‘Luxury homebuyers can get more home for the money in Peoria, West Valley,’ featuring real estate consultant Jim Belfiore

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.

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May 23, 2017

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