RE/MAX Excalibur Properties Magazine - Spring 2010

ScottSdale | PHoeNIX | PaRadISe ValleY | eaSt ValleY | tUcSoN

PropertiesM A G A Z I N E

r e / m a x e x c a l i b u r

SPRINg 2011

surrounding areas

&

See cover property inside front cover.

Luxury Properties, Homes, Condos, High-Rises, Lofts & Land

Short Sales, Bank-Owned and Ready-to-Sell

Tucson Market & Listings Inside

did you know? Greater Phoenix is part of the Sun Corridor, one of 10 megapolitans expected to see the bulk of an estimated $25 trillion of investment in the U.S. by 2030.

W e l c o m e

Sincerely,

Howard Lein Owner, Re/Max Excalibur

As our winter season draws to a close, it is exciting to reflect on all of the positive activity the Phoenix/

Tucson real estate market. Allow me to expand:

• Inventory levels have stabilized. We’re seeing conventional listings stay on the market for days versus weeks.

• Prices have stabilized. For the folks who have sat on the sidelines waiting for prices to drop another 20

percent, they have been disappointed. Rather, in some zip codes prices have increased.

• Winter visitors have purchased in record numbers. This has been the buying opportunity of the decade.

Now, they are bringing their friends to Arizona and purchase volumes are continuing.

• Investors have discovered Arizona. The world knows that Arizona has been “on sale.” It’s not too late to

take advantage of the lucrative rental market and achieve some incredible rates of return.

• Interest rates are rising. Why is that good? For anyone who has been “sitting on the fence” waiting to

buy, it sends out a “buy now” message. It is far more costly to pay an increased interest rate than to

hope that you might get a 5 or 10 percent price reduction on a home.

For our many foreign buyers/investors, we hope you enjoy our magazine and statistical content. It has been a pleasure working with not only our

Canadian clients but our new-found friends from the UK, New Zealand, Australia and India, to name a few.

For these reasons, we are seeing a very active summer season coming to Arizona. For the people who have been waiting to buy or have been

waiting to list their home, summer could be a great opportunity.

Be sure you are working with a seasoned real estate professional. Nobody has more experience than your RE/MAX Excalibur associate.

Entertainer’s Dream HomeStunning Spanish-style entertainer’s dream home featuring coffered ceilings, Venetian plastered walls,

and travertine flooring throughout. Adjacent to the great room is an oversized kitchen area which includes slab granite counters, custom cabinets, and upgraded stainless steel appliances. Luxurious split master boasts a gas fireplace, jetted tub, steam shower, and huge walk-in closet. The private guest casita includes a complete workout room with sauna. Relax outdoors by a private heated, salt-water, pebble-tec pool with water feature or enjoy the game area with 2 pool tables, foosball, outside fireplace, fire pit, numerous TVs and built-in BBQ along with beverage refrigerator. Side entry 4-car garage with built-in cabinets. Too many other amenities to mention. A MUST-SEE HOME! Offered at $1,695,000.

Thomas PelliteriABR, CDPE, SFR, CIAS480-650-4498

on the Cover

2011 | Spr ing | PROPERTIES MAGAZINE | 3

did you know? Phoenix Sky Harbor International Airport is the eighth busiest in the U.S. and the world for passenger traffic for takeoffs and landings.

Valuable Information

C O N T E N T SReal Estate FeaturesVolume 3 | Issue 2

noTE: NOTE: This bar graph combines the “sold” listings of all office locations and independent offices of each multi-office or franchise organization identified, which listings were sold by such organization itself, or with the aid of a cooperating broker, according to data maintained by the Local Board or Multiple Listing Service for the geographic area indicated. The bar graph compares all those listings that were “sold” by each organization during the period 01/01/10 – 12/31/10. This representation is based in whole or in part on data supplied by the ARMLS and its Multiple Listing Service. Neither the Associations nor their MLS guarantee or are in any way responsible for its accuracy. Data maintained by the Associations may not reflect all real estate activity in a market. ©2010, RE/MAX Southwest Region. Each RE/MAX® office is independently owned and operated.

110204

ListingsRE/MAX Collection

Distinctive Living 13

Listings 14-15

Homes

The Valley Home Market 17

Listings 18-24

Condos, High Rises & Lofts

Condo Home Market 25

Listings 26

Tucson

Southern Arizona Market 27

Listings 30-31

Investing: The New Value 4

Home Prices: Averages Valleywide 5

Designations: What They Mean 5

Tucson: Real Estate on the Move 28

6360 E. Thomas Road, Suite 210Scottsdale, Arizona 85251

(480) [email protected]

InMediaCompany.com

Rick McCartney | PublisherRaeAnne Marsh | Editor

J. Rentilly | Content EditorBenjamin Little | Graphic Design

Connie White | PhotographerAccount Executives

Louise Ferrari, Cami Shore, René Tello

Excalibur Shea Office8510 E. Shea Blvd., Suite 100

Scottsdale, AZ 85260(480) 355-3500(888) 899-0496

Excalibur Ridge Office21803 N. Scottsdale Road, Suite 100

Scottsdale, AZ 85255(480) 850-5000(800) 736-2974

Excalibur Troon Office10458 E. Jomax Road, Suite 100

Scottsdale, AZ 85262(480) 344-4400

(800) 451-2811

Oro Valley / Tucson11115 N. La Canada Dr., Suite 155

Oro Valley, AZ 85737Office 520-461-1255

Fax 520-461-1256Toll Free 800-944-3694

Publication Advisory Committee

Howard Lein, Owner

Rol Johnson, Designated Broker

Kris Anderson, CLHMS, ABR RECS, CMRS, HI

Gary Brown Director, Career Development

Karen Grobman PC, GRI, e-PRO, CLHMS

Gayle Henderson, PC, CRS, GRI CDPE, ABR, CLHMS

Tyler Lein, Manager

Dean Selvey, CRS, ABR

Andrew Bloom, CDPE

Participating Associates 6-7

©2011 InMedia Company and RE/MAX Excalibur. RE/MAX Excalibur does business in accordance with the State and Federal Fair Housing Law, in the sale or rental of housing or residential lots, in advertising the sale or rental of housing, of the financing of housing and in the provision of real estate brokerage services. We are not responsible or reliable for misinformation, misprint, typographical errors, etc. which might appear in advertising. Reproduction in whole or part is prohibited. All rights reserved. If your property is currently listed with a broker, this is not an inducement to list your property. We will cooperate with your broker. All offerings subject to omissions, prior sale, change or withdrawal without notice.

RE/MAX Excalibur Properties Magazine is published four times per year by InMedia Company, 6360 E. Thomas Road, Suite 210, Scottsdale, Arizona 85251 (480) 588-9505. For questions or comments about RE/MAX Excalibur Properties Magazine, contact InMedia Company at (480) 588-9505 or via email at [email protected].

Equal Housing Opportunity.RE/MAX® is a registered trademark of RE/MAX International, Inc.

ColdwellBanker

West USAHomesmartRealtyExecutives

KellerWilliams

LISTINGSSOLDLISTINGSSOLD 12,552 7,960 5,428 3,685 3,603

13.48%

8.55%

5.83%

3.96% 3.87%3.33%

3,097

Phoenix Metro Area Jan 1, 2010 to Dec. 31, 2010

Valley Map 10-11 Tucson Map 29

Pinnacle Peak

Phoenix, AZ

4 | PROPERTIES MAGAZINE | Spr ing | 2011

did you know? In the Greater Phoenix area, 110 languages are spoken, the third highest number recorded in any region in the U.S.

Get Real-Time InformationNeed a price on your home? Call the RE/MAX Excalibur Home Hotline!

Imagine driving through a community and spotting

a home for sale that piques your interest. You dial the

number on the yard sign to find out the sales price and

are immediately greeted by the company’s voice mail

system. Frustrating? Not anymore.

RE/MAX Excalibur has introduced a 24/7

information service that’s designed to help you get

instant information on any MLS-listed property. Best of

all, you don’t have to wait for an agent to pick up the

phone or even call you back.

Simply call the hotline, enter the address of the

home in question or the MLS number, and the Excalibur

Hotline will do the rest. In addition to vital information

on the home, the hotline will quote a monthly payment,

send a copy of the listing to you and even give you the

opportunity to speak to an agent. However, if all you

want is the cost of the home, no problem!

Shop for homes all over the area without ever speaking

to an agent. Excalibur Home Hotline is the ultimate real

estate shopping tool, giving you complete control of your

time. It’s fast, convenient and highly confidential.

Try this latest convenience tool in real estate and

find some outstanding home values. Call the Excalibur

Home Hotline today.

Phoenix Area: (480) 374-1710Tucson Area: (520) 468-7009

In real estate, as in all corners of life, perspective

is everything. If you’re one of the several million

Americans in a distressed-home situation, fortune’s

smile is harder to find these days. The good news for

real estate investors, however, is that these homes,

comprising a significant portion of the Greater

Phoenix area’s residential inventory, are available at

extraordinarily low prices and investment has never

been easier or more potentially lucrative.

While many Americans continue to turn to the

stock market and other investment methods for

their extra cash flow and retirement funds, real

estate continues to be among the most stable and

lucrative investments available. The majority of real

estate investors in 2009-10 had a combined annual

household income of $75,000 or less, indicating that

these types of investments are for the middle-class

as much as for the very wealthy. Reduced housing

prices, record-low interest rates and a strong rental

market are key components to the enormous

potential for real estate investors and the agents with

whom they collaborate.

The good news for sellers in today’s real estate

market is that a growing number of focused investors

is available to acquire properties in a timely fashion,

whether for straight sales or in distress situations.

