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Rio Verde, AZ Real Estate News

By Heather Tawes Nelson, Associate Broker, ABR, CLHMS, CRS - Scottsdale, AZ
(Live Better in Arizona )
- September 2023 Scottsdale Homes for Sale and Home Sales - September was the quietest month we have seen in a while in terms of home sales and sales activity. Again this is to be expected due to seasonality, but we are also feeling the impacts of lower inventory and interest rates. SCOTTSDALE HOME SALES ACTIVITY – SEPTEMBER 2023 Every month, we look at these four items related to home sales: - Single-family homes for sale - Orange Line - How many active listings there were at the end of the month. - Under contract, but accepting backup offers (UCB) - Gray Line - The number of homes in UCB status at the end of the month. - Pending home sales - Yellow Line - How many pending sales there were at the end of the month.*- Home Sales - Blue Line - How many home sales took place. SEPTEMBER 202...
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By Shanna Day Team Leader AZ & UT - Call 480-415-7616, Top 0.33 of 1% of 79,000 AZ Realtors
(Keller Williams Realty EV (AZ) & Keller Williams SLC (UT))
What The Silver Tsunami Means For The Millenial HomebuyerDespite the daunting undertaking, more than 75 percent of millennials say they would like to see themselves as homeowners, with their numbers increasing from 30 percent back in 2014 to 37 percent.So what roadblocks are hindering millenials from steadfastly pursuing homeownership? Low wages, student loans, limited supply and high prices, just to name a few.But of course, solutions can be found. Helping millenials learn and understand credit scores and federal and state low-down payment programs can help pave the way to consider their options and formulate a plan.In the case of the tight inventory that's been pushing home prices up these past few years, better days seem to be on the horizon. As many as 20 million homes look set to c...
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By Tony and Suzanne Marriott, Associate Brokers, Haven Express @ Keller Williams Arizona Realty
(Serving the Greater Phoenix and Scottsdale Metropolitan Area)
Distressed properties - those that are "under water" where more is owed on the property than will be available from the proceeds of a sale of the property - are thankfully far fewer than during the crash during the latter years of the previous decade. Still - some do exist - and Short Sales are still a viable option when faced with a "must sell" scenario of an "under water" property. Currently running at less than 3% of the closed transactions every month in our MLS, homeowners in that 3%, whether in Rio Verde or another part of the valley, can still use our help. The first step is to contact us so we can schedule a complimentary confidential consultation to discuss how the short sale process works, and the considerations for your particular circumstances.   Careful up front planning is...
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By Tony and Suzanne Marriott, Associate Brokers, Haven Express @ Keller Williams Arizona Realty
(Serving the Greater Phoenix and Scottsdale Metropolitan Area)
While there are far fewer people these days considering a Short Sale of their home in Rio Verde, there are still some who may have purchased just before the "bust" last decade who may owe significantly more on the home than the proceeds of the sale will bring. What to do? A Short Sale is one such solution. A Short Sale is a "regular resale" with one distinct and significant difference. The agreement of your lender(s) to accept less than the balance(s) owed on the loan(s). Whether or not a homeowner meets the other "requirements" of their lender(s) such as a "valid" hardship can only be determined by consultation with a skilled and experienced professional with a solid Short Sale track record - we recommend a minimum of 100 closed Short Sales with a 90%+ Short Sale List to Close ratio. T...
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By Tony and Suzanne Marriott, Associate Brokers, Haven Express @ Keller Williams Arizona Realty
(Serving the Greater Phoenix and Scottsdale Metropolitan Area)
While the numbers of Short Sales and REOs in Rio Verde are way down from the staggering levels following the market crash about 10 years ago, there are still some properties "under water" and some that have received a Notice of Default, the first step in the process that will result in the Trustee's Sale on the courthouse steps. It's always sad to see people give up and walk away from a home, particularly when alternatives exist which may well be better for them and their lien holders. We've learned that often those who "opt" to let the home go to foreclosure "by default" often believe that their personal circumstances prevent them from doing a Short Sale.   Circumstances such as: Multiple Home Loans IRS Income Tax Liens Past Due Child Support Past Due HOA Fees ...and the list goes on. ...
