November 2022 Live Beautifully

RECENT

activity

offered at

$3,195,000

Sonoran Crest 24375 N 121st Place, Scottsdale, AZ 85255 4 Bed + Den | 3.5 Bath | 4,708 SQ FT | 3-Car Garage

LASTING RELATIONSHIPS. LUXURY LIFESTYLES. LOCAL EXPERTS. When it comes to the North Scottsdale lifestyle and area real estate, these words represent The Luckys' commitment to excellence.

offered at

$1,925,000

LISA LUCKY

Troon Fairways 25764 N 104th Way, Scottsdale, AZ 85255 4 Bed | 4.5 Bath | 4,788 SQ FT | 3-Car Garage

602.320.8415 Lisa.Lucky@RussLyon.com

offered at

$1,325,000

MATT LUCKY 480.390.0445 Matt.Lucky@RussLyon.com

Real Estate Corner: What To Expect As 2022 Comes To A Close

Eagles Glen

Community Connection: American Red Cross Community Blood Drive

10160 E Saddle Horn Trail, Scottsdale, AZ 85255 3 Bed | 3 Bath | 3,076 SQ FT | 2-Car Garage

LAURA LUCKY pending at

Scottsdale Events Around Town

480.390.5044 Laura.Lucky@RussLyon.com

$6,265,000

Troon Canyon Estates 11934 E Buckskin Trail, Scottsdale, AZ 85255 5 Bed + Office + Bonus + Media | 6 Bath | 7,919 SQ FT | 6 Car + 2 Covered

Matt, Lisa and Laura Lucky 602.320.8415 | Lucky@RussLyon.com View more luxury listings at LisaLucky.com 7669 E Pinnacle Peak Road, Suite 110, Scottsdale, AZ 85255

View our luxury listings at LisaLucky.com

Real Estate

corner

What to expect for housing as 2022 wraps up

UN I

Goldie Brown Pinnacle Peak Ranch (Non-HOA)

This exquisite Southwestern contemporary estate is situated on 5.1 private acres on a one-of-a-kind hilltop location. Home is accessed by approx. 2,000 feet of paved private driveway bordered by elegant perimeter fencing. Rare opportunity to own a premier home and lot with nearly 360° unobstructed panoramic views of Pinnacle Peak, city lights, Four Peaks, Troon Mountain, Piestewa Peak, Superstition Mountains, Tonto Hills, and Black Mountain. Designed by Mittelstaedt-Kestler Architects, this irreplaceable home features 7,840 square feet of living space with plentiful glass walls throughout.

E UR

Prices hit their peak in May 2022, shortly after mortgage rates hit 5% and before they peaked over 6% in June. Once that happened, buyer demand dropped dramatically and the reflection in prices started to show a trend downward. Now mortgage rates are near 7% and sale PERTY O R price per square foot is down 9.6% over the course of 4 months, P FE AT UE currently measuring less than 1% higher than January 2022 and Q offered at representing the elimination of appreciation achieved from $4,750,000 January through May. "Stunning views are always new and fresh, evolving over the day.

66% of active sellers in the MLS (new homes excluded) Twilight morning glows have owned their home for 2 years or longer. This means transition to beautiful evening sunsets and city lights. that even with the most recent downturn in price, the 2-year What a sweet life!" appreciation rate from September 2020 to September 2022 is still 40.3% based on per square foot measures, and the median sale price is $112,000 higher, indicating most sellers have enough equity to shoulder the added costs to sell in this marketplace.

Looking Forward: We'd like to believe the market will do what it did following the 2012 recovery period. And that is, get back to the sustainable 4 to 5% average long term appreciation (seen both locally and nationally) and not the 2007-08 crash in the market that essentially wiped out the staggering 45% gains of 2004-05.

Blood Drive WEDNESDAY, NOVEMBER 23 | SCOTTSDALE QUARTER | 8 am - 1 pm Community members that wish to donate blood can schedule their appointment by going on line at www.redcross.org and entering the sponsor code: scottsdalequarter.

Millions of patients — and their families — count on generous volunteer blood donors and our dedicated staff to make sure lifesaving blood always is available.

Every day in the U.S., patients in hospitals, surgical centers and emergency treatment facilities need approximately: 36,000 units of red blood cells • 7,000 units of platelets • 10,000 units of plasma About 6.8 million volunteers give blood in the U.S., which is nearly 26 percent fewer donors than at the beginning of this decade. The result is nearly 4.2 million fewer donations each year. Together, we can reverse this trend and help more people realize their life-transforming potential.

Many people believe that most blood is needed after major disasters. However, daily personal emergencies and ongoing medical needs of thousands of patients require a constant and ready blood supply. It’s the blood already on hospital shelves that saves lives. For more information, visit RedCross.org.

Happy Thanksgiving

Since we can't know how much of a 'correction' we're going to see over the next several months, if you need to sell I would not be gambling on 'recovery' in the near term. Since the gains have been so substantial, it also may be wise to sell sooner than later to preserve what gains you can.

Thanksgiving is one of our favorite days of the year because we are reminded to give thanks and

If you would like to discuss your property in more detail and get a market analysis for your home please reach out to The Luckys at 602.320.8415 or email All.Lucky@RussLyon.com.

count our blessings.

