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Scottsdale, AZ Information
Welcome > Local Info > Scottsdale, AZ Information ...

For residents and tourists alike, Scottsdale, Arizona is about luxury and quality of life. The city must have the formula right, because more than 7.5 million people visit each year, and it placed seventh on Money magazine’s “2006 Best Place to Live in America”. Scottsdale is internationally recognized as a premiere tourist destination. In addition to having more than 300 days of sunshine each year and the magnificent backdrop provided by the Sonoran Desert and the surrounding McDowell Mountains, Scottsdale also has the finest in shopping and dining. It also has fabulous 5-star hotels, resorts and spas, and an endless array of year-round outdoor activities including some of the best golf in the world. It is no wonder why some tourists end up calling Scottsdale their home.

Despite its current reputation, the city had very modest roots. In 1888, U.S. Army Chaplain Winfield Scott paid $2.50 an acre for a 640-acre section of land in what is now Scottsdale. Scott's brother, George Washington Scott, became the first resident of the future town. He cleared the land, dug irrigation ditches, and planted 80 acres of barley, a 20-acre vineyard, and a seven-acre citrus orchard.

In 1951, the year Scottsdale incorporated, there were still only 2,000 people living in the town, on less than two square miles of land. Today, Scottsdale has over a quarter of a million residents living on 185 square miles of land. The growth has escalated so much in recent years that Scottsdale is now Arizona’s fifth largest city.

Today, Scottsdale is home to many popular planned communities such as McCormick Ranch, Gainey Ranch, Troon, McDowell Mountain Ranch, Grayhawk, Desert Mountain and many more. Downtown Scottsdale continues to thrive and offers a choice of unique areas including Old Town, the Main Street Arts and Antiques District, the Marshall Way Contemporary Arts District, and the Fifth Avenue Shops. Further north, one can find Taliesin West, Frank Lloyd Wright’s architectural school and the McDowell-Sonoran Preserve.

Scottsdale is known throughout the country for its creative approach to city planning and 75 square miles have been set aside as open space. A unique 7.5-mile long greenbelt offers recreational opportunities including fishing, boating, and golf. Scottsdale is also the home to the FBR Open Golf Tournament that carries the distinction of being the best-attended event on the PGA Tour. It’s also the home to other well-visited events such as the Annual Arabian Horse Show, Parada Del Sol, and the Thunderbird Balloon Classic.

Every spring, Scottsdale is proud to call itself the spring training home of the San Francisco Giants. It is also proud to be Scottsdale Community College, Scottsdale Civic Center, Scottsdale Fashion Square Mall, the Borgata, the Stagebrush Theatre, Scottsdale Center for the Arts, and Mayo Clinic.


Demographics:
Scottsdale, Arizona covers 185 square miles and has a population of 226,013. The median age is 41.0. The median household income is $84,747 (2007). The median home value of a new home is just above $900,000 (2007) and the median value of a resale is $525,000 (2007).http://www.ci.scottsdale.az.us/

Scottsdale Communities

Ancala Hidden Hills Scottsdale Mountain
The Boulder Ironwood Village Scottsdale Ranch
DC Ranch/Silverleaf  Kierland Stonegate
Estancia McCormick Ranch Terravita
Desert Mountain McDowell Mountain Ranch Troon
Gainey Ranch Mirabel Whisper Rock
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Real Estate Tips
Financing Your Home >More On ARMs

Lenders are always looking for new ways to help buyers get into the home of their dreams. Today they frequently use adjustable rate mortgages (ARMs) to increase the buyer's options. The interest rate on an ARM changes periodically to reflect changes in the national market. Since the loan starts at a rate that is lower than the national average, lenders can reduce the borrower's qualifying criteria.

One way to distinguish between different ARMs is by the national index to which they are tied. Some ARMs are tied to a slow-moving index called the cost-of-funds index; these are usually the most desirable. ARMs that are tied to a more volatile index, such as Treasury Notes, can be adjusted upward at a quicker rate. Look at all the factors before choosing a loan. The faster index loan may start out with lower rates and lower monthly payments, but the slower index ARM may eliminate your concern about having to re-finance down the road.

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Real Estate Trivia
Q 
How many rooms are there in the U.S. President's primary residence?

A 
There are 132 rooms in the White House.
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Ryan M. Ney, REALTOR®, real estate agent and broker for Scottsdale, Paradise Valley and North Phoenix, Arizona home listings, property and land for sale - NUMBER1EXPERT(tm)

Ryan M. Ney
RE/MAX Fine Properties

21000 N Pima Road
Suite 100
Scottsdale, AZ 85255
Direct: 480-332-5659
Office: 480-792-9500
Toll Free: 888-471-9500
Email: Ryan@RealScottsdaleHomes.com

Ryan was born and raised here in the Valley of the Sun and, as a result, has a unique perspective on the valley and what it has to offer. He has a business management degree from Arizona State as well as the ability to think outside the box when a situation requires a unique and innovative solution. Whether you are new to the market, thinking of moving up, or even an experienced investor, Ryan has the expertise, the energy, the enthusiasm and the access to resources to help you achieve your goals.

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