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By Tony and Suzanne Marriott, Associate Brokers, Haven Express @ Keller Williams Arizona Realty
(Serving the Greater Phoenix and Scottsdale Metropolitan Area)
Although we no longer see the levels of Short Sales that we did a few years ago in Rio Verde, Notices of Default continue to be issued, meaning that yet another Rio Verde property is on the path towards foreclosure at auction on the courthouse steps. Suzanne and I wonder why the owners would allow the property to go to foreclosure, rather than investigate alternatives that may be mutually beneficial to themselves and their lenders. Not all properties heading for foreclosure are necessarily "under water" - which theoretically means they could be sold via a "traditional" sale rather than a "short sale" - but circumstances may mean there are other liens attached or other factors that inhibit or prevent the owners from selling the property - whether or not it's a short sale. Short Sales are...
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By Tony and Suzanne Marriott, Associate Brokers, Haven Express @ Keller Williams Arizona Realty
(Serving the Greater Phoenix and Scottsdale Metropolitan Area)
  While the Short Sale days of the previous decade are for the most part behind us, the reality is that there are still hundreds of homes "under water" in Arizona.   While it's true that not every property facing foreclosure in Rio Verde is "under water", may of them are, and unfortunately many homeowners still don't understand that the likelihood is they will be far better off doing a Short Sale of their Rio Verde home than allowing their Rio Verde home to be sold at auction on the courthouse steps!    Short Sales are "regular resales" with one big difference.     Your lender(s) must agree to accept less than the amount(s) owed on your loan(s).   While there are many details regarding Short Sale Seller financial circumstances and the hardship they face, the bottom line is that most len...
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By Tony and Suzanne Marriott, Associate Brokers, Haven Express @ Keller Williams Arizona Realty
(Serving the Greater Phoenix and Scottsdale Metropolitan Area)
  There are still hundreds of homes "under water" in Arizona.   In other words - the homes are worth less than the mortgage balance(s) - so it's not surprising that many homeowners are looking for solutions to stop foreclosure.   One solution to stop foreclosure and mitigate damage to a homeowner's credit is a Short Sale.   Short Sales are "regular resales" with one big difference.   Your lender(s) must agree to accept less than the amount(s) owed on your loan(s).   While there are many details regarding Short Sale Seller financial circumstances and the hardship they face, the bottom line is that most lenders prefer to stop foreclosure in favor of processing a Short Sale where the Seller is able to procure a Fair Market Value contract for their home.   After all, why foreclose on a home...
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By Tony and Suzanne Marriott, Associate Brokers, Haven Express @ Keller Williams Arizona Realty
(Serving the Greater Phoenix and Scottsdale Metropolitan Area)
While the number of homes "under water" in Rio Verde is significantly less than just a few years ago, some homeowners who purchased just before the "crash" that started in 2007 are still in a position where they owe more on their home than will be forthcoming from proceeds of a sale of the home. If you need to sell your home, and you are in this situation, a Short Sale is one solution to this situation. By definition a Short Sale is a regular resale with one distinct and significant difference. The agreement of your lender(s) to accept less than the balance owed on the loan(s). Whether or not you meet the other "requirements" of your lender(s) such as a "valid" hardship can only be determined by consultation with a skilled and experienced professional. There should be no upfront charge ...
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By The Valley Solutions Real Estate Team, Number 1 Producing Team at HomeSmart Nationwide
(HomeSmart)
FIND HOMES FOR SALE AND REAL ESTATE LISTINGS IN RIO VERDE AZ Nestled in the beautiful desert of far North Scottsdale, Rio Verde enjoys a remarkably rural ambiance reminiscent of days gone by. The Rio Verde community, located just east of Scottsdale and north of Fountain Hills, is surrounded by amazing views of the McDowell Mountains, Four Peaks and the nearby Tonto National Forest. Whether your passion is horses, biking, hiking, tennis or championship golf, this spectacular slice of southwestern paradise offers a lifestyle rich with a wealth of peace and serenity. Click here for all the results
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By David Thomas, Phoenix,Chandler,Mesa,Gilbert,AZ
(HomeSmart Realty, Elite Group Scottsdale, Arizona)
  Homes for Sale in Tonto Verde   Tonto Verde is an amazingly lush active adult community in the northeast valley. It features two 18 hole championship golf courses as well as an 18 hole natural grass putting course. With awe-inspiring views of the Mazatzal Mountains and the Four Peaks golfing in Tonto Verde is an experience like no other. But golf is not the only thing that Tonto Verde has to offer – the award winning Santa Fe style clubhouse features a heated salt water pool and spa, a state of the art fitness center, tennis and Pickle ball courts and both casual and fine dining. Being surrounded by McDowell Mountain Park and the Tonto National Forest, Tonto Verde offers limitless hiking and biking opportunities.   Located about 13 minutes from Troon North and Fountain Hills and only ...
