Scottsdale Real Estate - A Home Buyer's Guide

Scottsdale, Arizona is currently one of the hottest real estate markets in the country. According to About.com: "Scottsdale... is consistently named among the top cities in the country which to raise children, to retire, and is rated the number one resort community in America."

If you’re planning to invest in Scottsdale real estate, you’ll find the following information helpful.

Scottsdale’s Geography
Scottsdale lies just east of Phoenix in Maricopa County, in the south central part of the state. From a real estate standpoint, north Scottsdale is the most developed part of the city. Most of the city's golf courses are also located there. So as you can imagine, north Scottsdale real estate is the most expensive.

Scottsdale Real Estate - The Golf Factor
It’s hard to talk about Scottsdale, Arizona without mentioning golf. The quantity and quality of Scottsdale golf courses play a large role in the city's economy, bringing vacationers from all over the country. Golf also plays a big part in Scottsdale real estate, paving the way to an ever-growing number of luxury golf communities.

Luxury Real Estate in Scottsdale
The Scottsdale real estate scene has plenty to offer home buyers in search of luxury real estate. In 2005, Scottsdale was ranked among the top-ten markets for luxury home sales. The New York Times went so far as nicknaming Scottsdale the "Beverly Hills of the desert."

Education in Scottsdale
So before buying a home in Scottsdale, it's important to learn about local schools. After all, schools affect property values as well as quality of life. Most public schools in Scottsdale fall under the Scottsdale Unified School District. The SUSD is well ranked among U.S. school systems. Scottsdale is also home to a community college and several vocational schools.

Scottsdale's Economy
Tourism is a major part of Scottsdale's economy, and it accounts for more than 30% of the city's workforce. The technology sector also employs many people in Scottsdale.

Scottsdale Housing Prices
As of this writing, the average price for a new home in Scottsdale was about $400,000. The average price for a pre-owned home was about $260,000. The overall average came in around $330,000.

* Copyright 2007, Brandon Cornett. You may republish this article online if you retain the author's byline and the active hyperlinks below.

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Brandon Cornett is the publisher of HomeBuyingInstitute.com, the Internet’s largest library of home buying advice. For more information on Scottsdale real estate (or general advice for buying a home), visit http://www.homebuyinginstitute.com