EVENT CALENDAR T H I N K
MARCH | APRIL 2018
FOR WHAT
NASCAR Monster Energy Cup Series 500 ISM Raceway - Avondale | March 9-11 ISMraceway.com Don’t miss your opportunity to experience NASCAR Goes West with Champions Kevin Harvick and Kyle Busch taking on young guns like Kyle Larson and Chase Elliott on the track. Take off Friday and start your party at the track a day early! Come on out and get your need for speed!
Innings Festival Tempe Beach Park |March 23-25 InningsFestival.com Innings Festival is a three-day event that will feature rock, pop and country performances from 36 artists on three stages, culinary demos, as well as curated food vendors. Innings Festival is the can’t-miss celebration for music lovers and passionate baseball fans including enthusiasts traveling to watch their favorite teams in Arizona Spring Training.
Phoenix Film Festival Harkins Scottsdale/101 Theatre | April 5th-15th PhoenixFilmFestival.com The Phoenix Film Festival will screen more than 175 feature films and shorts. Attendees will be a part of screenings; Q&A sessions with producers, director and talent; enjoy world-class entertainment; an impressive silent auction and more. All parties and workshops are held right on site so you don’t miss a thing.
Scottsdale Culinary Festival Scottsdale Civic Center Mall |April 14th & 15th ScottsdaleFest.org Highlights of the Scottsdale Culinary Festival include 40 local restaurants, 30 craft breweries, 20 bands, a teen cooking challenge, chef demos, family zone, wine garden and much more. The Scottsdale Culinary Festival is the opportunity to taste as many foods from as many restaurants as your stomach will allow. Registration required. Ages 8+.
MATTERS
MOST I RESIDENTIAL REAL ESTATE T
he residential resale market in Greater Phoenix continued to strengthen in 2017 and prices are poised to continue improving faster than the rate of inflation into 2018, particularly in the lower price ranges. For the overall market across Greater Phoenix, price trends capping off 2017 are as follows according to Arizona Regional MLS sales: • The annual average price per square foot rose 6.4% from $141.29 to $150.37 • The annual average sales price increased 7.2% from $277,476 to $297,317 • The annual median sales price gained 6.6% from $225,000 to $239,900 Sales volume increased 6.4% from an annual rate of 87,920 to 93,511. This makes 2017 the highest year since 2011 and the fourth highest year overall for sales volume. Total dollar volume increased 14% from $24.4 billion to $27.8 billion, placing 2017 in second place overall for total money spent on residential resale transactions. The market continues to favor sellers, especially under $275,000. Over 51% of newly constructed condominiums, townhomes and single family residences sold were between $275,000 and $500,000 as of November 2017. The lack of new construction in the lower price ranges has created an opportunity for flip investors looking to capitalize on demand from first-time homebuyers for move-in ready homes. Supply remains extremely short for homes under $200,000, which constitutes nearly 34% of all sales in Greater Phoenix. This large market share throws some influence on overall measures for the Valley, especially when it comes to appreciation. While the overall appreciation rate for Greater Phoenix is 6.4%, it’s not uncommon to see appreciation rates soar over 8% on properties under $200,000 and drop to 3-4% annually for the nearly 51% that sell between $200,000 and $400,000. Prospects for more supply on the low end are slim these days. Buyers between $400,000 and $1.5M will find a more balanced market with extra wiggle room for price negotiations. Higher inventory in the market over $1.5M is causing prices to decline despite a 17% increase in sales volume, good news for luxury buyers in this price point. Arizona and the U.S. economy enjoyed one of the best years in recent memory. For most of 2017, every week seemed to be yet another good week for the economy. Overall the market remains healthy and 2018 will be a better year for the economy and residential real estate overall.
REAL ESTATE
corner
f you’re like most people, you’ve considered signing up for one of those monthly subscription boxes available online. Or maybe you’ve already started a subscription … or two or three. Whether it’s makeup, clothes, meal-kits, or doggy toys, what’s not to like about handpicked treats landing on your doorstep every few weeks? It’s like Christmas every month of the year. If you’re new to the subscription scene, here are a few places to get started. Into clothes? Here are a few options: StitchFix, now for men as well as women, offers clothing delivered to your door every month. A personal stylist picks duds for you based on a style profile; the box arrives at your door, you keep what you like, send the rest back. Even better, Nordstrom now offers Trunk Club, which is similar to StitchFix, but sends you a preview of everything that will arrive in your trunk allowing you to swap out items before they ship. Brilliant! If beauty products are more your thing, check out Birchbox, a monthly subscription box that delivers five personalized sample-size cosmetic items to your door for only $10. It’s a good way to try out pricey products that in the end may not work for you. Sephora offers a similar monthly subscription box called Play! You take a
IN GOOD TASTE
Pheonix | Feb 23 - March 23 CactusLeague.com Cactus League Spring Training, a seasonal rite in Greater Phoenix, roars to life every March with the iconic sounds of cracking bats, snapping mitts and happy fans. For baseball lovers, it doesn’t get much better than this: sunny weather, affordable tickets and unparalleled proximity to the best players in the game.
