Editor's Note: Paradise Valley, AZ is a lot of fun during this Labor Day weekend! Wendy Lentz of The Karas Group shows us around and gives a real estate market update.
Photo Credit: Kevin Brost
Now that Summer is close to ending, what do you see as the takeaways from the last six months?
The real estate market in Paradise Valley is still strong and we are looking for more inventory. With interest rates really low and inventory low, now is a great time to put your home on the market and get top dollar. We still have a very strong market and more people are moving here every day.
What activities can be done for Labor Day this year around Paradise Valley?
Restaurants are still open for business in Paradise Valley! Golf and tennis have always been an essential business and with the many resort courses around Paradise Valley, you can’t go wrong with a round of golf. Stay-cations and relaxing by the pool is always an option and some local resorts have added other fun activities including a drive-in movie night!!!
Photo Credit: Captures Moments
Is there an area from which buyers are relocating to your market?
I have found a lot of buyers are coming from California, Seattle, Chicago, and New York City to Paradise Valley!! We have more open spaces and a better cost of living in Arizona. I always welcome new clients to Arizona!
How has your market been doing so far this year compared to this time last year?
We have seen a huge increase in business from last year to this year. Even with an election coming up the market is still strong and I see it staying that way through the end of the year.