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North Scottsdale Homes For Sale and Sold Report For October 2013   North Scottsdale,AZHomes for Sale continue to see an increase in the annual median price while inventory levels continue to increase. The Numbers Month to Month and Year to Year The median sales price for North Scottsdale, AZ homes for salewas $620,000 in October 2013 compared to $617,000during September 2013 and $559,000October 2012. The number of North Scottsdale, AZ homes for salethat sold was 62in October 2013 vs. 80in September 2013 and 94that sold October 2012. There are 69North Scottsdale, AZhomes for Sale that are in contract which represents 13% of the overall available inventory of 537homes. A few highlights of the current North Scottsdale, AZ homes for saleare shown below and represent a nice cross section of...
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By Marge Piwowarski, Phoenix AZ Horse Property, LLC
(Phoenix AZ Horse Property)
Lovely Rio Verde lies along the Verde River east of Scottsdale.  An active adult community forms one part of the broad spectrum, Horse property and active outdoor sports prevail in the rest.  Avid mountain bikers and ATVs compete with hikers and trail riders for the greatest pleasures of the vast outdoors.     Although for the last month we seem to have returned to last year levels of property values, builders are once again working on new homes in the area.  This is a lot available for a custom home.      How would you like to wake up to this view?  What a perfect home site!    
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By Angie Johnson, Angie Johnson
(RE/MAX Luxury Real Estate)
TROON Real Estate & TROON Scottsdale Homes for Sale - TROON Golf & Luxury Properties Found Here. QUESTIONS About TROON in North Scottsdale, Call Us for More Information, (480) 570-5500 Search Troon Village Homes for Sale Search Troon Village Homes for Less Than $1,000,000 Search Troon Village Homes Between $1,000,000 and $2,000,000 Search Troon Village Homes Over $2,000,000 Search Troon Village Foreclosures Single-family homes start in the $390K's. Lots start at just under $200K.  TROON VILLAGE COMMUNITY OVERVIEW      Troon in North Scottsdale truly pays homage to the natural beauty of Arizona, where the view of Pinnacle Peak is breathtaking from every angle. Angie & Paul Johnson often hike Pinnacle Peak and have provided some pictures of the amazing views for your enjoyment.  The devel...
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By Jeff McDowell, Jeff McDowell
(Coldwell Banker)
85262,  North Scottsdale Arizona, Homes for Sale, Homes Sold encompasses much of the area known as North Scottsdale and Rio Verde Foothills.  Rio Verde Foothills, although known as Unincorporated Maricopa County is comprised of many golf course subdivisions as well as homes with acreage.  Many of these acreage parcels include the ability to have horses. FREE MLS SEARCH FOR HOMES, 85262 85262, Zip Code Map   FREE MLS SEARCH FOR HOMES, 85262 Typical acreage tracts in the area known as zip code 85262 as as well as Rio Verde Foothills range from a size of 1.25 acres up to 10 acres. Views of  Four Peaks and McDowell Mountains are spectacular in this area, yet within easy driving distance to neighborhood shopping areas of North Scottsdale and Carefree Arizona. Major Subdivisions, both Golf Co...
