Rio Verde Foothills

Rio Verde Real Estate Recap The following lots have closed since last publication*: 28350 N. 160th St. 2xxxx N. 164th St. 16800 E. Lone Mtn. Rd. 16500 E. Desert Vista Tr. 30100 N. 164th St. 27400 N. 176th #1 27400 N. 176th #2 16000 E. Duane Ln. 16000 E. Duane Ln. 29xxx N. 168th St. 27xxx N. 137th St. 16320 E. Cavedale 268xx N. 170th St. 158xx E. Mark Lane 14301 E. Bajada Rd. 39909 N. 142nd St. 29607 N. 141st St. 13800 E. Westland 26810 N. Rio Mtn. Ct. 28517 N. 146th Pl. 33000 N. 144th St. 13600 E. Oleson Rd

1.14 acres 1.25 acres 1.01 acres 1 acre 1.01 acres 1 acre 1 acre 1.08 acres 1.08 acres 1.1 acres 1.11 acres 1 acre 2 acres 1.01 acres 1 acre 2.5 acres 1.13 acres 1.01 acres 1.25 acres 2.5 acres 4.08 acres 5.69 acres

$19,500 $19,500 $25,000 $25,130 $25,500 $27,500 $27,500 $30,000 $30,000 $34,500 $40,000 $41,000 $41,000 $42,500 $48,000 $56,000 $56,500 $62,100 $81,500 $90,000 $135,000 $380,000

Bonnie Burke, PC RE/MAX Excalibur 8510 E. Shea Blvd. #100 Scottsdale, AZ 85260 RETURN SERVICE REQUESTED

January 2010

HOMES - Currently, there are 88 active homes on the market and 47 homes under contract. LAND - Currently, there are 393 active lots on the market and 22 lots under contract.

A Passion For

*According to AZ Regional Multiple Listing Service

If you know of anyone who is not receiving this brochure and would like to, please have them call me and I will be happy to add them on the mailing list.

Bonnie Burke, PC ABR, CDPE, CLHMS, CRS, E-PRO, GRI Integrity Based, Service Driven RE/MAX Excalibur 8510 E. Shea Blvd. #100 Scottsdale, AZ 85260 480.720.8001 Cell Bonnie@BonnieBurke.com www.BonnieBurke.com

Address Sq. Ft. / Bed / Bath/ Lot Size NEW LISTINGS SINCE LAST PUBLICATION: 30320 N. 164th St. 2508 / 3/ /2.5 / 1-1.9 Acres 29219 N. 145th St. 2400 / 3 / 2.5 / 1-1.9 Acres 28311 N 154th St 3382 / 4 / 3 / 1-1.9 Acres 31310 N. 156th St. 3823 / 5 / 4 / 1-1.9 Acres 13807 E. Casey Ln. 2890 / 3 / 3 / 1-1.9 Acres 31416 N. 166th Pl. 3340 / 3 / 3.5 / 1-1.9 Acres 28327 N. 139th Pl. 3080 / 4 / 3 / 1-1.9 Acres 14625 E. Desert Vista Trl. 3053 / 4 / 3.5 / 1-1.9 Acres 27921 N. 153rd St. 5744 / 4 / 5 / 2-4.9 Acres 30116 N. 161st Way 2808 / 4 / 3 / 1-1.9 Acres 14232 E. Montgomery Ct. 4117 / 4 / 4.5 / 2-4.9 Acres 33226 N. 142nd St. 5218 / 4 / 4.5 / 1-1.9 Acres 14123 E. Rancho Del Oro Ct. 5437 / 5 / 4.5 / 2-4.9 Acres PENDING SALES SINCE LAST PUBLICATION: 27311 N. 162nd St. 2692 / 3 / 3 / 1-1.9 Acres 14023 E. Barbie Ln. 3704 / 5 / 3 / 1-1.9 Acres 27532 N. 174th St. 3499 / 5 / 3 / 1-1.9 Acres 16509 E. Dixileta Dr. 2345 / 3 / 2 / 1-1.9 Acres 29923 N. 161st Way 4173 / 4 / 3.5 / 1-1.9 Acres 17130 E. Desert Vista Trl. 3270 / 4 / 2.5 / 1-1.9 Acres 15332 E. Skinner Dr. 3215 / 4 / 3 / 1-1.9 Acres 29206 N. 137th St. 3400 / 4 / 2.5 / 1-1.9 Acres 31217 N. 142nd St. 3664 / 5 / 5 / 2-4.9 Acres 27804 N. 152nd St. 2800 / 4 / 2 / 5-9.9 Acres SOLD SINCE LAST PUBLICATION: 15811 E. Gambit Trl. 3400 / 4 / 3.5 / 1-1.9 Acres 13818 E. Palo Brea Ln. 3120 / 4 / 3.5 / 1-1.9 Acres 27311 N. 152nd Pl. 2466 / 4 / 2.5 / 1-1.9 Acres 14628 E. Morning Vista Ln. 2613 / 3 / 2.5 / 1-1.9 Acres 16506 E. Desert Vista Trl. 3884 / 6 / 4.5 / 1-1.9 Acres 16736 E. Gloria Ln. 3749 / 5 / 4 / 1-1.9 Acres 31409 N. 166th St. NA / 5 / 4 / 1-1.9 Acres 14214 E. Barbie Ln. 3767 / 4 / 4.5 / 1-1.9 Acres 29711 N. 147th St. 3070 / 4 / 2.5 / 1-1.9 Acres 17518 E. Montgomery Rd. 3248 / 4 / 4.5 / 1-1.9 Acres 28523 N. 162nd St. 3749 / 5 / 4 / 1-1.9 Acres 14606 E. Dale Ln. 3049 / 3 / 2 / 1-1.9 Acres 15303 E. Melanie Dr. 2964 / 4 / 2.5 / 1-1.9 Acres 29430 N. 138th St. 3506 / 3 / 3 / 1-1.9 Acres 16306 E. Wildcat Dr. 5018 / 3 / 4.5 / 2-4.9 Acres 28509 N. 138th Pl. 3980 / 5 / 4 / 1-1.9 Acres 26909 N. 142nd Way 3695 / 4 / 3.5 / 1-1.9 Acres 30721 N. 144th St. 5789 / 5 / 5 / 5-9.9 Acres 15926 E. Brookhart Way 4372 / 5 / 4 / 1-1.9 Acres 14119 E. Milton Ct. 4302 / 4 / 2.5 / 2-4.9 Acres

