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Luxury Outlook 2024

Jan 15, 2024

Sothebys Luxury Outlook 2024 Michelle Sarocka LUXRLT
Presented By Michelle Sarocka

I am pleased to introduce the Sotheby’s International Realty 2024 Luxury Outlook report, a comprehensive exploration into high-end real estate markets across the globe. Following several years of residential real estate frenzy, the report reveals buyers have begun to acclimate to a new world of higher interest rates, with high-end home seekers expanding their reach to more parts of the world. The report, explores trends shaping real estate investment decisions in the year ahead, from intergenerational transfer of wealth, to pinpointing parts of the world where tax incentives are increasingly enticing.

Through the 2024 Luxury Outlook report, our goal is to help you navigate this fast-moving and ever-changing real estate market. I hope that this compilation of research and industry perspectives, exclusively presented by Sotheby’s International Realty, helps you as you look to invest your equity wisely in the year ahead.
 
Key findings featured in the report include:
As always, I am here to answer any questions regarding the market locally or assist in connecting you with a Sotheby’s International Realty expert in another part of the country or world.  Search Luxury Real Estate in Scottsdale and Paradise Valley.
 
Read Report Here
 

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Scottsdale Ranked Best Golf City

Oct 11, 2023

Scottsdale Ranked Best Golf City

A new ranking of 200 cities by LawnStarter confirmed Scottsdale’s status among golf afficionados.

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“Scottsdale, Arizona is home to many prestigious luxury residential communities centered around golf. Perfect for golf afficionados looking for a primary or secondary home.”

New Home Construction in the Phoenix Metro Area.
Whisper Rock

Scottsdale is known for attracting golf enthusiasts and affluent homeowners. The communities offer private, members-only golf club with 18-hole championship courses. Most of the clubhouse amenities include dining, fitness center, tennis, pickle ball and basketball courts, and swimming pools.  Find out the Valley’s most challenging golf courses in 2023 and rankings here.  

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The Market: Mid-Year Update 2023

Aug 4, 2023

The Market: Mid-Year Update 2023

Housing Market Update for Phoenix and neighboring communities including Scottsdale, Paradise Valley, Arcadia and Gilbert.
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“Home sale prices steadily increased in 2023 following monthly declines during the second half of 2022.”

Sales of existing homes in the Phoenix Metropolitan Area increased in the 2nd quarter over 1Q23 even as the housing market continues to undergo an adjustment due to rising interest rates.

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Valley of the Sun Relocation Guide

Mar 26, 2023

The Valley of the Sun Relocation Guide is designed to provide a wealth of information to those new to the Phoenix area.  As excited as you may be moving to the valley, it may still be a challenge to move in to a new community.  This guide contains information and relocation tips to help smooth your adjustment into Arizona and learn about all the resources and activities available in your new home.  You can also learn about what each wonderful city has to offer, business, education, healthcare, leisure and recreation, sports and athletics, shopping, dining and entertainment.  Click here to view the online guide.

Welcome to the Valley of the Sun!

Buyers Around the Globe Expand Their Search for Luxury Properties

Feb 15, 2023

In luxury markets across the globe, buyers are taking a closer look at slightly more out-of-the-way destinations that may offer a bit more value, after a booming real estate market saw prices skyrocket.  Two high-demand luxury destinations are Scottsdale and Paradise Valley near Phoenix, Arizona.  Buyers are moving to these two cities for the lifestyle and jobs are following.
 
 
This section of  the 2023 Luxury Outlook report, explores some of the destinations experiencing growth as a result of Buyers changing needs including Scottsdale and Paradise Valley.  I hope that this compilation of research and industry perspectives, exclusively presented by Sotheby’s International Realty, helps you as you look to invest you equity wisely in the year ahead.
 
 
As always, I am here to answer any questions regarding the market locally or assist in connecting you with a Sotheby’s International Realty expert in another part of the country or world.  Search Luxury Real Estate in Scottsdale and Paradise Valley.
 
Read Report Here
 

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Luxury Outlook 2023

Jan 11, 2023

I am pleased to introduce the Sotheby’s International Realty 2023 Luxury Outlook report, which outlines the industry trends and happenings across high-end residential markets around the world. In 2022, we saw mortgage rates soar after two years of historic lows, fueling a “lock-in” effect that strained an already tight market as homeowners continued to spend more time at home than ever before. In this report, we highlight the trends that you can expect in the year ahead, from the projected flow of global wealth into the real estate market to luxury real estate in the metaverse.
 
 
Through the 2023 Luxury Outlook report, our goal is to help you navigate this fast-moving and ever-changing real estate market. I hope that this compilation of research and industry perspectives, exclusively presented by Sotheby’s International Realty, helps you as you look to invest you equity wisely in the year ahead.
 
 
Here is a snapshot of takeaways from the report:

 

 
As always, I am here to answer any questions regarding the market locally or assist in connecting you with a Sotheby’s International Realty expert in another part of the country or world.  Search Luxury Real Estate in Scottsdale and Paradise Valley.
 
Read Report Here
 

QUESTIONS?

11 + 1 =