MIRABEL FEATURED PROPERTY The Broker’s Corner
I
t is hard to believe Mirabel’s 15 year anniversary passed recently on November 1, 2016. The Mirabel Golf Club has done a fantastic job in keeping the clubhouse current with several major renovation/addition projects that have been completed over the past several years. And a major renovation of the golf course will commence this summer, insuring that the golf course keeps its status as one of the premiere courses in the southwest. The Homeowner’s Association has also invested significant money to continue to maintain and enhance the community with major landscape and signage improvements as well as several major road and perimeter wall projects about to commence. With many of the homes in Mirabel now being a decade old or more, homeowners need to make the same commitment to their residences to invest in improvements or changes to keep their homes current to maximize their value when it comes time to sell. The best place to invest in your home to get the most bang for the buck is in the kitchen and bathrooms. The current trends in these areas are for lighter stone surfaces, and lighter cabinetry, walls and millwork as opposed to the dark colors that were popular in the mid 2000’s. You would be surprised how economical it is to replace granites or marbles in kitchens and baths, repaint walls, and in some cases resurface cabinetry to make the homes feel lighter and brighter. Any homeowner who has a home that is more than 6 or 7 years old needs to start thinking about investing in updating their house or they should expect a buyer to want a significant discount when it comes to the sales price of a home to offset the inconvenience of having to remodel it after the purchase is complete.
The luxury second home market has not fully recovered from the recent recession and there are more sellers than buyers in most cases. If you want your home to sell quickly and for top dollar when it comes time to sell, consider investing in updating your property the way the club and community have done. This can seem like a daunting task especially if this is a part time residence for you. Below are some simple steps you can take to get the process started:
cool cocktails Crushing on Craft Spirits
• Consult with a design professional to get ideas and share your thoughts as to what improvements/updates make sense for you. • Interview several contractors that specialize in smaller projects like kitchen and bath remodeling. • Come up with a budget that you can live with and then prioritize which improvements will provide the best return on investment for you. Your design professional should be able to give you guidance as well. Over the years, I have collected a list of designers and contractors that have proven themselves to be reliable, knowlegable, professional and honest. If you would like some recommendations on resources related to updating your home, please don’t hesitate to contact me. Or, if you would like me to review the condition of your home and make some suggestions on things to make it more current I would be happy to do so. As always, if you have any questions or thoughts about Mirabel real estate, please don’t hesitate to give me a call. Or better yet, stop by the main gatehouse and say hello. Until next time ……………………
Bob Lomax
Owner/Designated Broker Mirabel Properties
BOB LOMAX
OWNER/DESIGNATED BROKER MIRABEL PROPERTIES
480.595.2545 OFFICE 480.595.9503 FAX 602.920.7192 MOBILE
www.mirabel.com If your home is currently listed, this is not a solicitation for that listing.
MARCH | APRIL
MIRAB
2017
Mirabel LIFESTYLE
Produced by DLP Marketing • (480)460-0996 • DLPmarketing.com
Millennials on the Move A Generation Grows Up & Out
Cowboy Ciao
Stetson Chopped Salad
Back Page Broker’s Corner
Presented By Bob Lomax
EVENTFUL
Move Over, Microbreweries –
MARCH | APRIL 2017
Craft Spirits are Here!
Arizona Renaissance Festival
Pops Goes to Hollywood Symphony Hall | March 17-19 PhoenixSymphony.org| 602.262.6225 Lights! Camera! Action! The Phoenix Symphony goes to the movies with Hollywood favorites including Gone with the Wind, Rocky, Forrest Gump, Titanic and Pirates of the Caribbean. Guest conductor Carl Topilow combines his experience as a conductor with his outgoing personality to present an innovative and interactive multimedia concert for movie lovers of all ages.
Sunday A’Fair
The Marvelous Wonderettes Hale Centre Theatre | M + T March 20 – April 18 HaleTheatreArizona.com | 480.497.1181 This smash off-Broadway hit at Hale Centre Theatre takes you to the 1958 Springfield High School prom where we meet four girls with hopes and dreams as big as their crinoline skirts! As we learn about their lives and loves, the girls serenade us with classic ‘50s hits including Lollipop, Dream Lover and Lipstick on Your Collar. The Marvelous Wonderettes will keep you smiling in this must-take musical trip down memory lane!
