April 25, 2024 9:35 am
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Buyers still lining up in droves to buy a piece of the Valley’s wealthiest ZIP codes

By Angela Gonzales | Phoenix Business Journal

Demand for luxury homes skyrocketed during the Covid-19 pandemic, leaving few empty lots for homebuilders who want to capitalize on the hot market in the Valley’s wealthiest ZIP code.

That ZIP code — 85253 — primarily makes up the enclave of Paradise Valley in the northeast Valley known for its large lot sizes and where many celebrities and professional athletes call home.

The exclusive area is desirable for one simple reason, said luxury real estate agent Scott Grigg: “Quality of life.”

Read the full subscription story from the Phoenix Business Journal.

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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.