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Victoria Felice's Blog

By Victoria Felice | Agent in Scottsdale, AZ
  • Own a Paradise Valley 85253 Home

    Posted Under: Home Buying in Paradise Valley, In My Neighborhood in Paradise Valley  |  June 13, 2013 9:51 AM  |  588 views  |  No comments

    Own a Paradise Valley 85253 Home

    Own a Paradise Valley 95253 Home - Tax breaks are just one of the perks to homeownership, especially in Paradise Valley.Why should you own a Paradise Valley 85253 home?  Besides the beautiful views and amazing properties available, Paradise Valley 85253 home ownership is much more cost effective than renting.  The tax breaks home owners receive mean that you can upgrade from your current rental without having to change your quality of life.

    Paradise Valley Home Tax Breaks

    Search the MLS for your next Paradise Valley homeOne of the perks you receive when you own a Paradise Valley 85253 home is that you can deduct any prepaid interest you had when you secured your mortgage loan as long as you meet certain requirements.  Always check with your accountant before taking any deduction to ensure that you are following the rules.  Prepaid interest includes loan origination fees, points and any discount loan fees on your settlement statement, whether you or the seller paid them.

    Property taxes are also deductible when you own a Paradise Valley 85253 home.  This includes the taxes you pay in the year you purchase your home as well as all subsequent years that you own it.

    Private Mortgage Insurance (PMI) is required by mortgage companies when you finance more than 80% of the sales price of a home.  There is no getting around this unless you put at least 20% down.  The good news is that, when you own a Paradise Valley 85253 home, you can deduct the PMI on your taxes.

    More and more workers are telecommuting nowadays.  A home office is almost as prevalent as a home computer.  Any office space you set up at your home that is used strictly for business may be eligible for a tax deduction.  This includes all expenses related to running that office, including utilities, insurance and even a portion of your monthly mortgage payment. 

    These are only a few of the many tax breaks you receive when you own a Paradise Valley 85253 home.  I am not a CPA nor am I a tax professional in any way.  Always speak with your accountant BEFORE you write off any expenses on your taxes.  You are ultimately responsible for what you claim on your taxes no matter who prepares them.  So, you'd better make sure that you aren't deducting things that will bring Uncle Sam knocking on your door

    FEATURED PARADISE VALLEY HOME FOR SALE!

    5420 Royal Palm Rd, Paradise Valley, AZ - Click here for more info on this great PV home 

    This is what $1M will buy you in Paradise Valley. True 1963 PV ranch-style property! CALL ME at (602) 359-5432! 

    Victoria Felice, Providing Exquisite Homes to Exceptional People in the North Scottsdale Area 

    Originally posted on my Northeast Scottsdale real estate blog here: http://www.northeastscottsdale.com/own-a-paradise-valley-85253-home/.

  • Paradise Valley Home Sales 85253 Are Looking Good

    Posted Under: Market Conditions in Paradise Valley, Home Buying in Paradise Valley, Home Selling in Paradise Valley  |  June 6, 2013 1:17 PM  |  812 views  |  No comments

    Paradise Valley Home Sales 85253 Are Looking Good

    Paradise Valley home sales 85253 are looking good. Paradise Valley home sales are on the rise is the median sales price.According to the research done by Fletcher Wilcox with The Wilcox Report, Paradise Valley home sales 85253 are looking good!  Currently with Grand Canyon Title, Fletcher contributes pieces to the Arizona Journal of Real Estate & Business as well as Arizona Realtor Magazine.  He also stars in the video below regarding my recent Happy Seller of Casa Marival in Paradise Valley.

    Paradise Valley homes sales 85253 are looking good, just ask my happy seller!


    According to Fletcher, the Greater Phoenix area real estate market is experiencing a resurgence.  As of April 2013, the median sales price hit its highest levels since August 2008.  Prices have increased as much as 63% since the bottom of the Greater Phoenix area market in August 2011.  By extension, Paradise Valley home sales 85253 are looking good, too.  Existing home sales were almost 4% higher in April than the same time last year, marking the first year-over-year increase in 14 months. Search the MLS for your next Paradise Valley home That's great news for sellers who were previously underwater on their homes and wanted to wait for prices to increase before selling.

