Tag Archives: Carefree

waltdanley1

Danley Ranked No. 1 Selling Agent in Arizona

Walt Danley ranked as the No. 1 selling real estate agent in Arizona by sales volume, according to the REAL Trends “The Thousand: 2014 Top 1,000 Real Estate Professionals.” The list was published in The Wall Street Journal on June 27, 2014.

Danley is ranked No. 30 in the U.S. for individual sales volume, having sold $167,105,094 in residential real estate in 2013. “The Thousand” list is comprised of third-party data and honors the top one thousand real estate professionals and teams in the nation.

Walt Danley is the president and namesake of Walt Danley Realty, a Scottsdale-based luxury residential real estate brokerage. The firm is Arizona’s affiliate of Christie’s International Real Estate and boasts the largest inventory of million-dollar estates within Arizona. Danley has sold nearly $3 billion during his 37-year real estate career, and has been ranked in the top one percent of real estate agents nationally every year since 1977.

“The secret to successful real estate transacting is conducting business with integrity, building strong personal relationships, and leveraging the strengths of your team,” said Walt Danley, president of Walt Danley Realty. “I am honored to work alongside a team of the most skilled real estate professionals with vast expertise, market knowledge and creative ideas.”

Walt Danley Realty represents luxury homebuyers and sellers in the Northeast Valley of Phoenix including Scottsdale, Paradise Valley, Fountain Hills, Rio Verde, Arcadia, Biltmore, Cave Creek and Carefree. Walt Danley Realty is located at 6720 N. Scottsdale Rd., #140, Paradise Valley, AZ 85253. For more information, visit www.waltdanley.com.

World-champion hoop dancer, Moontee Sinquah at the 2013 Carefree Indian Market. Photo courtesy of Jerry Williamson.

Live music, art at the Carefree Desert Gardens

Magic Bird Festivals has announced their 2014/1015 Carefree, Arizona show line-up.

The annual art and entertainment events, set against the backdrop of Black Mountain and woven throughout a four-acre cactus garden, include the Carefree Fine Art of the Southwest Festival, the Carefree Christmas Festival and Gift Market, the Carefree Indian Market and Cultural Festival, the Carefree Festival of Fine Chocolate and Fine Art, and Carefree Days.

All events take place at the Carefree Desert Gardens, 101 Easy St., in downtown Carefree, Arizona, adjacent to the world famous Carefree Sundial. Admission is free.

Live music and dance performances set the stage for each event on the site’s newly expanded Sanderson Lincoln Pavilion, and provide attendees state-of-the-art sound and plentiful seating.

Hand-selected local, regional and national fine artists, and crafts exhibitors, are featured throughout the scenic botanical gardens. The Christmas Gift Market combines an expanded variety of holiday gift and specialty exhibitors.

Attendees can select from a variety of culinary vendors and food options at every event. Adult beverages are available along Easy St., at a multitude of restaurants that surround the events.

“We could not ask for a better setting than the beautiful desert gardens in downtown Carefree. We have worked closely with the mayor and staff of Carefree to maximize the art, entertainment and nature experience for the attendee. There is nothing else quite like it in Arizona,” said Roberta Toombs-Rechlin, owner of Magic Bird.

For information, call 480-488-2014 or visit magicbirdfestivals.com.

The Magic Bird Festivals 2014/15 schedule of Carefree, Arizona events is as follows:

*All shows take place from 10 a.m. – 5 p.m., unless otherwise noted.

3rd Annual Carefree Fine Art of the Southwest
November 28, 29, and 30, 2014
Friday, Saturday, Sunday

7th Annual Carefree Christmas Festival Gift Market & Food Court
December 12, 13, and 14, 2014*
Friday, Saturday, Sunday
*10 a.m. – 9 p.m. on Friday and Saturday, 10 a.m.-5 p.m. on Sunday.

4th Carefree Indian Market & Cultural Festival
January 23, 24, and 25, 2015
Friday, Saturday, Sunday

4th Carefree Festival of Fine Chocolate & Fine Art
February 12, 13, 14, and 15, 2015*
Thursday, Friday, Saturday and Sunday

2nd Annual Carefree Days
April 10, 11, and 12, 2015
Friday, Saturday, Sunday

SONY DSC

Binkley Opening Bink's Scottsdale in Late December

Chef Kevin Binkley announces plans for the opening of his fourth restaurant, Bink’s Scottsdale, at the Shops at Hilton Village, 6107 N. Scottsdale Road, Building C, Suite 110, in Scottsdale.

