Diane Ryan, Fox10's veteran reporter and home expert, traveled through the two security gates to showcase this home recently, listed for $ 3.49 million, complete with 13 acres. The residence has an interesting story. The original owner of the home was a top CEO for a major US electrical company. He owned large portions of land on the slopes of Black Mountain, and found a promontory above the old site of the Mormon Girl mine that afforded unobstructed views to the East and West, and direct panoramas of the night lights of Phoenix. This is where he constructed his home.
Although the residence was a Santa Barbara style, the current owners spent about $600,000 on a contemporary remake, with large view windows. See more about this home at:
This Black Mountain home is so high that some of the listing photographs for the MLS were even taken by airplane!
(photo below) Host Diane Ryan talks with Preston Westmoreland on the balcony of this view home for the "Cool House" edition.
|Maricopa County Active Listings- 13,484|
|County Listings in June 2012- 13,650|
|Carefree Active Homes Listed- 77|
|Carefree Active listed in June 2012 91
Carefree Distressed homes- 5
Carefree Homes Under Contract- 8
Carefree Homes sold last 30 days- 9
Cave Creek Active Homes Listed- 139
|Cave Creek Homes Under Contract- 127|
|Cave Creek Bank-owned Homes-
Cave Creek homes sold last 30 days- 66
|Scottsdale Active Homes- 1283|
|Scottsdale Homes Under Contract-
Scottsdale Distressed Homes- 118
Scottsdale Homes sold last 30 days- 460
|Paradise Valley Active Listings- 228|
|PV Homes Under Contract- 58|
|Paradise Valley Distressed Homes- 9|
|PV Homes sold last 30 days-
Top Home Sale in the Valley
last 6 months-5636 E. Mockingbird Ln, Paradise Valley, for $10.5 million
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This months pic:
The award-winning design of the Carefree Fire Station, with large sloping roofline. Always great to see.
Carefree (PW)-Can a town have a bit of an identity crisis? It appears that in Carefree you can. Nobody can seem to agree on what the best signage is, for drawing tourists and visitors to the downtown shopping area. First we had the massive "10 commandments-style sandstone tablets, one of which remains at the entrance to Carefree. (we actually liked those the most)
Then, many of the sandstone monoliths were removed and replaced by heavy metal rusted iron signs in the shape of Carefree's main attraction, the Sundial. These signs remain.
But wait...before long, in an attempt to help draw buyers to specific stores, came the "P.T. Barnum" circus signs, so-called because of their bright colors, and ever-changing placards with restaurants and store names on them. Often the brunt of jokes in the local newspaper, many claimed the garish signs not only didn't fit the Carefree image, but were distracting when placed by the traffic circles.
Now, new, more tasteful signs are beginning to appear. According to the Sonoran Newspaper, one city councilman has authorized a "sign test" of the new, more tasteful displays. The Sonoran News says "One citizen said it appears Carefree has an identity crisis and asked what council planned to do if citizens didn’t like the test sign, because council didn’t appear to have a back-up plan. Councilman Miller balked at putting up a test sign and doing a survey, stating they were elected by the citizens to make these decisions and said, “We’re going from big circus signs to very smaller classy signs.” (photo below)
Phoenix topped real-estate portal and online valuation service Zillow's list of metro areas expected to achieve growth in home values in 2013 in a report issued in April.
According to Zillow, the Phoenix area is expected to experience a 6.5 percent increase in median home price in 2013 compared with the current year.
The first runner-up was Miami-Fort Lauderdale with an expected median-price increase of 5.6 percent, followed by Tampa with an expected 2.5 percent increase.
According to Zillow, the predictions are based on data from past home-value trends and current market conditions, including leading indicators such as home sales, monthly housing-inventory supply and jobless rate.
An Arizona State University report issued Thursday said the Phoenix area's median single-family-home price was up more than 20 percent in March compared with a year earlier.
The number of foreclosures completed in March was down a whopping 60 percent from March 2011, according to ASU real-estate analyst Mike Orr, who wrote the report.
Orr said new-home sales were up 35 percent in the Phoenix area for the same time period.
Of the 30 major metropolitan areas included in the Zillow forecast, 16 markets were expected to see median home-price increases, while 14 markets were expected to see price declines in 2013.
At the bottom of the list was Atlanta with an expected decrease of 4.1 percent, followed by Chicago with an expected 3.8 percent decrease.