Suddenly, so many things become so little when we realize how blessed and

27401 N 112th Street, Scottsdale, AZ 85262 5 Bed + Office + Media + Bonus + Guest Quarters 6.5 Bath | 7,840 SQ FT | 4-Car Garage

lucky we are.

Lisa, Matt & Laura Lucky

4th Annual Family Fun Harvest Festival November 19th | 11 am – 3 pm Arizona Boardwalk, 9500 East Via de Ventura, Scottsdale, AZ 85256

29th Annual Fall Carefree Fine Art & Wine Festival November 4th, 5th & 6th | 10 am - 5 pm | 101 Easy Street, Carefree, AZ The festival celebrates the return of Arizona's largest wine-tasting event, providing a unique

Join Family Fun Arizona for our Annual Family Fun Harvest Festival on Saturday,

opportunity to sample an extensive collection of domestic and imported wines.

November 19th inside The Arizona Boardwalk. Pick and decorate a mini pumpkin

Patrons come together and enjoy the unparalleled ambience of

while DJ FLO plays music on center stage. Kids will love the bounce houses, slides,

fine art, wine and live musical entertainment. The festival will

face painting and more! Parents can enjoy shopping from our various local vendors

take place in downtown Carefree, at the corner of HoHum

and eating yummy food from a variety of restaurants on property too! Let's celebrate

and Easy streets. Parking is free all weekend.

the cooler weather and have some fun! For tickets, visit eventbrite.com.

Tickets: $5 (cash only) | Wine Tasting Ticket with Souvenir Glass $15 (cash preferred)

FOR ROMANTICS AT HEART Inspired by vintage finds, LoveShackFancy is rich in detail, flattering silhouettes, soft hues, and intricate lace, with an emphasis on whimsical hand-dyed fabrics and enchanting vintageinspired romantic floral prints. Be one of the first to shop their new location, now open in the Scottsdale Quarter and indulge in a whimsical experience in celebration of the store's Grand Opening.

LoveShackFancy.com

INSPIRED MEDITERRANEAN Opening December 2022 in the Scottsdale Quarter, Arboleda takes your senses on a culinary journey of the Mediterranean using the highest quality ingredients; sourced locally whenever possible.

Its lively atmosphere & inspired design make Arboleda the ideal destination for friendly gatherings, special occasions and much deserved happy hours.

Founding trio Mitchell, Steven & Bjorn together with Executive Chef Evan invite you to share their passion for food & hospitality.

ArboledaAZ.com

Real Estate

corner

What to expect for housing as 2022 wraps up

UN I

Goldie Brown Pinnacle Peak Ranch (Non-HOA)

This exquisite Southwestern contemporary estate is situated on 5.1 private acres on a one-of-a-kind hilltop location. Home is accessed by approx. 2,000 feet of paved private driveway bordered by elegant perimeter fencing. Rare opportunity to own a premier home and lot with nearly 360° unobstructed panoramic views of Pinnacle Peak, city lights, Four Peaks, Troon Mountain, Piestewa Peak, Superstition Mountains, Tonto Hills, and Black Mountain. Designed by Mittelstaedt-Kestler Architects, this irreplaceable home features 7,840 square feet of living space with plentiful glass walls throughout.

E UR

Prices hit their peak in May 2022, shortly after mortgage rates hit 5% and before they peaked over 6% in June. Once that happened, buyer demand dropped dramatically and the reflection in prices started to show a trend downward. Now mortgage rates are near 7% and sale PERTY O R price per square foot is down 9.6% over the course of 4 months, P FE AT UE currently measuring less than 1% higher than January 2022 and Q offered at representing the elimination of appreciation achieved from $4,750,000 January through May. "Stunning views are always new and fresh, evolving over the day.

66% of active sellers in the MLS (new homes excluded) Twilight morning glows have owned their home for 2 years or longer. This means transition to beautiful evening sunsets and city lights. that even with the most recent downturn in price, the 2-year What a sweet life!" appreciation rate from September 2020 to September 2022 is still 40.3% based on per square foot measures, and the median sale price is $112,000 higher, indicating most sellers have enough equity to shoulder the added costs to sell in this marketplace.

Looking Forward: We'd like to believe the market will do what it did following the 2012 recovery period. And that is, get back to the sustainable 4 to 5% average long term appreciation (seen both locally and nationally) and not the 2007-08 crash in the market that essentially wiped out the staggering 45% gains of 2004-05.

Blood Drive WEDNESDAY, NOVEMBER 23 | SCOTTSDALE QUARTER | 8 am - 1 pm Community members that wish to donate blood can schedule their appointment by going on line at www.redcross.org and entering the sponsor code: scottsdalequarter.

Millions of patients — and their families — count on generous volunteer blood donors and our dedicated staff to make sure lifesaving blood always is available.

Every day in the U.S., patients in hospitals, surgical centers and emergency treatment facilities need approximately: 36,000 units of red blood cells • 7,000 units of platelets • 10,000 units of plasma About 6.8 million volunteers give blood in the U.S., which is nearly 26 percent fewer donors than at the beginning of this decade. The result is nearly 4.2 million fewer donations each year. Together, we can reverse this trend and help more people realize their life-transforming potential.

