Aventura condos in Scottsdale
I read an interesting article in an e-mail I received from one of my many real estate magazines.  Sales of single-family homes dropped off 2.9% compared to October of 2004. However, the Scottsdale condo market has remained strong.  Condo sales were up 10.2% from October 2004.

I don’t remember condo sales outpacing single-family homes.  I certainly could have missed some past statistics but this surprised me.  I guess with the huge price increases we’ve seen in the past 2 to 3 years, many first-time buyers are simply being priced out of single-family homes.  Or, maybe it’s that baby boomers are downsizing.  Could be a bit of both.

The median home price in October went from $184,000 in ’04 to $209,900 this year, a 14.1 percent increase.  However, it…

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scottsdale real estate housing graphIf you ask someone what their opinion is on real estate in 2006 with interest rates inching up, you'll get many different answers. Here are some of them:

 Diane Swonk of Mesirow Financial in Chicago was interviewed. Diane feels the real estate market will be slower but not a collapse. I agree with Diane that although Arizona certainly felt the real estate boom of the past 5 years, we were not on the highest end of that frenzy. So our softer market won't be as drastic as other markets.

Lawrence Yun of the National Association of REALTORS® (NAR) was also interviewed. I will sum up his interview. Mr. Yun feels that rising interest rates are certainly not going to be good, yet at a prediction of 6.7 percent they are still historically favorable low rates.…

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senior couple driving away in convertible in scottsdale arizona

OK, so I was 32. But I was the one with the grandchildren. One of my brothers was already living in California. My 18-year-old brother was now left with a decision of moving with my parents (unless they chose a retirement area of 55 and older), staying in IL (I don’t think he had a decent job at the time), or moving in with my brother in California. He chose the latter. In fact, he’s been there ever since and is married to a California girl and they have 2 children and live in the garlic capital of the world, Gilroy.

My other younger brother, who had lived in CA for some time, moved back to IL for 3 years to work for Motorola. After that stint, he went back to CA and has lived in San Jose with his wife and kids ever since. They also have a second…

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scottsdale road intersection

If you see the date, this was the first post on my real estate blog that was made in 2005. It is now 2022 and I've had several different web designs. You are viewing the latest, even if it's past 2022. Whatever you're seeing now is the most recent look of our Scottsdale real estate blog. 

This website has brought me many clients and in my best year, which was 2007, around 80%+ of my real estate sales came from this website!  Our home search has been upgraded over the years and I hope you find it easy-to-use and will help you with your next real estate purchase and/or sale. Below is our original post.

Welcome to Judy Orr's Phoenix area real estate blog that will introduce you to Carefree, Cave Creek, North Phoenix, North and all Scottsdale…

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