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The power of your luxury home investment in Arizona

Arizona housing market fueled by luxury real estate investments.

You’ve got the power if you’re considering the purchase of a luxury home in Arizona. As a luxury home buyer, the power of the real estate market is in your hands when you have a Scottsdale luxury real estate exclusive buyer broker by your side.

So far in 2014, the luxury Phoenix housing market indicates that luxury homes in metro Phoenix including Scottsdale luxury homes are doing better than the more affordable housing market. In December 2013, 314 luxury homes priced above $500,000 were under contract.

In February 2014, Mike Orr, the director of Real Estate at Arizona State University, reported the amount of luxury homes for sale up 24 percent from a year ago. The report includes Biltmore, Arcadia, Scottsdale and Paradise Valley with currently 2,445 high-end homes for sale on the market.

And it’s on the rise.

“The housing market is being driven by the move-up buyer, the luxury buyer,” said Brad Hunter, chief economist and director of consulting at Metrostudy in Houston. “And those who have strong incomes, secure jobs, their stock portfolio is doing well — they are able to buy whatever they want. And what they are buying is larger houses.” At the same time, the lower end of the market is stalling.”

“It’s a buyer’s market with the national and Arizona luxury real estate buyer in the driver’s seat,” says Jennifer Fabiano, respected buyer broker and principal at Exclusive Arizona Buyers Agents, LLC, in Scottsdale. “There’s currently more supply than demand, so now is the best time to witness all the power that Scottsdale luxury home buyers have at their fingertips with an exclusive buyers agent by their side.”

It’s true. Whether it’s a first time luxury home purchase or the fifth, a gated community home or other specialized property, exclusive Arizona buyer’s agents has the expertise to make your luxury home purchase a perfect fit and a premium investment.
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