11-1-21 Daily Hot List

by Nov 5, 2021

The day after Halloween is officially “National Elastic Waistband Day”.

Today’s HOT LIST Link ( click the pretty blue link below to see today’s picks ):

Click to view listing(s)

$6,500,000

6310 N YUCCA RD, Paradise Valley, AZ

“the perfect contrast between elegant and modern”

Contrast – (verb) – To set in opposition in order to emphasize differences.

The perfect marriage of elegance and modern

The perfect fusion of elegance and modern

The perfect quotient of elegance and modern

Nah, let’s go with “THE PERFECT FIGHT!”

Is this Listing written by the same person who decided a one-inch candy bar should be called “Fun Size”?

Can’t we just call this home Traditional? This kitchen is a delightful showcase of tried and true traditions; Carrara marble countertops with ogee to bullnose counter edging, stone mosaic backsplash, crown molding, door molding, floor molding, and a fleet of Acanthus corbels. The only “Modern” element in the room is the coffee maker. This home is gorgeous! The perfect contrast between “I need to rob a bank” and “I’d better win this week’s Powerball”.

ZILLOW: Our thanks go out to the many people who sent us this weekend’s articles similarly headlined “Zillow selling its Phoenix Properties”. We’ll talk about that erroneous nonsense later this week. The Hot List has been pointing at the three headed Monster (Zillow, Opendoor, Offerpad) since July when all three started tossing homes overboard in volume. These are tech companies posing as Real Estate companies to attract stock market cash. The houses matter not. More on that later this week, might even update the blog.

Blog? What Blog? Oh, yeah, this one: https://stanleyfosha.com/blog/

$299,000

10515 W CAMDEN AVE, Sun City, AZ 85351

“the perfect canvas for you to create the home of your dreams!”

I don’t know about you, but my dreams don’t include nipple high belt lines and Bingo marker stained fingers. Welcome to Sun City, the only place in town where a 75 year old can get a 30 year mortgage. This is a phenomenally cheap property in a section of Sun City that is sans HOA fees. There’s still the annual Rec Center fee of $496, if you can stomach hearing “B-9!” on Bingo night knowing it will trigger fifty cancer diagnosis retellings. That Rec Center is tennis-ball walker distance from this property. At $114 per ft, CHA-CHINGO!!, you’ll have pennies left over to replace the sculpted carpet.

$1,500,000

8549 E HAZELWOOD ST, Scottsdale, AZ

Spectacular Scottsdale Location!!”

Caballo Ranchos is one of our Hidden Gems neighborhoods. There are around 40 homes in this discrete South Scottsdale suburb, each sitting on an IRRIGATED LOT, parked less than 2 miles due east from Scottsdale Fashion Square. That’s walking distance if you don’t over-shop. This small amount of homes means a smaller amount of opportunities to get into this Saturday Evening Post neighborhood. This property backs up to Chestnut Park, which gives the yard an impressive illusion of endless space. The flood irrigation means you get the same lush green lawns and enormous trees one would find in nearby Arcadia, for a fraction of the price. Is it the perfect contrast between elegant and modern? No idea. The whole house seems to be getting along quite well. Clean house. Gorgeous setting. Located near everything important. BOOM.

Barnaby Jones Epilogue: It was a busy weekend for Home Sales. You’ll notice there are not many homes on today’s list priced between $300k – $400k. That’s because the candidates who would have made the list in that range, are already Under Contract. This means Buyers were writing Offers on freshly listed homes, and Sellers are no longer waiting days on end to Accept those offers. The shift is on. Big Week ahead.

Let’s Go Meet It!…right after we delve into this bucket of overbought candy. Reese’s is not fortified with 11 essential vitamins and minerals, part of a completely insane breakfast.

Read More 

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