THE BOX
MAKE ROOM
Cactus League Spring Training
I N S I D E
survey, and Sephora sends curated sample-sized products to your mailbox once a month plus online instructional how-to-use videos (also $10 a month). Love the idea of perfume but don’t love the high prices and getting stuck with a whole bottle of a scent you can’t stand? Then Scentbird may be for you. This monthly subscription box delivers a new scent to your door every month for $14.95. You choose from more than 450 scents, then switch it up every month, allowing you to test drive scents before making a commitment. No doubt, you’ve also been bombarded with flyers for at least a few of the ubiquitous meal-kit subscription boxes. Hello Fresh (which offers vegetarian options and premeasured ingredients), Blue Apron (which provides how-to instructional cooking), and Plated (which allows for special dietary adjustments and flexibility of delivery) are a few to consider. And did you know there are even subscription boxes for your doggy (BarkBox delivers new toys and treats to your fluffy friend every month for $20) and your kids (Kiwi Co. offers a KiwiCrate science or art-focused toy every month) so no one will be left out of this new shopping trend. Heading to the mailbox has never been this much fun!
Sriracha Lime-Glazed Salmon
INGREDIENTS
2 tsp lime zest 1 tbl lime juice 1/4 cup of honey 2 tbl Sriracha 2 small cloves garlic, finely chopped 4 wild salmon fillets (about 4 oz each) 2 tsp sesame or olive oil Salt and pepper to taste Sesame seeds (optional) Sliced green onions (optional)
DIRECTIONS Whisk together grated lime peel, lime juice, honey, sriracha and garlic in small bowl. Reserve half of the mixture. Season salmon with salt and pepper. Brush with a little sriracha mixture. Heat oil in large ovenproof skillet over medium-high heat. Once oil starts to shimmer, add salmon, flesh-side-down. Cook for 1 minute or until golden. Flip over. Brush with sriracha mixture. Bake in skillet at 425° F for 10 minutes, brushing with sriracha mixture halfway through. Fish is done when it flakes easily when tested with a fork. Drizzle with reserved sriracha mixture. Sprinkle with sesame seeds and green onions.
www.GoodNes.com
EVENT CALENDAR T H I N K
MARCH | APRIL 2018
FOR WHAT
NASCAR Monster Energy Cup Series 500 ISM Raceway - Avondale | March 9-11 ISMraceway.com Don’t miss your opportunity to experience NASCAR Goes West with Champions Kevin Harvick and Kyle Busch taking on young guns like Kyle Larson and Chase Elliott on the track. Take off Friday and start your party at the track a day early! Come on out and get your need for speed!
Innings Festival Tempe Beach Park |March 23-25 InningsFestival.com Innings Festival is a three-day event that will feature rock, pop and country performances from 36 artists on three stages, culinary demos, as well as curated food vendors. Innings Festival is the can’t-miss celebration for music lovers and passionate baseball fans including enthusiasts traveling to watch their favorite teams in Arizona Spring Training.
Phoenix Film Festival Harkins Scottsdale/101 Theatre | April 5th-15th PhoenixFilmFestival.com The Phoenix Film Festival will screen more than 175 feature films and shorts. Attendees will be a part of screenings; Q&A sessions with producers, director and talent; enjoy world-class entertainment; an impressive silent auction and more. All parties and workshops are held right on site so you don’t miss a thing.
Scottsdale Culinary Festival Scottsdale Civic Center Mall |April 14th & 15th ScottsdaleFest.org Highlights of the Scottsdale Culinary Festival include 40 local restaurants, 30 craft breweries, 20 bands, a teen cooking challenge, chef demos, family zone, wine garden and much more. The Scottsdale Culinary Festival is the opportunity to taste as many foods from as many restaurants as your stomach will allow. Registration required. Ages 8+.
