Phoenix real estate has picked up a bit in the commercial area, that’s a good thing. If businesses are picking up and adding space, buying or leasing bigger spaces, then hopefully that leads to more jobs and people being able to take advantage of the low home values and the low interest rates. As tough as this economy is there are great deals out there for homes, the biggest problem is the people that want to buy can’t because they don’t have a job or they are getting less hours at work. This will turn around, it always does, but don’t expect it to turn on a dime or to explode again next year. We aren’t going to see that for years to come. However, the Phoenix condo market in Downtown and Mid-town has really held it’s own in 2010. I can see that prices have not only leveled out but gone up, if only by a percent and that’s a whole lot better than going down by a percent. RooPho Realty prides itself in staying on top of the condo market and really understanding not just the values but the communities themselves. We’ve sold dozens of properties in some of the same communities and know board members in many of these communities so we have our ear to the ground and are able to better advise you on the property and the value. Give us a call and let Chris Campbell show you the best properties in the valley.
October 20, 2010
October 10, 2010
Optima Camelview Scottsdale
It should come at no surprise that Optima Camelview is holding it’s own in this recession. Perfect location and design is the best way to sum it up. They are located just north of Scottsdale Fashion Square which is one of the best shopping malls in the valley, not to mention dozens of great restaurants and all within a few blocks so you don’t have to drive.
As for the design, the beautiful green terraces throughout gives each condo a wonderful view interior or exterior and you can have your own garden area with your condo. It’s really a wonderful community and to top it all off, the values have gone down a bit but maintained better then most communities condo or single family home and they are starting on Phase 3. Not too many developers are continuing extra phases since the collapse of the real estate market.
Check out RooPho Realty’s website for all the latest information on all the Urban Condo projects throughout the valley. We pride ourselves in knowing what’s happening in the condo market all over the valley. When buying a condo, there are so many more things to think about then when buying a single family home. What condition is the HOA in for one? Is the HOA going to have a special assessment any time soon, just to name a few.