Scottsdale and Paradise Valley Real Estate 

Please see our sister site for dozens of buyer and seller tips . Click here for link.

Nov. 26, 2019

7 Tips to Finding a Great Home - Scottsdale

Over the last 20 years negotiating purchases of some of the most beautiful homes in the world I have learned a number of invaluable tips that I will share with you. These tips will help you find not only the best home for you and your family but best long term investment.
1. When relocating - Before you start with the tips below.. Guide Tip #1 Explore and explore some more..
Often time homebuyers relocating from a new city will call a Realtor and because that Realtor lives in... or likes a certain area they will suggest and promote that area. I have met many home buyers dismayed after buying in the Realtors preferred city or community;  they discover a new area they love that unfortunately was never introduced to them . I always offer my clients tours of various cities and communities. The more you know, the better your home buying experience.
Once you discover the city that feels good to you.  You can start with the search tips below.. but like finding "love" sometimes you will find perfect home outside the tips as outlined.
1. Whether you have a luxury budget or first time home buyer budget. Guide tip #1 Find the best, most expensive community, then neighborhood within the community you can afford comfortably.  Or if you are younger or older with an adventurous spirit who enjoys seeing change and growth and the "vibe of trending areas", look for areas having significant signs of transformation with large influxes of capital. Otherwise, Rule #1 Best Area, then the best street in the best area, then the best house !!  All Three !
2. Familiarize yourself with the areas of interest once you've narrowed it down. When start your search, See as many homes as you can view that are even close to your goals.  Even homes that are not a match will help you determine and secure the best home.
3. Home shopping can be like any other shopping.. For example,  I wanted to buy a new Black BMW... As basic as that sounds, it took 4 months to get the exact one I wanted... and I called every dealer in California and Arizona.  Point being, You may look at every new listing that comes on the market and it may take months or even a year to find the perfect one especially if you are looking between 1.5 and 10 million.
Never settle.. if you are not "excited" it's not the one.
4. BEST KEPT SECRET . One of the very best and least used tools for finding the very best home for sale... and an "Exclusive Service"  I offer every client is to search "Exclusive Off Market Homes " . These are the "best of the best homes" that may never reach market before selling. Your perfect home may ... or may not be in this shadow inventory...but search here too!  You never know where your jewel home will show up. Call me at 480-450-4632 and let me send you my EXCLUSIVES/Off Market Homes.
5.  SEARCH site tip.. My clients sometimes look at dozens of sites looking for homes. ALL listed homes on ALL sites come from one source The MLS.  My site is a direct feed from the Realtors MLS . You have the access to every home listed within a hundred of miles of Phoenix. Are all sites the same ? No... for example some of the national sites ..they have filters that actually prevent listings from showing up.  It is not uncommon for Phoenix and Scottsdale home listings NOT to show up on the national web sites. However,  and are exclusive, direct Realtor feeds and have no filters and every listing from every real estate broker in the State of Arizona is on the site. 
6. How about " Homes for sale by owner " or "Make me an offer- homes for sale" or Craigslist homes for sale?  These are ALL additional viable searches; It does not hurt to search all of these, However BEWARE,
Often times you will be dealing directly with the seller and his idea of a fair price or the "sellers agent" .. The person hired to make sure the seller wins. One of the many details home buyers do not place enough emphasis on, is, What is the 'for sale by owners' home really worth??? For Example... I just got off the phone with a home seller who is going to be putting his on the market as a "for sale by owner" in 2 months.. he was 100% cocky and confident his home was worth 2.2 million, when the actual "True Market Value" is about 1.9 million. So without an honest real estate agent representing you..will you know this??? Or another big item, the home inspection.. Only the very best , most experienced Realtors are qualified to guide you through that process. and there dozens more contractual items to contend with . Always have an experienced 100% honest Real Estate Agent. My number is 480-450-4632
7. Tip  # 7 ..How to acquire the very best NEW construction homes for sale. For access to all the new construction homes available in Phoenix - Scottsdale and Paradise Valley. Please call me . I could write a book on this home search tip alone. I will be happy to discuss all the options and available inventory with you.

My real estate goal is to be of service to you. I say it often but it cannot be said enough, "in real estate, there is a difference in Real Estate Professionals." For more tips on a 'best home buy" Call me now at 480.450.4632.

