Maricopa County Real Estate Report

The Maricopa County Market closed 6,237 homes in December a slight increase. REO properties closed were 760 at 12% and Short Sales closed 1,633 are at 26% with 3,845 being normal at 62%. Pending Inventory has 1,163 REO’s at 11% and 4,035 Normal at 37% and the slowly dwindling 5,751 Short Sales at 53%. That’s another 1,000 less than last month! YEAH! Active inventory decreased to 13,852 listings with 1,241 REO’S at 9% and 930 short sales at 7% and 11,682 normal listings at 84%.

Scottsdale Foreclosures Market Update

Scottsdale Foreclosures Market Update

Scottsdale Foreclosures

 

Here is the Foreclosure Data through the end of May 2012.

Here is the Take Away!

1. Active Notices of trustee sale for residential properties as of the end of May'12 were 17,439 units. Down from last month of 17,768.  Down from the all time high of December '09 of 47,606.

2.  Residential Foreclosures were at there all time high in March 2010 at 5,451. Residential foreclosures were 2001 last month. This was up by 356 units from April.

3. The residential REO properties are sitting at 6,169 vs. last month of 6,711. Down 542 units from last month! May of 2011 there were 18,451 REO properties, down 67%! Listed REO properties are approximately 1247 units and pending are 1811. That tells us that there is approximately 3111 properties that are foreclosed but not yet on the market.

4. Normal Sales is at the highest point in the last 5 years. They represent 57% of total sales!

 

Scottsdale Foreclosures Market Update

Scottsdale Listings

http://www.youtube.com/watch?v=elUCjiLTlzg

Scottsdale Real Estate Statistics for Mid-March

 

Here is the Market Update through March 18th 2012 . Please note that the Valley Wide graph represents all of the MLS. The table below that graph just represents recordings for new and re-sales for Maricopa County.

Total active listings have dropped by 552 units over the beginning of last month. As of March 18th, we sit at 22,972 Actives for Single Family Homes and Condos. Sales are at 7447 for the last 30 days (as of March 18th), down by 1622 units from one month ago!  We are currently sitting at a 3.1 months of supply. Pending sales are up from the month before as of March 18th, 12,433 vs one month ago at 11,743 up 6%. If you subtract out the AWC Contracts we are at approx. 1.9 months of supply. Traditionally,  3-4 months of supply indicate a balanced market.  Now is the time to take listings!

Distressed Market Pie Chart: This chart shows you the percentage of distressed properties that are being listed and sold. Short Sales represent 26% of the Closings for the last month, and 36% of the active listings for a 4.0 Months of Supply. If you take the AWC's out we drop down to .7 months of supply! Distressed Sales (Short Sales and REOs combined) accounted for 47% of the total sales for in the last month. REO property sales equal to 21% of the sales for the last month.  The listing success rate for Short Sales is 68.8% ! Don't avoid these listings! They are closing with greater success rate!

Closings: There were 7293 closings in February 2012 vs. 6373 closings in January 2012. This is a 18% decrease. There were 6520 closings last year in February . This is a 3% increase. For the Year 2011 there was 12% increase over 2011 in units.  (Maricopa county new construction and re-sales).

 

Scottsdale Real Estate

Scottsdale Real Estate February Stats

Scottsdale Real Estate

Scottsdale Real Estate Stats for February

 

Total active listings have dropped by 552 units over the beginning of last month. As of February 13th, we sit at 24,804 Actives for Single Family Homes and Condos. Sales are at 6804 for the last 30 days (as of February 13th), down by 356 units from December 2011.  We are currently sitting at a 3.7 months of supply. Pending sales are up from the month before as of February 13th, 11,634 vs one month ago at 9,993 up 16%. If you subtract out the AWCContracts (which are included in Actives in the Cromford Report), we are at approx. 2.5 months of supply. Traditionally, 3-4 months of supply indicate a balanced market.  Now is the time to take listings!