Investors oftentimes help sellers avoid foreclosure and

other credit-damaging situations.

By J. Rentilly

Ample inventory and attractive ROI make real estate a hot market

Investment Property

Many experts believe that investment is the key to

not only surviving but thriving in today’s real estate

market. Indeed, nearly one-third — or close to

$300-billion — of 2010’s residential real estate deals

were approached as investment properties, a trend

expected to grow even more in coming years. Thanks

to the current run of well-priced inventory and a

new breed of real estate agents trained specifically in

handling investment properties, real estate investing

has never been easier than it is today.

While seasoned investors have reasonable success

in acquiring worthwhile investment properties, an

experienced, well-trained real estate agent can not only

ease the process but provide the expertise, perspective

and acumen required to build a truly powerful real

estate portfolio. Last winter saw the launch of a new

real estate agent designation, Certified Investor Agent

Specialist (CIAS), which has become one of the fastest-

growing trainings in the real estate industry.

CIASs are specially trained to identify and address

the need’s of real estate investors, from first-timers to

veterans working established portfolios. Many provide

full service, clearly identifying an investor’s individual

goals; locating premium leads; assessing properties for

cash flow, cash-on-cash return, leverage, depreciation

and return on investment; handling all loan and

property paperwork; and closing the deals — often

with as little as a go-ahead from investor clients. These

are particularly powerful tools in the Greater Phoenix

area, where so many properties are available at greatly

reduced prices for a variety of reasons.

CIAS-designated agents in the Greater Phoenix area

are well-attuned to the expansiveness and diversity of

the region and keyed into the various fluctuations and

developments of particular neighborhoods, critical

information when choosing investment properties.

They keep their eyes on the “big picture,” allowing

investors to work with confidence and ease, whether

they are interested in properties for longer-range

rental situations or shorter-term resale.

Many CIAS-designated agents — demonstrating a sharp

eye for value, scrutinizing appreciation trends and rental

climates, evaluating properties as if the monies involved

were their own — are willing to secure rehabilitation

recommendations and quotes on appropriate properties.

Some of these agents are even handling the rehabilitations,

rentals or resale for investor clients, who never have to set

foot inside the properties in question.

Whether you are considering entering the

investment arena for the first time, already hold a

portfolio of real estate investments or hold a property

for sale, consulting with a CIAS-designated agent will

likely yield a fresh, potentially lucrative perspective on

today’s ever-evolving real estate market.


did you know? Scottsdale has AAA ratings from Standard & Poor, Fitch Ratings and Moody’s Investor Services since April 2002.

Sampling of East Valley CommunitiesSales from Sept. 1 to Dec. 31, 2010

Comparisons of single-family homes only in these communities.

*Although Maricopa County averages a 13-month inventory supply, most of these communities averaged well under a year with many averaging 5-9 months supply. In other words, if no new homes came on the market, it would take the market, at its cur-rent pace, 5-10 months to absorb all of the homes on the market.

Area Avg. Sales List/ Apprx. $ per Price Sale Ratio sq.ft. sq.ft.

Cave Creek

Dove Valley $297,408 95% 2,524 $119.72

Tatum Ranch $222,675 98% 1,960 $114.70

Chandler

Cooper Commons/Cooper Corners $177,363 97% 2,137 $81.69

Fulton Ranch $343,181 94% 2,740 $122.11

Ocotillo $292,726 96% 2,450 $111.17

Fountain Hills

SunRidge Canyon $395,117 92% 2,593 $155.69

FireRock $490,000 95% 2,825 $168.30

Gilbert

Finley Farms $133,395 94% 1,575 $84.56

Agritopia $221,855 98% 2,596 $85.17

Power Ranch $186,713 97% 2,106 $90.87

Val Vista Lakes $315,362 99% 2,765 $110.38

Mesa

Dobson Ranch $149,622 96% 1,944 $77.57

Las Sendas $441,298 96% 3,090 $139.48

North Phoenix

Desert Ridge $295,405 97% 2,249 $132.39

Tatum Highlands $242,200 97% 2,088 $116.86

Phoenix

Biltmore $267,871 95% 1,522 $136.04

Scottsdale

DC Ranch $802,019 96% 3,352 $209.67

Desert Highlands $867,833 82% 5,680 $177.35

Desert Mountain $1,571,522 90% 5,502 $274.05

Gainey Ranch $682,857 88% 2,543 $248.53

Grayhawk $358,212 95% 2,028 $153.59

Kierland $463,792 96% 2,195 $230.78

Mirabel $825,900 88% 4,630 $173.69

McDowell Mt. Ranch $484,680 96% 2,643 $179.88

Scottsdale Mountain $630,000 94% 3,655 $167.81

Scottsdale Ranch $400,769 92% 2,667 $151.42

Silverleaf $2,150,801 93% 5,519 $354.19

Stonegate $517,636 95% 3,231 $165.16

Troon/Troon North $664,756 92% 3,378 $191.50

Tempe

Warner Ranch $263,636 96% 2,151 $123.18

Accredited Buyer’s Representative (ABR) – To achieve this designation, Realtors must complete and pass the exam for a two-full-day course on all aspects of buyer representation and document a qualifying number of buyer transactions. ABRs maintain membership in the Real Estate Buyer’s Agent Council and keep up to date on important developments in buyer agency.

Certified Distressed Property Expert (CDPE) – The CDPE designation is a nationally recognized certification given to agents who have dedicated their time and effort to understanding the issues distressed homeowners are facing. After taking multiple courses and training sessions, the agents are better equipped to deal with entering the distressed property market, including REOs, short sales, pre-foreclosures and working with investors.

Certified Investor Agent Specialist (CIAS) – This is a new designation signifying agents have been trained in the knowledge and tools to evaluate a solid investment property with regard to specific investor goals. The course gives CIAS-designated agents the investment-specific information on cash flow, cash-on-cash return, leverage, depreciation and return on investment.

Certified Luxury Homes Marketing Specialist (CLHMS) – This designation is through The Institute for Luxury Home Marketing, which exists to help buyers and sellers of luxury homes and estates find real estate professionals who specialize in the luxury home market and have completed extensive training to build additional competencies.

Certified Residential Specialist (CR) – With less than 4 percent of agents with this designation, this is the most difficult designation to obtain and is a measure of a high degree of formal education and real-world transactional experience. To obtain a CRS, the agent must attend three two-day classes, pass three exams and provide proof of 25 closed transactions within the last 24 months. While the transaction experience isn’t a huge amount, it does weed out the inexperienced agents and the classes weed out those agents who aren’t dedicated to continuing education.

Graduate Realtor Institute (GRI) – To earn the GRI designation, Realtors must complete more than 90 hours of specialized real estate courses. A Realtor who earns the GRI designation has shown his or her commitment to the industry and toward serving the client.

Seniors Real Estate Specialist (SRES) – This specialized course of study focuses on real estate issues that are important to senior citizens, including retirement, reverse mortgages, downsizing, health care and IRAs. After completing this course, an SRES Realtor is uniquely suited for helping senior citizens and their families with their specialized real estate needs.

Alphabet Soup: What REALTOR®

Designations Really Mean


ASSOCIATES PAGE(S) ASSOCIATES PAGE(S) ASSOCIATES PAGE(S)

Kris Anderson

CDPE, CIAS, SFR, ABR, CLHMS, CMRS, RECS, IRES, AREA(480) 567-2103

15, 21, 22, 23,

26

Rosalie Barley

ABR, CDPE, CIAS, ePRO, GRI(602) 418-0246

24

Allyn Barnum

CRS, GRI(602) 369-6000

21, 22www.YourPremierteam.com www.YourArizonaAgent.com

Lucy Barraza

ABR, GRI, CRS, CL-HMS, CDPE, CIAS(520) 909-7653

31

David Blobaum, PLLC

CIASYour Premier Team (480) 329-6327

23

Deborah Brewer

CDPE, CIAS, IRES, SFR (602) 228-7280

22BuyAndSellTucsonRealEstate.com www.DaveBlobaum.com www.dbrewerrealestate.com

Marilyn Carberry

ABR, CDPE, CIAS, CNE, CSSN(602) 769-0753

22

Randi Christel

CIAS (602) 370-2396

19

Bill Cole

ABR, GRI, CDPE, CIAS(480) 421-8116

18CarberryProperties.com www.HomesByRandi.com www.foregolfproperties.com

Emily Efird

(602) 792-9996

19

Dan and Penny Gebhart

CIAS(520) 977-7975

30

Julie Grahmann

GRI, CRS, CDPE, SFR, ABR(480) 786-1501

21www.AZMovingPlan.com www.danandpennygebhart.com

Karen Grobman, PC

GRI, CLHMS, ePRO, CIAS(480) 688-0688

24

Gayle Henderson, PC

CRS, GRI, ABR, CLHMS, CDPE, CIAS(480) 850-4335

21, 23, 26

Frances V. Iobst

Realtor®, CDPE, CIAS, CSSN(602) 625-6545

14, 23 www.ArizonasHotProperties.com www.AZMovingPlan.com www.YourArizonaHomeSpecialist.com

& R E / M A X E x c a l i b u r O f f i c e swww.excaliburrealestate.com

AssociatesPa rt i c i pat i n g

Shea 8510 E. Shea Blvd., Suite 100 Scottsdale, AZ 85260(480) 355-3500(888) 899-0496Shea and 101

Scottsdale Ridge21803 N. Scottsdale Road, Suite 100 Scottsdale, AZ 85255(480) 850-5000(800) 736-2974Serving North Scottsdale & Phoenix

Oro Valley / Tucson11115 N. La Canada Dr., Suite 155Oro Valley, AZ 85737Office (520) 461-1255fax (520) 461-1256Toll Free (800) 944-3694

Troon 10458 E. Jomax Road, Suite 100 Scottsdale, AZ 85262(480) 344-4400(800) 451-2811Serving Carefree and Pinnacle Peak

Now in Tucson

RE/MAX Excalibur is now in Tucson. See our Tucson Agents listed below and homes on page 30.