Realtor -Specializing in Scottsdale, Phoenix, Arcadia and Paradise Valley, Arizona

Michael Chaisson - Realtor

Russ Lyon Sotheby's International Realty
Premier Client Services
Ranked Top 1% Nationally
Circle of 26 Excellence Award Recipient

Posted in Home Buying Tips
Nov. 23, 2019

Utilities - Resources Scottdale - Paradise Valley

My real estate teams goal is, always to assist you in any way we can. If you are relocating to the Scottsdale, Paradise Valley or Phoenix area or simply moving within these cities, my goal is to give you the best most honest real estate services in Arizona. My reviews and awards are proof of my commitment to you.

Michael Chaisson - Realtor - 480-450-4632



Scottsdale and Paradise Valley Utilities and Resources



Water - Scottsdale 

Electric (APS) 1 (800) 240-2014

Gas (SW Gas) 877-860-6020

Cable - Scottsdale- Phoenix- Paradise Valley


Amazon Tech Support for Prime TV - Firestick




Scottsdale Police NON Emergency

City of Scottsdale - Police Department

8401 E. Indian School Road

Scottsdale, AZ 85251 


General Police number/file a report: 480-312-5000

TDD - 480-312-5419

Lost and Unclaimed Items -Scottsdale

Link To crime Stats


Scottsdale -Residential Trash Container Repair


Scottsdale City Web site

Scottsdale Unified School District Link


Arcadia High school - Articles on Scottsdale Schools



Tax assessment - Property Taxes- Maricopa County Assessor





Paradise Valley Web site


Paradise Valley Police Web Site


Paradise Valley Stats Site


Paradise Valley Water Services

(There are three providers depending on location of home)

Berneil Water Company

General Number: 480-947-5044

24 Hour Emergency Number: 480-947-5044


City of Phoenix Water Services

General Number: 602-262-6251

24 Hour Emergency: 602-261-8000


EPCOR Water Company

General Number: 602-759-5972

24 Hour Emergency: 800-383-0834


Nov. 20, 2019

Home Value - Remodeled versus Un-Remodeled


Looking for a remodeled home for sale in Paradise Valley or Scottsdale.. and wondering how much value is added to a remodeled home versus a non remodeled home?  The values are vastly different and there is almost no comparison in pricing. I recently educated another real estate agent on this;  as she had submitted a number of 'comps' for a newly remodeled home. In this instance, collectively we were providing information to a home seller, in order to help him determine his homes value. The comparable sales she provided to help were,   similar size and age homes... and in very very close proximity to the subject property but were not remodeled. I had shared with her sales of homes that were close... but not as close and some homes that were further away but in "equally valuable areas of Paradise Valley"  and were remodeled .

Two key facts are important in determining a luxury homes value.

1. A comparable luxury home need NOT be in a very close proximity to the subject property; Because, value is determined ultimately by what a "similar luxury buyer may perceive as value in a similar area". Meaning as long as data and perception of another areas value are equal in to the subject area, AND the home is of equal finish, size and design, of the home from another area, the home may be used as a comparable. Again, however the area MUST have the same value as in the subject area.

2. Remodeled homes, even as close as the home next door is not a comparable if one home is updated and remodeled ...and the other home for sale is not updated and remodeled.

Unfortunately there is so much mis -information relayed by poorly educated real estate agents and well intentioned but poorly educated consumers, that it is costing home buyers and home sellers BILLIONS every year. On a smaller scale, most home buyers and sellers lose between a minimum of $50,000 to over a million dollars per transaction in Paradise Valley and Scottsdale Real Estate; due to poor representation,  poorly relayed and/or inaccurate information.

To illustrate my point I sent the real estate agent with many years experience, two homes built same year, in same gated community within three hundred yards of each-other. 

Let's take a look at the two sales I sent her to illustrate how different the pricing was; The value adjustements would have been great to use as a "comp sale" , again both these homes were nearly identical in size, age and location yet one was remodeled.  - See The homes below -

I hope this article helps you understand our market better... How about this question... Ever wonder how much difference a floorplan can add or subtract to a homes value??? Call me if curious 480-450-4632

 BTW... The subject home sold for within $30,000 of the value I attributed.. There is no exact science; this is incredibly true now with so, so many home buyers OVER-paying for homes right now in both Scottsdale and Paradise Valley, these home buyers will sadly only find out how much they over-paid when it comes time to sell.


The first home shown was beautiful and sold for $341.00 per square foot.

The home below was remodeled and sold for the equivalent of $495.00 per square foot- Approximately $700,000 in value separated the two.

Sept. 22, 2019

Scottsdale Luxury Home Prices VS. Other US Cities

Scottsdale Luxury Home Prices VS. Other US Cities.