First-timers have always made up a large share of home purchases, and the median age of first-time home buyers has hovered around 33 for the last five years. In the late 1970s, the median age of first time home buyers actually dipped to around 29.
The word “craft” is unregulated in advertising and labeling – pretty much any producer can call itself a craft spirit. However, as one industry insider quipped, a craft distillery is “A place where the owner actually flips the switch that starts the still running.” Indeed, some distilleries are involved in every aspect of creating their spirits, a process sometimes marketed as “Grain to Glass.” The American Craft Spirits Association (ACSA) represents the U.S. industry and it defines craft as distillers that produce no more than 750,000 proof gallons annually. The distillery also can’t be openly controlled
The oldest millennials are now reaching the age at which most Americans have historically bought their first homes. The generation is finally aging into the prime years for first-time home buying, and evidence is mounting that they’re becoming the dominant force in the U.S. housing market.
by a large supplier. What’s behind the boom in craft spirits? There’s been a shift in a variety of beverage categories to sell more items that are not mass produced, often made locally, with limited scale and distribution. That consumer-led movement is most advanced within beer, but craft is happening in spirits, soda and coffee. Gen-Xers and millennials list “craft” and “local” among the reasons they choose the liquors they do. Basically they’re looking for smaller brands made by actual people using old-school methods. According to a study backed by the ACSA, the craft spirits industry achieved $2.4 billion in retail sales in 2015, growing at an annual growth rate of 27.4% in volume. Some experts say craft can capture as much as 30% of the market in the beverage world. Ten years ago, there were roughly 50 craft distilleries in the United States. Today there are an estimated 1,315 and that number is expected to grow as distilleries continue to get support from retailers and wholesalers who have seen the success craft brewers have already achieved. If support from consumers and retailers follow the success brewers have had, the potential for craft spirits growth is enormous. Craft spirits and creative cocktails now run the gamut from classic bourbon to sipping tequilas, from artisanal gin to ginger-infused vodka. So whet your whistle and get in the spirit!
“Millennials are delaying all kinds of major life decisions, like getting married and having kids, so it makes sense that they would also delay buying a home,” said Zillow Chief Economist Dr. Svenja Gudell. “We know millennials value homeownership and want to buy.” As millennials reach peak home-buying age, their needs and wants are shaping the future of the housing and mortgage industries – much as the boomers did before them. It goes without saying that the current generation relies on technology. More than 50 percent of millennials search for homes on their phones and, among those, 26 percent end up buying a home they found that way, according to data from the National Association of Realtors.
of
first-time
33
me buyers ho
Scottsdale Civic Center | March 19 & 26, April 2 ScottsdalePerformingArts.org | 480.499.8587 Sunday A’Fair features free outdoor concerts by blues, country, jazz, R&B, rock and soul musicians, an artsand-crafts market and fun activities for children and families. Enjoy delicious food from the grill and drinks available for purchase, docent-led sculpture tours in the park and free admission to Scottsdale Museum of Contemporary Art.
Not very long ago the real estate industry wondered whether millennials would ever crawl out of their parents’ basements and into a Realtor’s office. But recent reports dispel the notion that millennials are allergic to homeownership.
T
he liquor industry is seeing a movement take hold across U.S. bars and retail outlets that could mirror the success microbreweries have enjoyed for the last decade or more. Craft spirits have gone from obscurity to ubiquity over the past several years and afficionados are raising their glasses to toast the trend. But what exactly defines a craft spirit?
Real estate agents are finding that new buyers, and particularly millennials, like having information at their fingertips. Mobile traffic to phone apps has even outpaced traffic to many real estate desktop sites, according to area agents. Millennials are driving more than just web traffic. They’re generating a lot of change in the market and that means they’re moving up and out!
REAL ESTATE
corner
IN GOOD TASTE
Downtown Fountain Hills | March 17-19 CarefreeAZFestivals.com | 480.488.2014 This free, family-friendly festival celebrates St. Patrick’s Day and ushers in the spring season with live music, art exhibits, and dance performances throughout the weekend. Visitors can browse an eclectic selection of traditional and contemporary designs, from sculptures and paintings to handcrafted jewelry and apparel. Magic Bird’s festive food court will offer sweet and savory fare and Irish treats from local Arizona vendors.
