Optima Sonoran Village Update – 2 New Buildings

Optima, Inc., the developer and one of the original owners of the 592-apartment home Optima Sonoran Village, has acquired the luxury apartment community through a new partnership with Des Moines, Iowa-based Principal Real Estate Investors, LLC.

The partnership acquired Optima Sonoran Village Phases I and II for $200 million from an existing Optima-sponsored venture. In addition to acquiring the two existing phases, this new partnership also will develop Phase III of Optima Sonoran Village. Phase III, the capstone of Optima’s vision for Sonoran Village, consists of a 176-apartment home, seven-story tower having the same look and feel as Phases I and II, but also will offer an exclusive roof-deck amenity to its residents.

Optima Sonoran Village, winner of the prestigious Honor Award from The American Institute of Architects, offers resort living through its unparalleled amenities, including outdoor pools and spas, dog park, walking paths and an approximately 19,000 square foot residents’ club that includes a membership quality fitness center, an indoor pool and spa, steam rooms and saunas, indoor basketball court, racquetball court, party room and business center. Optima Sonoran Village also features floor-to-ceiling windows and exclusive outdoor terraces for each residence, as well as Optima’s distinctive vertical landscaping system.

Both Optima and Principal Real Estate Investors are attracted to the uniqueness and quality of the development, as well as its wonderful location in growing downtown Scottsdale. “We are thrilled to be partnering with an organization of the caliber of Principal Real Estate Investors that shares our commitment to offering incomparable, luxury living to residents of the Valley who are looking for an upscale lifestyle and living spaces that are utterly unique,” says Tara Hovey, President & COO of Optima, Inc.

“Principal Real Estate Investors is excited to partner with Optima due to its vertically integrated business model that created the unique community that is Optima Sonoran Village. And, we look forward to adding to this distinctive community through the development of Phase III,” shared Kevin Anderegg, Managing Director of Principal Real Estate Investors.

Now in its 40th year, Optima continues to grow in the Greater Phoenix market. Having previously opened luxury condominium developments, including Optima Biltmore Towers in 2006, and Optima Camelview Village in 2009, Optima recently welcomed its first residents to its latest condominium development, at 7120 Optima Kierland in Scottsdale. The opening of

7120 Optima Kierland condominiums follows Optima’s opening in April 2017 of 7160 Optima Kierland, its 150-apartment home community.

“As is evidenced by our reinvestment in Optima Sonoran Village and our continuing investment in Optima Kierland, Optima has a long-term commitment to ongoing investment in the growing Greater Phoenix market,” says Hovey.

Optima has completed more than 30 projects and approximately 5,400 multifamily/condominium units over the company’s rich 40-year history of taking on multiple roles in the development process: developer, architect, general contractor, and property manager or sales broker.

Residences at the 592-apartment home Optima Sonoran Village include studios, one, two- and three-bedroom apartment homes. For more information, call Andrew Holm at 480-206-4265.

Gainey Ranch Market Update – January 2018

Gainey Ranch Market Update– January 2018

Scottsdale Arizona

 

  • Currently there are over 17,643+ homes available through the AZ MLS
  • Average Days on Market for a home in Gainey Ranch is roughly 110 days
  • Gainey Ranch has a 10 single family homes on the market through the MLS with average  price per square foot of $330 (not including for sale by owner)
  • Average price per for a single family home in Gainey Ranch on the market is $950k with the average square footage of 3300
  • Gainey Ranch has 17 condos or town homes that are on the market through the mls with an average price per square foot of $295
  • Most expensive single family home for sale in Gainey Ranch is priced at $1,450,000
  • Cheapest single family home is available for sale in Gainey Ranch is $630k

 

Recent Sales & Pendings

 

  • 7710 E Gainey Ranch Rd #239 979 sqft (Listed for 275k and is currently pending)
  • 7272 E Gainey Ranch Rd #67 1410 sqft (Listed for $400k and is currently pending)
  • 8969 N. Gainey Center Dr # 145 2113 sqft (Listed for $464k and is currently pending)
  • 7878 E Gainey Ranch Rd #13 4204 sqft (Listed for $1,197,000 and sold for $1,075,000)
  • 8989 N. Gainey Center Dr #149 2048 sqft (Listed for $669k and sold for $615k)
  • 7878 E Gainey Ranch Rd #8 3557 sqft (Listed for $879 and sold for $879k)
  • 7425 E Gainey Ranch Rd #25 3209 sqft (Listed for $1,590k and Sold for $1,490k

 

 

Just a few reasons to work with The Holm Group

 