If you have wondered how real estate markets across the US are doing in comparison to home prices in Scottsdale and Paradise Valley; you will find the following graphs quite interesting .

To review homes prices, real estate trends, luxury design; please feel free to call me seven days a week from 8am to 8pm. It is my pleasure to be of service and your resource for luxury real estate services in Scottsdale and Paradise Valley.


Luxury Real Estate Market Trends in the News Today - In Brief.

The trend continues and the age of luxury home buyer is trending down with a more pronounced emphasis on quality and visual appeal of finishes VS. size of home. Trending also in the luxury market is more homes in jewel locations vs. larger homes in fewer locations.  Like a fine meal.. the luxury home buyer prefers a smaller plate of perfection vs. a buffet.

Michael Chaisson, Realtor

Russ Lyon Sotheby's International Realty
Premier Client Services
Ranked Top 1% Nationally
Circle of 26 Excellence Award Recipient


Sept. 3, 2019

HOMEBUYER- Your Goals are MOST Important

YOU are the Most Important Person When Buying a Home


I say. " you’re the most important person" because service to you should be paramount..and the Number #1 person to insure your success is your Realtor.

 You cannot overestimate this individual’s importance.... and it would be ill advised, to wait until the last minute to find a great Realtor. This is not a professional you should identify at the last minute in the home search process but one you should team up with very early on.


The real estate professional you choose will be a critical advisor, negotiator and consultant throughout your purchase or sale of your home. Since you’re making a financial investment, the experience and talent your Realtor have or lacks is as important as hiring an experienced & talented heart surgeon to save your life!


If your previous Realtor did not show you their value, hire better.


Here are the key aspects of why a GREAT Realtor is essential to counsel you during the home buying process. In other words - What a good Realtor duties are.


Pre- Purchase & Search (Not listed in order of Importance)


1.     A good Realtor will be an excellent advisor providing several options that’ll allow you to move into your new dream home with relatively minor expense prior to selling your old home. (This should this be your goal.)


2.     A good Realtor will provide strategies and act as a timing consultant as you prepare for your relocation/move.


3.     A good Realtor can preview and provide assessments on homes before you view a home, providing you an excellent early insight to areas, pricing and housing inventory. However, even more importantly, the experienced Realtor with integrity will advise you, if the home you are interested in, is the best you can find within your budget OR if it is simply the best home available at the moment.


4.     A good Realtor can be a key advisor to discuss moving logistics. No matter how many times you’ve moved an experienced Realtor has experience with various scenarios involved in hundreds of moves.


5.     You’ll have real-time Real Estate market information. A good Realtor will have market stats and data before any newspapers, TV stations or economic journals. A good Realtor sees where the market is trending months before the general public reads about it. If you have a professional Realtor representing you, you can request that you be notified of early market situations that may affect you.


6.     Street by street value assessment. Even before buying a home, during the home search process, an experienced Realtor can provide you ‘value’ information on communities in detail.  For example, every community has streets and sections with a higher value or lesser value. An experienced Realtor will be able to share details you would not otherwise know. This is invaluable when it comes to resale. Buying can be like a marriage. The wedding may be fun, much like buying a home should be... However, a divorce, like selling a home- you overpaid for, can be one of the most painful experiences of your life. Buy right!


7.     A good Realtor will have assessed your home buying/selling/moving situation numerous times and can share insight and advise on previous scenarios to benefit you.


8.     During the home search, a professional Realtor will arrange all viewings with you and schedule the showings at a convenient time for you, coordinating multiple showings with multiple agents. This eliminates a lot of coordination stress off of you.


9.     An experienced, honest Real Estate Agent will be able to analyze and evaluate the details of each home that increases or decreases resale and the current value of a home. This is more than noticing obvious upgrades but small details that impact not just the price you should pay for the home but what your ROI will be when you sell. I often will use the words "honest and experienced” when referring to an ideal Realtor because I have seen homebuyers try to resell their home ONLY a year after purchase in a stable market and lose hundreds of thousands of dollars because they substantially overpaid when they purchased. Think it can't happen to you???  The buyers who are over-paying are some of the smartest people in the world.  However, given a field outside their expertise, errors happen. Hire smart and I’m NOT talking about the real estate agent you like, that may be or feel like,  a ‘buddy,” friend or family member with a real estate license who would really love the commission from a sale.


