Fabulous waterfront home in exclusive gated community. Live the Ocotillo Lakes lifestyle! Close to shopping, golf, grocery stores, top rated schools, restaurants, Village heath club & spa, Intel, Orbital, Chandler’s Price Corridor & easy access to the freeways! Fabulous interior boasts soaring ceilings, formal living-dining room, family room with cozy fireplace, den perfect for an office, large enclosed loft and plantation shutters throughout. Kitchen includes stainless steel appliances, white cabinets w/crown molding, tile backsplash, walk-in pantry, quartz counters and island with breakfast bar. Master retreat offers a lavish bath with double sink, soaking tub, separate shower and a walk-in closet.
Chandler Real Estate
☀️?Look no further! This home is on the water in Ocotillo Lakes and updated throughout. Close to shopping, golf, top rated schools, Village Health Club & Spa, Intel, Orbital and easy access to the freeways. Ocotillo voted best Community in Arizona! Enjoy peaceful nights and entertaining on the water. Please reach out for more info and to schedule a showing!
Come and see this beautiful 3 bed, 2.5 bath property in Chandler! This home situated on a premium greenbelt lot features grassy and desert landscaping, 2 car garage with built-in cabinets, spacious dining and living areas, plantation shutters, and neutral paint. You can’t miss out on this one! The kitchen offers ample cabinet and counter space, a pantry, matching appliances, recessed lighting, and a lovely island. Inside the fabulous master bedroom you will find a full bath with his&her sinks, separate tub and shower, and a spacious walk-in closet. The stunning backyard is perfect for spending the day outside, with a covered patio, paved seating area, outdoor fireplace, and a refreshing fenced pool! Exterior freshly painted! All in this excellent Chandler location!
Quick Hits: If you’re planning to buy a home in Phoenix, Flagstaff or Prescott, do it now, because prices are going up for the next few years. Investments in single-family rental properties have good potential mainly in Phoenix. Apartment developments have the best potential in Phoenix, where splitting homes into rental units is also attractive, and in Tucson. Mortgages and construction loans have average risk. Best bets for investments in retail are Phoenix, especially the southeast suburbs; worst bets are Tucson and Prescott.
Investing in Arizona no longer means dubious retirement projects in the desert – a kind of Florida West with sand instead of swamp. You can find those too, if you like taking a flyer, but Phoenix and Tucson have grown up and offer investors a range of possibilities. In addition to the big cities, Prescott does cater to retirees, Flagstaff has a younger demographic, and Yuma has a heavily immigrant population; all have different housing needs.
The strongest economic growth, and therefore strongest demand for housing, is in Phoenix, where jobs are being added at twice the national rate – many of them in healthcare, retail, and the large finance sector. Job growth has also been strong in Prescott, mostly in the retail and healthcare sectors as you would expect from the retiree population. Growth in Tucson, on the other hand, has recently been slow. Flagstaff depends heavily on the cyclical tourist trade.
Flagstaff, Tucson and Phoenix have a high proportion of renters, almost 40 percent, but because home prices in the former two are high compared to rents, investing in single-family properties to rent them out is most feasible in Phoenix – where the ratio is much more favorable and where housing needs encourage splitting single-family homes into multiple rental units. The relatively lower pay in the growing retail and healthcare sectors will expand renting in future years.
Mortgages are a good investment right now. Because home prices will keep rising the next few years, the equity cushion for new mortgages will grow quickly; yet prices are in balance with local incomes, so the risk of default will stay average. Construction loans also will have average risk in the growing markets, especially Phoenix, where I expect 60,000 new single-family homes built over the next three years and 60,000 apartments. In Prescott I expect a modest 5,000 homes built and in Tucson 5,000 apartments. In Flagstaff and Yuma I expect less than a thousand new housing units, mainly apartments.
Because of the rapid population growth, investments in retail stores and restaurants are favorable in Phoenix; the suburbs in Pinal County are greatly underserved for both. Such investments in Flagstaff face stronger competition and the cyclicality of tourism. The retail sector has been flat in Prescott and has actually shrunk in Tucson. The large growth of finance and healthcare in Phoenix will probably call for more office space.
View full article at: www.forbes.com
Join us for an open house tomorrow, February 5 from 11AM-2PM!
Come live in luxury in the very desirable Lantana Ranch Subdivision in South Chandler! This single level, split floor-plan with 4 bed, 2 bath and 3 car garage property showcases stunning exterior and fabulous interior featuring carpet and tile floors, and a magnificent $30,000.00 re-modeled kitchen with granite, stainless appliances and cherry Bordeaux custom cabinets. The pristine master bath featuring double sinks, separate tub and shower, and large walk-in closet. Don’t forget the amazing backyard a wonderful place to relax in with multiple seating areas, custom landscape with pavers, and covered patio. Hot water heater replaced in 2014 and AC replaced in 2013 with 10 year warranty.