Distressed Market: Short Sales represent 29% of the Closings for January, (compared to 32% in December) and 34% of the active Listings for a 4.5 Months of Supply. Distressed Sales (Short Sales and REOs combined) accounted for 56% of the total sales for January. REO property sales equal to 27% of the sales for the last month.  The listing success rate for Short Sales is 56.0%

Closings: There were 6374 closings in January 2012 vs. 7801 closings in December 2011. This is a 18% decrease. I am sure this was a function of the holidays. There were 6165 closings last year in December. This is a 3% increase. For the Year 2011 there was 9% increase over 2010 in units.  (Maricopa county new construction and re-sales).

Reality Check: The Median Sold Price for Maricopa County for January 2012 was $128,250   In January 2007, the Median Sold Price was $261,090! In January 2001, the Median Sold Price was $135,000.

Luxury: The Luxury Market of $1.0 Million and above continues to be the lowest absorption rate of any market segment. There was a 5% absorption rate for the month of January. Only 55 properties in all of the MLS were sold for more than $1.0 million.

 

Housing market has bottomed

 

Homebuilder Confidence Returns To Pre-Recession Levels

The housing economy is mending. The combination of low mortgage rates, low down payment programs, and pent-up demand for homes has buyers out shopping in droves. Demand for new home construction has climbed sharply.

Markets like Washington, D.C. suburb Loudoun County (Virginia) and Bucks County, Pennsylvania mirror other big markets -- new construction is in demand.

It's not surprisingly, therefore, that for the sixth straight month, the National Association of Homebuilders reports homebuilder confidence is on the rise. The Housing Market Index climbed four points to 29 in February; the index's highest rating since May 2007.

The Housing Market Index is now up 8 points since December, its strongest two-month run since June 2003, the month that sparked a 4-year bull market in housing, stocks and commodities.

We're at a similar inflexion point now.

 

Builders: "Foot Traffic Has Doubled Since September"

There's a lot of evidence that the housing market is mending. Existing home sales are up. More homes are under contract. Things even "feel different" -- just ask a friend who's shopped for a home this year. You'll hear stories of competing offers and "great homes" that sold in a week.

You didn't hear that stuff six months ago and it's this particular zeitgeist that the National Association of Homebuilders' Housing Market Index attempts to measure.

In its simple, 3-question survey, the NAHB ask its members about their respective businesses, and what they seeing "on the street". The NAHB then compiles those answers into a weighted survey result called the Housing Market Index.

The Housing Market Index questions are :
How are market conditions for the sale of new homes today?
How are market conditions for the sale of new homes in 6 months?
How is prospective buyer foot traffic?

In February, the nation's builders reported improvement in all three areas. Current home sales climbed 5 points from the month prior; sales expectations for the next 6 months climbed 5 points from the month prior; and buyer foot traffic moved higher again, marking 6 straight months of improvement.

There are now twice as many buyers touring models as there was in September 2011. Clearly, interest in new homes is rising.

 

Demand for Homes Rising, Inventory Shrinking

The housing market is in an interesting place. The economy is clearly heating up, led by jobs and consumer spending. Meanwhile, there's still stimulus still working its way through the market.

Home prices remain low and so do mortgage rates. Home affordability has never been better. As a result, in many U.S. housing markets, today's buyers have a ground-floor opportunity to buy a home. Lock a long-term rate on an inexpensive home -- it's the ultimate "Buy Low" scenario.

It can't last, of course. And it won't. Builders see what's coming and they're confident for 2012. To buyers it means higher prices, fewer concessions and a tight negotiation. Your best "deals" of the year may be the ones you buy now. In 60 days, it may be too late.

 

Scottsdale Real Estate Deal of the Week

Click here for the You Tube Video

Homes Scottsdale Numbers for January

 

Here are the numbers for January!

Total sales in January for Maricopa County were 6,300 which was comprised of 2681 normal transactions which represent 43% of the market. Short Sales were 1853 which represent 29% of the market and REO sales were 1,767 which comprised 28% of the market. Pending sales are at a whopping 16,716 and is made up of 2,297REO at 14% and 10,159 Short sales which is 60% and 4,262 Normal at 26%. Inventory is made up of 14,484 listings which is comprised of 1,454 REOlistings which is only 10% and 1,864 Short Sale listings which is only 13% and 11,166 normal listings which is 77%.

