Live Beautifully | January 2018

20 18

When it comes to the North Scottsdale lifestyle and area Real Estate, The Luckys are proud to be the eminent source for their clients.

JA N UA RY

With 100s of millions of dollars in sales under their belts,

Lisa | Matt | Laura

The Luckys are honored to be reputed as the most proficient and skilled in the industry.

602.320.8415 | Lucky@RussLyon.com View more luxury listings at LisaLucky.com

In This Issue COMMUNITY CONNECTION ________________ Spotlight on Give A Book, Get A Smile REAL ESTATE UPDATE ________________ Buyer's vs. Seller's Market?

offered at

$2,195,000 ________

YOUR HOME ________________ Interior Design Trends for 2018

MLS #5694866

This extraordinary custom mountainside estate offers luxurious Old-World finishes and offers up-close mountain and dazzling city-light views. The grand foyer impresses with a sweeping staircase, cantera stone columns, stone flooring, and two powder baths ideal for entertaining. The main level includes the great room dining and living area with stone fireplace, den with billiards room, and gourmet kitchen designed to make jaws drop! The balconied upstairs features a home theatre with tiered seating, office, three en suite bedrooms, an exercise room, and multiple balconies. The backyard oasis with heated pool and spa, fireplace, water feature, multiple covered patios and romantic alcoves, and built-in BBQ also houses a beautiful two-room guest house.

25001 N 107th Place | Scottsdale, AZ 85255

Artesano at Troon Village

AROUND TOWN ________________ Scottsdale Events to Enjoy in January

4 Bed + Den + Media 6 Bath 7,752 SQ FT $2,195,000

NEW & NOTEWORTHY ________________ People, Places & Things to Know About FEATURED PROPERTY ________________ Custom Mountainside Home in Artesano at Troon Village

Ever since our modern game of golf was developed in Scotland in the 1400s, golf enthusiasts have found multiple ways to create better equipment and elevate their performance. Parsons Xtreme Golf (PXG), right here in North Scottsdale, is known for using breakthrough technology, inventive materials and sophisticated manufacturing processes to create an exceptional collection of golf clubs.

NEW TOOLS for the

DRIVING IRONS Last summer, PXG unveiled a new line of high-performance driving irons, the PXG 0311X. In a recent press release, the new product is described as “an exceptional option for golfers who want to augment their bag for optimum performance under various playing conditions.

“A low spin club with a striking profile, PXG 0311X driving irons deliver a more penetrating ball flight, keeping the golf ball out of the wind and in the middle of the fairway.

“Like PXG’s celebrated irons, 0311X driving irons are forged and features an ultra-thin face backed with a structural TPE (thermoplastic elastomer) material. The high-strength steel face paired with the TPE produces a more efficient energy transfer, resulting in increased ball speed and more distance.

“A wide sole design and minimal offset help create a CG position that sits low in the club head and closer to the shaft axis, creating less dynamic loft at impact.”

Darkness putter in honor of Black Friday, 2017’s Bat Attack Darkness putter was released with just 1,200 units manufactured.

PXG describes the putter’s design. “The limitededition Bat Attack Darkness features a milled skull insignia and the number 26, representing the 26th Marine Corps Regiment that PXG founder Bob Parsons served with during the Vietnam War. Each club is uniquely numbered according to the order it was milled and comes with an exclusive Darkness grip by Super Stroke and a signature PXG Darkness head cover.

“Part of the PXG milled insert line of putters, Bat Attack is a modified mallet-style design with a face-balanced hang angle. The putter uses a double-bend shaft that creates a half-shaft of offset and weighted alignment wings that provide a subtle visual aid to improve consistency.”

Looking to upgrade your equipment this year? Keep it local and head to PXG.com to schedule a personalized fitting and browse their covet-worthy product line.