P
redictions are that the housing market will get tighter in 2017. The country’s largest generation – millennials between the ages of 18 and 34 – are expected to enter the market for homes in big numbers. In a recent survey by the Realtor.com website, 61 percent of millennials surveyed said that they plan to go house shopping in 2017. Millennials now account for more than 75 million Americans and they represent the largest generation in the country.
dien ag e
Fountain O’Green Artisan Market
The Millennial Market
Me
Festival Village | Weekends February 11 – April 2 Arizona.RenFestInfo.com | 520.463.2600 The Arizona Renaissance Festival is a medieval amusement park, a 13-stage theater, a 30-acre circus, an arts and crafts fair, a jousting tournament and a feast. Walk through the gates to be transported back to a simpler, more jovial time. Mingle with over 2,000 costumed characters, eat a giant roasted turkey leg, take part in games of chance and skill, cheer on your favorite knight. “Eat, drink and be merry” is the order of the day at the Village of Fairhaven.
Stetson Chopped Salad INGREDIENTS SALAD 2 oz 2 oz 2 oz 1 ½ oz ½ oz ½ oz ½ oz 1 oz
Israeli couscous, cooked & chilled Arugula, chopped Roma tomatoes, diced Smoked salmon, diced Asiago cheese, crumbled Pepitas, toasted Black currants, dried Sweet corn, air-dried
PESTO BUTTERMILK DRESSING ½c Basil pesto 1 ea Shallot, rough chop 1c Aioli 1c Buttermilk ½ tsp Black pepper CowboyCiao.com | 480.946.3111 ½ ea Lemon, juice only Salt & pepper to taste
DIRECTIONS SALAD Combine cheese, pepitas and dried currants in a separate bowl. This Ciao “trail mix” is one of the six components of the salad. In a shallow bowl, arrange the six rows with contrasting colors next to each other. After presenting the salad, drizzle dressing on top and toss. PESTO BUTTERMILK DRESSING Add first three ingredients to food processor and blend thoroughly. With motor running pour in buttermilk. Add remaining ingredients to combine.
EVENTFUL
Move Over, Microbreweries –
MARCH | APRIL 2017
Craft Spirits are Here!
Arizona Renaissance Festival
Pops Goes to Hollywood Symphony Hall | March 17-19 PhoenixSymphony.org| 602.262.6225 Lights! Camera! Action! The Phoenix Symphony goes to the movies with Hollywood favorites including Gone with the Wind, Rocky, Forrest Gump, Titanic and Pirates of the Caribbean. Guest conductor Carl Topilow combines his experience as a conductor with his outgoing personality to present an innovative and interactive multimedia concert for movie lovers of all ages.
Sunday A’Fair
The Marvelous Wonderettes Hale Centre Theatre | M + T March 20 – April 18 HaleTheatreArizona.com | 480.497.1181 This smash off-Broadway hit at Hale Centre Theatre takes you to the 1958 Springfield High School prom where we meet four girls with hopes and dreams as big as their crinoline skirts! As we learn about their lives and loves, the girls serenade us with classic ‘50s hits including Lollipop, Dream Lover and Lipstick on Your Collar. The Marvelous Wonderettes will keep you smiling in this must-take musical trip down memory lane!
First-timers have always made up a large share of home purchases, and the median age of first-time home buyers has hovered around 33 for the last five years. In the late 1970s, the median age of first time home buyers actually dipped to around 29.
The word “craft” is unregulated in advertising and labeling – pretty much any producer can call itself a craft spirit. However, as one industry insider quipped, a craft distillery is “A place where the owner actually flips the switch that starts the still running.” Indeed, some distilleries are involved in every aspect of creating their spirits, a process sometimes marketed as “Grain to Glass.” The American Craft Spirits Association (ACSA) represents the U.S. industry and it defines craft as distillers that produce no more than 750,000 proof gallons annually. The distillery also can’t be openly controlled
The oldest millennials are now reaching the age at which most Americans have historically bought their first homes. The generation is finally aging into the prime years for first-time home buying, and evidence is mounting that they’re becoming the dominant force in the U.S. housing market.