Chef Binkley looks forward to the opportunities of a central Scottsdale location, “I love that so many of our regular customers live in this area. We also have over 2,400 square feet of space, which allowed us to create a larger bar space to accommodate our customers. ”

Bink’s Scottsdale promises a fresh, organic look with a casual atmosphere. It will open its doors late 2013.

Bink’s Scottsdale will be open every day with brunch, lunch, happy hour, and dinner selections. Dishes will focus primarily on locally grown and harvested meats, fruits and vegetables. The restaurant will also provide a full bar with a regular wine list, as well as a reserve wine list.

Kevin, along with his wife, Amy Binkley, own and operate three award-winning restaurants including Binkley’s Restaurant in Cave Creek, Café Bink in Carefree, and Bink’s Midtown in Central Phoenix. Each restaurant sources and promotes seasonal fare in their menus.

A Valley food pioneer, Chef Kevin Binkley has received numerous accolades. Chef Binkley has been nominated every year since 2005 for the James Beard Award Best Chef of the Southwest. In 2013, the Arizona Culinary Hall of Fame awarded him the Lifetime Achievement award for his long-term excellence in the culinary industry.

Chef Kevin Binkley previously worked at the Inn at Little Washington, and with Chef Thomas Keller at the renowned French Laundry in Napa, California. His creative culinary process has earned national distinction since opening his own restaurants in Arizona.

Established in 2004, his first restaurant, Binkley’s, was named Best Restaurant by the Arizona Republic. Bink’s Midtown, established in 2013, was recently named Best New Restaurant by both Phoenix Magazine and Phoenix New Times. Bink’s Midtown also received the Best Happy Hour Award in Central Phoenix, for the 2013 Phoenix New Times awards.

SONY DSC

Binkley Opening Bink’s Scottsdale in Late December

Chef Kevin Binkley announces plans for the opening of his fourth restaurant, Bink’s Scottsdale, at the Shops at Hilton Village, 6107 N. Scottsdale Road, Building C, Suite 110, in Scottsdale.

Chef Binkley looks forward to the opportunities of a central Scottsdale location, “I love that so many of our regular customers live in this area. We also have over 2,400 square feet of space, which allowed us to create a larger bar space to accommodate our customers.”

Bink’s Scottsdale promises a fresh, organic look with a casual atmosphere. It will open its doors late 2013.

Bink’s Scottsdale will be open every day with brunch, lunch, happy hour, and dinner selections. Dishes will focus primarily on locally grown and harvested meats, fruits and vegetables. The restaurant will also provide a full bar with a regular wine list, as well as a reserve wine list.

Kevin, along with his wife, Amy Binkley, own and operate three award-winning restaurants including Binkley’s Restaurant in Cave Creek, Café Bink in Carefree, and Bink’s Midtown in Central Phoenix. Each restaurant sources and promotes seasonal fare in their menus.

A Valley food pioneer, Chef Kevin Binkley has received numerous accolades. Chef Binkley has been nominated every year since 2005 for the James Beard Award Best Chef of the Southwest. In 2013, the Arizona Culinary Hall of Fame awarded him the Lifetime Achievement award for his long-term excellence in the culinary industry.

Chef Kevin Binkley previously worked at the Inn at Little Washington, and with Chef Thomas Keller at the renowned French Laundry in Napa, California. His creative culinary process has earned national distinction since opening his own restaurants in Arizona.

Established in 2004, his first restaurant, Binkley’s, was named Best Restaurant by the Arizona Republic. Bink’s Midtown, established in 2013, was recently named Best New Restaurant by both Phoenix Magazine and Phoenix New Times. Bink’s Midtown also received the Best Happy Hour Award in Central Phoenix, for the 2013 Phoenix New Times awards.

SONY DSC

Binkley Opening Bink's Scottsdale in Late December

Chef Kevin Binkley announces plans for the opening of his fourth restaurant, Bink’s Scottsdale, at the Shops at Hilton Village, 6107 N. Scottsdale Road, Building C, Suite 110, in Scottsdale.

Chef Binkley looks forward to the opportunities of a central Scottsdale location, “I love that so many of our regular customers live in this area. We also have over 2,400 square feet of space, which allowed us to create a larger bar space to accommodate our customers.”