10.  As noted above, a great Realtor will be able to evaluate and completely share with you over twenty-five significant factors that affect the value of the home you are considering buying. Each of these significant factors can impact the home’s value between 3% and 25%.  Do you think an agent who received a license a year ago can competently do this? Do you think an agent who received their license 3 or 5 years’ ago can do this with great competency? My observation is that 15 or more years of experience is required to learn the ins and outs of what issues, items and details increase or decrease the value of a home and to what degree.


11.  An experienced, honest Realtor will not rush you and work with you in a patient, thoughtful manner to ensure you get not just a home but the VERY best home within your given price range. This means using their years of experience to point out deficiencies in comparison to better homes they have seen but may not yet be on the market. This is how it works: a professional Rolls Royce dealer may have seen hundreds of Rolls Royces. So if you are looking for a particular model and year you may find one that you feel, “looks worthy of purchase.” But the dealer, with years of experience in this model, may suggest waiting, knowing it is very likely that the one you like ‘seems like a ten’, based on all that you’ve seen, but based on his/her knowledge, knows a better version will likely come up in the next three to six months.


12.  An honest, experienced Realtor will have an 80% better chance of being able to get you a mortgage rate LOWER than what you would find and even a better rate than your bank. I just had a very savvy financial home buyer search and search for the lowest loan rate. After looking for a week and telling me, ‘Don’t worry, I’ll find the best rate’ the lender, I suggested, in the beginning beat all of his competition and saved him $400.00 per month. In that one act, my experience and resources saved my client over $45,000.  Does having a great Realtor make a difference?? Absolutely! My experience, talent, character and honesty save most of my clients hundreds or tens of thousands of dollars. So when I meet people who suggest they can do it themselves or hire a friend or a family member or went to a discount broker because they saved $5,000, I just wish they only knew.


13.  One of the most critical parts of the home buying process are home inspections. These inspections are meant to include the home, the land the home rests on, the neighborhood, the surrounding community and the street. A good Realtor will assist you in these inspections, helping you find the talent resources to inspect every item that may potentially be a concern and suggesting many items to inspect you may not have even considered. This is another substantial asset of a good Realtor. The importance of the home inspections, the value of and the importance of the negotiations following the inspections cannot be overstated.


14.  A good Realtor will review all of the detailed home inspections notes with you, answer questions as they relate to items that are typically repaired and those lessor repair items that may or may not be a typical repair item but you as a buyer can ask the seller for.


15.  The Best Scottsdale/Phoenix Realtor will always support any and all of your repair requests. And of utmost importance will negotiate the highest amount of credits, repairs or a reduction in sale price based on his/her years of experience. Can this be done by an agent with only a few years experience ..with a great degree of competency? Will this be done at all with a discount broker? Repairs on most homes and items to be addressed typically equal thousands of dollars and in many cases can reach over $50,000. Is this something you feel needs experienced guidance? I am pretty sure you are nodding your head yes. I have seen homebuyers loose over $30,000.00 dollars due to inadequate representation. I have no doubt this is a low number in relation to all the transactions completed every day.


16.  While in the inspection, the transaction as a live process continues. Other legal documents are being reviewed and negotiated between the buyer and seller. This may include addendums to the original purchase contract, review and discussion of seller’s property disclosure statement and HOA documents. A good Realtor is available to review all of these documents with you.


17.  In addition to all of the other activities during the inspection period,” title research” has begun. Your excellent agent has also made sure to suggest an excellent title/escrow company that will not only protect your escrow/purchase deposit, but ensure all liens on property are disclosed. Please make sure to review the Schedule B and amended items to schedule B.


18.  In addition to inspections in the first 10 days after contract acceptance, the escrow company will send you a full set of CCR’s. Your excellent agent will be available to review all of these documents with you and address any concerns. Again having an experienced consultant/Realtor is a valuable asset.


19.  After inspections and the final agreement to the repairs and/or credits between the buyer and seller, your agent will follow up with the sellers’ agent to help ensure repairs are completed meaning as exactly as requested with regard to quality. Often times the seller’s agent may attempt a variation of how you requested the repair to be done or they may try to change the manner in which the repair was requested. Again, your excellent agent will work to ensure work is done, as requested, and if he/she has not advised you of the actions available to address the issue(s). No matter how excellent your Realtor is, Realtors cannot prevent the sellers or buyers from ignoring an aspect of the contract, but rest assured, with an experienced, professional Realtor, you will have professional guidance and remedies should this occur.


20.  In addition to checking in on inspections, your agent is also checking in with the lender (unless cash) making sure the loan process is moving forward as scheduled. I’ve heard horror stories of moving trucks parked out in front of homes with buyers unable to move in because their loan did not close on time due to lack of follow up and/or a poor lender. Can you imagine your family’s frustration? Think it can’t happen to you??