Golfer’s Arsenal

PUTTER Last year’s post-Thanksgiving’s Black Friday has brought a limited-edition release from PXG for the second year. Dubbed the

CORPORATE OFFICE:

CONTACT:

The Luckys North Scottsdale 7669 East Pinnacle Peak Road Suite 110 Scottsdale, AZ 85255

602.320.8415 Lucky@RussLyon.com LisaLucky.com

How to Determine If It’s a Seller’s or Buyer’s Market

Single-Family Homes.....19% Multi-Family Homes..... 32% Homes under $500K.... 46% Homes $500K-$999K... 22% Homes $1M-$1,999K......15% Homes $2M+...............11%

REAL E S TAT E

85262

Single-Family Homes.....17% Multi-Family Homes......21% Homes under $500K.... 35% Homes $500K-$999K... 27% Homes $1M-$1,999K.......8% Homes $2M+................ 7%

& NOTEWORTHY GiveABookGetASmile.com

WHAT THEY DO: Give A Book, Get A Smile is an initiative of local business owner Danielle Hampson in an effort to provide books for disadvantaged or underprivileged individuals. Its mission is to rally authors, readers and publishing professionals to donate books that will be distributed locally, nationally and even around the globe.

Books are collected and donated to children, teens and adults at disadvantaged schools, shelters and homeless communities. Foreign language books are earmarked to be distributed to international locations in which the language is prevalent, and the need is great.

Contact us with questions. We know the market’s ins-andouts and can help you succeed whether you’re buying or selling! 602.320.8415 or lucky@russlyon.com

corner

INTERIOR DESIGN TRENDS for 2018 peak, to warmer metals in matte finishes (brass is

transport us into the wonderful world of imagination, it teaches us,

As with fashion, interior design trends tend to reflect the sentiment of our culture. It seems (according to what was recently

it helps us grow.

shown at the “Mecca of interior design,” High Point

Today’s woods are weathered, rustic, white-

"To some, reading can sometimes be viewed as a chore, but it

in North Carolina) that we’re looking to simplify our

washed. Organic leather is popular as is natural

mostly is an immense pleasure all of us should be able to experience.

lives and our spaces. We are craving comfort, peace,

stone such as granite, marble, even river rock.

Alas, life’s realities beg differently as so many are either challenged

and tranquility. Design trends for 2018 seem to not

Upholstery fabrics are also moving towards comfort,

with reading skills, or challenged with access to books.”

only mirror this mindset, but to softly encourage

with a focus on relaxed and inviting materials. We’re

self-reflection with a nod to the appreciation for the

seeing a lot of suedes and velvets, snugly chenilles

simpler pleasures in life.

and fabrics that offer a pleasant tactile experience.

Homes and office spaces are being designed

As far as color, beige and brown are back!

with comfort and cocooning in mind. From intimate

So, if you hadn’t yet caught up to the grey trend,

reading nooks, to small spaces designated for specific

these warmer neutrals will take center stage in

tasks; we are seeing rooms configured to feel more

2018. Color palettes such as caramel, gold and

warm and snug and to encourage time with family.

champagne or monochromatic color schemes in

There seems to be a simplification of lines in

beiges and creams are back. While neutral tones are

furnishings. Clean lines offer a fresh aesthetic, as

most popular, lively pops of orange and red allow

do geometric and softly curved angles. Organic

for some color. (Notice they’re still warm tones

materials in furnishings and accessories are BIG, as

though?)

are handcrafted items and accents. Think rustic (but

What’s out as far as color? The last couple

polished), distressed (yet modern), and warm tones

of years we’ve seen a surge in the pretty blush

rather than the cool greys that have prevailed for the

pink, often paired with creams, golds or greys. That

last several years.

soft pink will look dated now, as will the bright

There is a shift away from shiny metals such as

jewel-tones that have dominated interior design

chrome and stainless steel that have reached their

recently.

Hampson describes her motivation in starting her campaign.

“Being able to read is more than a life necessity, it has the power to

85266

Single-Family Homes.... 23% Multi-Family Homes..... 33% Homes under $500K.... 32% Homes $500K-$999K....21% Homes $1M-$1,999K: ....18% Homes $2M+...............13%

Photo: Bernhardt Furnishings

HOW CAN YOU HELP? Donate new or gently used books. For children ages 4-12, both picture and chapter books are requested. Young adult and adult fiction, non-fiction and self-help books are in demand. At this time, books written in English, French, Spanish, Chinese, Japanese and Korean are requested and will be donated appropriately.

