By Terrance Thornton | Digital Free Press
As the adage goes, ‘value is found in the price you pay for something’ but in the Phoenix metropolitan housing market the value-and-price pendulum has swung backwards, depending on who you ask.
As with all things, there are levels to this, and the single-family housing market has certain marketplace tenets at each price point. This story seeks to understand the rare air of luxury real estate and how the 21st century is changing the ebbs and flows of the profession.
The Arizona Digital Free Press spoke with two experts in the field:
- Frank Aazami, principal at The Private Client Group part of Russ Lyon Sotheby’s International Realty; and
- Walt Danely principal at Walt Danley Christie’s International Real Estate.
For both experts they say value is found in the price you pay for something but in modern luxury real estate consumers are looking for best-in-class properties. Period.
In recent years, Mr. Danley has expanded his practice to include the coveted north Scottsdale community — places like Desert Mountain and Silverleaf for example — because in modern luxury there is more than one destination for those seeking the best of Arizona properties.