TUCSON

TUCSON

http://www.dbrewerrealestate.com/


ASSOCIATES PAGE(S) ASSOCIATES PAGE(S) ASSOCIATES PAGE(S)

MJ Jones

CIAS(602) 315 3693

23

Laura Loman

CIAS, CRS, SRES, IRES, CSSPE(520) 907-5406

30, 31

Barbara London

(602) 363-6107

24

Gail Martin

(480) 502-5718

26

Mark McGrew

CDPE, REO Certified(602) 790-9119

22

Sara Nickels

CDPE, CIAS (602) 568-2848

20www.lauraloman.com www.YourArizonaHomeSpecialist.com www.SaraNickels.com

Malinda Jean Odle

ABR, ABRM, CRS, GRI, SRES(602) 793-1968

24

Mehran Parsai

(480) 585-8100

26

Shari Peck

(480) 329-7906

24www.Parsai.com www.ShariPeckTeam.com

Tom Pelliteri

CIAS(480) 650-4498

Cover, 2, 20

Tim & Aurien Preiss

GRI, CRS, CSSN(480) 229-1122

21, 23

Sindy Ready

The Callaghan Team(602) 478-4017

18, 26www.phoenixhomes-land.com www.AzGreatHomes.com

Chip Rock

CIAS(520) 907-5642

31

Susan Salamone

ABR, CDPE, CLHMS, GRI, SFR(480) 595-7218

18

Melanie Sanders

Associate Broker, CDPE, CIAS, CSSN, CIAS, REO Certified(480) 570-5203

21www.SusanSalamone.com www.YourArizonaHomeSpecialist.com

Tom Sloyan

CDPE, CRS, e-PRO, SFR(520) 907-3690

31

Alison Sontag-Goyette

CIAS(480) 874-2062

20

Beth Steil

ABR, CDPE, CIAS, SFR(480) 326-0969

23www.tomstucsonhomes.com www.AliGoyette.com

Dick & Missy Surges

ABR, CRS, GRI, SFR, CDPE, CIAS (480) 219-9230 (520) 219-3800

14, 15, 21, 22, 24, 30

Patti Thomas

CDPE (602) 538-0106

22

Chris Thurber

CDPE, REO, CIAS(480) 225-1165

22www.TEAMsurges.com www.patti-thomas.com www.YourArizonaHomeSpecialist.com

Tom Tischer

Tischer Group(480) 231-0782

24, 26

Don & Kathy Vallee

CDPE, CRS, CLHMS(520) 219-1024

31

Robyn Viktor

The Robyn & Louisa Team(480) 346-5327

23www.TucsonValley.com www.PhoenixHomesAZ.com

Bill White

ABR, CRS, GRI(480) 850-5018

24

Jane Wofford

CIAS, CDPE, SFR, CNE(602) 793-2433

23www.billwhiteaz.com www.janewofford.com

TUCSON

TUCSON

TUCSON

TUCSON

http://www.lauraloman.com

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The ValleyA n I n t r o d u c t i o n t o t h e V a l l e y o f t h e S u n

T he Valley is a dynamic area filled with all the qualities people are looking for in a place to call

home, from family-friendly bedroom communities to metropolitan urban areas.

At the central core is Phoenix, its downtown surrounded by four distinct regions — the northeast Valley, southeast Valley, northwest Valley and southwest Valley. To one side is the West Valley, its brand-new communities and developments appealing to young couples and families. This area is quickly establishing itself as the Valley’s premiere destination for sports and entertainment, boasting the University of Phoenix Stadium and Jobing.com Arena as venues of major cultural events. The East Valley stretches outward on the other side of Phoenix, made up of the Valley’s more established communities. Over the years, East Valley cities like Tempe, Gilbert and Chandler have evolved from small farming communities to sprawling developments offering the best in desert living, while Scottsdale — with its world-class golf, luxury resorts and spas, and incomparable shopping and dining options — continues to be synonymous with luxury living.

An easy-to-navigate freeway system ties the region together and makes it easy to access destinations

did you know? Phoenix has the largest mountain park preserves in the nation, along with the largest municipal park in the world.

Valley LivingIncorporated: 1881

Population: 4,023,331

Median Age (2008): 33.9

Median Income (2008): $56,555

Labor Force: 2,103,300

Employment: 1,925,300

Gross Metro Product: $180.9 billion

Averages as of Dec. 31, 2009 (unless otherwise indicated). Source: Greater Phoenix Economic Council.

throughout the nation’s fifth-largest metropolitan area. Interstate 10 and U.S 60 connect the city east-west, while Interstate 17 and SR 51 connect north-south. Connecting them and providing convenient access to the area’s expanding suburban developments are encircling highways Loop 101, Loop 202 and, further out, Loop 303.

Offering Valley residents an alternative to relying on their private vehicles, the city’s public transportation is rapidly expanding. To keep up with growth, voters approved a tax in 2004 that will raise approximately $9 billion from 2005 to 2025. Adding that to state and federal transportation funds, a total of $17.6 billion will go toward expanding the Valley’s transportation system.

The newest addition to the Valley’s transportation system is the METRO light rail system, which launched in late 2009. Metro’s 20-mile route extends from Mesa to uptown Phoenix, served by 28 stations, eight park-and-rides and five transit centers for bus connections. It attracts a ridership of approximately 30,000 daily. METRO light rail connects passengers with some of the most significant venues in the Valley, from the Phoenix Art Museum and Chase Field in central Phoenix to Tempe Beach Park and Sun Devil Stadium in Tempe. METRO also makes stops at Phoenix Sky Harbor International Airport.

Nestled in the heart of the desert Southwest, the Valley has it all. It has become known for its great golf, wonderful hiking and outdoor events that include culinary festivals, art walks and desert adventures. This time of year sees incredible weather, and residents can enjoy a host of outdoor activities.


Greater MetropolitanP h o e n i x | S c o t t s d a l e


MAP

Excalibur Troon Office 10458 E. Jomax Road, Suite 100

Scottsdale, AZ 85262(480) 344-4400

(800) 451-2811Excalibur Ridge Office21803 N. Scottsdale Road, Suite 100

Scottsdale, AZ 85255(480) 850-5000(800) 736-2974

Excalibur Shea Office 8510 E. Shea Blvd., Suite 100

Scottsdale, AZ 85260(480) 355-3500(888) 899-0496

RE/MAX Excalibur is in Tucson. Check out our Tucson Section on page 39.

Invest in Expertise. It Makes all of the Difference.

RE/MAX Excalibur is proud to announce the

completion by these 18 associates of the CIAS™ designation.

Kris AndersonCIAS, CDPE, SFR, ABR, CLHMS,

CMRS, RECS, IRES, AREA

Rosalie BarleyABR, CDPE, CIAS, ePRO, GRI

Lucy Barraza ABR, CDPE, CIAS, CLHMS, CRS, GRI

David Blobaum, PLLCCIAS

Deborah Brewer CDPE, CIAS, IRES, SFR

Bill Cole ABR, GRI, CDPE, CIAS

Penny Gebhart GRI, CRS, CDPE, SFR, ABR

Gayle Henderson ABR, CDPE, CIAS, CLHMS, CRS, GRI

Frances Iobst Realtor®, CDPE, CIAS, CSSN

MJ Jones CIAS

Laura Loman CIAS, CRS, CSSPE, IRES, SRES

Sara Nickels CDPE, CIAS

Tom Pelliteri CIAS

Chip Rock CIAS

Melanie Sanders Associate Broker, CDPE, CIAS, CSSN,

REO Certified

Alison Sontag-Goyette CIAS

A Certified Investor Agent Specialist™ (CIAS) assist residential real estate investors, using the knowledge and tools earned through comprehensive education and experience, with finding, creating and closing investment properties. CIAS-designated agents can streamline the process of real estate investment

to increase returns for investor clients.

www.excaliburrealestate.com

Beth Steil ABR, CDPE, CIAS, SFR

Jane Wofford CIAS, CDPE, SFR, CNE


Collection

RE/MAX Collection offers some of the most prestigious properties available in the Valley, from

pristine desert manors to luxurious golf course estates. Since its launch nearly 10 years ago, RE/MAX Collection has emerged as the leader in high-end properties, catering specifically to the upper-tier buyer.

Today, RE/MAX Collection is recognized for showcasing homes designated as “luxury,” or homes priced at three times the average sale price of local communities. Uniquely suited to the most distinguished clientele, these exceptional homes are reserved for the most discerning homebuyer.

The program has truly created a brand for RE/MAX, one of the most valuable aspects of marketing any product. No one is more familiar with the power of a brand than RE/MAX International, considered by many to be one of the most recognizable brands in America, if not throughout the world.

In the RE/MAX Collection program, customized qualities include more discreet signage, unique marketing materials, special skill sets for marketing and negotiation, sponsorship of special credentialing, and media opportunities in luxury magazines, Web sites and news publications aimed at development of the luxury market.

RE/MAX agents make up more than half of all Certified Luxury Home Marketing Specialists (CLHMS)

did you know? The Valley is a premier destination, with more than 300 sun-filled days a year.

R E / M A X C o l l e c t i o n B r a n d e d H o m e s

Just the Stats: Luxury Home Market (over $1 million)

Area Avg. sales price List/sell ratio Avg. sq.ft. $/sq.ft.

