Scottsdale Real Estate & Community News

Scottsdale real estate is always at the top of mind for The Kay-Grant Group as we assist a lot of individuals every month interested in finding or selling their next piece of Arizona real estate; whether that's looking for Old Town Scottsdale condos for sale, a downtown Phoenix loft for sale, or selling their house in northern Phoenix. The Kay-Grant Group are your premier Scottsdale Realtors.

This blog focuses on topics relevant to the Scottsdale and Phoenix metro real estate community as well as to those residing in The Valley that are interested in things to do around The Valley or the general going-ons in Phoenix and Scottsdale.

Need a Good Real Estate Agent?

If you're interested in purchasing a home and would like to work with premier Scottsdale Realtors, please Contact Us and we can get you setup on a custom search. If you have any interest in selling your home, or just want to know what it's worth, Contact Us and we'll perform a market valuation to let you know what we believe your house, condo, or townhouse could sell for.

March 30, 2020

JUST LISTED! Split 2-Bedroom Optima Camelview Condo

Split Floorplan Optima Camelview Condo

Real Estate in Optima Camelview is Still Being Bought and Sold!

Even though these are tough times, we are still doing everything we can to help our clients buy and sell their Optima Camelview Condos. This unit, located on the second floor, features a 2-bedroom, 2-bathroom split floorplan, with 1,230 square feet of living space. Unit features include dark hardwood flooring, stainless steel appliances, granite countertops, and a large patio area.

Optima Camelview is widely known as the premier luxury condo community in Old Town Scottsdale, and features a variety of resort-style amenities. Residents enjoy two outdoor pools (with spas), an indoor lap pool, indoor basketball and racquetball courts, putting green, dog park, and so much more!

Current listing price is $450,000, and with so much to enjoy about this community, this listing WILL NOT LAST!

Interested in a Showing for this Optima Camelview Condo?

The Kay-Grant Group is dedicated to helping our clients stay safe during these difficult times. If you want to view this beautiful Optima Camelview Condo while staying at home, we are now offering Virtual Tours! For more information about this property, or if you'd like to view it, please call us at 480-387-3990 or fill out our Contact Form.

March 26, 2020

The Life of a Scottsdale AirBnB Investor: February Stats

February Scottsdale Airbnb VRBO Stats

We Had an Incredible February 2020, and the Stats to Prove it!

Between the Waste Management Phoenix Open (which routinely attracts 250,000+ spectators on Saturday alone) and Super Bowl Sunday occurring on February 1st and 2nd, respectively, we had an incredible start to the month, and there was hardly any downtime!

Our occupancy rate was 72.42%, which consisted of seven different groups enjoying their stay at our VRBO property. Since our occupancy rate goal for the year  is 55%, we are off to a great start in 2020.

Thankfully, our guests treated the property extremely well, which minimized the cost for repair. We did, however, decide to replace the toilet paper holders and a few of the towel bars with a sturdier version that could better withstand the constant use. The total cost of repairs added up to $256.38.

February ended with a net income of $12,748.10 prior to paying debt service, interest, insurance, and property taxes.  Since March is another popular tourist time in Scottsdale, we are looking forward to another lucrative month!

February Airbnb/VRBO By the Numbers:

Below is a graph which represents the breakdown of our revenue, expenses, and profit/loss. Hope this provides a more visual guide for easy tracking!

February 2020 Airbnb Graph

Interested in Scottsdale Investment Properties?

We would love to help you find the perfect investment condo or home in Scottsdale and the Greater Phoenix area. For more details on the area, or to schedule a showing for a listing you have your eye on, give us a call at 480-387-3990 or fill out our Contact Form.

March 26, 2020

JUST SOLD: Spacious Gold Canyon Home

Gold Canyon Home Sold

Amazing Home in Peaceful East Valley Community SOLD!

Located approximately 25 minutes east of Mesa, right along Highway 60, Gold Canyon provides some incredible values for prospective home buyers. After just three weeks from going Under Contract, this gorgeous three-bedroom home is now officially SOLD!

