November 19, 2024 1:24 am
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‘Luxury homebuyers can get more home for the money in Peoria, West Valley,’ featuring real estate consultant Jim Belfiore

A model kitchen and living room in a home in the Estates at The Meadows luxury community in Peoria. (Photo: Maracay Homes)

By Laura Gomez | The Republic

Deep-pocketed homebuyers looking for luxury homes have long turned to Paradise Valley, Scottsdale or Phoenix’s Biltmore area. But in recent years, the West Valley has seen more homes sprout with desert views, big lots, exclusive amenities and price tags approaching $1 million.

Less than a handful of luxury residential neighborhoods existed in the West Valley three years ago, but that has doubled, according to real estate consultant Jim Belfiore.

“The reason is consumers are more optimistic about the future, they have more financial wherewithal, jobs are back and the West Valley is offering a good opportunity for folks to expand their products,” said Belfiore, president of Belfiore Real Estate Consulting in Phoenix.

Continued:

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.