By Larry Kush I recently read an article in a nationally published apartment industry report called Rent Cafe, which stated that Scottsdale” renters struggled to find an apartment in our city where they met an awful mix of high occupancy rates of 96.3%, and 20 applicants competing for every vacant apartment that on average, stayed available for just 25 days.” … Read More
Russ Lyon Sotheby’s International Realty Presents Properties with the Most Decadent Dining Rooms for this Holiday Season
See why these dining rooms from Arizona’s leader in luxury real estate are so special Arizona’s leader in luxury real estate, Russ Lyon Sotheby’s International Realty, presents the most lavish properties with dining rooms perfect for this holiday season. Dining rooms can often be the centerpiece of a home, and these do not disappoint. The first estate on this luxury … Read More
Econ 101: How to Solve the Valley’s Housing Crisis
I believe that we have a pretty sophisticated readership here, a subscriber base of highly educated people. As such, I assume many of you who are reading this have taken an Economics class or two. If you haven’t, I’ll explain one very simple principle: supply versus demand. Simply put, when supply of a good or service remains steady but demand … Read More
Scottsdale Statistic Of The Day, And A Major Problem
Scottsdale recently received the dubious distinction of being among the top 10 cities in the United States for most expensive rents. “So what”, some may say. Well, here’s why it matters. A whopping 72% of City of Scottsdale employees now live outside the city because it has become too expensive to live in the community. That doesn’t just add to pollution and … Read More
Fallout from Zillow Catastrophe Hits Scottsdale
Last week, Zillow formally announced what could only be seen as an unmitigated corporate disaster: it’s algorithm, which had been automatically purchasing thousands of homes around the country with the intent of selling them at a higher price, had misfired in a big way. The strong majority of its algorithmic sales were for less than what they purchased the homes … Read More
Russ Lyon Sotheby’s International Realty is Proud to Announce the $21.5 Million Sale of “The Castle on The Hill” in Silverleaf Making It the Second Highest Residential Sale in the State (Per Multiple Listing Service)
Arizona’s leading luxury brokerage now holds the records for the first, second and third highest residential sales in Arizona per the MLS Russ Lyon Sotheby’s International Realty is proud to announce the $21.5 million dollar sale of a French inspired Italian estate in the Upper Canyon of Silverleaf in Scottsdale, Arizona. This is now the 2nd highest residential sale in the … Read More
Bitcoin Real Estate News
Luxury Estate Specialist Johnathon De Young of Russ Lyon Sotheby’s International Realty Offers Extraordinary Luxury Condominiums for Sale Using Bitcoin, Ethereum or Cash The Cryptocurrency Option Gives Buyers More Options in This New Digital Era Luxury Estate Specialist Johnathon De Young of Russ Lyon Sotheby’s International Realty, Arizona’s leader in the luxury market, is pleased to announce the availability of … Read More
Guest Editorial: Scottsdale Needs to Make Inclusionary Housing Decisions
By Larry Kush In an article published by the Wall Street Journal less than two months ago, the WSJ said that the United States is millions of housing units behind current demand. In Arizona, this translates to a pre-pandemic need of 230,000 new units – roughly 50,600 in Scottsdale alone. When a spokesman for the Arizona Multihousing Association presented this … Read More
Russ Lyon Sotheby’s International Realty Presents the Top Homes in Tubac, Arizona – the Nation’s Best Small Art Town
A Rich History and Exquisite Modern Touch, These Timeless Tubac Homes Exude Western Luxury (TUBAC, Ariz.) – Recently named the winner of the Best Small Art Town National Contest for its 100 eclectic shops and world-class galleries, Tubac, Arizona has a rich history dating back more than 350-years ago. Located just 45 minutes south of Tucson and with a population … Read More
Lee & Associates Announces the $23.4 Million Sale of the West Park Promenade in Billings, Montana
The Property, a 145,637 Square Foot Shopping Center, was on the Market for just 3 Months and Attracted Multiple Offers (BILLINGS, Mont.) – Lee & Associates, which specializes in providing exceptional commercial brokerage services of industrial, office, investment, multifamily, retail, and land, is pleased to announce the sale of the West Park Promenade in Billings, Montana. Paradise Valley resident, Jan … Read More