Email GiveABook@cox.net to reach out to Danielle and make arrangements to donate or simply bring to our Russ Lyon | Sotheby’s office – a designated donation collection site.

in!) And yes, the huge copper craze is now also passé.

JANUARY 8-14 | ExperienceScottsdaleGolf.com

JANUARY 19-21 | ThunderbirdArtists.com

JANUARY 29-FEBRUARY 2 | WMPhoenixOpen.com

Scottsdale Golf Week

Carefree Fine Art & Wine Festival

Waste Management Phoenix Open

In its second year, Scottsdale Golf Week is a weeklong celebration of golf in Scottsdale and will be a boon for golf travelers; featuring special pricing, unique events and outstanding values on vacation packages at dozens of the city’s most celebrated courses, resorts and attractions. The week includes a variety of golf-themed special events, a sweepstakes, unique dining and shopping opportunities and enticing stay-and-play opportunities at Scottsdale golf resorts.

Featuring more than 155 juried fine artisans, this annual festival (now in its 25th year!) combines fine arts and crafts with an elaborate collection of wines for tasting. With an engraved souvenir wine glass and tasting tickets in hand, guests can stroll through over 5,000 pieces of original art to the soothing sounds of live music filling the air.

As one of North Scottsdale’s signature events and illustrious point-ofpride, the “greatest show on grass” returns to the TPC promising lively tournament play, delicious food and libations, and the best people watching around! Coupled with Scottsdale’s sunny winter weather and a charitable payout in the millions of dollars, it’s understandable why the annual Open is host to hundreds of thousands of residents and visitors each year.

PEDAL POWER Ready for the best bike ride you’ve ever had?

Pedego, manufacturers of quality electric bicycles, has recently opened a North Scottsdale location at Bell Road and Thompson Peak Pkwy.

Available for purchase and service, the location also rents their fleet of powered bikes by the hour and by the day. With a variety of styles to choose from – comfort cruisers, mountain bikes, tandem bikes and more – you can add a little power boost to your ride at any time. PedegoMM.com

COCKTAILS WITH A VIEW Newly opened and located on the rooftop of OdySea’s Modern Grove Views, High Bar offers an exclusive venue overlooking the dolphin habitat at Dolphinaris and with 360-degree vistas of Camelback Mountain, Scottsdale city lights and Salt River Fields. Enjoy specialty house-made bruschettas, fine wine and signature cocktails – all while feeling on top of the world!

ModernGrove.com

january

85255

new

SPOTLIGHT ON

2018

With all the news reports discussing how the local real estate market is faring, we thought it was important to reiterate that the markets behave quite differently from one another depending on area of the Valley, price point, dwelling type and more. Are we in a seller’s market? A buyer’s market? Are homes selling with multiple offers and over list price? Or are buyers able to dominate the negotiations in a sales transaction? Yes, yes, yes and yes! It just depends on what type of market we’re talking about.

One of the best ways to determine the “hotness” of a market is with the Active/Pending Ratio. When we analyze the number of properties for sale along with the number of properties that are under contract, we come up with a ratio that tells us if that segment of the market favors sellers, buyers or is neutral.

A market with a ratio of 50% is a pretty normal market. It favors buyers and sellers about equally. A ratio under 50% tells us it’s tending to a buyer’s market – that there are many more homes on the market than what are currently selling. Conversely, a ratio above 50% shows that there are more buyers than homes available – the perfect example of a seller’s market.

We thought we’d show you some examples of micro markets around the Valley: Any single-family property in Maricopa County priced under $150,000 is currently at a ratio of 139%.

They are selling quickly, and are often sold above list price. That’s a hot seller’s market! Homes in Maricopa County priced above $3,000,000 have a ratio of 6%. Clearly, there is a larger supply than there is demand.