Bink’s Scottsdale promises a fresh, organic look with a casual atmosphere. It will open its doors late 2013.

Bink’s Scottsdale will be open every day with brunch, lunch, happy hour, and dinner selections. Dishes will focus primarily on locally grown and harvested meats, fruits and vegetables. The restaurant will also provide a full bar with a regular wine list, as well as a reserve wine list.

Kevin, along with his wife, Amy Binkley, own and operate three award-winning restaurants including Binkley’s Restaurant in Cave Creek, Café Bink in Carefree, and Bink’s Midtown in Central Phoenix. Each restaurant sources and promotes seasonal fare in their menus.

A Valley food pioneer, Chef Kevin Binkley has received numerous accolades. Chef Binkley has been nominated every year since 2005 for the James Beard Award Best Chef of the Southwest. In 2013, the Arizona Culinary Hall of Fame awarded him the Lifetime Achievement award for his long-term excellence in the culinary industry.

Chef Kevin Binkley previously worked at the Inn at Little Washington, and with Chef Thomas Keller at the renowned French Laundry in Napa, California. His creative culinary process has earned national distinction since opening his own restaurants in Arizona.

Established in 2004, his first restaurant, Binkley’s, was named Best Restaurant by the Arizona Republic. Bink’s Midtown, established in 2013, was recently named Best New Restaurant by both Phoenix Magazine and Phoenix New Times. Bink’s Midtown also received the Best Happy Hour Award in Central Phoenix, for the 2013 Phoenix New Times awards.

housing.prices

WSJ Ranks Danley as Top Arizona Realtor

The Wall Street Journal and REAL Trends, Inc. rank Walt Danley as the top selling real estate agent in Arizona, according to its “The Thousand: 2013 Top 1,000 Real Estate Professionals” list released June 28, 2013. Danley is ranked No. 37 in the U.S. for individual sales volume, having sold more than $137.7 million in residential real estate in 2012. “The Thousand” list is comprised of third-party data and honors the top 1,000 real estate professionals and teams in the nation.

Walt Danley is the president and namesake of Scottsdale-based luxury residential real estate brokerage, Walt Danley Realty. The firm is Arizona’s affiliate of Christie’s International Real Estate and boasts the largest inventory of million-dollar estates within Arizona. Danley has sold more than $2.5 billion during his over 35-year career, and has been ranked in the top one percent of real estate agents nationally every year since 1977.

“Being listed amongst the top real estate agents in the nation is an honor and very humbling,” states Danley. When asked what advice he would give an agent entering the luxury real estate arena, Danley comments, “Operate your business with integrity, market knowledge, old-fashioned hard work and truly understand the needs of your client.”

Walt Danley Realty represents luxury homebuyers and sellers in the Northeast Valley of Phoenix including Scottsdale, Paradise Valley, Fountain Hills, Rio Verde, Arcadia, Biltmore, Cave Creek and Carefree. Walt Danley Realty is located at 6720 N. Scottsdale Rd., #140, Paradise Valley, AZ 85253. For more information, call (480) 991-2050 or visit www.waltdanley.com.

Luxury Home - AZ Business Magazine November 2008

Luxury market sees 54% drop in short sales

This summary looks at single family homes over $500,000 in all areas of the Northeast Valley, including Scottsdale, Paradise Valley, Fountain Hills, Rio Verde, Arcadia, Biltmore, Cave Creek and Carefree.

SUPPLY

The supply of active listings offered for sale as of May 1 is 2,222 down 2% from last month and comprising 2,122 normal (down 2%), 83 short sales (down 8%) and 17 lender-owned (up 31%). Last year on the same date we had 2,017, with 1,803 normal, 179 short sales and 35 lender-owned. So supply is 10% higher than last year, with more sellers encouraged by the improvement in the market. Homes in distress have declined significantly over the last year with short sales down by 54% and lender-owned homes down by 51%. 2,222 luxury home listings remains a sufficient supply to satisfy the present number of buyers and the market remains fairly balanced, without the chronic shortages of supply which have been affecting prices at the low end of the market. For homes priced over $2,000,000 there are 454 active listings, down 8 from last month but 3% higher than the 439 we measured last year. This higher priced sector has more plentiful supply than the lower priced ranges. However this year there are only 2 lender-owned home and 5 short sales over $2,000,000, down from 5 and 13 on May 1, 2012.