Carefree/Cave Creek $1,218,333 86% 5,860 $219.00

Fountain Hills $1,250,000 90% 5,470 $229.33

North Scottsdale $1,637,391 88% 5,877 $277.55

Paradise Valley $1,897,930 90% 6,536 $286.88

Phoenix $1,560,156 89% 6,257 $256.88

Scottsdale $1,612,992 88% 5,771 $280.92

Valleywide $1,647,341 88% 6,061 $273.48

Sales reflect Sept. 1 to Dec. 31, 2010, Arizona Regional Multiple List.

industrywide. They receive specialized training in meeting the needs of distinguished clientele and are experts in handling elite properties. Credentialing and continuing education combined with experience separates the RE/MAX real estate associate representing luxury buyers and sellers from the mainstream Realtor® in the marketplace.

With a strong international network and ongoing referral system from agent to agent, RE/MAX associates in the luxury market are able to easily market their listings to luxury associates worldwide. RE/MAX has earned the right to say with pride that “nobody in the world sells more real estate than RE/MAX.”

Photo by Connie White

T H E R E / M A X C O L L E C T I O N

We’re a fair housing provider.14 | PROPERTIES MAGAZINE | Spr ing | 2011

NEW MIRABEL ESTATE PANORAMIC VIEWS

MLS # 4318092

MAGNIFICENT TUSCAN NEW ESTATE WITH SPECTACULAR PANORAMIC MOUNTAIN VIEWS FROM ELEVATED GOLF COURSE HOME SITE LOCATED IN PRESTIGIOUS MIRABEL. GORGEOUS VERSAILLE TRAVERTINE FLOORING THROUGHOUT, RICH WOODEN FLOORING IN GAMEROOM & ELEGANT NATURAL STONE FLOORING IN BATHROOMS. 5 BEDROOMS WITH 6 BATHS, OFFICE, WINE CELLAR & CASITA. GRACIOUS MASTER SUITE RETREAT WITH FINEST FINISHES. HUGE FAMILY ROOM WITH WET BAR & CANTERRA FIREPLACE. GOURMET DOUBLE ISLANDS IN KITCHEN, VIKING APPLIANCES, DESIGNER GRANITE COUNTERS, CUSTOM CRAFTED CABINETRY. ENJOY THE STUNNING SUNSETS FROM YOUR PRIVATE BACKYARD OASIS WITH CUSTOM TRAVERTINE DECKING. HOME NEAR COMPLETION.

Approx. 5315 sq. ft. / 5 bed. + den / 5+ baths

OFFERED AT $1,995,000 | FRANCES V. IOBST | 602-625-6545 | www.YourArizonaHomeSpecialist.com

TROON RIDGE ESTATES

MLS # 4450704

STUNNING Southwest Contemporary w/rounded walls of windows & 14' ceilings accented by clerestory windows & many skylights. Great open flow to the floor plan. TWO master suites w/private baths, walk-in closets, & access to cvrd patio w/fireplace, sparkling PebbleTec pool, soothing spa, & built-in cook center. Unobstructed TROON MOUNTAIN backdrop. Spacious room sizes thruout w/grand great room w/wet bar & fireplace, formal dining rm w/coiffered lit ceiling, gourmet kitchen w/massive granite island & HUGE walk-in pantry w/refrig. 3-c gar. Custom built w/attention to details, quality, & functionality w/great use of light, privacy, & views.

Approx. 3863 sq. ft. / 3 bedrooms / 3.5 baths

OFFERED AT $700,000 | DICK & MISSY SURGES | 480-219-9230 | www.teamsurges.com

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T H E R E / M A X C O L L E C T I O N

We’re a fair housing provider. 2011 | Spr ing | PROPERTIES MAGAZINE | 15

MCCORMICK RANCH

MLS# 4503508

Approx. 2,944 sq. ft. / 4 bedrooms / 3 baths

OFFERED AT $595,000 | DICK & MISSY SURGES | 480-219-9230 | www.TEAMsurges.com

Fabulous RESORT-LIKE rear yard w/SPARKLING POOL, cascading water feature, classic Italian tumbled stone pool surround & covered/uncovered patio areas, fruit trees galore, & grassy area for children/pets delight;truly a yard to enjoy all AZ has to o�er! The marriage of the classic architecture of Frank Lloyd Wright design, the recent tasteful upgrades/remodeling & fabulous private rear yard makes this McCormick Ranch home in Mountain View Estates a warm & inviting "TURN KEY & ENJOY" home. Exceptionally neat & clean w/2 MBR suites (split) from additional 2 BR's/3rd BA. Superb locale near many conveniences. Priced BELOW recent appraisal!

GRAND LAKE, COLORADO

MLS # IRES LISTING

Seller will SELL or TRADE for Scottsdale up to $1.5mil. Snowmobile Capital and Summer Boating Luxury Getaway Estate. Your own boat slip+ Remodel in 2002 + 4 bedrooms + 2 bths + fire pit + hot tub. Floor to ceiling stone fireplace and gorgeous terraced deck for outdoor entertaining. Granite + roof w/ice-melt system+ 2 car garage. The perfect second home/investment (rents $3k-$5Kweek).

Approx. 3313 sq. ft. / 4 bedrooms / 2 baths

OFFERED AT $1,250,000

KRIS ANDERSON, IRES 480-567-2103 www.yourpremierteam.net

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INCREDIBLE PV ESTATE

MLS # 4490852

Custom, crisp, light and bright 5 bdrm+ office, 6480 sq ft home with hickory floors and high ceilings. Formal living, butlers pantry, wine fridge, separate great room, separate guest wing, 4car garage ,exercise room, massive covered patio for entertaining, amazing pool. Features include granite, hard wood floors, gas fireplaces, loaded gourmet kitchen with gigantic kitchen island and breakfast bar

Approx. 6480 sq. ft. / 5 bed. + den / 4.5 baths


KRIS ANDERSON 480-567-2103 [email protected]

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You are here, so play . . .

Discounted Tee Times Valleywide & Worldwideyouarehereaz.com/teetimes

Reliable | Knowledgeable | Experienced

Residential & Commercial Properties maintained with the �nest of care.

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Switch to Innovative Pool Concepts and see what it’s like to be where Quality meets Clarity.


HomesValley Homes, Including Short Sales and Bank-Owned Properties

T oday’s real estate market has caused both buyers and sellers to rethink their plans and be more

cautious when it comes to their homes. For buyers, it’s meant taking a second and sometimes a third look before committing to a contract. Sellers must consider whether it would be better to wait until the market improves and prices stabilize. The good news is, there are still viable options for both sides.

Location should always be the first consideration, for both buyers and sellers. It is consistently the most important factor in a home’s salability. Real estate experts advise that if you plan on living in the home for at least five years and it’s in a good location, it will almost always appreciate in value. A quick flip as an investment might be more of a risk at this time, unless the property is a hot development in a fantastic location or neighborhood.

The number of homes currently on the market is another major factor for both buyers and sellers to consider. The selection is more than plentiful right now, whether the properties are new, pre-construction, conversions or resells. In fact, there is virtually something for everyone in every price range, size and style. With so many homes to choose from, buyers have an advantage and can often negotiate a better price with the seller.

did you know? According to a Brookings study, the Phoenix area has the most secure water in the Intermountain West.

Just the Stats: Home Market (under $1 million)

Area Avg. sales price List/sell ratio Avg. sq.ft. $/sq.ft.

Biltmore $221,046 94% 1,761 $110.82

Carefree/Cave Creek $339,253 96% 2,619 $127.99

Chandler $189,427 96% 2,017 $89.87

Fountain Hills $274,965 94% 2,143 $124.55

Paradise Valley $492,882 96% 2,899 $164.43

Phoenix $114,730 96% 1,613 $89.63

Scottsdale $303,996 95% 2,119 $135.31

Valleywide $147,708 96% 1,896 $82.47

Sales reflect Sept. 1 to Dec. 31, 2010, Arizona Regional Multiple List.


Another element impacting real estate today is financing. This is especially important to potential buyers. Mortgage rates have been at attractive levels for some time and may continue to remain at those levels into next year. However, buyers should keep in mind that down payments and insurance are still required, and, if the property is appraised for less than the asking price, the buyer will

most likely be required to make up the difference.Depending on your personal reasons for buying or

selling, as well as financial situation, it’s still possible to make the market work for you. Every situation will be different and no one can predict exactly what the market will do, but take into consideration all the different factors and make an educated decision for yourself.


H o M E s | A N T H E M ~ C A V E C R E E K

CUSTOM ON 1.2 ACRES!

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MLS # 4497611

SHORT-SALE Beautiful home with space for horses, RV, boat, all your toys! The great room features a built-in entertainment wall, corner fireplace & 16' wall of sliding doors that opens to the backyard featuring a pool with waterfall & BBQ area! The kitchen is a gourmet chef's dream, featuring stainless KitchenAid appliances, double convection wall ovens + microwave, 5 burner gas cooktop, 2 islands, walk-in pantry, slab granite counters & more! The floors through out are travertine and wood! Beautiful raised panel alder cabinets and 8' knotty alder doors! The split master suite has a bay window, electric fireplace, walk-in shower, jetted tub and more!


OFFERED AT $459,000 | SUSAN SALAMONE PLLC | 480-200-2663 | http://www.tourfactory.com/684740

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THE BOULDERS.

MLS # 4282309

Stunning masterpiece with total quietude and a sense of sheer peacefulness envelop this literally hand-sculpted timeless piece of art & architecture which blends seamlessly into the serenity of The BOULDERS RESORT. Set upon a premier acre overlooking the golf course, Boulder Pile, mtns & city lights beyond, this all organic, soft,embracing home has not a linear line in it. In a word...exquisite.