  • Berkshire Hathaway HomeServices is one of the largest real estate companies in the country with over 290,000 transactions in 2016 and $29 Billion in gross income.
  • We have the web covered with multiple top rates websites as well as exclusive relationships with: Google, Yahoo, Zillow, RealtyTrac, Movoto, Redfin and HomeFinder
  • The Holm Group has closed over $120 million in transactions and counting
  • The Holm Group has represented several buyers and sellers in Gainey Ranch
  • We have 6 full time licensed professionals to assist you with all of your real estate needs.
  • If you are looking at doing any home improvements give me a call as I have access to a variety of qualified contractors that can assist you in achieving top dollar for your home

 

Representing buyers and sellers throughout Gainey Ranch.

Check out our Gainey Ranch community page..

Andrew Holm, ABR

Berkshire Hathaway HomeServices

The Holm Group

Office: 480-767-2738  Cell: 480-206-4265

Email: [email protected]

Windgate Ranch Market Update – January 2018

Windgate Ranch Market Update – January 2018

Scottsdale Arizona

As you are probably aware, the market is starting to change back to what is considered to be a “buyers market” with short sales and foreclosure appear to be a thing of the past, or are they?  Throughout the valley we are seeing an increase in inventory as well as slower sales cycles for the homes that are on the market for the most part.

The average market time on market in Windgate Ranch for a single family home is roughly 150 days according to MLS data.  In addition, we are also seeing an average price per square foot for properties that are currently on the market of $300, as well as an average of roughly $297 per sqft for homes that have recently sold. With 16 listings on the MLS (not including 4 Sale Buy Owners) in Windgate Ranch is why you need more than ever a Realtor that knows the Windgate Ranch market place so that your property will sell in a timely manner and for the right price.

With housing inventory on the rise as well as the market showing signs of improvement now is the time to sell and/or consider an upgrade!  Below are a few examples of homes that have recently sold or that are currently on the market in Windgate Ranch for your review:

  • 17071 N. 98th Place 3128 sqft (Listed for $750k)
  • 17861 N. 96th Way 1963 sqft (Listed for $790k)
  • 10066 E South Bend Dr 3549 sqft (Listed for $829k)
  • 17537 N. 96th Way 3513 sqft (Listed for $1,155,00 – currently pending in under 30 days
  • 9831 E Edgestone 3712 sqft (Listed for $1,195,00 – currently pending in less than 30 days
  • 18515 N. 97th Way 3196 sqft (Listed for $1,100,000 and sod for $928k)
  • 10007 E Ridgerunner Dr 3894 sqft (Listed for $1,250,000 and sodl for $1,200,000)

For those of you who I have met while working in Scottsdale market for the past twelve years, I look forward to speaking with you again soon.  For those of you who I have not met and/or were unable to stop by my listing on Desert Jewel here are a few good reasons to work with me:

  • Berkshire Hathaway HomeServices is one of the largest real estate companies in the country with over 290,000 transactions in 2016 and $29 Billion in gross income.
  • We have the web covered with multiple top rates websites as well as exclusive relationships with: Google, Yahoo, Zillow, RealtyTrac, Movoto, Redfin and HomeFinder
  • The Holm Group has closed over $120 million in transactions and counting
  • The Holm Group has represented several buyers and sellers in Windgate Ranch
  • We have 6 full time licensed professionals to assist you with all of your real estate needs.
  • If you are looking at doing any home improvements give me a call as I have access to a variety of qualified contractors that can assist you in achieving top dollar for your home.

 

I look forward to earning your business not only for today, but in the years to come.

Click Here to take a look at our Windgate Ramch community page

Andrew Holm, ABR

The Holm Group

Prudential Arizona Properties

Web: https://www.theholmgroupaz.com/windgateRnch.htm

Office: 480-767-2738  Cell: 480-206-4265

Email:[email protected]

Kierland Market Update – January 2018

 

Kierland Market Update – January 2018

Kierland Golf

New Kierland Turf Rider Now Available

Photo Courtesy of The Westin

 

  • Currently there are 2237 single family homes available in Scottsdale through the MLS
  • 1 UDC homes in Kierland is on the market and there are four condos for sale in Kierland Greens and Kierand Heritage
  • Average days on market in Kierland is about 70 days on market with one home on the market for 670 days which was a condo in Kierland Greens
  • The average price per square foot for a UDC Home that is on the MLS is $240 per sqft
  • The highest recorded price for a UDC Home is $835k, the highest currently listed is $490k

With interest rates on the rise, as well as our prime buying season in full swing, now is the time make the move!  Below are a few examples of homes that have sold and/or that are currently on the market. So far in January Kierland has: 4 MLS Listings, and 1 for sale by owner for a total of 6 homes.