Let’s see how some North Scottsdale zip codes compare:

How to Determine If It’s a Seller’s or Buyer’s Market

Single-Family Homes.....19% Multi-Family Homes..... 32% Homes under $500K.... 46% Homes $500K-$999K... 22% Homes $1M-$1,999K......15% Homes $2M+...............11%

REAL E S TAT E

85262

Single-Family Homes.....17% Multi-Family Homes......21% Homes under $500K.... 35% Homes $500K-$999K... 27% Homes $1M-$1,999K.......8% Homes $2M+................ 7%

& NOTEWORTHY GiveABookGetASmile.com

WHAT THEY DO: Give A Book, Get A Smile is an initiative of local business owner Danielle Hampson in an effort to provide books for disadvantaged or underprivileged individuals. Its mission is to rally authors, readers and publishing professionals to donate books that will be distributed locally, nationally and even around the globe.

Books are collected and donated to children, teens and adults at disadvantaged schools, shelters and homeless communities. Foreign language books are earmarked to be distributed to international locations in which the language is prevalent, and the need is great.

Contact us with questions. We know the market’s ins-andouts and can help you succeed whether you’re buying or selling! 602.320.8415 or lucky@russlyon.com

corner

INTERIOR DESIGN TRENDS for 2018 peak, to warmer metals in matte finishes (brass is

transport us into the wonderful world of imagination, it teaches us,

As with fashion, interior design trends tend to reflect the sentiment of our culture. It seems (according to what was recently

it helps us grow.

shown at the “Mecca of interior design,” High Point

Today’s woods are weathered, rustic, white-

"To some, reading can sometimes be viewed as a chore, but it

in North Carolina) that we’re looking to simplify our

washed. Organic leather is popular as is natural

mostly is an immense pleasure all of us should be able to experience.

lives and our spaces. We are craving comfort, peace,

stone such as granite, marble, even river rock.

Alas, life’s realities beg differently as so many are either challenged

and tranquility. Design trends for 2018 seem to not

Upholstery fabrics are also moving towards comfort,

with reading skills, or challenged with access to books.”

only mirror this mindset, but to softly encourage

with a focus on relaxed and inviting materials. We’re

self-reflection with a nod to the appreciation for the

seeing a lot of suedes and velvets, snugly chenilles

simpler pleasures in life.

and fabrics that offer a pleasant tactile experience.

Homes and office spaces are being designed

As far as color, beige and brown are back!

with comfort and cocooning in mind. From intimate

So, if you hadn’t yet caught up to the grey trend,

reading nooks, to small spaces designated for specific

these warmer neutrals will take center stage in

tasks; we are seeing rooms configured to feel more

2018. Color palettes such as caramel, gold and

warm and snug and to encourage time with family.

champagne or monochromatic color schemes in

There seems to be a simplification of lines in

beiges and creams are back. While neutral tones are

furnishings. Clean lines offer a fresh aesthetic, as

most popular, lively pops of orange and red allow

do geometric and softly curved angles. Organic

for some color. (Notice they’re still warm tones

materials in furnishings and accessories are BIG, as

though?)

are handcrafted items and accents. Think rustic (but

What’s out as far as color? The last couple

polished), distressed (yet modern), and warm tones

of years we’ve seen a surge in the pretty blush

rather than the cool greys that have prevailed for the

pink, often paired with creams, golds or greys. That

last several years.

soft pink will look dated now, as will the bright

There is a shift away from shiny metals such as

jewel-tones that have dominated interior design

chrome and stainless steel that have reached their

recently.

Hampson describes her motivation in starting her campaign.

“Being able to read is more than a life necessity, it has the power to

85266

Single-Family Homes.... 23% Multi-Family Homes..... 33% Homes under $500K.... 32% Homes $500K-$999K....21% Homes $1M-$1,999K: ....18% Homes $2M+...............13%

Photo: Bernhardt Furnishings

HOW CAN YOU HELP? Donate new or gently used books. For children ages 4-12, both picture and chapter books are requested. Young adult and adult fiction, non-fiction and self-help books are in demand. At this time, books written in English, French, Spanish, Chinese, Japanese and Korean are requested and will be donated appropriately.