 

Homes Scottsdale Deal of the Week

Bulk REO Sale 67 Units at 35th Ave and Dunlap

http://www.youtube.com/watch?v=M6_hbjzpSME

Where is all the Shadow Inventory the Banks are Suppose to be Hoarding?

Homes in Scottsdale Market Report

Short Sales Homes Scottsdale Advantages and Disadvantages

2. Most properties have the homeowner still living in the home, so it's being
maintained.

3. Investors DO NOT like to wait 2-3 months to close so you are NOT competing with them. THIS IS THE #1 REASON MY BUYERS ARE WILLING TO LOOK AT SHORT SALE PROPERTIES!

Disadvantages:

1. Close of escrow takes A MINIMUM 2-3 months.
PATIENCE IS THE KEY!

2. Sometimes the investor will ask the seller to sign a promissory note, or add cash to close, especially if there is a 2nd note. If the seller is unwilling or unable to come up with additional cash at close the short sale is cancelled and you just waited 180 days MINIMUM for nothing.

3. You CANNOT PICK your close of escrow, so you will be in limbo till you get an approval notice from the bank. Once you get the approval notice, you have 30
days to close.

4. Your escrow money will be tied up for 180 days while you wait for the process to go through the steps. Patience is the key. If you are NOT willing to wait, please don't buy a short sale!

5. You cannot go buy another home (unless you want to lose your escrow money) for 90 days.

6. You must close 30 DAYS AFTER the approval notice is issued, not 29 and not 31 days.

7. The property may RUN OUT OF TIME for the short sale and actually go to auction while you are waiting for an approval from the bank.

8. If the homeowner still lives in the home, you may have to hire a lawyer to get them out of your home after close of escrow if they refuse to leave.

9. You cannot do an inspection till you get the approval notice, so you are waiting 90-180 days and really don't know if the property will even pass the home inspection.

10. The seller will make no repairs to the property since they are doing a short sale because they have run out of money, given up the home, and can no longer afford to live there.

With the disadvantages outweighing the advantages 5:1 Why would anyone do a short sale?

Short salesare typically done when the home is spectacular, or you are competing withinvestors and there is a very LIMITED supply of homes, there is simply nothingelse available, and you are willing to wait. It's really a gamble. It MAY turnout to be a fantastic deal, or a total waste of your time. Short sales are NOT
the place to make low ball offers, that's REOS.

Half theshort sales don't close for whatever reason so you must keep that in mind ifyou are going to write an offer on a short sale. You have a 50/50 chance of actually closing on your short sale offer.

Terry S. Smith grew up in Scottsdale and has lived in Arizona
for 45 years. He has been in real estate for 11 years and is currently Broker
Associate for DPR in Scottsdale, Arizona. Contact him by e-mail or phone.
ScottsdaleForeclosures@Gmail.com or direct at (602) 763-1858.

 

Buyer tips for people looking at short sales

Where are all the Bank Owned Properties?

First real estate scam of the year

Running of the Bulls coming to Cave Creek October 15, 2011

McDowell Mountain Ranch, McDowell Mountain, Desert Canyon Elementary, Desert Canyon Middle School,

Scottsdale McDowell Mountain Ranch Homes is where people love to live and play.

The spectacular 3200 acre master planned community of McDowell Mountain Ranch is located in the stunning foothills of the magnificent McDowell Mountains. Home to 24 neighborhoods comprising approximately 4,000 homes, most of the McDowell Mountain Ranch Homes enjoy a beauty and serenity thanks to the surrounding mountains and the majestic saguaros and desert plants that make the high Sonoran desert such a unique and special place.

 

More than $128 million dollars was spent to provide infrastructure and site improvements, including paved and natural hiking and biking trails. The McDowell Mountain Ranch Community Center was also developed; available for use by all residents, the McDowell Center has meeting rooms for weddings, birthday parties, etc. McDowell Mountain Ranch also includes two community heated swimming pools and spas, volleyball courts, basketball courts, tennis courts, kids playgrounds and picnic areas. The Ranch maintains an impressive calendar featuring a variety of activities for both children and adults, including excursions, social clubs and sports clubs. The community’s closeness to the Loop 101 means fine shopping, fabulous restaurants, theaters and other cultural venues are just a minutes from the 101 freeway.

