The luxury real estate market in Greater Phoenix has been booming this year thanks to its attractive combination of economic growth, scenic landscapes, and affordable living. But what are the prospects for the last quarter of 2023? In this article, we will talk about the forecast, current trends, challenges, and opportunities for high-end buyers in Greater Phoenix in the next couple of months. Greater Phoenix Luxury Real Estate Forecast for Q4 So far, the luxury real estate market has been strong for 2023, due largely to the demand from high-income buyers both nationally and internationally lo ..read more

Greater Phoenix is one of the fastest-growing areas in the country right now because of its strong local economy, beautiful desert views, and low cost of living. As such, the luxury real estate market has been strong. What will the luxury housing market look like this quarter? Let’s get an overview of the forecast, current trends, challenges, and opportunities for affluent buyers and sellers in Greater Phoenix to find out what to expect in the third quarter of 2023. Greater Phoenix Luxury Real Estate Forecast for Q3 The Arizona luxury real estate market has been booming in 2023, largely becaus ..read more

With its year-round sunshine, lower cost of living, and breathtaking desert landscapes, Arizona continues to be a fan favorite when it comes to real estate. In fact, as the 14th most populous state, it has added more than 860,000 new residents in the past decade. Whether you are already a resident of the Grand Canyon State or are considering moving into this beautiful state, it’s important to understand the Arizona housing market. So let’s take a look at economic factors, trends, and regional indicators to determine where the Arizona real estate market is likely heading for quarter two and bey ..read more

If you have been following the real estate trends in the United States these past couple of years, you know that it has been quite the roller coaster ride. There was a seemingly insatiable demand for housing in 2021. This was fueled by a low supply of homes for sale, a growing number of 25-40 year olds (the typical home buying population), low interest rates, and a healthy economy. That demand spilled over into the first part of 2022. But then interest rates skyrocketed, home prices continued to rise, and inflation continued to wreak havoc on the pocketbooks of many Americans. Something had to ..read more

Recently Luxury realtor Thomas Osterman was named by Clear Title Agency of Arizona as one of the top agents in Arizona for the 1st quarter of 2022. The designation highlights some of his most recent accomplishments. These include: Top 1% in sales out of 63,000+ agents in Arizona Four units sold during the first quarter $7,470,000 in total sales The real estate transactions in the first quarter of this year included two where Thomas served as the buyer’s agent, one where he represented the seller, and a fourth property where he worked with both the buyer and seller. One transaction was a luxu ..read more

Money.com recently ranked Scottsdale, Arizona, ninth of the 50 best places in the United States to live. Why? With its beautiful weather, abundant outdoor activities, great amenities, strong housing market, and more, what’s not to love? If you are looking to buy a luxury home in Scottsdale, AZ, you may be wondering if it is a good place to invest your hard-earned money. Read on to learn answers to some of the most popular questions about Scottsdale real estate so you can make an informed decision on your next home purchase. What Makes Scottsdale, Arizona, a Great Place to Live? As mentioned ab ..read more

Are you considering moving to an upscale neighborhood in the greater Phoenix area? If so, you’ve likely already heard about Paradise Valley and Arcadia, AZ. While they are both great places to live, they are very distinct from one another. Read on for a luxury neighborhood comparison of Arcadia and Paradise Valley, AZ, to help you decide which is right for you. What Is Paradise Valley, Arizona, Like? As Phoenix’s wealthiest suburb, Paradise Valley is conveniently located northeast of downtown Phoenix and just west of Scottsdale. Consistently ranked as one of the top fifty wealthiest communitie ..read more

Beds: 4, Baths: 4, Sqft:3,536 4628 E Crystal Ln Paradise Valley, AZ 85253 $2,660,000 • 3,536 SF • 4 beds • 4 baths The post $2,660,000 appeared first on Thomas Osterman - Realtor ..read more

Scottsdale, Arizona, is a city located just east of Phoenix, the state capital. The city is well known for its amazing golf courses, stunning desertscape and mountain views, and high-end homes. This is especially true of exclusive North Scottsdale, where it isn’t uncommon to find luxury homes with casitas, which are small guest houses or similar structures located on the property. Of course, small is a relative term as some of these guest houses are larger than the average home in central Phoenix. These casitas can be used for a variety of purposes, such as a guest house, office, or studio. Th ..read more

The high-end real estate market in Phoenix is booming, and Biltmore, Arizona, luxury real estate is no exception. The Biltmore neighborhood is seeing a lot of action, with prices for homes skyrocketing. Many people are attributing this to the strong local economy and the increasing number of people moving to Phoenix from out of state as a part of the Sun Belt Surge. The Biltmore area is known for its luxurious homes and amenities. There are prestigious golf courses, restaurants, and shops in the area, in addition to plenty of parks and walking trails. The homes in this area are typically large ..read more