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By The Valley Solutions Real Estate Team, Number 1 Producing Team at HomeSmart Nationwide
(HomeSmart)
Click Below to view ALL 3 ACTIVE Listings in Rio Verde Mother/Daughter Team "Horse Property Specialists" Jessica Senecal Direct 623.256.7857 Associate Broker - Branch Manager Pamela Greene Direct 623-512-6585 Pamela Realtor - Assistant Branch Manager Solutions Real Estate www.PhoenixHorseRealty.com Fax 866.235.0336
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By Jan Green - Scottsdale, AZ, HomeSmart Elite Group, REALTOR®, EcoBroker, GREEN
(Value Added Service, 602-620-2699)
There Goes A Frustrated Buyer!             Yet another buyer has thrown up their hands, frustrated with the housing frenzy.  She and her husband are Relocating to the Scottsdale area.  The Mrs. is already here working with the same company and staying in a corporate rental, since June.  Mr. has stayed behind working at his profession as a builder. Fast forward to September of this year.   The couple walk into my office in North Scottsdale and I happened to be standing next to the receptionist.  They explain to her they are relocating from St. Louis.  My ears perk up because I Relocated to Scottsdale from St. Louis.  Wow – what a coincidence. We have an immediate rapport and they are very nice folks. We sit in a conference room and I explain what is going on with our housing market, ie t...
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By Jennie Miller, PLLC, AZ Broker - Real Estate Services 480-382-9681
(Buy/Sell/Rent Your Home in Phoenix Metro Area)
Property Management in Rio Verde Market Edge Realty LLCRio Verde is a great community in the North East part of Phoenix! The Rio Verde neighborhood is located Dynamite and Rio Verde Rds. Since the home is close to the freeway, shopping, restaurants, and employment, Rio Verde is a popular area for investors and tenants alike. Rio Verde is a popular community with newer homes with stucco walls and tile roofs. Most of the homes have natural desert landscaping, while some have more lush grass landscaping.  Rio Verde has single story homes and two story homes.   A property manager in Rio Verde should know the community, be able to market your home, present a fully screened tenant application on the home, move the tenant into the home, collect the monthly rent, ensure the tenant is caring for...
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By The Valley Solutions Real Estate Team, Number 1 Producing Team at HomeSmart Nationwide
(HomeSmart)
Rio Verde Homes For Sale - Homes For Sale In Rio Verde     $385,000 WOW!! STUNNING HOME WITH INCREDIBLE VIEWS! WALK INTO A SEA OF BEAUTIFUL TRAVERTINE FLOORING, SOARING 10-12 FEET CEILINGS AND ELEGANT CHANDELIER. KITCHEN FEATURES GORGEOUS GRANITE COUNTER TOPS, UPGRADED CABINETS, STAINLESS STEEL APPLIANCES, AND A LARGE KITCHEN ISLAND AND BREAKFAST BAR. DECORATOR PAINT, CEILING FANS, AND RECESSED LIGHTING THROUGHOUT. BATHROOMS HAVE TRAVERTINE TILE COUNTER TOPS AND TILED SHOWERS. MASTER BATH OFFERS TWO VANITIES, LARGE WALK IN CLOSET, AND SEPARATE SHOWER AND TUB, SEPARATE OFFICE OFF OF MASTER BEDROOM. ALSO, ONE OF BEDROOMS HAS OWN SEPARATE ENTRANCE AND BATHROOM. BACKYARD HAS LARGE EXTENDED COVERED PATIO WITH AMAZING MOUNTAIN VIEWS! Click here to see all photos and all details Search All hom...
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By Marge Piwowarski, Phoenix AZ Horse Property, LLC
(Phoenix AZ Horse Property)
          March 2012 Real Estate Market, Rio Verde Arizona     As of 3/13/2012, Rio Verde Arizona Home inventory is down but an adequate supply remains.  Despite a low sales volume, price per square foot is increasing.   Market changes for Single Family Detached homes are charted here.      The average price for a Rio Verde Arizona Home last month was $475,750.00. This featured Rio Verde home is priced at $475,000.00 was built in 1979, measures 2997 SF and provides 2/2/2 on one of Rio Verde's magnificent golf courses.      Prime view lot looking down the 3rd fairway of Quail Run golf course directly in to Four Peaks !! This home was completely re-modeled in 2006 w/ceramic tile, stainless steel appliances,alder wood cabinets, large MBR suite w/gas fireplace,separate vanities,snail shower...
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