 

McDowell Mountain Ranch Communities in Alphabetical Order

Arizona Highlands-Built Between 1996-1998                                                                                                                  

Arizona Vintage-Built Between 1996-1998 (GATED)                                                                                                                                                  Builder-Kaufman and Broad 92 homes with five floor plans. Square footage of the homes range from 1,350-2,316.

MODELS (Smallest To Largest)

Merlot-1,347 Square feet, 3 bed, 2 bath, 2 car garage

Boredeax-1,478 Square feet, 3 bed, 2 bath, 2 car garage

Zinfendel-1,603 Square feet, 3 bed, 2 bath, 2 car garage

Chardonnay-1,744 Square feet, 3 bed, 2 bath, 2 car garage 2 STORY

Chablis-2,256-2,316 Square feet, 3 bed, 2.5 bath, 2 car garage 2 STORY

 

 

Armonico-Built Between 1997-2000                                                                                                                    Builder-Centex Homes. 195 homes with 5 floor plans ranging from 2,409 to 3,527 sq. feet.

MODELS (Smallest to Largest)

Tierra-2,413 Square feet, 3 bed, 3 bath, 3 car garage

Visera-2,678 Square feet, 4 bed, 3 bath, 3 car garage

Montana-2,994-3,050 Square feet, 4 bed, 3 bath, 3 car garage

Santana-3,084 Square feet, 4 bed, 3.5 bath, 3 car garage

Ladera-3,596-3,833 Square feet, 5 bed, 3 bath 3 car garage (2 STORY)

 

 

Castle Chase-Built Between 1998-2000

Builder-Centex Homes. 172 homes with 5 floor plans with square footages ranging from 1,499 to 1,941. This sub-division has it own recreation center, workout room, heated lap pool, and spa.

MODELS (Smallest to Largest)

Carlisle-1,499 Square feet, 3 bed, 2 bath, 2 car garage

Stirling-1,716 Square feet, 3 bed, 2 bath, 2 car garage

Nottingham-1,881 Square feet, 3 bed, 2 bath, 2 car garage

Hemsley-1,915 Square feet, 3 bed, 2 bath, 2 car garage

Windsor-1,941 Square feet, 3 bed, 2 bath, 2 car garage

 

 

Cimmaron Hills/Ridge-Built Between 2000-2002 (GUARD GATED)

Builder-Geoffrey Edmunds. 106 homes with 8 floor plans ranging in square footage from 2,659 to 3,393. Highest Community in McDowell Mountain Ranch. City Lights at night.

MODELS (Smallest to Largest)

Valencia-2,369 Square feet, 3 bed, 2 bath, 2 car garage

Montoro-2,623 Square feet, 3 bed, 2 bath, 2 car garage

Sevilla-2,651 Square feet, 4 bed, 3.5 bath, 3 car garage

Laredo-2,787-2,905 Square feet, 4 bed, 2.5 bath, 3 car garage

Fronterra-3,018 Square feet, 4 bed, 2.5 bath, 3 car garage

Escalante-3,375 Square feet, 4 bed, 3.5 bath, 3 car garage

Andora-3,642 Square feet, 4 bed, 3.5 bath, 4 car garage

Montilla-3,960 Square feet, 4 bed, 3.5 bath, 3 car garage

 

 

Desert Cliffs-Built Between 1998-2000

Builder-UDC Bought by Shea Homes. 177 lots with 7 floor plans ranging in square footage from 2,392 to 3,924.

MODELS (Smallest to Largest)

6040-2,392 Square feet, 3 bed, 2 bath, 3 car garage

6050-2,647 Square feet, 4 bed, 2 bath, 3 car garage

6060-2,754 Square feet, 4 bed, 2.5 bath, 3 car garage

 6054-3,176 Square feet, 4 bed, 2.5 bath, 3 car garage

6085-3,498-3,509 Square feet, 5 bed, 3 bath, 3 car garage (2 STORY)

6080-3,529 Square feet, 5 bed, 3 bath, 3 car garage (2 STORY)

6090-3,924 Square feet, 5 bed, 3 bath, 3 car garage (2 STORY)

 

 

Discover Canyon-Built Between 1998-2000 (GATED)

Builder-Woodside Homes. Eight one and two story homes ranging in square footage from 1,093 to 2378.

