November 2008
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Status Update on Major East Valley Condo Projects

November 4th, 2008

Main Street Plaza
Location: Downtown Scottsdale
Condos & Retail
Status: First phase complete, later phases stalled, developer in legal dispute with Scottsdale.
Centrovida
Location: McDowell & Miller, Downtown Scottsdale
Mixed-use town homes, apartments, offices, retail shops
Status: Stalled
Southbridge
Location: South side of canal between Goldwater & Scottsdale Rd., Downtown Scottsdale
Mixed-use residences, shops, offices, restaurants
Status: 1st 4 buildings completed, condos to be replaced with […]

Phoenix Named Number 6 Sports City

October 16th, 2008

by Phoenix Business Journal’s Chris Casacchia
Sporting News ranked Phoenix No. 6 in its annual list of top sports cities.
The Valley nabbed a top 10 spot thanks to high-profile venues and its role as host to the 2008 Super Bowl, annual Fiesta Bowl BCS game at University of Phoenix Stadium and the famed FBR Open in […]

Top 10 Trends in Real Estate, According to HGTV’s Real Estate Site, FrontDoor.com

October 7th, 2008

1. Homes in foreclosure reach record highs. While some markets have started to show improvement, the number of homes in foreclosure continues to rise to unprecedented levels. According to a report from the Mortgage Bankers Association, a record 1.2 million homes were in foreclosure in the second quarter of 2008. This number is expected to […]

Tips for Buying a Foreclsosure Condo

August 11th, 2008

Just as in most major metropolitan markets in the U.S. right now, Phoenix, Scottsdale, & Tempe have a plethora of short sale, foreclosure, and bank owned condos to choose from. Here are some tips that can help you to find the right distressed condo for you:
1. Focus on a Condominium Community - If you find […]

Options for Condo Owners Facing Foreclosure

August 7th, 2008

If you are a condo owner facing foreclosure, then there are several options available to you that may help you avoid the foreclosure:
1. Loan Re-Modification- When facing foreclosure, immediately contact your bank and try to work with them as they may be able to re-modify your loan in what is called a Loan Re-Modification. This […]

Why Travelers Choose Condos

August 5th, 2008

If you are an avid traveler and you are considering purchasing a home in Scottsdale, Tempe or Phoenix, then it may be more beneficial for you to purchase a condo over a “traditional” home. Here are a couple of factors to consider before making your decision:
1. Cost - The cost of living in a […]

Getting Your Condo, Town Home, or Loft Ready to Sell

July 28th, 2008

If you are preparing to sell your condo in Scottsdale, Tempe or Phoenix, then it is always smart to get your unit looking its best. Making renovations that are not too costly & don’t take too long to do are going to give you a good return on investment. These repairs will also assist you […]

5 Tips to Determing the Quality of a Condo

July 23rd, 2008

When looking to purchase a condo in Scottsdale, Tempe or Phoenix, there are some basic things you can do to determine the quality of the condo, town home, or loft you are looking to buy:
1. Check the appliance as well as the heating & air conditioning - Upon arrival you can begin by testing the […]

7 Reasons for Buying a Scottsdale, Tempe, or Phoenix Condo

July 22nd, 2008

With the dramatic changes in the real estate market, many buyers in Scottsdale, Tempe and Phoenix are turning to purchasing a condo, town home or loft rather than a single family home as their first home purchase. With the condo lifestyle on the rise you can find them located in a variety of places so there is sure […]

Not So Luxurious Phoenix High Rise Condos

July 19th, 2008

A high-rise renovation project on a historic central Phoenix landmark in that received high praise when it was converted from apartments to condominiums in 2005 is not receiving such high praise now.
The Landmark Towers, 4750 N. Central Ave., was built as Camelback Towers in 1963. The project received much attention when it was restored […]