buyer told me that he’d heard it’s hard to get a loan to buy a house. I was a bit taken by surprise because the majority of home buyers are using conventional mortgages to purchase homes in today’s market. Interest rates are still incredibly low when looked at historically. And, while lenders want solid credit and a lot of documentation, they are lending money.
The chart above shows that from about 2004-2007, approximately 1 in 10 homes in the Phoenix Metro area was purchased with cash. Cash buyers then became a more significant part of the market, purchasing 35-40% of the homes, for the past several years. Looking at 2013, you can see the trend is changing, with cash buyers now comprising only 30% of the market, so that 7 in 10 local home buyers are getting home loans.
I’ve worked with a lot of great lenders over the years, and have listed several here on my web site. If you are thinking about buying a home, and don’t plan to pay cash, definitely call a lender and get an idea of what you can afford, and what you are willing to pay. This first step will get your home buying process started off on the right foot.
If you have any questions about the home buying process, please call or email me. I’m here to help.
Scottsdale home prices are definitely on the rise. If you take a look at the chart below, you’ll see that since October 2011 that Scottsdale is definitely seen an increase in single family home prices. (While this chart showing the three month moving average sales price per square foot says that it’s for the greater Phoenix area, it’s actually data for only the City of Scottsdale. The data includes normal sales, short sales, and foreclosures for single family homes only.)
From a low average sales price per square foot of $163 in October 2011, prices rose $185/square foot during the summer. After a slight dip in the fall prices, have continued to appreciate up to $194/square foot at the end of the year. The appreciation rate for average sales price per square foot over the past year if 17.5% for single family homes in Scottsdale.
This next chart looks almost identical to the prior chart. This data represents Scottsdale single-family homes, normal sales only. The graph line has the same shape but the numbers are different for instance below in September 2011, is $187 per square foot. In the fall prices rose to $196 per square foot, before tapering off and then surging to $205 per square foot.
So you can see that normal sales in Scottsdale for single-family homes still carry a bit of a premium. And, the other good news is that this rolling 3-month average sales price has finally passed the $200 a square foot. And to me, this is definitely a sign that Scottsdale real estate is on the road to better health.
Over the past year, the number of homes for sale in Scottsdale has continued to drop, from 1800 at the first of the year to just under 1600 currently. Looking at the chart below, you can see that normal homes (i.e. homes are not short sales or foreclosures) dominate the Scottsdale real estate market.
What is more apparent when you look at the types of homes for sale is that the number of normal homes has remained more constant this year. Starting and ending this year at just over 1400 homes.
And when you look at the number of short sales on the market, you see that they have dropped significantly over the past year, from 180 listed a year ago, to just over 60 now.
And the situation with foreclosures is the same. Approximate 100 lender-owned homes were listed a year ago, and now there are about 40.
It’s a great way to end the year, knowing that the Scottsdale real estate market continues to improve.
If you are interested seeing some of the homes in Scottsdale that are currently on the market, here are some easy searches for all Scottsdale zip codes.
Homes for Sale in Scottsdale