MODELS (Smallest to Largest)

Sunrise-1,481 Square feet, 3 bed, 2 bath, 2 car garage

Catalina-1,504 Square feet, 3 bed, 2 bath, 2 car garage

Sabino-1,622 Square feet 3 bed, 2 bath, 2 car garage

Scenic-1837 Square feet, 3 bed, 2 bath, 2 car garage

Mountain View-2,268 Square feet, 3 bed, 2 bath, 2 car garage

Palo Verde-2,364 Square feet, 4 bed, 3 bath, 2 car garage

 

 

Discovery Trails-Built Between 1999-2001 (GATED)

Builder-Woodside Homes. 139 Homes with 8 floor plans ranging in square footage from 1,093 to 2,232.

MODELS (From Smallest to Largest)

Cholla-1,093 Square Feet, 2 bed, 2 bath, 2 car garage

Coronado-1,352 Square Feet, 3 bed, 2 Bath, 2 car garage

Catalina-1,504 Square Feet, 3 Bed, 2 Bath, 2 car garage

Sabino-1,622 Square Feet, 3 bed, 2 Bath, 2 car garage

Sierra-1,700 Square Feet, 3 Bed, 2 Bath, 2 car garage (2 STORY)

Highline-2,197 Square Feet, 4 bed, 3.5 Square Feet, 2 car garage

Palo Verde-2,364 Square Feet, 5 Bed, 3 Bath, 3 car garage

Skyview-2,378 Square Feet, 5 Bed, 3 Bath, 3 car garage (2 STORY)

 

 

Eagle Ridge-1998-2000

Builder-UDC bought out by Shea Homes. 227 homes with 6 floor plans ranging in square footage from 1,998 to 3460.

MODELS (From Smallest to Largest)

3335-1,998 Squar e feet, 3 bed, 2 bath, 2 car garage

3343-2,084 Square feet, 4 bed, 2 bath 3 car garage

3344-2,367 Square feet, 4 bed, 2 bath, 3 car garage

3354-2,297 Square feet, 4 bed, 2.5 bath, 3 car garage

3355-2,974 Square feet, 5 bed, 3.5 bath 3 car garage

3375-3,462 Square feet, 5 bed, 3.5 bath, 3 car garage

 

Mirador-Built Between 2000-2002

Builder-Toll Brothers. 73 homes with 7 floor plans ranging from 2,734-4,053

MODELS (Smallest to Largest)

Tierra-2,734 Square feet, 3 bed, 3 bath, 3 car garage

Bentella-2,931 Square feet, 3 bed, 3.5 bath, 3 car garage

Solana-2977 Square feet, 3 bed, 3.5 bath, 3 car garage

Centella-3023 Square feet, 3 bed, 3.5 bath, 3 car garage

Sereno-3424 Square feet, 4 bed, 3.5 bath, 3 car garage

Paraiso-3,770 Square feet, 4 bed, 4 bath, 3 car garage

Cielo-4,053 Square feet, 4 bed, 3.5 bath, 3 car garage

 

 

Montecito-Built in 1998

Builder-Greystone. 227 homes with 5 floor plans ranging from 2,437-3,642

MODELS (Smallest to Largest)

San Miguel-2,437 Square feet, 4 bed, 2 bath, 2 car garage

San Rafael-2,770 Square feet, 4 bed, 2.5 bath, 3 car garage

Santa Barbara-2,770 Square feet, 4 bed, 2.5 bath, 3 car garage

Castillo-3,079 Square feet, 5 bedroom, 3 bath, 3 car garage

 

One Hundred Hills-Built Between 1996-2003 (GUARD GATED)

Builder-Geoffrey Edmunds 68 homes with 6 floor plans ranging from 2310-4972.

Most EXCLUSIVE community in McDowell Mountain Ranch, homes up to 5 million.