    Read Fletcher Wilcox's The Wilcox Report in its entirety here

    Real estate experts predicted last year that 2013 would be the time that home prices would increase.  Thanks to decreased inventory of foreclosures and short sales, continuing low interest rates and an increased demand for traditional home sales, it would appear that the experts were right,  Paradise Valley home sales 85253 are looking good.  If you want to grab a piece of the Paradise Valley real estate pie for yourself, contact me now.  I am not afraid to roll up my sleeves and get to work for you!

    FEATURED CUSTOM PARADISE VALLEY HOME FOR SALE!

    6615 N 39th Way Paradise Valley AZ - This totally custom home is currently under construction in Paradise Valley 

    New! Custom! All the style...yet "green".  Four car garage and short drive to the airport.  CALL ME at (602) 359-5432! 

    Victoria Felice, Providing Exquisite Homes to Exceptional People in the North Scottsdale Area 

    Originally posted on my Northeast Scottsdale real estate blog here: http://www.northeastscottsdale.com/paradise-valley-home-sales-85253-are-looking-good/.

  • Exciting New Paradise Valley Luxury Homes

    Posted Under: Quality of Life in Paradise Valley, Home Buying in Paradise Valley, In My Neighborhood in Paradise Valley  |  March 28, 2013 12:58 PM  |  346 views  |  No comments
    The Residences® at the Ritz-Carlton are an exciting new Paradise Valley luxury master-planned resort community that have Scottsdale and Paradise Valley residents buzzing with excitement!What comes to mind when you hear "Ritz-Carlton"?  Luxury, elegance and quality are the first three words that pop into my head.  Then, you can imagine how exciting it is to hear that they will be developing brand new luxury homes right here in Paradise Valley.

    Search the MLS for your next Paradise Valley homeThe Residences® at the Ritz-Carlton is a 110 acre master-planned resort community that will include all the luxurious amenities that Ritz-Carlton is so well known for.  Members of the community can relax the stress away at the Ritz-Carlton's luxury spa.  Keep fit with the most up-to-date fitness equipment in their fitness center.  Work on your lean swimmer's physique in the lap pool.  Unwind in the sauna or spend time with your significant other in the his-and-hers whirlpools.

    Click here to see the site plan for The Residences® at the Ritz-Carlton Paradise Valley

    There are five separate floor plans to choose from at The Residences® in Paradise Valley, beginning with the 2 bed/2.5 bath 2245 square foot Villa Palma model all the way up to the 3 bed + office/3.5 bath 2840 square foot Villa Paraiso.  This amazing Paradise Valley resort community has taken the name "paradise" and made it a reality with its beautiful fountained courtyards, serene ponds and plenty of leafy foliage to create the perfect oasis in the desert.  There are several private areas set up around the grounds where anyone can lounge.

    Located on the border of Scottsdale and mere minutes from the bustling Phoenix metropolis, The Residences® at the Ritz-Carlton is luxury living at its finest.  I promise to keep you up to date on the latest info regarding this aptly named Paradise Valley community as it develops.  When you're ready to partake in the sumptuousness that is the Ritz-Carlton brand, just let me know.  I'd be happy to show you more about these exciting new Paradise Valley luxury homes.

    FEATURED PARADISE VALLEY HOME

    7300 N 70th St, Paradise Valley, AZ - Click here for more info on this beautiful Paradise Valley home

    Feel like you're going to a resort without ever leaving your home!  CALL ME at (602) 359-5432! 

    Victoria Felice, Providing Exquisite Homes to Exceptional People in the North Scottsdale Area

    Click here to search homes for sale in Scottsdale by zip code

    Originally posted on my Northeast Scottsdale real estate blog here: http://www.northeastscottsdale.com/exciting-new-paradise-valley-luxury-homes/.

  • Scottsdale 85255 Home Buyers Want More AND Less

    Posted Under: Quality of Life in Scottsdale, Home Buying in Scottsdale, In My Neighborhood in Scottsdale  |  March 14, 2013 2:30 PM  |  306 views  |  No comments

    There are plenty of beautiful view lots still available in North Scottsdale, Paradise Valley and Grayhawk to build your own custom estate home!The real estate market is in for a change this year. Experts predict that the demand for homes will increase in 2013, which means that we are going to see an increase in prices as well. For the Scottsdale real estate investor, this means taking advantage of the low interest rates to get a good deal on a property now. They say that less is more. However, Scottsdale 85255 home buyers want more AND less.

