Phoenix AZ Urban

Also known as the X Wine Lofts in Scottsdale, this project was 95% completed when they went bankrupt in the Real Estate boom.  These are great units that many people have called me about over the last year or two.  Unfortunately, they have not been for sale.  They should be going up for sale soon and I should be getting more information about them when they do.  Keep an eye on this blog and website and I’ll let you know when it’s time to buy and what prices they will have.  AZNativeProperties specializes in the Urban Condo market through RooPho Realty.

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.

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.

Some think the recession is over in AZ.  Maybe it is.  It may not feel like it to many though.  We probably still have a long recovery to go through so hang in there.  There are some good buys out there if you do have a stable job and want to move into Mid-Town Phoenix.  The Pierre is a great place and really well priced at $120k for a 2 bedroom and 2 bath.  Built in 1961 and wonderfully remodeled to today’s standards with granite counter tops and beautiful backsplashes in the kitchens and tile floors in all the right places.

I’ve seen some activity at Chateaux on Central lately.  Just minor landscaping but it’s a start.  These are truly luxury condos, each 5 stories and their own private elevator.  Most have roof top terraces for great views on cool winter evenings.  You can also put your own private spa on the roof top terrace, how nice would that be.  Most of these are designed to be Live/Work and the office space would be the first floor.  I know in my Live/Work, I really enjoy not only having my home and office connected but having the kitchen and living room on the second floor where the views are is very nice.  Why should the views be from the bedroom room where I sleep all night?  It’s great to have the views in the living room where I can enjoy them all evening.

Another great condo that is on the market is a one bedroom at Tapestry on Central.  Tapestry is located right on Central Avenue in front of the Encanto Light Rail Stop.  You do better than that.  Just outside the front of the complex and you’ll be in the Light Rail in minutes and then, downtown Phoenix or Tempe for a fun filled afternoon or evening.

Check out all the Urban Properties at www.AZNativeProperties.com and call me to help you find the right place for you.

As you may know, I live and work in a condo on Roosevelt and 7th Street in Artisan Village.  It’s a very cool place to live and it’s great having a business and your home in the

same place.  Well, now there is a very nice unit just like mine that’s for sale on a short sale.  It has been upgraded very nicely and would be a great place to live and have a small business in the storefront.

The office space is great for a small business that only needs about 300 to 400 square feet or you can use the whole first floor for commercial and then use the upstairs as a home.  There is only 1 bedroom and that is located on the first floor but modifications are easy and the unit is move in ready.

The office has stained concrete floors and would make a great Insurance office, retail store, art gallery and yes, even a nice real estate office.

The residential portion was nicely done with upgraded wood floors, appliances and cabinets.  My property has certainly made a nice office and home for me and it can do the same for many people.

If you’d like to tour the property give me call.  Here is the complete MLS Listing for you to review.