by a large supplier. What’s behind the boom in craft spirits? There’s been a shift in a variety of beverage categories to sell more items that are not mass produced, often made locally, with limited scale and distribution. That consumer-led movement is most advanced within beer, but craft is happening in spirits, soda and coffee. Gen-Xers and millennials list “craft” and “local” among the reasons they choose the liquors they do. Basically they’re looking for smaller brands made by actual people using old-school methods. According to a study backed by the ACSA, the craft spirits industry achieved $2.4 billion in retail sales in 2015, growing at an annual growth rate of 27.4% in volume. Some experts say craft can capture as much as 30% of the market in the beverage world. Ten years ago, there were roughly 50 craft distilleries in the United States. Today there are an estimated 1,315 and that number is expected to grow as distilleries continue to get support from retailers and wholesalers who have seen the success craft brewers have already achieved. If support from consumers and retailers follow the success brewers have had, the potential for craft spirits growth is enormous. Craft spirits and creative cocktails now run the gamut from classic bourbon to sipping tequilas, from artisanal gin to ginger-infused vodka. So whet your whistle and get in the spirit!
“Millennials are delaying all kinds of major life decisions, like getting married and having kids, so it makes sense that they would also delay buying a home,” said Zillow Chief Economist Dr. Svenja Gudell. “We know millennials value homeownership and want to buy.” As millennials reach peak home-buying age, their needs and wants are shaping the future of the housing and mortgage industries – much as the boomers did before them. It goes without saying that the current generation relies on technology. More than 50 percent of millennials search for homes on their phones and, among those, 26 percent end up buying a home they found that way, according to data from the National Association of Realtors.
of
first-time
33
me buyers ho
Scottsdale Civic Center | March 19 & 26, April 2 ScottsdalePerformingArts.org | 480.499.8587 Sunday A’Fair features free outdoor concerts by blues, country, jazz, R&B, rock and soul musicians, an artsand-crafts market and fun activities for children and families. Enjoy delicious food from the grill and drinks available for purchase, docent-led sculpture tours in the park and free admission to Scottsdale Museum of Contemporary Art.
Not very long ago the real estate industry wondered whether millennials would ever crawl out of their parents’ basements and into a Realtor’s office. But recent reports dispel the notion that millennials are allergic to homeownership.
T
he liquor industry is seeing a movement take hold across U.S. bars and retail outlets that could mirror the success microbreweries have enjoyed for the last decade or more. Craft spirits have gone from obscurity to ubiquity over the past several years and afficionados are raising their glasses to toast the trend. But what exactly defines a craft spirit?
Real estate agents are finding that new buyers, and particularly millennials, like having information at their fingertips. Mobile traffic to phone apps has even outpaced traffic to many real estate desktop sites, according to area agents. Millennials are driving more than just web traffic. They’re generating a lot of change in the market and that means they’re moving up and out!
REAL ESTATE
corner
IN GOOD TASTE
Downtown Fountain Hills | March 17-19 CarefreeAZFestivals.com | 480.488.2014 This free, family-friendly festival celebrates St. Patrick’s Day and ushers in the spring season with live music, art exhibits, and dance performances throughout the weekend. Visitors can browse an eclectic selection of traditional and contemporary designs, from sculptures and paintings to handcrafted jewelry and apparel. Magic Bird’s festive food court will offer sweet and savory fare and Irish treats from local Arizona vendors.
P
redictions are that the housing market will get tighter in 2017. The country’s largest generation – millennials between the ages of 18 and 34 – are expected to enter the market for homes in big numbers. In a recent survey by the Realtor.com website, 61 percent of millennials surveyed said that they plan to go house shopping in 2017. Millennials now account for more than 75 million Americans and they represent the largest generation in the country.
dien ag e
Fountain O’Green Artisan Market
The Millennial Market
Me
Festival Village | Weekends February 11 – April 2 Arizona.RenFestInfo.com | 520.463.2600 The Arizona Renaissance Festival is a medieval amusement park, a 13-stage theater, a 30-acre circus, an arts and crafts fair, a jousting tournament and a feast. Walk through the gates to be transported back to a simpler, more jovial time. Mingle with over 2,000 costumed characters, eat a giant roasted turkey leg, take part in games of chance and skill, cheer on your favorite knight. “Eat, drink and be merry” is the order of the day at the Village of Fairhaven.