Now that the closing process is complete, our client will get to enjoy the spacious 1,858-square-foot floorplan, large master suite, and refreshing backyard pool. The best part? This home closed for under $200 per square foot! If you have been looking for a beautiful spacious home with easy highway access at an affordable price, Gold Canyon might just have what you're looking for.

Interested in Buying a Home for Sale in Gold Canyon?

No matter what area of the Valley you're interested in buying a home in, we have the expertise and experience to make the process a pleasant one! For more information about real estate in Gold Canyon, or any other East Valley suburb, give us a call at 480-387-3990 or fill out our Contact Form

March 26, 2020

JUST SOLD: 2-Bedroom Village at Carefree Condo

Carefree Condo Just Sold

Beautiful Carefree Condo SOLD in Exactly 30 Days!

Nothing has deterred the real estate market in the Greater Phoenix area, and this gorgeous 2-bedroom condo went from Active to SOLD in just one month! Not only were we able to close the transaction well below the average time on market, we also managed to negotiate a sale price slightly below listing. 

Now that the keys have been handed over, our client will get to enjoy everything this condo community and town has to offer, including a sparkling pool and spa, convenient access to Desert Forest Golf Course, and all the shops and restaurants at nearby Sundial Plaza.

If you have been searching for an amazing condo in Carefree, Arizona, we would love to help you!

Interested in Buying a Carefree Condo for Sale?

We go the extra mile to make sure the entire process goes as smoothly as possible. If you have been searching for a Carefree condo for sale, or would like more information about the surrounding area, please call us at 480-387-3990 or fill out our Contact Form.

March 24, 2020

Arizona Executive Order Considers Real Estate Agents an Essential Service

Arizona Real Estate Agents, Title Agencies and Appraisers Considered Essential Services

Late on Monday, March 23, 2020, Arizona Governor Doug Ducey issued an executive order which requires cities and towns throughout the state to coordinate any Stay-at-Home orders. 

Simply put, the executive order prohibits and restricts any entities that are considered essential services from being shut down should the COVID-19 pandemic worsen in the coming weeks. For those who are planning on buying or selling real estate in Arizona, you're in luck: real estate agents, title agencies, and appraisers are all considered essential services, and will be able to continue providing services to their clients, even in the event of a stay-at-home order.

The Kay-Grant Group is doing everything we can to provide our clients the highest level of service while still practicing social distancing and taking every necessary precaution. If you have any questions regarding the steps we are taking to protect our clients, please give us a call at 480-387-3990 or fill out our Contact Form.

In addition to real estate services, the executive order also classifies the following as essential services:

  • Hospitals, public medical services, and manufacturers of personal protective services and biotech companies;
  • Service that provide for the disabled, those with developmental disabilities, foster children, and homeless;
  • Food production firms, internet providers, and construction companies;
  • Laundromats and other laundry services;
  • Government operations, including first responders and child protection services;
  • Grocery and medicine retail services;
  • Financial institutions;
  • Trade services including plumbers, HVAC, electricians, etc.
  • Hardware stores;
  • Post offices, shipping and logistics firms;
  • Any organization which provides social services, such as food banks;
  • Transportation providers;
  • Home-based care services; such as for the elderly and disabled;
  • Supply distribution companies which provide goods for telework and remote workers;
  • Educational institutions;
  • Hotels and motels;
  • Residential services for at-risk populations and shelters.
  • Manufacturers and suppliers of goods;
  • Funeral services
  • and Financial/Accounting services.

The actual executive order can be seen here: https://azgovernor.gov/sites/default/files/eo_2021_0.pdf

March 23, 2020

JUST SOLD: Sixth Floor Optima Camelview Condo

6th Floor Optima Camelview Condo Sold

Spacious Two-Bedroom Optima Camelview Condo SOLD Well Below Average Time on Market!

We love helping our clients sell their Optima Camelview condos, and this one went from listed to SOLD in 98 days. Although this may seem like a long time when compared to the Greater Phoenix/Scottsdale real estate market, it is well under the 160 day average time on market at Optima Camelview.

Our team works tirelessly to get our client's real estate on the market and SOLD as fast as possible, and we would love to put our well-oiled marketing machine to work for you!

Interested in Selling Your Optima Camelview Condo?