  • 15221 N Clugbate Dr. 1340 sqft (Listedd for $309k)
  • 6409 E Blanche Dr 1977 sqft (Originally listed for $510 and now listed for $490k)
  • 15221 N. Clubgate Dr. #2121 1849 sqft (Listed for $499k)
  • 15240 N. Clubegate Dr 2333 sqft (Originally listed for $554k and notw listed for $536k)
  • 6515 E. Marilyn Rd 2013 sqft (Listed for $449k and Sold for $447k)
  • 6421 E Gelding Dr 2364 sqft (Listed for $499k and Sold for $495k)

For those of you who I have met while working in Kierland for the past fourteen years, I look forward to speaking with you again.  For those of you who I haven’t met and/or we’re unable to stop by my latest listings over on: Gelding, Waltann, and LeMarche, here are some of the reasons to work with our team:

  • Berkshire Hathaway HomeServices is one of the largest real estate companies in the country with over 290,000 transactions in 2016 and $29 Billion in gross income.
  • The Holm Group has the web covered with multiple top rated websites as well as exclusive relationships with: Google, Yahoo, Zillow, Trulia, Overstock.com real estate and HomeFinder.com
  • The Holm Group has closed over $120 million in transactions and counting
  • No other single agent represented more buyers/sellers in Kierland than I did in 2005!!
  • If you are looking at doing any home improvements give me a call as I have access to a variety of qualified contractors that can assist you in achieving top dollar for your home.

I look forward to earning your business not only for today, but in the years to come.  No gimmicks here, just trying to make it as easy and cost effective as possible for you to sell your home and for someone to purchase their next home in Kierland.

Representing more Buyers and Sellers in Kierland than any other agent, all I ask is for the opportunity to earn your business.

 

Please feel free to take a look at our Kierland Page which ranks number #1 in Google and Yahoo.

https://www.theholmgroupaz.com/kierland-homes-for-sale-2/

 

Andrew Holm, ABR – CDP – EPro

Berkshire Hathaway Home Services

The Holm Group

Office: 480-767-2738  Cell: 480-206-4265

Email: [email protected]

Happy Thanksgiving From The Holm Group

Happy Thanksgiving – From The Holm Group & Associates

Wishing you all the best of this season. May you enjoy it with your family and friends.

 

The Holm Group Ranked #1 in Google For Arrow Gulch Homes For Sale

If you are looking to sell your home in Arrow Gulch (Fountain Hills -AZ) let Andrew with The Holm Group assist you. Along with our years of experience in Fountain Hills and selling over 20 homes in the area, we now have the #1 ranked spots on the first page of Google to help drive quality buyer’s towards your new listing.  Call Andrew w/ The Holm Group today at 480-206-4265 today and feel free to visit our new Arrow Gulch community page at: https://www.theholmgroupaz.com/arrow-gulch-homes-for-sale/

Arrow Gulch Homes For Sale Fountain Hills

The Holm Group Ranked #1 in Google For Kierland Homes For Sale

The Holm Group Ranked #1 in Google For Kierland Homes For Sale

If you are looking to sell your home in Kierland (Scottsdale -AZ) let Andrew with The Holm Group assist you. Along with our years of experience in Kierland and selling over 15 homes in the area, we now have the #1 ranked spots on the first page of Google to help drive quality buyer’s towards your new listing.  Call Andrew w/ The Holm Group today at 480-206-4265 today and feel free to visit our new Kierland community page at: https://www.theholmgroupaz.com/kierland-homes-for-sale-2/

 

 

Kierland Homes For Sale Google Search

The Holm Group Ranked #1 in Google For Windgate Ranch Homes For Sale

If you are looking to sell your home in Windgate Ranch (Scottsdale -AZ) let Andrew with The Holm Group assist you. Along with our years of experience in Windgate Ranch we now have the #1 and #4 ranked spots on the first page of Google to help drive quality buyer’s towards your new listing.  Call Andrew w/ The Holm Group today at 480-206-4265 today and feel free to visit our new Windgate Ranch community page at: https://www.theholmgroupaz.com/windgate-ranch-homes-for-sale-2/

 

 

Windgate Ranch Google Search

Will 2017 home sales in Phoenix set record

From AZ Republic – Written by Catherine Reager

2017 is shaping up to be one of the best years for home sales in metro Phoenix.

Sales aren’t higher than the boom year of 2005 when speculators bought a record number of homes, or the bust year of 2011 when investors snapped up a record number of bargain Phoenix-area foreclosure homes.