Many people believe that most blood is needed after major disasters. However, daily personal emergencies and ongoing medical needs of thousands of patients require a constant and ready blood supply. It’s the blood already on hospital shelves that saves lives. For more information, visit RedCross.org.

Happy Thanksgiving

Since we can't know how much of a 'correction' we're going to see over the next several months, if you need to sell I would not be gambling on 'recovery' in the near term. Since the gains have been so substantial, it also may be wise to sell sooner than later to preserve what gains you can.

Thanksgiving is one of our favorite days of the year because we are reminded to give thanks and

If you would like to discuss your property in more detail and get a market analysis for your home please reach out to The Luckys at 602.320.8415 or email All.Lucky@RussLyon.com.

count our blessings.

Suddenly, so many things become so little when we realize how blessed and

27401 N 112th Street, Scottsdale, AZ 85262 5 Bed + Office + Media + Bonus + Guest Quarters 6.5 Bath | 7,840 SQ FT | 4-Car Garage

lucky we are.

Lisa, Matt & Laura Lucky

4th Annual Family Fun Harvest Festival November 19th | 11 am – 3 pm Arizona Boardwalk, 9500 East Via de Ventura, Scottsdale, AZ 85256

29th Annual Fall Carefree Fine Art & Wine Festival November 4th, 5th & 6th | 10 am - 5 pm | 101 Easy Street, Carefree, AZ The festival celebrates the return of Arizona's largest wine-tasting event, providing a unique

Join Family Fun Arizona for our Annual Family Fun Harvest Festival on Saturday,

opportunity to sample an extensive collection of domestic and imported wines.

November 19th inside The Arizona Boardwalk. Pick and decorate a mini pumpkin

Patrons come together and enjoy the unparalleled ambience of

while DJ FLO plays music on center stage. Kids will love the bounce houses, slides,

fine art, wine and live musical entertainment. The festival will

face painting and more! Parents can enjoy shopping from our various local vendors

take place in downtown Carefree, at the corner of HoHum

and eating yummy food from a variety of restaurants on property too! Let's celebrate

and Easy streets. Parking is free all weekend.

the cooler weather and have some fun! For tickets, visit eventbrite.com.

Tickets: $5 (cash only) | Wine Tasting Ticket with Souvenir Glass $15 (cash preferred)

FOR ROMANTICS AT HEART Inspired by vintage finds, LoveShackFancy is rich in detail, flattering silhouettes, soft hues, and intricate lace, with an emphasis on whimsical hand-dyed fabrics and enchanting vintageinspired romantic floral prints. Be one of the first to shop their new location, now open in the Scottsdale Quarter and indulge in a whimsical experience in celebration of the store's Grand Opening.

LoveShackFancy.com

INSPIRED MEDITERRANEAN Opening December 2022 in the Scottsdale Quarter, Arboleda takes your senses on a culinary journey of the Mediterranean using the highest quality ingredients; sourced locally whenever possible.

Its lively atmosphere & inspired design make Arboleda the ideal destination for friendly gatherings, special occasions and much deserved happy hours.

Founding trio Mitchell, Steven & Bjorn together with Executive Chef Evan invite you to share their passion for food & hospitality.

ArboledaAZ.com

RECENT

activity

offered at

$3,195,000

Sonoran Crest 24375 N 121st Place, Scottsdale, AZ 85255 4 Bed + Den | 3.5 Bath | 4,708 SQ FT | 3-Car Garage

LASTING RELATIONSHIPS. LUXURY LIFESTYLES. LOCAL EXPERTS. When it comes to the North Scottsdale lifestyle and area real estate, these words represent The Luckys' commitment to excellence.

offered at

$1,925,000

LISA LUCKY

Troon Fairways 25764 N 104th Way, Scottsdale, AZ 85255 4 Bed | 4.5 Bath | 4,788 SQ FT | 3-Car Garage

602.320.8415 Lisa.Lucky@RussLyon.com

offered at

$1,325,000

MATT LUCKY 480.390.0445 Matt.Lucky@RussLyon.com

Real Estate Corner: What To Expect As 2022 Comes To A Close

Eagles Glen

Community Connection: American Red Cross Community Blood Drive

10160 E Saddle Horn Trail, Scottsdale, AZ 85255 3 Bed | 3 Bath | 3,076 SQ FT | 2-Car Garage

LAURA LUCKY pending at

Scottsdale Events Around Town

480.390.5044 Laura.Lucky@RussLyon.com

$6,265,000

Troon Canyon Estates 11934 E Buckskin Trail, Scottsdale, AZ 85255 5 Bed + Office + Bonus + Media | 6 Bath | 7,919 SQ FT | 6 Car + 2 Covered

Matt, Lisa and Laura Lucky 602.320.8415 | Lucky@RussLyon.com View more luxury listings at LisaLucky.com 7669 E Pinnacle Peak Road, Suite 110, Scottsdale, AZ 85255

View our luxury listings at LisaLucky.com