Urban Luxe Partners Real Estate Blog

Optima is continuing its tradition of building sophisticated living spaces with the construction of Optima Kierland. Residents of this community in North Scottsdale can enjoy the amenities of high­rise luxury condominiums.

The property is located at Kierland Boulevard and Scottsdale Road. Shoppers will be thrilled to be close to the shops at Scottsdale Quarter and Kierland Commons. Golfers will be close to several golf clubs. People who are hungry after a day of shopping or golfing will find plenty of restaurants nearby.

Optima's signature design elements in this community include floor­to­ceiling windows with panoramic views of the mountains and desert. Open floor plans allow residents to arrange their living spaces to reflect their own

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Home Prices Rising in Phoenix Phoenix home prices are up for a seventh straight month compared to year earlier, according to the much-watched Standard & Poor’s/Case-Shiller Home Price Index. Phoenix’s growth rate in the most recent Case-Shiller report is 4.1 percent compared to a year earlier. That is below the national average of 4.5 percent and trails hotter Western housing markets. Phoenix again has the lowest housing price growth rate among the nine Western cities in the Case-Shiller report. Denver posted 10.2 percent growth in its home prices in June vs. June 2014, according to new Case-Shiller numbers out today. That is the highest of the 20 large U.S. metro areas tracked in the index. San Francisco is next at 9.5 percent followed by Dallas at 9.2…
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1: Home prices are rising, even hitting record levels in some places. Home prices nationwide rose by 5.7 percent in January, compared to a year ago, with prices hitting record highs in Colorado, Texas, Wyoming, and New York, according to CoreLogic. Prices are creeping up in certain areas and some economists are starting to worry about localized bubbles. In most markets across the country, however, gains of around 5 percent are seen as stable, sustainable growth, a welcome change after years of roller coaster changes. 2: Mortgage rates are still low … for now. At less than 3.7 percent, mortgage rates are haven’t been this favorable to consumers since 2013. “Even though rates are expected to rise as the year progresses, for now these rates are really at very…
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North Scottsdale Real Estate announces brand new luxury homes in a number of prime neighborhoods in the city April 2, 2015 in (Forimmediaterelease.net) Phoenix, AZ - North Scottsdale Real Estate has announced amazing brand new luxury homes in a number of prime locations in Scottsdale in a move the provider says will make it easy for people to find and buy quality luxury homes in the coming few months. The new homes are ideal for people who are looking for luxury homes at a more affordable price and are all based in different parts of Arizona. North Scottsdale Real Estate says that the new listings will offer people with a dream of owning a luxury home an opportunity to explore emerging quality homes all of which are located in great neighborhoods near…
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Head to Arizona to see Frank Lloyd Wright's desert dreams By Lynn Jacobson The Seattle Times POSTED: 04/04/2015 04:46:00 PM CDT | UPDATED: A DAY AGO Visitors shadows from a late winter afternoon tour are seen in front of Taliesin West’s reflecting pool, situated at the front of the property called Visitors shadows from a late winter afternoon tour are seen in front of Taliesin West's reflecting pool, situated at the front of the property called the Prow outside Scottsdale, Ariz. The drafting studio where students attend the School of Architecture is at left, and the Sunset Deck at right leads to the dining room and living quarters. Taliesin West is a unified whole of desert masonry that fits in with the natural surroundings of the Sonoran desert. (Mike…
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Rammed-Earth Luxury Homes Rammed-earth homes—made of compressed soil, gravel and other natural materials—are both durable and energy efficient. Now, luxury homeowners are making aesthetic improvements. Although it’s been around for millennia, rammed-earth construction—layers of granite and soil, compacted into solid walls—is making a surprising reappearance in multimillion dollar homes. Photo: Robert Reck By AMY GAMERMAN April 2, 2015 11:43 a.m. ET 4 COMMENTS When Stephen Start bought 57 acres of forest overlooking the Canadian Rockies outside Spokane, Wash., he wanted to build a home that would evoke both the rugged landscape and a sense of timelessness. “We wanted the house to feel almost like it came out of the ground,” said Mr. Start. In fact, it does.…
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PHOENIX, March 31, 2015 /PRNewswire/ -- The Phoenix office of JLL has signed OutboundEngine, the 100 percent done-for-you email, social media and content marketing platform, to a new lease at 4110 N. Scottsdale Rd. in Old Town Scottsdale, a market that is becoming increasingly flush with high-tech and internet-related corporate office tenants. Based in Austin, OutboundEngine specializes in content, email and social media marketing to drive engagement, leads and referrals. The company will use the new location as a regional sales and business development center, and plans to hire 60 employees over the next year. "Phoenix has a vibrant economy that is attracting a great deal of top talent," said Branndon Stewart, founder and CEO of OutboundEngine. "As we…
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Reported as the highest price per square foot achieved for an Arizona multi-tenant retail property over 10KSF, The Marketplace at Lincoln & Scottsdale changed hands in a private, off-market transaction. The 22,081 SF retail center, which has quickly become home to some of the hottest local eateries, sold for $14M. The Marketplace is located on Scottsdale Road and Lincoln Drive, one of the most recognizable intersections in the Phoenix metropolitan area and the gateway to the affluent Paradise Valley community. The property developed by developer, Len Noel of Covington Asset Management, has been a labor of love. Noel originally purchased a bank-owned, office project on 7.5 acres in 2011 that had reached obsolescence. The following year, Covington sold off…
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Sudden Uptick in the Phoenix-Area Housing Market The sluggish Phoenix-area housing market just got a pleasant surprise. New figures show a sudden uptick in buyer demand, with a significant boost in homes under contract since late January. “I do NOT think this has anything to do with the crowds that came in for the recent Super Bowl in Arizona, but that is coincidentally when we started to see this rise in demand,” says Mike Orr, director of the Center for Real Estate Theory and Practice at the W. P. Carey School of Business at Arizona State University. Orr looked at statistics from the Arizona Regional Multiple Listing Service (ARMLS) for his W. P. Carey School of Business analysis. In 2014, the Phoenix-area housing market had relatively low demand, and…
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