But those years weren’t normal and definitely weren’t healthy for Phoenix’s housing market.

FROM 2016: Metro Phoenix home prices hit post-crash high

“2005 went down in the history books as the year our housing bubble rapidly inflated,” said housing expert Tom Ruff of Arizona Regional Multiple Listing Service’s The Information Market. “2011 was the year housing prices bottomed out after the housing-market collapse.

“This leaves 2017 as the very best year for Valley resale homes in our history not influenced by some freakish market outlier,” said Ruff.

Home sales are up 9 percent from last year.

The Valley’s top half-years for existing home sales

2005: 54,142
2011: 53,896
2017: 49,181
Regular buyers, including many first-timers, are driving more Phoenix-area home sales this year, and that’s a big reason why 2017 is such a better year than the others.

“As rent prices continue to climb, Millennials are feeling compelled to make the jump into homeownership,” Living Chandler founder and Revelation Real Estate agent Matthew Coates told me.

READ MORE: Millennials shelling out to live in new Phoenix-area condos

He also said many new residents coming to the Valley from the Midwest and Northeast for jobs are now buying homes after renting for a year or so.

A growing number of investors, including Canadians who bought houses for less than $100,000 during the crash, are now selling for hefty profits since home values have rebounded.

Those houses, now mostly priced below $500,000, are what most current buyers can afford.

READ MORE: Canadians, investors selling Phoenix homes

Mary Campbell Gomez of RE/MAX AZ Mega Homes, told me the northwest Valley has a “serious shortage” of homes for sale.

Supply is so tight for houses priced right, she said some buyers are purchasing houses without seeing them in person because there’s so much competition.

Top Places to Visit after Moving to Chandler AZ

Chandler is a large city situated in Maricopa County, Arizona, that provides visitors and residents alike with numerous parks, recreational facilities and cultural destinations that shouldn’t be missed. The city is also home to many appealing eateries that are sure to satisfy. These 10 destinations will help you get a feel of the city when you’re relocating to Chandler.

Arizona Railway Museum
Chandler-railway

If you have any interest in trains or locomotives, the Arizona Railway Museum is a railroad museum that’s dedicated to the railroads situated in Arizona and the entirety of the Southwestern United States. This intriguing museum is open from September to May each year. You can visit on either Saturday or Sunday between the hours of 12 p.m. and 4 p.m. Throughout this museum, you will be able to get both interior and exterior looks at a wide array of train cars that have passed through Arizona in the past century. Each train car comes with its own story, making this an educational and photographic destination.

Chandler Center for the Arts
The Chandler Center for the Arts is a spacious 1,500-seat theater in Chandler that provides guests with a large selection of performing arts events all throughout the year. These performances include everything from local plays to musical concerts with world-renowned artists. Within this center, you can also view a vast collection of art at the gallery. Exhibitions of paintings, sculptures and drawings are displayed every few months. Tickets can be purchased in person around an hour before the show or online. Varieties of events are held at the Chandler Center for the Arts each month, so whether you like ballet or jazz concerts, you’ll find something to interest you.

Tumbleweed Park
Tumbleweed Park is a massive park and recreation center that provides visitors with fun and adventurous things to do. Not only does this 62,000-square-foot park offer numerous sports courts and fields, but it also comes with a wide range of classes and activities that children and adults alike can participate in throughout the year. If you wish to bring your laptop or mobile device, Wi-Fi is included within much of the park. When you’re traveling with children, child watch services are available if needed. Within the recreation center, you’ll find exercise and dance studios where you can take classes. Before exercising, use the locker rooms to change and store your non-workout clothes until you’re finished. This park comes equipped with a complete fitness center, an indoor track for running, two racquetball courts and a gymnasium.

Paletas Betty
Paletas Betty is a contemporary ice cream shop that specializes primarily in fruit and cream pops of a Mexican variety although more traditional flavors are also offered. The menu is largely seasonal. Every dish on this menu uses some of the freshest ingredients available. Along with standard ice cream, Paletas Betty also offers a large selection of drinks that have been crafted with the combination of high-quality white tea and blends of fresh fruit. There are over two dozen flavors to select from, which are divided into classic flavors and light flavors. Traditional flavors like chocolate and strawberry are available, and each flavor makes use of a unique Mexican twist. You’ll also be able to try a wide variety of flavors that you wouldn’t typically find in the United States, from toronja to zanahoria. The former of these consists of fresh squeezed grapefruit that’s topped with orange, and zanahoria combines carrot with banana, ginger and orange. No matter which flavor you choose, you’re sure to leave satisfied.