Days On Market

List Price

32 38 25 6 19 17 18 17 31 27 5 32 26

$149,900 $252,900 $298,000 $390,000 $400,000 $419,000 $425,000 $449,900 $550,000 $599,000 $749,900 $800,000 $1,399,000

10 $235,000 18 $237,900 29 $248,000 20 $269,900 11 $288,900 33 $339,000 26 $399,000 6 $425,000 1 $650,000 27 $850,000 DOM List Price Sold Price 104 $325,000 $235,000 132 $299,000 $240,000 11 $298,000 $288,500 13 $248,480 $298,200 65 $399,000 $300,000 377 $351,500 $300,000 378 $308,900 $305,000 74 $331,900 $332,400 15 $360,000 $345,000 156 $389,900 $347,500 234 $340,000 $348,000 24 $320,900 $360,000 7 $390,000 $371,500 94 $429,900 $425,000 45 $378,675 $475,000 138 $545,000 $530,000 188 $650,000 $600,000 57 $852,125 $800,000 340 $899,999 $861,000 26 $1,150,000 $1,075,000

All information is deemed reliable but not guaranteed. The properties on this list have been listed/sold by various participants in the MLS. If your home is currently listed, this is not a solicitation for that listing.

Produced by Desert Lifestyle Publishing • 480.460.0996 • www.DesertLifestyle.net

ISSN-1939-9421

Admiring & Acquiring Specialty Vehicles

Real Estate Investing

A Sound Strategy For Your Portfolio?

Saddle Up!

BLT Steak Goes Cowboy Rio Verde Foothills’

Hot Real Estate Listings

JANUARY 2010

Featuring BLT Steak 5402 E. Lincoln Dr. • Scottsdale 480.905.7979 or bltrestaurants.com