Stetson Chopped Salad INGREDIENTS SALAD 2 oz 2 oz 2 oz 1 ½ oz ½ oz ½ oz ½ oz 1 oz
Israeli couscous, cooked & chilled Arugula, chopped Roma tomatoes, diced Smoked salmon, diced Asiago cheese, crumbled Pepitas, toasted Black currants, dried Sweet corn, air-dried
PESTO BUTTERMILK DRESSING ½c Basil pesto 1 ea Shallot, rough chop 1c Aioli 1c Buttermilk ½ tsp Black pepper CowboyCiao.com | 480.946.3111 ½ ea Lemon, juice only Salt & pepper to taste
DIRECTIONS SALAD Combine cheese, pepitas and dried currants in a separate bowl. This Ciao “trail mix” is one of the six components of the salad. In a shallow bowl, arrange the six rows with contrasting colors next to each other. After presenting the salad, drizzle dressing on top and toss. PESTO BUTTERMILK DRESSING Add first three ingredients to food processor and blend thoroughly. With motor running pour in buttermilk. Add remaining ingredients to combine.
MIRABEL FEATURED PROPERTY The Broker’s Corner
I
t is hard to believe Mirabel’s 15 year anniversary passed recently on November 1, 2016. The Mirabel Golf Club has done a fantastic job in keeping the clubhouse current with several major renovation/addition projects that have been completed over the past several years. And a major renovation of the golf course will commence this summer, insuring that the golf course keeps its status as one of the premiere courses in the southwest. The Homeowner’s Association has also invested significant money to continue to maintain and enhance the community with major landscape and signage improvements as well as several major road and perimeter wall projects about to commence. With many of the homes in Mirabel now being a decade old or more, homeowners need to make the same commitment to their residences to invest in improvements or changes to keep their homes current to maximize their value when it comes time to sell. The best place to invest in your home to get the most bang for the buck is in the kitchen and bathrooms. The current trends in these areas are for lighter stone surfaces, and lighter cabinetry, walls and millwork as opposed to the dark colors that were popular in the mid 2000’s. You would be surprised how economical it is to replace granites or marbles in kitchens and baths, repaint walls, and in some cases resurface cabinetry to make the homes feel lighter and brighter. Any homeowner who has a home that is more than 6 or 7 years old needs to start thinking about investing in updating their house or they should expect a buyer to want a significant discount when it comes to the sales price of a home to offset the inconvenience of having to remodel it after the purchase is complete.
The luxury second home market has not fully recovered from the recent recession and there are more sellers than buyers in most cases. If you want your home to sell quickly and for top dollar when it comes time to sell, consider investing in updating your property the way the club and community have done. This can seem like a daunting task especially if this is a part time residence for you. Below are some simple steps you can take to get the process started:
cool cocktails Crushing on Craft Spirits
• Consult with a design professional to get ideas and share your thoughts as to what improvements/updates make sense for you. • Interview several contractors that specialize in smaller projects like kitchen and bath remodeling. • Come up with a budget that you can live with and then prioritize which improvements will provide the best return on investment for you. Your design professional should be able to give you guidance as well. Over the years, I have collected a list of designers and contractors that have proven themselves to be reliable, knowlegable, professional and honest. If you would like some recommendations on resources related to updating your home, please don’t hesitate to contact me. Or, if you would like me to review the condition of your home and make some suggestions on things to make it more current I would be happy to do so. As always, if you have any questions or thoughts about Mirabel real estate, please don’t hesitate to give me a call. Or better yet, stop by the main gatehouse and say hello. Until next time ……………………
Bob Lomax
Owner/Designated Broker Mirabel Properties
BOB LOMAX
OWNER/DESIGNATED BROKER MIRABEL PROPERTIES
480.595.2545 OFFICE 480.595.9503 FAX 602.920.7192 MOBILE
www.mirabel.com If your home is currently listed, this is not a solicitation for that listing.
MARCH | APRIL
MIRAB
2017
Mirabel LIFESTYLE
Produced by DLP Marketing • (480)460-0996 • DLPmarketing.com
Millennials on the Move A Generation Grows Up & Out
Cowboy Ciao
Stetson Chopped Salad
Back Page Broker’s Corner
Presented By Bob Lomax