Bondurant Racing School
Chandler-go-carts

If you’ve ever wanted to learn how to race, the Bondurant Racing School gives you the chance to do so. However, this racing school isn’t just for people who wish to become amateur or professional racecar drivers; it’s also a school designed to make students more proficient behind the wheel, even in standard vehicles. By taking these training classes, your confidence in your driving skills will undoubtedly increase, allowing you to eliminate negative driving habits and build positive ones. There are nine courses available for you to choose from, all of which provide training with different aspects of driving. These courses include an advanced road racing class, high-performance driving, and a women’s driving academy. No matter which of these courses you take, you’ll be placed behind the wheel of an extremely powerful racecar. (Photo Credit: https://bondurant.com)

Ostrich Festival
The Ostrich Festival is an annual festival that’s been going on since 1988. This three-day festival takes place every March and is kicked off with an initial festival parade that’s followed by the Mayor’s Fun Run. Throughout the festival, you’ll be able to watch national and local entertainment events complete with spectacular acts. You can visit a wide range of rides and attractions during the festival, including such favorites as the Frog Hopper, the Fireball, the Quasar and 1001 Nachts. For attractions, you can look forward to racing, a petting zoo and other exciting animal exhibits.

Wild Horse Pass Motorsports Park
The Wild Horse Pass Motorsports Park is a large motorsports venue in the city that offers a road course, an off-road course and a quarter-mile dragstrip. This motorsports park hosts a myriad of racing events during the year, holding races of many different types. Businesses can also choose to host events at this venue and are provided with everything they need to ensure that the event is a success. VIP parking is available if you wish to get a good spot for your vehicle when at the event. A variety of food and beverage vendors can be found on site during each event, allowing you to purchase refreshments over the course of the race. Each track comes equipped with comfortable seating and fantastic views of the event.

Floridino’s Pizza & Pasta
Floridino’s Pizza & Pasta is a cozy and comfortable Italian pizzeria that offers a vast selection of delectable dishes to choose from. The highlights of this pizza joint are the Italian-style muffins that are perfect as an appetizer. These muffins are stuffed with ground beef, ham, Italian sausage and mozzarella cheese. There are several additional pizza muffin options that you can select from the menu. Varioussalads are also available if you’re searching for a lighter meal, including a Greek salad and a Floridino’s chef salad. While pizza and pasta are the most popular dishes here, you can choose a sandwich for your main entree if you wish. The restaurant’s delicious sandwiches include the Floridino’s steak sandwich and the meatball Parmigiana. Try the veggie lasagna or Fettuccine Primavera if pasta is on your mind. The numerous pizza options include a gourmet white pizza, spicy chicken pizza and meat deluxe pizza. For dessert, try the spumoni, a delightful Italian ice cream with chocolate, strawberry and pistachio flavors swirled together.

Rawhide Western Town & Event Center
Chandler-rawhideThe Rawhide Western Town & Event Center is a theme park and restaurant that features Wild West gunfights, live country music and delicious Western cuisine. This destination is open to the public every Friday through Sunday. There is a whole host of events that take place at this venue each year, from dog shows and paintball fights to festivals and conventions. At the steakhouse on the premises, guests are provided with an expansive menu filled with sumptuous dishes. Whether visiting for lunch or dinner, start your meal out with an appetizer of jalapeno chips or smokehouse wings. You should also consider the Caesar salad or steakhouse chili. There is a wide range of entrees available to choose from, such as the bone-in ribeye, filet mignon, pulled pork, large beef ribs, sage-crusted fried chicken and Gold Canyon burger. Once you’ve finished your meal, don’t forget to top it off with dessert. The old fashioned-style apple crisp and ice cream sundae are particular favorites. A beer and wine list can be requested.

Fired Pie
Fired Pie is a pizzeria chain in Arizona that provides visitors with a wide array of pizza and salad dishes. The tasty pizza creations include everything from a standard veggie pizza to a meaty Italian pizza. The restaurant’s salad creations include the spicy Southwest Salad and Valley Field Greens. You can choose to build your own salad or pizza. For salads, there are four greens and six types of dressing to choose from. When crafting a pizza, you’re provided with choices of three crusts, seven sauces, seven cheeses, a dozen meats, nearly two dozen veggies, and three herbs to mix and match. Top your meal off with a Fired Pookie dessert.

With this list of top destinations to visit in Chandler, Arizona, you can be confident in your relocation to the city. While relocating can be a stressful process, having a list of interesting places to visit in the area can make the transition a smooth one.