BILL COLE 480-421-8116 www.foregolfproperties.com

AMAZING GOLF VIEWS!

MLS # 4521827

Golf Course & Mountain Views! Located in Anthem's Country Club Guard Gated Community! Professionally Decorated! Kitchen w/Granite Counters is Open to Family Room w/Media Wall & Fireplace, Elegant Master Suite, Large Patio w/Views & All the Anthem Country Club Amenities! True Arizona Resort Living!


OFFERED AT $299,000

THE CALLAGHAN TEAM 602-478-4017 www.AzGreatHomes.com

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H o M E s | F O U N T A I N H I L L S ~ S C O T T S D A L E

ENCHANTINGLY ELEGANT

MLS # 4157590

Scottsdale estate offers unmatched, quality construction with 7,905 SF of sumptuous living space on a quiet cul-de-sac conveniently located ina gated niche neighborhood. This home boasts 6 bedrooms, 7 baths, office, bonus room, master chef's kitchen, wine room and 4 car garage. Backyard oasis with waterfall pool and slide, spa and plenty of entertaining and family living space.

Approx. 7,905 sq. ft. / 6 bed. + den / 5+ baths


RANDI CHRISTEL 602-370-2396 www.homesbyrandi.com

STONEGATE BEAUTY -

MLS # 4537815

SHORT-SALE This 4 bedroom, 3 full bath luxury family home in the prestgious Stonegate community has it all. Prime cul-de-sac location, Gourmet kitchen with granite countertops, cherry cabinets and stainless appliances. Heated pool , putting green and large grassy area.


OFFERED AT $449,000


CITY LIGHT VIEWS -

MLS # 4533283

SHORT-SALE New Price...Terrific 3 bedroom and Office, 2 bath home with Resort rear yard for incredible outdoor living and views. Lofty ceiling heights througout providing bountiful light and generous areas of tile flooring. Exceptional knotty alder custom builtins in Family Room and Office.Southern exposure tropical rear yard including BBQ, Kiva Fireplace and pebbletec heated pool with grand water feature.

Approx. 2596 sq. ft. / 3 bed. + den / 2 baths

OFFERED AT $450,000

EMILY EFIRD 602-762-9996 EmilyEfird.com

EXTRAORDINARY VIEWS!

MLS # 4485453

SOLD! This premiere home has true elegance with wonderful mountain and city views. Nestled in the private, gated, secluded neighborhood of Carino Canyon. This 3,511 square foot home boasts a gourmet kitchen, 4 bedrooms, 3.5 baths on a spectacular lot. Private lot backs to natural open space and is complete with heated pool, spa, fireplace and breathtaking views.

Approx. 3,511 sq. ft. / 4 bedrooms / 3.5 baths

OFFERED AT $825,000


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H o M E s | S C O T T S D A L E ~ P E O R I A

CLOSE TO FASHION SQ.

MLS # 4535318

Located in highly sought after Royale Gardens & very close to Fashion Square, fine restaurants, movies & more * 3 bedroom (2 up, 1 down), 3 bath & 2 car garage * Large, inviting outdoor patio * Soaring ceilings & fireplace in living room * Private craft/sewing room upstairs with its own heat & AC * Formal dining & eat-in kitchen * Clean & neat as a pin * Cannot beat this location!


OFFERED AT $345,000

ALI SONTAG-GOYETTE 480-874-2062 www.aligoyette.com

RESORT STYLE LIVING Gorgeous North Scottsdale townhome! 2 bedroom/2 bath plus den * Immaculate throughout * Plantation shutters throughout * New lighting * New granite counters in kitchen * Beautiful hand-scraped maple hardwood floors * Tastefully decorated & no expense spared * Community heated pool & spa/tennis courts w/ onsite pro * Stunning mountain & boulder views * Clubhouse & no much more!


OFFERED AT $399,900

ALI SONTAG-GOYETTE 480-874-2062 www.aligoyette.com

LUXURY LIVING

MLS # 4340554

Built in 2005, this tuscan masterpiece located in a private gated community is surrounded by boundless vistas and city light views featuring upgraded amenities throughout, guest casita,oversized 3 car garage and a resort style backyard.

Approx. 5334 sq. ft. / 5 bedrooms / 5+ baths

OFFERED AT $875,000

TOM PELLITERI 480-650-4498

TRILOGY OF VISTANCIA

MLS # 4475790

Trilogy, a five star, award winning, 55+ community located in the N/W valley. This 2007 Shea home, with a heated pool and guest casita, will impress you at every turn. Looking for that perfect second home? Call Sara, she has a lot of homes she can show you and together we will work to find you that perfect home!


OFFERED AT $445,000

SARA NICKELS, ABR, GRI, CDPE, CSSN 602-568-2848 www.saranickels.com

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H o M E s | C A V E C R E E K ~ M A R I C O P A

DOVE VALLEY RANCH

MLS # 4493317

Current tenant pays $1164/mth through 7/2011. Great Room floor plan. Well Maintained- No pool- low maintenance- built in 2000. Xeroscape. A great opportunity for temporary rental and second home.


OFFERED AT $225,000

KRIS ANDERSON 480-567-2103 www.yourpremierteam.net

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CHANDLER LIKE NEW

MLS # 4532711

Fantastic newer single level 3 bd PLUS den PLUS bonus room, split floor plan home with 3 car garage on north/south lot. Great condition with lots of upgrades, tons of tile. NOT a short sale or REO.


OFFERED AT $239,000

MELANIE SANDERS 480-570-5203 www.YourArizonaHomeSpecialist

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RYAN ESTATES STUNNING CURB APPEAL WELCOMES YOU TO ONE OF CHANDLER'S FINEST CUSTOM NEIGHBOR-HOODS. FANSTASTIC OPEN FLOOR PLAN BOASTS OVERSIZED GOURMET KITCHEN, PRIVATE POOL, OUTDOOR BBQ AND MUCH MORE. MUST SEE!


OFFERED AT $750,000

ALLYN BARNUM 602-369-6000 www.allynbarnum.com

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FORMER MODEL HOME!

MLS # 4429576

The Best in Guard-Gated Prestigious Eagle Mountain! Fabulous city & golf course views! Downstairs Master Suite, 2 bdrms plus loft upstairs, open Kitchen to Greatroom, Granite counters & Stainless appl


OFFERED AT $575,000

TIM & AURIEN PREISS 480-229-1122 www.PhoenixHomes-Land.com

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CAR COLLECTOR'S DREAM

MLS # 4508643

4-car attached garage + 1596 sq ft detached garage. Storage cabinets,compressed air system, 9000 lb hydraulic vehicle hoist & more on almost an acre. More at http://3683epinonct.ePropertySites.com

Approx. 3545 sq. ft. / 5 bedrooms

OFFERED AT $585,000

JULIE GRAHMANN, GRI CRS CDPE SFR ABR 480-786-1501

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ROOM FOR TOYS!

MLS # 4492477

The Prettiest home on the Block! On nearly an Acre, this Gorgeous Modern Tuscan has beautiful Travertine floors, Greatroom with built-in entertainment and Island kitchen to die for! Gated Community.


OFFERED AT $585,000

TIM & AURIEN PREISS 480-229-1122 www.PhoenixHomes-Land.com

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EL DORADO/HIGHLANDS

MLS # 4534337

Former FULTON model~corner cul-du-sac lot w/N-S exposure~ TURN-KEY:MOVE-IN! ~ 12' ceilings~ fam rm PLUS formal LR/DR combo~ DEN~ walk-in closets every BR~upgraded flrg~NEWLY painted ~SUV-size gar.


OFFERED AT $219,900

DICK & MISSY SURGES 480-219-9230 www.TEAMsurges.com

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ARROWHEAD RANCH

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MLS # 4477710

SHORT-SALE Meticulously maintained with soft decorator colors. Cooks kitchen with stainless appliances. Inviting backyard with pool and extended patio. Many of the inner systems have been updated.


GAYLE HENDERSON PC CDPE CIAS CRS 602-850-4335 www.AzMovingPlan.com

LARGE SINGLE LEVEL -

MLS # 4454796

BANK-OWNED Sought after 3 bdr + dbl dr DEN home offers a lrg family rm, kitchen w/island,tons of counter space & huge pantry. Soaring ceilings in liv areas & in lrg mastr bedr w/walk-in closet. Get answer quick!


OFFERED AT $95,999

MELANIE SANDERS 480-570-5203 www.YourArizonaHomeSpecialist.com

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H o M E s | M E S A ~ P H O E N I X

SUNLAND VILLAGE

MLS # 4533761

BEAUTIFUL 55+ COMMUNITY. CLEAN AND UPDATED, MOVE IN READY. UPDATED KITCHEN AND BATHS. LARGE CORNER LOT. GOLF CART GARAGE ALONG WITH 2 CAR GARAGE. GREAT PRIMARY OR SECONDARY HOME.


OFFERED AT $159,000

PATTI THOMAS 602-538-0106 patti-thomas.com

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STONEBRIDGE GARDENS -

MLS # 4530028

SHORT-SALE AFFORDABLE HOME IN NICE MESA LOCATION FEATURES SPACIOUS GREAT ROOM WITH WOOD LAMINATE FLOORS, COZY FIREPLACE, VAULTED CEILINGS & U-SHAPED KITCHEN. BEAUTIFULLY LANDSCAPED YARD, COMMUNITY POOL & MORE!

