Millennials, Baby Boomers agree on one thing: The Condominium
Scottsdale Fall Builder Tour September 28
After attending the Scottsdale Fall Builder Tour September 28, thanks to Fidelity Title, CNN Mortgage and all of the builders represented on the tour Ken and I are true believers in the following excerpt from the Rose Law Group article regarding Millennials and Baby Boomers:
Multifamily housing ain’t what it used to be.
The Valley of the Sun — the city of Scottsdale in particular — has become a hotbed for luxury multifamily housing construction with hundreds of new units expected to come to market over the next 12 to 24 months.
Housing data experts at the Cromford Report, which is the premier data trove for local real estate professionals, say portions of northern Tempe, downtown Phoenix and Scottsdale are the heart of the luxury multifamily construction boom.
Sales of condominiums, or townhomes depending on who you ask, are up 77 percent year-to-date in both Maricopa and Pinal counties, numbers show.
Please take a look at some of the photos taken of new condos on our Trolley Tour. What a great way to inform our real estate group about availability in our area. Thanks everyone who sponsored the tour.
Ken and Sharon Lloyd