21.  Prior to closing, your excellent agent will schedule one, two or three walk-throughs of the home to make sure it has not incurred damage when the previous owners moved out along, finalize a check of agreed upon repairs and verify if any and all of the items that were to be left in the home are still there. Experience matters. If your agent schedules the ‘walk through’ too early or too late you could end up with serious liability issues.


22.  A Settlement Statement Review is an itemization of closing costs and associated fees to close the sale of the home.  Credits and debits to both the buyer and seller are on here and must be carefully reviewed to ensure all items, as agreed upon, are properly applied. Your excellent agent can advise you on proper review on this most important document.


23.  Signing. At last, after all of the negotiations, inspections, addendums, LSU’s, title work, escrow reviews, follow-ups and ten other closing efforts, the signing of the final closing docs takes place, and yes, there is one more review as each item must be carefully checked. After the fine print, this is the time for hugs all around for finding and closing on a truly beautiful home!!



24.  I speak often on the subject above because with the heart I have to see the issues I have seen with truly fine people. I am passionate about helping as many people as I can find good homes with excellent representation ... hopefully I will be able to be of service to you


 5 star rated - Voted #1 By Client Reviews and awarded many honors by Sotheby's International Realty and Berkshire Hathaway.

Michael Chaisson, Realtor
RL Sotheby's International Realty
Premier Client Services
Ranked Top 1% Nationally
Circle of 26 Excellence Award Recipient





Posted in Home Buying Tips
Aug. 21, 2019

2019 - The future of the Housing market in near future

What’s going to happen to our housing market in the near future? 

Recently, a leading firm surveyed 100 of the top economist in the country to answer that very question and if you’re a home-buyer, you’ll like what you’re about to hear. 

Of the 100 surveyed, only nine thought the housing market would retract in the next two years, and they predicted that the rate of that regression would only be between 7% and 9%. The rest predicted that the market would continue to appreciate—not just through 2020, but throughout the next five years. In fact, some think that home prices will increase by 47% in that time.

If you combine this study with the fact that we’re seeing 18- and 24-month lows in interest rates, it means that homes are more affordable now than they were in 2017. In addition, I work with some of the Best Lenders with the lowest rates; 99% of the time, lower than any rate my clients have been able to find.

This is great news for you,  if you are looking on the Sotheby's International Realty or to find a home for purchase. If you buy now, you can lock in the best interest rate and get the home of your dreams. Our VIP clients never settle; our goal is always to secure you the very best home in your price range.

If you have any adjustment request to your search or you have any other real estate questions, don’t hesitate to reach out to me today. My team and I love to help.

5 star rated- Voted #1 By Client Reviews and awarded many honors by Sotheby's International Realty and Berkshire Hathaway - including the “Circle of 26 Excellence Honor” 


Michael Chaisson, Realtor

My Team's Sotheby's International Realty Web sites are:



RL Sotheby's International Realty

Premier Client Services

Ranked Top 1% Nationally

Rated #1 by Client Reviews since 2005                                                                                

Circle of 26 Excellence Award Recipient


Aug. 8, 2019

Moving to Phoenix Or Scottsdale ?

Phoenix or Scottsdale is a great place for a new beginning and great living. I refer to Scottsdale as,

“The Adult Disneyland”….   If you are on the fence about your move to Scottsdale read on.. if you are already half packed… then you already know about the details following.


This quality of lifestyle Phoenix and Scottsdale provides is one of the many reasons the cities in and around Phoenix continue to grow. Scottsdale and Phoenix is home to an ever expanding international community with some of the most talented and successful people from around the world.

Here are some of my favorite reasons to relocate to this amazing community.


Why Move to Scottsdale or Phoenix?

The five primary reasons people move to Phoenix or Scottsdale are an incomparable lifestyle, higher wages, better weekends, nice people and warm weather. Phoenix’s 300-plus days of sunshine a year attracts businesses searching for a warm, dry climate that will attract top employee talent but won’t interfere with distribution networks, telecommunications systems or administrative operations.

Nine months out of the year, Phoenix & Scottsdale residents enjoy pleasant, spring-like temperatures. The warmer months although warm are not muggy/ humid but a much more pleasant dry heat.

While situated in a weather zone 12, Phoenix has lush greenery and beautiful tree-lined streets and parks. Canals bring water from the Colorado River. Also, the reserves of runoff water provided by rain and snow in the northern mountain range of Arizona are accessible and make a warm but green oasis.