DEMAND – SALES

There were 354 sales closed though ARMLS in April, up 16% from the 305 reported in March, and up a strong 31% from the 271 we saw in April 2012. Since last December sales numbers have been getting increasingly impressive and this was the strongest April for sales over $500,000 that we have seen since 2007, when there were also 354 sales. There were 7 sales over $3,000,000 compared with 8 in April 2012, and 18 sales between $2,000,000 and $3,000,000, up from 10 in April 2012. The range from $1,500,000 to $2,000,000 declined from 16 to 11 sales, but all the lower price ranges saw substantial increases over last year. 92% of sales were normal in April 2013 compared with 82% last year.

luxuryrealestate

Luxury Real Estate Market Retrospective: 2001-2012

News archives must be bursting with stories examining real estate’s regional and national trends after one of the most dramatic events in U.S. real estate history. However, with the old adage in mind that all real estate is local, we wanted a clear retrospective of the market we serve without the sensationalism and consistently inconsistent “expert” predictions.

Real estate veterans and industry followers are no doubt aware of the outstanding work Mike Orr has done as founder of real estate research firm The Cromford Report, and his recent appointment to Director of the Center for Real Estate Theory and Practice at ASU’s School of Business. We’ve asked him to analyze specifically our luxury market since 2001.

Though it’s no secret that residential real estate is often a purchase driven by passion, our clients are increasingly concerned about home-as-investment strategy. With this in mind, we analyzed the most helpful statistics for luxury home investors in Phoenix’s Northeast Valley from 2001 through 2012. The analysis covers single family homes $1,000,000 or more in Scottsdale, Paradise Valley, Fountain Hills, Rio Verde, Arcadia, Biltmore, Cave Creek, and Carefree. It is our hope that a better understanding of where we’ve been will help us know where we are going.

Annual Sales

In 2001, there were 396 sales of single-family homes listed at $1,000,000 or more. At the time, Scottsdale (182) narrowly beat Paradise Valley (170) for units sold, but Paradise Valley had a slight edge in terms of dollars spent. Sales in these two areas made up 89 percent of the entire luxury market, with Phoenix trailing at 15 sales in the Biltmore area and 13 in Arcadia. Carefree (7), Cave Creek (4), Fountain Hills (4) and Rio Verde (1) were relatively small markets then, and while they have grown tremendously since 2001, 86 percent of sales are still in either Scottsdale or Paradise Valley.

Sales volume grew slowly in 2002 and 2003, before expanding dramatically in 2004 and 2005 when it peaked at 1,563, almost four times the sales volume a mere four years earlier. Scottsdale accounted for much of the luxury sales growth, thanks to its relatively undeveloped landscape with room for new projects in DC Ranch, Troon, Grayhawk, McDowell Mountain, Pinnacle Peak, the Shea Corridor and Desert Mountain.

Although sales began to decline after the frenzied peak of 2005, luxury home sales remained reasonably buoyant when compared to the market at large, until demand fizzled out in the second half of 2007. The broader real estate market collapse, as well as the stock market collapse in 2008, would destroy confidence in real estate for years to come. Foreclosures and short sales became part of the new vernacular, peaking in 2010 and representing 33 percent of transactions that year. Total annual sales have remained at a similar level for the past five years, but distressed sales have declined to 17 percent of transactions in 2012. Total sales in 2012 were at their highest level since 2007.

Sales Pricing

The Northeast Valley luxury market appears extremely volatile when measured on a shortterm basis, due to relatively low volume and a wide range of price points. Greater accuracy is obtained by measuring pricing over longer periods, and the best way to judge pricing is typically on a per square foot basis. The next chart shows the 12-month moving average sales price per square foot, meaning each month is the average of that specific month and the 11 months preceding it.

In 2001, the luxury market was already troubled by over-supply, and took another hit after the terrorist attacks of 9/11 and resulting stock market weakness. However, by 2004 pricing improved and prices escalated quickly during 2005 and 2006.

Yet, while prices fell from mid 2006 onwards in less expensive markets, luxury market price per square foot continued climbing – despite a slowdown in sales – into the early part of 2008. However, the extreme economic recession and the failures of Bear Stearns and Lehman Brothers took their toll from May 2008 onwards; prices collapsed from the peak of $404 per square foot in December 2007 to reach $290 by May 2010, before drifting to their lowest point ($277) in February 2012. Although the decline from peak to trough was a significant 31%, this is far less than the 59% drop in average price per square foot experienced by the overall market in the Metro Phoenix area.