    Search the MLS for your next Scottsdale, DC Ranch or Paradise Valley homeNew construction is on the rise everywhere, including the Scottsdale, Paradise Valley and Grayhawk areas. While builders are busy trying to make up for the down market they have experienced for the last few years, you could have the satisfaction of building your own North Scottsdale home from the ground up on a large parcel of land. Design a completely new custom or estate home to your exact specifications on a spacious lot with amazing views of the desert surroundings. All you have to do to start is find the right Scottsdale luxury estate lot.

    There are plenty of beautiful, spacious view lots available in North Scottsdale just waiting for the perfect buyer. If you want more land and less home, Scottsdale 85255 is where you need to look. A smaller home means less maintenance costs and more time spent enjoying your natural surroundings. When you're ready to look for your next Scottsdale, Paradise Valley or Grayhawk property, contact me.

    FEATURED PARADISE VALLEY LISTING

    5227 Arroyo Rd, Paradise Valley, AZ - Click here for more info on this beautiful Paradise Valley home for sale

    Gorgeous hillside home with large yard, 45′ lap pool and boccie court. CALL ME at (602) 359-5432!

    Victoria Felice, Providing Exquisite Homes to Exceptional People in the North Scottsdale Area

    Click here to search homes for sale in Scottsdale by zip code

    Originally posted on my Northeast Scottsdale Homes real estate blog here: http://www.northeastscottsdale.com/scottsdale-85255-home-buyers-want-more-and-less/.

  • Paradise Valley Market Report

    Posted Under: Market Conditions in Paradise Valley, Home Buying in Paradise Valley, Home Selling in Paradise Valley  |  March 7, 2013 2:58 PM  |  586 views  |  No comments
    Whether buying or selling a Paradise Valley, DC Ranch, Grayhawk or North Scottsdale home, this is a great time to be in the market!According to the latest statistics from Maricopa County's FlexMLS System, the real estate market in Paradise Valley, DC Ranch, Grayhawk, North Scottsdale and Phoenix area continues to be competitive. With interest rates remaining low and demand for housing increasing, this trend doesn't look like it will let up anytime soon. But it is always a good idea to keep an eye on what's happening in the Paradise Valley real estate market before you buy or sell a property.

    Search the MLS for your next Scottsdale, DC Ranch or Paradise Valley homeIn January 2013, bank-owned homes/foreclosures actually saw a slight increase (from 12% in December to 15% in January). However, short sales decreased sharply (from 26.9% to 18%). Non-distressed Paradise Valley area properties, ie, traditional home sales, made up approximately 67% of all homes sold in January.

    The median sales price for Phoenix area homes dipped slightly (from $218,945 in December to $216,076 in January). That still makes January the second highest monthly average for the last three years, just behind December's high. It's also over $100,000 higher than October 2011's $158,517 average. In Paradise Valley, the median sales price was $1,097,120.

    As you can see, the sales prices are quite different depending on where in the Phoenix area you are looking. That's why it's so important to have a knowledgeable real estate professional on your side. For sellers, hiring someone who knows the latest market trends in your neighborhood will help you decide on an appropriate listing price. Starting off with the right price will help bring in buyers and can help you sell your Paradise Valley home much faster than listing it too high. For buyers, knowing what other homes are selling for in the area will help you determine whether the home is worthy of investing in as well as help you when it comes time to negotiate a deal.

    When you're ready to either buy or sell your Paradise Valley, DC Ranch, Grayhawk or North Scottsdale home, please contact me. Interest rates are still low enough that buyers should consider investing in the market. With area homes selling at slightly higher than 97% of the list price, the time is right for you to sell your property as well.

    FEATURED PARADISE VALLEY LISTING

    5227 Arroyo Rd, Paradise Valley, AZ - Click here for more info on this beautiful Paradise Valley home for sale

    Gorgeous hillside home with large yard, 45' lap pool and boccie court. CALL ME at (602) 359-5432!

    Victoria Felice, Providing Exquisite Homes to Exceptional People in the North Scottsdale Area

    Originally posted on my Northeast Scottsdale real estate blog here: http://www.northeastscottsdale.com/paradise-valley-market-report/.

    Click here to search homes for sale in Scottsdale by zip code

 
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