Email GiveABook@cox.net to reach out to Danielle and make arrangements to donate or simply bring to our Russ Lyon | Sotheby’s office – a designated donation collection site.

in!) And yes, the huge copper craze is now also passé.

JANUARY 8-14 | ExperienceScottsdaleGolf.com

JANUARY 19-21 | ThunderbirdArtists.com

JANUARY 29-FEBRUARY 2 | WMPhoenixOpen.com

Scottsdale Golf Week

Carefree Fine Art & Wine Festival

Waste Management Phoenix Open

In its second year, Scottsdale Golf Week is a weeklong celebration of golf in Scottsdale and will be a boon for golf travelers; featuring special pricing, unique events and outstanding values on vacation packages at dozens of the city’s most celebrated courses, resorts and attractions. The week includes a variety of golf-themed special events, a sweepstakes, unique dining and shopping opportunities and enticing stay-and-play opportunities at Scottsdale golf resorts.

Featuring more than 155 juried fine artisans, this annual festival (now in its 25th year!) combines fine arts and crafts with an elaborate collection of wines for tasting. With an engraved souvenir wine glass and tasting tickets in hand, guests can stroll through over 5,000 pieces of original art to the soothing sounds of live music filling the air.

As one of North Scottsdale’s signature events and illustrious point-ofpride, the “greatest show on grass” returns to the TPC promising lively tournament play, delicious food and libations, and the best people watching around! Coupled with Scottsdale’s sunny winter weather and a charitable payout in the millions of dollars, it’s understandable why the annual Open is host to hundreds of thousands of residents and visitors each year.

PEDAL POWER Ready for the best bike ride you’ve ever had?

Pedego, manufacturers of quality electric bicycles, has recently opened a North Scottsdale location at Bell Road and Thompson Peak Pkwy.

Available for purchase and service, the location also rents their fleet of powered bikes by the hour and by the day. With a variety of styles to choose from – comfort cruisers, mountain bikes, tandem bikes and more – you can add a little power boost to your ride at any time. PedegoMM.com

COCKTAILS WITH A VIEW Newly opened and located on the rooftop of OdySea’s Modern Grove Views, High Bar offers an exclusive venue overlooking the dolphin habitat at Dolphinaris and with 360-degree vistas of Camelback Mountain, Scottsdale city lights and Salt River Fields. Enjoy specialty house-made bruschettas, fine wine and signature cocktails – all while feeling on top of the world!

ModernGrove.com

january

85255

new

SPOTLIGHT ON

2018

With all the news reports discussing how the local real estate market is faring, we thought it was important to reiterate that the markets behave quite differently from one another depending on area of the Valley, price point, dwelling type and more. Are we in a seller’s market? A buyer’s market? Are homes selling with multiple offers and over list price? Or are buyers able to dominate the negotiations in a sales transaction? Yes, yes, yes and yes! It just depends on what type of market we’re talking about.

One of the best ways to determine the “hotness” of a market is with the Active/Pending Ratio. When we analyze the number of properties for sale along with the number of properties that are under contract, we come up with a ratio that tells us if that segment of the market favors sellers, buyers or is neutral.

A market with a ratio of 50% is a pretty normal market. It favors buyers and sellers about equally. A ratio under 50% tells us it’s tending to a buyer’s market – that there are many more homes on the market than what are currently selling. Conversely, a ratio above 50% shows that there are more buyers than homes available – the perfect example of a seller’s market.

We thought we’d show you some examples of micro markets around the Valley: Any single-family property in Maricopa County priced under $150,000 is currently at a ratio of 139%.

They are selling quickly, and are often sold above list price. That’s a hot seller’s market! Homes in Maricopa County priced above $3,000,000 have a ratio of 6%. Clearly, there is a larger supply than there is demand.

Let’s see how some North Scottsdale zip codes compare:

20 18

When it comes to the North Scottsdale lifestyle and area Real Estate, The Luckys are proud to be the eminent source for their clients.