Pricing finally began to recover as distressed homes worked their way through the system and by the end of 2012, price per square foot had crawled back to $291 and continue to trend upward. “86 percent of sales are still in either Scottsdale or Paradise Valley” “prices collapsed from the peak of $404 per square foot in December 2007 to reach $290 by May 2010.

Supply

During 2004 and 2005, new listings grew at a slower rate than sales volume, but they continued growing in 2006 and 2007 as sales declined; projects began during what we now recognize as the peak took time to finish. This ominous imbalance led to the huge excess of inventory in 2008 when only 766 homes were sold across the entire Northeast Valley luxury market. The number of distressed listings peaked in 2009 at 21 percent of new listings before declining to 9 percent in 2012. The number of new listings in total was at its lowest in 2011; 2012 was the first year since 2007 to show an increase in inventory. By the end of 2012, supply was roughly in balance with demand.

Seasonality

The luxury market is most active during the spring, and most transactions close from March to June each year. Over the last 12 years, this period typically generates sales at a remarkable 39 percent higher rate than the rest of the year.

Summary and Outlook

Between 2001 and 2012 the luxury home market has experienced a period of great turbulence and volatility, though not quite the extremes suffered by the rest of the market. As 2012 came to a close, supply and demand are near balanced. Barring external economic shocks, the luxury market looks likely to be relatively calm and positive.

For a personal analysis of what these numbers mean for your home, please contact our office at 480-991-2050.

English Rose Tea Room in Carefree, Photo: Carolina Lopez

Sonoran Desert And Tea In Carefree

Leaning saguaro cacti and palo verde trees line the roads and cover the Sonoran desert grounds. The sun is bright, but the weather isn’t its usual hot, soul-sucking self. That means that at least I have a chance at surviving longer than usual if I get lost in the desert or stranded somewhere. I roll down the car window and listen for the natural sounds of the desert. I hear mostly the hum of insects. I take a breath in the air deeply. It’s hot and smells of dry earth. I don’t very often experience the desert even though I live in one. These aren’t exactly my stomping grounds, but on this trip to Carefree, Ariz., I’m experiencing a slice of the Arizona desert.

I had no idea what to expect from Carefree, and in all honesty, Carefree is kind of a strange place. Well, the name of this small town is Carefree, and one of its main roads is Easy Street. I supposed that gives you a clue about the pace-level here. As my mom and I arrived to the town center, we noticed the amount of people out and about on a Sunday morning. There were people that looked like they were on a leisurely hike or walking their dogs. The small streets allowed for easy pedestrian movement, and it was clear the people of Carefree took advantage of the pedestrian-friendly streets. This movement made the town even more interesting and quaint. Seeing so many people walking about inspired my me and my mom to join them and explore the town for ourselves.

English Rose Tea Room in Carefree, Photo: Carolina LopezMy mom and I walked toward the Town Center park, and we were greeted by a giant Gila-monster-shaped slide. A slide is a slide, though, and slides are meant to be slid on. Needless to say, I did my best sliding. Upon further exploration, we found a giant sundial that points toward the North Star. I don’t exactly know what the sundial meant, but it was interesting.

In addition to the beautiful desert scenery, which included a great view of the peaceful, yet intimidating Black Mountain, Carefree offered a good variety of shops and places to eat. During our explorations, we spotted an interesting-looking restaurant. What attracted me to it was the English flag waving side by side with the American flag. It was an English-style tea house, aptly called English Rose Tea Room. We decided to go in and have a leisurely afternoon tea. The place was incredibly decorative and had shelves full of knick-knacks. The main room of the space was full of customers, some of which were sporting giant hats in royal wedding fashion. They offered a variety of hot and cold teas along with salads, quiches, scones and other finger foods. It was quaint, and the quiche was delicious. What more could I have asked for?

Carefree is less than 10 minutes away from the cute town of Cave Creek, and one might easily choose to skip Carefree and head towards Cave Creek for a getaway within Arizona, but Carefree, with its amazing scenery and interesting food offerings, deserves some love, too.

For more information about Carefree and its attractions, visit visitcarefree.com.