Approx. 1177 sq. ft. / 2 bedrooms / 1 bath

OFFERED AT $89,000


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GATED COMMUNITY

MLS # 4481620

Incredible value in 55+ high end gated community offering incredible amenities. 2 large master suites, private baths, walk in closets. Large great room, vaulted ceilings, Great kitchen w/ break. bar


OFFERED AT $159,000

CHRIS THURBER 480-225-1165 www.YourArizonaHomeSpecialist.com

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ENCHANTED CASA BLANCA

MLS # 4499357

Rose Garden Pied-a-Terra Handsomely Designed & Furnished in Authentic Old Arizona Style. Sweeping Views, 12 Ft Ceilings, Fireplaces. Honeymoon Suite of Casa Blanca Inn ('32). Original Adobe Brick.


OFFERED AT $899,000

MARILYNN CARBERRY 602-769-0753 www.CarberryProperties.com

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LAKEFRONT, MONTANA

MLS # NEW LISTING

Seller will SELL or TRADE up to $1.2mill for Phoenix/Surprise/Scottsdale. 3/2 waterfront living in Polson, MONTANA with views &br;of the water and mountains. Brand new, boat dock , onwers' lounge, spa


OFFERED AT $700,000


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TRADE~LEASE~SALE

MLS # 4508583

Intimate setting of Cheney Estates … visit property website 7155eParadiseCanyon.ePropertySites.com for details. Addl. Paradise Valley property for Sale~Lease~Trade from an out of box thinking seller!



DEBORAH BREWER 602-228-7280 www.DBrewerRealEstate.com

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CENTRAL CORRIDOR HOME

MLS # 4534701

Not a short sale or REO. Located on over 16000 sqft irrigated lot in Royal Palm neighborhood & features attached guest quarters with separate entrance. Upd kitchen and many more features. A must see!


OFFERED AT $339,900

MARK MCGREW 602-790-9119

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POINTE TAPATIO

MLS # 4524412

Highly desired Pointe Tapatio home offers formal living/dining, atrium, cozy fireplace, 2 car garage, large brick paver patio opens up to common area & stunning mountain views. Call for more details!


OFFERED AT $215,000


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GOLF COURSE PATIO HM

MLS # 4521076

85-unit PATIO HOME (NOT age restricted) Superstition Springs GOLF COURSE community. HEATED community pool/spa for yr-round enjoyment! LOW MAINTENANCE inside/out. 2-C gar. BRICK PAVER patio.


OFFERED AT $175,000


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H o M E s | P H O E N I X ~ S C O T T S D A L E

MOVE-IN READY BEAUTY! -

MLS # MLS 4533010

SHORT-SALE Beautiful, Newer, Move-in Ready home in Sheely Farms near the 101 and I17. All appliances including Refrigerator & Washer/Dryer. Popular Willow floor plan from Pulte with Open feel and Great Room!


OFFERED AT $90,000

DAVID E. BLOBAUM, PLLC 480-329-6327 www.DaveBlobaum.com

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1002 E ROSEMONTE DR -

MLS # 4535620

SHORT-SALE Spacious 3 bedroom/3bath with tile and wood-veneer floors. Each of the 3 bedrrom suites have private baths , one of the suites has a seperate exit, perfect for guests or live-in help.


OFFERED AT $178,000

JANE WOFFORD 602-793-2433 janewofford.com

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PARQUE VISTA ESTATES

- SHORT-SALE Decorator interior! Stylish living room off the entry with vaulted ceilings and bamboo floor. Open kitchen with work station and breakfast room, tile floors and stainless appliances.


GAYLE HENDERSON PC ABR CDPE CLHMS CRS 602-850-4335 www.AZMovingPlan.com

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BRAND NEW W/POOL

MLS # 4518951

Gorgeous Loft Home w/Granite-Island Kitchen, Resort Bkyard w/Heated Saltwater Pool, Slide, Travertine Deck, Putting Green & B/I BBQ. Mtn Views, Great Location! 24-Hr Recorded Info: 480-374-1710 x10171


OFFERED AT $325,000

BETH STEIL 480-326-0969 www.BethSteil.com

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GRAYHAWK BEAUTY

MLS # 4474312

Grayhawk's Most Sought After SPLIT Floorplan. South Facing Backyard- Light, Bright & SPACIOUS adorned with BAMBOO floors. GIGANTIC view windows. PREMIUM LOT backs to Trails. Gourmet Kitchen w GAS RANG


OFFERED AT $515,000


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PRICE & LOCATION -

MLS # 4521084

SHORT-SALE Don t miss out! This private north backyard is perfect for plenty of outdoor entertaining. Home offers large Master bedroom w/ walk in closet Home features kitchen w/window to backyard & pool.


OFFERED AT $100,000

FRANCES IOBST 602-625-6545 YourArizonaHomeSpecialist.com

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GOLF COURSE PROPERTY

MLS # 4459437

The Best in Troon North! Beautiful Tuscan Luxury with unparalleled views of Monument Golf Course & surrounding mountains. Island kitchen open to Great room, 250 bottle wine cellar, heated pool & spa.



TIM PREISS 480-229-1122 www.PhoenixHomes-Land.com

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13921 E GERONIMO RD.

MLS # 4537898

Beautiful Scottsdale Mountain community-Open Kitchen & dining, island & upgraded stainless appliances. Beautiful mountain views, pebble finish pool with beach area & stone waterfall. Immaculate home.


OFFERED AT $359,000

ROBYN VIKTOR 602-571-9266 http://www.phoenixhomesaz.com/

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MCCORMICK 2 BD HOME

MLS # 4090579

Retire to a private walled villa you can Lock & Leave! Huge rooms flooded w/ natural light! Open; bright! Big patio/deck adds OUTDOOR SPACE! Lots of tile! It's move-in clean, but priced to update!


OFFERED AT $279,000

M J JONES 602-315-3693

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H o M E s | S C O T T S D A L E ~ N O R T H S C O T T S D A L E

WATER EVERYWHERE

INCREDIBLE Water Front and Mountain Views from these 1, 2 and 3 bedroom homes. Gated, Upgraded, Garage, Restaurants, Library. Perfect primary, vacation, or investment. Asking $225,000 - $485,000.

BARBARA LONDON 602-363-6107 www.excaliburrealestate.com

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HISTORIC DISTRICT

MLS # 4506927

62-home HEART OF SCOTTSDALE community on national historical registry w/LOWER TAXES/home improvement grant benefits. Ralph Haver post-war BLk-constructed Many updates. Fenced yard, patios, carport.


OFFERED AT $175,000


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TROON FAIRWAYS

MLS # 4490093

Enter the land of enchantment when you move into this lovely home nestled into a beautiful setting with views of Pinnacle Peak. Great room floorplan. Private pool. 3 car garage.


TOM TISCHER CDPE CNE CRS SFR 480-231-0782 www.PVLuxuryHomeSearch.com

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GRAYHAWK PERFECTION!

MLS # 4205335

Talon Retreat "Model Like" home located Crown Point. All 3 Bedrooms w/own Private Bath, Spacious Kitchen w/Granite Tops, 2 Living Rm Areas, Private Backyard w/ BBQ area. Commuity Pool & Spa GORGEOUS!


OFFERED AT $420,000

MALINDA ODLE, ABR/M, CDPE, CIAS, CRS, GRI, SRES

602-793-1968 Email: [email protected]

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GOLF LOT IN TROON

MLS # 4454737

Luxury home on elevated golf lot on 14th green. Stunning views/sunsets, upgrades, gourmet kitchen w/alder cabinets, travertine flooring, courtyard w/fireplace, solar heated pool, security cameras.

Approx. 3,595 sq. ft. / 4 bed. + den / 4.5 baths


ROSALIE BARLEY, ABR, CIAS, GRI 602-418-0246 YourArizonaAgent.com

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GORGEOUS WOOD FLOORS

MLS # 4524699

This is an immaculate semi-custom home. Beautiful walnut wood floors thru most of the home, just put in a year ago. Many upgrades - granite, surround sound, pebble-tec pool and spa and built-in BBQ


OFFERED AT $665,000

SHARI PECK 480-329-7906 www.sharipeckteam.com

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ENCHANTING ESTATE

MLS # 4540136

Fall in love with this private .73 acre estate in Powderhorn Ranch. Charming large courtyard entrance. Custom features throughout. PebbleTec pool, mountain views & expansive patios. See V-Tour online!


KAREN GROBMAN PC CDPE CLHMS EPRO 480-688-0688 www.ArizonasHotProperties.com

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EXTENSIVELY REMODELED

MLS # 4530212

Lovely remodel has open floor plan with new cabinets & counters, new doors/trim, wood shutters, newer roof, and RV gate with aluminum RV cover. Llocated in popular 85254 zip.


OFFERED AT $275,000

BILL WHITE, ABR, CRS, GRI, CDPE 480-850-5018 www.billwhiteaz.com

ScottS

dale

For more information

on these listings,

visit the individual

websites listed or go to

www.excaliburrealestate.com


CondosH i g h - R i s e s a n d L o f t s

T he Valley’s housing market is looking up — to condos, townhomes, lofts and high-rises. In fact,

the new catchphrase among real estate professionals is, “There’s no place to go but up.” Condos, high-rises and lofts create a varied inventory of style and prices, starting at $100,000 and topping out at more than $1 million. Suburban condominium communities create an affordable niche in the market, with prices less than the median housing price in most locations, while urban lofts and condos are selling well with prices from the $300,000s and up.

Throughout the Valley, many new townhome, loft and patio communities are under construction or in the planning stages. Financing is still readily available for owner-occupants and many lower-priced condo communities are FHA approved, which allows for minimal down payments up to approximately $400,000 sales price. Many developers are also offering significant sales price concessions or other incentives to attract buyers.