MATTERS
MOST I RESIDENTIAL REAL ESTATE T
he residential resale market in Greater Phoenix continued to strengthen in 2017 and prices are poised to continue improving faster than the rate of inflation into 2018, particularly in the lower price ranges. For the overall market across Greater Phoenix, price trends capping off 2017 are as follows according to Arizona Regional MLS sales: • The annual average price per square foot rose 6.4% from $141.29 to $150.37 • The annual average sales price increased 7.2% from $277,476 to $297,317 • The annual median sales price gained 6.6% from $225,000 to $239,900 Sales volume increased 6.4% from an annual rate of 87,920 to 93,511. This makes 2017 the highest year since 2011 and the fourth highest year overall for sales volume. Total dollar volume increased 14% from $24.4 billion to $27.8 billion, placing 2017 in second place overall for total money spent on residential resale transactions. The market continues to favor sellers, especially under $275,000. Over 51% of newly constructed condominiums, townhomes and single family residences sold were between $275,000 and $500,000 as of November 2017. The lack of new construction in the lower price ranges has created an opportunity for flip investors looking to capitalize on demand from first-time homebuyers for move-in ready homes. Supply remains extremely short for homes under $200,000, which constitutes nearly 34% of all sales in Greater Phoenix. This large market share throws some influence on overall measures for the Valley, especially when it comes to appreciation. While the overall appreciation rate for Greater Phoenix is 6.4%, it’s not uncommon to see appreciation rates soar over 8% on properties under $200,000 and drop to 3-4% annually for the nearly 51% that sell between $200,000 and $400,000. Prospects for more supply on the low end are slim these days. Buyers between $400,000 and $1.5M will find a more balanced market with extra wiggle room for price negotiations. Higher inventory in the market over $1.5M is causing prices to decline despite a 17% increase in sales volume, good news for luxury buyers in this price point. Arizona and the U.S. economy enjoyed one of the best years in recent memory. For most of 2017, every week seemed to be yet another good week for the economy. Overall the market remains healthy and 2018 will be a better year for the economy and residential real estate overall.
REAL ESTATE
corner
f you’re like most people, you’ve considered signing up for one of those monthly subscription boxes available online. Or maybe you’ve already started a subscription … or two or three. Whether it’s makeup, clothes, meal-kits, or doggy toys, what’s not to like about handpicked treats landing on your doorstep every few weeks? It’s like Christmas every month of the year. If you’re new to the subscription scene, here are a few places to get started. Into clothes? Here are a few options: StitchFix, now for men as well as women, offers clothing delivered to your door every month. A personal stylist picks duds for you based on a style profile; the box arrives at your door, you keep what you like, send the rest back. Even better, Nordstrom now offers Trunk Club, which is similar to StitchFix, but sends you a preview of everything that will arrive in your trunk allowing you to swap out items before they ship. Brilliant! If beauty products are more your thing, check out Birchbox, a monthly subscription box that delivers five personalized sample-size cosmetic items to your door for only $10. It’s a good way to try out pricey products that in the end may not work for you. Sephora offers a similar monthly subscription box called Play! You take a
IN GOOD TASTE
Pheonix | Feb 23 - March 23 CactusLeague.com Cactus League Spring Training, a seasonal rite in Greater Phoenix, roars to life every March with the iconic sounds of cracking bats, snapping mitts and happy fans. For baseball lovers, it doesn’t get much better than this: sunny weather, affordable tickets and unparalleled proximity to the best players in the game.
THE BOX
MAKE ROOM
Cactus League Spring Training
I N S I D E
survey, and Sephora sends curated sample-sized products to your mailbox once a month plus online instructional how-to-use videos (also $10 a month). Love the idea of perfume but don’t love the high prices and getting stuck with a whole bottle of a scent you can’t stand? Then Scentbird may be for you. This monthly subscription box delivers a new scent to your door every month for $14.95. You choose from more than 450 scents, then switch it up every month, allowing you to test drive scents before making a commitment. No doubt, you’ve also been bombarded with flyers for at least a few of the ubiquitous meal-kit subscription boxes. Hello Fresh (which offers vegetarian options and premeasured ingredients), Blue Apron (which provides how-to instructional cooking), and Plated (which allows for special dietary adjustments and flexibility of delivery) are a few to consider. And did you know there are even subscription boxes for your doggy (BarkBox delivers new toys and treats to your fluffy friend every month for $20) and your kids (Kiwi Co. offers a KiwiCrate science or art-focused toy every month) so no one will be left out of this new shopping trend. Heading to the mailbox has never been this much fun!