MODELS (Smallest to Largest)

Malaga-4,628 Square feet, 3 bed, 2.5 bath, 3 car garage

 

Panorama Point Built Between 1995-1999 (GATED)

Builder-Woodside Homes 202 homes with 5 floor plans ranging from 1,542-2711.

MODELS (Smallest to Largest)

Mariposa-1,548 Square feet, 3 bed, 2 bath, 2 car garage

Mesquite-1,548 Square feet, 3 bed, 2 bath, 2 car garage

Sabino-1,622 Square feet, 3 bed, 2 bath, 2 car garage

Primrose-2,081 Square feet, 4 bed, 2 bath, 3 car garage

Ironwood-2,711 Square feet, 4 bed, 3 bath, 3 car garage

 

Sienna Canyon Built Between 1999-2001

Builder-Coventry 196 homes with 6 floor plans ranging from 2,548-3,808.

MODELS (Smallest to Largest)

Borgata-2,551 Square feet, 4 bed, 2 bath, 3 car garage

Catalina-2,738 Square feet, 4 bed, 2.5 bath, 3 car garage

La Palma-2,940 Square feet, 4 bed, 2.5 bath, 3 car garage

Marbella-3,328 Square feet, 5 bed, 3 bath, 3 car garage (2 STORY)

Talavera-3,801 Square feet, 5 bed, 3 bath, 3 car garage (2 STORY)

Tali Verde-4,098-4,267 5 bed, 4 bath, 3 car garage (2 STORY)

The Overlook Built Between 1995-1997 (GATED)

Builder-Ryland Homes 156 Homes with 5 floor plans ranging from 1,684-2,818.

MODELS (Smallest to Largest)

Primrose-1,679 Square feet, 3 bed, 2 bath, 2 car garage

Ocotillo-1,978 Square feet, 4 bed, 2 bath, 2 car garage

Mesquite 1,972-2,152 Square feet, 4 bed, 2 bath, 2 car garage

Palo Verde-2,421 Square feet, 4 bed, 2.5 bath, 3 car garage

Ironwood-2,615-2,818 Square feet, 4 bed, 3 bath, 3 car garage

 

 

The Preserve Built Between 1997-2000 (GATED)

Builder-Shea Homes 231 homes with 6 floor plans with square footage ranging from 1,222-2,132

MODELS (Smallest to Largest)

Sontera-1,222 Square feet 3 bed, 2 bath, 2 car garage

Palamino-1,358 Square feet, 3 bed, 2 bath, 2 car garage

Montana-1,504-1,534 Square feet 3 bed, 2.5 bath, (2 STORY)

Avalon-1,702 Square feet, 4 bed, 2.5 bath, 2 car garage (2 STORY)

Durango-1,861 4 bed, 2.5 bath, 2 car garage (2 STORY)

Bisas-2,132 Square feet, 3 bed, 3 bath, 2 car garage (2 STORY)

 

 

The Summit Built Between 1995-1999

Builder-Presley Homes 185 homes with 6 floor plans ranging from 1,854-2,688.

MODELS (Smallest to Largest)

Samoa-1,854 Square feet, 3 bed, 2 bath, 3 car garage

Aruba-2,068-2,151 Square feet, 4 bed, 2 bath, 3 car garage

Key Largo-2,219 Square feet, 4 bed, 2 bath, 3 car garage

Bali-2,272 Square feet, 3 bed, 2 bath, 3 car garage

Victoria-2,452 Square feet, 4 bed, 2 bath, 3 car garage

Molokai-2,786 Square feet, 4 bed, 3 bath, 3 car garage

 

 

Trovas Built Between 1996-1999 (GATED)

Builder-Del Webb/Coventry 134 homes with 8 floor plans ranging from 3,290-4,102

MODELS (Smallest to Largest)

Sorrento-2600 Square feet, 3 bed, 2 bath, 3 car garage

Verona-2,826 Square feet, 3 bed, 3 bath, 3 car garage

Alessi-2958 Square feet, 4 bed, 3.5 bath, 3 car garage

Caprino-3,123 Square feet, 3 bed, 3.5 bath, 3 car garage

Dante-3,297 Square feet, 3 bed, 3.5 bath, 3 car garage

Francesca-3,618 Square feet, 3 bed, 3.5 bath, 3 car garage

Medici-4,065 Square feet, 3 bed, 3.5 bath, 3 car garage

Lido-4,241 Square feet, 4 bed, 4.5 bath, 3 car garage (2 STORY)

 

Sonoran Estates Built Between 2001-2003

Builder-Shea Homes 69 homes with 4 floor plans ranging from 3,552-4108.