JA N UA RY

With 100s of millions of dollars in sales under their belts,

Lisa | Matt | Laura

The Luckys are honored to be reputed as the most proficient and skilled in the industry.

602.320.8415 | Lucky@RussLyon.com View more luxury listings at LisaLucky.com

In This Issue COMMUNITY CONNECTION ________________ Spotlight on Give A Book, Get A Smile REAL ESTATE UPDATE ________________ Buyer's vs. Seller's Market?

offered at

$2,195,000 ________

YOUR HOME ________________ Interior Design Trends for 2018

MLS #5694866

This extraordinary custom mountainside estate offers luxurious Old-World finishes and offers up-close mountain and dazzling city-light views. The grand foyer impresses with a sweeping staircase, cantera stone columns, stone flooring, and two powder baths ideal for entertaining. The main level includes the great room dining and living area with stone fireplace, den with billiards room, and gourmet kitchen designed to make jaws drop! The balconied upstairs features a home theatre with tiered seating, office, three en suite bedrooms, an exercise room, and multiple balconies. The backyard oasis with heated pool and spa, fireplace, water feature, multiple covered patios and romantic alcoves, and built-in BBQ also houses a beautiful two-room guest house.

25001 N 107th Place | Scottsdale, AZ 85255

Artesano at Troon Village

AROUND TOWN ________________ Scottsdale Events to Enjoy in January

4 Bed + Den + Media 6 Bath 7,752 SQ FT $2,195,000

NEW & NOTEWORTHY ________________ People, Places & Things to Know About FEATURED PROPERTY ________________ Custom Mountainside Home in Artesano at Troon Village

Ever since our modern game of golf was developed in Scotland in the 1400s, golf enthusiasts have found multiple ways to create better equipment and elevate their performance. Parsons Xtreme Golf (PXG), right here in North Scottsdale, is known for using breakthrough technology, inventive materials and sophisticated manufacturing processes to create an exceptional collection of golf clubs.

NEW TOOLS for the

DRIVING IRONS Last summer, PXG unveiled a new line of high-performance driving irons, the PXG 0311X. In a recent press release, the new product is described as “an exceptional option for golfers who want to augment their bag for optimum performance under various playing conditions.

“A low spin club with a striking profile, PXG 0311X driving irons deliver a more penetrating ball flight, keeping the golf ball out of the wind and in the middle of the fairway.

“Like PXG’s celebrated irons, 0311X driving irons are forged and features an ultra-thin face backed with a structural TPE (thermoplastic elastomer) material. The high-strength steel face paired with the TPE produces a more efficient energy transfer, resulting in increased ball speed and more distance.

“A wide sole design and minimal offset help create a CG position that sits low in the club head and closer to the shaft axis, creating less dynamic loft at impact.”

Darkness putter in honor of Black Friday, 2017’s Bat Attack Darkness putter was released with just 1,200 units manufactured.

PXG describes the putter’s design. “The limitededition Bat Attack Darkness features a milled skull insignia and the number 26, representing the 26th Marine Corps Regiment that PXG founder Bob Parsons served with during the Vietnam War. Each club is uniquely numbered according to the order it was milled and comes with an exclusive Darkness grip by Super Stroke and a signature PXG Darkness head cover.

“Part of the PXG milled insert line of putters, Bat Attack is a modified mallet-style design with a face-balanced hang angle. The putter uses a double-bend shaft that creates a half-shaft of offset and weighted alignment wings that provide a subtle visual aid to improve consistency.”

Looking to upgrade your equipment this year? Keep it local and head to PXG.com to schedule a personalized fitting and browse their covet-worthy product line.

Golfer’s Arsenal

PUTTER Last year’s post-Thanksgiving’s Black Friday has brought a limited-edition release from PXG for the second year. Dubbed the

CORPORATE OFFICE:

CONTACT:

The Luckys North Scottsdale 7669 East Pinnacle Peak Road Suite 110 Scottsdale, AZ 85255

602.320.8415 Lucky@RussLyon.com LisaLucky.com