A look into Luxury 09-08-2024
August brought a stunning reversal in Arizona’s Ultra Luxury Home Market with three more homes closing for $14 Million or more, doubling the total from three to six including a new record sale of over $32 million!
Metro Phoenix Housing Update: August 2024
Hi, it’s Michael Hankerson. Today is September 4th, and something very interesting happened last month regarding the national economic numbers and the local Metro Phoenix housing market.
4 Bedroom McCormick Ranch Sunning Remodel
Tour of this remodeling project in the highly sought-after McCormick Ranch neighborhood! The home has just completed the drywall phase, and we’re only 4 weeks away from finishing this stunning transformation.
Phoenix zip code 85028
Since the peak in 2020, when 409 SFD homes were sold, sales of homes in 85028 are down 45%, primarily due to the rise in interest rates on the 30-year mortgage. However, despite the sharp decline in the number of homes sold, the average sale price increased 7.88% in 2024 to $875,287.
Acoya Shea
I recently had the pleasure of visiting the newly built Acoya Shea Senior Living Center and speaking with Tanya Robertson.
Sunrise Senior Living of Scottsdale
Yesterday, I had the pleasure of visiting Sunrise of Scottsdale and speaking with the Executive Director, Erik Thompson.
Metro Phoenix Housing Update July 2024
It’s no surprise that the average sale price of a single family detached home in the Metro Phoenix Area dropped by $28,625
A Look into the Arizona Luxury Home Market – July 29th 2024
The shocking development over the past three weeks is that half of the homes under contract for $14 million or more have been canceled.
The Foundation for His Ministry (FFHM)
This year Michael Hankerson with The Hankerson Team and his daughter Jennifer Hankerson had the privilege of joining Matlock Racing’s offroad adventure to visit the children at Foundation for His Ministry (FFHM) orphanage.
The Importance of Curb Appeal
Curb appeal plays a crucial role in the home selling process. It’s the first impression potential buyers get of your property, and it can significantly impact their decision to explore further or move on to another option.
The Location of Luxury Homes in Arizona
If you’re a builder looking to maximize your final sale price or a homeowner searching for a high-appreciation area, the location of your investment matters.
Luxury Home sales in Arizona – July 7th, 2024
Over the past couple of weeks, 43 more homes sold for $3 million or more in Arizona, bringing the total to 419.