MODELS (Smallest to Largest)

Santana-3,552 Square feet, 4 bed, 3.5 bath, 3 car garage

Carina-3,569 Square feet, 4 bed, 3 bath, 3 car garage

Sabino-3,733 Square feet, 4 bed, 3.5 bath, 3 car garage

Saguaro-4,019 Square feet, 4 bed, 3.5 bath, 3 car garage

 

 

 

Sonoran Fairways Built Between 2000-2002

Builder-Shea Homes 103 homes with 6 floor plans ranging from 1,994-3,466.

MODELS (Smallest to Largest)

Mesquite-1,994 Square feet, 4 bed, 2 bath, 2 car garage

Cottonwood-2,051-2,077 4 bed, 2 bath, 3 car garage

Palo Verde-2,294 Square feet, 3 bed, 2 bath, 2 car garage

Ironwood-2,297 Square feet, 4 bed, 2.5 bath, 3 car garage

Ocotillo-2,976 Square feet, 6 bed, 3 bath, 3 car garage (2 STORY)

Cholla-3,460 Square feet, 5 bed, 3.5 bath, 3 car garage

 

 

Sunrise Point Built Between 2000-2003 (GUARD GATED)TOWNHOMES

Builder-Engle Homes 174 homes with 6 floor plans ranging from 1,663-2,676.

Highest Community in McDowell Mountain Ranch. City lights at night.

MODELS (Smallest to Largest)

Saguaro-1,430 Square feet, 2 bed, 2 bath, 2 car garage

Mesquite-1,535 Square feet, 2 bed, 2 bath, 2 car garage

Palo Verde-1,674 Square feet, 3 bed, 2 bath, 2 car garage

Acacia-1,840-1886 Square feet, 3 bed, 2 bath, 2 car garage

Sierra-2,043 Square feet, 3 bed, 2 bath, 2 car garage

Paradise-2,159 Square feet, 4 bed, 2 bath, 3 car garage

 

Sunset Point Built Between 1998-2000 (GUARD GATED)

Builder-Engle Homes 127 homes with 6 floor plans ranging from 1,650 to 3,148.

Highest Community in McDowell Mountain Ranch. City lights at night.

MODELS (Smallest to Largest)

Model 1650- 1,650 Square feet, 3 bed, 2 bath, 2 car garage

Model 1912-1,912 Square feet, 3 bed, 2 bath, 3 car garage

Model 2114-2,114 Square feet, 4 bed, 2 bath, 2 car garage

Model 2162-2,162 Square feet, 3 bed, 2 bath, 3 car garage

Model 2787-2,797 Square feet, 4 bed, 2.5 bath, 3 car garage

Model 3097-3,097 Square feet, 5 bed, 3 bath, 3 car garage

 

 

Vermillon Cliffs Built Between 1996-1999

Builder-Camelot Homes Bought out by Hancock homes 195 homes with 4 floor plans ranging from 2,385-3,208.

MODELS (Smallest to Largest)

Model 919-2,385 Square feet, 3 bed, 2 bath, 3 car garage

Model 923-3,021-3,094 Square feet, 4 bed, 2.5 bath, 3 car garage

Strike the Gold-3,169 Square feet, 4 bed, 3 bath, 3 car garage (2 STORY)

Model 932-3,348 Square feet, 5 bed, 3 bath, 3 car garage

 

 

Terry S. Smith grew up in Scottsdale and has lived in Arizona for 44 years. If you're looking for a Scottsdale Specialist you've come to the right place. Call, or e-mail me with any and all questions you may have about McDowell Mountain Ranch or any other community in Scottsdale. I'm here to help, and I LOVE what I do; helping people find their perfect home. Terry S. Smith (602) 763-1858 or by e-mail at ScottsdaleForeclosures@Gmail.com