There is a very diverse market for condominiums in the Metro Phoenix area. In the southeast Valley, historic Downtown Chandler is becoming a hot condo market, while upscale condo towers along Tempe Town Lake are making this once small college town a definitive locale for luxury high-rise living.

Scottsdale continues to be a much-sought-after area, particularly with such options as the Scottsdale Waterfront in Old Town and Kierland Commons in North Scottsdale. And Phoenix is experiencing resurgence, with a wide variety of options downtown along the Central Avenue corridor as well as developments in the upscale Biltmore area.

Land is becoming scarce thanks to the Valley’s continued growth over the years, and new home

developments are harder to come by. The market has answered back, however, and condos, townhomes, lofts and high-rises offer buyers a wide variety of lifestyle options. Find a dependable Realtor® who will help you compare the various choices, and consider the pros and cons of owning a condo before making your decision. View several homes and condos so you can compare the benefits and costs of each type of residence.

did you know? Tempe is one of the 100 Best Communities for Young People, according to the America’s Promise Alliance.

Just the Stats: Condos, High-Rises and Lofts (under $1 million)

City Avg. sales price List/sell ratio Avg. sq.ft Avg. sq.ft.

Biltmore $115,133 94% 1,204 $83.64

Chandler $89,667 95% 1,199 $70.82

Fountain Hills $169,771 92% 1,462 $111.00

Phoenix $68,170 95% 1,092 $58.48

Scottsdale $166,744 94% 1,274 $119.63

Valleywide $92,578 94% 1,165 $72.94

Sales reflect July 1 to Sept. 30, 2010, Arizona Regional Multiple List.



C o N d o s | P A R A D I S E V A L L E Y ~ N O R T H S C O T T S D A L E

SANDALO CONDOMINIUMS

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MLS # 4545932

SHORT-SALE Great location near Scottsdale/Shea. Gated community. Gorgeous two story with one bedroom on main flr and one upstairs. Kitchen w/stainless appliances & granite counters. 2 car garage.


GAYLE HENDERSON PC ABR CDPE CRS CIAS 602-850-4335 www.AzMovingPlan.com

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Valley

GUARD GATED COMMUNITY

MLS # 4489280

Toscana at Desert Ridge. Penthouse unit is elegantly appointed and highly upgraded. Within walking distance of Golf course, shops, restaurants & clubs. Easy access to 2 major Freeways & Airport.


OFFERED AT $225,000

MEHRAN PARSAI 480-980-2244 www.Parsai.com

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PHoeNix

LOS PASEOS TOWNHOME

- SHORT-SALE Location is a hallmark of this great townhome with 2 master suites and upstairs laundry. Main floor with slate like tile. Upgraded cabinets, blk appliances w/stainless refrigerator. 2 car garage.


GAYLE HENDERSON PC ABR CDPE CIAS CRS 602-850-4335 www.AZMovingPlan.com

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PHoeNix

RESORT STYLE LIVING!

MLS # 4500717

Amazing Views of Camelback Mountain & McDowell Mountains from Dual Wrap Around Balconies! The Marquessa offers Concierge Service & Elegant Community Amenities! Great Room Floor Plan. Light & Bright!


OFFERED AT $250,000

THE CALLAGHAN READY TEAM 602-478-4017 www.AzGreatHomes.com

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DC RANCH

MLS # 4531435

Upgraded view unit with stylish interior. Modern kitchen with cherry cabinets. Wine bar. 2 car garage with private stairwell up to unit. Fitness center, resort pool and spa, clubhouse and more.


OFFERED AT $250,000

THOMAS TISCHER CDPE CNE CRS SFR 480-231-0782 www.PVLuxuryHomeSearch.com

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TUCKED INTO ARCADIA

MLS # 4484619

Enchanting little community surrounded by lush estates. All inclusive HOA for $207/mo. (yes, even A/C!). All the units face the pool providing a nice social atmosphere. Don't miss the next BBQ!

1 bedroom / 1 bath

OFFERED AT $89,900

GAIL MARTIN 602-820-5594

PHoeNix

Scottsdale Featured Home

One of the best places to live in America, Scottsdale is home to some of the finest

homes, shopping, dining and recreation. It is known for its golf courses and its relaxed attitude, and its residents boast that it feels like being on vacation 365 days a year. Scottsdale Ranch is one of Arizona’s premiere master-planned communities, featuring a variety of upscale residential living options and a wealth of luxurious amenities. Convenient to all that Scottsdale has to offer, Scottsdale Ranch has it all, including Lake Serena, a five-mile-shoreline body of water that offers pure serenity to residents. Views of the McDowell Mountains and a very active community are what make this part of Arizona the place to be.

SCOTTSDALE

16 UNITS-ARCADIA AREA

Fifteen (1) bedroom units and one (2) bedroom unit. 2007 rebuild to the studs. Seller guaranteeing rents for 1 yr and will pay 1 year HOA dues for each unit. Each unit available separately. 4522217



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TucsonS o u t h e r n A r i z o n a M a r k e t

O ne of the fastest-growing urban areas in the United States, Tucson is enjoying a flourishing real

estate market. The area is known for its ideal weather — a sunny, dry climate that makes it very attractive not only for tourists but for people looking to settle. In fact, Tucson’s population is now pushing 1 million and it continues to grow.

Much of the city’s charm lies in its ability to mix the old with the new. While it’s becoming an increasingly progressive city, both its government and residents are still able to successfully preserve its Western history and at the same time protect its natural environment.

The boom in Tucson real estate started in 2004, when total sales volume of homes in the vicinity increased by a little more than 55 percent. In the same year, the number of residential units alone rose from around 960 in November to a whopping 1,200 only one month later.

In today’s market, prices in some areas of Tucson have actually risen slightly, having bottomed early with many investors defaulting from the boom of 2005. Now, multiple offers have been made on the foreclosure

did you know? Tucson is the oldest incorporated city in Arizona, having incorporated in 1877.

properties, particularly in such developments as Continental Ranch and Rita Ranch, popular areas for employees of nearby Raytheon and Davis Monthan Air Force Base.

So is it time to buy a home in the Tucson and surrounding areas of Oro Valley, Marana and Vail? Without a crystal ball, it is very difficult to predict whether Tucson actually is at the bottom of the market. There are many factors that affect different aspects of the market.

Sales of homes in the $100,000s and $200,000s has been strong in some parts of Tucson, due to a good amount of foreclosures and short sales in this price range.

The Tucson luxury home market has seen a decrease in pricing, as builders and homeowners reduced the asking price of their homes. This has resulted in some activity in the market. And the recent opening of the new Ritz-Carlton Resort in Marana has helped bring the luxury homebuyer to the Tucson and Marana real estate market.

Tucson real estate deals also close quicker than the national average. In fact, historical data has shown that

nearly 60 percent of homes in the Tucson area get sold within 30 days of listing. This is attributable to the fact that most Tucson homes are considered to be very good deals for buyers; the city is very livable and the Tucson economy has become conducive to young families, recent graduates and retirees.

Tucson Area2010 Statistics

Average Sales Price: $201,219

Median Sales Price: $160,000

Sales Price vs. Listing Price: 95.55%

Average Days on Market: 73

Information by the Tucson Association of REALTORS®.


More Movement in Tucson Real EstateBy J. Rentilly

did you know? Tucson was selected by Business Week magazine in 2010 as one of the Best Places to Raise Kids.

While real estate in Tucson, Arizona, can sometimes feel like a “best of times, worst of times” scenario, 2011 sees the market moving increasingly to improved conditions and optimistic forecasts, for both buyers and sellers. With interest rates at all-time lows, reports indicating that the market is in recovery both locally and nationwide, and experts emphatically stating that real estate continues to be one of the country’s most stable, lucrative investments, it’s clear the Arizona marketplace is in the early stages of a powerful rebound.

Though prices are somewhat lower in several Tucson neighborhoods, the good news for sellers is that more Tucson-area homes have sold in 2011’s first quarter than in all of 2010 combined. And they are selling much more quickly than in the past two years, remaining on the market for only about seven months, close to the national average.

Sellers are encouraged to be “increasingly realistic” in their pricing, remaining patient and also informed as

to circumstances that could temporarily affect the sale price of their property, such as a run of bank-owned or distressed homes in their neighborhood. For buyers, the timing could not be better. With prices down by as much as 20 percent from a year ago, more than 30 percent from the 2006 peak, and many sellers deeply motivated, a buyer’s purchase power is stronger than ever. Many experts believe the timing is perfect to view Tucson-area real estate as an investment, purchasing multiple properties, particularly those that can be held longer-term.

Some tips for those looking to enter Tucson from an investor’s perspective include: Go with your instincts over bank valuations or forecasts, calculate the cost per square-foot at open houses, figure how long you’re willing to hold the house (some forecast another moderate drop in prices before stabilizing at prices closer to 2006’s peak market) and consider neighborhood developments and new construction.

Tucson Area UtilitiesSouthwest Gas (520) 889-1888

Tucson Electric Power (520) 623-7711

Trico Electric (Marana & Outlying Areas of Tucson) (520) 744-2944

Tucson Water Department (520) 791-3242

Tucson Metro Water District (portions of Northwest Tucson) (520) 575-8100

Oro Valley Water and Sewer (520) 229-5000

Tucson Phone Service - Qwest (800) 475-7526

Comcast Digital Cable (520) 744-1900

Cox Communications (Cable) (520) 884-0133

Tucson Solid Waste Management Department (520) 791-3175

Waste Management (520) 744-2600

Money watch

Private Funding vs. Bank Funding

Over the past century, the vast majority of

residential real estate sales have been with bank or institutional loans — that is, an individual or family borrows a sum of money to purchase an existing property at its current estimated value, then repays that amount over a fixed period of time. The interest rate for the loan is either fixed at signing or may vary based on a number of market factors. More recently, private funding of single-family home purchases has become increasingly popular, and continues to be a go-to source of funding for real estate investors.