As a result, landscaping for parks, golf courses, homes and boulevards often include palm, olive, pine and citrus trees. The scent of orange blossoms fills the air in March and April. Roses, poppies and hundreds of other flowers bloom almost all year. So pretty in fact and such a draw for quality businesses from all over the U.S, it is consistently ranked in the top ten for most beautiful cities, most business friendly, Best Cities to live in and most recently Scottsdale was ranked, One top ten happiest cities in

the US. 

 If you are a little older and considering relocating to Phoenix or Scottsdale, it may be reassuring to note, Scottsdale and Phoenix have a reputation as a popular retirement destination. A vibrant retirement community scene continues to grow here. Arizona has about one million residents at least 55 years with a combined economic impact of about $16.8 billion. And no one is sitting in rocky chairs, everyone is active and enjoying themselves. 

Those who relocate to Phoenix are often found outdoors, enjoying the city’s natural beauty, including parks, more than 1,000 tennis courts and more than 150 golf courses. You’ll also find plenty of municipal parks, hiking trails, river rafting and lakes within 35 to 45 minutes, bicycling routes, running paths, and equestrian trails and activity clubs. Like the nightlife??  music venues, wine bistros, art galleries, comedy clubs, The Scottsdale Symphony and 1000’s of social groups should keep you busy. The list is endless.  What to learn about the more than 150 FUN things to do within and around Scottsdale and Phoenix, check out this link. 

Finding That Dream Home

With the constant influx of new comers to Phoenix, finding a great home for sale in Phoenix or home for sale in Scottsdale or Paradise Valley can be an exciting experience and should be.  With the help of an experienced – honest Realtor, those new to the area can be assured of making an informed decision about one of the most important investments ever made in their lives – the purchase of a home.

My name is Michael Chaisson (Realtor) I specialize in helping those relocating to the Scottsdale -Paradise Valley to area find their perfect home. I’m always available to answer your questions and am happy to show you some great properties!

5 star rated- Voted #1 By Client Reviews and awarded many honors by Sotheby's International Realty and Berkshire Hathaway - including the “Circle of 26 Excellence Honor” 


Michael Chaisson, Realtor

My Team's Sotheby's International Realty Web sites are:



RL Sotheby's International Realty

Premier Client Services

Ranked Top 1% Nationally

Rated #1 by Client Reviews since 2008

Circle of 26 Excellence Award Recipient

Posted in Home Buying Tips
Aug. 4, 2019

25 One Day Vacation Ideas- Phoenix

Hi Everyone,


Click on the link below to find even more fun in and out of the Sun all within 2 hours drive of Scottsdale and Phoenix.
We feature plenty of real estate news on this platform but we never lose site of the fact, almost everyone lives here because, it is FUN!  Here is the latest link to yet more fun and interesting things to do within a short drive.


5 star rated - Voted #1 By Client Reviews and awarded many honors by Sotheby's International Realty and Berkshire Hathaway - including the “Circle of 26 Excellence Honor”

Michael Chaisson, Realtor

My Team's Sotheby's International Realty Web sites are:



RL Sotheby's International Realty

Premier Client Services

Ranked Top 1% Nationally

Rated #1 by Client Reviews since 2008

Circle of 26 Excellence Award Recipient

Posted in Fun & Events
Aug. 3, 2019

Newest Changes in Homes Prices City Wide.

Attached are graphs showing market activity in the Phoenix area with am emphasis on Scottsdale and Paradise Valley.
Please call with any questions. My pleasure to review them with you. In addition to the graphs,  let's review current "home supply" as it relates to demand.
After home supply fell below 2 months for a couple of weeks, Phoenix areas months of supply measurement is back to 2.1 months. This is still an incredibly low number.
What this means is.. "if no more homes were to come on the market, it would take approximately 2.1 months to sell every home currently available.
This is not because the number of active listings is increasing, but because the sales rate is falling, as it does every year once the second quarter  Again, 2.1 months of supply for all areas & types is a very low figure by long term standards, especially because active listings in UCB  (Under Contract Homes) and  CCBS (Contingent on Buyer Sale) status are included in this count. If we narrow the area down to just greater Phoenix, overall the reading drops to 1.9 months supply. If we then exclude the CCBS and UCB listings we have just 1.4 months of supply. The last time the Phoenix area had readings this low was in the second quarter of 2012.
Please note that supply is much tighter in the lower price ranges than for luxury homes, but this will you an idea of the overall market and it is strong across the board.  Below $500,000 we have just 1.1 months of supply.
For homes priced at $500,000 and above we have 3.8 months of supply. However, this is also unusually low - the lowest reading since 2005. Above 1.5 million to 3 million, the supply is in the 4 to 6.5 months range.
Scottsdale, Paradise Valley and the Arcadia community in Phoenix continue to climb in price. Paradise Valley sales price average is now at 396.68 per square foot!