Finding a buyer for your Optima Camelview condo doesn't have to be difficult. Our track record of converting listings at Optima Camelview has been stellar, and we will do everything possible to get your unit Under Contract and Sold! For more information, or to schedule a FREE Home Valuation, give us a call at 480-387-3990 or fill out our Contact Form.

March 18, 2020

JUST SOLD: Two-Bedroom Corriente Condo in Scottsdale!

Corriente Condo Just Sold

Beautiful Gated Condo Near Scottsdale Silverado Officially SOLD!

It's always an incredible feeling to hand over the keys to one of our clients, and now that the closing process is complete, they will get to enjoy living in a spacious two-bedroom gated condo in the popular community of Corriente. This condo features 1,625 square feet of living space, stainless steel appliances, granite countertops, and a spacious master suite.

In addition to the incredible floorplan, this condo is also just a short drive from the Scottsdale Silverado clubhouse, and is only 10 minutes away from all the excitement of Old Town Scottsdale.

Interested in Buying or Selling a Condo in Scottsdale?

inventories are low in the Greater Scottsdale area, and if you have been considering selling or buying a condo in the Greater Scottsdale area, now is the time to do so! For more information about our real estate buying and selling services, fill out our Contact Form or give us a call at 480-387-3990.

March 18, 2020

UNDER CONTRACT: Spacious Two-Story Home in Chandler

Two-Story Home in Chandler Under Contract

Beautiful 4-Bedroom Home Less than 5 Minutes From Loop 101!

No matter what, we strive to help our clients with any and all of their real estate needs. This spacious 4-bedroom, 2.5-bathroom two-story home caught our client's eye, and we were just as ecstatic as they were when they received the news that their offer was accepted!

Once the closing process is complete, our clients will get to enjoy a beautiful home in a popular Chandler subdivision, which is a short trip from the Loop 101, and within walking distance from Chandler Fashion Center! 

Interested in Buying a Chandler Home for Sale?

Chandler is one of the most popular suburbs in the Valley, and if you have considered moving to this incredible city, we would love the opportunity to help you! For more information, or to schedule a showing, give us a call at 480-387-3990 or fill out our Contact Form for more details.

March 12, 2020

JUST SOLD: 1-Bed, Two-Bath Optima Camelview Condo

One Bed Two Bath Optima Just Sold

Unique Optima Camelview Floorplan SOLD in just 48 Days

A one-bedroom plus den, two-bathroom condo floorplan can be a difficult sell for any real estate team, but The Kay-Grant Group is not your average real estate team. This beautiful condo was under contract in just a few weeks, and in 48 days, the keys have officially been handed over!

Six-plus weeks to sell a condo might not seem like a great stat, but when you compare it to the 160-day average time on market at Optima Camelview, it's easy to see why we have established ourselves as the Premiere Real Estate Team in Optima Camelview.

Ready to Sell Your Optima Camelview Condo?

Over the last few years, we have helped numerous clients sell their Optima Camelview condo for Maximum Value in less time than the average, and we would love the opportunity to put our expertise to work for you. For more information about our selling service, or to receive a FREE Home Valuation, please fill out our Contact Form or give us a call at 480-387-3990.

March 12, 2020

UNDER CONTRACT: 3rd Floor Luxury Optima Camelview Condo

3rd Floor Optima Camelview Under Contract

Beautiful 3-Bedroom Optima Camelview Condo Under Contract!

We are continuing our success in Optima Camelview, and we are thrilled to share our latest buyer side transaction. Our client loves the spacious open floorplan, huge covered patio terrace, floor-to-ceiling windows, and amazing master suite with a separate shower and tub in the master bathroom.

Once the closing process is complete, our client will also get to enjoy everything the Optima Camelview community has to offer: putting green, fitness center, concierge service, on-site restaurant, indoor/outdoor pool and spa, and so much more!

With our incredible track record, you won't find a better real estate team for buying a condo for sale in Optima Camelview!

Ready to Buy an Optima Camelview Condo?

The Kay-Grant Group goes above and beyond for our clients interested in buying a condo in the luxury community of Optima Camelview. For more information, or to schedule a showing, please call us at 480-387-3990 or fill out our Contact Form.