From Our Blog

Medical Care When Retiring – Phoenix Hospitals Ranked Best By US News

People have been relocating to Scottsdale and Paradise Valley for their retirement for decades.  Easy winters, relaxed and friendly neighborhoods, and enough golf resorts that you’ll never have to play the same round twice all create an idyllic setting for enjoying one’s golden years. Often overlooked in the excitement of relocating to a warmer climate for retirement is the quality of nearby medical care.  Fortunately for metro Phoenix, 13 of our 56 area hospitals have been ranked ‘Best’ by U.S. News and World Report.  At the top of the list is world-renown Mayo Clinic, with two locations in the Valley.  Mayo was ranked ‘Best’ nationally for 10 adult care specialties [...] read more

Paradise Valley Housing in a league of its own

We all know the luxury market in Phoenix is seasonal but with that being said, Walt Danley Realty just had the strongest June that we have ever had. We have good momentum moving forward and the housing market is beginning to return to a normal ration of traditional sales compared to distressed ones. The luxury market usually does well when the stock market does well. Noting both seasonal fluctuations of both sales and listings, a solid June may point to a strong rebound. The luxury market tends to do much of its business during the spring. The biggest luxury homes are typically sold in April or May. The market has [...] read more

Mountain Shadow Resort’s renovation is likely to increase property value

As Mountain Shadows resort in Paradise Valley inches closer to the redevelopment, it is said that the nearby property values will increase with the renovation. I’ve always had a strong belief that something positive would happen with the resort and wouldn’t remain an eyesore forever. Interest in the nearby residents have been percolating. The redevelopment of the resort will certainly boost the property values in the neighborhood and those who bought when the resort was shuttered will reap the benefits of their investment. The resort, on 56th Street and Lincoln Drive, is moving closer to redevelopment since the owners recently signed a private agreement establishing specific land uses and resort [...] read more

Giddyup! …As Featured In The Phoenix Business Journal

I just love being able to get this kind of coverage for our properties.  The Phoenix Business Journal just featured a luxury equestrian estate we have for sale in Paradise Valley on the Eastern slope of Camelback Mountain. There’s an old saying that the horses live better than their owners when it comes to comparing the barn to the home on an equestrian property–a sign of the willing sacrifices made by the owners for their horses.  However, this is a home of a different color, as no expense has been spared throughout the eight bedroom home and three-stall barn. Click here to see the property listing page on our site which [...] read more

Ranked First in Arizona by RealTrends and the WSJ

We were thrilled last week when the 7th annual RealTRENDS, Inc/Wall Street Journal real estate agent rankings were announced.  The competition is pretty tough, and while New York and California regularly dominate the top 100 due to record-setting property values, the fact that we–and Arizona–were able to place so highly is an honor for me and my team. I also wanted to note that the numbers in the RealTrends, Inc/Wall Street Journal report are verified by a third party, unlike the recent Phoenix Business Journal results which had us in second place in Arizona.  Congratulations also to Tom Locati on his inclusion in the RealTrends, Inc. list as 2nd in [...] read more

The Top 10 Real Estate Agents in Phoenix

The Phoenix Business Journal published their annual lists of the top 50 real residential real estate agents. I made the top 10 list of Phoenix residential real estate agents by maintaining my ranking from 2012, and ranked #2! We posted a total of $135.34 million dollars in residential real estate sales in 2012. The list was ranked by total dollar volume closed in 2012. read more

Why Are My Property Taxes So Dang High?!

Last week The Arizona Republic ran a story about why tax rates have held steady or increased, when home values dropped over the past five years.  Here’s why: “Your property taxes aren’t simply based on the value of your property. They’re based on the budgets of the many jurisdictions that tax your property, and they’re also based on voter activity,” said (Kevin) McCarthy, a lobbyist for commercial-property owners and an expert on the state’s property-tax system. That about sums it up.  Is government that greedy? Property-tax bills can include two dozen different categories of taxing districts, from schools to water to community facilities districts to specialized categories such as lighting and [...] read more

Walt and Libby Interview with partner Fidelity National Title

One of the most common questions people ask me is how I started selling homes.  Chelsea Pietz with Fidelity National Title got the answer to that question (and a few more) at one of our recent events.  Libby Cohen, one of our top agents, talks about her start and shares some insight into the luxury market as well: [pb_vidembed title=”Walt and Libby Interviewed By Fidelity National Title” caption=”” url=”http://www.youtube.com/watch?v=9n9GBh3rZ28″ type=”yt” w=”480″ h=”385″] read more

Why Zillow is Wrong About Luxury Homes

One of the most popular real estate websites is Zillow.com, and one of their most popular features is their Zestimate. Using data from reported home sales, the Zestimate tries to estimate what a home should sell for given recent market activity. While this feature may work well for production homes, adhering to these estimates in our unique luxury market can be dangerous and extremely costly for both buyers and sellers. The first problem with Zestimates is that luxury homes vary tremendously in their amenities. Perhaps the backyard of one property was modeled after a Hawaiian resort, with pools, fountains, and tropical landscaping, while the neighbors still have a basic pool [...] read more

The TODAY Show peeks inside of Senator John McCain’s former home

The TODAY Show’s real estate contributor Barbara Corcoran mentioned our listing of John McCain’s home in Phoenix, Arizona. It is currently for sale again by the newest owners after being owned by Senator John McCain and his wife for twenty years. This was one of many homes the Senator owned, including his wife’s childhood home in Phoenix. read more