Scottsdale AZ Real Estate

Scottsdale is bordered to the west by Phoenix and Paradise Valley, to the north by Carefree, to the south by Tempe, and to the east by Fountain Hills and the Salt River Pima-Maricopa Indian Community.

North Scottsdale Arizona

North Scottsdale is currently the most actively developed area of Scottsdale as it was historically the least built up. This portion of the city also claims many of the most expensive homes in the country, with many exceeding $5 million in value. The city's borders rapidly expand to the east and west in this area, containing the McDowell Mountain range. Much of the residential boom in North Scottsdale is driven by the fast growth of Scottsdale Airpark, the second largest employment center in the Phoenix metropolitan, and estimated to become the largest by 2010.

The Scottsdale Airpark, home to over 55,000 employees, 2,600 businesses and 23,000,000 square feet (2,100,000 m2) of office space is expected to continue growing by over 3,000 employees per year. Many important companies are headquartered or have regional headquarters in the park, including AXA, GE Capital, DHL, Discount Tire Company, Fidelity Investments, JDA Software and The Vanguard Group.

The city of Scottsdale is second only to New York City as having more AAA Five-Diamond hotels and resorts than any other city in the United States. In 2008, AAA bestowed five such properties in Scottsdale with the highest honor: The Phoenician, The Canyon Suites, Scottsdale Camelback Inn, Four Seasons Resort Scottsdale at Troon North, and the Fairmont Princess Resort and Spa.

Due to the area's high concentration of full-service hotels and resorts, other major tourism-based industries have flourished as a result, most notably with the abundance of first-class golf courses, destination spas, and of course the corporate meeting, convention and conference market. Many national and international companies consider Scottsdale one of the top destinations for such events.

Scottsdale boasts the highest number of destination spas per capita of any city in the United States, further pushing Scottsdale's already robust national reputation as premiere destination for tourism and leisure.

The region's year-round warm weather and abundant sunshine is a major factor in Scottsdale's tourism appeal. In particular, during the winter season, when thousands of wealthy tourists from the Midwest, the northeast, and as far away as Canada, flood the area with long-term visits (known locally as "snowbirds"). These tourists, who often practice the same migration routine annually, also often end up purchasing second homes in the area.

September Sales of US Existing Homes Jump More Than Forecast
Bloomberg - by Bob Willis -- Sales of existing US homes climbed in September to the highest level in more than two years as homebuyers rushed to ... Full Home Sales Story

Home sales rise 9.4 percent in September
The Associated Press by Alan Zibel -- WASHINGTON — Home resales rose far more than expected last month to the highest level in more than two years as buyers scrambled to complete their purchases ... Full Home Sales Story

September Existing Home Sales Rebound to 2-Year High
ABC News by Lucia Mutikani, Chizu Nomiyama -- WASHINGTON (Reuters) - Sales of previously owned US homes surged to their highest level in over two years in September, a survey showed on Friday, ... Full Home Sales Story

Over the past several years however, Scottsdale's growing abundance of trendy, high-end nightlife, upscale restaurants, art galleries and luxury shopping, has made it a highly popular travel destination for the younger white-collar, and more style-conscious, travel set.

The famed Mayo Clinic has one of its three major branches in Scottsdale. This and its resulting effects have made Scottsdale a strong destination nationally for medical care.

Want to know more about the possibilities in Scottsdale, AZ?
Call Sandra Weber (480) 776-4356 for a personal Scottsdale Real Estate Consultation.