But what are the key components of these loans, or which type is best for you? Each option — a traditional lending institution, like a bank or credit union, or an alternative lender, like a private financier — comes with pros and cons. Ultimately, a buyer must consider his long-range plans (is this a home in which he’ll live for 30 years or, possibly, one of many properties that will be purchased for rapid resale or long-term investment?), closely study each option’s fine print, trust his instinct and, critically, be sure that he can afford the monthly payment.

Pros for Banks: Typically, banks offer the lowest mortgage rates on the market, and today’s interest rates are at all-time lows; traditional loan qualification guidelines lower a borrower’s risk of default; loans can be long-term, spread out over 20-30 years or more.

Cons for Banks: Bank loans have rigid down payment, income verification and credit score requirements; approval is often a lengthy process, sometimes 90-180 days or more; frequently, there are substantial pre-payment penalty fees.

Pros for Private Financing: With no set lending requirements, two parties can come to their own terms; funding can be secured extremely quickly, often in 30-90 days; the loan qualification process is often less complex and time-consuming; costs associated with preparing and closing these loans is often less costly than executing a bank loan.

Cons for Private Financing: These loans traditionally come with higher interest rates; many private loans are short-term, or shorter-term, than bank loans; these loans usually require some type of significant collateral, cross-collateralization, or exit strategy; in the long-run, these loans tend to be more expensive.

Bank loans, with their lower interest rates and longer payback periods, usually suit the first-time homebuyer best, while private funding frequently works better for real estate investors who may rehabilitate and flip multiple properties in a short period of time. Institutional or bank loans offer money only on a property’s current value, while private funding can be arranged to finance a property’s repairs and rehab toward achieving its optimal potential value. — J. Rentilly


Item No. 77943

Oro Valley / Tucson 11115 N. La Canada Dr., Suite 155

Oro Valley, AZ 85737Office 520-461-1255

Fax 520-461-1256Toll Free 800-944-3694

30 | PROPERTIES MAGAZINE | Spr ing | 2011 We’re a fair housing provider.

T u C s o N A R E A | T U C S O N

STARR PASS RESORT

MLS # 21103661

CUSTOM BUILT split level, split bedroom plan with gorgeous hardwood floors, big kitchen w/granite counters, dual fireplace between family room and formal living room. Formal dining. Awesome views of Catalina Mountains. Several Patios, fountain, 3 car garage. Near JW Marriott Resort & Spa. Sits on beautiful .65 acre lot.


OFFERED AT $450,000

DAN & PENNY GEBHART 520-977-7975 www.danandpennygebhart.com

GOLF COURSE HOME Situated on the 2nd Green of Starr Pass Golf Course, enjoy the fairway views in the daytime and the city lights at night on private cul-de-sac lot. Formal living room, family rm w/fireplace, Large open kitchen w/breakfast nook. 3 car garage.


OFFERED AT $275,000

DAN AND PENNY GEBHART 520-977-7975 www.danandpennygebhart.com

ORO VALLEY GOLF LOT

MLS # 21100803

NOT a short sale/REO just a FABULOUS BUY on Oro Valley CC .8 acre GOLF COURSE lot! Resort-like private backyard. Many updates. Custom tile BA's, Brazillian cherry & maple flrs, dream kit, skylights, remodeled master bath, Viga beamed tongue & groove ceiling, fireplace, split BR floor plan. Brick paver patio, SPARKLING POOL, GOLF course community. Upgraded appl. Possible SELLER FINANCING!


OFFERED AT $499,000

DICK & MISSY SURGES 520-219-3800 www.dicksurges.com

UNIQUE SANTA FE

MLS # 21031361

Beautifully unique multi-level Santa Fe style home. Concrete Acrylic flooring in entry, master, and bedroom wing. Stylish updated firepit. Rustic design, SW decorative appointments throughout. Mountain views are spectacular!


OFFERED AT $315,000

LAURA LOMAN 520-907-5406 www.lauraloman.com

2011 | Spr ing | PROPERTIES MAGAZINE | 31We’re a fair housing provider.

T u C s o N A R E A | T U C S O N

CRIMSONCANYONHOME.COM

MLS # 21034961

This exclusive hill-top estate is the toast of La Reserve, occupying .91 acres in guard-gated community with inviting endless scenic views, in all directions, pebble-tec pool & putting green.



DON & KATHY VALLEE 520-544-5555 www.ValleeGoldTeam.com

CASITADECOLORES.COM

MLS # 21101937

Own this exclusive "Casita De Colores" located on the 14th fairway of the Oro Valley Country Club Golf Course. Featured in October 2010 issue of Tucson Home & Garden Lifestyle magazine, professionally


OFFERED AT $429,000

DON & KATHY VALLEE 520-544-5555 www.ValleeGoldTeam.com

PRIVACY IN ORO VALLEY

MLS # 21037574

Catalina Mtn views from atop this Lg corner lot home. Scored concrete flooring, open kitchen w/granite, great room, library/work-out room off master. Private back yard w/pool, waterfall & built-in BBQ


OFFERED AT $479,900

CHIP ROCK 520-907-5642

SABINO SPRINGS Sharp 2 bedroom 2.5 bath home nestled on the 18th fairway of Arizona National Golf Club features an open floorplan, tile floors throughout, master suite w/ private luxury bath & privte pool/spa.


OFFERED AT $399,000

TOM SLOYAN 520-907-3690 TomsTucsonHomes.com

GATED DOVE MOUNTAIN

MLS # 21027970

The Preserve. Enjoy Match Play/Ritz Carlton just out your door. Entertainers dream with beautiful granite kitchen that opens up to your great room and patio with bbq and fire pit. Wood Floors 1964 SF

3 bedrooms / 2 baths

OFFERED AT $219,000

MARK & LUCY BARRAZA 520-909-7653 BuyandSellTucsonRealEstate.com

LA RESERVE This contemporary home nestled on a 1/4 acre in the prestigious gated community of La Reserve has been totally updated and sports awesome mountain views, new kitchen, new baths and slate floors too.


OFFERED AT $399,900


BEAUTIFUL KITCHEN

MLS # 21103533

You'll love the kitchen with granite counters, cherry cabinets, and stainless appliances. Great room living, professionally landscaped rear yard, covered patio. Neighborhood park. Move in ready!


OFFERED AT $215,900


GREAT RENTAL -

MLS # 21102866

SHORT-SALE Updated townhome w/tile floors throughout, newer kitchen/bath cabinets/counter tops & stove, no more popcorn ceilings. Chain link fenced back yard with cov patio. Near U of A & bike path. Easy to rent

Approx. 780 sq. ft. / 2 bedrooms / 1 bath

OFFERED AT $59,900


CENTRAL CHARMER This 3 bedroom 2 bath red brick charmer sports new stainmaster carpet in bedrooms & family room, updated bathrooms, newer AC/Gas Pack, covered patio overlooking large yard w/ fruit trees.


OFFERED AT $144,500


RE/MAX agents possess the skill and expertise it takes to make your real estate transaction a successful one, no matter what the market conditions may be.

RE/MAX Sales Associates average more experience than other real estate agents. And especially in today’s housing market, experience means everything.

So whether you’re buying or selling, RE/MAX can help you get the “Sold” sign you desire.

Nobody in the world sells more real estate than RE/MAX.

Visit remax.com to view more listings than ever before, and to connect with a RE/MAX professional in your area.

The Sign You Want.The Agent You Need.

Equal opportunity employers. ©2008 RE/MAX International, Inc. All rights reserved. Each RE/MAX® real estate office is independently owned and operated. 080129

8510 E. Shea Blvd. #100Scottsdale, AZ 85260Main: (480) 355-3500Toll Free: (888) 899-0496

10458 E. Jomax Rd. #100Scottsdale, AZ 85262Main: (480) 344-4400Toll Free: (800) 451-2811

21803 N. Scottsdale Rd. #100Scottsdale, AZ 85255Main: (480) 850-5000Toll Free: (800) 736-2974www.ExcaliburRealEstate.com

The Agent You Need AZ 9-08.indd 1 9/15/08 3:08:08 PM

A 24/7 Information Service that is designed to help you get:

Phoenix Area: (480) 374-1710Tucson Area: (520) 468-7009

INsTANT INFoRMATIoN On Any MLS Listed Property In The Valley.

INTRoduCING

Shea

8510 E. Shea Blvd. #100 Scottsdale, AZ 85260 Main: (480) 355-3500 Toll Free: (888) 899-0496

Troon

10458 E. Jomax Rd. #100 Scottsdale, AZ 85262 Main: (480) 344-4400 Toll Free: (800) 451-2811

Scottsdale Ridge

21803 N. Scottsdale Rd. #100 Scottsdale, AZ 85255 Main: (480) 850-5000 Toll Free: (800) 736-2974

Oro Valley / Tucson

11115 N. La Canada Dr, Suite 155 Oro Valley, AZ 85737 Office (520) 461-1255 Fax (520) 461-1256 Toll Free (800) 944-3694

Nobody in the world sells more real estate than RE/MAX.

www.ExcaliburRealEstate.com

4 ARIzoNA oFFICEs To sERvE you.

Call the number and enter the street number of the property. “It’s that simple!”

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RE/MAX Excalibur Properties Magazine - Spring 2010

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