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Posts Tagged ‘luxury condos’

Phoenix Real Estate Market to Keep Blazing in 2017

Realtor.com predicts another banner year for Phoenix real estate markets.  The website’s economic team released its annual market forecast last week and while the report predicted a slight slowdown for the U.S. real estate market as a whole, they expect Phoenix to continue strong growth through 2017.

“According to our forecasts, the western U.S. will continue to lead the nation in prices and sales,” the article reports.  “The top 10 markets all benefit from strong growth dynamics: population, jobs, and households,” says Jonathan Smoke, realtor.com’s chief economist.  

The team forecasts average price gains of 5.8% and sales growth of 6.3%, compared to anticipated national growth of just 3.9% and 1.9% respectively.  Limited availability of homes for sale is being eased somewhat by growth in new construction, however, there isn’t enough new construction to keep pace with growth, according to Smoke.   (more…)

Chandler Sees Rise in Condominiums

Chandler Condominiums – The Cays at Ocotillo

The condo lifestyle has become an attractive choice to many buyers. And with prices and interest rates lower than they’ve been in decades, this is the PERFECT time to buy! If you’re ready to purchase your own space, but don’t want the added cost of a large mortgage or the extra square footage of a single-family home, a condo might be the perfect fit for you.

A variety of buyers are being drawn towards condos since many of them are newly built, much like our condos for sale in Chandler, Arizona, and feature contemporary designs and resort amenities with no maintenance necessary. Condos also allow buyers the convenience of city life without being hampered by limited housing options. In large metropolitan areas, the number of condominiums for sale is much larger than the number of single-family homes.

Tim Vasko, founder and chairman of RealEstock.com, says, “There’s an interesting phenomenon happening today in urban centers. People are moving back into the cities. They’re realizing it’s much more cost-effective to live and work in the city center.”

With our luxury condos located less than 2 miles away from Chandler’s booming business district, it’s easy to see why people are choosing our newest Master Planned Community as their new home. With World Class Amenities and 9 unique floor plans, all with gated, secured underground parking, resort-style living has never been easier or more affordable.

At The Cays of Ocotillo, our buyers enjoy full ownership of their condominium. Come take a tour today and see why we were voted the BEST place to live in Arizona. And make sure to buy early for maximum savings. Units are already 50% sold… Opening Summer 2016!