Sriracha Lime-Glazed Salmon
INGREDIENTS
2 tsp lime zest 1 tbl lime juice 1/4 cup of honey 2 tbl Sriracha 2 small cloves garlic, finely chopped 4 wild salmon fillets (about 4 oz each) 2 tsp sesame or olive oil Salt and pepper to taste Sesame seeds (optional) Sliced green onions (optional)
DIRECTIONS Whisk together grated lime peel, lime juice, honey, sriracha and garlic in small bowl. Reserve half of the mixture. Season salmon with salt and pepper. Brush with a little sriracha mixture. Heat oil in large ovenproof skillet over medium-high heat. Once oil starts to shimmer, add salmon, flesh-side-down. Cook for 1 minute or until golden. Flip over. Brush with sriracha mixture. Bake in skillet at 425° F for 10 minutes, brushing with sriracha mixture halfway through. Fish is done when it flakes easily when tested with a fork. Drizzle with reserved sriracha mixture. Sprinkle with sesame seeds and green onions.
www.GoodNes.com
Selling Scottsdale One View at a Time COVER HOME
Enter into your own mini villa via the courtyard. Enchanting front courtyard with fountain & impressive entry to home. This large courtyard is perfect for children and pets to romp away from the swimming pool. There is also room to add a guest house in the courtyard entry. Ideal floor plan, Spacious Master Suite with romantic fireplace and two walk-in closets is opposite three additional bedrooms. All three bedrooms open to Courtyard for family members and guests to enjoy. Gourmet kitchen has 2 dishwashers, walk-in pantry, gas cooktop plus abundant granite prep counters for the everyday living and entertaining. Kitchen opens to exceptional, Generous Great Room with fireplace plus a formal dining room. Multiple ways to access the Private backyard with majestic mountain views and impressive waterfall that cascades into the heated pool. Move-in Perfect, pristine & immaculately maintained in private Guard Gated ANCALA Country Club with true sense of community. Close proximity to Scottsdale and BASIS Schools, fine dining, shopping & easy access to freeways.
PRIVATE COURTYARD VILLA 12323 North 116th Street $1,125,000 4 Bed | 3.5 Bath | 3,889 SF
2018 MARCH | APRIL
ANCA
TSUTSUMI H. LAMBRECHT
A n ca l a L I F E S T Y L E
STYLED & CURATED The Subscription Scene
RENDERING ULTIMATE CAR COLLECTORS DREAM HOME LOT
PREMIUM LOT with Breathtaking Direct Views of Camelback, Sunset & City Lights. APPROVED & PERMITTED PLANS for a Stunning 9+ Car Garage plus an additional 2 Car Garage. The main home is 5,085 Square Feet with Ultimate Privacy. LOT backs up to Majestic Mount Taliesin Preserve so you own a “Piece of the Mountain”. Surrounded by Multi-Million Dollar Estates on Cul-De-Sac Street in Prestigious 24 Hour Guard Gated Ancala Country. Close proximity to Desirable Scottsdale & BASIS Schools, Fine Dining, Shopping, Mayo Clinic with easy access to Freeways.
12877 North 119th Street, LOT 142 PRICE REDUCED | NOW $549,000 2.08 Acres | Dimensions 180 x 502 | $189K reduction
TSUTSUMI *A Resident of ANCALA for 25+ Years Lives in the Sixth Home Built in Ancala
*Experienced Realtor
Residental Real Estate
Started Career in 1980 in Seattle, WA Realtor in Arizona for 17 Years
*Aggressively Markets Homes in Ancala Spends the $$$ to get them sold
Healthy Market in 2018
*SELLS MORE ANCALA HOMES
As a representative of the Seller than any other Real Estate Agent - In 2017, Tsutsumi SOLD Eleven (11) Ancala Homes
Tsutsumi H. Lambrecht ABR, CRS, CLHMS, CNE, CSSN
Office 480-661-5554 Mobile 480-695-8807 tsutsumilambrecht@earthlink.net
NOW IS AN EXCELLENT TIME TO HAVE TSUTSUMI SELL YOUR HOME CALL FOR A • CONFIDENTIAL CONSULTATION • FREE MARKET ANALYSIS • HELP IN PREPARING & STAGING YOUR HOME FOR SALE
A RARE OPPORTUNITY IN ANCALA VILLAS 11644 East Cortez Drive | $698,500 2 Bed | Den | 2.5 Bath | 2,136 SF | 2 Car G
SOLD IN ONLY 5 DAYS FOR $687,000
See all homes listed and sold in Ancala updated daily at www.Ancala.org. If your home is currently listed, this is not a solicitation for that listing.
Produced by DLP Marketing • (480)460-0996 • DLPmarketing.com
Sriracha Lime-Glazed Salmon GoodNes
Cover Home
Presented Exclusively By Tsutsumi Lambrecht