Again please enjoy the graphs and market report and please call me for additional information.

Call Michael Chaisson Realtor RL Sotheby's International Realty Specializing in luxury homes in Scottsdale, Paradise Valley and the greater Phoenix area. 480-450-4632

Entire report updated every 45 days.




July 30, 2019

Scottsdale -Big Home Technology Trends Ahead

Tesla Powerwall: the complete battery review

Reprinted - Credited to

Last updated 5/23/2019

Back in 2015, automaker Tesla Motors set its sights on the home energy storage market and announced the launch of its home battery product, the Tesla Powerwall.

In the past, Tesla Motors has been praised for making high-quality electric vehicles, as well as for their ability to reimagine and successfully rebrand existing technologies. In fact, while Tesla's automobiles revitalized the 21st-century electric vehicle market, the first electric cars were invented more than a hundred years earlier. 

Tesla’s rebranding of residential-use batteries is in line with their legacy of reimagining existing products. Tesla's battery may represent the first time in history that everyday homeowners are truly excited about the potential of storing energy at their home. The Powerwall, combined with the exciting Tesla Solar Roof, are both potential cornerstones of Elon Musk's sustainable energy vision for the future. 

tesla powerwall

What is the Tesla Powerwall?

Tesla describes the Powerwall as a “rechargeable lithium ion battery with liquid thermal control.”  It is one of a few companies in the residential energy storage market that makes small-scale batteries for home energy storage. The first-generation Powerwall launched in April 2015, and an updated Powerwall 2.0 was announced in October 2016. Prior to April 2018, the price of a Powerwall 2.0 battery (not including installation costs) was $5,500. It has since increased to $6,700.

Tesla battery packs are an ideal pairing for solar panel systems, especially in the case of off-grid projects where homeowners need or want to become fully independent of their utility. A solar storage solution like the Tesla Powerwall allows you to maintain a sustained power supply during the day or night. But how does Tesla’s battery pack measure up against all the other home energy storage options? Read on to learn more about Tesla Powerwall’s cost, technology, and warranty coverage.

How much does the Tesla Powerwall cost?

The list price for a new Tesla Powerwall 2.0 battery, which offers twice the storage capacity of the original Powerwall, is $6,700. Supporting hardware adds another $1,100 to the equipment costs, bringing the total to $7,800. Installation can add anywhere from $2,000 to $8,000 to the final bill.

It is important to note that the list prices you see don't include the cost of installing your Powerwall on your property. Tesla estimates that installation will add $800 to $2,000 to your bill. However, this estimate doesn't include the cost of electrical upgrades, taxes, permit fees, or connection charges. EnergySage users have reported installation costs that add anywhere from $5,000 to $8,000 (before any financial incentives are applied). The final number will be dependent on the specifics of your installation. 

If you want to install the Powerwall as part of a solar-plus-storage system, battery costs are just one part of the equation. An average 5 kilowatt (kW) solar energy system costs anywhere from $8,500 to $16,000 depending on where you live and the type of equipment you choose. That may sound like a lot of money, but installing a solar-plus-storage system can be a worthwhile investment. Solar battery economics depend on a few different factors. Whether or not the Tesla battery pack makes sense for you depends on the way that your electric utility structures its rates, as well as your reasons for installing a solar battery.

How does Tesla's battery work?

Tesla and other electric carmakers have invested a significant amount of time and money into developing long-lasting battery technology. An enduring concern of American car buyers is that electric vehicles don't hold enough charge, and that they could be left stranded along the roadside as a result. While Tesla’s research into battery technology was initially focused on the auto market, manufacturing a Tesla battery pack for home use is another way for the company to bring its existing inventions to market.

As with other energy storage products, the Tesla battery pack is sized for day-to-day use at your home, and is usually paired with a home solar panel system. When your solar panels produce more electricity than you can use in your home, the excess is stored in the battery pack instead of being sent back into the electric grid. Later, when your panels aren’t producing enough electricity, you can use the electricity stored in your Powerwall instead of having to buy it from your utility.