Cowboy Steak 6 rib steaks, 22-26 oz. (long bone, if available) salt and fresh ground black pepper COWBOY RUB 8 oz. each toasted & ground dried pasilla chile and guajillo chile 1 cup jalapeno powder 1/2 cup smoked paprika 2 cups brown sugar 1/4 cup fine sea salt COWBOY BUTTER 2 lbs. unsalted butter, softened 1/2 cup smoked paprika 1/4 cup Cajun spice 2 tbsp. each ground cumin, ground coriander, finely chopped fresh garlic, finely chopped fresh shallot, fresh chopped parsley, fresh chopped thyme leaves, cayenne pepper salt and pepper Make the Dry Rub In a bowl, mix together all of the dry ingredients. Place the steaks in a roasting pan and rub on all sides with the mixture. Cover and chill at least 24 hours. Make the Butter In a medium bowl, beat together 1 1/2 lbs. of the butter and all of the other ingredients until blended. Place on a sheet of plastic wrap and roll it into a sausage shape. Store in the refrigerator up to three days or in the freezer up to two weeks. Chef’s Tip: European-style butters have slightly more fat and less water. This gives them a creamier texture and richer flavor. Cook the Steaks Heat a barbecue grill. Spread the steaks with the remaining 1/2 lb. of butter. Season them on both sides with salt and pepper. Place the steaks on the grill and cook until browned, about three minutes. Turn the steaks and brown on the other side, about three minutes more. Be careful as the chili rub might burn. Transfer the steaks to a cooler part of the grill. Cover and cook for 20 to 25 minutes for medium-rare. To Serve Place the steaks on a cutting board and cover loosely with foil. Let rest for 10 to 12 minutes. Carve the meat off the bone. Cut the steaks crosswise into 1-inch slices. Arrange the slices on the plates. Cut the butter into slices and arrange on the steaks. Serve immediately.

The Valley goes car crazy in January with the arrival of the Barrett-Jackson Collector Car Event and the Russo & Steele Collector Car Auction (see sidebar for dates and details). But it’s not just us Arizonans that get revved up for these amazing auto shows. People come from all over the world to view— and bid on—these luxury, specialty, and collector cars. And why not? Who doesn’t love a retro roadster from a long-ago era or a shiny souped-up convertible that’s in impeccable condition? And where better to view these spectacular speedsters than in Scottsdale in January. Americans have long had a love of collecting classic and sporty automobiles. Jay Leno is one such guy

who has acquired so many vintage cars he has his own garage and website dedicated to the topic (check out www.jaylenosgarage.com). A sentimental car in the collection is the 1955 Buick Leno slept in while trying to make it as a comic in Los Angeles. He never sold it and still owns his onetime “home on wheels” today. Fellow comedian Jerry Seinfeld, another renowned car collector, is reported to have one of the largest-ever Porsche collections. And he can afford it! Why our fascination with these collector and specialty cars? Surprisingly, it’s not all about how they look and handle when speeding down the road— although that is the attraction for many. Perhaps the real appeal is acquiring a

piece of history—and in doing so, preserving history. “I believe we don’t really own these cars,” Jay Leno once told a reporter for bankrate.com. “We just keep them for the next owners.” Auto auctions, of course, offer their own unique appeal. The excitement and energy of an ever-climbing price ticket make for entertainment unlike anything else. (It’s so much fun that the events are even broadcast on television for other vintage car lovers to watch.) This is the runway and red carpet for hundreds of beautiful, shiny works of art on wheels. Highlights from the Barrett-Jackson auction include a 1929 Hamilton Metalplane (yes, that’s right, a plane!) and a shiny black 1963 Shelby Cobra CSX 2091. Russo and Steele will be auctioning off more than 600 classic “sports and muscle” cars over a five-day span. Whether you’re simply there to admire or you’re actually putting in a bid, automobile auctions are exciting and fun for all. Who knows, you could be driving away with the top down on a vintage convertible this year!

THE EVENTS:

GO CAR CRAZY IN JANUARY! Who: Barrett-Jackson What: 39th Annual Collector Car Event When: January 18-24, 2010 Where: WestWorld of Scottsdale To get more info: www.barrett-jackson.com or 480.663.6255 Event schedule: Gates, vendor and sponsor displays open daily Monday-Sunday, 8 am-auction close; automobile and collector car auction, Tuesday-Sunday (times vary); twilight auction hours (reduced admission after 5 pm), Tuesday-Saturday, 5 pm-auction close. Who: Russo and Steele What: 10th Anniversary Collector Automobile Auction When: January 20-24, 2010 Where: NE Corner of Scottsdale Road & Mayo Blvd. To get more info: www.russoandsteele.com or 602.252.2697 Event schedule: Automobile preview and on-site bidder’s registration, Wednesday-Sunday; auction begins, Thursday-Sunday, gates open for preview at 10:00 am.

