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Exploring Scottsdale Neighborhoods
Get to know the local Scottsdale area, Whats happening in Scottsdale's neighborhood, and see what Scottsdale Homes for sale are available. How is the Scottsdale real estate market doing? Find out what a neighborhood specialist knows about the area and the current market trends in real estate.
Wednesday, June 8, 2016
Monday, March 7, 2016
Are Rent Prices Higher then Owning?
The article, The Steady Rise of Renting, from www.citylab.com, reports that a recent report from the real estate website Trulia provides substantial evidence of the Great Reset from owning to renting. The report examines growth in renting versus owning across the U.S., as well as the rise in rental housing prices and the growing housing burdens faced by renters between 2006 (two years prior to the economic crisis) and 2014. To get at this, the report uses data from the American Community Survey for 50 of the largest U.S. metros.
![https://cdn.theatlantic.com/assets/media/img/posts/2016/02/Trulia_1/211ce39d2.png](cid:image001.png@01D17483.CCFDD4E0)
![https://cdn.theatlantic.com/assets/media/img/posts/2016/02/Trulia_2/a11d47d69.png](cid:image002.png@01D17483.CCFDD4E0)
The increase in renting was most notable among millennials. The share of renters between the ages of 18 and 34 jumped from 62.5 percent in 2006 to 71.6 percent in 2014. This increase in renting was even larger among Americans between the ages of 26 and 34, rising by a whopping 10.9 percentage points between 2006 to 2014, compared to 5.9 percentage points for the younger group. But renting was up among all age groups, as the chart above shows. The share of renters increased from 33 to 40.7 percent among households ages 35-54. Trulia speculates that this group may have been hard hit by job loss and foreclosure during the crisis. Renting also increased, from 24.4 to 27 percent, among Americans aged 55 and older.
Metros with the Largest and Smallest Shares of Renters, 2014
Top Ten Metros
|
Largest Share of Renters
|
New York, NY
|
56.9%
|
Los Angeles, CA
|
54.4%
|
San Francisco, CA
|
53.7%
|
Las Vegas, NV
|
49.4%
|
San Diego, CA
|
47.7%
|
Miami, FL
|
47.2%
|
San Jose, CA
|
43.7%
|
Oakland, CA
|
43.2%
|
Austin, TX
|
42.9%
|
Orange County, CA
|
42.5%
|
At the end of the day, housing affordability is made up of two things: the cost of rent and the income and wages people use to pay for it. In the aftermath of the economic crisis, renters have been caught in a devastating bind as rents have risen while incomes decline. Average rents increased by 22.3 percent between 2006 to 2014, while average incomes declined by 5.8 percent.
Here is the link to the entire article: http://www.citylab.com/housing/2016/02/the-rise-of-renting-in-the-us/462948/
Are you renting and wondering if you can buy? Its amazing how many people don't think they can buy because of credit, bankruptcies, or short sales but can actually buy. Tired of paying someone else mortgage and want to start building some net worth? Give me a call and I would be happy to give you some names and numbers of some great lenders that proven themselves reliable and recommendable. www.AudreyTolley.comhttp://www.audreytolley.com/buying-real-estate.html
Thursday, March 3, 2016
Spanish Oaks Community 85258
Spanish Oaks - Homes For Sale - Scottsdale, AZ 85258
Community Information, Real Estate Market Update, Area Information, and Best Places to Visit.
Information of the Average Price of Active Homes in the area,
Average Price of Sold Homes,
and a Report of How Many Homes are on the Market.
Includes Listing info for New and Active Homes
on the Arizona Regional MLS (ARMLS).
Map of the Homes For Sale and Average Beds, Baths, & sq/ft for the area.
Thursday, February 4, 2016
Tatum Highlands Real Estate Information
Tatum Highlands Real Estate Information: Tatum Highlands - Homes For Sale - Cave Creek, AZ
Community Information, Real Estate Market Update, Area Information, and Best Places to Visit
Information of the Average Price of Active Homes in the area,
Average Price of Sold Homes,
and a Report of How Many Homes are on the Market.
Includes Listing info for New and
Active Homes on the Arizona Regional MLS (ARMLS).
Map of the Homes For Sale and Average Beds, Baths, & sq/ft for the area.
Casas Dia Festivo Real Estate Information
Casas Dia Festivo Real Estate Information: Casas Dia Festivo - Homes For Sale - Scottsdale, AZ 85258 Community Information, Real Estate Market Update, Area Information, and Best Places to Visit
Tuesday, February 2, 2016
Reviews of Audrey Tolley of North Scottsdale Realty One Group
Reviews You just can't make this stuff up!
Meet Audrey - Phoenix Realtor - Of North Scottsdale Realty ONE Group
www.AudreyTolley.com
Meet Audrey - Phoenix Realtor - Of North Scottsdale Realty ONE Group
www.AudreyTolley.com
Tuesday, December 1, 2015
10 Best Places to Retire in 2015
10 Best Places to Retire in 2015 (Scottsdale at # 10)
Daily Real Estate News | Thursday, November 05, 2015
The population of people age 65 and older is expected to double to 85 million by 2050. People are living longer, which means where they choose to settle down in retirement is even more important.
Real Estate in Retirement
Livability.com recently released its annual list of the best small-to-medium sized cities for retirement, factoring in affordability and quality health care, cost of living, retiree friendly businesses and services, and places that foster active lifestyles in retirement.
“As the aging population grows and diversifies, so will their ideas of ideal retirement,” says Matt Carmichael,Livability.com’s editor. “We wanted our list of Best Places to Retire to reflect the breadth of options today’s active seniors are considering.”
The following locales landed in the top 10 as best places to retire for 2015:
1. Santa Barbara, Calif.
2. Sarasota, Fla.
3. Plano, Texas
4. Tacoma, Wash.
5. Carson City, Nev.
6. Hillsboro, Ore.
7. Lincoln, Neb.
8. Charlottesville, Va.
9. Rapid City, S.D.
10. Scottsdale, Ariz.
Source: Livability.com
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