Luxury Homes Weekly 337th Edition - Dec 10, 2016 |
| Yale professor Robert Shiller, who famously predicted the last housing crisis is singing a different tune these days. Given the supply/demand imbalance, and the very real risk of rising interest rates, Shiller says now is a good time to invest in real estate.
On a related note, the latest apartment vacancy rates surprised analysts. The thinking had been that too many new apartments were being built, and there wouldn't be enough demand to keep up with supply. However, vacancy rates are at 4.4%, lower than most had predicted, showing continuing strong demand for housing.
The only segment that is weakening appreciably is luxury apartments in the hottest markets. With many people spending over 50% of their income to live in San Francisco and New York, a pullback was overdue. |
| | Best Homes on Market
The best of the best in their respective categories, selected for quality and/or value.
These homes are the most likely they to sell quickly, so if there's one of interest please don't wait to contact me.
Paradise Valley Exceptional contemporary home perfect for seasonal visitors who want a "lock and leave" home of high quality that's not too large.
Arcadia/Biltmore
Scottsdale
Deal of the Week |
| | Active Buyer Needs
Perhaps you've been thinking of selling your home, or know someone who is?
Let's connect eager buyers to homes that aren't on the market. Here's what some of my clients are looking for right now:
- Hillside home with views, must be single level. Not too big, 3500-4500 square feet would be ideal. Flexible on location.
- Quality 4+ bedroom home in Paradise Valley priced to sell. Light remodeling is ok but nothing in need of a huge remodel. Flexible on style, just something cozy with a good layout under $1.5 million.
- Authentic Spanish/Moroccan custom build in Paradise Valley 5+ bedrooms under $2.5 million. Quality interior finishes are critical, nothing that looks remotely "spec grade."
If you know of anything, please reply to this email or call my direct line at (480) 442-7325.
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There are many thousands of listings on LuxeAZ.com. To help you find what you're looking for quickly: Please note that listings are sorted from newest to oldest. So you may view these pages at any time to see the latest listings in these categories. |
| | Commercial & Investment Properties
My approach is radically different than many of the large commercial real estate brokerages. I've helped clients find buildings for their businesses, commercial properties for 1031 exchanges, and more.
If you're looking for service that is custom-tailored instead of "cookie cutter" please give me a call at (480) 442-7325. |
| | Thanks for reading this newsletter. Your comments and suggestions are always appreciated, and will be used to improve future editions.
I'll be back in next week with all the latest news and analysis.
Sincerely,
Alex Goldstein
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| Not "just" a top agent, Alex has also acted as principal in over $50 million of real estate transactions - office buildings, custom homes, and hundreds of acres of land. He has also passed the Series 7 securities and life insurance exams, offering his clients a unique perspective to put real estate in a broader context.
Alex is an honors graduate of Northwestern University, and was also a visiting scholar at Oxford University. Food and wine are his life-long passions, serving on the boards of the International Wine & Food Society and La Confrérie des Chevaliers du Tastevin. Alex resides in Scottsdale with his fiance Tess and their dog Cohiba.
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| | The bestselling book about real estate that's gotten rave reviews from readers all across the country. Topics include:- Selling your home for top dollar
- Demystifying housing statistics
- Critical elements of successful negotiating
- Closing and escrow explained in Plain English
- Financing, with or without a bank
Would you like a paperback copy with my compliments? Just reply to this email with your address and phone number. If you prefer Kindle, you may download from Amazon here. |
| | | A frank examination of real estate and business by Alex Goldstein and Brian Tracy.
Negotiating in good and bad markets, insider secrets from the real estate industry, and much more.
Would you like a paperback copy with my compliments?
Just reply to this email with your address and phone number.
If you prefer Kindle, you may download from Amazon here.
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Disclaimer: All information is believed to be accurate, but should be verified by the reader and is provided without warranty. Please consult appropriate financial, tax, legal, and real estate advisors before making decisions. This email is not intended to solicit people who are represented by another agent.
(c) 2016 Alex Goldstein PLLC
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