Some good news! While it is a challenging time to sell a home, I’ve never seen as many incredible bargains
available. If you are looking to move up, excellent opportunities await the discerning buyer.
The math is fairly straightforward, but will require some effort to sell your current home while looking for
a deal in pricier neighborhoods. In the luxury market, a quick estimation places the decline at around 40%.
Let’s say you purchased your home at the height of the market for $3 million. Currently it might sell for
around $1.8 million. But a home that was $7 million at the height of the market could be had for $4.2 million
today – and you should see how incredible some of these homes are with every luxurious amenity, gorgeous
mountain and city views or more acreage for example. There is a tremendous inventory and some remarkable
homes at a great value just waiting for buyers.
Paradise Valley and Scottsdale residents have trusted me and my group through real estate’s bull and bear
markets for over 30 years. If you’d like to capitalize on this housing downturn and get the latest on great
value without compromising your luxury lifestyle, give us a call today.