Building Wealth Through Real Estate It may seem like an uncertain time to invest in real estate. However, perhaps our recent market corrections have led to some of the best buying opportunities seen for generations. Local financial advisor Hugh Daniels with Raymond James and Associates, Inc. offers his unbiased opinion regarding acquiring real estate and its role in your overall wealth planning. Q: How should real estate investment play a part in one’s financial planning and overall portfolio? A: Real estate, like any investment you make, should fall within a well diversified, assetallocated portfolio. Asset allocation involves dividing an investment portfolio among different asset categories, such as stocks, bonds, cash, and alternative investments, which includes real estate. Determining which mix of assets to hold in your portfolio is different for every individual and will differ due to your personal time horizons and risk tolerance. Real estate has traditionally offered a nice complement to an overall investment strategy. Q: Has real estate historically been a key component to building wealth? A: Yes, some of the wealthiest individuals in the world, as well as large institutions, foundations,

and trusts, have amassed and maintained their fortunes with real estate as a part of their investment strategy.

Q: Is now a good time to invest in real estate? What if the housing market continues to see price declines in the near future—can buying today still be a good investment? A: It is impossible to predict the bottom of any market. My personal opinion is that if you find a piece of real estate that you like, you feel it is a good value at the current price, and your investment timeline is not short term, then you may want to strongly consider the investment. Q: What stage of one’s life is the best time to invest in real estate—when you’re young and just starting to build wealth? Nearing retirement? Already retired? A: A decision to enter the real estate market can be appropriate for almost any age investor as long as it is entered with an understanding of your personal end-goal. There is always an opportunity for the smart investor to capitalize on, regardless of market conditions. I believe that in real estate, the key to your success is having a licensed advisor, your Realtor, help you navigate the market and aid you in purchasing with the intention to build wealth.

Q: Is it safer today to invest in real estate or the stock market? A: Trying to measure whether real estate offers a safer environment than the stock market is a very subjective statement and it is going to depend on a number of factors. An individual who plans on only holding an investment for one year versus an investment held for ten years makes a monumental difference. If any lesson can be learned from our most recent market correction, it’s that real estate and the stock market both have risk. An individual must assess this risk before entering either market. If you’re investing in the real estate market, buy something you like and that you plan to hold on to. Time has a tendency to cure all wounds.

For more information on financial planning, contact: Hugh Daniels, Financial Advisor and Wealth Management Specialist, Raymond James and Associates, Inc. hugh.daniels@raymondjames.com • 480.365.6889

Saturday Science Class Arizona Science Center, Jan. 16th 602.716.2000 or azscience.org You and your child are invited to join the Arizona Science Center each Saturday, as they explore various topics to investigate and experiment with. This specific Saturday the subject is robots! Examine and analyze them and work on building your own robot! It’s sure to get young minds excited about science. Advanced registration is required for this event. Drive the Dream Gala WestWorld, Jan. 16th 480.922.8212 or childhelpdrivethedream.org This magical night is dedicated to a truly worthy cause. Proceeds benefit Childhelp, the leading national organization dedicated to helping victims of child abuse and neglect. A part of the Barrett-Jackson event, the evening unfolds with a cocktail reception, followed by fine dining, a live auction and dancing. Glendale Glitter and Glow Block Party Downtown Glendale, Jan. 16th 623.930.2299 or glendaleaz.com Don’t miss out on this exciting block party, a finale to the annual Glendale Glitters holiday event. Thousands of people will fill the 12 blocks of historical downtown. More than a dozen musical acts and lively street performers will be entertaining the crowd. The ambiance is festive with the soft glow of lit and tethered hot air balloons, and the 1.5 million twinkling lights as the stunning backdrop. Sunday A’Fair Scottsdale Civic Center, Jan. 24th 480.994.2787or scottsdaleperformingarts.org Pack a picnic basket and sit out on the lawn as you enjoy the many performances by top Valley entertainers. Or, delicious food and beverages from Arcadia Farms will be available to purchase. Many activities for children and families will be set up as well as a free guided tour of the sculptures in the Civic Center. What a great way to spend a sunny winter afternoon. National Geographic Live: Hunting Dinosaurs Mesa Arts Center, Jan. 27th 480.644.6501 or mesaartscenter.com Go back in time with Paul Sereno to the prehistoric era of the dinosaurs! This modern-day Indiana Jones leads expeditions to exotic places such as the Sahara and Tibetan Plateau in search of fossils. You’ll be captivated with many great stories of Sereno’s thrilling life and recent dinosaur discoveries. Walk ‘n Roll Dog Walk Tempe Town Lake, Jan. 31st 480.945.0754 or walknrolldogwalk.org Bring your dog out for a little exercise and fun all in support of their canine friends. The day starts out with a 5K walk and wheelchair roll around Tempe Town Lake. Afterwards participate in the silent auction, play a few games and browse the many vendor booths. Proceeds benefit Power Paws Assistance Dogs.