Home is a lifestyle, especially when it comes to buying luxury properties. Luxury buyers want to live where they have access to high-end shopping, dining, and the arts. They also want neighbors who live a similar lifestyle. Having a home where they can entertain that also has a beautiful view, high-end finishes, custom design, and the latest technology are all must-haves. Having a trusted real estate agency is a must.
The good news is that buying luxury properties isn’t just limited to exclusive Phoenix neighborhoods and downtown. We’re seeing luxury properties like Encanterra in Queen Creek pop up across the East Valley. And these properties are in high demand.
Who is buying luxury properties?
Arizona is experiencing an influx of people moving to the state. Maricopa County is currently the fastest growing county in the country and the Phoenix metropolitan area, which includes Gilbert, Queen Creek, and Chandler, is the second fastest growing metropolitan area in the country.
Despite the rising price points of residential real estate, we are seeing buyers who have relocated from California, Oregon, and as far away as New York. Newly arrived Arizonans are taking their money from other housing markets with higher price tags and are buying luxury properties in Queen Creek and Gilbert.
They’re selling their homes, packing up, and bringing their purchasing power to Arizona. When they arrive, they’re able to afford luxury homes in areas like multi-builder Harvest community, Nauvoo in Queen Creek, and Verde at Cooley Station and The Tyler in Agritopia, both in Gilbert.
How can Newman Realty help residents buying luxury properties?
We are an experienced team of dedicated real estate agents. Not only do we buy and sell homes in the East Valley, but we also live here too. We sold our home in Gilbert, where we had built five years ago, and downsized to a home in Queen Creek. Our family is grown and out of the house so this made the most sense for us. For growing families, especially those who have recently moved here, it makes sense to think about buying luxury properties.
As longtime residents of the East Valley, Mickie and I are here to answer your questions and guide you through the process of understanding Arizona home values, and the pros and cons of neighborhoods and areas.
If you’re looking for reliable experts you can trust, we’d love to hear from you! Contact us today.