Luxury Homes Weekly 360th Edition - May 20, 2017 |
| | Over the years, I've noted in this newsletter that Zillow's valuations are wildly inaccurate - many cities with median error rates of 15-20%.
Well, those inaccuracies are now going to be at the center of litigation. An angry homeowner contends she can't sell her home for what it's worth because of an egregious error.
Zillow is the author of its own misfortune here. It's bad enough that the numbers are inaccurate, but to not correct the error, or remove the house from their system... Not very friendly.
Hopefully this lawsuit, or others like it in the future, will spur Zillow to either improve its accuracy, or give homeowners the ability to opt out.
Would you like an accurate, custom valuation of your home? It's easy: reply back to this email with your address and we'll get started. |
| | | The CEO of one of the largest real estate firms in the US was quoted as "freaking out" about the low inventory situation throughout the country.
Readers of this newsletter won't be surprised, we've been talking about the housing shortage for years. It's not going to get any better anytime soon, with construction far behind demand -- and tons of 20 and 30 something people dying to move out of their parents homes.
According to CNBC, 25% of homes around the country sold above list price in April. Phoenix isn't seeing that type of competition, yet. But don't be surprised if we see it here in the coming year, for the most in demand price points. |
| | OFF MLS -- Build your dream house on the best lot in Paradise Valley under $1 million.Hillside with spectacular Camelback Mountain views.
Unlike most hillside properties with dramatic views, this one will NOT require expensive site preparation. And the owner has soil study, site survey, and architectural plans for a soft contemporary home.
So, not only are you getting a great price, you can actually finish your new home a lot faster than on a lot where you're starting from scratch.
If you are interested, please reply to this email with the best phone number to reach you today.
Would you like to be notified immediately about off MLS listings? Click here |
| | Best Homes on Market
The best of the best in their respective categories, selected for quality and/or value.
Paradise Valley Farmhouse chic located in prime area south of Doubletree. 5,300 square foot home built in 2012 includes reclaimed farmhouse wood floors, a bright open kitchen, a spacious yard and large pool. Offered at just under $2.8 million
Arcadia/Biltmore This is about as authentic as an Arcadia ranch style home can be. Very warm and inviting, a real home and not just a house. Sits on a large corner lot, and is ideal for entertaining. Offered at $1.6 million.
--> Click Here for Pictures or to Schedule a Showing
Scottsdale Farmhouse must be the word of the week, here's another offering that style in Silverleaf. Just under 5,000 square feet, this home was finished to a high standard. It sits on approximately ¼ acre, ideal for seasonal residents and others who don't want a lot of maintenance. Offered at just under $2.6 million.
Deal of the Week Bank foreclosure in Estancia. 3 bedrooms (all en suite) plus office aggressively priced under $270 per square foot. Bank wants it sold, listed at under $1.2 million. |
| | Active Buyer Needs
Perhaps you've been thinking of selling your home, or know someone who is?
My clients are actively looking right now: - Hillside Contemporary Home with guest quarters in Paradise Valley or Biltmore. City views, high level of finish, and preferably in gated community or privately gated property - up to $4 million.
- Move-in ready Paradise Valley home under $1.6 million. Views would be preferred, willing to do very minor remodeling but nothing major.
- Teardown or remodel in Paradise Valley, lush mature landscaping is top priority, under $1 million.
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 bookmark these pages and return at any time to see the very latest listings. |
| | Thank you 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
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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) 2017 Alex Goldstein PLLC
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