Normally, this process happens over the course of a day: when the sun is high in the sky and your solar panels are producing more electricity than you can use, the surplus energy is stored in your Tesla Battery. As the sun goes down and your solar panel production decreases, you draw on the electricity that you stored during the sunniest part of the day. Essentially, the Powerwall helps you balance out your electricity production and usage over the course of the day.

Can you go "off the grid" with a Tesla Powerwall and solar?

Installing a solar-plus-storage system at your home is a great way to take control of your electricity bill, but it doesn’t mean that you’re completely disconnected from your utility. Going "off the grid" with solar batteries is actually a more expensive and complicated proposition than you might think. A single Tesla home battery will only provide backup power for a few hours – not nearly enough to cover you if you have an entirely cloudy day, let alone several days or weeks of inclement weather.

What is the Tesla Powerwall warranty, and how long does the battery last?

The Powerwall comes with an unlimited 10-year warranty that assumes your battery is used for daily charging and draining. This warranty includes a capacity warranty that guarantees your Powerwall will retain at least 70 percent of its capacity to hold a charge during this time.

Tesla’s battery technology is similar to other rechargeable batteries both large and small: as time goes on, the battery loses some of its ability to hold a charge. Think of how the battery life of a brand-new smartphone compares to one that is a few years old. As you continually charge and drain your phone’s battery, it starts to lose some of its ability to hold a charge.

Tesla battery life will deteriorate in the same way. That isn’t an indicator of a product flaw – all batteries lose some of their ability to hold a charge over time, whether it’s an electric vehicle battery, a home energy battery, or a rechargeable AA battery. This is why Tesla offers a warranty that guarantees a certain amount of storage capacity.

While the warranty isn’t the only criterion to evaluate when choosing a solar battery for your home, it should be one factor under consideration when making an investment in solar-plus-storage.

tesla powerwall
Should you install a Tesla Powerwall or other solar battery?

Solar batteries are a fairly new technology for homeowners. While they offer significant benefits for some, they aren’t always a necessary investment. If your utility offers net metering, installing a solar battery won’t save you money. However, if you install a solar panel system in an area with time-of-use (TOU) electricity rates, no net metering, or significant demand charges, a solar battery could be a good choice for you.

Where to buy a Tesla battery

The Tesla Powerwall battery is currently available through the company's certified installer network in the U.S. Whether you want to install a Tesla Powerwall or other home battery pack, you will most likely need to work through a certified installer. Adding energy storage technology to your home is a complicated process that requires electrical expertise, certifications, and knowledge of the best practices required to install a solar-plus-storage system correctly.

A qualified EnergySage-approved company can give you the best recommendation about the Tesla home battery and other energy storage options available to homeowners today. If you are interested in receiving competing installation quotes for solar and energy storage options from local installers near you, simply join the EnergySage Solar Marketplace today and indicate what products you’re interested in your profile’s preferences section.

Three tips for solar shoppers

  1. Homeowners who get multiple quotes save 10% or more

    As with any big ticket purchase, shopping for a solar panel installation takes a lot of research and consideration, including a thorough review of the companies in your area. A recent report by the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) recommended that consumers compare as many solar options as possible to avoid paying inflated prices offered by the large installers in the solar industry. To find the smaller contractors that typically offer lower prices, you'll need to use an installer network like EnergySage. You can receive free quotes from vetted installers local to you when you register your property on our Solar Marketplace – homeowners who get 3 or more quotes can save thousands on their solar panel installation.

  2. The biggest installers typically don’t offer the best price

    The bigger isn't always better mantra is one of the main reasons we strongly encourage homeowners to consider all of their solar options, not just the brands large enough to pay for the most advertising. A recent report by the U.S. government found that large installers are $2,000 to $5,000 more expensive than small solar companies. If you have offers from some of the big installers in solar, make sure you compare those bids with quotes from local installers to ensure you don't overpay for solar.

  3. Comparing all your equipment options is just as important

    National-scale installers don’t just offer higher prices – they also tend to have fewer solar equipment options, which can have a significant impact on your system’s electricity production. By collecting a diverse array of solar bids, you can compare costs and savings based on the different equipment packages available to you. There are multiple variables to consider when seeking out the best solar panels on the market. While certain panels will have higher efficiency ratings than others, investing in top-of-the-line solar equipment doesn’t always result in higher savings. The only way to find the “sweet spot” for your property is to evaluate quotes with varying equipment and financing offers.

For any homeowner in the early stage of shopping for solar that would just like a ballpark estimate for an installation, try our Solar Calculator that offers up front cost and long term savings estimates based on your location and roof type. For those looking to get quotes from local contractors today, check out our quote comparison platform.